HomeMy WebLinkAbout0875 and slial! per/orn?, co~r~ply uit1~ a~ul ubi~le l,y euc?i urul ccer~ t?~e u~rec~uruts, stipt~latioiu, coiulitions anct
couenants d~ereof, and of Ihis mart~;u~;e, t)ien t)~u mort~;u~e u?ul N~e estafe I~ereL~/ created, s1in11 cc~ase, de-
tennine and be nul! aru! coicl. ' ~
~ ihe mortgogor liereby further covenants a?ul abrees to jwy Nromp~ly when due the princiNol arul
inferest und other sums of moneJ prouuled for in soid rwte aru! tliis ~nart~age, or eitlier; ia pay al! arul
sin~ular ihe taxes, dssessneents, leuies, leaLilities, obli~;utiv~~s, a~ul encurnl~rances of ecer~/ ?iature on saul ~rop-
erty; to pern~if. commit or suj/er no tcaste; imNuirment or deleriorution of said la?ul or ihe improuements
tl~ereon at ony time; to kee}~ the buildin~;s no~c or hereuftcr ori said lund fuQy ii~sure~l in a sum of not less
than
fn a company or comJxinies acceptable to the mortga~;ee, tl~e >>olicy or policies to be held by, a?ut NayaLle
to, said mort~agee, aru! in ~he event any sum o/ neoney becon~es Jw~~aLle Gy cirte~c af suc1~ i~uurance fhe
mortgugee shall haue t)~e ri~;ht to receive an~l apply the san?e to the i?ulebtedness herel~y secured, accounting
to N~e mortgagor fo? any sury~lus; to ~wy all costs, char~;es, a~ul expenses, including lawyers fees arul title
searches, feasonably incurred or jwfd 1~~~ the mort~;a~;ee because of d~e failure of the mortgagor to promptTy
and fully comply uith the agreements, stipulatio?~.s, corulitio~~.s a?u! covenants of saict note a~ul this mortgage,
or eitl~er, to perform, comply u;ith arut atiide by each arul every the agreeneents, stipulalioru, conditions and
covenants set forth in saic! note aru! this mortgage or eidier. In ihe event il~e mortgogor fails to pay uhen
due any tax, assessment, insurance premrum or other surn oJ money payable by uirtue of said note orul this
mortgage, or either, tl~e mortgagee may jwy tl~e same, i~tithout iceiuing or a~ecting tf~e option to foreclose
or any other right 1~ereunder, and all such }wyments sl~vll (~ear interest from date thereof at tiie hi~)~est la~c-
ful rate then alloued by ihe laws of the State of Florida.
any sum of money herein referred to be not ~~romptly jwicl i~ithin *hirty ~ys
the same becomes due, or if each arui evenJ the agreernents, sti~n~lotior~,s, corulitions and covenants of said
note arul ihis mortguge, or either, are not fuuy performed, complied i4ith anct abuled by, ihen the entire
sum mentioned in saicl note, arut ihis mortgdge, or t)~e entire bolance unpaici thereon, shaJl forthicith or
thereafter, at the o~tion o~ the mortgagee, liecome and Ge due mul payaGle, anything in soid note or herein
to the contrary notuithstandrng. Failure by the mort~abee to exercise ony of tl~e rights or optioru herein
provicied shall not co?utitute a u;aiver of nny rights or optio?u unde~ said note or this mortgage accnred or
therea
f
ter aecrwing.
~n ~11~0~~ the said mortga~or has hereunto signed arul sealed these presents !he
day and year fust aliooe icritien.
Signed, sealed a delioer~d in the pr~enee of:
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~ STATE OF FLORIDA, ~
COUNTY oF S t. Luc ie
~ I HEREBY CERTIFI' that on this day, before me, an
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- o~cer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appearecl
i
n ~a Maxwell and ~a Jean Frazier
~ to uH• kiH~~cn to I~• thc• pc•rsnn3 ~l~~u•rilx•d in and ~~}N, r~t~•~drd tlx• fomy;uinK imtrunx•nt :uxl tt1Ej1 acknm~•IetlRed
~ I~efure uie th~t theY ~•~iY•~d~•d tlx~ .:?nN~.
«'IT\Etiti my hand :uid nffici:d x•:d in tht~ Coiu~t~~ ancl State~ l.~ct afon•~aid thic Z~Fttl day of
February A. u. ts? 72.
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h LEO ANL RECOROEO
- ~UCIE COUNj`1 F~A. ~
= ROC~.R P017aA8 t~~ .
- CLfRK CiRCUIt COURT 4~lA~~ PUOLlC. iTATE OF }tpg~p~ ~i i,u~ `
RfCORC VfR1ilE~r+~"' M~f~1~?~~„Y EJ(P~f1Ef ~CI. Zl~ la7Z E
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