HomeMy WebLinkAbout2692 an~ sha~~ perJornt, comply wif~ an~ ablc~e by ~?ch onc~ ei~ery the agrevmenta, sttpu~afions, rnnditiont artd
co~~enant: Ihereo/, and oJ this mortgage, then tl?ia mwtga9e and ~he eatnts I~ero6y cepated, shaU cenae, de-
lermine and be n~~ll and void. -
~l~ ttiP mortgopor her~r6y f urlhe~ covenanfs and ag?ees fo pay promplly wi?en ~Iue fhe pr~ncipal and
interes! and olher sums oj money p?ovided ~or in :atd note and 11~ts mortgagF, or eilhe~: to pay ull and
aingular t{~e taxes, assessmenls, levtes. Iia6ililies, obligattons, and encum~~rances o/ evc~y nnlure on said pro-
perty; to pe?mil. commi! or suf(e~ no wcute, impairment o~ dete~lurntton of saitl ~and o~ fhe improvemertts ~
lherecn a! any fime: to RPPP ~I16 buildings now or herpa(ter on snid Iand lully tnsw~d ~ii a sum o! not ku i
than hiqhest insurable value
in a compnny or compnnies accepto6le to the mortgagee, lhe ~Iicy o~ policies to he heW 6y, oRd ~xiyab[~
fo, said mortgagee, and in the euent any surrt oj money 6ecornes naya6t~ by virtue b~ sucl~ insurance the
morfgagee shall have the rigkt to Mceiue and apply ll~e same to the indebtedness ~erefiy socw~ed, acrounting +
fo t~e morfga~or (o~ any surpli~.s: fo pay a~~ cosfs, chargea, and expenses, inc~uJing ~awyear's fees anc~ til~e
searches, ?ensona6ly incurrec~ or paid by the morfgagee 6ecauae of t~e (atZure o~ t~e morfgagu~ !o prompl~y
and (ully comply with the agreements, stipulations, conditioru anc~ corenunts o/ said note and tl?is mortgege, ±
or either. !o perJorm, comply with nnd abide by encl~ nnd every the agreemenfi, s~ipu[ations, condiitons und
covenants set lorfh in saic~ note nnd f~is rnortgage or either. ~n t~e euent t~e mortgagor fai~s to pay when
due nny tax, assessment, insurance premium or of~e~ sum oj monr.y paya6le by virtue o/ snid nole ~d ~h~
mortgage, or either, the morf{~agee muy pny l~e same, wit~out woiuing or a~f~*cting fhe opfion to ~orec~ose
or any oiher rigl~t f~ereunder, and alI such payments shall 6ear interes! !rom dnte tl~erc~or at t1~R higF~est Iuw
~ul mte then allowed by Ihe laws o/ the Stn~e oj Florida.
_ ~l any sum o~ money {~erein re~errec~ to be not prompt~y paid wit~in 30 tlays nexf aJter
the same 6ecomes due, or i/ each and every tl~e agreements, sfipul'ations. ~~onditioiu nnd covenants oJ said
note and tl~is mortga~e, or either, are not ~ully perJormed, complied with and a6ided by, then the entire
aum menlioned in said note, and this morlgage, or tl~e entire 6alance unpaid Ihereon, shall ~orthweth or
thereaJter, at the option o/ the mortgagee, br~~ome and be due and payable, anything in said note or herein
to t~e confrary notw~ih:tand~n9. Fa~lu.~ 6y !he morfgagee to pxercise any of f~e righls or oplions ~erPin
provicled sha~~ nof conslilute a waiuer o~ any rig~ts or options under saic~ note or t~is morfgage accrued or
t~erea(ter accruing.
Dn ZV~LII~ ~~Ol~ t{~e sai~ morlgagor f~ns ~ereunlo signecr aru~ sea~ec, f~ese presenis !~e i
~ny anc~ year'irst abone u+ritfen. I
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Signed, sealec~ and del' red in tl~e presence o~: '
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' STATE OF FLORIDA, ~
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s COU:`7'Y OF ST. LUCIE ~
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~ 1 N~REBY CER'TIFY thac on this day. before me. an
~ officer duly authorized in the 5tatc aforesaid and in the County af~nc~i.~ to eak~ acknowlPdgmenu, personally appearcd
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~ ~ GSO~G,S E. MORRIS and MYRTA H. MORRIS, hi~ Wife,
; `~u~t+~1ldtivw,~to be the prrson 3 described i~ and who executed the fur~going instrument and t~]I acknowitdged
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~oyc.u~e.~l~a~J. ~~.~RYacecuted the same.
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' :5~~`!'1+1E6~•+~y ~nd and official seal in the County and Strte last aioresaid this sth day of s
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~dG/CSS THf/ lNnRUl.t6ttT PR~tAAED ar: p. BOOTH. #
VICE PR~S.. ICL35TRAGT ec T{TL~ ~ORP, OF FI. 1.
- t01 i. 2ND ST. FORT P1lRGl, !',,,pi~iri~?
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