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HomeMy WebLinkAbout0316 and shall pe~Jorm, comply wifh and a6ide by each and ei~ery the agreements. ~ttpulolioris, conditio~s and conenunts Ihereoj. and oJ tf~is mortgape, then fhis mortpnge a~d the estate hereby createcl. ai?all ceaae, ds- ~ termine ar~d be null and i~oid. ~ . ~ t4 IfINa fhp morfgagor I~erv6y jurthe? co~enants and agrees fo pay promplly when dus fhe principol and 1 interesl anc~ of{~e~ sums o~ money p?ovie~ed for in suic~ nofe and fhis mortgage, o~ eIf{~er; to pay a~~ and •inflular the faxes. assessmenf~, ~evies, ~tabt~ities, ob~igotions, ant~ encum6ronces oj every nalure on said pro- perfy; fo permif, commit or su~jer no u~asfe, impairmenf or defe?iomtion o~ saic~ ~anc~ or tke improvemenb thernon at any time; to kppP ~hp huildinDs nou? or he?pa/t~r on said land ~ully insured in a sum of not lesa f/~an in a company or companies accepta6le lo the mo~tgagee, Ihe po~icy or po~ictes to 6e held 6y, and paya6l~ ~ to, sai~ morfgngee, anc~ in fhp event any sum o~ money becomes ~ya6le 6y vi~tue oj such insurartce fhe morlgagee shall ha~~e the righ! to receive and apply tl~e same to the inde6tedness I~ere6y secured, ncrounting ~ to f{~e mortgaAor Jor any surplus; to pay a~~ cosls, c~arges, ancr pxpenses, inc~uding ~awyert (ees anc~ tit~ sparc{~es. rensonati~y incurre~I or paic~ tiy t~e morfgagee because o~ f{~e ~ai~ure o~ Ihe mo?tgngor to prompl~y t ane~ fu~~y~comp~y wifti t{~e agreemerifs, sfipu~ations, conditions and covenants of saic~ note and this mortgage, or eifher; to per(orm, comply with and a6ide by each and every f~e agreeme~ts, sfipu~afions, eondilions and covenants set Jortti in said note and this mortgage or either. /n the event !he mortgagor jails to pay when due any tax, assessment, insu~+nnce premium or other sum o) money paya6le bq virtue o/ said nole and this mortgafle, or PII~P~, fhe morfgngee may pay t{~e same, without waiving or a~~ecfing fhe opfion !o (orec~ose or any ot6er ri~ht hereunder, and al! such pnyments shall 6ecir intereat (rom clute fl~ereoj at the highest law- (ul rate Ihen allou~ed by tl~e laws of t{~e $tate of Florida. i any sum o~ money ~erein re~PKPd IO 6e not prompf~y paic~ wifhin days next a~ter tl~e same 6ecomes due, or iJ eacl~ and euery lhe ngreements, stipulations, conditions and covenants of said note and 1{~ia mortgafle, or either, are ~ol /ully per/o?med, rnmplied with and abtdgd 5y, tken fhe entire sum mentioned in said note, and t{~is mortgage, or the entire 6alnnce unpaid fhenw~, sF~all Jorlhwith or tl~erea~tRr, at the option oJ the mortgagee, become und 6e dus und paya6le, anytl~ing In said note w?~erein fo ttie confrary notwithstanding. Failure by ttie mortgagee fo exercise nny oj the rig~fs or options herein provic~ed s~a~~ nof conslilule a u~aiver o~ any rig~fs or opfions under saicr nofe or this mortgage ac~crued or f~erea~fer accruing. ~n ~~i!!~ ~~~1~ the said morfgagor has hereunto signed nnd sealecl thete presents the c~ay anc~ year ~inf atione u~rilfen. $igned, sealecl and delinered.in th esence oJ: - . " ' . 6.12! ~ ~-y-~'-~- - - - - -kt ~ , ~ , ~ ' ~ Henry - . Clayton - --~.r~ - Q~ ~ ~ ~ ~ ~ ; . . . . . i 3 ~ d 6 ~ STATE OF FLORIDA, 1 _ : COUN"TY nF ST. LUCIE ~ } I HEREBY CERTIFY that on this day. beforc me. an ~ officer duly authorized in the Stat~ aforesaid and in the County afonsaid to tak~ acknowledgments~ personally appeared ~ ~ ~ HENRY H. CLAYTON z to me known to br the prnon describcd in and who executed the torcgoina instrument and he acknowkd~ed ~ ; 6l~fo{e mc that he ~xecuted the same. ~ ~ wITNESS my hand and of(icial seal in the (:ounty and Sute last a[orcsaid this ~~-A day of ~ - A. D. 19 7 2 ~ v. . . , _ . , _ _ ~ . : ; ' ! : . . . - ~ 84 ~ . . r , . ! _ ~ . - : I~. -(i~-,~.i~G~~c!- - ~ - , NOTARY UBLIC, State o lorida • - , . = IlEO ~ta? RECOR6Ed at Larqe . T. LUCi~ GOUMTY FLA. = aocF~ F:,n~~g My Commission Expires: - = CIERK ; ~t1fT C4iJRT pECORO Vt' ~;Ei~' Miutt 1 2 37 PM '7Z ? . ` ` _ t I7iri Lwn~nrrnl prrp~ni! by: = A~l~l,r'~s 607K PAG~ ~~U T ' ~ _ v~___.~__._ - ~ ~q ~'-V' ~ 3 ~~a"t ~2 ~ j ~ k'.'ti ~~.~aMl _.w ..y,Ki~iv~~'. _ c , -...i! ~1'~~' saa.