HomeMy WebLinkAbout0264 nnct shnll J~er(onn, coin~~l~/ u•ith urul uLidc Ly cuc•h uu~l i~~i•rJ thc u~rrruu•n/s, slipulatio?u, conditiorts and
covetwnts thereo/. and o/ Ntis t?iort~u~e, then t1~is ~uort~;u~c~ uud Il~c rstut~~ 1~crcln~ c•rcutetl, shall cetue, ~le-
tennine and be null aru! void.
' ~ the mort~;a~;or )+ereby /urther cooenanls uiul u~;rees fo pay ~~rompf?y tchen due ~he {~rincipal and
interest and othrr s~un~s o~ moneJ prouided /or in said ua~e arul t)~is uu~rthn~c, or eid~er; fo jw,y all ancl
singular the taxes, assessments, Iccics, IiuGililics, obli~utia4s, an~l cnr~unbrunccs of cucry ~wture on suid prop-
erty; to pcrmit, con~iuit or suBcr iio icaste, im~x~irn~enl or de~criorution o/ suid fc~nd or tl~e i~nprooements
thereon at any time; to keep the Luildinhs nou: or hercu/ter an said lund /i~?h~ i?uured in a sum o/ not less
ihan
in a com~wn~ or co?nJ~anies ucceptuble to the mort~;a~;ee, N?e j?olicry ar ~~olicies to ~~e l~eld 1~~~, and Nayuble
fo, said mortti~~ee, and in t)te euent nny s~t~n~ o/ moneq l~ecanes pu~~able br/ virh~e o~ seich i?~surnnce the
mortgagee shall hnue N~e ritiht to receice a?ul app1~~ the same to tl~e indebted~~ess )~ere~~J s~cured, accounting
to the mortga~or for uny surplus; to ~wy al! costs, cliar~es, und ex~x~r4ses, including (a~cyer's fees a~ul tetle
searcl~es, reosorwbly incurred or ~wid b~~ tlie n~ort~;utiee becc~us~e o/ N~c /ailurc aj N~e n~ortga~or to promptly
arul fully co»~pG/ icith ilie a~;reen~ents, sti~~ulatio?u, CO?1[IlflOf4s ~nd coce?~ants oj suid note and tl~is mort~a~e,
or eitlter; to perjor?n, compiy iritl~ a?u! obide bt~ cuch and euery N~e a~rcerr~ents, stipulations, conditio?u and
cocerwrtts set farth in saicl note arul this mort~;phe or either. /n the eocnt N~e mortgagor fails to ~luy ichen
due any tax, assessment, iruurance ~~remium or other su?n o/ moncy ~x~yal,le by virtue of said iwfe aiul N~is
mort~a~e, or either, the mortba~ce may J~ay the same, u~ithout icaiuinti or a8ecting the optia~ to foreclosc
or an~ oN~er ri~l~t hereunder, arul all such ~wi~ments shall I,car interest froni date thcreof nt ihe hi~hest la~c-
fu! rate ihen allou%ecl b~ ti~e laws of the State o/ Florula.
any st~m of money herein referrerl io Le not promptly paid u•ithin thirty days next afte?
the same l,eco~nes d~~e, or if each a?ul euen~ Nie agreements, stipulutio?~.s, coiulitions and covenants of said
note anr! t/~is mort;~a~e, or eit)~er, are not full~ performed, com~~lied u,•ith a?ul atiicled by, then the enfire
sunz mentioned in said rwte, ancl thes morttiage, or tise entire l~alance un~wul thereon, s1~a11 forth~cith or
ihereafter, at the o>>tion o/ the mortgagee, become and Ge due a~ul ~w~~al~1e, an:Jtl~ing in said note or herein
to Nie contran/ ewtuilhstaiu/ing. Fnil~ire the mort~;n~;ee to exercise an~ 9~ t1~e-rt+~hts or options herein
provuled sl~all not constitiite a~caicer o/ any ri~;l~tq,or o~~tioi~.s tint~er saicl note or thu mortgage accnied or
tl~ereafter nccruing.
~n ~itness ~hereof~ ihe said mort~;n;~or has 1~ere~into si~ncd nncl sealed these presents the
da~~ aiul year first aJ~oue u•ritten.
Signecl,~ sealed and clelioered in tl~e presence of: '
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STATE OF FLORIDA, ~
CoU~'c~' oh St. Lucie
I NEREAY CERTIFI' that on this cla~•, lrefom me, an
oH'icrr duly ae?tM?rized in the State aEorrwid and in the Count~- aforesatitl to take ackno~sledKment~, perunully ap~x~ared
R. Madeliene Buchanan
tu me~ kuu~cn to Ix• QN• jx~ram ~I~•u•rilx•d in :~ud ~cIM~ ~•~~Y~id~~~l dn• tur~~~,uinL in.lnuui•nt :uul S~le aa•k~w~cit~d~:tvl
~xdum ~n~~ ll~nt S~i@ i•~~~•idi•~1 t~~o .:un~•. -
~\'1'1~\l•:Sti ~u) hand :tn~1 ol(ici:d .~•al in thi• Cu~inh :mil tit:d~~ I.t.t :dnn-.:ud thi~ ' 7t~1 da)• of
July .a. t~. ~~~72 j~
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~ CLERK C'3~~~1i1 G01faT , - '
1lfCOR~ VF~!=~EO 't~ _ _
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aooK 2 4 PAGE z64
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