HomeMy WebLinkAbout0371 an~ sha~~ per(o~m, rnmp~y with antr atiide by ~h anc~ enery fhe agreements, eftpulattoni, condttions a?u;
co~~enants thereoJ, and oj Ihis mortgage, t/~en ti~is mortgage and ti~e estale hereby cveated. :h4![ cea.re, de-
termine an~ tie nu~~ an~ ~roic~. ~
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I11~1~ ftip morfga~or hen~by jurt/~er rnvenanla and ag?ees !o pay promplly when due the prtncipal ond ~y
inTe~rs! anc~ ot~er sums of money provi~ec~ ~or in aQid note anc~ f~ls morlgage, or eifher; !o pay aU wuI i
sinQula~ t~e lares, assessrnents, Ievies, liabilitips. obligations, anc~ erecu~branrea o/ every nnture on said pro-
perfy: to permif, commif or su~(er no u,aste, irnpairme~f or c~eleriorniion o~ said land or fhe improvemenit
I/?erecn at any time: to k~p !he 6~ilde~~ga noua or hernn~t~r on said land f ully iruurecl in a sum oJ not less
rhan highest insurable value thereof
in a company or rnmpanies accepla6~e !o Ihe mortgagee, i{~e po~tcy or po~tcies to 6e held by, and paya6le
to, said mortga~ee, and in fl~c• event any sum o~ money 6ecomes ~yable 6y vt~tue oj auch i?~.tura~ce the
mortgagee stia~~ {~ave ihe rig~t to ~eceii~e and apply Ihe same to the inde6tedness I?erebr sec~ugd, aceounting
fo fhe morlga~or ~or nny surpltu: to pay a~~ cosls, c~neges, anc~ expenses, incluc~ing ~nwyer~s lees and tifle
sea?rhes, reasona6ly incu.~l o~ ~~d 6y ~F~p mortgagee becnuse o~ t~e ~nilure o~ l~e maNgnpor to prnrapf~y
and Ju~~p comp~y u~if~ f~e agreemenfs, siipujations, concli(ions and eoc?enants o~ saic~ note anc~ this morfgage.
or eil/~er; lo per(orm, c~omply with are~ abide by each nnd every !he agree~nenls, sltpu~alio?u, conditions anc~
covenants set jort6 in said note and thts mortgage or eilher. In tke e~ent tRe mortgagor /nils to pny when ~
due any tax, assessment, insurance? pre~niurn or otber sum oj money paya6[e 6y virtue of said note and thts
morlgage, or either, I~e morfgagee may ~y ~he same, without wniving or allecting 1he option to ~orec~ose
or any oll~e~ riql~t 6erpunder, and all sucl~ payments shall 6ear tnterest J.nm datg ~hereoj at the I~ighest lnw-
~u~ rnte tl~en a~~otved by tF~p laws of the State oj F~o?itra. -
~l any sum of monpy herein re(e?red lo be not promplly paid within thirty daya nexf a~ter
t{~e saine b~omes due, or i/ each and euery !he agreeme~ts, stipulations. conditions and couenant: oj said
note and this morlgage, or either, are no! jully perJonned, rnmplted wit1~ and ab~ded by, tl~en t1~e entire
sum mentioned in said note, and tl~is mortgage, or the entire balance unpaid thereon, sF~ai[ j~hw~th or
t~ereuf ter, at the opfion o( fhe mortgagee, become Qnd be due und paqable, anyl~ing in said note or herein
fo the contrary nolwifl?stancling. Fnilure 6y tl~e mortgagee !o exercise any o~ t~e righis or opt~ons ~ereln
provi~Iecl shall not constilute a u~aiver o( any rig~fs or opfions unc~er saic~ note w this morfgage accruec~ or
1l~ereaJler accru~n~.
~n ~itness ~hereof~ I~e said morlgngor ~ns hernunfo signecl an~ sealec~ these presenls t~e
c~ay anc~ year Jirsi aboi~e wrilten.
Signec~. sealed and de[inerecl in tlee preserece o):
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_..~~...(.~f._._...--- - - ~ ~ ~
_ Henry . Calhonn
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arg~et Calhat~n
STATE OF FLORIDA. ~
COUNTY OF ST. LUCIE
I HEREBY CERTIFY tiut on thi: day. before me, s~
_ officer du~_authorizPd ~n tf~« '(o..~
~ ~enry O. Calhoun and Margaret Calho~tn, his wife,
~ to mc known to bc the penon g dexribed in and who exccuted the for~goinq instrument and they ~~knowicdBnl
beforc me that t]lgy executed the same. ~
I WI7'NESS my hand anci ofticial xal in the County and Sute last aforaaid this as - day of
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; ~p,~~LTd~y A. D. 19 7 (1. •
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•*Sp RECORDE ~ NOTARY IG, State o orida
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L~~1~ L~U~~ 1~ _F~~~ at Large.
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~ I7»s L,~n~~,rc,rr prepared by: s
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