HomeMy WebLinkAbout2166 ~n~ shall perform, comp~y wilh ond a6~de 6y ~h ond every t~?e agreeatenl:, stipu~utiona, condtttona nnd
conenonts ~hercw/, and o/ this mortgaae, tF~en this mortga9e und Ihe estate ha.+~by c?~eated, shall ceaae, d~-
iermine anc~ 6e nu« an~ ~roic~. -
~n~ !~e morlga~or hen~by (urthe~ covenants and uarees to pay pro~npt~y w~en c~ue fhe principul and
inter~sl and oiher sums oj money proutded ~o~ in snid note and this mortgnge, o~ either; to pay nj~ azd
singular !he ta.res, assessments, levtes, lia6ilities, o6ligatlons, nnd encum6rances oj every nature on said pro-
perly: lo permit, commit o~ suf(er no wasfe, impairmen! o~ deterionation of said ~nnd or the tmprovementa
lherecn at any time: to kppP tl~e 6uilrlinfls nou~ or Re~raJter on said land /ully insured in a sum oj not less
~han the unpaid principal balance due on this mortgaqe
In n company o~ compunies QCCPPIQ~I@ to ihe mortgagee. !he po~icy o~ poltctes to be ~e~ by, nnd paynble
to, said mortQagee, and in the event ony sum o~ money 6ernmes ~ya6l~ 6y uirtue of such insumnce !he
martgagee shall F~ave the right fo rc?ceive and npply the same to tl~e inde6tedness here6y secured, nceounting
fo fhe mortga~or ~or any sttrpliu; fo pay a~l cosfs, ctiarges, and e~cpenses, inc~uc~ing ~nwyer
s~ee= and fit~e
searches, reasonati~y incurre~ or paid 6y tl~e mo?tgagee 6ecause of f~e ~ni~ure o~ Ihe mortgagor to prompf~71
ancl ~u~~y comply wit{~ 1{?e ngreemenls, slipu~ations, conc~ifions ane~ rnvenants oj said note nnd t6is mortgage.
or either; to per~o?m, comply with ared a6ide 6y each and every ll~e ngreements, sfipulntions, condttions and
rn~enanis set f
ortf~ in saic~ note and f~is mwfgage or eithe~. /n fhe event the mortgagor /a~4 ~o ~y w~en
due nny ta.r, assessment, insumnce premium or ot1~e~ sum o) money paya6le 6y vi?tue oj said note and this
mortgage, or eif~ier, i{~e mortgagee may puy t~e snme, withouf wniving or of
fecting the oplion to jorec~ose
or any other ric~ht hereunder, nnd all sucl~ payments shnll bear interest /rom date thereof at the highest law-
(ul rate tl~en allou~~l by ~hp Iau~s oj the State o~ F~orida.
1l any sum of money herein re(e?red fo be not promptly paid within thirty days next nf fe~
the same becomes due, or ij eacl~ nnd euery the agreements, stipulations, conditions and covenants oj said
note anc~ f1~is mortgac~e, or eitl~er, are not ~u~~y per(orntecl, complied wilh nnd abic~ed by, t~en !he entire
sum mentioned in said nofe, and this mortgage, o~ tl~e entir+e bulance unpaid ther+eon, skall forll~witl~ or
lF~ereajter, at tl~o option of the mortgagee. 6ecome and 6e due ond paya6le, anything in said note or 6erein
to f{~e contrary notwilhstanding. Failure 6y the mortgagee to exercise any oj the rig~ils or optio?~s he?ein
provided sha~~ nof conslitute n waiver oJ any rig{~ts or options unc~er saic, note or this morfgage nccrued or
f{~ereajter accruing.
~n ~~lll~s ~~~~1~ the saicl mortgagor has F~ereunto signe~ and sealecl ll~ese presents tl~e
clay nn~ year ~irst above u~ritfen.
Sign d se and delivered in the presencp of :
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~ I~~~in C ~e ~C~c'.~,o,,~/
' Q-(.~_s~.,~~rir,~~----------------------------- - CZ_~~~.~4~X ~ -
~["~tha S . Herndon
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STATE OF FLORIDA. ~
courrrx oF ST. LUCIE
I HEREBY CER'I'IFY that oo this day~ before me, an
of(icer duly authoriud in the State atortsaid and in ehe County aforcsaid w take acknowkdgments~ personally appeared
MARTIN C. HERNDON and MARTHA S. HERNDON, his wife,
to me tnown to be the person3 dcscr'bed in and who e:ecuted the torrgoinq instrument ~athey arknowkd6ed
beforc me that they~K~«a the same.
WI1TiESS my hand and of6cial seal ia the County and State. last atoraaid this ~Y ~
April A. D. 19 7~.
e~...:
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~ Notary ~Publ~~~tate of Florida'--
~ ~~LED ~~tlp ~~~OROED at Large
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