HomeMy WebLinkAbout2863 and shall pe~(orm, comply wilh and ablde 6y encJ~ and ei~ery Il~s ogroements. sdpulnflont. oonditio~a and
corenonts Il~e?eoj, and oj Ihts mortpa~e, tRen lhis rnortgags and tl~s s~tate h~re6y croated, shnll ceass, dt-
fe?mtne and bs null a~d ~wtd.
~ fhp mo~tAa~or her~•bp ~urther covenantt and aereea 1o pay promplly wken dus th~ prirtctpal and
inte?ral and ofl~er sc:r»: o~ money proui~e~ ~or in said note a»d ttiJt moNgag~. or eit~~; to pay al~ and
stngu~or f~e taxes, assessmcnls, ~evies. ~tabi~ilies, o6litiattons, and encumb~+a~oes o~ ewry noturo oR said pro-
perly: to pern~il, rnmmif or suf~er no wwle. ~mpairmenf or delertantton of tntd ~and or t~e tmprowmt~b
fhe~rcn at any fimec to ~r~~p f~~e hui~~tnps nou~ or harra(fc~? on satt~ ~a?u~ fully i?uunecl in u aum o~ nof ~sss
ftian
in a rnmpany or ~ompani~s acc~pfaS~r io i ~e rs~~ Q~a~,. !~e po~tcy o~ po~icfe~ to 6e held by, ond ~xiya6le
to, saia morfg~c?e, anc~ in Itie euent a~y sum o` money beeomes ~ya6ls 6y utrtue of suc~t tnauroncY t~e
morlgagee shall hct~e 1he ri~ht fo e~ceivp and apply fhe sams to the ~nde6tedness hareby secu~, aeoounttng
fo ff~e mortga~or (or any aurpGis; to pay a~~ c~osts. ctiarges. and expenses. ~c~uc~ing jawyer s~ees and itljs
searc~es, reasona6ly incurred or ~~d 6y the mortgagee becnuae of fhe ~at~ure o~ the mortgngor fo prompt~y
n?u~ fully comply witl~ fl~e agrec~ntentt, slipu~ationa, c~onditions and ro~renunta oJ satd ~ote and ihia matgag~.
or eif~er; fo perfo?m, comply u~tth und a6ide 6y each and evsry !he agresmenfa. stipu~ationa. c~ondiftau and
covenants set Jort6 in said note and tRis mwlgnge or either. In the event the mo?tgagor /db to pay whfn
due any tax, assessment, insu?anc~e premium or ot6er sum o/ money pnyable 6y vtrtue o/ said note and thb
mo?tgage, o~ eifl~er. t~ie morlga~ee may pay t~e same. wif/~out waivirtg or al~ecti~g fha option to (o?ecjose
or nny otker rtpl~t bereurder, nnd all suc1~ paymenb a6aU 6ear interett /rom date tl~ereoj at t1~ higkest Iam-
~ul rnte Ihe~ allowed bp fhe laws oj !he State o/ Florida. -
~l any sum o~ ?noney herein re(enr~ io be not prompf~y pntd wit~?in thirty dari
t~e same becomes aue, o~ il eac~ anc~ e~~ery I~e agreements, stipulations, conc~itions and rnvenanb o~ sntd •
note and tkia morfguge, o~ eifher. nre not lu~~y pe~ormed, c~omp~tec~ wit~ and a6idec~ by. l~ien the snfire
sunt mentionec~ tn aaid note. ~d th~ mortgage, or t~ e entire ba~nnc~e unpoid t/~ereon. s~ ~orthwii~ or
fl~erea~ter, at the option o/ 1he mo?tgagee, bec~ome ~d 6e doe ~d pa~6le, anything in said note or I~sroin
to Ihe c~ontmry nofwilhstanding. Failu?r 6y tl~e rnortgagee to exerr~se any of t~e rig~b or opNons h~rein +
provtded shall not rnnatifule a waii~er oj any rights or optQona unt~er saic~ nofe or t~is morlgage ncrrued or
tl~ereajter accruin9-
~n ~~~Il~ 1~~`~ Itie said morfgagw has ~ereunfo signec~ antj seo~ theae presenb !he
day and year ~irst above w?ilfen.
Signed, sea~ecl and delinerecr in the presenctr o~:
,
-
Tayl_o ~ `
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ti~ Eunice F. Taylor
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STATE OF FLORIDA~ ~
~ courrrv oF ST. LUCIE
I HEREBY CERTIFY that oo t6is dar. bclore me, sn
o((icer duly authorized in the State aforeuid and in the County aforesaid to take acknowkdgments~ penonalir appeared ~
J. W. Taylor and Eunice F. Taylor, his wife }
to me known to be the pc~son S described io and who executed t6e torcgoinR instrument and ~@ uknow ~
Y ~ ~
~c~ ~ ~t ~ey ~~~~~a
WI7'I~TESS my hand and o((icial seal in the Counqr and State last aforrsaid t6is lSt ~7 ~
~jUllg A. D. 19 7 2.
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~ - ' ~ . Notary lic , State of orida `
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; - ~1y Com~mission expires : ~ ~ 7 ~ 7~
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