HomeMy WebLinkAbout1884 and sl~all per~orm, ~~mply with and a6ide 6y each and ei~ery 1Re agreementa, stipulatio?is, ronditions nnd
co~•enanis th~rnoJ, a~~d oJ ll~is morfflage. IhPR fhis mortgage antr 1{~p estafe here6y created, sF~nll cease, de-
Iprminp ontl he nu~~ ant~ oui~~. ~
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Iin~ the morfga{~o~ h~?eby ~urfher co~~e~ants ancj ngrees fo pay promptly whe~i due ~he princi~wl and }
in?ernsl and olher sums oJ mon~y proi~i~Iecl ~or in said note and this mo~lgage, or either to pay aIl and ~
sinflu~ar 1{~e faxes, assessmenfs, ~evies, ~iabi~ilies, obl~gufions. and encum6?nnces o/ every nuture on satd pro-
pe?fy: fo permif. commil or su(jer no u~asle, impairment or c~eteriomfion oj saic~ ~nnd or the improvemenli
~hprecn al any Iime; to ~PPP I?1P buildin9s nou• o~ henw/t~~ on said land /ully insiued in a sum oJ not less
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in u company or companies a~n~a6l~ to the mortgagee, the po~icy or po~icies fo 6e hpld by, and paya6ls
to, said mo?lgagee, a~id in the ~uent any sum o/ money 6ecomes paya6le 6y vi~tue o/ such insurance the
morfgagee shall hai~e tl~e right to receii~e and apply fF~e same to Ihe inde6tedness F~ere6y secured, aceounting
fo ihe mortya~or ~or any surpltu; fo pay a~~ cosls, charpes, anc~ expenses, inc~uding ~awye~ s fees and til~e
searcl~ps, reasonahly incune~ or ~a~d 6y ~hp morlgagee ~ecause o~ fhe (ai~ure o~ Ihe mortgagor to prompl~y
nnd ~u~~y comply with the agreentents, slipu~ations, co?i~ilions and conenants o~ said note an~ i~is mortgage,
or eilher: to per~orm, comp~y witl~ and abic~e 6y eacl~ and every t{~e agreemenfs, sfipu~nlions, condifions and
conenants set Jortti in snicj rtofe ant~ fhis morfgage or either. ~n f~e even! f{~e mortgagor (ni~s to pay when
due any ta.r, assessmenf, insura~ce premium or ofher sum o~ money puyab~e by virlue o~ suic~ nofe anc~ this
mortgage, or eilher, t~e morfgagee may poy Ihe same, u~ifhoul u~niving or aJjecting the opfion to ~orec~ose
or any other righl hereunder, and all sucl~ payments shall 6ear interesf ~rom date thereof at the higkest ~aw-
(u~ rate then allou~ed by the Iau~s o/ 1he State of Florida.
~l any sum oj money herein rn/erred to be not promptly paitl u~ithin thirty c~ays next a~ter
the same 6ecomes due, or i) each and euery il~e a~reements, stipulalions. condifions and coi~enanls o) saicl
nofe and t6is mortgage, or eitl~er, are not fully per~ornted, compliPCl will? and ab~dpd 6y, llten lhe entire
sum mentioned in snid note, and lhis mortgage, or th e eniire 6alance unpoid tl~ereon, s{~all (orthwitk or
ll~ereajter, at ihe oplion oJ 1he mort~aflee. 6ecome and be due and payable, anything in snid nofe or F~erein
fo IhP rnntrary nofu~it~stanc~ing. Failurp 6y the mortgagee fo exercise any of t~e rights or opfions tierein
proi~ided shall not constilute a u~aiver oJ nny rigtifs or opfions under saic~ note o~ t{~is morfgage accrued or
f~erea(f~r accruing.
~n ~itness ~~~t~ f{~e snid mortgagor has /~erpunlo signe~ an~1 senled tl~ese presents tl~e
~ay an~ year ~irst ntioi+e eoriften. .
S19f1P~. SPa d and ~P ~!Il ~~P PSPII(-P Oj:
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William H. Hilson
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F ura H. Hilson -
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~ STATE OF FLORIDA. ~
~ COL'\iTY OF ST. LUCIE ~}~EREBY CERTIFY that on this day~ be(ore me, an
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; officer duly authorized in the Stat~ a[oresaid and in th~ County aforesaid to tak~ acknowledqmenu, penonally appeaml
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~ WILLIAM H. HILSON and DAURA H. HILSON, his wife,
~ to me known to be the person gdescribed in and who executed the for~¢oinq instrument and they acknowledqed ~
~ beforc me that they~X«~c~a the same. ~
~ ~~'1"1'~iESS my hand and official seal in th~• County and Statf• last aforesaid lhis day o(
~ March A. D. 19 72.
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- N tary Public - Stat~ f Florida
_ at Large.
My Commiss ion ~pires : 7~
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