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HomeMy WebLinkAbout2054 ~ and shall perjonr~, comply with and a6tde 6y ~h and ei~ery the agreementa, :tlpulationt, condttiona nnd coi~enanls thereoJ, and o~ t1~is mortgage, Ihen lhis mortgage and the e~tute here6y c?eated, shall cease, de- termine and 6e null and ~~oid. 7U~Il ttie mortgaflor hen+6y f urther covennnts and ag?ees fo puq promplly when dw the princtpnl nnd interest anc~ of{~er sums o( money provtc~ed ~or ~n satd note and f~ia mortgage, or eif~er; to pay a~~ and sinflu~a~ i~e taxes, assessmenta, ~evies, Iin6illtFes, ob~tgalions, and encum6ronce! o~ every nature o~ satd pro- perfy: to perm[f, commit or su~~er no waste, im~sairment or deterio?ntion of sald Iond or the improuemenb I?~ereon at any lime; to leeep the buildings now or I~e?e~fter on said Iand /ully insured in a sum o( not Iesa than - Thirty Five Thousand and No/100 tn a company or companies acceptable to the mortgagee, fhe policy o~ policies to 6e ketd 6y, and payn6le !o, snid mortgnflee, and in Ihe event any sum oj money beeomes ~ya6t~ 6y virtue o/ auck insurance t1~e I?lO~tgQflPA ShQII hal~R lhe rigl~t to ?eceive and npply !he same to !he inde6tedness {~ereby secured, acrounting to the mortga~o~ (or any surp~us: to p~y oll oos~s, chnrges, ond expenses, inc~tuling jnwyer s~ees and Ittle seancl~ps, rrasonably incurr~ or paitl by the mortgagee 6ecause oj t?~e ~ail~u~e oj the mortgagor fo promplly and jully core~ply with fhe a~reeme~its, stipulalions, condetions end covenants oj said note and tkis mortgage. or eifher; fo per~orm, comply wit6 and a6ide 6y eacl~ and euery tl~e agreen~enb, sfipu~afions, conditions nnd conenanfs set (o~fh in said note nnd !{~is morfgage or eiltier. /n the event lhe mortgagor ~atjs to pny when due any lax, assessment, insurancY+ premium o~ othe~ sum oj money payable 6y vi?tue o~ said note and fhia mortgage, or either. 1/~e morfgagee may ~y ehe same, wilhout u~aiving or nJ~ectQng the opfion to ~orec~ose or any other rig6t herpunder, and all suc1~ payments shall bear interest (rom date the?eo~ at the highest law- f ul r~te 11iri~ alloiued 6v t{~p lou?s o~ the Stn1e o/ Florida. il any sum monpy I~erein rp~erred fo 6e not prompt~y paid wit{~in 30 clays nexf a~ter Ihe same 6rcomes due, or i( eac~i and euery the agreemenls, stipu~nfions, conc~ittons and conenanls of aait~ note and tl~is mortgage, or eitRer, ore not (ully perJormed, cymplied u~ith and n6~d~d by, tl~en the enttre sum mentioned in said note, and tl~is mortgage, or tbe entire bnlance unpaid tl~er+eon, s1~aU /ortl~mith or IF~ereajlPr, at the option o{ tl~e mortgagee. 6ecome and 6e due and paya6le, anytl~ing in aaid note or hereia to ~~e contrary notu~ithstnndin~. Failure 6y tl~e mortgogee to exer+cise any of t~e rig~te or opHons ~erein prori~~ s~a~~ not conslit~.le a u~ainar o( any ric~hfs or oplions unc~er sai~ notp or ttiis mortgnge accrued or I~~rnnJl~r ~crruinq. i n~tness ~hereof~ f~p sni~ morfgagor tias f~ereunto signe~ an~ sea~ these presents the ~ay an~ y~ar Jirsf a~~ore u~ritlen. . Signed. IeKI ond tlPli~~ered in the p?rsencp oJ: _ - ~ r , , . ' ~~.c~~,~.~-/ - ' ` " ~ ~ -~-~~-g-----:.:----~=---- - ~ ~ ~ , ~ , . ~ ~ STATE OF FLORIDA, ~ COL'NTY OF St . i,uc ie I HEREBY CERTIFY that on this day. be[ore mq an offi~er duly authori:ed in the Stat~ a(omaid and in the County a(oresaid to tak~ acknowledpjments, pcrsonally appeared Paul R. Higgs and $dna S. Higgs, his Wife to me known to b~ the person d~scribed in a~d who executrd the tor~goinq instrumeot and they acknoMrkdged { before me that they ~x~~uted the same. HITtiESS my hand and official seal in the County and Statc last a(oresaid this 19th. day of `--y---~--'~~- A_ D. 19 7U . 57::;3f~~~~;~ . - . . . ~t,l~s y ~ ~ . , . r l • . f c ~ .Q ~~f'i ~ ' ~j"'"'~"" • ~ ~1 i / ..~f.r. ' , 8 s FILEO AND RECORDEO No ~ ~ ~ ~ }3 ; ST. LUCfE COUNTY ~ ~'K• State af „ l~;~e i ~ . : s- FLA. . • ~ ~ _ - ~ Commis::on Ex • ; 7 " ~ ~ - f.f.~.OFi: b~r~I~t~D ~r -~~cs -.::r. i::3 ~ ' i ~-i~:.P 1~"l s' ~ Qc,d~e !r Aa..:ccn .'r:rc . i 2_. _ . -r Cc. 7\ ~'i ; ~aJI~O~. ~ 3 'T~ MAY I9 PM 2. ~~-~~~7~ :nA`-?~ TP.,•.g i CLERK•CiRC T COt1RT ° R 184 PACE2050. ' BOOK I - I ~ _ _ _ _ _ _ , . . ~ . _ . ~ _ . F_.,_