HomeMy WebLinkAbout2626 an~ s{iall p~r~orm, i•om~~~y u~ith and abide 6y each anc~ ei~ery ti?e agreemerits, atipulafions, conditioru and
co~~ennnls th~reo~, and oj lhis mortgaqp, t~en ttiis mwlgage and thP estate here6y creufec~, shall cease, de- ;
tprmine ant~ tie ?iu~~ an~~ roi~.
IZ~~ Ihe mort{~a{~or ~ie?i~6y (urther cover~anls ant~ agrees t~n ~wy prompt~y when clue !he p~inc•ipa~ ond
interesl anc~ ofhpr sums o~ money provi~etJ ~or in sai~ nole and thls morlgage, o~ eit~er; to pay a~~ nnd
aingular IhP tar~s. ass~ssments. Ievips, liabiliti~s, o6li~atio~ia, and encum6rancea o~ every nnture on aaid pro- ~
perty: lo permit. commil or suJ~er no u~asle, impairmenf or delerioration o~ said Iand or tf~e improvemenb ~
f{~Nrrcn af ~~ny lime: fo ~it~Pp I~e hui~c~in{~s now or ~PrE~ajf~r on saic~ ~an~ ~u~~y insure~ in a sum o~ noi ~eu j
~ha~ maximum insurable value j
in a companV or companit•s acc~pta6le to Ihe mortgaAee, the poliry or po~icies to 6e held by, and payabl~ ;
fo, said mort~a,yer, and in fhp ei~ent any sum o~ money 6ecomea ~ya6l~ 6y virtue o~ such i?uurance th~ ~
morlgayvP shal[ ha~.P ihe right to re~-eive and apply Ihe same to the inde6tedness here6y securecl, accountinA
to t{~e morl,ynpor ~or any s~irp~us; fo pay a~~ cosls, charfles, nnd experises, inc~uding ~nwyer~s Jeea and fif~s
searches. ~easonatily inc~urec~ or ~x~i~ tiy the morlgagee because oJ ttie jai~tue o~ f~p morfgagor to prompf~y
anc~ (~~llv <•on~nly u~it1~ Ihe apreemenfs, sfipulations, con~ilions ancl covenanls o~ saic~ note ancr l~is morfguge.
or eif~~Fr; to pt~r~orm, ~•ump~y u~it{~ an~ ahi~~e ~~y eac{~ anc~ every ll~e ngreemenfs, stipu~nlions, condifions ond
covpnanls sef jortf~ in sai~ nofe anc~ lhis mo~tgage or either. ~n fhe PVPRI ~~R morfgagor jai~s fo pay when
c~up any tax, nsspssmpnf. insurancp premium or otl~er sum o) money paya6le 6y t~irtue of snic~ nute nnd tl~is
morfg~ge, or eif~~er, 1{~e mortgaqee may pay !tie same, u~it{~out waii~ing or a(fecling !{~e option to ~orec~ose
or any other rig{~I hereur~der, ant~ al~ such payments s{~a~~ bear interesl (rom c~ote tl~ereo~ at llte ~ig{~est law-
~u~ rate 1{~en a~~ou~ecl by t{~e lau~s o~ the Stale o~ Floric~a.
1l any sum o( mon~v tiprein re(prrc~ lo be not prompf~y paid wilhin 30 daqs next a~le~
tF~p samP 6PCOmes due, or i( eacf~ und ei~pry the agreements, slipulations. conditions and covenants of said
note and this ~reortgac~~•, or eilher, are r~ot /ully perjormed, comp~ied with and a6ided by, tl~en fhe entire
sum mentionpd in said nofe, and tl~is mortgage, or the entire 6alance unpnicl the?eon, a6a~~ (orl6u~ith or ~
thereafter, ol th~ option of tl?e mortgagee, bpcome nnd 6p due and payab~e, anyt{~ing in saicl note or herein ~
" to tf~e conlrary notu~it{~stan~ing. f=ai~ure by thp mortpagee to exercise anq of !he rig~ts or optlons ~erein ~
` provi~e~ sha~~ nof constifute a u~ainPr of ony rig{~ts or opfions under sai~ note or this mortgage nccru~ or ~
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~ f~erea~t~r nccruing. :
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~n ~itness ~hereof~ tf~e saic~ mortgnyor has 1~ rPUnto signec~ anc~ SPQ~P~ I~PiC P~eSPt1~3 the '
a c~ay an~~ yenr Jirsf a~~ore ioriff~n.
Sl9?1P~. SPQIP~ A/l~ IIPIIi'P~PA l?1 I~P PfP5PI1CP O~:
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Nta jo e M: El~s~on.
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STATF. OF FLc)RIDA, C
- I C~~t'~~~ti' c~F ST. LUCIE ~
I f~EREBY C:ERTIFY that on this day, before me, an
~ I offii rr ~:ulti~ ~uthuricc<l in th~ Stat~ afuresaid and in th~ C:ount~• aforesaid to tak~ arknowled¢ments, p~nonally appeated
~ WALTER E. ELSTON and MARJORIE M. ELSTON, his wi fe
~ to nt~~ known to tx th~• W rwn s d~u ribrd in and who P\PCL(f(~ th~ for~~oinQ instrum~nt and they acknowkdgcd ~
~ brf~~rr tn~ Ihat they ~x~c utcd th~ s.?mc ~
't~; ~~1~1\F,Sti m~ hand and offiria! sral in th~• (:uunh .~nd Statr last afurtsaid this lst d~y o~ .
- Novembe r n. ~ Q 71 ~ ~
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' ~~Y' Lt'' ~EXPlRf_S AUG. 6. 1975
' i GENERAL INSURANCE UNDERWRITER8. ~NC~
~ ftl~.~ J~ND RECOR~E1
St.l11Ci£ COdMh r ~ ;
- ROCf R POtTllt~s ,
CLEAK Ctr~CWT ~T ~1
- ~CapO tlERlfffO~.~---~'. j
- ~ ~ a 3r~n+~1i
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. 218~ ~
77i~; Irt~~nnrrrn~ ~rr f~~~n~,l hy: +
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ao~K 196 PACE~~ ~
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