HomeMy WebLinkAbout2651 and shali pe~~orm, comply with and aaide by eoch nnd ei~ery the a9reementi, sttpalatioru, ooredtttona and
eonenants tl~e?eo~, and o( t1~is mo?tgage, ehen this mortgage. and tl~e eatate here6y croated, ahall csose, de-
termine and be nuU ond ~wid,
7fILIL f~s moHgagor hewby ~urth~~ covenanes ~d ag~: to pay n,n,»pily when dw ti~s ~n~t~! a,?d
inferesf and othe~ sums of money pro~ided ~or tn said note and t~ia mortgoge. or etthe~: to pay all w~d
singular the faxes, assessrreents, levies. lia61llltes, obltgntiona, and encum6rances oj every nature on snid pro- ~
perly; to perneil, commtf or su~~er no waste, impairment or deleriomtion o~ satd ~and or t~e improvemenb
tber+eon at any lime: to kepp the 6uildinga now or hereaJter on ~a~d t~nd JuIIy insur+ed in n aum oj not less
11~an MAXIMUM INSURABLI3 VALUE '
In a company or rnmpanies accepta6[e to the mortgagee. fhe po~icy o~ po~tdes to 6. heid 6y, a.~d w,yable
to, said mortgagc?c?, and in ihe event any sum o` money Eiecomes paya6[e 6y virtue of such insurance the
mortgagee shall Rave the ~ight to receive and apply the same to the ~ndebtedness hereby aecured, accounting
to t1~e mortga~lor (or any surplus; to pay aU eosta, charges, ancl experuea. incluc~ing ~awyera feei arecl tttle
searehes, reasonab[y incurned or paid by the mo?lgagee becauae oj the fatlure oj the neortgagor to promptlp
and ~ully comply wilh fhe agreemenls, atipu~afions, condittorea and coveaants oj said note and t~is mortgage. ~
or either; to per~orm, c~omply witl~ a?ed abide by eacle and euery the agresments. atipulatiohs, conditiona and
c~ovenants set fortle in said note and tl~ia mortgage or eithe~. In tke event the morlgagor /aila to pay when
due any tux, assessment, insurance premium or other sum of money payable 6y virtue oj said note nnd this
mortgage. or either, fhe morfgagee may pay t~e snme, wifhout waiving or ajjecling the option to (oreclose
o~ any otf~e~ ripht hereunder, nnd all such payments s~wll 6ear intereat (rom date thereoj at the higl~est Inw-
(ul rale then allowed 6y Ihe laws oj tl~e State of Fiwida.
1` any sum oJ money herein re(errec~ to be not prompt~y paicj wittiin th irty days next a~ter
tl~e same 6ecomes due, or i~ eacl~ and every tl~e agreements, stipulntions, condittona and conenants o~ satd
note and this mortgage, or either, are no! jully perJormed, c~omplied witl~ and a6~ded by, tlten the entire~
sum mentioned in said note, and this mortgage, o~ the entir+e balance unpaid t6ereon, s~iall Jorthu~ith or
tl~erea(te~, at the option oJ the mo?tgagee, become and 6e due nnd payable, anything in said note or herein
to the contrary notwithstanding. Failure 6y the mortgagee to exer~ciae uny o( the rigl~ts or optfons heretn
provi~ed s~ia~~ nof consiilute a waiuer o~ any righfs or options uncler saic~ note or t~ia ntortgage accruec~ or
Ih~rea f
fer accruing.
~n ~~u`~ the said mortgagor l~as l~ereunto signed and sealed lhese presenta fhe
cjay an~ year (irst a~ove u•ritten.
Signerl, sea and deIit~ d in tfee pr nce oj:
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G:--- - u ins
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STATE OF FLORID4, ~
COLNTY OF ST. LUCIE
I HEREBY CERTIFY that on thu day, betott me~ aa
of(icer duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowtedgments, personally appeared
DOUGLAS E. MULLINS, joined by his wife, EDITH G. MULLINS
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to me known to b~ the personS drscribcd in and who executed the fongoinq instrument and t~'1@y acknowledged
f before me that they ~x~cuted the same.
N'IT~ESS m}• hand and o((icia! seal in thc Gounty and Statc last aforesaid thu day o(
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April A. D. 19 69
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F1LE0 AND RECORDED .
NOT PUBLIC - STATE G?F''
cT~ L~'~~E COUNT ' ~ '
. y ^nnf, Y. FL~:. AT ~-LARGE :
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1~r1~ ~F r My Commission Expi,E~,~i?~:- j~"
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