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HomeMy WebLinkAbout1287 and shall J~er/orm, comph/ icit)t und aLide Ly eucli un~! ce~~r~ N~e u~rccluents, stiJ~ulatio?u, ca~ulitio~u and cocenants thereo~. and of tl~is ~nort~;~~e, then this morl~;~re uud t1~e estatc l~ereby creafed, s)ia11 cease, de- termine and be null and void. ~ the mortga;;or hereGy further couennnts and a~;rees to ~wy ~~romptt~ iuhen due the Nrincipal aiul interest and otl?er sums of moneJ ~~rouicled for tn sairl note a~ul this morttiage, or eitlier; to ~wy all aiul singular the taxes, assessmenis, leuies, IiaGilifies, abli~;atio?4s, nnd enc~n?~brances of euer?~ ~wture on said prop- erty; to pcrmit, commit or suBcr r~o uaste, i~n~wirme~it or ~letcrioration o/ said land or ihe improvements thereon at an~~ time; to keep d~e l~trilclin~;s noic or hercu/ter on suid lund full~ i~uured in a suni of not less ilian in a compvny or comJ~anies occe~~table to tlie mort~a~ee, the palicy or policies to be l,eld by, and ~wyable io, said mortga~ee, and in the ecent any s~~m of ma~ie~/ Gecor~~es ~wi~aGle by vireuc of sucli i~u~~rance tlie mortga~ee shal! haue tl~e ri~;ht to receiue and aJ~piy the san~e to t?ie indebtedness hereLy secured, accounting to t1~e mortgagor for any surplt~.r; ro jwy ~,Il cosrs, cl?ur~;es, aiul exj~e?u~es, includin~ latcyer's fces arul title searches, reasonnbly incurred or ~wid b~~ the n~ort~;agee Gecnuse of the failure of ihe mortgagor to promptly and fully com}~l~/ u'ith ihe agreements, stipulatio~u, corulitio~u nn~l co~e?iants of said rwte and this mortgage, or eid?er; ta per/orm, comply uitla antl abi~le by cade nnd ecerq N~e agreements, stipulatio~u, conditeo~u and coverwnts set fortl~ in saul note nnrl this mort~;u~;e or either. 1?i die eucnt the n~ortgagor fails fo j~ai/ icl:en due an~ tax, assess~nent, insurance ~remium or otlier sim~ o/ rno~ie~ Jwyable 6y oirtue of said note a~ul N~is mortgage, or eitlier, the mort~;agee may ~wy the same, uid~out u~aivin~; or aBecting the o~~tion to foreclose or an~ otl~er rigl~t hereuruler, arul all siich ~xiyments sl~al! Gear interest frorn ctate ihereof at the hi~liest la~c- ful rate then allou;ed b~ the la~cs of the State oj Floricla. ~l any sum of money l~erein referred to be not promptly ~wi~l ~cithin thirty days next nfter the same becornes due, or if each arul every tlie agree?nents, stipula~io~u, conditions and covenants of said note anrl this mort;~a~e, or eitl~er, are not fu11J perfornied, complied ~cith a?ul abideci b~, t1~en t1~e entire sum mentioned in said rwte, aiui this mort~age, or ilie entire balunce unTwul thereon, shnl! fo?tl~~citl~ or thereafter, at the option o/ tl~e mortgagee, become and be due arul jwi~able, anything in said note or herein to the contran/ not~cit/~standin~;. Failure l~y ilie mort~a~ee to exercise m~y of tl~e rights or options herein provuled shal! not co?~.stitute n uaiver o/ any rigl~ts or o~~tio~u tmcler said note or tliis mortgage accrued or tliereaftcr accruing. ~n ~itness ~hereof~ the snul mortga~or lias hereunto si~;ned and sealed fliese presents the daq arul year ~irst ahove tcritten. Signed, ea-?ed and cleliuered in d presence of: ~ _ .Z~Zv.------ -.~-~~u-~.... ----~;~,,o~.---.- - - , - - - ----------------------------------------t~ - - ; - . ~ - t ~ STATE O~ FLORIDA, ) CoUNTY oF St. Lucie j I HEREBY CERTIFY that on this day, before me, an ofFicer dnly authorized in the State aforesaid and in the G~unty aforesaid to take ackno~~•leclp,rnrnts, perx~nall}• appeared Eunice Lloyd to nn~ ku~i~~n tu Iw• thi• ~„~r.on ~1~•x•rifhil in :~n~l ~~1N~ ~~~~~t•nti•~I tIu• F~~n•L'uiuL' imtn~n~cnt :~ud S~1@ acktw~rledR~til {x•fun~ ~u~~ t~cd Slle ~•~~Y•nt~•~~ t~~~• .:uui•. \\'1'f\F.titi mv l~antl :tnd ~~tFicia) u:d in th~• Cuunh au~l tit:d~• latit af~~n•.:ui) thi. 15th da.• of September 72 . ~r- G2~~~ , n ~ , , _ C. , f i.i~i. . , t~;t. t . O J : .,-e lncx~nc~:~~~; - Mo~ECO~ ft~ ~ . , . • ~ f` `V~~~~ Pp tl?C~RZ ~ . S C R~ jEF1s E~ • aE~~ SzQH 11 ~ 3 ~ 2~g2~3 ao~c~ pnc~1~~ ~ _ . - ~ - _ ~ ~~:.~~~`~.a~°~.`~