HomeMy WebLinkAbout0529 and sl~all perjorm, comply u~ith and a6ide 6y each ond eae?y t/~s agreements, stlpu~nfio~i, conditions and
coi~enanls thereof, and oj fl~is mo~lan~e, tl~en this mortpn9e and t~e estate hereby crrated, s1~all cease, ds-
fermine ancl be nu~t and roitl.
lUN~ fhe mo~tga~o~ ~~en+by (wf~e~ covenanfs anc~ agrees ln pay promptly when c~ue f~e principa~ and
infereal anc~ of~er sums oj money provlded ~o~ in sold ~ote and f~fs morfgage, or eifher; to pay a~~ wtd
stn~u~ar f~e taxes, assessmenls, levies, ~iabi~ifies, obliga~ion:, anej encumbrnnces o~ euery nature on anic~ pro-
perty: fo permit, commif or suf
fer no ft~pSlP, impairmenf or e~eferiorotion oJ saic~ ~and w the improuemen4
~I1PhPCli Qt Qlty tIIItP; t0 ~PPp lAP huil~Iings nuw or ~PMQl~P~ Oll said land JU~~y ~IISW~ 1~1 (1 SUItI O~ IIOZ ~l~
tl~an MA,XIMUM INSURABLE VALUE
~n a company or companies accepta6le 1o the mortgagee, Ihe poltcy o~ poltcies !0 6e held by, and pnya6l~
to, suic~ mortpagee, anc~ in !he event any sum oJ money becomes ~wyabl~ 6y virtue o( suc~ insu~ance !~e
mortgagee shu~~ have fhe rig/~! to ?eceiue anc~ apply tf~e same to tl~e inde6tedness ~ere6y secured, aceounfing
to Ihe mortga~or jor any surp~us: fo pay a[~ cosfs, c%arges, ane~ expenaes, inc~uc~ing lawye~ s~ees and ttt~t
sea?ches, reasona6ly incurre~ or paicl by tlte morfgagee because o~ t~e ~ai~ure o~ f~e mortgagor !o proinpfly
nnd fully compjy wil~ t~e agreeme~~ls, s(ipu~ations, concritions and eo~renanfs o/ said ?eote and this mortgage. •
or eil{~er: [o per(orm, comp~y u~ifh and abide by eacl~ nnc/ every 1{ee agreemenls. sfipu~otions, conditio?u and
covenants sef (orfh in sQid note we~ f~is inorlgage o~ either. ~n the event ftie mortgagor ~ai~t fo pay wtien
due any tax, assessmenl, insurAnce p?rmium or oftie~ sum of monep poya6le 6y vtrlue oj satc~ note and fhis
inorigage, or eittier, fhe mortgagep may ~y el~~ sarrie, wil{~out waiving or a~~ecfing ttis option to ~oreclose
or any olher rigl~t hereunder, antl alI sucf~ payments shall'bear interest (rom c~ate tl~ereoJ ut the highes! law-
~u~ rate then allou~~l 6y ~he laws of the State oJ F[orida.
~l any sum oj money {~erein re(erre~ !o b~e not prompl~y paid within thirty dnyt neact a(fer
the same becomes c~ue, or iJ ench and every ll~e agreements, stipulations, conc~itions nnd covenanta o( snid
note and this mortgage, or either, are not ~u~~y perJormecr, compliet~ with and a6~ded 6y, tken tlte entiro -
aum mentioned in said note, and this mortgage, or the entire balance unpaid tl~ereon, s6aII Jorfl~with or
the?eafler, at t{~e option oJ the mortgagee, 6ecome nn~I Ge c~ue and puyable, nnytl~ing in said note or herein
to fhe contrary nolu~itl~slanding. Failure 6y tl~e mortgagee to exencise any o~ ttie rtg~ls or opttons ~er+eln
prot~i~ec~ sha~~ nof fORS~IIIIIP a wai~er o~ uny rights or opfions unc~er saicl note w this mortgage accrued or
therea(ler accruing.
~n ~~LIl~S ~~Ql~ fhe saic~ mortgagor f~as J~ereunto signee~ ancl sea~e~ theae preaenls !he
day and year ~irs! abo~~e u~ril[en.
SIgR~, SPQ~~ and de~P7P~ IR ~~P tpSPl)CP OI:
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. ~j~, ~es ~ Denmar
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s elle M. Denmark
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STATE OF FLORIDA, ~
COt'\TY nF ST. LUCIE
I HEREBY CERTIFY that on this day, be(orc me, an
offi~er du!}• authorized in th~ Stat~ a(or~said and in th~ County aforesaid to takc acknowledqmenb, }xrsonally appeared
JAMES DENMARK and ESTELLE M. DE~lMARK, his wife,
to m~ known to br th~ porsonS dexribcd in and who ezccutrd th~ fore`oing instrument and they acknowkdged
beforc me that they nccuted the same.
~~'I"i'!`EtiS my hand and of(icial ual in th~• County and Stat~• last aforcsaid this di~l o(
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June n. ~9 72 . , , -
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Notary Public Sta~f ~~ofi3i~,d~
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