HomeMy WebLinkAbout1407 and shall perform, comply with a~~d a6~d. by ~1~ and every ihe agreements, attpululloni, co~ditIons and
co~~enants thp~poJ. and o~ this mort~as~e, fl~en this mortAa9e nnd the estats here6r created, s1~all cpws, ds-
fe?mine and 6e null and iwid.
~ fhe mo~tga~or hp~v6y ~urll~er covenants and agrees to pay promptly wken dw the pri~ctpal and
interesl anc~ of~er sums o~ monpy provi~ec~ for 1n said note anc~ thL morfgnge, or eif~e?; to pny al~ ant~
stngular t1~e taxes, assessmenls, levies, lln6ilifies, o6ltgations. nnd encum6?nnees oj every naturo o~ said pro-
perly; to permit. commit or sulfer no wasfe, In~pairment or cjeferio~+atFon o~ sald ~and or the tmprowmenb
tl~e~rcn at any time: to ~repp the 6uildings nou~ o~ 6e?PaJter on said land /ully tnswec~ in a sum o( not les.~
lhan Sixteen Thousand and no/100- - - - - - - - w - - - - - - - - '
tn a company or rnmpanies occrpla6le to the morlgagee, the poltcy o~ policies to 6e held 6y, and ~~6b
to, snid mortgagee~, and in fhA ere~l any swn o~ money becomes ~ya61e 6y nirtus bf suc~ insurnnce t~s
mortgogee sl~all I~ave the riaht to receive and apply Ihe snme to the ir~de6tedness kereby secund, ac~counting
fo I~e morlga{~or ~or nny swp~us: to pay a~~ cosfs, chn?ges, and expenses, inc~utjtng ~aw~?ers fees and tit~e
searrhes, rnasona6ly inc~ured o~ pnid 6y the mortgagee because o~ the failure o~ fhe mwtgagor to promptlr
and ~ully comply wi!{~ I~e ag?eemenls, sfipu~alions, conditions and covenants oj s~d ~ote ~d il~t, ,no.~9~..
or eil~~er; to per~orm, c~omply u~itl~ and a6ic~e by eacl~ oncl euery I~e ogree~ne~ts. stipu~aftona, c~orttjif~ons artd
covenants set (orth in said note and this mwigage or eittier. ~n t~e event !he ntorfgagor jai~,t to pay when
due any tax, assessmenf, insurance premium or oftie~ ~um o~ money paya6le by virtue oj said note anc~ fhia
mortgage, or eil~~er, t/~e mortgagee may pay f~e same, without u~atving ar ajjecting ttie opfion to ~orec~ose
or any olher ri,ryl~t I~erpun~er, antl aII sucl~ payments shaU bear interest ~rom date thereoj at the highest Iaw-
(ul rale Il~en allou~ecl by Il~e lau~s o/ the State o~ Floridn.
7l ~ny sum o~ money tierein re(prrea to ~ie not prompt~y paid withtn f ive daps next ajter
the samp 6pc-omes due, or iJ each and every ~he agreements, stipulcdio~s, conditiona and oovenanb o/ said
nofe an~ fhis morfgage, or eif/~er, are not ~ully pe~lormed, comp~ied wit~ and a6td~d 6y, t~en t~e enlir+s
sum mentioned in said nole, nncl fhis mortgoge, or the entire balance unpaid tkereon, s1~all /oNRwitl~ or
tl~erea/ter, at the opfion oj the mortgagee. 6ecome and be deu nnd pnyable, anything in said note or 6erein
fo Itie contr~ary notu~i!{~slanding. Failu~e 6y tl~e mortgagee fo exer+cise any o( fke rtghts or opNoru /~e?etn
proi~icled s/~a~~ nof conslitufe a waii~er oJ any rig{~fs or opteons under saie~ note or fkis mortgage nccrued or
f~erea~l~r acc?uing:
~n 1V~1~ ~IKI[~`~ Ihp snic~ morlgagor tins tierrunto signe~ nncr sea~ecr I~ese presents t~e
~ay an~ year ~i?sf above u~ritlen.
Sigwe~, sealed and delivered in t6p presence of ~
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L~`G .~(~;.s~ _1....
-%'S~- E~ G C
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' Louise J..
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STATE OF FL()RIDA~ ~
COGITY OF St. Lucie.
I HEREBY CERTIFY tl'ut on this dar. before me, sn
ot(ic~r dulp authorized in the Stat~ aforesaid and in ~the County afor~said to uk~ acknowkdgments, penonally appeared
ELLIS G. COOK and LO[JISE J. COOK, his wife,
to me known to Fx the prrson$ described in and who executed the fongoi~ inserument and they ~~k~O~"~~
beforc rne that they~xecuted the s~mt.
~~'17~~iESS my hand and o(Gciat seal in th~ C:ounty and Sute last aforesaid this 9th day ot
September a. n. ~9 7i. ~
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~ F~~~~ ~Kp RECOR~EO ~ Notary~ c State o~ Florida .
~ st.~uc~c ~~uwrr F~~- at Larg~~
itCGi ~1 PJ~TftAS
CIR~ E EO COIIRT o?G
RECa My Commission Expires : / ~
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Ailc/mct sPENCER B. GILBERT~ Attaney ~t Law ~~~~~'~~o~iti
i. ~~D STit~ET~ FT. l~EIOCE ftJ? 3i~0
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