HomeMy WebLinkAbout0034 and iha!! pe?jorm. comp~y u?ifl~ nnd a61d~ 6r eacl~ ond e~~ery f~s ngnemtnls, itlpu~aNona. cond~tiona a?~
coi~enantt tl?e?eo~, and o/ tl~is n~ortgag~, then Il~is ~~o?tgage and tl~~ eatats 1~.~.6y cn4ted, al~all cYOi~, d~-
tt?mine and 6~ null and iwid.
7ti1~ ttie mo?tgagor I~ew6y f
uMhsr c~ovenanta and ageyes to pny prompily wkon dw !h~ pri~cipal and
inferesf and ofl~er .swns oj money proutded jor in anld not~ nnd t~ta moNgog~, or ~ither: fo poy nt~ u?~
sinflu~a~ !tie laxes, assessmenls. ~evies, Ita6~Ilitsi, ob~igafions, and encumb~+anc~et oj every nafun on ~cld pro-
peHy: to permit, eommit w auf~er ho wasfe, impwtnr~ent or dstKiaafion o~ s4id land or the intprow~nenb
t?1PMOfl OI any lime; fo ~r~p tl~e but~ings now or he~fter on satd ~and Ju[ly t~scu+ed in a swn o~ reot ~eu
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in u company o~ cornpnnies acreptnb~e to t~e mortgages, the po~lcp or policies fo be ~e~ by, ar~d ~~xibb
fo, saic~ mortgage~?. ar}eJ tn !he euent any swn o~ money becomea pa~6[e 6y virlue of suc~ iruuronp !~e
niortgag~? shall ha~~ tl~e rlght to receivs and apply tke ~ante to the inde6tedness hero6y secured, aocounti?~g
to !he mortgagor for nny surp~us; fo poy a~~ eosts, cha~ges, nnd expe?uos, inc~uding ~au~yers jesi and ttt~t
searcl~PS. ?ra~sonably incunr~l or poid 6y tl~e moHgagee becnwe of t~e~ (ai~ure o~ lhs mortgagor to prompl~y
nnd ~ully c~o~ply witl~ the ugreeme~tts, stipulaliorts, conditiont nnd couenanls oj satd note and th4 mortenpe.
or eilher; to perJorm, c~omply with rtnd a6ide 6y euc1~ und every the aAree~nents, stipulattons, condttioni. and
c~orenanfs set (orlh In said note and t1~is mwtguge or eifher. /n the enent t~~ mortgagor /aijs to pay wl~en
due any fax, assessmenf, insuranc~e premium or of~er sum o( money papab[e by vtrtue o/ said note and thti
mwtgQge, o~ pit~er, ihe mor(gagee may pay the. same, wft~out u~aivtng or a~(ecting t~s option to ~orac~aae
or ony otl~er rigl~t he?runde~, ancl aII sucli payments shal~ bear int~rreat jroi?re da~e thei+eoJ at tl~a biehest law-
' ~u[ mte tl~.~n allowerl by tl~P Irro?s o/ t1~e State oJ Florlda.
nny sum o~ money f~erein re(errrc~ to fie not promptly pa~ wifhiae thllcty t~ays nsxt a~ttr
; fhe same bre~omes ~/ue, or if each nnd every t1~e agr+eemerits, sfipalntloru, c~ondttlor~s and cnve~anb oj aafd
; ~ote und t~iis mo~tgaqe, or eithpr, are not jully per(orneed, cy~eplied u~itl~ and a6ided by, t/~en the enttre -
sum mantionec~ in aaic~ note, and t/~is mortgagA, or fI~ e enfin~ 6a~anca unpaid tl~erron. il~aQ jortl~u~it1~ or
lherea~lPr. at t1~e opllon o~ Il~e mortgagoe, bernme ~d b. due ~d ~xiya61~, a~ything in tntd rtol~ or I~ereln
to fhe confrary notwilhstanding. Fnilure 6y the mo?tgagee to exe~+cite nny of t~e riights or opKona ~eretn
proi~iclpcl stia~~ nof conslilufp a u~oirar o~ ~ny rifl~fs o~ opfions under said note o? l~ta mortgags accnu~ or
~ I~PMn(I~r ~ccruing.
, ~n ~i111~ ~~Q`~ t~e saic~ ~reortgagor hns hereunto signed and spuled ll~pse presents the
day and yc~ar (irst abone u•rillen.
- Sign~, sealed ond dPlinered in the prrsence oJ:
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STATE OP FWRIDA, ~
COL:~ITY oF St. Lucie
I NEREBY CERTIFY that on t6is dar, be[ore a?e~ an
ot(icer duly authoriied in the Stat~ aforesaid _ and in the County atoreuid to takc ackaowkd~menb, penonally appeared
Coyl A. Browning and BWelyn P. Browaing, his wife
to me known to be the person8 descnbed in and who executed the [orcgoint instrument and they ackrawkdsed
before me that ttlejl executed the samr.
WITtiESS my hand and otCcial seal in the County and Statc last aforesaid this $QtjZ d~y o[
OCtobCr A. D. 19 70
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