HomeMy WebLinkAbout0333 ond shail Jkrfonn, conipJt~ uith rnul uLicle t~y cuci~ un~l cci•r~ tlic u~rr~•u~cnts, sti~n~luiiuns, ca?ulitior~,s urul
couenants thereof, arul of Ihis mvrtRu~e, thEn t?~is morthuhe und thc cstutr l~creby creuted, shall cease, de-
termine ond be nult arul coid.
~ the mortga~or 1~ere6y /urther coverwnfs a~ul a~ree~s to ~~ay pro?nptly when due ti~e pri~icipal arul
interest ancl od~er sun~.s of n~or~eJ provided for in said note aiul tl~is ~r~ort~;uge, or eitl~er; to pay all arul
sin~ular t1~e inxes, assessn~enRs, leuies, lial~ilities, obli~;ations, und enctnnbrunces of eu~r~/ rwture on suul prop-
erty; to pennit, commit or suder no u;oste, im~wirmerit or deterioration of saic~ la~u~ or t1?e improvements
tl~ereon at any time; to keep the buildin~;s noi~ or )~ereu/ter an saul Idnd fully i?~sured in a sum of not less
than
in a com}wny or conqwnies acceptaLle to the mort~;a~;ee, tl~e policy or j~olicies to be )~eid by, a?ul ~wyable
to, saici mortgagee, and in the eoent any s~e~m of moiiey l,ecoines ~we~aGle Gy uirtue of such i?u~uance the
mortgagee shatl haue the ri~;ht to receioe and apph~ the san~e to tlie indebterlness l~ereby sec~~red, accoanting
to t?ie mortgogor for any surplus; to jwy all costs, chur~;es, aiu! experues, incliuling lauwyer's fees aru! title
searches, ieasona6ly incurred or ~wid liy the mort~;a~;ee l~ecause of the failure of the mortgagor to p~omptly
and fully compiy u-ith the o~reements, sti~nrlatio~~s, conclitio~u arul cove~wiits of sou~ rwte aru~ this mortgnbe,
or eidier; to perform, compliJ uitii a~ul aL'ule l~y each anil e~:en~ the ugreements, stipulatio?u, corulitioi~.s and
covenanes set forth in said note a~ui this mort~a~e or citGer. In the evcnt the mortgngor faiIs to pay ichen
clue any tax, assessment, insurance premium or other su?r~ of ?noney payable by vrrtue of saicl note a?u! t1~is
mortgage, or either, the mortga~;ee mu~~ Jwy the same, uytho~~t a•aiuin~; or aBectr'ng the option to foreclose
or uny otl~er right hereuruter, and all n~ch payments shQU bear interest fron~ dnte i)~ereof nt il~e hi~hest la~c-
ful rate then Qllowed by the laics of the State of Florula.
an~ sum of money I~erein referred to be not ~~romptly Jwid ~cithin thirty days next after
the same becomes due, or if each and every the agreements, stipulatio~u, co~ulitions arul couenonts af saul
note anrl this mort~a~;e, or either, are not ~uUy j~erformed, complied ~cirh and abicled by, ti~en the entire
surn mentioned in saul iwte, and this mort~age, or ihe entire balance unlwut ihereon, shall forthwitl~ or
tlierea~ter, at tlie option o~ the mortgagee, become and be due arut payable, onything in said note or herein
io the contrary notu;ithstarulin~. Failure by tlie mo?tKa~ee to exercise any of the reghts or options herein
prouuled sliall not constitiite o~caiuer o/ any rights or optio?is uruler saicl note or this mortgage accrt~ed or
therea/ter accruing.
~n the said mori~a;~or has hereunto si~;ned and sealed these presents the
cIay and year ~rst ~~ove u-ritten.
S' ned, d deliuered in the presence of:
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~ STATE O~ FLORIDA, ) '
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x CoUN'rY oF St. Lucie }
± 1 HEREBY CERTIFY that on this day, be(ore nie, an
~ offx~er duly autFxirized in the State a[onsaid and in the County aforcsaid to take acknuH~ledgments, perwnally appearecl
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; Ira F. Thaxton and Willie J. Thaxton
~ tu IIN' I~IN/\CO tu IK~ thi• ~H•r.~~ng ~I~~.crilx•d in :~u~l ~chu i•~e~auti•~I !IH• (un•~oinK in.truiue•nl :tml they ack~w~~•ledKe~el ~
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Ixdor~~ nk• th:~t they ~•~~•~~tt~•d th~• >.wx•. j
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~ ~1'IT\E1ti m~ ir.?nd and ulliii.d a•.?I in thr Cunnh and titxte• I.t.t :d~~u•:u~l thi~ Zgt~'1 dap of
; Februaryn? u. 72
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- FILEO ANO RECOROE4 ' ' , ~ . ~,.~,~P
~ ST_ IUC~E COUMTY FIA. ~ .
; ROCER POITRAS . uiu~,c r~i '
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CIERR Ct^CUIT COUaT ~A • ' ' : ~ t~.`Il~:; •
_ RECOitDVERtF1E0~.--- ~l`~ 7 ~ ~ - '
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