HomeMy WebLinkAbout1054 an~l shal~ pe~~~arm. cnmply u~ith and abi~e by 'eac1~ ani~ ei~ery the agreements. stipu~alions. rundiliorts und `
t' cor~nanls lherpo(, and oJ 1{~is mort~n~e, then fi~is mo~lpaye and the PSIQ~P hp.a6y creafed, shall rease. de- i
i~ f~rrnin~ ane~ ~?e~ nu~~ niu~ i~oie~. ~ `
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i .~~n~ I~~~ morlc~an~~ ~~~n~6y ~urt~~er coi~enants anc~ agrees to pay prompl~y iv~~en crue the pri?icipal and
infer~sl aru~ of~~er sums of money provic~ecl ~or in sai~ note anc~ this mortgage, or either, fo pay a~~ and
;i sinnutar Ihe t~x~s. ass~ssments, leuies. lia6ilities, obligations, nnd encum6rances oJ every rialurp on said pro-
perly; `fn.~~ermil. commif or sujJer no u•nsfe, impairment or c~eterioration o~ saic~ ~anc~ or f{ie improvemenis
Ihereon n/ nny time: to k~ep th~ 6«~Id~?~ns nou~ or lie?paf te~ on saia land ~u~~y insurec~ in a sum of not ~ess
~ ~ 12, 000. 00 fire and extended coverage
~ f in a company or companiPS ncceptab~e to fhe mortgagee. I~~e policy o~ po~icies to be held 6y, antl {wya6le
±l fo, saia mo?Igagee, anc~ in Ilie event any sum o~ money becomes payab~e 6p virfue o~ such insurance t~e
i~ mort~ac~~P shall havp Ihe rinht to rc>ceii~e artc~ apply t?~e same to !he inde6fedness here6y secu~ed, nccounting :
'I to f~~e morfc~a~~or ~~r anV surp~us: lo pay a~~ cosfs, charges, anc~ expenses, inc~utjing ~awyer~s jc~es a~tl lif~e
searches, reasonn6ly incurre~ or paic~ 6y f~e morigaflee becatue o~ Ihe fai~ure oj ftie mortgagor to prompt~y
an~ ~ullv comply u~ilh t{~p a{~reemenls, stipulalions, concritions ane~ covenants oj said nofe anc~ t{~is mortgage,
or eitlier: fo perJorm, comply with and a6ide 6y each und every the agreements, slipulateons, condiiions and ~
covenants sel Jorih iri said note and this morlgnge or either. In Ihe event tl~e mortgagor jails to pay when
i'; cjue any tax, assessmenf, insurance premium or ot~er sum o~ money pnya6le 6y virtue of saic, nofe ane~ fhis
mortgage, or PII~P~, i~ie mortgagep may pay the same. ulithout wniving or aJJecling itie option !o Jorec~ose
or any olher right {~ereunder, ant~ nll such payments shall benr interest /rom date thereoj a~ the htghps~ lnu~-
(ul rate I~IPR allowed by tl~e la~os o/ t{~e Slate o~ Florida.
~l any sum o( moni~Y ~erein re(prrec~ to be nof prompl~y paic~ withen--~~'---~~ays next a~ter
iF~e same becom~s due, or i) each and pvery ihe agreemenfs, stipu~ntions. canditions ancl covennnts o~ said
notp and this morl~a~e, or pither, are ~o! /ully perJormed, complied witl~ and ob~ded 6y. Il~en the entire
sum mentioned in snid note, nnd this mortgage, or t{~e entire 6a~nnce unpaid tl~ereon, shall jorlhwith or
I~ thereajfer, al the oplion oJ the mortgagee, 6ecome and 6e due and paya6le, anyt{~ing in snid note or herein
I to Ihp conlrary nolwithstanding. Failure 6y the mortgagee to exercise any of the rigl~ta or options herein
I~ provic~e~ s~ia~~ not consfitule n wainPr oj any rigtifs or options unc~er saic~ nole or t~is mortgage accvued or
~ 1{~prenjter acrruing.
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~n ~itness ~hereof~ tl~p said morlgugor has {iereunto signed and sealed these presents tl~e
c~ay mul year ~irst ahone ~rriflen.
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Signed. Ied m~d delinPre in t{~p presence o): -
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~ STATE OF FLORIDA,
` ! COt \TY nF ST. LUCIE ~
~ I HEREBY CERTIFY that on this day, be[on me, an
~ officer duly authorized in the Stat~ aforesaid and in the County atoresaid to tak~ acknowledgments~ personally appearcd
~ MAURICE E. FLOOD, JR, and MARGARET ELIZABETH FLOOD, his wife
~ to mc~ known to be the personS described in and who executed the (or~going instrument and they acknowkdqed
~ befon• me that they cxecuted the same. ~
~ ~~'IT\F.SS m}• hand and official seal in thc Count~ and Stat~ last a(oresaid this ~ day o(
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3 March a. D. 1972
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~ My Commission expires: N tary Public, State o Florida a arge.
v . •~~•~,r.,,
; iKOrAer ruBUC. STATE o~ FLOR(DA at LARG~ i: a~f,~,
~IY (A.Y,YJSSION EXPIRES MAY. 2~, 19T~ , ~'~~f.'~ii
~ . u~iTittforesf ' 1 :
~ 225~9 3 . = r ' `
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FIIED AK~ ~ECOR0~0 - ~ , • = . ~ ~
ET. LUCIE COUMTY F« : ~ ~ j ;o+ ~
~4~ ROCER POITaAS . - ,7 . ; -
CLERK CIaCU1T COtIRT . , ' ~
RECOfID VEP,~FIEO~--- f
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I~ut 10 3 sa PM'~Z ~ ~
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~ • BOOK'~~~ PAGE1054
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