HomeMy WebLinkAbout1704 anrl shall per(orm, comply ee~i~h and 46ide by each and euery the agreements, sttpulation's, rnnditions nnd
co~~enanls t{~ere~oJ, ar~d oJ Ihis mort~age, t{~pn Ihis mortgage and the estate I~ereby ~ate~1, shall ceare, d~-
fermine an~ ~e nu~l an~~ ~~ui~~. ~
lin~ 1{~P mortga~or ~~ereby ~urlhe~ covenanls and ag?ees !o pay prompl~y when c~ue the principa~ and
inleresl an~ ol~er sunu o~ money provi~ecl ~or in said nole and f{~Is morfgage, or etttier; to pay a~~ nnd
singular the ta.res, assessmenls, lei~ies, liabililies, o6ligations, and encumbmnces oJ every nnture on sntd pro-
perly; fo permil, commif or suf
fer no wasfe, impairment o~ c~eteriorafion of saicj janc~ o~ I~e improvemenb
the~n al any lime; to ~PPP (hp 6uildin~s now o~ l~preajt~r on said Iand /u11y insured in a sum of not tesa
rha?? Maximum Insurable Value
ia a compnny or companies acceptable to the mortgagee, the policy or po[tctes to Ge held 6y, and poyable
to, said morfgagee, and in tl~e event any sum o/ mon~y 6~-omRS payable 6y rirtue o~ such insurnnce the
mortga~ee shall hare tlie right to r~ceit~p and apply Ibe same to Ihe indebtedness here6y secured, accounting
fo the rreoNgo~or for ahy surplus: fo ~ny a« costs. ctinrges, and expenses, inc~uding ~awyer
s jpes and fif~e
searchPS, .p~o»a6ly incurred or pnid by the mo?tgagee 6ecause o~ the Jailure o~ !he mortgagor to promptly
and ~ully comply u~ith Ihe a~reemeiits, stipulalions, conditions nnd covenants oJ said note and ll~is mo~fgage.
or eilher; to pe?(orm, rnmply u?ifh and a6ide 6y earF~ and every !he agreemenls, stipulations, conditions and
covenants sel (orlti in snid note anc~ t~is mortgage or eit~er. /n the event the mortgagor ~nils to pay when
due any tax, assessment, insurance premium or ot~er sum oj money ~yable by ~irtue o~ saic~ no[e anc~ ftiis
morfgage, or eit{ier, t~e mortgagee may pay f~e same. withoul waiving or a~~ecting f~e op~ion to ~oreclose
or any otl~er rigl~t hereuncler, and a[[ surh paymenls shaU hear interest /rom date thereof at ll~e highes! law-
~u~ rate I~en allou~ec~ ~y Ihe ~au~s o/ the State of Floric~a.
iL nny sum of money I~erein re(P~p~ IO be not promptly paic~ wilhin thirty tlays ~nexl a~ter
tllP SA/IlB ~PCOMPS QIlP, Or 1~ eQCIt nnt~ every I~e agreemenls. slipulations, eonditions aRQ couenanta O` SQIO
note nnd tl~is mo~iga~e, or either, are not /u1ly perJormecl, compliecl with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or t{ee entire 6alnnce unpaid tRereon, sholl Jort6witl~ or
therea/ter, at th~ op~ion oJ tl~e mortgngep, becomp and 6e. due and payable, nnylhing in snid riote or herein
fo t~e contrary nolwitl~standing. Fnilurp ~y ttie mortgagee to exercise any of t~e rig~ts or opfion.e ~erein
provi~ec~ s/~a~~ nol conslifule n u~aiver oj any rigtils or options unc~er saicr note or t~is mortgage acerued or
t~erea~t~r accruing.
~n ~~Ul~s ~hereof~ tl~e said morfgagor has I~ereunto signecl and sealed these presents the
day and year (irst abone u~ritten.
Signed, sea~ed qnd deli~d in the p ence oj:
' ~ '~{~L , l.
' ' ' =4..~_`l
~ - -
, ~ - Ernest~-E,---Settle.....----
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•
STATE OF FLORIDA, ~
COUMI'Y OF ST. LUCIE
I HEREBY CERTIFY that on this day. beforc me, an
officer duly authorized in the Statc aforcuid and in the County aforesaid to tak~ acknowledgments, personally appearcd
ERNEST E. SETTLE
to me known to be thc peno~ dexribed i~ and who esecutcd the (oregoinq instrument and he acknowkdged
beforc me that he executed the same.
WI7'NESS my hand and official seal in the County and State last afomaid tbu I.Ot21 day of
December A. D. 19 69. ~
1 °A) . ; ,L, : , l .
ED ~
RECORD _ ~ G~• ; . : ~
Ft~EO AN~ ~ =
5.~. ~V~~E CO~RTF
ED~A' Nota`ry Public - Stafe ~p~ or~d~t ~
REC~R~ , 6 at I~arqe. -
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Y I ~
1,~6~ My commission Expires-;.~'•..,.~`~ -'~'-'J,~,.,
, ro ~ 3 1~ y' 3-9-~z '
69 DE~ - ' • '
c~' . ' .
c
~U1T COUR?'
CLERK ~~R
Tl~a hulru»unt prrpnrcd by:
~1~1~7fl~f B~~K~V1 f~i~r~V~
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