HomeMy WebLinkAbout2078 ond s1~nll J~er/orni, com~~G~ u•ith und aL'ule Ly curh an~l cucr~ tl~c u~;re•cr~~t~uis, s~i~,ulutioiu, conditio??s a?u!
covenants tl~ereo/, and oJ lhis rnort~;u~;e, then this mort;~u~e ~nu! the estu~e l+crehy creuted, s1~a11 cease, de-
iermine and be nul[ and void.
~ the mortbagor here6y further co~;ena~ts a?ul a~;rces to jwy pro~nptly when due the princijwl a?u~
interest anc! other sun~.s of monc~ ~xovuled /or in said note antl d~is 11)pl'~~;QgB, or either; to pay nll an~~
singular the taxes, assessnients, le~ies, liai~ilities, obti~;utio~u, a~ul encumbra~ices o~ cvery iwture on soid prop-
erty; to pern~it. cammit or suBer no u;asfe, in~puirntent or deteriora~ion o/ s~rid la~ul or the improoements
thereon at uny time; to keep the buildin~;s no~u or he~eajter on suu! larul fully insured in a sum of not less
than
in a company or com~xinies acceptable to ti~e mort~;o~ee, i)~e polic~J or policies to 1~e hekl hy, arul payable
to, said mort~;agee, a?ul in the event any s~urn o/ mone y becon~es payaLle Gy virtue o~ sucl~ insurance the
mortgagee shall haoe the ri~;ht to recei~e and apply the same to the indeUtedness hereLy secured, accounting
io the mortga~or for ant/ surplus; io jxi~ aU costs, char~;es, a~ul expenses, including la~cyer's fees arul iitle
searches, reasorwbly incuned or J~atd by the mort~;a~;ee l,ecause of t?ie failure of 11~e mortgagor io promptly
arul fully com~~ty tcith the ngreements, sti~n~lations, co?ulieio~u a?xt couenants of snul note and this mortgage,
or either; to perform, eomf~ly icith and abule Gy cach Qiul ecen~ the a~reements, stipulations, co~ulitioru and
covenanls set forth in saul note and this mort~a~;e or either. 1n the event the mortgagot fails to }wy u~hen
c~ae any tax, assesm~ent, insurance premium or other surn of money payable Gy virtue oj suid note arul this
mortgage, or either, the mortgabee mny Jwy the sume, u~ithout tcaiuin~; or aBeeting tl~e o~tion to foreclose
or any other right hereunder, and nl! such payments shall bear interest frorn date tleereoj ot tlie hiRliest laic~-
ful rate then nllowed by the lau;s of the State o/ Floricla.
any sum of money herein refened to be not ~~romptly paul ~cithin thirty ~Qys ~°N~'
the same l~ecomes due, or if each aru! every the agreements, stipulations, coiulitions a?ul covenants of said
note and t1~is mort~age, or either, are not fuUy perjorn~ed, complied uith a?ul abuled by, then the entire
sum mentioned in said note, and this mort~age, or the entire bnlance unlwid thereon, shull forthw~ith or
N~ereafter, at tl~e o~~tion o/ the mortgaKee, become and be due arut ~w,yal~le, onything in said note or herein
to the contran~ notu;itl~starulin~;. Failure by the mort~;a~;ee to exercise ani~ of the rights or options herein
prouu~ed shall not corutitute a u;aiver of any ri~;l?ts or options uruler saul note or tl~is mortgage aecn~ed or
thereafter aecruing.
~n ~~~f ~ the snic! mortguhor has hereunto si~ned and sealed these presents the
day arul year first ul~oue ~critten.
Signed, sealed arul delivered in the presence of:
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5 STATE OP FLOR[DA, '
Covtv~ oF St. Lucie ~ ;
~ I HEREBY CERTIFY that on this day, 6efore me, an
~ o[&~rr dul~• a~dhnrized in the State aforesaid and in the County aforesaid to take acknow•leclgments, perwnally appeareci
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~ O. C. Petersan and Olive D. Peterson
fo mr ktw~~~ n tu Iw~ IFH• {x•rW~n g~I~~crilx•d in :?nd ~c}H~ r~~Y ote•d tla• FurrLUiuK instrunM~nt und the y a~•~~w'~1Rec1
~
- IK>fure uH• th:~t they ~•~cyutivl thi• .:uni•.
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~ ~tIT\Etiti my haud :?nd ulfici:d K•al in tlm (~~iu~t~ aud tit:~tr lacf nf~~n~.aid thi~ ?t~'1 tiAy of
~ February t~. ?2 . .
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- / lE0 AitO RECOROE~ • • t T.:', ~ :
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r, '1:tue.~~-=~i:a::
=~.4UCIE COUNT1f fl ~ ~ ' , :
IlocEa Po~t~~s
- CtERi~ C~~CUIt COUItT R` ~
` RECORO YER~f1E0.,..~....~
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Y;-~ BO~K ~99 FAGE 2O ! /
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