HomeMy WebLinkAbout1409 and sl~al! perJorm, comply wtth nnd abide by each and every ths a9reements, iftpulntions, cond~tions and
eo~~enants thereo~, and oj this mortgags, tl~en ll~is mortgage and fi~e sstnte herebr creafed, s?~al~ ce~we, d~-
iermine and 6e nid! and void.
~ the mortgagor he~vby jtutl~er eouennnls and agrees !o pay promptly when dw fho principal and
inle?es! and other si~ms oj money pronided ~or in aa~d rtote nnd t~is mortgage. or eit~er; fo pay all and
singu~ t1~e laxes, assessments. levies. [ta6~l~i~~, ob~igafians. and encumbrnacea o` everp noture on sai~1 pro-
perfy; to permit, commit or au~Jer no waste. im~xiirment or c~eterioralion o( said ~and or tke improaernenia
ll~pr+eon at any time; to ~eep the buildin s now o~ herraf
ter on snid ~nnd ~ully ins~ued in a aum oJ not iesa
ehan Thirteen Thousand Do~lars ($13,000.00)
in a company o? companies acrepfab~e !o the mortgagee. the po~icy o~ po~Iciea fo be by, ~d ~xiynbb
fo. sata morlgugee, an~ in the euent ony sum o~ money bernmet n~ya6le 6y virfue b~ suck insurance ths
mort9agee shaU have the rtght to ?eceive nnd apply fhe same to tl~e ii?de6feclne~a hereby secure~, aecwunting
to fhe mortga~or /or any surplus: to pay olj costs. cl~aigea. and expenaes, inc~ing ~awyer
s(eea and tif~e
searc~ea. ~easonably incurred or paid by the mortgagee beoause oj the /ot[ure oj the mortgago~ fo prompt~y
ant~ f
u~~y rnmpjy u~it{~ the agreements, stipu~atlons, rnnditFons nnd eouenanta o~ said note anc~ this mortgage.
or eitl?er: to per/wm, comply with and abide by eac6 and every tf~e ogneements, stipulations, eonditions and
coveRanls set /ort/? in snid note und tl?is mwtgage or ei~F~er. ?n tka er~ent ihe mo~igagor fnils to pay when
due nny taar, assessment, instuaaoe premium or other sum oj money paya6ls by viriue of said note nnd t~is
mortgage, or eiftier, t~e moHgagee mny pay 11?e same, wit~aut waiving or a~(ecting f~e optton ta~ ~orec~ose
or any.other right hereu~der, and oll sucl~ payments al~all bea~ interest (rom dnte ther~eof at !he highest 1au*-
(uI ra!c thcn allawad by Ihe lau~s o~ tke State o/ Flo~da.
~l any aum o~ money I~erein re(erred !o be not promptly pnid wifhin thirty cla~rs next a~ter
tRe same bercomes due, or ij each and eue?y tl?e agreements, stipulntions, eonditions and eovennnts oJ said
noee and t6is moregnge, or eithe~, are not jully per/ormed, complied wit1~ and a6~ded 6y, then tbe entiM
sum mentioned in said note, and t{~is mortgage, or tl~e enlire 6a~ance unpaid thereon. :hali /o~ehwi~h or
tl~ereaJter, nt the option o/ ll~e mortgngee, bernme nnd 6e due and paya6le, nnything in said note or herein
to the oonfrnry notwilhstanding. Failure by !he morlgagee to ezeirise any o( f~e rights or options f~erein
proUidea s~a~~ not eonsfilute a waiver oJ aRy rights or opfions unc~er saic~ note or t~is mortgage acc?ued or
t{~eneafter accruing.
~n ~tpl~ ~I~DI~ fl~e said mortgagor has hereuneo signed and sealed !{~ese presents ihe
c~ny an~ yenr jirst abone u~ritten.
' Signec~, s ~ec1 uncl clelivered in the presence of :
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oro ~ y ~ L~itler
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STATE OF FLORIDA,
~ courrrv oF ST. LUCIE
~ I HEREBY CERTIFY that on thi~ day, be[ore me, sn
~ officer duly authorized in the 3tatt aioresaid and in the County afort~sa to taice acknowkdgments, perionatly appeared ~
WIyLIAM J~ CUTLER, .TR. and DOROTHY G. CUTLER, his wife,
to me known to be the penon S dc~cribed in and who executed !ht forcgoinS insuument and ~1@31 acknowkdRed
before me tbat they executed the same.
WI"17VFsSS my band and o([icul seal in the County and State last atoresaid this ~7tt1 day o(
•..TL111C'' A. D. 1~9•
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