HomeMy WebLinkAbout2081 arul shall pe?forn~, comply icith u~ul uL'ule I~y eu~•h und ecc~r~ the u~;re~cv~ent.s, stiJ~uiations, ronditiu~ts arul •
cot~enants thereoJ, arul o% this u~ort~;a~;e, then this mort~;a~e und tl~e estate ?~ereJ~i~ ~•reated, sllall cease, de-
termine a~u~ 1~e nall arul void.
~ the mortga~or hereby further couerwuts a?ut u~;rees to jwy prvrnptly wl~en due d~e princiNul arut
interest a?ul otl~er sunes oj n?o?~c~ prouicled for in said note oru! t/~is mort~;nge, or eithet; to }wy al1 anct
sir?gular the taxes, assess~uents, leuies, lia6ilities, oGli~;utio?u, atul e?icurnbrances of et~ery nature on suid prop-
erty; to permit, commit or n~Ber no uaste, impairment or deteriorateon of said lund or the improoements
thereon at any time; to keep the buiklin~s now or hereufter on saul larui fully insured in a sum of not less
thun
fn a company or companies occeptable to tl~e morlga~ee, the poltcy or j~olicies to Le held by, arul jwyable
to, saic! mortga~;ee, arul in ti~e event any sum o/ ma~ey beconies payable Gy cirtue of sucl~ ir~,surance the
mortgagee shall have the riKht to receioe arul apply the san~e to the irulebtedness here~y secured, accounting
to the mortgagor for any surplus; to ~wy ol! costs, cl~arges, a?u~ experues, inchuling lawyer's fees arul title
sea~ches, ieasonobly incune~ or paid by the mortga~;ee l~eca~u~e of tl~e /oilure of the mortgagor to promptly
and fully comN[y uith the a~reements, stipu?ations, conditioru arul coue?wnts of suul note aru/ this mortgage,
or either, to perform, comply u:ith and nliule Gy each Qnd eoery the agreeneents, stijxrlations, conciitions nnd
coverwnts set forth in said note aul this mortga~;e or citlier. /n the evcnt the mortgagor fails to pay ichen
due ony tax, asse~sment. insuronce premium or otleer sum o/ mo~~y payable by uirtue of said note and this
mortga~e, or either, the mortgagee may ~ay the same, aYthout ~caiuing or a~eciing !he option to foreclose
or any otlier ri~ht hereunder, and aIl such payments shoU bear interest from date thereof ai t1~e hi~hest la~c-
ful rate then ntloued by the laws of the State of Floricla.
any sum of money herein referred to be noi promptly pau! u;ithin ~rty days neart after
the same l~ecomes due, or if each arul every tlie agreements, stijnelations, conditions nnd covenants of saul
note ond thu mortga~;e, or either, are not /uUy per/ormed, complied u:ith arut abicted by, then the entire
sum mentioned in saul note, a?ul this mortgage, or the entire twlance unpaul thereon, shall forthu;ith rn
therea/ter, at the option of the mortgagee, Gecome nnd be due and jwyable, anything in soid note or herein
to the contrary ratu;ithstarulin~. Failure by the mort~;a~ee to exercise any of the rights or options herein
provuled shall not constitute a uaiver of any rigl~ts or options under said note or tliis mortgage accrued or
tliereafter acen~ing.
~n ~h~Di~ the said mortga~;or has hereunto si~;ned and sealed these presents ihe
day and year fisst aliove ~rritten.
Signed, sealed and delii;ered in the presenee of:
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~ STATE OF F'[.ORIDA, )
~ covH'['Y oF St. Lucie t
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~ j}{EREBY CERTIFY that on this day, before me, an
~ o~~er duly authorizecl in the Slate afon~said and in the County aforesaid to take acknowleclgments, personally appeared ~
F ;
~ O. C. Peterson and Olive D. Peterson i
~ "
~ b? nK• ktN~~~ ti to Ix• tFK• ~x•nnn g~I~~e-rilx•d in :ind Ix~ e•~irutt•d tIN• fun•~uinx imtrunx•nt a~xl they uck?w~~'led~ecl
Ix~(ure ux ~I~:~t t]1 @j/ ~•~~~•uhYl tlx• ~:?uir.
~
~ tYl'T'\F.titi m~- h:u~d and ui&i:d se•:J in tM• ('a~unh and titah• Ix.t :i(urr>aid this 7th elay of
y February 72 ; '
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~ ANp RECORp~o • =
lE0 iE CQUNTY • L - ~ . . s c~ •:da at ~rt~e '~~`''t~: ~
" =T.111C ,~,r-,-~ • v~r.. ,
ItOCER PO~T~E ~ . : . lr.~~q:u~_a Gaenpa!!~J,.~,
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CLERK C~ ~CU1t COURT ~ . . , ~ . 6~ 15~ :3 .
REtORO YER~f1E0~~ . . , . ~
' li 10 ~o ~i!'TZ ~ ` ~ ~ ? . -
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2z3~48 ~
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- BOOK~99 PAGE~~