HomeMy WebLinkAbout1006 nnc~ sha~~ perJwm. cornNly wi11~ an~ a6td~ 6y each and oi~ry t~~ nprtsn~snta. aflpu~ntiona, c~o?tdilions and
cove~ants Iheno~. and o~ fl~i~ eaortgngs. t~en t~b mor~goge nnd 11~~ actat~ I~.n6y r.wad, shau nw~. d~-
termin• and 6s null and iwtd. '
~1ld ~l~s mo.~A~,a h~,by (~hK ~ov4na.~~. ond aAnes to pay promptly wl~en dw th~ prlnctpal and
infensf a~c~ of/~er sums o~ n~o~ex provide~ ~ur in said nofe and t~?it mortpog~. or ettti~r: fo pay n~~ and
stngu~a~ i1~s taxs~, assessm~~fs. Ievfes, IinbilIlies, o6ligations, a?~d s~cu~n6nancs~ of evsry nefure on soid pro-
ps?fy; fo pe?mll, commit w suf~sr no waafe, impairn«n! or dete~iw+atton oj :nrd !~d or th~ 1n~prowmsnta
fherron af any lim~: fo ~pep fhe 6ulldings now or herpojte? on said Iand Ju~~y iniere~ in a au~n o~ nof ~ess
ltian
i~ a ~on+pany or rnn~panies 4ccrplab~e fo Ihe mortgagee, !he po~tcp or po~iciea !0 6. hetd by, and ~r~6b
to, snid moNgagee. cind in ttie euenl any swn o( moner deoomea ~rabl. by ~irfue o~ such insurnnc~ the
mortgagH+ shall I~u~~n tl~e rig6t to receiue nnd appl~ II~e tan~e to fhe indebtedness here6y secu?ed. ncY.~ounting
to the maigano? lor any su?plus: ta puy a~~ .rosfs. c~arges, nnd sxpe~ses. inc~uding ~aw~i ~eas and ttf~a
spun•I:ps, ~rasonably incunad o~ ~~d 6y r~p n~ortgngee 6e~nws oj tl~s jatlurs o( the ~nortgagor eo promptlr
ond jully ~o~~ty wil{~ ttie a~lreemenfs, slipu~ations, c~onc~ifions und e~ovenanfs o{ said ~ote anc~ ftib mortg~s.
or eifti~r; fo per(o~m. ~ontply witl~ and nbie~e 6r eacl~ nnd every the ngnems~ts. ttip~~ationa. condilions nnd
rne~enanfs set (orlh in said nole anc~ t/i[t mo?fgnge or eitl~er. In ~tke ewnt ths n~ortgagor (atla to poy wh~n
dua any tax, assessmPnt, instuance premium or oti~er swn o/ enonep paya6le by virlue o/ said ~ote nnd tl~is
morfgage, or eilher, fhp morfgagep may pay 1he snme, wifkout wnining or a~~ecling fhe option to ~orec~ost
or any o~l~er rigbt I~wwunde~, and nll sucl~ payaee~ls shall 6ear intvrest (rom date tl~ertoj at 1ke I~igkest Inw-
~ul mtr :?~~n allowerl bv thp G~u~s oj 1hP Statp oJ Flo~tda.
any sum o( monpy he?ein re~wr~ to be not pnompf~y pntd wil~i~ t~uTt~I daya ne~ct nf fK
(~e same ~~omc?s c~ue, or i~ eacti an~I every fl~a agreemenls, stipu~ations, conditions and rnwnants ol snicj
notp and Il~is morfgucJe, or eitRpr, are naf jully per/onned, cymplied wifl~ and a6~ded by, tlte~t the enttn
tum n~entione~ in saic~ note, nn~{ t~is mortgage. or t~e entin bn~nnct unpaid fhenon, a~n~~ ~orl~wifti o?
thereajtP?, at thF oplion o/ t1~e rnortgagee, bscome and 6e due and paqa6le, anything in aaid nof~ or I~enin
fo ftip ronlrnry notu~ittisfnn~ing. ~'ai~ure ~Sy ftie morlgagee to exerrise nny o~ !~e rig~ls or options ~~?etn
pnori~e~e~ stia~~ nol conslifutP a u~ai~~r o~ ~ny ri~tifs or opfions uacrer soic~ not~ or Itiis mortgage occrue~ or
ftiPnu~~l~r an~ruing.
~n ~~Lil~ ~~1~ the~ saicr morfgaqor 1~as her+eunto signec~ antl sralee~ tl~ese pnesenls !k~
t~ay an~ y~ar ~irsf Q~I~P U~It~~Ptl.
S19fl~. SPO~ Olld ~PIItrP~ 1/1 I~P pTP3P11CP O': 1I' A
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STATE UF FLORiDA. t
Cov:vn c~F St. Lucie ~
1 HEREBY CERTIFY that on this day~ be[ore me~ aa
~ o((ictr duly authoriz~d in the Statr aforcsaid and in the County afor~s~id to ta4~ acknowkd~qments, penonally appeared
Albert E. Backus
to me known to br the prno~ dcuribtd in and who exKUt~d the for~RoinR instrument and they ~~knowkd~ed
beforc m~ that they ~x~cuted t6c same.
N'IT~iESS my hand and offi~ia) ~eal in thr t:ounty md Stat st a(oresaid this 18~ dar of
J11IIe A. D. 19? 1 ~
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