HomeMy WebLinkAbout0746 and shall per(orm, comp~y wilh ond a6ide 6r eacl~ and e~~ery t1~e ugreements, ~tlpu~atioM. rnndittona and
canenanls Ihereo~, and o( tl~is mortga9e, tRen Il~is ~nalyage and Ihs e~tnte hero6y created, shall ceas~. d~-
termins and 6e null nn~ voi~I. •
~ the mort9a~or I~pn+by jwthsr covenants and agrsss to pny promptly when due tl~e pri~cipa! and
inte?rsl anc~ ofher sums o~ money provtded ~or tn said nofs and thii mortgaps, or sifher: to pay a~~ and
singu~ur f1~e laxPS, assessments, ~evte~r. Iia6ililies, ob~tgations, and encu~n6m~ces o~ every ~alure on ~oid pro-
perly; to permif, commif or su~~e~ no wnsle, impairmen! or c~eferiowtion of said ~and or the ln~provomenb
I~precn af any lime: fo ~pep fhe 6uildings now or he?ew(f~r on said ~anc~ (u~~y tnsure~~ in a ~um o~ nof ~ess
than
in a company or companies accnpto6le to fhe mortgagee. Ihe policy or poltciea to be I~eld 6y, and pn~ra6lt
to, said mo~lpaype, ond in the evenl any sum o~ money becomes ~~61~ 6y vtrtue o/ such insuranc~ the
mortgagee s{~oll have fl~e ~igl~t to receiiM nnd apply tl~e same to ths i~de6tedness 6ere6y aecund, acrounting
to f{~e morlgagor jor any surpltut: lo pay a~~ costs, ctinrges, and expenaes, tnc~ucjtng ~nwyera ~ees and ttf~e
searcties. ?easonah~y incurre~ or paid by f~e morlgagee ~?ecause oJ ftis ~ni~we o~ t~e ntortgagor fo prompfly
and lu~~y comply u~ill~ II~e agr~ements, sfipu~ations, rnncriftona nnd eovenants o( aatd note and tl~b mortgape.
or eilher: to pe?(wm, eomply u•ith and a6ide by each and every thc? ag~eementt, slipu~afions, condifions and
covenants set Jort~ in said nole and thts mortgage or either. In !{~s event the morlgngor /aila to pay when
due any tax, assessme~f, insurance premtunt or of~e~ sum o~ money pnya6le by vtrlue of satd note and fhia
morfgage, or either, the morfgagee may pay fhe same, withouf wniving or aflecfing fhe option to ~o~ec~ose
or uny othe~ rig6t l~ernunder, and all sucl~ paymenta shnll bear tnterpat jwm dnte tkereo/ at the I~ighest lau~-
~ul ratR ~hen nllowed 6y ~I~p lau~s o/ the Stote oI F~~aa.
~l any sum oJ monPy herein re(e~ to be not prompt~y paid wilhtn thirty day~ next a(t~
t{~e sarne 6pcnmes due, or iJ each und puery ihe agreements, stipulations, eondilions and covenanb o/ said
note and f~is morfgnge, or eittie~, are nof ju~~y per~ormec~, compit~ wif~ and a6tded 6y, I~en t~e enfire
sum mentioned i~ said note, nnd tl~is mortgage, or tl~ e entire bnlance unpoid thereon, shull f
ortl~u~ith o?
tl~erra(ter, af tl?e option oj tl~e mortgagee. 6eoome and be due und pnyab~s, anytl~ing in said note or I~erein
to t1~e contrary notu~i~hslanding. Failure 6y If~e morfgagee fo exerrise any of t~e rig~ts or optfons ~erein
provided sha~~ not conslilute n u~aiuer oj any rig~ls or opfions unc~er said nofe or ttits mo?fgage accruec~ or
f~ereajter acctuing.
~n ~~~Il~ ~IllT[~1~ t{~e said mortgagor I~as I~ereunto signecl und sealed these presents the
cray an~ yPar ~irsf abone ~vritlen.
Signed Ied delinered in the presence oJ:
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~ STATE OF FLORIDA. ~
~ CoL~~r~t oF ST. LUCIE
~ I HEREBY CERTIFY that on this day, be(ore me. an
~ o((icer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowkdsmenn~ p~nonally appeared
~ CARY E. CLEGG and PATRICIA J. CLEGG, his wife,
~ to me krtown to br the perso`n ~ described i~ and who ezecutrd the for~qoinR instrument and ' th@1/ acknowkdRed
~ beforc me that they ~x«~c~a the same.
~ N~17:'~IESS my hand ancf official xal in thc County and Sut~ last atoresaid this 1']~1 day of
~ February A D. ~g 71
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