HomeMy WebLinkAbout1958 and shall perlorm, comp~y wllh and ob~de by e~h a.~d eoery fhe agreemenfs, ttlpujntiona, conditlans and
eonenants thereoj. and o( If~is mortgage, then this mwtgage and the eatnte ?~emby croafed, shall cease, de-
Jermine and 6e null and aoid.
~!he mortgagor hew6y (urther couenants and agrees to pay promptly whQn due the prtnctpal nnd
interrst and other sums o( money providecj (w in iaid note and thia mo?fgage. or ~ither. fo pay a~~ ar~d
singular Ihe faxes, assessmenfs. ~eUles. Iia6ilities, ob~igafions, and encumGr+nncea o/ e~ery nafurs on said pro-
pe?iy: fo perntlt, commit or auf~er no waste. impairment or detertorafion o~ said +~.~:~d or the improuements
thereon at any lime: to ~eeep the bui~ings now or ~er+eajter on said land /ul~y insue~ in a sum oJ not ~ess
than not applicable
in a company or cc~mpanies aoceptable to the morlgagee, the policp or poltcies to 6e h.W by, and puya6la
to, said morfgagee. an~ in 11?e e~ent any suM of money bei.~omes ~yable 6y vlrfue o~ such ~nsurance the
mortgagee shall ha~e the right to receiue and apply the same to !he i?tdebtedness here6y aecured, nc~ounting
fo t~e mo?Igagor ~or any s~~?~jus: to pay al~ costs, charges, and expenses. Incluc~ing ~au~er s Jees and fif~e
' searches, .~~na6[y incurred or paid 6y the mortgagee becawe oj t{~e faileu+e o/ the mortgagor to promptly
~ and ~ully comply with the agreements, sfipulations, conditions and covenants o/ said nole and tbis mortgage.
' o~ either: to per/orm, comply with ond abide 6y each and every the ngreementa, stipulations, conditiona and
couennnfs set lorlti in snic~ note and l~is mortguge or eit{~e~. ln the event fhe mortgagor (ai~,s to pny when
' due any tax, assessment, insurnnoe premiuM o~ other swn oj monoy paya6le 6y virtue ol snid nale nnd t~is
mortgage, or eitl~er, the mortgagee may pay tF~e snme. wtthout wat~ing or aJjecting the option to joreclose
or any other right hereunder, and all such paymenfs shall 6ear interest from dote theneo~ af the higl~est Iaw-
(ul rate tben ullowecl 6y IRe Iaws oj the State of Florida.
uny surn of money~tierein re(errec~ to be not promptly paid within alays next a(ter
the same becomes due, or ij each and e~ery the agreements, stipu~ations, eonditions and rnuenants of snid
I nole and this mort9nge, or either, are not jully pe.Jormed, complied with and abided 6y, then the entire
sum mentioned in said note, and t1~is ~nortgage, or tl~ e entine balance unpa~d thereon, ahall Jathwith or '
therea(ter, at the optton o~ the mortgagee. beoome and 6e due and payable. unyt~ing in sa~ note or herein
to the contrary nofwil~standing. Fai~ure 6y el~e mortgagee fo exer+cise any of the rights or opttona herefn
prorided sha~~ not consfifute a u?aiver o~ any rig~its or options unc~er said note or t~is mortgage aocruecj or
therea(ter accruing.
,i,~
~ ~n ~~Lll~ Il~t~~ ~ I~e said mortgagor ~as ker+eunto signed and seoled these presenta the
~ day and year (i~st nbove wriNen.
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Signed, sealed and delivered in lF~e presence oJ:
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-----R-u~ - ;._Soreriseri
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t STATE OF FLORIDA~ ~
~ ~ COUNTY OF j~IfgTL~II
~ ~ I HEREBY CERTIFY that on this day, be[ore mq an
officer duly authorized in the Seatr a[oresaid and in the County afomsaid to tak~ acknowledgmenb~ personally appeared
1i John P. Sorensen and Ruth V. Sorensen, his wife,
to me known to b~ the penon 8 described in and who taecuted the (orcgoing instrument and they acknowkdaed
~ ~M before me that {hgy exccuted the same.
~ WITtiESS my hand and officul seal in the County and State last aforcsaid this 9~ day of
~ j` June A. D. 196a. .
I~ .,c.
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~ 'i F1lED AND RECORDEO ~ - - • .
~ :j ST. LUCIE COUNTY. FLA. ~ ~ - ~ . i ~ = • ~
~ f2rt`~?~ `1"F'•'~''~ . _ .
lf 86?24 co~.~.. E ~p :
~ ~'~~'b - ` ~'t;=.'•
~ IZ 9 .
10 PN '
'68 ,fUl. ~
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~ i G"tn OIYR:.S
~ CL~RK CIRCUIT COURT
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0 R
~ 'i aoo~172 P~1949
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