HomeMy WebLinkAbout1153 anrt sl~nll ~~erforn~, con~ply u:iN~ urul uLide b~~ cuch uu~! cucr~ tlie uhre~cnacnis, slipulufio~u, conditio~u and
couenants tl~ereo/, and o/ this n~ort~;a~;e, t1~en this mart~;a~;c und tl~e estutc herebi~ rrea~e~~, s1~a11 cease, de-
tennine and be m~ll anc! void.
~ ihe mort~;n~;or hereby /urther couenaiils a~ul u~;recs to j~ay promptl~ w1~en due the pri?icipal anct
interest and od~cr sun~s of maie. y proouled far in saic! note aru! lhis niort~;age, or eitl~er; to ~ay a!1 and
singular the taxes, assessments, leuies, liaLilities, oLli~;atio».s, antl encun~brances of eoery iurture on saul prop-
erty; to permit, comniit or sY~(jer no uasfe, in~~wirnient or deferiorution of said land or the improoements
ihereon at any time; to keeN the builclin~;s noic or hereu/ter on said land full~~ iruurecl in o sum of not less
than Six Thousand and No / 100 -
in a compantJ or companies acceptable to t)~e mort~;a~ee, tl~e policy or Jwlicies to be held b~~, a~ul jwyable
fo, suid mortgagee, and in the euent an~~ sum o/ moneq Gecomes }w~aGle bi/ viriue of sucl~ iiuurance t)ie
mortga~;ee shall haoe the ri~;)~t to receive atd appl~~ the same to Nie indetitedriess IiereLy sec~~red> accounting
to ilie mort~agor for an~~ surple~.s; to ~wy al! costs, chur~es, u~ul expe~~.ses, including luicyer's fees mu~ 1it1e
searches, reasonabl~ incurred or paid 6~ the mort~a~ee becuus~e of the failure of tlie mortgagor to promptly
a?ul fully compl~~ icith ihe agreements, sti~~ulatioiu, COn[IittOtis (lrlll COt~i1A?lts Of suul ~wte anrl t1~is mortgage,
or eiN~er; to per/orm> comply tcith arxl aGute by each and euen~ Nie agreements, sti~ulatiotu, conditioiu and
covenants set forth in saicr note arul tl~is mort~;a~;e or eifl~er. /n the eucnt the mortgagor fails to jwy u)ien
due any tax, asscssment, insurance premitim or other siun of mone~ ~wyable vy virtue of said note and t1~u
mortgage, or either, tl~e mort~agc~e mai~ Jwy t1~e same, ~citliout ecaiuin~; or a~ectin~ the option to foreclose
or an~ other ri~;ht l~ereuruler, and all such payments sl~ull l~eor interest fron~ clate tl~creof at il~e hi~liest la~c-
ful rate ihen allou;ed Ly the laws of il?e State of Florida.
~L a?uJ surri of money lierein re%rrecl to Ge not prompNy ~wul ~citl~in 30 days next after
the same becomes clue, or if each arul eoery the a~reeme?its, stipu/atio~u, conclitions a~ul cot~enanis of sairl
note arul tliis mort~age, or eitl~er, are not fuIltJ performed, complieci uith nnci abicled by, then the entire
sum mentioned in said note, arut this mort~age, or the entire l,alunce ~m1~au1 thereon, shatl forthwitl~ or
tliereafter, nt tlie option of the mortgagee, become and be due alul ~xiyable, mi~ihing in said note or )~erein
to the contran~ rwt~~ithstaru/ing. Failure Gy the aiort~;aree to exercise an~ of tl~e rights or options herein
prouuled sliall rwt constitute a uaiver of an~ rights or options under said note or thes mortgage accrtted or
tl~ereafter accruing.
~n ~~~~s ~hereof~ tlie said mortgu~or l~as l~ereunto si~;ned and sealed these presents the
dai! and year ~irst a)~ove u•ritten.
Signed, sealed and de ' red in die ~~resenee of:
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STATE OF FLORIDA, )
Cov~'rl oN St. Lucie ~
I HEREBY CERTIFY that on this day. I~eforc mc, an
ofGcer dul~• aut}x~rized in t}x~ State aforesaid and in the C~unty aforesaid to take ackno~~~leelqmrnts, perwnally appcarecl
Carl E. Flippen and Mary R. Flippen, his wife
to ~no k~N~~~n tu IN~ NN• ~x•rW~ng d~~a•rilx~~l in an~l ~clH~ i•~~~t•ult•d th~• (ur~•~uinK in>tnwa•nt au~l they ack~H~~v1cKlKtr1
Ix~(on• u~t• that they i•~~rut~~~l tlu• >aiu~•.
~1'17'\I~.tiS ~u~• h:~nd and uf(i~ial ~e.?I in Ih~• Cu~iuh :u~~l tit:di~ l:nt :~f~~r •;tiil ihi. 1'4th. day of
September ~a~ 72• ~
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- NOtARV PUS~1C STw~ ~~~R~nA 4T 1 ARGE
.ar CO~..:h~sS~~N ~~RES NOV. 12, 1975
~i~ivi~RAL INSURANICE. UNI~~~...•a ~c~t,,-
' F ~0 ANO AEGOR~~
\ ~ r., : ~ f i~. LUCIEQG~o
NRAS aT [
ROCf.
. `r _ ~ - CIERK C~~~~Ult COU
. ~ ' ! ' ` RECQP~' YERts~EO
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. . . . : ~ 15 ~ Zo eH
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