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HomeMy WebLinkAbout2490 and shall pe?Jorm, comply with and a6ids 6y each and ei~ery the agreemenla, attpulafior~s, conditioru and covenanls Ihereo~, and o( lhta mortgage, tF~en this mwtgage and tl~e eslate F~ere6r created, shnll cease, de- Iermine and be null and iwid. II~A mo?tgagor henrby /urthe~ covenants and agrees to pay promplly when due the principal and infe?est and o11~e~ sums o~ money proviaed ~or in sata note and I~is mortgage, o~ either; to pay al~ ond sinflu~ar !tie laxes, assessments, ~evies, ~ia6i~IfIes, obllgafions, artej encum5ra~celr oj every nature on said pro- perfy: to permil, eommif o~ su~~er no waste. impairment or deleriowfion oJ said ~and or the improoements fl~ereon af any 1imP; to kpep Ihe buildings now or he?rafler o~ said land ~ully insured in a sum o~ not less ihon in a company or companies acceptab~e !o the mortgagee, fhe po~icy or po~icies fo be he~ by, and ~xiya6le to, said mortgs~flec?, nnd tn lf~e e~ent any sum o~ money bernme~ ~,yabl~ 6y virtue oj seich inaurance the mortgagPp shall hane the right to receive and npply tl~e same to the indebtedness F~ere6y secured, nc~.rounting fo t~ie mortgagor ~or any surp~us: to pay a~~ c~osts, ckarges, anel expenses, inc~uding ~awyer s~ees and tit~e searr{~rs. rPasona6ly incurretl or paid by the mortgagee 6ecnuse oj the )uilure o~ tl~e mortgagor to promj?tIr and Ju~~y cor~p~y wilh tf~e aQreeme~its, stipu~ations, conc,itions ancj covenants o~ said note ant~ tl~is mortgoge. or either; to perform, comply witf~ and a6ide 6y each and every ttie agreements, stipulntlons, condittons. and conenanls set forfh in sai~ nofe anc/ this mortgage or either. /n the event fhe morlgago~ ~ai~s fo pay w~en due any ~ax, nssessmpnf, insurance premium or otl~er sum o( money payab~e by virfue of said note and this mortgafle, or eitf~er, 1{~p mortgagee may pay fhe same, wif~out waiving or a~fecting the option fo lorec~ose or any olher riqht ?~erpunder, and all such pnymenls shall 6ear intprest from dnte thereo/ at the hig6est law- (ul m1e Il~rn alloiued bv tl~P lou~s o/ the Stale oj Florida. ~l any sum o~ money I~erein ~e(p?Ted to 6e not promplly paid within thirty days next ajte? IF~e same brcom~s due, or i( eac/~ and enery the agree~nenls, stipu~alions, .conc~itions anc~ conennnts of said note and tl~is mortgage, or cithpr, are not jully pe?formed, cymplied with and a6~ded by, t1~en the entire sum mentioned in said note, and this morlgage, or the entire balance unpaid theneon, a1~aU jorlhwit?~ or 1{~preajlar, at f~iE optian o~ the mortgagee, become and 6e due and puya6le, anyttiing in snicl note or ~e?ein to I~e ~onfrnry nolu~it~~standin~. Failu~e 6y t{~e mortgagee to exercue a?n+ o( f~A rig~ta o~ optioru ~eretn proi~i~~ s{~a~~ nof conslilulp a u+airer oJ any ri~hls or opfions iinder said notp or Itiis mortgage accnied or II~~r~n~t~r accruing. ] ~J. ln ZV~~~s ~hereof~ fhe saic~ morfgngor I~as hereunto signed und spaled tl~ese-presents f~e clav an~ y~ar (irst a~~on~ u+ritten. Slg/1P~. SP ~P~ an~I dP~lI~P~P~ tR ~~P pfPSPflCP OJ: . ' - ' ,I , J ~r~~u ' ' ../r.-7t~.Z:t.l~A.s.....~.G2 /l/Q.p`Y.-•-"--"'------ .q._... ~ . , --------------~.!q~~---40~.~.------..._.....--------------...__ . . ; , ; , ; . , ~ ~ : , ~ 4 ~ ~ I ~ ~ - l - E t ( { ~ STATE UF FLURIDA. COL'NTY OF S t. Luc ie ~ ~ I HEREBY CERTIFY that on this day, befon me, an ~ otfieer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowled,qments~ personally appeued ~ Hubert H. Hurst, Jr. and Patricia J. Hurst, his wife ~ ~ to mc known to be thc persons d~uribed in and who ezecuted the (oreqoinq instrument and t~eY acknowkdged ~ ~ b~(ore me that they cxecuted the same. WITtiESS my hand and official seal in the County and Statc last a(or~said thu 26th day of ~ May A. D. 19 70 ~ ~ ~..e ~ - . FILEO AND RECORDED ~ ST. LUCIE COUNTY. FLA. F?,.~:~1,; at i ~ree ~ .:r. r~~~n, ;~E?t~ i= C l~~tary Pul,lic - Stat~ ~f z ~ 19389`7 ~ . . =::-~tas~cc Comp~1 ; Bnn~led I~c: %t~rn'~ ~ ~ • ~ ~ . l.~: .o 1y73 ; > \I)• Cunnn:. -+uii c.:~nt. _ ~,,:...a.y.a.t ~ ~7~ , ~ j~f Z s Psa z : 3 3 : ` - ~ -G-73 ,~;y•~ ~~±'~:g-~;~ ~ _ w;. . : ~ ~nc, C ~ ' ~'~YO ; ~ :=t~,=~-: ;~o;T s ~ CLERh ~IRCUIT OURT ,~~:"'"rh , ' _ ~ ~ ~ _ 4~ o~~ ;~Q~;;r. : _ ~ %yt:•;~ i~'~ . ~ J` O` '~i, ' ~ ao K18~ PAGE~487 . . . _ ~ . . ~ ~ _ - _ - _ _ _ ~