HomeMy WebLinkAbout1950 and shaI! Ner/orm, comply icith arul aLi~le I~~ cac)a aul eucn~ t1~c u~;re~cmeuts, stipulations, condittons aad
covenants thereof, arul of thts mort~a~;e, ihen tl~is mort~a~e aru! t1~e estate herel~y created, shall cease. de-
termine and be null and void.
~ the mortgagor here6y further cove~unts o?ul a~rees to pay promptly when due ti~e princi~wl ond
interest ond other sums of money provided for fn said note and thts mortgage, or euher; to pay oil and
s~ngulur the taxes, assessments, leuies, liebilities, olili~ations, and encumbrances of euer,y nature on soid prop-
erty; to pe?mit, eommit or suBer no waste, impoirment or deterioration of said la~ul or the ~mprovements
thereon at any time; to keep the huiklin~s now or hereafter on said land fully insured.in o sum of not less
thun
~n a compony or companies acceptable to the mortgagee, the J~o11cy or policies to be heid by, and Uayable
io, sti~ mortgagee, and in the eoent uny sum oj money becomes }wyable ~iy vtrtae of such insurunce the
mortgagee shal! have the right to recei~e and apply the same to the indebtedness hereLy secured, accounting
to the mortgagor for any surplus; to pay ul! costs, charges, a?ul expenses, including lawyers fees and tftle
searches, reosonabiy ~ncurred or paid by the mortgobee 6ecause of the fatlu?~e of the mortgagor to promptly
ond fully compiy uith ihe agreements, stipulations, co?ulitions and covenants of said nofe und this mortgage.
or e~ther; to perform, eomply with and al~icle by eaeh and euery the agreements, stipuiotions, c~nnditioru and
covenants get forth in said note and this mortgage or eitlier. ln the euent ihe mortgagor fatis to pay when
due ony tax, a~seessment, insurance premiurra or other sum of money payoGle by virtue of said note arul this
mortgage> or either, the mortgagee may pay the same, without uaiving or a~ect~ng the option to foreclose
or any oH,er right hereunder, and all such payments shall Gear interest from date thereof ut the hiRhest law-
fuI rate then allowed by ihe laws of the State of Fiorida
any sum of money berein rie%rred to be not promptly puict within t~rty days ne~ct after
the same becomes due, or if each and every the agreements, stipulations, conditions and cooerwnts of said
note anrl this mortgage, or either, are not fuUy performed, eomplied uuh und abicled by, then the entfr~e
sum mentioned in said note, and this mortgage, or the entire lwlanee unpoid thereon, shaU forthwith or
thereafter, at the option of the mortgugee, i~ecome and be due ond payaGle, anything in soid note or I+erein
to the contrnry notuithstanc/ing. Failure by the mortgogee to exercise any of the rights or options herein
• provic~ed shaU not constitute a u;aiver of any righta or optio?u under said note or this mortgage accn~ed or
ther~eafter accruing. ~
~n the said mortga~;or has hereunto signed and senled these prea+ents the
day and year first abo~e icritten.
Signed, sealed and delivered in the presence of:
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STATE OF FLORIDA, )
~ CoUNTY oF St. Lucie ~
I HEREBY CERTIFY that an this day, before me, an
o~cer dtdy auttx~rized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appearecl
Charles L. Norvell, and Thelma J. Norvell, his wife
to nw k~Ki~~~o to lx• the {w~rv?n S~l~~•rilxYl in and ~~~hu ~•~i~•~ded dH~ fun•t~uink instnuix•nl u~xl t]~Y :~ckno~~•let{Recl
l~c(um u~ that they i•~iY•utttil tM~ >:uiK•-
~YIT\Etiti my hancl :md uffiri:d se:tl in the• Gn~nt}- and titatt• la~~f~~re•said this 19th clay of
May A. t~. t~? 72 `
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~ li:.itittit? ~l1~....u.. ~ - ' ° ~i:
~ v•=t~_.. j.t,~Ly«.
: . - fIlEO?NDRECOROEO
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~ . aT. wc~~ couNtir Fu. :
' ~ IIOCER P0~1RAS .
^ ; • C~ERK Cl';CUIt COURT~C~
; ; i.ii r - P.ECA~O YF_R,ctEO.._~~
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- M~ur Z3 2 sa PN'72
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~ ~o~~~i ~1948 '
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