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HomeMy WebLinkAbout2571 and shall perjorm, comp~y with and a6~d. by ~h and eaery fhe aareements, stipu~aftont, rnnditlo~s nnd co~~enanls ~he~eof, and o~ Il~is mortpape, then this mortgage and tl~e estate hereby created, shall ceate, d~- termine and 6e nu[l and void. INNa f{~e mortgagor henby ~wther couena~fa and ogrees to pay prompfly when due Ihe principol a?td interes! and ofher sums o~ money provided jor tn said nofe and ttiis morfgage, or eifher; to pay a~~ nnd st~gular Ihe laxes, assessments, levies, Iin6ilities, o6ligations, and encumbrances o~ every nafwe on snid pro- perty; fo permit. commit or suf jer no waste, impairmenf or deferiomfion o~ said land or the improvemenb Il~ernon at any 1ime; to ~PP~1 I~P buildinfls nou~ or hernajter on said [and (ully insured in a sum oJ not lesa than maximum insurable value in o company o? companies accepta6le to Ihe mort9agee. Ihe policy or policies to 6e he[d 6y, and payabb to, snia mortgagee, anc~ irt ftie evenf any su?n oJ money 6ecomes ~ya6le 6y vi~tue bf such insurance t~e mortgagee shall I~aue the rigl~t to receiue and apply t6e same to the i~debtedness {~ere6y secured, ac~ounting fo f~e mortgagor jor any surplus: to pay a~~ costs, c~a?ges, anc~ expenses, inc~uding ~awyer s(ees and lltle aearches. ~easona6ly incurred or paid by the mortgagee 6ecause oJ the ~ailure o/ the morlgagor fo promptly and /ully comply u~ifl~ the ngreements, stipulalions. conditions and covenants o/ said note und Ihts mortgage. or either: to perJorm, comply with and a6ide 6y each and every lhe ngreeme~ts, stipulations, condilions and covenants set jortf~ in said note and this mortgage or eithe~. In the event the mortgagor /ails to pay whe?t due any tax, assessmerit, insurance premium or ol{~er sum o~ money paya6le 6y virfue o~ said note and this morfgage, or eifher. Ihe morfgagee may pny t~e same, wit~ouf waiving or a(fecting !tie optton !o ~orec~ose or any other ~ight l~ereunc~er, and al~ sucl~ pnyments sf~all bear interest ~rorn crnte ther+eo) nt the highest ~nw- ~u! rafe fhen allou•ed by ~hR laws of the State o~ Florida. ll any sum o~ money herein re~errec~ fo 6e not promptly paid within 30 daya next a~te~ f~e snme 6ecomes c~ue, or i~ each ane~ every I~e agreements, stipu~ations, condifions ancj couennnls o~ said note and this mortgage, or either, are not /ully perjormed, complied with and a6ided by, then !he entire sum rr~entioned in said nofe, and tl~is morlgage, or t6e entire 6alance unpnid tl~ereon, shall /ortl?witk o~ therenjter, at the opfion o( tlie mortgagee. 6ecome and be due and payn6le, nnything in saitl nole or Iteret?~ to the conlrary notwitl~slanding. Failure by the mortgagee to exer+cise nny oj the righfs or options ~eretn provicled s{~a~~ nof consfitute a waiver of any rig/~fs or options under snid note or t~is morfgage ai~crued or t~erea~fer accrujng_ ~n ~itness ~hereof~ f{~e saic~ morfgagor has hereunto signed and sea~ec~ fhese presents f~e crny nn~ year jirst a6one u~ritfen. $ignecl, sealed and delii~ered in the presencp of : ; ~ ? ~ ~ ,.7 I ~ : - ; , . o~ ~ -B~. reema ` i • - ~ l~(.~'~----~-----~- ~ ~4~..__~/.:_.~ ~ ~ - - ie . reeman - - - ! ~ ~ - - ~ i 3 ~ ' ~ Y ~ STATE OF FLORIDA, ~ ~ COUNTY C~F ST. LUCIE ? I HEREBY CERTIFY that on this day~ be(ore me~ ap 3 of(ic~r duly authorized in the Statc aforesaid and in the County a(oresaid to tak~ acknowledgments~ perso~aily appeared ~ CLIFFORD B. FREEMP,N and ADDIE S. FREEMAN, his wife ~ to me known to br the person S described in and who execut~d the (orcqoing instrument and they acknowkdged ~ ~ befor~ me that they ~x~cuted the samt. ; N'I1':\ESS my hand and official seal in the Count~ and State last a(oresaid this 28th day oI ; Ma rch A. D_ 19 7 2 • ~ • . ; . = W ~ . . . - - - ; ` .,'•a~.:'/; ~=::j Notary Public, Stat of Fla. at Large ~ My comm. expires: Ci . ~ , -1~. . . ' ~ - . _ . ~ ' - r;,,~r~_';' , ~ .-t ~ G;':_ fItEO ANO REGO IE COUNtr x - _ `:J.:~L~ _ ~ St. aOCER P01SAA5 ~ ` ~ CLEaK CIRCWT COURt ~ ; " VERFIEO~ ~ ~ • ftE C~A~ : ~ - . t~~ Z~ 2 ~ QN'~~ ~ 3'~~ a Tl~is hts~nmrc~t~ prepaird by: 2+~ ~ ~~d~ Th~s Instrument Prcpared 9y , WILLIAM F. WILIES ~s YlIL! ES. BITTAN ~ WILLES Q R ~ P. o. a~x ~ 80~ ~ fort Pierte. Fbnda 33150 _ . . . : . , , . . wa. .e . _ _ ry . . . . _ , _ . . _.,.~e,k`