HomeMy WebLinkAbout1694 shnU j~er~orm, romply wil~ anc~ a~i~e hy eac~ an~ erery the agreements, stipu~afiont, eonditio~ts ont~
conenanls I~ier~~, an~ o( ihis morfflage, f~rn Ihis morf~ac~e pnd the estafe hPre~~y crrafea, :tia~~ cease, de-
le?mine an~ ~ie null anrl ~~oic~.
~in~ f~P mortga~~or l~en~~y lurther cvvenants an~ Qgrees fo pay prornpl~y whPn due the principal nnd
inlPr~~sf anc~ olhe~ sums o~ money prot~iclea ~or in saitj nofe anc~ lhis morfgage, or eiltier, fo pay a~~ antl .
sin~ular ~~ip taxps, ass~ssmP?~~s, Jei~ies, liabililiPS, o6ligations, and encumbrances oj euery nature on taid pro-
perly; to Eu~~rr~il, ~ommil or su~~er no u~aste, impai~meni o~ c~eterioration oJ sai~{ ~anc~ or !he improuemenfs
11~PrPOn a1 any time: to ~PP~ IIiP 6uildin~s nou~ or herna~ter on said lantl ~ully inaured in a sum oj no! less
th~n $8,000.00 in fire and windstorm insruance
in a company or companies accepta6le fo Ilee mortgagee, the policy o~ policies to 6e I~eIcI by, and payab[e ;
fo, sai~ mortQa,qee, ane~ in fhe enent any sum oJ monc~y becomes Payab[~ 6y virfue o( such insurance the Z
mortgn~ee shall I~aae Ihe rigl~t fo ~oceii~e and apply Il~e same to the indebtedness hereby tecured, ac~ounting _
fo t~re morfga~ar ~or any surplus: to pay a~l costs, c~a?ges, and ezpenses, inc~ucling lau~yer
s~ees and til~e "
Spo?rh~S. ~P~to?~ably incurrecl o~ paicj ~y the mortgagee because of fhe ~ai~ure o/ !he mo~fgagor to prompt~y ~ ~
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an~ (ully comply u~il~ f~ip aprepments, stipu~ations, coreditions and rnnenants oJ snid nofe and this mo~t9age. ~
or pi~h~•r, fo perJorm, comply wifJ~ an~ abitle by eac6 ond every 1he agreements, stipulations, condilions and `
coi~Pnaiils set ~orf~ in said nofe ancj Ihis mortgage or eit{~er. ~n t{~e event the mortgagor ~ai~s to pay wtien _
due any ta.r, assessmPnt. insumnce premium or otl~e~ sum oJ money paya6le 6y virtue oj said note and this '
morfgage, or either, the mortgagee may pay the same, withouf waiving or Q~~ecting fhe option to lorec~ose ~
or any other ri~ht hereun~Ier, and al~ suc{~ payments sl~all 6e4r interest /rorre date thereoj af fl~e ~ig~est ~aw- ~ ~
(ul rate tl~en al~uu~ed by tl~e lau~s o( ff~e State o~ Florida. ~ ~
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_ any stim o~ money hereiri re~e?re~ to be not prompt~y paid u~ithin 7 ~ays next n~ler ~ i
Itie same 6~comAS due, or i) each and ei~ery~the agreemenls, sfipulations. conc~itions and covenanis o( snid j'
note and this mortgac~e, or eit{~er, are not jully pe~~ormecl, complied u~if~ ancl abi~ed by. then fhe entire i
sum menlioncKl in said note, and this mortgage, or tF~ e entire bnlance unpaid therpon, shall /orthwitl~ or '
tl~ereafter, at the option o( iF~p mortgac~~e, become and be due and pnyable, anyfl~ing in said note or herein ~ ~
to t~e ronfrary nolwif~stantling. Failurp 6y ~he mortgagee to exercise any o~ the rig~fs or opfions {eerein ; '
prori~~ s~al~ nof consfifufe a u~ain~r o~ ~ny rig~fs or oplions unc~er sai~ notp or t~i: mortgagp accruec~ or ~ ;
Iherea~f~r accniinp. ~ _
~n ~~lll~s ~hereof~ t1~e saicl mort,qagor {~~s tierPtento si,qnptl antl spalet~ f{iese prespnfs the }
c~ay an~~ yrar ~irsf a~?o~~e c~~riff~n.
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Signe~ SP{,~IPt~ 9 ~~'~i~+erP~ in ftie pr~sencp of :
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STATE OF FLORIDA, ~
c~~L:~TV c~F St . Lucie
~ I HEREBY CERTIFY that on this day, be(ore me~ an '
offirer duh• authorizrd in the Statr aforesaid and in the County afor~said to takc acknowledqmFnts, p~rsonally appeared '
Edd A. Chester and Inez Chester, his wife ;
~ to m~• known to Ix th~- p«•rsorg described in and who ezccuted th~ for~~oinq instrument and Wh0 acknowledqtd ~
befor~• fhe ~ha~ they exccuted the samr. ~
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~~IT\F.SS m~• hand and otficial seal in thc Counq• and Stat~~ last atoresaid this 2~-S~. „"`aa el~
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i' September n. ~9 72 ~ :~,~i=~ ~ • • ~ . ~
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' AN~_ j~EiGITT r~a- _ ' . ~ - , ~
C1E Cou ~OTARY PUBl.tC S7A-' %~~t~'~~~a r'!'~ A .
I NOGER POttllAi ~ CpMMISSION ErPlil~S ~.~a.~ ~~~~~1~ _
; CLERK CtisCUtt COVRY gpHp~ jHRO (rRED W. OIES?E~'4~ E` r~
' REC~RD VEFtIFtEOr.~+..~'~ . •
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