HomeMy WebLinkAbout1304 nnd shall perJorm, comply will~ and a6Fd. 6y ~h nnd ei~ery tl~e ngreements, stlpulalions, conditiona ond
rni~enants thereoj, nnd of tkis mortgage, then this mortgage aRd the e:tate 1~p.+~6y cnafed, sl~all ceass, de-
termine and be nul! and iwid.
~ the ~no?tgago~ I~en+by ~urll~er i~ovenanfs and agreea to pny prompily when due the principal and
inleresl and of~er sums ol money provided !or in said ~ots and lhis mortgage, o~ eif~er; to pay a~~ and
si~flu~ar the laxes, assessmenfs, ~e~ies, ~tabi~ilies, ob~igations, and encumbrance3 0~ every nature on snid pro-
perly; to permit, rnmmi! ot suJ~er no waste, impairment or deteriomtion o~ said ~nnd or fhe improvements
tl~areon at any fime: to Ire~ep tl~e 6uildinys now o~ I~~rrajte~ on ~aid land )ully insiaed in a aum o~ not Iest
tl~an Twenty Five Thousand and No/ 100
in o company or cY?mpanies accepfab~e to ttie mortgagee. the po~icy o~ po~Icies fo be tie~ by, ond payable
to, said mortgagep, and i~ ll~e event any sum oj money 6ecomes ~yn6l~ 6y virtue o~ such insurance the
I~lOI~9QQPP J~UlI hQl~e fhe rig{~t to receive and apply Il~e aame to fhs inde6tedness he~e6y seceued. accounting
fo !he mortganor (or any swp~u3; fo pay a~~ cosls, charges, nn~ expenses, inc~uc~ing ~awyer i~ees anc~ tit~e
senrrhPS. ~pasonati~y inc~u~ec~ or paid by f~e morfgagee becausa o~ fhe Jai~ure o~ fke morlgugor fo promptly
nnd ~u~~y con~ply wifh fl~e aflreements, slipu~ations, conc~iliona ancr covennnfs o~ saicl note ane~ this mortgnge.
w eifl~~r; to perf
orm, complv with and a6ide 6y eacR nnd enery the agreements, stipulntions, conditions and
corenants set jorfti in said note anc~ this mortgage o~ eif~er. /n the evenf tks mo?fgagor ~ai~s to pay wtien
due any iax, assessment, insurance premium o~ ofher sum o/ money paya6le 6y virfue o~ said note and fkis
mo?fgage, or pilher. 1/~c? morfgagee may pny the sume, wif{~out waiving o~ aJ~ecfing Ihe option to ~orec~ose
or any olhpr right I~ernunder, ancl ajI sucl~ payments sJ~nII 6enr inferest ~rom date tF~ereo~ at the higl~est Iaw-
'!1~ MIP ~IItI1 QIIOU~~ ~V ~AP IAU?3 Of IhP Sta~P Ol FIO~~~4.
i` any sum o( money he?cin rP~errecl to be not promptly poid wilhin 3Q cluys next alter
the same brcomPS due, or iJ each and euery fl~e agreemenls, slipulotions, conditiora and covenanb o~ said
note ond tRis morlgage, or eitl~er, are not ~ully pe~)ormed, c~mplied with nnd abided 6y, tl~en !he entire
sum menlioned in said note, nnd lhis mortgage, or the entii+e balance unpaid thereon, rl~all ~orthmitk or
tl~ereajtPr, at thF option oJ the mortgngee, 6ecome and be due and payable, anything in said note or 1~erein
fo f~e rnnfrary nofu~itl~sfnn~Iing. Fnilure by the mortgagee to exer~cise any of the ritghta w opttons ~erein
pro~~i~~ sha~~ nof rnnslifufP a u~aii~er o~ any ri~~ts or options under said nofp or t~is mortgage accruec~ or
th~r~ f I~r accruinq.
~n ~~~~s ~il~l~~t~ IF~e said mortgaqor has hereunto signed and sealecl these presents the
aa~ an~ v~r (irsl a~iorp u~riften.
S1911P(~. SPAIP~ ond dplinered 1I1 ~~P P?'PSPIICP O~:
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~ ROCER POITRAS
, CIERK CIRCUIT COURT ~
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~ fEe 15 9 s~ AM'~ I
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= 205098
~ STATE OF FL()RiDA, ~
~ COL'NTY OF St. Lucie
~ I HEREBY CERTIFY that on this day, be[on mq an
o(ficer dul~ authori~~d in the Stat~ aforesaid and in the County a[oresaid to tak~ acknowledqm~nts, p~nonally appeared
~ Walter R. Dorsey and Alice R. Dorsey
to me known to be the prrsons d~scribed in and who executed the (orcRoinR instrument and ~ey acknowled~ed
~ betere me that they ~x~cuted the same.
~ N'IT\ESS my hand and o(ticial seal in the County and Stat oresaid this 24th. day o[
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~ F eb rua ry A. D. 19 71
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