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HomeMy WebLinkAbout2222 and shall perjo+m, c~omply wttl~ and a6td~ 6y each and e~~ery !he ag?eenwnts. atipu~atb?ia. co?u~tttona and ca~enanl: I?iereo/, and oj Ihb moHgage, tl~en this morlgage and the estate kare6y eroated, shall csa~~, d~- termtne ancl ds null an~I uol~I. ~ If~p mwtgaQor hewby Jurtl~er covenanta and agrees to pay promptly when due tl~~ princtpnl and i~terrat and of~er suma ol money providec~ jo~ in aatd note an+~ thlt mo?lgaga. or elttier: to pay a~~ and singu~ar fhe larea. assessments, ~+vles, ~ta6i~tties, ob~igatlons. and e~cum6mnces of every natun on satd pro- perfy; to pennit, :ommil or su~(er no wasle, impatrme?~t or dete~ioratton of satd b,~d or fhe improvemenb Il~erecn at any linte; lo ~p the bui~infla now or herpajter on said lund lully insurec~ in a stun o~ not leu Ihan hiqhest insurable vnlue in a company or rnmpanic?s ac~cepiab~e to the mwtgagee. fhe poltcy or polictes to ~ie ~ee~ by, a~d payabb to, said mortgagee, an~ in fhe. event any sum o~ moreey becornes ~ya61s by uirtwe bf such insurance f~e mo~tga9ee shall have ehe righe ro ~r~ end upply the same to t~e indebtedneu here6y secured, ac~onnting to the mortga~or ~or any surp~us; fo pay a~~ costs. chnrges. nnd expenses, inc~u~tng ~awyer s jees and fit~e searc{~ps, reasona6ly incu~red or paid by Ihe mortga9ee 6ecause of the /ailure o~ tlie mortgago~ to promptly w~d ~ully comply with Ihe agreements, sflpulafion~, conditions and eouenants oj said note nnd t~i~s morlguge. o~ either; Io per(orm, comply with and a6ide 6y each and enery the agreementa, stipulations, c~ondttioru and rnvenanls set ~orth in said note nnc~ this mortgage or ei!/~e~. In !he event the morlgngor faila Io pay when due any tax, assessment, insura~c~e premium or ot~ie~ sum o~ monep pnyable by vtrlue of said note and this mortgage, o~ eifl~e~, t~ie mortgngee mny pay i~ie same, wtf~iout wniving or a~~ecftng tf~e optfon to (orec~ose or wiy other rigl~t hereunder, and aII auch payments shall bear interest jrom date ther~eoj at !he hlgl~eat low- (ul rate tJ~en allowed bp the Iaws oj t1~e State oE Florida. 7l any sum o~ money herein re(prred to be not prompfly paicl wIfhin 30 doys next o~ter f~e same 6ecomea ~ue, or if ench and every Ihe agreemenls, sftpulations, c~ondittores ared cooencentt oj said note nnd ff~is mortgage, or eithe~, are not (ully per(ornted, c~omplied with end a6;ded 6y, il~en t6e entiro sum mentioned in said note, and Ihts mortgage, or the entine balance unpaid ther+eon, skall jwthwteh or tl~ene~a/ter, at tJ~e opfion o) t?~e inortgngee, b~F ~d be d~ ~d poynb[~, nnyt6ing in said note or I~erein to fhe conlrary notmif{~.standing. Fai~urr 6y ~6e mortgagee to exercise onp of t~e r+ig~ls w opttona {~erein pronided s~a~~ nof c»nstifute a wairpr of nny rig/~ts or options under saic~ note o? thts mortgage accruec~ or f~e?eafl~r accruing. ~n ~~Lll~ ~~~I~ fhe saic~ morlgagor /~as tierrunto signe~ nnc~ sea~ !{~ese presents t~e day nnd year ~irst nbore u~ritfen. Sign , s led and d~el' ~l.in the prespnce o/: , ( . . .....t~.~__ - irs~.-•--•- - . - - nry He~~layton ~ - • STATE OF FLORIDA, ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY thac on t!w day. before me~ au officer duly authoriud in the Stat~ atorcsaid and in t6e County aforesaid w take acknowkdgmenb, penonallp appeared f~NRY ~I~I CLAY'i'O1V to me known to bc the penon descdbed in and who ezecuted the longoinR instrument and }le actnowkdsed betorc me that 11Q executed t6e same. f ~,,.u~~.~e., r.. 1KIi!'1~S6j,~my hand and ofticial ~eal in t6c County and Statc last afonuid this da1 ot 1~ • ••Z'~Yn , A. D. 19 68 . I ' , ~ ~ . ~ r ~ _ _ t , Public . ~ ~ : . , . ~ ~ ~ ~lLEO ~ND R~CQRD~O Si. LUC~F CL~U~,TY. F~j•• MI? co~is oyny e ir(e{~s{~•~(n_- t: :~ir~r-^ '^.~'I ~i .7MW W fl~~ ~ ~ 166886 ~0"'~'~10' ~"a s, ~9re l~Md b~..k.i dlr ~ i~wA) fY: c:°.~:•~ 7 Pr~ 2:07 _?~~~at,ec'~~+C," , . _ ~L~:SY, t;IR ~vt i LO'Jr; i BOOK~7~ PAGE~~~~ ~ i` , - :E~ - - _ s~. _ °