HomeMy WebLinkAbout2092 and shall per(o~m, comply wtth and a6ide 6y each aad e~~ery the agreements, stlpulalions, conditions and
covenanta lhereo/, and o/ tl~is mortgage, t/~en this morl9age nnd tl~e eatate here6y crealed, shall cewe, de-
fermine and be nul! and void.
the mortgago~ hervby jurlher co~ennnta and ag?eea to pny promptly when due the principal and
interest and oiher sums o~ money provided ~or in said note and fhia mortgage. or pif~er: to pay all and
singular the taxes, assessments. Ievles, lia6ililtes, o6[tgq~~ons, and encum6mnces o~ euery nature on said pro-
perty: to permit, commtt or suf~er no wasfe, impairment or deterioratton o~ said ~and or ftie improvements
theneon af any iime: to keep fhe bui~tngs now or he~a~te~ on said land ~u~~y insu~ in a sum o~ nof ~ess
~?~an Maximum Insurable Value
in a company or compnnies accc?ptnble !o the mortgn9ee, 1he policy or pollctes to be hetd 6y, and pnya6le
to, said mortgagee, and in Ihe event nny sum o/ money becoinea poya6le 6y virtue oj such insurance !he
mor[gagee shnll haue the right to receine and apply the swne to the inde6ledness here6y secured, accounting
to f~e morfgagor lor any surp~us: to pay a~~ c~osts, charges. and expenses. i~c~uding ~awyer s~ees and tit~e
searches, reasonab~y incur?ec~ or paid by t~e mortgagee 6ecause oJ the jailure o~ fhe mortgagor to prompt~y
I and ~ul~y comp~y wifh t1~e agreements, slipujafions, conditions and covenants oJ said note and 16is mortgage.
or either: 1o pe?Jorm, comply witF~ and a6ide 6y each and enery the agreements, stipulations, conditions and
covenants se! (orth in said note and this mortgage o~ eit6er. In fke event the mortgagor jnils to pay wl~en
due any tax, assessment, insurance p?emium or otl~er sum o( money paya6[e 6y virtue oj said note and this
mortgage. o~ either, the mortgagee may rxiy ehe same, withouf wni~ing or al~ecfing the option to Jorec~ose
or any other right hereunde~, und all suc1~ payments shall bear interest ~rom date tl?erro~ at the h~g6est law-
~ul rate then allowecl 6y tl~e la~us o) the State o) Florida.
)L any sum o~ money ?~erein rejerred to be not prompt~y paid witl~in 3~ days next ajter
~ the same becomes due, or if eacl~ and every the agreements, slipulations. conditions and c~ovenanta of said
I note and tl~is mortgage, or either, are not /ully per/ormed, complied with and ab~ded 6y, then the entire
sum menfioned in said note, and this mortgnge, or the entire 6alance unpnid thereon, a1~aU ~orthwith or
tl~erea~ter, at the option o) the morlgagee, become and be d~ ~d payabl~, anqtl~ing in said note or he?ein
to the contrary notwitlutanding. Failure by the mortgagee to exercise any o/ the rights or options I~erein
pro~ided sha~~ not constifute a u.~aive~ o~ any rig~ts or options under snicl note or ttiis mortgage accruec~ or
therea jter acc?uing.
~ ~n fF~e snid morfgapor has herrunto signed and seuled these presents the
t~ay anc~ year ~irsf a6ove trriften.
Signed, s Ied and del' ered in the presence oJ: `
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, . ~ ~~W"i Yiam ~H:"~-Hilson
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ilson
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STATE OF FLORIDA, ~
courrrv oF St . Lucie
I HEREBY- CERTIFY that on thu day, be(ore me, an
of(icer duly authorized in the 5tatr afonsaid and in the' County aforesaid to tak~ acknowledgments, personally appeared ~
I, William H. Hilson and Jack Hilson ~
i to me known to be the person s dcscribed in and who executed the foregoing instrument and tY1ey acknowkdged ~
1~ before me that they exccuted the same. ~
( NITIESS my hand and official seal in thc County and Statc last aforesaid thu ~ day of
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i February A. D. 19C9 t
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NOT Y PUBLIC - . : ' ` 'f :
FILEO AND RECORDED State of Florida at Large i- .
S7. LUCIE COUtJTY. FL~fi. My Commission Expires: ~~i ~i
n' rf?P.C ER1~1~ Q
1'74618 " ~ '
- i, '69 FE6 1 P~a 4:~4 3_ 9_ ~ L ;
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~I ::o~C R~s
i~ . CLERK CIRCUI COURT
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~ 8~~75 ~2089
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