HomeMy WebLinkAbout1363 and ahall per(orm, c~omply with and a6ide br each and eaery the agreemenb, ~tipulalions, conditions and
covenant: tl~ereoJ. and o~ Ihis mortgage, then thb mortgage and the estnte I~em6r croated, sho!! ceass, de-
termine and be null and i+otd.
~ t~e mortgagor hew6y /urther co~enants and agrees to pay prompt~y wl~en dw tl~s p~ncipul and
interest and ofl~er swns oj moneq provtded ~or in anid note and thtt mortgogs, or sttl~er: to pay aU nnd
alnflu~ar f/~e faxes. assessmenls. ~evies. ~inbi~ities, objtgafions, anc~ encumbr+ancei oj every nntw+e on said pro-
perly; to perm!!, commit or su~j~ no wasle, tmpn~rment or deferior~ation of satd la?~d or t~e improuemertb
tf~e~+eon at any time; fo ~pep the 6uildiags now or heriwjter on .o~d land jully ins~ued in a sum oj ~ot leu
~I~an Fifteen Thousand and No/100
in a company or companies accrpfa6~e to ftie mortgagee, the po~icp or po~icies to 6e h.ld by. and pnya6~e
to. said ~no~lgage~?. and in I~e euent any sune o~ money 6eco~nes ~~6[~ 6y virtue of auc~ insurance !~e
mo.tga8~ shall ha~~e tl~e ?ig1~t to receiue and apply the same to tl~e t~de6tedness here6y securecl, ucc~ounttng
to the mortga~or ~or any aurplus: to pay all cosb, charges, and expenses, including lauryer i/ees and title
searc~ps, raasonahly incuned o~ paid 6y the mortgagee becauss o~ t~e ~~i~ure o~ t~e mortgngor to promptly
nnd ~ully rnrrlply with the aflreemenls, stipujnlFons, ~ond~eto.~ w~d ~o~n~es of said note nnd i~is mortgage.
or eifhcr: to per(o~m, comply wit6 and ab~de 6y euch and every the ngreernenb, stlpu~utions, conditioru. and
corennnts sef forfh in said •note and this mwtgage or either. ln the event t1~e ~natgagor (ai~s to pay when
d~ w~y tax, asaessment, tnsurgnc~e p?emium or ot{?er sum oj rrioney pnpable by virtue o~ anid note and fhis
mortgage. o~ etther, Ihp morfgagec? may pay 1~?e same, without wniuing or af
f
ecting the opiio?t to foreclose
or any oll~er ~tgbt hareunder, nnd all such payments shall 6enr tntFrest jrom date thereoJ at the hig?~es! lam-
(ul mte lh~n ullowed by thp Inu~s o( Ihe State o/ Florida.
any sum o~ money herein rejerred to be not promptly pnid wit~Qn• 30 days next olt~r
I?~e some 6rcomes due, or if eacti ~nd every fhe agreemenfs, atipu~afions, candilions and covenants o~ aai~
note and !?~is mortgage, or eitGpr, ~?e no! (ully per/ormed, osmplied mith and a6~ded 6y, tl~en the enltn
sum mentioned in said no1e, and t~is mortgnge, or tke entire balance unpatd 1he?~eon, ahnll forlhwith or
thereajtpr, at the option o/ tl~e mortgagee, 6ecome and 6e due and payabl~, nnything in said note or F~er+etn
to Ihe conlrory notu~il~1Si(1R~IRg. FntIU1'e bq t/~e neortgagee to exer+cise any of the rtg~fs or options ~ist+ein
prot~i~etl. sI~aII not conslilute a u+aivpr ol any rifl~fs or oplions uru~e~ saic~ notp or t~is ntorfgage accn?ed or
1~~r~~lc~r accruing.
~n ~itness ~hereof~ the saic~ mortqagor tias ~ereunto signec~ ond sea~ t~ese presents the
c~ay an~ yc~a~ (irst a'wne u~ritlen. .
Signecr, se~n~ and ~P~inered in the pr~esence, o): ~v~:1:C.u'/
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~ STATE OF FLORIDA~ ~ i
~ COLTNTY OF St. Lucie ;
~ I HEREBY CER?IFY that on this day, before me~ an ?
officer duly authorized in ¢he Stat~ aforcsaid and in the County atoresaid to take acknowltdqments~ personally appeared
James 8. Peeler and Blsie B. Peeler, his wife
to me known to b~ the person3 deuribed in and who executed the forcgoinq instrument and theq acknowkdged
be(ore me that they ~xMUtcd the same.
N'IT:~ESS my hand and official seal in the County and Statc last id this 7th• day d
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March A. D. 19 70.
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~ ILED A~JD RECORDED ~OTA~r r116UC. tTATE OF ft0Yl0A AT LAP~~ ~
S. LUCIE COIfNTY. FLA. Mlrto~issi~ ~~o1QFC N~1V ~q» S
~T !i,^.~~C'~~ c ~M~EO 7MROUOM PNEA A. OICfTElMO1~f7 ~
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~ 19~963 6~f~R~~,_
~ZO I~~~~~R I 0 PM !2 . 54, ' • ~
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,i7(•: ? t7; ~ f? ~S ~ P~~y`r
= ~'RY. C:RCUIT COUEt't~• p+sa ~ 1~' ,
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