HomeMy WebLinkAbout0088 and shall per/orm, comply wilh and a6tde by 'each and e~~ery the ag?ee~rwnb, •tipulnttons, condttiona and
covenants the?eo~, and o) thts mortgage, tf~en this morlgage. and the estatr l~ere6r croat~d, al~all ~ea~s, de-
termine and 6e null and iwid.
tl~e mortgagor hen+6y Jwlha~ covenants and ogroea to puy promptly when due tke p~incipal and
interest and o11~er sums oE money provided f
or in said nc!e nnd t~is mo~tgage. or elt~er: to pay a~~ and
singu~a~ the tares, assessmenfs. ~euies, ~iabi~ities, o6~igatior~.t. and encumbnanc~'a oj every nature on said pro-
perfy; to permil, commit or suj~er no waste. impuirment u: defe~iorotion o! said lanc~ or the improuumenb
thereon al any time: to kraN ;~.r ~~::a;::as ~~u• ~r herAc~(ep~ on aatd Iand /uI[y insiuBd tn a aum of not Iesa
than •
in a company or companips accepfab~e fo the morfgagee, f~e pollcy or poltcies !o b. h.id by, w?d ~~bl~
to. said mortgagee, and in the event any awn of n~o~eey becomet poyo6l~ 6y vtrtue o~ auch inaurnnce t~e
mortgagee s{?alI have the rig{~f lo recelve and apply the same to t1?e inde6tedness hereby secured. aceounting
to fhe morf~opor ~or any surplus; fo pay u~~ cotta, c~argea, and expenac?a, incluc~ing jawyers jees and ttf~e
searches. ?easona6ly incurred or paid by the mortgagee becawe oj 11~e jatlure oj tke mortgagor to promptly
and Jully comply with t1~e agreemenfs, sfipujations. conditions and c~ovenanta o~ said note and t~is moMgage. '
or eil6er; to pe?jorm, comply with and abide by ~euch Qnd every tf~e agreementa, slipuIntlons, condittona nnd
covenants set Jorth in said note and tl~ts mortgoge or either. In the even! !he niortgagor ~aijs to pay wlwn
d~ any r~r, assessmenf, insura~c~e premium or other sum o( money payable bq virtue o~ aatd note and fh~a
mortgage, o~ eil~er, fhe mortgagee ~ny ~xiy ehe same, without waivtng or a~~ecting the opfion to forecloas
or any other rigl~t hereunder, and alI such payments shall be~ar inter+c+it /rom date ther+eoj at the btghest Iaw-
(u1 rate then nllou~ed by the laws o~ the State oj Florida.
nny sum o/ money herein re%rred to be not promptlq paid w1tletre ~ays next a~t~
the same becomes due, or ij ~,~h and ei~ery the agreements, stipula~iona, c~onditions and conena~tta oj seid
note and this mortgage, o~ either, are not jully perJormed. compliecl with and abided by, t6en the entiro
sum mentioned in said note, and this mortgage, or the entire 6alance unpaid t?~er~eon, shall /athwith or
tieereajter, at tl~e option oj t1~e mortgagee, 6ecome ~d 6e d~ nnd ~yab[~, nn~+thing in anid note or herein
fo the contrary notwit6standing. Failure by the mortgugee to exer+cise areq of the nighta or opNona heretn
provic~ecl s~a~~ not constitutp a waiuer o~ any rig~ts or options• unde~ sa~d note or t~is mortgage accruecl or
fherea f ter accruing.
~n ~itness ~hereof~ the said mortgagor has hereunto signed nrtd sealed these presents the
c~ay anc~ year f irst ahone u~ritfen.
Signed, ea~ed and elineretl in ! e presence oj:
; 1-
~ - - - - - -
--r1.,~~...~C ~-~_r_.~~.~•.-.----Q~
STATE OF FLORIDA. ~
COU,'~1TY OF ST. LUCIB
I HEREBY CEKTIFY that on this day~ be(ore me, an
officer duly authorized in the State atomsaid and in the County aforesaid to take acktwwledgments, personally appeared
IRA F. TAAXTON and WILLIB J. THAXTON, his wife
to me known to be thc personB deuribed in and who esecuted the foregoinq instrument and they acknowkdged
before me that tt1@y exccuted the same.
WITI\ESS my hand and official seal in thc Gounty and State last aforesaid this 21st• d~y o(
~ MSy A. D. 19 68
i
.~-J.... ._..~5..~.~.~
AQTAAY ?UBLIC. STATE OF FI.OPIDA AT L~p9i
1MY COMMISSIQ~ EXoIRFC NnY 1~. 1971
~°E° i~puw' rw~o w. o~c~ss~Mo~~,
s+~ ~~i~~ .
I~(f'-
: ' ' - ~ FILEO ANO RECOR~Et3?
~ ~';'~;;t.~~~ . ST. IUCIE COUNTY. FI.A:
' ' , RFCORD VER~F{EO
~ ~ 16~'384
~ ~ ~ ~ : '68
; . . ~ MAY 23 P~ 2 : 3e
. r I
^j r', , • -i~c/VJLLI.t~
~
~OGER F'OITR4S
CLERK CIRCUIT COURT
BOOK 1 ~2 PAGE 88
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