HomeMy WebLinkAbout0270 and sha)1 ~~erjorm, comj~l~~ icid~ uncl ul,ide by iu~•l~ u~id ~~c~•ry N~c u;~rccmcntc, siip~~latio~u, con~litio~~s and
cooenants thereo/, arul of ~his mort~;a;;e, then tl~is ~nort~;a~cr ~uu! N~c estatc l~crcl?~~ creatc~l, s)~a11 cease, tle-
termine and be null and void. ~
~ the mort~;a;;or herebq further couenants aiul u~;rees to Jxr~ pro»iptly when due the pri,~cipal aral
interest Qnd other stu»s of nione~ provrde~l for fi~ sae~l nate a~ul tl~is »iort~;age, or either; io Jwy all n?u1
siiigular tlie taxes, asscssnieiits, le~ics, liabililics, obli~;ntia~u, and enc~unbrances af c~;e~ry ~uiture on saul NroN-
erty; to permit, comn~it or suQer no iiuste, imNuirmenl or deleriorution of said l~nd or tlie improuenients
tl~ereon at any time; to keep the buildintis noic ar )~ercu/ler on soid land futly irut~red in a se~m of not less
than '
in a company or comjxinies qcceptable to tl~e mort~;atiee, tl~e policy or J~olicies t~ Ge hel~l Gy, and ~x~yable
to, said mortgngee, and in the ei;ent any sum o~ mo~~e~J l,ecanier ~xu~able bry virte~e af such i~~stera?ice t)~e
mortgagee shall haue tl~e ritil?t to receioe and appl~~ tl~e same io tl~e inrleLtecl~iess hereby secured, accounting
to tl~e morfgagor for ane! surpltu; to ~~a~ ul! costs, clrurFes, arul ex~~er~.ses, incli~ding la:cifers Jees und title
searches, i~eosonal~ly incerrred or ~aaFd I~rJ the »ro~t~a~;ee becae~se o~ tl~e failure o~ d~e n~ortga~or io promptly
arul /ulli~ conr>>l~ uith the agreements, stipulatioi~.r, conditioru and cocenants of said note ancl this mortgage,
or either; to ~~er/orm, comply tcitli ant! abide by cuch and euer~~ N~e a~reeme~its, stipulations, conclitiotzs nnd
covenants set forth in suid note a~ul this mort~;ore or cither. Iri tlie eucnt the mortgogor fails to ~wy tcl~en
~lue an~/ inx, assessment, iru~e~rance premium or other s~u?i o/ mo~~y ~wyable b~ vertue of saicl note arui this
mortgoge, or either, the mortga~ee mm/ ~xty the snme, uithout icaiuin~; or affecting the option to foreclose
or aneJ other rigl~t liere~~ncler, uru! nll sucle Jx~yme?its sl~ull beur interest Jroin date d~ereof at tl~e ~~i~liest la~c-
fe~l rate ihen ntloued b~~ tlte la~cs of the Siate of Florula.
~l any s~~m of money herein re(errec! to be not ~~romptly paul ~cithin thirty datJs next a~tcr
the same l~econies dae, or if eacli and even~ the agreenients, sti~~ulatioi~.r, corulitions and cooenants of said
note anc! this mort~o~;e, or either, are not full~ per/ornied, comj~lied icith ancl abided by, then the entire
su?n mentioriecl in said note, arul tliu morttiage, or tl~e entire balance unpaul tl~ereon, shnll forthwed~ or
therea~ter, at the ot~l~on of the mortgagee, become and ~ie d~~e a?ul Jwyal,le, an~hing fn saul note or l~erein
io tl~e contrunJ not~ciN?sfai~dind. Failure b~ the mort~o~;ee to exercise nny of the riglits or oNtions herein
prouuleci sliall not coiutitute a uaicer of an~ rights or optioru under saict note or this mortgage acerued or
tl~ereafter nceruing.
ln ~~~~s ~h~of
~ the said mortgatior )ias hereunto si~ncd and sealed these presents the
day arul t/enr firsCabOtle ~critten.
Signo_d, sealecl and deliuered in fhe pr~esenee of:
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STA'i'~ OF F[.OR2DA, ~
Coli~TY oF St. Lucie '
I HEREBY CERTIFI that on this day, befom me, an
of6cer duly aut}x~rized in t}x~ State a(oresaid and in the County aforesaid to take ack~o~~~ledgments, perwnally appearecl
~ Jr.
Hubert H. Hurst, and Patricia J. Hurst
h: tim ktN~~cn tn IN• th~• pe•rWm S d~•scrilx•d in :u~d ~~fN~ ~•~iru[i•~1 fh~~ tur~•~oinK instnnu~•nt :tuel they :u•k~wi~•1etlRetl
lx•fum w~• tl~:~t they i•~~~~•ntirl ih~• ~:wK•.
\~'1"P~l?Sti n?~• h:tnd and ul(ici:d x:tl in th~• Cunnh~ :tn~l tit:di~ la~t afuri•.ctid thic 1SY • s• of
Septemb~.~l~.' i~~ 72 _
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