HomeMy WebLinkAbout1014 and shall per/orm, con~~~l~~ ea~ith u~ul uL'ule l~y ruch u~~~l ~•c~•r~ t1~~ u~;rc•e~~?ie~nts, sti~~alutic~r?s, eo~ulitiau and
couenants N~ereof, urul of thu rnort~;utie, then this martrure u?u! tli~ estufc l~creby created, sl~ull ceusc, de-
ter?nine and be nuU arul void.
~ ihe mort~a~;o~ i~ere6y further couertanfs uiul agrces to ~wy ~~romplly u~l,en due tl,e princi~l a?ul
interest arul other sunu of mone~ ~~rouuled for in said nvte arul tl~u ?nort~;~ge, or either; to ~ay ail atui
singulvr the faxes, assessn~ents, lecies, liabili~ics, oblihntiu?~.s, an~/ e~u~tunGrunces o/ euert/ rwture ort saul prop-
erty; to perniit. commit or seeeer ~w iraste, impainnent or de~ereoration o~ said lviul or the irnprovements
thereon ut any time; to keep d~e bui~dinhs no~c or hereu/~er on said la?ut (e~ll~ iruured in a sum oj not less
than
in o comJwny or com~wnies acceJ~tal~le to d~e rnort~;a~;ee, the poli~/ or ~~olicies to be held by, arul payable
to, said mo?tgagee, and in tl~e eue?it any se~m o/ mo~uq Gecomes JwyaGle l~y virtue of st~ch i~uY~rance ihe
mortgagee shall haoe the ri~;ht to rcceioe and a~~p?y the seme io the indebtedness hereGy secureti, nccounting
to ihe n~ortgagor for any surplus; io jwy all costs, chn~ges, aul experues, inclucling latcyer's fees arul titiP
sear~hes, ~easonably incurred or ~wid by the mort~;a~;ee. l,ecause oj the /aiiure of ihe n~vrtgagor fo promptly
and fully comply icith the ngreements, sii~n~(atio~~s, co?ulitio?~,r arul couenar~ts o~ saul ~wte a~ul this mortgabe,
or eid~er, to perfonn, comply iciN~ arut abule Gy each and every the'a~reements, stipulations, corutitio?u and
couerwnts set forth in said note a?ut this mort~a~;e or ei~her. In the euent the mortgagor fails to pay ulien
due ony tar, ossessment, insurance ~remium or other sum of money payable by virtue of saut ?wte ~rul this
mortgage, or either, the mortgagee »iay Jwy ihe same, witliout traioin~ or a~ecting t)ie option to foreclose
or any otl~er right hereu?uler, arul all such payments shall bear interest from date thereof at tl~e hi~hest la~c-
ful rate then allou;ed by the lau;s of the State of Florida.
any sum of money herein r%rred to be not ~~romptly ~wul icithin thirty days next vfter
the same l~ecomes due, or if each arut evenJ the agreements, stipulatioru, conrlitions and crn.~enants of said
note and thu mort~;age, or eidier, are not fully perjormed, compiied icit?s a?ul abided by, tl~en the entire
sum mentioned in saut note, a?ul this mortgage, or the entire Galanee unJxticl lhereon, shall fo?thicitl~ or
thereafter, at the option o/ the mortgagee, become and be due arul JxiyaGle, anyihing in said note os herein
to the contrary noti~ithsta~uling. Failure by die mort~a~ee to exercise nny of the rights or options herein
provirled shaU not constitute a icaiver of any rights or oJ~tioiu uruler said note or t)~u mortgage accrued or
thereafter accruing.
~n ~I1~0l~ the said mortga{;or has liereunto si~ned ancl seated these presents the
day and ~ear first alioue icritten. _ _
Signed, senled._a?ul delivered in th presence of:
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STATE OF FLORIDA, . ~
CouNTY oF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
o~cer duly autMrized in the State aforesaid and in the County aforesaid to take acknoaledgments, personally appeared
Lewis E. Durham, Jr. and Juliette B. Durham, his wife
G~ nx- k~N~~~ n tu Ix~ t}x~ ~x•rs+m 3 i1~KCrilx•d in :in~l }H~ i•ciruti•d tIN• tun~CuinK iminu~u•nt and the y ackno~~•ledRt~tl
1?rfon• n~ th:it ~gy ~~~eY•nte~cl Qx~ wu~n•.
~VII~~Etiti ~ny h:itul :tnd o1Bci:d sc•:d in thi• Co~u~h• and titaf~• l:t~t :dnres;tiil thiti jQth day o~
March A~ u~ ?2 .
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zzs~ss - , : :
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~~~o ~Ke aECO~t~t~ ~ ~ ' ~
. LUCIE COUNTY L J :
ROCfF :O~TRA8 ' y"~'••
CIERK CinCWT COURT ~ ~ ' .
RFC~RO v~FtFIEa.....~~. • . , - - • . -
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N~ 10 2 s3 PM'7Z .
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a~K200 P~1014
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