HomeMy WebLinkAbout2311 a~d sholl pe~(orm, comply will~ nnd a6ida by each and every tRs agreements, sllpu~ations, conditto?u and
conenanls fF~ereo~, and o/ Il~is mortgage, the~ tf~ts n~wigage and the ettate hero6y c?eated, tl~all cea~~, de-
termine and 6e null and t~oid.
~ 1l~e mwlgagor hen+6y /tuther covenanls and agrosa to pay promplly wken dw Ihe prtncipal and
inlerrsf and othe~ sums o( money provl~Ie~ ~or in aaid note and Ihis mo~fgage, or etttie?: !o pay a~~ and
stn~ular the IAXP~, assessments, ~evtea, Iia6iIllfes, ob~ignlions, and encumbruncel o~ every naluro on saic~ pro-
pe?!y: fo pe~mit, commif o? auj~er no waale, impalrment o? deterto~+otion o~ snid ~and or the t~nprovemenb
the?ron at any Iime: lo kPep the 6uildings now or herPafter on ~nid land Jully ins~uecl tn a sum o) nof less
~han Twenty Five Thousand and No/ 100 DOLLARS
in u company or companies accepta6le to thp morfgagee, the policy o~ pol~cies to 6e I~eld by, and ~yobl.
fo, snid morfgagee, ona in Ihe evenf any sum oJ money 6e?comea r~oya6l~ 6y virtue o~ such insurunce fhe
mortgagPe ~hall I~ai~e tke ~igl~~ 1o rpcei~~e and apply tl~e iame to the inde6tedness I~ere6r secu~d, aeeounttny
fo fhe MoMgagor ~or any surp~us; to pay a~~ cosfs, c~nrges, and expenses. inc~uding ~awper i~est u~d til~
aearc{~~s, rra~ona~.~y incur~rtl or poicl hy the moNgagee because ol f~e ~ai~un o/ the mortgngor fo promptly
nnc~ ~u~~y cor~p~y wilh tl~e a~rpements, stipu~alions, cone~iliant nne~ covennnls o~ snid note nnd I~Is morfgage.
or eif{~er; to perjorm, comply u~if{~ and a6icle by eacl~ and euery the agreements, sfipu~ntions, rn~cjifioru and
cor~nanls sel ~ortti in sa~~ nofe an~ fhis mortgage or eitke~. ln tke svent ttie mortgagor ~ni~.t to pay w~en
due any fax, assessmpnl, instt?ance premium or ottie~ su~n o/ money paya6le by vi?tue o( taIcl nofe and l~~s
mortgafle, or PI~IiPl, fhp morfgagnm m~y pay ftie sume, u~it~out waiving or aj~ecting fhe oplion fo joreclos~
or onv olher right I~ereunc~er, and all such payments shnll 6ear IntP?rst /rom date thereo) at ths I~igl~eat law-
(u~ rafe? f~~~
n a~~ou~e~ {~y ttiP ~nurs o~ f~ie $late o~ F~ori~a.
il any sum o~ monpy tierein rp'PRe~ fo tip not prompt~y paic~ wifhin 3~ c~ays next n~te?
fl~e same brcomPS clue, or ij each and P!•PIy the agreemenl~, stipulntions, condiftoru ant~ covenants o~ suid
note anc~ ftiis mo?Iqagn, or either, are not ~ully performed, nmplied mitlt antl ab~ded 6y, then f~e entire
~um mentionecl in sai~ nofe, anc~ f~is morigage, or ftie entir+e ba~ance unpaid l~ereon, s~a~~ ~ort~wil~ or
thprpaJlpr, at thF option o~ tf~e mortgag~p. 6ecome and be due nnd paya6le, nnytl~ing in said note or henin
fo f/~e rnntrary notu~ilhslandinq. Failure by tl~p mortgagpe fo exerciae ony o~ t~e rig~ts or options ~eratn
prori~vc~ sha~~ not CAIISIIIII~P a u~ainp~ o~ nny ri~~~fs or opfions under saic~ notr or fhis morfgnge accrued or
Iti~r~n~l~r accruing.
~~L~`L?.7 ~IK`L~`~ f~ie sai~ morfgaqor {eas tiereunlo signec~ unc~ sPa~ theae presentt Ihe
~ay an~ y~ar (irsf atio~~p writfen.
S1911~. S QII~ ~P~It~PM 11l ~~p P~PSPfICp 0I: ~ ~ .
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~ N~t 10 ~ ~ M~'11
~ STATE OF FLORIDA, ~ 2 0 5 717
~ COCNTY nF St. Lucie
i HEREBY CERTIFY that on this day, before me, aa
~ officer duiy authorit~d in the Statr a(oresaid and in the County a(or~said to t~k~ acknowledqments~ pcrsonally appeared
~
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~ John L. Lester and Ruth W. Lester, his wife
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~ to mc knuwn to be~ thc prnon d~xribed in and who exccut~d the (or~qoinq instrument and they acknowledsed
~ before me that they f7IKUl!'d the same.
~ W17'tiESS my hand and official seal in thr County and Stat~ last aforesaid this 9t~1. d
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