HomeMy WebLinkAbout0188 antl sl~nll ~~er/orm, comply u'ith untl aLi~le J~~/ cucl~ und evrr~ the u~r~c~r~e?~fs, stip~~lations, conditioru and
coi;erw?ets tl~ereoJ, and o/ Ihis »iort~;u~e, the~t this n~urt~u~e und fhe estntc l~crcl~t/ crealed, s1~a11 cease, de-
termine and he null a?ul void.
~ ihe mortga~or l~ereLy ~urthe? covenm~fs und a~;rces to pa~ promptl~ tchen due tlie princiNal n~ul
interest and other sums of moi~e~ prouyled for en sair! nate a~u! thls ~nort~;age, or either; io ~w~ all muI
singular the taxes, assess?neuts, leoies, lial~ililics, oLli~;atio~~.s, and enc~unGrunces o/ cuery iwture on soitl Nrop-
erty; to ~~ennft. commit or suBer no uuste. impairn~e~~t or deteriorafion of said land or the intprouements
thereon at any time; to keeN the l,uilJin~s noic or hercajter on saul land futly i~~s~rrcd in a sum of not less
thnn
in u company or comEwnies acceptnl~le to f1?e mort~;a~;ec~, tl~e polic~~ or J~~licies to Le hel~l by, antt ~wyuGle
to, suid rnortgagee, and in tlee euent a?iJ sYUn o/ mo~u y Lecomes ~~ailaGle Ly virlue of sucl~ uuY~rance ilie
mortgagee shnll liave tl~e ri~;ht fo receiue and nppG~ N~e san~e to the ~hdebted?zess here~iy secured, accounting
to the mortgagor for an~~ s~~r~~lus; to ~wy al! costs, cl~urges, mul ex~~erises, including latcyer's fees a~ul iitle
searches, ~easonabl~ incurred or paul by ti~e more~;uhee because of tl~e failure of t/~e rnortga~;or to promptly
a?ul fully com~~1J ~cith the ogreements, stipt~latioiu, coru~itior~.r arul cot~enants of saul tate a?ul this mortgage,
or eiiher; to per~onn, compl~/ iciN~ a?u~ abule bi~ eac1~ and eoery N~e uareements, stipulateoru, conclitio~u nnd
covenants set forth in saul note arul this mort~;ahe or eeN?er. ln the eucnt the mortgagor fails to ~wy uhen
due an~ tax, assessment, insurance premium or other sur?i o/ mo~ie~ ~xiyaUle by virtue of said note arul this
mortgage, or either, tlie mort~;a~;ee may pay t1~e some, icithait icaivin~; or aBecting the option to fpreclose
or any other ri~ht hereuncler, anci all such payments shall 6ear interest from date thereof at llee hi~l~est lau;-
ful ~ate then allou;ed Gy the lau;s of the State of Florkla.
~l any sum of money herein re/erred to be riot prompt~y ~wul ii~ithin thirty days next ofter
ihe same l,ecomes due, or if each and e~ery t1~e agreen~ents, stipulatioi~.s, coru~itio?u arul cooenants of saici
note and tliu mort~;atie, or either, are not full~ `~erformed, complied ieith o?ul abided by, tlien the entire
su?n mentio?ied iri sai~~ note, and this morthage, or tbe entire bala~ice unJwul tliereon, shall forthicitl~ or
thereafter, at tl~e ot~tion o~ the mortgagee, ?iecome nnd be due mul jxie~able, an~hing in said note or herein
to t)ie contrary notuuithstanding. Faih~re 6y the mort~;a~;ee to exercise an~~ of tlie ri~hts or o~tio~.s Iterein
proculed sha[I not co?utitute a uaiuer of an~ rights or optioru uruler said note or this mortgage accrued or
iliereaftcr accruing.
~n ~itness ~hereof~ the said mort~n~;or has hereunto si~;ned and sealed these presenis tlie
c~ay and year ~irst alioue u-ritfen.
Stt~~ned~ sedled a?ul deliuered in Nte ~+resence of: ~
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~ STATE OF F'LORIDA,
€ CoUNTY oF St. Lucie ~ .
~ I HEREBY ~ERTIFY that on this Jay, 1?efore me, an
~ officer d~dy authorized in the State aEorccaid and in the County aforesaid to take ackno~~ledgment+, personally appearecl
° O. C. Peterson and Olive D. Peterson
to uN• I,~Hi~cn tu Ix• th~~ ~w•rwrn S ~I~~crilx•d itz :~n~l ~cM~ ~•~iY•id~•~I tIN• fun•t~uinK imtrum~•nt and they ack~H~~~'letiKetl
lk•fum ~n~ t{~:~t they l'\lY'lltlYl H1C tilllll~.
\\'1'1'\Etiti m}- hand :u~d ufTici:J u:d in thi• Cu~uity and tit.di~ I:?~t alnrc.tid thi~ iQth day of
AuguSt :a. U. 1~l 72 " ~ ,
~ 23sa~a;~ ~.~~~1~~ - -
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~ FILEO A!~~J RECQRDEO ~ '
ST. IUCtE COUNTII f~A. '.Votary Public - State of ~a~Y~
~ ROi,EF. POITRAS BondeJ .lmerican Baakqrs Iiau J
~ CLERK C~k;,UIT COURT ~ ~p~J
~ i1ly Commisaiua Espirea: 190~. 6~.~73• ~
RECOP,~ VE?:'~1;0~~
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