HomeMy WebLinkAbout2603 nn~ sha~~ per(orm, comply with and a6ide 6y eacl~ and every the agreements, sllpu~ntion's, oondttions ar?d
co~~enants the?eof, and oJ Ihis mortgage, then ll~is mortgage and the e:tate here6y creatad, tl~all cscuv, d~-
lermine and 6e null nnd iaid. •
TiiNL fhe mortgapo~ hereby ~urthe~ covenanfs and agrees to pay promptly when due !hs prtncipal and
inferes! and othe~ sums o/ money prouided /o~ in sntd note and this mortgage, or either: to pay alI and
singu~nr fl~e taxes, assessmenls, ~euies, lia6ililies, ob~Igntions, nnd encumbr+ances of every nafure on satd pro-
perly: fo permFt, rnmmif or sujjer no waafe, impairment o~ c~eteriorntion of snic~ ~and or t~e tmprousmenb
therecn al any time; fo kpep tl~e 6uildings nou~ or I~erru)ter on said Iand jully ~nsured tn a sum oJ no! less
~han its insurable value
in a company or companies accepta6le to II~e mortgagee, the pollcy o~ poltcies 10 6e keld 6y, and paya6le
to, said mortpagee, an~ in Itie even! any sum oj money becomes ~ya6le 6y virtue o1 such inaurance fhe
mortgogee shall have tl~e right to receive and apply the same to ike inde6tednesa here6y secured, aceounttng
to fhe mortga~or ~o~ any s~upliu: io pay a~~ cosls, ctinrges, ancl expe~ses. Inc~uding ~awysrs ~eea and tif~e
searches, reasona6~y incurrecl or pnid 6y fl~e mortgagee becnuse o~ t~e ~ai~ure o~ t~e mortgagor to prompt~y
anc~ (ully comply will~ the ngreements, ltipulations, rnndilions und covenants o/ said note and lhis morigage,
or eilher; fo pe~orm, comply with und a6ide by each end every t1~e agresments, sftpulations, canditiona and
covenants set jo~th in said note nnd this mwtgage o~ eitl~e~. ln tke event the morfgagor J~[~ to ~y wken
due any tax, assessment, insurnnce premium or olhe~ sum o/ money pnya6le 6y virtue of suld note ant~ l~is
mwlgage, or eilhe~. f{~e mortgagee rr~Qy ~y the same, without waivtng or aJ~ecting t~e option to rorec~ose
or any otl~er rig/~t I~ereunder, and alI such payments shall 6ear intere~t jroni dois tl~enw~ at tf~e bigl~est law-
(ul rate then aUowed by the laws oj tl~e State o~ Florida.
~l any sum oJ monpy herein re(erred to 6e not promptly paid witkin thirty doys next n/ter
fhe same 6ecomes due, or i( eac6 and euery 1he agreements, stipulations, condiiions and covenanta oj said
note and t1~is mortgage, or either, are not jully per(ormed, rnmplied witl? and n6tded 6y, then tl~e entire
sum mentioned in said nole, and t1~is morfgage, or the entire balance unpnid thereon, skall )orthwith o~
therea f ter, at tl~e option oJ the mortgagee. 6ecome and be dus and pnya6ie, anylhing in said note or herein
to t~ie confrary notwillistanding. Failure 6y the mortgngee to exer+cise any of the rig~fs or o~t~ons ~erein
prouided shn~~ nof conslifute a waiver of nny rigl~ts or oplions under said note o~ fhis nortgage acrnied or
!{~erea~ter accruing.
~n ~~lll~ ~~D`~ ~he said morlgngor has tiereunto signecl and sealec~ tkese presenis the
day and year ~irst above wriffen.
Signed, sealed nnd delivered in the resence o): ~
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ohri~"~~: ~~~5'tielton
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~ STA'I'E OF FLORIDA. ~
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me. :n
otficer duly authorized in the State aforesaid and in the County aforesaid to uke acknowkdgments, penonally appearcd~
JOHI~T E. SHELTON and DORQTSy J. SHELTON, his wife
to me known to b~ the person described in and who e~cecuted the forcgoing instrument and ~e y acknowkdged
beforc me that t h~ exccuted the ume_
WI7'NESS my hand and ofGcial seal in the County and State last a(oresaid this 27t~'1 day of
May A. D. 19 7
FILED aND. RECORDED~
ST. LUCIE COUt~TY, FLA. ~ ~
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~ '1~ ~'~Y 28 PM 3~2 ~ rty Coimnission Expires: ~
~ 1~3~Ci:~ ~otar ntw~ u~t~ oF ~aaa x u~
MY COMMISSION EXPIRC3 UEC. lir lm
~ "ri! _ :_r. ;-n;-~~S ~01~~ A~ F~ M. ~ ;
CL~RK CIR.CUIT COURT ±
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~ ~AMIP! L BRYAt~ J~ ~ ' ~ Q ' ~ J
~ Thu I,wn~»,cn~ p~eparcd by: ~'•.•.......••-4~.
~ n~a,~ P. 0. sOX 3230 S'?~~~°t``~' ~
A ~ R ~,~r~~~~ :
FL ~1ERC~ FLN, 3345~ BOGK PACE~ OO ~
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