HomeMy WebLinkAbout0037 and shull perJorm, comply u~ith and abide 6y each and PI~PIy !he agreements, sttpulntions, condilions nnd
corena.~Is ~hereoJ, nrid oJ this mo?t~a~e, then this mortgafle and Ihp eatate hereby rrpated, shall cea~e, de-
te~me?te ancl ~e ~~ull and roid.
Tin~ the mortganor ~~en+by (urf{~er covena~ts ancl agrees fo pay promptly when ~Iue Ihe principal artd
inferrs! and other sums o( muney provir~ec~ ~or in said note and !hu mortgage, o~ eif{~er; to pay a~~ and
sIngular fhe laxes, assessmenfs, l~i~ies, lin6ililies, o6ligations, and encum6rances o/ every noture on said pro-
pe~ty; fo permit. commit o~ su(/er no u~nste, im~.+airment or dete~ioration oj said ~and or 1{~e improuemenb
therncn nf any lin~~; fo ~PPn IhP buildin~s rtou? or her~aJl~r on c~id Iand /ul~y insiura in a sum of not le:i
~han
in a com~ny or campanirs qCCP~IA6I0 fo Ihe mortgaflee, the po~icy or po~icies !o ~e+ hetd 6y, a~d ~yable
fo, saic~ morlc~agee, anc~ in Itin e~~enl any sum oJ money 6ecomes paya6[e 6y vi?tue o~ suc~ ensurnncn the
11t0/~gQfJPP SIIQII ?IQt~P ~hP flg~~ ~O ~M'PII~P QRd apply Il~e same to fhe inc~e6tedness ItPM~y SPCUI'@d, QCCOUII~IR9
!o Ihe morfga~or Jor any surplus; to pay a~~ costs, c~argps, and expenses, inclutlir~g ~awyer~s ~ees and tit~e
search~s. ~easo?ia6ly incurre~ or paid by ihp mortgagee Secause oJ fhe Jai~ure o~ t~e mortgagor to prompf~y
an~ ~u~~y comp~y u~~~h ~hp aflree~m~nts, slipu~ations, conditions and coi~enants oJ said nafc+ und this morlgage.
or eil{~er; fo pe~(orm, compb with and a6ide 6y each nnc~ every the agreemenfs, stipt~~afions, condilior~,r nnd
covenanfs set ~orl~ en said nofe anc~ this mo~tgage or either. /n t~e eaent !he mortgapor (ai~.s to pay wtien '
c~ue any tax, assessmenf, insuranceR premium or other sum o~ money pnyob~ tiq virfue o~ sait~ nole nnd f~?is
mortgage, or eit~i~r, t{~e mortgagep may pay t~e same, withotd u~niving ur n~fecfing f~e optiott to forec~ose
or any otl~er rig{~1 hereunder, anc~ alI such paymenfs sJ~all 6nar interest ~rom dafe the?ro~ at Il~e ~ighest law-
~u~ rale f{~en a~~owea Ry I~ip ~au~s o~ t~ee $tafe o~ ~'~orie~a.
a~3 sum o~ mo?iey tierein reierr~ to be not promptly paid wittiin c~ays nexl n~ter
f~e same 6ecomes c~ue, or i~ ea~:h and every the ayreements, stipulations. conclitions anc~ cover~nnfs oJ said
note and this mortgage, or either~ are not f ully pe?~ormed, complied wit1~ and abided Gy. then fl~e entire
sum mentioned in said note, and tl~is mor~gage, or ll~e enlire bu~nnce unpaid 11~ereon, s1~all (ortl~u~ith or
tl~ereajter, al the option o/ the mortgagee. 6ecome and 6e due and payable, anylhing in anid note or herein
fo f~ie contrary notu?ithstanding. Failure by the mortgagee fo exercise any oj t~e rights or options ~erein
prouider~ shall not constilute n u~aiver oj any rig~ts or opfions unc~er saic~ ~ote or t~is martguge accru~ or
t?~ereaJler accruing.
i~ ~~~`0{~ /tip saic~ morfgngor tias F~preunto si,qne~ ancl sealer~ tl~ese presenfs the
c~ay an~ year ~irsl ahovp u~ritten.
Sfgned, sealed and delii~erecl in tF~p prnsencp oJ:
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~ STATE OF FLORIDA~ ~
~ CnUNTY OF ST. LUCIE ~
~ I HEREBY CERTIF~ehat on this day, before me. an
offic~r duly authorized in the'Stat~ aforcsaid and in the Count~• aforesaid to takr a~nowkd.qrr.entt, prrsonaily apptand
S~iELDON J . COX ~
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~ W me known to br the pe~rson deuribcd in and who eaecut~d the for~qoirfq inatru~ent and {1e xknowkdRed
be(Or'e me that he ~x~cuted the same.
~ WI•TNESS my hand and of(icial xal in thc County and Stat~• lati' aforesaid this day c~f
~ ~ A. D. 19 72 ~ j
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~ : ~ . _ , ~~~art? PubSc. S.ate oi Flfxic.'a ~1 ta:5e "Q,
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"ll~is Inslninr~irl rr md 6 CNARLES E. BECHT, ATTY. ~
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~ Ad~ln:u P.O. Box 548, Fort Pierce, Florida p R ~t~ e~ F
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