HomeMy WebLinkAbout1343 and s1~~?I ~x~rfonn, cauply uit1~ un~1 ul.icle Ly eue•h u?~~l ~~c~•r~ llie u~;rceuiruts, slipalatio~u, conditio~u nnd ~
couennnfs tl~erco~, and o/ Neis n~ort~;u~;e, then tl~is uaurMu~e u?~d Il~e cstnec 1+erel~e~ created, s1~a11 ce~ue, de-
termine and be null arul void. .
~ the mortga~or licreGy fu?t1~er couenants untl agrecs ~o ~~u~ pranptl~ wl~en due t)~e pri~~cipal and _
interest and othcr sY~ms of moneJ prouided for in said note a~ul this rnort~;age, or eitl~er; to jwy all and ~
singular the taxes, assessme~its, Iccies, li~rbilities, oblitiutia~s, and cnctunbrances of cuery ~wture on saul prop-
erty; to perrnif, commit or suBer no u~aste, im~wirn~ent or deteriorafion o~ said larul or d~e irnprooements
thereon at any time; to kee~~ t1~e be~ildiri~s now or )~ercuJter on said land fuUy i~isured in a sum of not less
thun ~
in a com~an~ or com~wnies acceptuble to d~e ~fiortga~;ee, tl~e policy or J~olicies to be held b~~, and pai~able
to, said tnortga~;ee, and in tlee ecent nny s~~n~ o~ n~o~ie~~ becomes ~wyable ~~y uirtue of st~cl~ i~uurance the
mortgagee shnil /~aoe the ri~ht to receice and appli~ tlie same to tl~e indebtedness 1~ereGy secured, accounting
to the mort~a~or /or ani~ surplees; to ~wy al! costs, char~;es, a~ul experues, inctuding lau~yer's fees aiul title
searcl~es, ~easona6ly incurred or ~wid the mort~;o~;ee bccuuse of the failure of the moriga~or to promNtly
and ~ully con~ply ~ciN~ the a~;reements, stipulatior~.s, corulitions n?ul co~:enunts of saul ~wte anrl d~is mortgage,
or eitl~er; to per/orn~, comply irith aru! nbirle by cacl~ and eceri/ the. agre~rnents, stipulations, caulitions and
coverwnts set ~ortl~ in saul note a?ul f1~is mort~;a~e or either. In tl~e e~~ent ihe mortgagor fails io }wy when
due any ta.r, assessment, insurance premium or other sum of mone~ Jwyable Ly virtue of said note aral tl~is
mortba~e, or either, tl~e mortgagee may Jwy the sume, u~t?~out icaivin~ or a~ecting Nie option io foreclose
or any otl~er ri~;ht hereunrler, anc! oU s~~cl~ Jwyments sl~aU bear interest from clate tl~ereof ot tl~e hi~hest lau~-
ful rate tl~en allo~ced by the lau:s of ihe State of Floricla.
~f nny si~m of money l~erein referred to 6e not ~~romptly paul tcithin thirty days next after
ihe same becomes due, or if eQCh nnd euery the agreen~ents, .sti~ulatio~u, coiulitio?~,r nnd co~enants of said
note and tl~is mort~a~e, or eid~er, are not ~ull~ performed, compliecl icith aru! atiided by, t1~en the entite
sttn: mentioncc~ in suul note, arul this mortgage, or the entire bata?ice unJ~id ihereon, shnll forthuith or '
ihereafter, at the ot~tion o/ tlie mortgagee, l~ecome and Ge diie aru! J~aeJable, an~hing in saicl note or herein
to the contran~ notecitlistancling. Failure b~ t?ie mortha~;ee to exercise an~ of tl~e righis or options herein .
provided shul! not constitute a iraiver of any rights or optio~is uruter said note or this mortgage accrued or
thereajter accruing.
~n ~1`~0`~ tl~e said mortga~;or lias Irereunto si~;ned and sealecl tl~ese presents tlie
day and Jear first al~oue ~critteri. -
Signed, s d and delioered in die ~~resence of:
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g STATE OF FLORIDA,
~ CoL~~Tt ot~ St. Lucie ~
I HEREBY CERTIFY that on this day, before me, an
~ ol6cer dul}~ authorized in the State aforesaid anJ in the County aforesaid to take ackno«•ledgmentr, personally appearecl
Trevor and June A. Davies
_ to nx• k~N~~~ n f~~ Ix• fh~• {w•r.un g d~•~crilx•d in :?nd IM~ i•~iY i~ti•~I ih~• (~~rr~,uink in.trnun•nt :uul t.tl@31 :u•ktw~~•led(~ccl
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lx~fon• ux~ that they ~~~tY•i~t~~d iht• +:uui~.
\~'ITXESti wc haud :tnd olliii:d u:?1 in tl~~~ Cu~uih :~n~) tit:di• i:t.t afun•stid this 20~1 clay of
November 72
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~ fILED AK:' '•r~~RCEO •
ut~tY FL~ NOTA1lY PUdIIC STATE OF FLORIDA AT LARGE
~ ST.IUviE ~"Y .
t~ AS MY COMMISSION EXPIRES OCT. 21. 19~ .
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~ ClC''• 60NDE0 THRU GENERAL INSURANCE UND `ERW~q~ ~.i' .
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