HomeMy WebLinkAbout2469 nnd shall p~?jorm, romply with and abide 6y eacl~ and enery tF~e agreemenb, atipulattont, conditions and
co~~enants thereoj, and of this mo~ttiape, 1?~e~ Ihis mwlpa~e and Ihe estate kere6y created, shall cease, de-
IPrmine an~I Lp nuU nntl voi~l.
7in11 f~~p murl~a~~or ~i~n+hy ~urfher covena~~fs ancl agrees fo pay promptly whan clue fhP pri~cipnl and ~
infernsl anc~ ot{~e~ sums of maney proi~i~e~I ~or in sai~ nofe and f~Is morfgage, or either; to pay a~~ ant~
sinf~ular tl~e laxes, assi~ssm~?i1s, IPI~IPS, linbilities, o6li~atio?is, and encumbr~ances o~ euery nature on said pro-
pe?iy; to pprmil. commif or suf~er no u~asfe, impairment o~ deferiomtFo~ o~ saic~ ~and or fhe improvemenls
I?~~rncn nt any lime; lo ~PP~ IhP 6uildin~s nou? or hernajter on said land /ully insured in a sum o/ not less
lhan maximum insurable value thereof
in a compnny or companies QCCP~)IQI~~e to the mo?tgaflee. !he po~icy or po~icies Io be {~eld 6y, a?~d ~ya6le
to, sni~ mort~age~, an~1 in the Qi~enf any sum oJ money 6ecomes payable 6y virtue of suck insu~ance ftie
morfga~~e SItAII hal~P the right to ~lK'PII~P and apply Il~e same fo the indebfedriess here6y secured, aceounting
fo f~~e mortr~Rnor ~or any surp~us: to pay a~~ cosfs, c~~arges, and expenses, inc~uding ~awye~~s ~ees and fit~e
searcties, reasorin~~y incurre~ or ~,~d 6y rhp morfgagee tiecause oJ Ihe ~ai~ure o~ fhe morlga{ior to prompt~y
ancr JuIIy c-omply tuif{~ the agrepmenls, stipu~afions, conditions and eonenants oj said note an~ I~is mortgage.
or eiff~er to per~orm, comply u~i1h and a6icle 6y eacl~ and every ihe agreemenfs, siipu~afions, concjitions and
coi~enanls s~f jorth in sai~ note anc~ t~is mortpage or eiftier. ~n ttie ei~Pnf the mortgagor Jai~.s to pay w~en
due any tax, assessm~nt, insurance prpmium or other sum o~ money paya6~e 6y virfue of saicr note and this
morfgage, or ~il~ipr, ftie morfpagep may pay fhe same, tuilhout wniving or aj~ecting the option to ~orec~ose
or any other rinhf hereunder, and alI such paymenls shall bear interest jrom date thereoJ at t{~e highest law-
f u~ mte ilien aUotoecl by fl~p 1a~ns o~ the State o~ F~orirla.
~l any sum o~ mon~y herein re(erre~ to he not prompt~y paid within thirty days nex! a~fer
fl~e s~mp 6pcom~s due, or if eac{~ and ei~ery II~e agreements, stipulations. conditions and covenanis o) said
nole and tl~is morlna~~e, or pither, are nol Jully per/ormed, complied wifh and a6~ded by, then the entire
sum mentionpd in said nole, and this mortgage, or the entire 6alnnce unpaid thereon, shall jortl~witlt or
Il~ereaJler, af the oplion of tl~e mortgagee. 6ecome and 6e due and puya6le, anyt~ing in sait~ nofe or l~erein
fo Ihe conirary nohuilhslanclinq. Failure ~y !tie mortgagee fo exercise any of fhe rig~ls or options ~erein
proi~iclecl sha~~ not constifute a u~aii~er oJ any righfs or options uncler sai~I note or ttiis mortgnge accrued or
tl~ereaf I~r accruing. 4
~n ~itness ~hereof~ Ihe said mortgngor Il(15 ~PrP!lIIIO S[QRPQ ltfl~ SP~I~ IRt~56 FI!'QS@71IS Ihe '
~ay an~ year ~irst ahove u+ritlen.
Signed. sealed and dplinerecl en Ihe pres~~J:
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tc= - ----~....__.r... . y- .~•e-fY----i9-~ -
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~ Grov~ A. Pow 1
- ----er~.n/G~~. ..G - - - -
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~ Patsy . awell
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i STATE C)F FLORIDA,
~ COL'NTY OF ~
ST. LUCIE
~ I HEREBY CERTIFY that on this day. befon me, an
~ officer duly authorized in the Stat~ aforesaid and in the County atomsaid to tak~ acknowledgments~ personally appeared
d
~ Grover A. Pawell and Patsy J. Powell, his wife,
~ to me known to be the pcrsonS described in and who executed the for~goinq instrument and they a~knowkda~d
~ be(orc me that theyrx«uted the same.
~ K ITNESS my hand and of(icial seal in thc County and Statc last a(oresaid thu o~~ day of
~ ~y A. D. 19 70.
~ i~:+~,ryl~ .
~ : UF~ FILED ~,t3~7 ~ECOnGED
~ ' ,~y ~ ! "TY. r± ----''~~'~j/Y~-------------------- -
: ~ G~' . ~ ..LUC~t CCU..
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g - 'r ; ' - : rr , _ - . N ARY LIC, State of rida
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- ; , Tq ~,'j_; t ~ ~.~3g~~i at Large.
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- " ' .e L~ 26 Pi~ i : 34 My commission expires. ~
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