HomeMy WebLinkAbout0148 and ~hall. porlorm. comp~y wifti and abtd~ 6y eac6 nnd e~~rry f~~ agn~mentt, ~ttpu~atloni. condillona ond
cov~ncnls tl~e?eoj, and oJ thts mort9ag~, thsn tl~ta mortga9e and t1~~ ~atat~ 1~.n6y cnat~d, ahnll eew~, d~-
t~?mtne and 6~ null nnd iwid. .
nl{Il ths mortgagor 6en?6y juMl~er cou~nanb ond aAnes to poy prompfly wh~n dut !h~ prinripal and
Inferrst and ot~er iums o~ money provtded jor in inic~ nofe nnd tkU mo?fga8~. or ~tt~K; fo pay c~~ and
singu~ar fhe taxe~r, assessment:, ~eutes. ~iabl~tftea. o6~tgaftons, and encumbnancel o~ ~vsry notun on tekl pro-
perly; to permif, commif or su~~er no wwfe, im~wtrment o? deferiorotion o~ ~atd land or Unprovemenb
fhereon af any time; to ~epep fhe bui~ings now or tierra~ler on aatd land ~ully insured in a ~um o~ nof ~ess
than .
in a company or eompanies aeceptable to f~e mortgagee, the poUcp or po~iciei to 6e ksld by. ~d ~~bl.
to, said mo?tgngee, a?id in tf~e euent any sum oJ money becbmss ~xiya6ls by vt?tue o~ auck i~uurnnct th~
ntortgagPe shall I~une ths right to ?rceive und npply tke ~ane to t1~e tndebledness Fie?~eby iecursd, aecounting
fo fhe mortganor jor any aurplus: fo pay a~~ eoats. chnrges, and expenaes. inc~tu~in8 ~uwyer i(ees and til~t
sear+ctips. ?+nnao~ably incur?e~I or pnid 6p tl~e mortgagee becuuae oj t~t ~ai~ure o~ f~e mortengor to prompt~y
and jully con~ply wifl~ fl~e afl?eements, altpu~nttons, oondttiona and covenanta o/ satd note and t1~L n~ortgag~.
or eith~; to perjorm, comply wtth and a6ide 6y each and every f6e agreemenb, s~ipulntions, conditiwu. and
c~orenants set ~wlh i~ anid note nnd this mortgage or aitl~er. In the ~wnt th~ mortgagor Jdb to pay u~h~n
~ue any tax. assessmenf, insurnnc~e premium or ofher aum oJ moner pa~ra6le 6r virtue o~ said note and t~ta
mortgage, or efthpr, Ihe morfgage~ mny pay the aame, wtthout u~aiving w a~lecttng f~e opfion to fwec~os~,
or anv olf~er right herpunder, and all sach payments s1iaU bear interttt jront date tleereo/ nt the I~igl~est bw-
(ul mfe tl~~~n allowe~l by tl~p Iaws of the Stnte o~ Florida.
l` any sum o~ money herein rn~pn+ed to be not promptly paid within thirty aays next alt~r
fhe some be~omes due, or i~ each anc~ every fhe ag?eemenls, sfipulntions, conditions nrtcl couenants o~ inid
nole and t1~is morlaage, or eitl~er, are no! jully perJorn~ed, cympliad u?itl~ and a6~d~d 6y, then tke eRtlre
ium mentioned in suid note, nnd tl~is n~ortgage, or tl~e entine ba~ance unpnid fher~eon, thau ~orthwitl~ or
t~e?eajt~, af t/~v option o~ tRe mortgagc+e, become and 6e due and pnpable, nnrtl~ing In said note or F~e?rin
fo tl~e ronlrary nofu~ilhstanding. Failure by t1~e rnwlgngee to exencise any o~ ttit rtg~b or optfona /~ee~ein
proa~i~ec~ sha~~ nof conslifulp a u~aii~pr oJ any ri{~~fs o~ opttons uru~er aal~ notp or t~ta morfgage Qceruev~ w
1{~~~I~r ~ccruing.
~n ~1~[[QL~ the said mortpagor /~as hereunto signed and sealed thpte presenta Ihe
day and y~ar jirst aEwne u~riflen.
Si9npcl, sealed and dPli~~ered in tl~ presence oj:
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STATE OF FLURIDA~ ~
CoLNTY oF St. Lucie
I HEREBY CER?IFY that on tl~is day, before me, an
officer duly authorized in the Stat~ aforesaid and in the County a[orcsaid to tak~ ackaowled~m~nts~ personally appeared
Carlis Morgan and Patric ia B. lrbrgan, his wife
to me known to be the pcrson 8 described in and who executed the tor~qang instrument and they acknowkdaed
betore me that they executed the same.
WIT~iESS my .hand and official xal in the County and Statc last a(oresaid this 4tZ1 dar ot
~1dN~¢P A_ D. 19 TO .y ,
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