HomeMy WebLinkAbout1945 nnd shall per(orm, comply with and a6idp 6y ~h and every tl~e agreements, slipulation's, condttiona and ~
co~~e~4nts the?eo~, and oJ this mortgape, then this moN~age and the estate he.~6y createe~, shall cease, ds- !
termine an~ ~ nu~~ anc~ i~oi~{.
~n~ !he mortganor here~?y ~urther couenants and agrees to pay promplly when due II~e principal and ;
inferns! an~ oftie~ sums o~ money proni~ecj for in sat~ nole and fhis morignge, o~ eil~er; fo pny u~~ ant~
sinflu~ar ttie fa.res, assessmenfs, ~evies, ~ia6i~ifies, o6liflations, anc~ encumbrances oj every nofure on said pro-
pe~ty; fo pe~mit. commif or sujJer no u~nsfe, impairmen! o~ c~elerioratton oj saic~ ~anc~ or fhe improveenenfa
Ihprrcn at any lime; lo ~PPP /F1P buildin~s nou? o~ herra~ter on cai~I Ian~ ~ully insurcKl in a sum oJ not lesa
than full insurable value
in a c-ompany or companies acc~pla~,~e lo th~ mortga~ee, f{~e po~icy o~ po~icies to be held by, anc~ payab~e .
to, saicl morif~agpe, an~ in the enen! any sum o~ money bpcomes pnya6~e 6y virfue o~ sucti insurance the
mortflagee sha~~ {~an~ !he ri~hf to ~PfPIDP anc~ apply tl~e sume to the inde6tedness here6y secured, accou~ling
to the mortgagor /or any surplus; to ~Qy a![ ros~s, charges, and expenses, including lawye~'s jees and title
searc{~es. reasona~,~y incurre~ or paic~ hy t~~p morfgagee because o~ f~e ~ai~ure ol the morlgagor to prompf~y
an~ ~u~~y comp~y u~ith t~e ayreeme~ils, sfipu~afions, con~itions ana coi~enants o~ saicr nofe and Ihis morfgage,
or pither: to pprJorm, comply u~ith ancl a6icle 6y ~~h and ei~ery 1he ag~eements, stipulalions, condifioru and
covPn~nls set forth in said note nnd this mortgage or either. ln the event the morfgagor (ails to pay u~hen
dllP Ally ~(1\, assessmrnf, lRSI~~ARCP p~Pllllll/Il or other sum of money paya6le by virlue o~ saitl note and Ihis
mort~age, or eit~~er, 1~~e mortgagee may pay !he samp. wit~out wniving or a~jecling t{~e option to forec~ose
or any ot{~er ri~I~t herPUn~ler, and ~ll sucl~ payments sF~aII 6ear interest (rom date Ihereo/ at the F~igl?est ~aw-
(u1 mfe tl~rn allotaecl 6y f~e la~ns o) Il~e S~R~P o~ Florida.
~L nny sum o~ mon~v ~~erein re(Prr~~ lo he not prompl~y paic~ within thirty aays next a~fer
th~ same becom~c du~, or iJ each a?icl ~very Ihp agreeme~~ts, stipulatio?is. condifions and coi~enants oj said
note and tf~is morfga~e, or ~ither, ar~ not /ul~y perfornte~, complied uritl~ and abided 6y. lhen thp entire
sum menfionecl in said nole, a~d this morlgage, or the entire 6a~ance unpaid ther+eon, shall Jorthwith o~
thereafler, at th~ oplion o( lf~e mortga~ee, become and 6e clue and payn6le, onything in said note or herein
to thc contrary nola~if{tsfan~Iing. T'ai~ure hY f{~e mortgapee !o exercise any o~ the righta or options herein
provic~ec~ s~~al~ not constilufe a u~ainer o~ nny rig~fs or opfions une~er snic~ note or t~is mo?tgage accrued or
I~Prea~ter ~ccruinc~. '
~n ~~~~s ~~~Ol~ ttiN said mortgagor hns tiereunfo signe~I ancl sealed tl?ese presents the
~ay anc~ year first ~hone u+ritten.
Signed. sealed and dPlinered in the pr~s~nce o): /
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" . F. Hu h s
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E .~.~:...~r---x~' ._4 . .
r~orie M. Hu~ s
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STATE OF FLORIDA~ i
COL'NTY OF ST. LUCIE 1
I HEREBY CERTIFY that on thi~ day, be(orc me. an
o(ficer duly authorized in the Stat~ aforesaid and in the Cou~ty aforesaid to tak~ ackaowledgments, personatly appeared
E. E. HUGI~:S, Individually and as Trustee, joined by his wife,
MARJORIE M. HUGHES ~
to me known to b~ the prnon S described in and who executed the torcqoing instrument and ttley atknoMrkdged _
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beforc me thatthgy executed the same.
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WII~NESS my hand and dficial seal in th~ County and State last a(oresaid this ~;•~1 jv ~'~?~~aiG~
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November A. D. 19 72 . 7~~' .
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~ FIIED Akn F=CaR0E0 Notary Pu 1C, St tE:=.Ofy~~,O~x1C}~; ~
z ST. tuCS: :OJMTY FLA• ~ V J
RGi,E . ~ ddS ~ V at Large . , ~ _
~ ClE°f C. "'.!I'. COCRT i . ,
; pt{`f;K. L'r:'c~~~~~ ' •
~ My comanission expiresi''••..,......•••
~ Nai 30 3 2~ PM Z NO~TARr tUBUG STIITE OF fLORIDA AT LAR9[
p1Y CO~AMISSION EXPIRES DEG i~i
~ ~OND@ I~1.~ ~ D1E51E1110RSi .
~ 242931 ~
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I7~is Irulruincnt pr~pared by:
~ ~d~ R. N. Koblegard, III $U~~Q ;
P. O. Box 3230 , v i
~ Fort Pierce, Florida 33450
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