HomeMy WebLinkAbout0180 ar~d shall perfo?m. comply witl~ and abids 6y eacl~ nnd e~a~r t~ agr~ementr. sttpu~altoni, c~ond[tiorer a~
c~oaeROnb t~ereof. and ol this nartgags, then this ~nortgage and the situte he.ebr cr+e~oe~d. il~au oaws. c~-
termine and be nuU and void. '
~ the mortgagor hewby /urtl~er covenar~la a~d to ~r p.o~petr wh.n dw il~. ~~t a.~d
inter+est and otl~er au~ns o~ money provtded ~o? in salc~ reole and ll~b morfgage. or eitl~ar: to pay a~~ nru~
stngular !he faxe:. assessments. ~evte~. uabtlitles, obltgaftons. and encumbnancea oj every naluro o~ said pro-
perty; to permit, c~ornrreit or suf
fer no waate~ impairment or deterioration o` satd la.~d or t~~ improdan~enb
thereon ot an~+ Itme; to Ireep tl~e 6ut[dings now or l~er~ajter on aald land ~u~~y insu?ed in 4 sum o~ not ~esa
than ------------------~XIMTAK INSUR~i,BLE VALUE---------------------
in a company or companies acceptable to the mortgagee. tke po~ or po~icies fo be ~e~ by. and payn~le
to. said mortgngee. nnd in t~e event any swn of money bec~omes Pa~6[e 6p ~eue o~ auch insurance tl?e
mo?t9agee sF~all have the rigbt to re~eive and apply the aame to t1~e indebtedness hereby secured, nc~counttr~g
to t6e mortgapor (or any aurp[us; eo ~y ali costs, chargea, and expensea. tncluding ~awye~'s /ees and title
seancf~ea, reasona6ly incuned or paid by the mortgagee becuuse o~ ihe ~ailuro o` flie n~ortgagor to p~~npf~r
nnt~ `ully c~omplq wtth tbe agreements, sftpu~ations. c~ondittona and c+ou+er~anta oj aatcl nolr cnd f~ia ntortgc~t.
or eilhe~: to pe?~orm, ~ply wteh ~d abtde by e~h ~d every l~ee asreemenb, at~pu~ationa. condittons and
covenants set (orth in saFd note and lhia ~nwfgage or eit~er. ln tIu event tl~e mortgagor ~ails to pay when
due aray tax, aasessme~t. inswweos premium or ot/~er sum oi ~on~? ~yyQbl~ 6y ~trt~u oJ sntd note and tkis
mortgage. or eittier. fhe mortgagee may pay fhe same. wit~out waiving o~ a~fecting t{~e optton b~oreclose
or nny otl~er right I~ereunder, and aU auch paymenta shall 6ear intereat /rom date thereo/ at tke highest Iaw-
Jul mle then allowed 6y ehe Iaws oJ the State o/ Ftw,tda.
ll any sun~ o) money herein r+e(e?red to ~ie not pn~mpt~y paid wif~in t~llrty da7rs next ajter
/~ie same becomes due, or i~ eac1~ ancl every t~e agreementa. atipu~ations, aondttions and c~ovenanb o~ said
note and t6is mortgage, or eithe~, are not /ully perfon?~ed, c~omplied with and ab~ded 6r, tlten the entire
sum mentioned in saic~ note. and t?~is mortgage. or the entir+e Iialanoe unpaid t/~eneon. s1wII fwt6with or
thereafter. at the opKon oj t~e nwrtgagee. 6~ome a,d 6e d~ and ~?a6[e. anything in saic~ ?ate or herein
to tTie contrnry notwitlutanding, Failure by ti~e mortgages to exenciae any of the righb or opttons herotn
p,+o~tded s6ol! not eonstitute a wainer oj anq righta or optfona under aaid note or thts mortgage ~e~ or
thereaf
te~ ac~cruing-
~~1`~ ~~~1~ the anid mortgagor has Fier+eunto signed nnd sealed these pnesents the
'c{ay and year jirat above written.
Signed, sen and deli in t nesence oj:
.
, .
- - - - -
_ nd D. Mo is
t~
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----..._....._.._.__....-.--~1
- . .
Shirley . Morris
STATB OF FLORIDA, ~
covlv'nt oF ST. LUCIE
I HEREBY CERTIFY thzt on this day. beforc we, an
ofGce~ duly authorized in the State a[ore:aid and in the County aforesaid to tak~ acknowledgmenq, penonaliq appeared
RAYMOND D. MORRIS and SHIRLLY S. MORRIS, his wife,
~ to me tnown to be the person 8 described in and who executed the [oregoing instrument and they acknowkdsed
berore me chac they ~ecuced the saine. ~
! ~YITNESS my hand and o(ficial sea) in tbe County and 5tate last aforrsaid this 30 ~ da o(
~
i
~ December A. D. 19 fjS.
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