HomeMy WebLinkAbout1710 and shall perforn~, con~ply ~citl~ u?xl ubule 1~~ i•uch qn~l ev~~ry tl~e u~re~e»+cnfs, stiJ~ulatior~,s, co?ulitioi~,s and
covenants tl~ereo/, arul o/ lhis uiorl~;ake, then this morl~u~e a~u! tl,e estate. herehy created, shall cecue, de-
termine and be null anct coid.
• ~ the moHgaaor l~ereby further coverwnts a~ul o~rees to puy promptly ivhen due the Nrincipal and
interest and other sums of money provKled /or in said note aru! tl~is ~no?t~;age, or eidier; fa pay all ~~u~
singular ihe taxes, assessments, leuies, liabilities, obli~atio~~.s. und enctunl~rances of eve?y nature on suu! proj~-
erty; to pern~it, commit or su~er no u;aste, impairnient or deterioration of said larul or the improuements
thereon at any time; to keep the builclings noio or hereo/ter on saul larul fully i~uured in a sum of not less
ihan
in a company or companies acceptable to fhe mortga~;ee, the poiicy ar ~wlicies to be. held by, arui paynble
to, said mortbogee, and in the event any nun of maiey Gecou~es jwyable Gy virtue of such i?uy~rance t)~e
mortgagee shall l~aue the right to receive uncl apply the same to the irulebiedness hereGy secured, accounting
to the mortgagor for any surplus; io pay al! casts, char~;es, arul experues, including la~~yer's fees und title
searches, reaso~wbty i,zcurred or paid by ihe morf~a~ee I,ecause of the failure of the mortgagor to promptly
and fully compty ~eith ihe a~reements, sti~ndatior~.s, corulitio?u anct coe~eriants of said note a?ul this mortgage,
or either, to Ner/orm, comply uith and obide by each and eoery the oKreements, stiNulations, conditions and
covenants set fortls in said note a?ut thrs mort~age or either. In Nie eocnt tlie mortgagor fails to pay when
due any tax, ussessment, insurance premium or othet sum of money ~ayable by virtue of said note and this
mortga~e, ar either, the mortgagee irwy pay the same, u~ithout icaicin~ or oBecting the option to foreclose
o? any othe? right hereuncler, arul o!I such poyments sl~all bear interest fro?n dote thereof nt tiue highest lau:-
ful rate then albu:ed by the laws of ihe Stnte of Floricta
any sum o/ money herein referred to be noi ~~romptly jwict icithin thirty days next after
fhe same becomes due, or ij each a?ul every the agreements, stipulatior~.s, co~ulitior+s a?ul cooerwnts of said
note anrl this mort~;o~e, or either, ore not fuUy performed, complied icith aru! abided by, then the entire
sum mentioned in said note, n?ul this mortgage, or the entire lialancc un~wicl thereon, shalt forthwtith or
ihereofter, at tlie option o~ the mortgagee, 6ecome and Ge due arul paya~i~e, anything in said note or herein
to the contrary notu;ithstanding. Failure Gy the mortgogee to exercise any of the righ~s or options herein
Nroouled shall not constitute a uaiver o/ any riglits or optio?u uruler saicl note or this mortgage ocen~ed or
thereaf ter accruing.
~n ~1~[~[~`~ the said mortga~or has hereunto si~;necl and sealed these presents tHe
day and year first above u'ritten.
Signed, sealed and deJiuered in the J~resence of:
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~ STATE OF FLORIDA,
~ coux'rl oF St. Lucie ~
~ I HEREBY CERTIFY that on this day, before me, an
~ o~cer duly authorized in the SG?te aforrsaid arxl in the County aforesaid to take acknow~ledgments, personaliy appeared
~ Herman F. Young and Esther L. Young
~ to nx• k~Nnrn tu Ix• f}x• ~x•rum s d~~•rilx~tl in :~ml ~cFN~ ~•~iY•uti•d llu• Fun•t;uinK in.tninN•nt :unl they acktw~vledRecl
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~ Ix•fon• me th:+t they i•\lY'l1IlYI ~Ill• .:u~w•.
~ \~'IT\Etiti iny hand :tnd ol(icial x:d in tht~ Cuunt~ :u~~l til:dr I:t.t :?fnrc~:ud thi~ 9th day' of
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Februar A~ 72
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=~.lUC1E COUNiY f -
' ROCE~ P011RAS
CLERK CSRCUtT CW11T ~ ~ l- G' 73
~j RfCORO YERtF1E0
N:a ~ l0 3 09 PM'71
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zz36ss ~ ~ 199 P~~1709
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