HomeMy WebLinkAbout1313 ond sho!! perform. comply uith arul al,kle by coch ond eucn~ the u~;nerrtents, stipuiutions. corulit~otu ond
covtnants thereof. and o/ this mortko~;e~ then thia mort~a~;e a~ul tl~c cstatc hereb~ c?eoted, s1+a1f cease, de-
termine and be null and ooid.
~ tl~s mort~ogor hereby fu~ther cooenunts arul ogrees to }~oy p~omptly when due the principal and
tnterest arid otl~er suma of money pro~ided for tn said note and d~u mort~age, or either. to pay all and
singubr the taxes, assesrnients, leuies, liabilities, obli~;atio~u, and encumLrar?ces of eve?,y nature on sald Nrop-
erty; to permit, commit or sueer no uaste, imNairnre,it or tleterioration of said land or the improaements
ihereon at ony time; to keep the buildings nou or hereafter on soid land fu11y insured in a sum of not less
than ~
fn a company or com~wn{es acceptable io ihe mortga~ee, the policy or policies to be hekl by, and jwyable
to, said mortgagee, and in the event ony sum o/ money l~ecomes payable by virtue of such insurance the
mortgagee shall ~ave the right to rec~eioe und appty the same to the indebtedness herevy secured, uccounting
to the mortgagor for any surpleis; to pay all costs, charbes, a~ul ex}~enses, including lawyer's fees and title
searches, reaso~wtiiy incurred o~ }wid by il~e mo~tgabea because of the foilare of the mortgagw to promptly
and fuUy comply with the ogreements, stipulations, con~litions arul covenants of said trote and this mortgage,
or either; fo per/orm, comply with and abide by each ancl ee~ery tl~e agreements, stipulations, conditions and
couenar~ts set forth rn said rwte and this mortgage or eitl~er. In the event the mortgagor fails to pay when
due any tax, ~xssessment, insurance premium or oiher sum of money payable by nirtue of xaid note arut this
mortgage, or either, the mortgagee may pay the same, without waining or affecting the option to foteclose
or ar~ other right hereunder, and aU such payments shaU 6ear interest from date.thereof at the highest law-
ful rate then allowed by the laws of the State of Florida ~
any sum of money herein referred to ~ie not promptly paid icithin ~birty days next after
the same becomes dae, or if each and euery the agreements, stipulatans, corutitions _ and cooenants of said
note anrl this mortgage, or either, are not fully performed, complied u;ith and abided by, ihen the entire
sum mentioned in said note, and this mortgage, or the entire balance unNaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become an~l be due and ~ayabJe, anything in said »vte or hesein-
to the contrary notu;ithstaruling. Faflure by the mostgagee to exe~cise any of the rights or options herein
provicled shall not corsstitute a uair~er of any rights or options under said note or this mortgage accrued or
thereafter accrair~g.
~n ~~Ol~ the said mortgagor has hereunto signed and sealed these presents the
day and year f~rst ubove ~critten.
Signed, sealed and detiaered in the presence of: .
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i STATE OF FLORIDA,
CouNTY OF St. Lucie ~
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~ I HEAEBY CER77FY that on this day, before me, an
~ o~cer duly authorized in the State afore.said and in the County aforesaid to ta1:e acknowledgmentc, personally appeared
I Robert H. Rives and Emma Lee Rives, his wife
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s to me kixi~~~n to Ix- the• jx•rv~n g di~urilxY) in an~l ~~•h~~ e~~rc•utt•d tlx• Fon•y:uinK instnmx~nt a~xl they arkra~~~ledAecl
j befom me th:tt theyr~~~t•utetl dx• ~uin•.
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; WIT\iEtiS my hand and offirixl u•:d in thr ('~~~~nty and State lact :doresaid this j4th day of
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; Apr~ t~~ ?2
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