HomeMy WebLinkAbout0448 a~~ sha~~ pe~jorm, comply u~ill~ and a6ide by eac~ and every the agreements, atipu~ationa. condifiont and
covenanls ihercroj, and of this mo~lgage, then this mo~lgage. nnd the estate kere6y created, ahall cease, de-
fermine ant~ be nu~l a~tl noic~.
~ the mortguqo~ he~i~6y ~w~~he~ ..rouenants and agrees to pay promplly when clue !he principal anel
interns! and other sums o~ money providec, (or in said note and f~is mortgage, or eif~er: to pay al~ and
sin~ular tl~e ta.res, assessments, levies, ita6ilities, obligntions, and encum6rnnces of every nature on snid pro-
perfy: to permit, commit or su)fe~ no waste, impairment o? c~eferioration of saic~ ~ancj or the impmvemenla
ff~ercwn at any time: to ~PPP IhP 6uildings now or hereaJte~ on said land juUy insured in a sum o/ not less
t{~an
in a company or companies acceptab~e fo fhe morigagee, t{ee po~tcy o~ po~icies to 6e heW by, ant, payab~e
to, said mortgagee, and in tfee event any ~um of money 6ecomea p~yn6l~ 6y uirtue of such insumnce !he
mortgagee sha~~ tim%e 3~e right to ~eceive anc~ up~Iy the aarrsp tl.e ~..dal,~nr(ne~s I~e~r~y s~cured, acc~ounfinr
to f~e r?eortgagor for any surp~us; to pay a~~ cosfs. charges. and expenses, including ~auryer~ ~ees and fil~e
sear~ches, reasonably incun~ed or ~~d 6y ihe mortgagee 6ecause oj fTie ~ailure oj Ihe mortgagor !o pe~omptly
and (ully comply witle the agreemenls, stipulations, conditions and covenants oJ said note and this mortgage.
or eilhe~; !o per(orm, comply with cind a6ide 6y each and every the agreements, stipulattons, conditions and
covennnls set ~orth in said note and f/~Qs morfgage or eilher. ln tke event the mortgngor fat~a to pay u~hen '
due any tax, assessmenl, insurance p~emium or ot{~e~ sum o~ ~,oney ~xiya6[~ 6y virtue o` said note ancj t~is
morfgage, or either, !he mo~fgagee may pay I~e same, wifhout waiuing or nf~ecting the option fo (oreclose
or any olher right hereunder, nnd aIl such payments shall 6ear interest jrom date thernoj at tl~e highest Iaw-
(ul rafe then allo~ved 6y 1he laws o~ the State of Florida.
~ i! any sum of money {~erein re(errecl fo be not promptly paicr within ' cjnys next o(ter
the same becom~s due, or ij each and every ihe agreements, stipulations, conditions nnd covenants oj said
note and ehis mortgage, or either, are not jully per/ormed, complied with and abided by, then fhe enttre
sum mentioned in said ~iole, and this mortgage, or the~entire balance unpaid thereon, shall ~orthwitl~ or
thereajter, at t6e option oJ the morfgag~e, become and be due nnd paqnble, anything in snid note or herein
to the contrary nolwifl~sfancling. Failure 6y tbe morfgages to exer+cise any of the rig~ts or options ~eretn
proi~i~ecl shnll nof conslit~dp a wainer of any rig~ts or opfions unc~er saic~ note or f{~is mortgage acc?ued or
thpreaf ter accruin~.
L
' n ~Lll~s Ile~O ~ t~~p saicl mortgagor {~as hereunto signed and sen[ed these presents the
~ay an~ year Jirst ntione « ~riNen.
Si , sealed and del' pred in the pr~sence o~:
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~ STATE OF FLORIDA,
~ COLT\TY OF ST. LUCIB ~
I HEREBY CERTIFY that on this day, before me, an I
of(icer duly authorized in th~ Stat~ aforesaid and in the County atoresaid to tak~ ackaowledgmenu, p~rsonally appeared
BOB C. C~BSN:: and BDBI3 M. C~t~SN::, his wife
~ to me known to b~ the penon deuribed in and who executed the [oreqoinq instrument and they acknowledged {
beforc me that they ex~cuted the same. !
~ WITNESS m}• hand and o(ficia! seal in thc County and State last aforesaid this 29th d~y of ~
March A. D. 19 68. '
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~ ~ NTAII~ ?YtIIC. ii~tE ~i iLpWA AT 1~~~
~ MY COMM~SSbN Pxp~qFS trpV 14, 1971
~ONp[O 1NRp~/pM /R[P w. p1[~TLLMOR/7
~ ,.~~uu~,.:..
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~ _ ~.1'-a ' ~ .
y FIl.EO AND RECORDEO
~;'~~~'i'r,i- ~ - ST. LUCIE COUNTY. F~A.
~ . - _ , _ fr~ ^n~" , ~r~s".r~~'
~ ~ 'ti~ >,r>>z 65S'~S ~ .
~ nLZg pM 3• 16
' ~,F~`y 'VV .~/w• ~A/1/~~I~ ~
~I(/
f~.U:~i-i~. i tJt~iR:•S
~ ~ IRCU17 COURT (
I CLER~C C ~
$~~71 ~ 4~8 ! .
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