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HomeMy WebLinkAbout0160 an~ shall perfo~m, comp~y wit{~ an~ n6ide by each and enery fhe agreemenfs, sfipu~ations, condilions a~d conenants thereo~, and o) this mortgage, then this morlgage nnd Ihe estate he?e6y created, si~nll cease, de- lermine and be ~ull and void. ~n~ 1{~e mo?tgac~or /~ererby (urltier covenants anc~ ogrees to pay promplly when due Ihe principal and inlerest ond other sums of money provided Jor in said note and fhis morlgage, or eithe~: fo pay nll und stnnu~ar !he ta.res, assessmenfs, levies. lia6ililies, o6~igations, and encum6rance3 0~ euery natwe on satd pro- perfy; to permit, commit or suf~e~ no waste, impai?ment or deterloration oj said land o~ Ihe improvements thereon at any tim~: to kPpp the 6uilt~ings now or {~erea f fer on ~sai~-land jully insured in a sum o~ not less than • ' in a company or companies accepta6le to the mortgagee, the policy o~ policips to 6e heW 6y, and ~ya6l~ to, said mortga~ee, and in Ihe euent any sum oJ money 6ecomes paya6le 6y virtue o/ such insurance tl~e mortga~PP shall ha~~e Ihe right to receive and apply the aame fo the inde6tedness here6y secu?ed, accounting to t~~e morlga~or ~or anV stirplus: fo pay a~~ costs, charges, and expenses, inc~uding lawyer s Jees an~ title searchps. rPason~6ly incurred or p~~d 6y thp mortga9ee because oj lF~e fnilure oj fhe mortgago~ to promptly nnd f ully comply witl~ the a~reemenls, sfipulalions, conditions nnd cove~ants oJ said note and fl~is mo~lgage. or either; to per/orm, comply with and n6ide 6y eacl~ and every !he ag~eements, stipulations. ~ndtro?u and concnants set (orlh in said nole and tl~is mortgage or either. In fhe event tke morfgago~ fails to pay when due any lax, assessmenl, insurnRCe premium or of~er sum o~ money paya6le 6y virlue o~ said note and t~ts morfgnfle, or eithpr, f~~~ mortgagee may pay f{~e same, wit~out waiving or a~~ecting ftie option to Jorec~ose or any olher riql~f hPrpunder, nnd alI such payments shall 6ear intPrest jrom date fl~ereo) al tlte highest lau~- ~u~ mlr tlu~n allo~ue~1 by thp ~nu~s o~ the Sfnte o) F~orida. ~l any sum of money {~erein ~p(ene~ to 6e nof prompfly paic~ within dnys next a(ter Ihe same b~c-om~s due, or iJ each and ei~ery the ngreements, stipulations. conditions and couenants of snid note and this mort~a~e, or c~ifher, are not ju~ly per)ormed, campliec~ witF~ and a6ided 6y, t~en the entire sum menfioned in said note, and t{~is mortgage, or the enlire baln?tce unpnid tkereon, shall ~orthwitl~ or thereaJtPr, at the option o) the morlgag~e, become and 6e due and paya6le, anytl~ing in said note or heretn to l~e ~onl?nry nolu~ill~st~nding. Failure 6y the mortgagee to exercise any of the rig~fs or options herein pro~~ic~e~ s{~a~~ nof conslitufe a u+ai~~Pr of Ally rl(~~t5 or opfions iinc~er saic~ notv or I~is morfgage accrued or f~~~rrn(I~r accruin,q. ~n ~~ll`~s ~~~e~l~ t{~c~ said mortgagor has hereunfo siqned and sealed fl~ese presents the c~ay on~ y~ar ~irsf a~~one u~riftert. Signe~, sealed and clplinered in the prespnce of : b . -------a~r.~.__~~~-------------~ ~ ; i..~~. . r : . ; . ~ . t i i ~ ~ ~ 3 E i¢ C 4 g STATE OF FLORIDA, ~ ~ COL'NTY nF St. Lucie ~ 1 HEREBY CERTIFY that on this day, before me, an officer duly authoriz~d in the Stat~ aforesaid aad in the County aforesaid to tak~ acknowledqments~ personally appeared ~ Harold A. Cranford and Helen A. Cranford, his wife ~ to me known to be the pcrsor~ described in and who ezecutcd the forcgoin~ instrument and they acknowledged ~ before me that they ~xccuted the same. _ ~~'IT\ESS my hand and of(ecial seal in the County and State last aforesaid this IOth day of ~ November A_ D. 19 69. ~ ~ 1 j i. f,- ~ , . . , ~ ' ....1..~,N:y.~-. __s1.~?~. : .~r~..-_ _ . FILED ANO RECOROED~_ Nur~ar o.._ ST. LUCIE COUNTY. FLA• (,qY CCM; ~j ~C• STA7f OF F! (1pfR~ ~T ~*R~~'. ~ - RE ORO V~R{Ft •ONDED EXPIFtES . _ ~ ~ tHROVaONfRED DeE~= -y. ~~72 . 185691 ~T~~~~,,:. . - '69 N011 I 4 PH I: 3 q ~ 9- 7~ ~ ~ - noct~ ?'OITRAS = CLERK ClRCU1T COURT~ ~ ~ r9 = BooK 181 Pa~E i60 , - . ~ ~r ~ ~ ~ ~ ` _ w~ `w , . - - _ _ _ . _ e _ , . . _ _ c~,~.;~~`~'~