HomeMy WebLinkAbout1059 and shall perJorm, comply wi~h and a6id. by e~h o,~d ec~ery 11~e og?~eomenb, attpulatio~is, condittoni and
co~?enants thereo/. and o/ this mort9aAe, then tl~is mortgog~ and t1~s satuto 1?eroby c~at~d, ~hall cbos~, d~-
iermine and 6s null and irotd. ~ -
~ the mortgapor hewby ~urttier covenanfs atd agrees to pay promptly wl~en aw tl~~ prinNpal and
tnte?es! and ol~e~ sun.~ a) money pro~idec~ ~or i~ satd note and ftiis mortgage, or etf~e?; to pay n~~ ond
singu~ar t1~e tares, wsessments. ~eutes. ~tabi~ittes, ob~igafions. ~d .ncum6~e, o~ ev~r nafun on satd pro-
perfy: lo permil, rnmm~i or su~je~ no wnsle. impnlrnie~f or ~efe?ioration o~ :aid land or fks impro~rsmenb
t~e~o~ af any fime; fo Ireep ihe buildings now or herra~tc~ on said ~anc~ ~u~~y i?uu?~ed tn n sum ol not ~esa
~I~a~ Eight T'housand Five Hundred and no/100 ($8, 500. 00)
in o company o~ eompanies acreptn6le to 1he mortgagee, the poltcp o~ poltcies to be heW by, a~d ~ya61~
to, said morlgagee, a~d in the event any sum of money bernmes r,a~bl~ 6y vtrtue b( iuch tnauronce tke
mortgugee sI~aII ltave the right !o recetve and apply the snme to the inde6tedneu here6y securod, acc~ountt~g
to i~e morlga~or ~or nny surplus; to pay a~~ rnsb, chargea, and expenses, inc~uding ~awyer i~eea and tif~e
searcl~es, rensonably incurred o~ paid by the mortgagee becauae o~ tI?e f
ailuro o/ the mortgagor to prontptly
and /u~~p rnmply wif~ f~e ag?eemenls, atipu~afions, condttionr and c~o~enants of saic~ note and t~is mortgage.
or eit{~er; fo pe~orm, comply witk and a6ide 6y each and every t/~e ag?eemenb, stipu~aflons, c~onc~itions anc~
covenants set forfh In said note and this mortgage o~ either. ln t{~e event the mortgagor lai~t io pay when
due nny tax, assessment, insurance premium or oil~er sum o~ money pnya6le by virtue oj said note and tkis
mortgage, or either. f~e morfgagee mny pay t{~e same, witkout wniving o~ al~ecting tl~e oplion to ~orec~ose
or any other right I~erpunder, and all such pnymenls shall bear interpst /rom dnte ihereo~ at tl~e higheat ~aur-
~ul mte fhen allowecl by Ihe laws o~ t?~e Stafe o~ Florida. ~
~l any sum oJ money tierein re(erre~ to 6e not promptly paid urit~in 15 daqa rtext n~lK
the same 6ecomes due, or if each and euery Il~e agreements, stipulations. eondit~oru and oovenants of said
note anc~ t1~is morfgage, or eilher. are not ~u~~y pee~ormet~, oomp~ted wit~ und abided 6y, fhtn the entie+e
:um mentioned in said note, nnd lhis morfgage, or the enlire bn~ance unpaid fhereon. shnU jorll~wftlt or
therea~ter, at t1~e option oj !?~e mortgagee. 6ecome and 6c? due nnd parn6le, anyth~ng in said nole or herein
fo I~e conlrary ~ofwilhstanding_ Failure 6y tF~e morlgagee to exerci~e any oJ the rights or opHons ~erein
prouidec~ sha~~ not constilute a u?aiver o~ any rights or options under saic~ note or this mortgape aceruet~ or
t~ereaJier nccruing.
~n ~itness ~~hereof~ the said mortgagor F~as I~ereunlo signed and sealed these presenis if~e
c~ny anc~ year jirsl ahoi~e u~ritfen.
Signed, sen~ec~ and delii~erec~,in t{~e presence o/:
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Lar ustin
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E geni Austin
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x STATE OF FLORIDA,
~ Coc~~[~v ~F ST. LUCIE
~ I HEREBY CERTIFY that on t6i: day. befon me~ an ~
~ of(ic~r duly authorized in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowkdqmenb, persooally appeared ;
LARRY AUSTIN and EUGENIA AUSTIN, husband and wife, ;
~ to me known to br the prnon S described in and who executed the for~qoinR instrument and t~1@y acknowkdsed
be(orc m~ ehat tYl@y ~xccutcd the same.
~~'I1'1ESS m} hand and of(icial seal in thc County and Sutc fast afor~said this ZOtl'1 dpY of
~ June A. D. l9 69
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; FILED AND OUNTY. F~A. , ~ [ t?
~ ST. IUC~~ ,rc.~~~iFD Nota•v i'~~'.c. 5:~.. ot ~1_.,~a at~t.~rjjr.
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~ CL= RK C:R~U~T COURT
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