HomeMy WebLinkAbout2779 a~~ sha~~ perJorm, comp~y wifk a~~d ab~de 6y ~T~ and every !~e agreemenfr, atipu~attoris, condittoni and
rn~~enanls tl~ercwJ, and oJ Ihis morfeape, tl~en this mort9aee and tl~e estale here6y crented, shall c~u~, d~-
te~mine and 6e null and iroid.
fhe morlgago~ her~by ~urfhe~ couenanf: and agreQS to pay promptly whert clue ths pnncipnl and a
inferest and other sums o~ money prouided ~o~ in aaid nota and thb moHgage, or eit~er; to pay aII ar?d ;
singu~ar t~e ta.res, assessmenls, ~evie~, ~iabi~Ities, ob~igalioru, ancl encumbmncea o~ every nnfura on tat~ pro- ~
pe~ly; fo permit. commit or su~le~ no u~wfe, impui~ment or deleriornfton of said land o~ fhe improvemenb ~
thereon at any time: lo knep the buildings now or he?wa~lpr on caid land /ully tns~u+ed in a sum o( not les~ ~
thon ~ ~
in a company or rnmpanies accepta6le to t{~e mo?tgagee, fhe po~icp o~ polictes to 6e held by, and ~ya6b
to, sai~ mortgogee, an~ in the event any su?n o~ money becomes ~yabl~ by vittue of suck tnaurancs l~~
mortgagee shall have t1~e right to receive and apply the same to the inde6tedness I~ere6y secured, aeeounting
to f{~e mortgagor ~or any surp~~u; fo pay a~~ coste, charges, and expenses, inclu~tng ~awyer~i (eea nnt~ lif~
searches, reasonably incumecl o~ pt~id by tl~e mortgagee because oj ll~e ~nilure o~ tl~e ~no?tgagor to promptly
and Ju~~y comp~y wit~ t{~e agreemenfs, stipu~afions, concritions and covenants oj said nofe anc~ thia mortgaga.
or eitl~er: to perJorm, rnmply u~ith and abide by enck and every the ngreements, stipulntiona, condittona nnd ~
covenanls set ~orth in snid note nnd fhia mortgage o~ eithe~. In the enent the mortgagor /~4 eo ~y when
due any tax, nssessment, insurance premium or other sum o( money pnya6le 6y vtrtue oj snid note nnd tl~ts
n~ortgage, or eit/~er, the morfgagee may pay f~e same, wit/~out waiving or a~~ecting f~e option to ~orec~ose
or any other rigl~t I~erc~under, and al[ such payments shall 6ear inlerest (rom date tkereo/ at tl~e I~ighest law-
~ul rate then allowed 6y Il~e laws of the State o/ Florida.
any sum o~ money herein re~erred to be not prornpf~y paid wilhin thirty days next aJter
the same 6pcomes due, or i~ encl~ and euery 1he agreements, stipulntioru, conditions and eovenanta of sate~
note and lhis mort9age, o~ either, are not (ully perjormed, complted u~it1~ nnd a6~d@d 6y, then the entire
sum mentioned in snid note, nnd t6is mortgage, or !he entii+e 6alance unpnid ther+eon, al~ll /orthwill~ or
thereajler, at tl~e oplion o( the mortgngee. 6Frome and 6e dus and paya6le, anyt6ing in said note or herein
to t~e conlrary nofwitlutanding. Failure by fhe mortgagee to exer+cise arty o` f~e righfs o~ optiona heretn
providec~ sha~l not constitute a waiver o( any righfs or opfions under saic~ nofe or t~is mo?tgnge atccruetl or
l~ereajter accniing.
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n ~lll~ 1~[«Ol~ fhe said morlgagor has hereunto signed and sea~ed these presenta t?~e
day and year ~irst above u~riffen.
Stgned sealed and delivered in the presence o/: .
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Grace S. Falls
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~ STATE OF FLORIDA. ~ ~ ~
x COLNTY OF ST LUCIE
E ' i HEREBY CERTIFY that on this day, be[ore me, sn
~ officer duly authorized in the Stat~ afor~said and in the County a(oresaid to tak~ acknowledgments, penonally appeared
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~ MILES W. FALLS and GRACE S. FALLS, his wife
~ to me known to br the person S describcd in ard who executed the foregoing instrument an~: ~h0 acknowledaed
s
~ beforc me that t~'1@y ~zecuted the same_
~ WL•~'NESS my hand and o(ticial seal in the County and State last aforesaid this ~c~'~s-~~ day o(
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A. D. 19 7 2~
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