HomeMy WebLinkAbout1957 ~nd sha~~ p~rJorm, c•omp~v u~itl~ and n6i~e 6y ~h anc~ enery the agreeme~ts, ~lipu~alion's, conc~itions and
coi~e~ants ~hereoJ, nnd oJ Ihis mort~n~P, t{~en this morfgage and IF~e estate I~ere6y c~eated, ahall cease, de-
lermine nn~~ ~?e nu~~ antr roi~~. .
Tln~ I~~e mort~a~or ~iernhy ~urlher covenanfs anc~ agrees fo pny prompf~y when c~ue the principa! and
infernsl and ol{~er sums oJ money pwviclec~ ~or in sait~ note an~ ihis mortgage, o~ either; to pay a~~ and
sin~ular 1he ~~.res, assessm~nts, levies, liabililies, o6ligalions, and encum6mne•es of every nature on saicl pro-
perly: to permit, commif or su~jer no «~asle, impai?ment or c~eteriorafion of sait~ ~ancr or the improvemenb
fherncn ol any Iime: lo kePp Ihe 6uildin~ts now or her~ajt~r m~ said ~an~ ~u~ly instued in a sum o) not lea~
t{~an
in a ~omp~ny ur companies acc~pt~l~~e to Ihe mortgagee, Ihe policy or policies !0 6e held 6y, and ~yn6t~
fo, sait~ murtgagee, an~ in I~~P ~o~nt any sum of money ~ecomes payab~e ~y vi~lue o~ such insurance fhe
mort~nqee shall hai~e Ihe riflht 1o r~ceinP and apply fhe same to the incle6letlness here6y secured, uccounfing
fo 1{~e morf~a~or (or nny surplus; to pay a~~ cosfs, c~a?ges, antj e.rpenses, inc~uding ~awyer~s jees and tit~e ~
a
searches, r~asona6ly inc~ure~~ or paic~ tiy I~~e morfgagee hecausn o( t~~e ~ai~ure oj f~e mortgagor to prompf~y
ancl JuIIy comply u~il{~ f{~e ag~e~menls, sfipu~afions, conclilions ancl conertants o~ saic~ nofe anc~ ltiis mortgage, f
or either; to pPrJorm, comply with and a6ide 6y eacti and euery the agreemenls, slipulations, conditions und :
corcnanls sel ~orth iri said note nnd this mortgage or eilher. ln the rve~! the mortgagor ~ails fo pay wF~en ~
c~tie any fax, assessmenf. insurance premium or other sum oJ money paya6le 6y vlrtue o~ said note anc~ t{~is
mortgn~P, or eif~~~r, f{~e morf~age~ may pny f{~e same, wil{~out waivinfl or affecting lhe opfion to (oreclose
or nny olher ri,ryht herpunder, and all such paymenls ~sRaII bear interpst from date thereo( at t1~e I~igl~est lau•-
~u~ rale I~~~n ~~~otve~~ ~~y f~~~ ~a~ns o~ ftie Sfafe oj Flori~Ia. ~
~l any sum o( mon~y hPrein re(errnd to tie not prompt~y pnid within thlrty days next n~ter
t{~~ snm~ b~com~s due, or if eac1~ and pi~ery fhe agreempnfs, stipulations. conditions and coi~enanls of said
no~e and this morts~~~e, or either, are not /ully performed, complied with and a6~ded 6y, then the entire
~ sum menfionec~ in saic~ notp, ancr fhis mortgage, or fhe enfire balance unpaid thereon, shall jorthwith or
Ihprea(Ier, nt th~ oplion of the mortga~ee, become and 6e due and ~ya6l~, anytRing in said nole or I~e~ein
to f~e contrary notu~ill~stanc~ing_ Failurp 6y the mortgagee to exercise any of the rig~ts or options ~erein
pro~~i~Iecl shall not constilute a u~ainer oj any riflhts or opfions uncjer saic~ note or f~?is mortgage accrued or
ftiprea~fer accruing.
~n ~i~ness ~hereof~ t~P ~aid morfgagor I~as I~ernunto signed an~ sealed these presents the
c~ay mi~ year Jirsf ahove ~rriffen. ~
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Signed, sealed and deli~~eretl in Ihe presPnce o/:
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~ STATE OF FLORiDA, ~ ~
i COL'NTY nF $T. LUCIE I HEREBY CERTIFY that on this day, betore me. an =
officer duly authorized in the Stat~ aforesaid and in the Counry aforesaid to tak~ acknowledgments, p~rsonaily appearcd ~
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MORRIS V. LINDSEY and GLENDA LOUISE LINDSEY, his wife ~
to me krawn to bc the penon $ described i~ and who ea~cuted the for~goinq insuument andtYl@y acknowkdged ~
~ be(ore ms. ~h~t they executed the same_ g
~ Wt'P~jES9. my hand and oi(icial s~a! in the County a~d State last aforesaid this ~ day o( s
~ OGtO~~ A. D. 19 72
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k S~.IUC?~ G3UKTY Fl~• ~
f~OG~ R PQttRAS Jt~ r~
~`EpK ~i~-.C•131i COURT 1~1
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~ 1%ris r,u~n,m~„~ pnepnrr~~ by: `ZL~ 7
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~ ThiS Instrur~^~t Yi.~s ~ c;: i-c~1 ;iy: .
<f~~ C. R. McDONAID, .iR., !•.tforney
C:~iz~~~f Fcdural Gl~~c~r9 ~
' Ft. Fio~cc. ~ior'da 3'.d50 800~ 2~~ P~Gf ~9~V
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