HomeMy WebLinkAbout1973 und shall perform, com~ly uiN~ und aLule Gy cucl~ a~~d evcr~ the uRr~>en~enls, stipulutions, corulitioru and
covenants d~ereo/. a?ul oj this mortKa~;e, then this mort~a;;e u~ul Nre estatc 1~ereby created, s)~all cease, de-
te?mine and be null and twid.
~ ihe mortgu~or hereby further covenants a?ul agrees to pay Nro?nptly when due the principol and
inierest atul other suma of n~one~ proukled for in said note anc! i1~is mort~;uge, or either; to pay al! and
singular the toxes, asses.rn~ents, leuies, IiaLilities, ol,ligetio~~s, a?id e?u~umbrances of every nature on saul prop-
erty; to permit, commit or su~er no uaste, impairment or deterioration of saed iond or the improvements
thereon at any i~me; to keep the buiidinbs now or hereafter on soul land fully ~nsured in a sum of not less
than
in a company or com~wnies acceJ~table to the mortga~;ee, the ~wlicy ar policies to be held by, and payable
to, said mortgagee, arul in the event any sum of money Gecou~es }wyable 6y virtue of sucl~ i~uuronce the
mortgagee shall I~ave the right to reeEive and o~ply the same to ihe indel~tedness here6y secured, occounting
to the mortgagor for any surNlus; to Nay alI costs, charges, vrul expenses, including iawyer's fees and title
searches, reasorwb~y incurred or jwid liy the morthagee l~ecause of the failure of the mortgagor to p~omptly
and fully compl~ with the agreements, stipulations, corulitions arul covenants of said note a?ul this mortgage,
or either, to perform, comply with and al~ide Ly cuch and every d~e agreements, stipulations, conditions and
covenants set forth in said note orui this mortgage or either. In ihe event the mortgagor foils io }wy when
due any iox, assess?nent, insurance premium or other sum of money payable Gy oirtue of s+aid note and this
mortgage, or either, the mortgugee may ~ay tlie sa»ie, u,~thout icaiving or a~ecting the option to foreclose
or any other right hereunder, and uU such payments shvl! Gear interest from date thereof at ihe bi~hest law-
ful rate then allou;ed by the lauu of ihe State of Florida.
any sum of money herein referred to l~e not promptly J~aul within thirty days next after -
the same l~ecomes due, or i~ each and every the agreements, stipulations, conditions and eovenants of said
nore atul rhu mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire Galance un~wici thereon, shall forthwith or
thereafter, at the option o/ the mortgagee, l~eeome vnd Ge due arul payaGle, anything in said note or herein
to the contrury notwithsta?uling. Failure Gy the mort~agee to exercise any of ihe rights or options herein
provided s)tall not constitute a u:aever of any rights or options under said note or this mortgagt occrued w
therea
f
ter accruing.
~n the said mortga~or hos hereunto signed and sealed these presents the
day and year first above tcritten.
Signed, seal~ a 1 delioered en- he ~resenee of: ,
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~ STATE OF F'LORIDA. ~
CoUtv't~t oF St. Lucie ,
I HEREBY CERTIFY that on this day, before me, an
~ o~cer duly authorized in the State aforc~said and in the County aforesaid to tai:e acknowledgments, personally appeared
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Alku s L. Dunn and Ann Ruth Dunn
to nx~ kiK?~~n to Ix~ iFn• ~x•n~~n S d~~cc•rilxYl in and ~cFM ~~~~r•~d~~d tl„• iun~~oink inctn~nK~nt :uxl t~y :~rktK~~~~ledRed
I~efon• uu• th:d they t•\l'l'U~IYI (IN• x?nH•.
~~'IT\Eti5 m~• lr.md and ol6cial se:tl in th~• C'a?~mh~ nnd titati• I:~~t afuri~said thi~ ZZACI day of
May A. i~_ i~~72
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~ I~-G-73 -.,~i:~c~ ~
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F~~EO ~~c ~ECOROto - ~ . :
ST.LUCIE COUNTY f~A.
ROCE~ PO?TR~S ?
CIEaK ~•~~UI? COURT ~
RECOR~ YE~'FIEO.~+-~
N~,r 1~I 9 36 AM'1Z
230064 P~~~ ~19?1 I
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