HomeMy WebLinkAbout2057 und shall perJorm, comply with and a6ide 6y eacl~ and e~~ery the agreements, atipulutiona, condilions nnd
cooenants IF~eraoj, and oj tRis mo~tgage, then th~s mortga9e and tl~e estate hereby crealed, shall ceaie, de-
termine and 6e null and iwid.
the mwfgago? henr6y Jurlhe~ cove~an~r and ngrees to pay promptly wl~en due tke p?incipal and
interest nnd ofl~er sums oJ money proutded f
or tn said note and tl~is mo?tgage. or etthe~: to poy a~~ nnd
sinflu~ar ll~e faxes, assessmenls, ~evies, ~iabi~ifies. ob~ignfions, and encumbrance! oj euery nature on said pro-
perty: to pennit, commif or su~f
e~ no wasfe, impatrment or deferioration o~ :atd bRd or !he improuetnents
thprron at any time: to kaep fhe 6uildings now or hprnajter on said land f uUy Insun~d tn a sum o/ not less
than
tn a com{wny or compa~ies acceptab~e to the morfgagee, fhe po~icy o~ po~icies !o be he~ by, and paya6le
to, said mortgagee, and in Ihe event any sum oJ money 6ecomes paya6le 6y virlue oj such insu?ance tF~e
mortgaflPe shall have 1he right to receive and appTy the snme to the i~de6tedness here6y secwed, accounting
to l~ie Rtortga~or jor any surp~us: to pny aj~ eosfs, c~arpes, and expenses, inc~ucj~ng ~nwye~s jees and itt~e
searctiPS, rPasonati~y inciared or paid 6y the morlgagee because of fhe jatlure o~ the mortgngor fo prompt~r
and (u~~y corrlp~y wif~ f~e a~reemenls, stipu~lions, conclitions nncj covenants o( snid note and this mortgnge,
or either: to perjorm, comply with and abide by each and e~ery fhe ag~eements, stipulafions, conditiona. a~d
co~~enanls set ~orfh in said note and this me?Igage o~ eithe~. In the event the ~r+o?tgagor (ails to pny w1~en
due nny tax, assessment, insurance premium or of/~er sum of money paya6le by virtue o~ soic~ note and thia
mo?tgape, or eilher, I~e morlgagee may pay Itie same, wit{~ou! waiuing or a~jecting t~e option fo foreclose
o? any oiher rigl~t {~prPUnder, and all such paymenls shall 6ear intarest (rom date fhereof at the hig6est Iaw-
~ul role t1u
i~ allowecl 6v Ihp lnu~s oJ fhe Stale o( Flo~ida.
~l any sum o~ money ~erein re(erred to 6Q not promptly paid within thirty days next a~ter
the same 6re~omes due, or if each nnd every the ag~eemenls, slipulntions, condilions and covenanls of said
note and this morlgage. or eilher, are not jully perjornted, cymplied u~ith and a6~ded 6y, ihen the entire
sum menlioned in said note, and ll~is morlgape, or t1?e entir+e balance unpaid tl~ereon, sl~nll /ortkwith or
ll~erenjtpr, at thE option of t1~e mo~tgagee, 6ecome and be due and pn~inble, anything in said note or herein
to fhe contnary nofu~il~~stn~din~. Failure 6y the mortgagee fo exercise any o~ the. rig~ts o~ optiona ~eretn
proi~i~~ s~n~~ nof consiilulp n u~ai~~er of any ri~~ts or options under sait~ nolo or t~is mortgage accruet~ or
Ih~r~a f f~r accruing.
~n ~~~~s ~~~1~ the said mortqagor has f~ereunto signed and sealed these presents tl~e
~aV an~ V~ar +int a~wt~e u~?iftpn.
$ignet~, sea~ed and ~p~i~~eret~ ire tl~e prespnce oJ:
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STATE OF FLORIDA, ~
COL'NTY nF St. Lucie
I HEREBY CERTIFY that on this day. betore me, an
offirer duly authorized in the Stat~ aforcsaid and in the County a(oresaid to takr acknowledqments, personally appeared
Margaret A. King, joined by her husband Jackson L. King aiso known as Lloyd J. King
to me known to b~ the penon s described in and who executrd the (or~qoinq instrument and t~eY acknowkdged
before me that they executed the same.
H'ITNESS my hand and official xal in the Counry and Statc last aforesaid this / L~ day of
M~y A. D_ 19 70
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. „ FII.ED QND RECORDED
_ : x-`-~ ' Not~ry PobGc, Staie of Flwida at Lxge
.4 " .~a = ~ ST. LUCIE COUNTY, FLA.
- c~'r . c: ~ P c r n~ n ?t t~' r(; ~(~a~ission E:pres A~9• 11. 1913
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'ZO MAY ~ c~?
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F`Q~:.F . ~ITR:.S
C~ERK CiR 1T COUR7:
b00K1~~ PACE~JJ
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