HomeMy WebLinkAbout2491 and 'ahall per/o~m, rnmply wifh and abtd• 6y ~h nnd e~ery tl~e agroeeu~ta, itipulnttoni, c~ondltto?u ond
conenanls tl~ereoj, and oJ Ihis mo~tgage. ll~en t1~U mo?tgngs und the e:tat~ I~e.+~6r created, sl~all ce~ue, d~-
termi~e a~d 6e null and void.
~ f1~e mortgnQor her~by jurf~er eovenants and ugrees to pay promplly wken dw ths p~incipai .:nd
interest and other sums o~ money provided ~or in satd note and thit mortgage. or eithar; !o par n~l and
ainguTar !he laxes, cusessments, levtes. Ila6ilities, obltgattons, and encum6rances o~ every nature on said pro-
perly: to permit, commit or suf)er no wosle, impairmen! or dete~tomtion of anid land or Ihe tmproveme~b
ll~erecn at ony fFme; !o ke~p the 6uFldings now or he?PU)t~r on satd bnd ~u~~y insurec~ in a sum o~ no! ~ess
than No insurance j
in n compnny or coMpnnIes acceptnb~e fo t~e mortgagee, the po~tcy or po~tdes to be he~ by, and paynble i
to. said mortgagee, anc~ in t~e euenf any sum of money becomes ~ya6le 6y virlue bl suck inaurance t~s ~
mortgagee s~a~~ hnue t~e right to ?eceiue and apply the snme to ll~e inde6tedneu hereby secured, aceou?+ting ~
to I~e morfga{~or ~or any surplus; to pay a~~ cosls, cha?ges. and earpenses, inc~ucling ~wyer s~eea a:~ tit~e ~
searches, reasona6ly incurred or paid 6y ihe mortga9ee 6ecause o~ tl~e ~atlure oj the rnortgagor to prornQtly 1
and ~u~~y comp~y u~it~ t{~e agreements, stipu~attons, oondiftons and rnvenanfs oj said note and t6ia mortgege. ~i
o~ eit/~er: to perfor~n, comply wtth and a6ide 6y each and every ti?e agreements, stipu~ations, condittont and ~j
co~enants set (o?t~ in saicl note uncj fhts mortgage or eilher. ~n ftie event the morlgagor (at~s to pay when i
due any tax, assessment, insurance premium or othe~ sum of money paya6le 6y virtue o~ said note and t1?Is
mortgage, or eil{~er, !he mortgngee may pay the anme, wtthout wntvtng or n~(ecting f~e option to ~orec~ose
or any other right I~ereunder, and all such payments shaU 6ea~ interest jrom dnte tl~ereo) at !he highest Inw-
(ul rate Il~en aUowecl by ~the laws of t6e Stnte o~ Florida.
7l any sum o) money herein re(e~ to be not prompt~y paid within 6~ c~a~s next af ter
fl~e same becomes due, or i/ each and every 1{~e agreements, stipulntions. conditions a~d c~ovenanb o~ snid
note nnd this mortgage, or eifl~er, nre not ~ully performed, c~omplied wit6 and ab~ded by, then t6e entire
sum mentioned in said note, and t1~is morlgage, o~ the entire balunce unpaid thereon, sl~nll jorthwith or
thereajter, nt the option oj Ihe mortgagee. 6ecome and be due and puya6le, anyt6ing in said note or hee+ein
to tl~e rnntmry notwilhstanding. Failure 6y 1he mortgagee to exercise any oj tke rights or options /~ersin i
provided s~a~~ not c~onstifute a waivn~ oj any rig~fs or opttons unde~ sai~ nole or thb mortgage nccrued or
l~ereajter acrruing.
Dn ~V~lil~ ~~Ol~ the said mortgngor has her+eunlo sign~ nnc~ sea~ these presents f~e
c~ay an~ year ~irst al~oi~e u•ritlen.
Signed, sealed and delivered in Il~e prespnce o/:
_.~~iG~;.Gc,C~t'-
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~ STATE OF FLORIDA, ~
~ cou~rr~r oF ST . LUCIE
I HEREBY CERTTFY that on thit day, be[ore me, a.~
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ofGcer duty authorized in the State a[oresaid and in the County aforesaid to take acknowkdgmenq. penonally appeared
~ GERALD S. JAMES and JUDY JAN`lES , his wife ,
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~ to me known to b~ the person S descnbed in and who executed the (ore~qoin~ instrument aad they ackaowkdaed }
~ bc[orc me that they eaecutcd the samt.
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~ WI7NESS my hand and ofGcial seal in thc County and Sutc last aforcsaid thu dlr ~
~ l~arch, A. D. 19 6$ •
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` . - . - MY COMMISSION~EXPIRES AUG. 20.M1971 ~
a • ~ • ~ DONDtp THROUGH
. ) J ~ FRED W. DI$BTELMORfI
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