HomeMy WebLinkAbout2342 an~t shall perforra, co~~ip)~~ ~cr11i uiu! u).i~lc l,~~ ivu•h un~l rcrr~ the u:;re~eurr~ils, sti~~uiutii~~~s, runclitiu?u and
•covenr~nts f)iereo/. Qll(~ OJ N14S ~nort~;utie, ti~en Niu i~iur~tiure u~~d fl~e cs~ut~ Gereby r?euled, s)~all ceace, de-
termine anct l,e null a?ut coid. . ~
~ tlte mort~;a~;or )~ereby ~u?fher cacenai~ts a~ul n~;rees lo J~uy pron~ptly ~chen due t1~e princi~al a?ul
interest and ot)ier stims o/ moneJ ~~rouidc~d for in sairl »ote ~?ul this mortFu~;e, or eid~er; to ~~a~/ all a?ul
sin~ular tlte taxes, assessn~e~~ts, leoies, liabilities, obli~atio~~.s, an~l enetunbrunccs o~ ccery rwture on suitl prop-
ert~; to permit, commit or suBer ~~a iruste, irr~~~uinncnl ar ~Ieleriprution o~ said lun~! or tl~c in~prouements
ihereon at am/ time; to keep tl~e /~uil~lin~s ~so~c or hereu/ter ort said lanJ /~~ll~! i~uurrd in a surn o/ not lcss
i?~an ~
in a comjwny or companies accept~il~le to t1,e iriort~;a~ee, tl~c polic~~ a~ ~,oJ;cies ~o l~e helrl by, and jwyabie
to, said ntortga~ee, a~~rl in the ece„t anr~ sea~i v/ money becomes pn~/al~le I~y oi~tuc oj sY~ch iiuurance ihe
mortgagee shall liave N~e rihht to receiue and apph~ N~e same to tl+e indebtedness here~,~ secured, accounting
to the mort~a~;or for an~~ siupl«s; to pu~/ ull costs, chur~es, und exl~e~~.ses, incl~ulin~; l~ncyer's /ees and title
searc?ics, reasorwbly.incurred or ~wid I~~~ the n?ort;~atiee l,ecuuse of the failure af N~e mortgahor to promptly
onct fufG/ co~uYG/ icith N~e a;;reements, stipe~lativr~.s, conditio~u arul coi;er~ants of snul ~wte a?u1 tl~is ~nortga~;e,
or eether; to per/onn, comply u;itli arul nbiJe b~~ euc?~ nn~l ecery tl~e a~;ree~nents, stipt~latio~kr, conditions ancl
coaenants set forth ii1 sau/ nofe arul tl~is mort~;u~;e or either. In the eucnt the mart~u~;or fai~s ta laaJ tclren
~lue any iax, assessment, insurance p~eniium or ot)rer srrrn of »ro,~ey ~x~r~able br~ vi~tt~e o~ said ~wte arul this
mortgu~;e, or eitl~er, the morthatiee »iar~ pay tlie same, utithout u•uivin~; or ajjectin~; il~e option to joreclose
or an~ ot)rer ri:;ht heret~nder, a~ul aU such ~wyments sliall beur interest from clate tl~crcaf at d~e I~iKGest lou~-
ft~l rate then alloiced 1~~~ the la~is of ilie State of Floritla.
~i anr/ suni of nroney herein re~erred to be not prompNy Jwut ~ciN~in thirty da~s next after-
the snme becomes dae, or i/ eacli arul euenJ tl~e abreements, stipulQtia~,s, co~ulitions nncl couenanfs of sauI
note anrl tliis mort~u~e, or eitlier, are not full~ perforn~~d, cornplied ~cith arul abidect b~, then the entfre
sun~ ri~entioned in saul note, and t1~is mort~;age, or the cntire baluncc unjwicl tiiereon, sl~oll forthi~ith or
thereafter, at tl:e ot~tion o/ the mortgagee, become and Ge due arul paynGlc, an~hing in said note or herein
io the contran~ rwticitl~standeng. Failure btJ tlie mort~o~ee to exerctse mi~~ oJ tl~e rights or options herein
prouirlecl sl?a!! not cor~.stit~de a icoioer of an~ righis or o/~tions t~nder safcl note or tllis n:ortgoge aeenied or
t?iere4fter accnling.
~n ~~~~s ~~~1~ die said mort~a~or hus l~ererrnto si~;nccl and sealed these ~~resents the
da~~ aul year first al~ooe ~critien.
Sign~d; scaled and deliveredLin t1~e J~resence of:
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Secreta
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STATE OP F1.ORIDA, ~
cov~71 ot~ St. Lucie ;
, I HEREBY CERTiFI" that on this day-, before me, an ~
officer dul}• autFH~rized in t}x S4ite afore.aid and in the County aforesaid to take ackrxn~•IedQments, peru~nally appcared
Louis Hamilton, Lucius Gaskin and Rosa B. Johnson
; to nK• kiNmu to !H~ tIH• ~H•r,ung _d~•crrilx•il in :~u~l ~~In~ ~•~iY~uti•~1 d~~• fur~•LUin~ imtrunx~nt :u~~l they ;«•k~N~~~•IedK~~l
I Irt•Fan• tnr tl?:~t t hey ~~~~Y•~~tr~l dir ..un~•.
i \t'17~\F.tiS ~ut h:tnd :to<1 ~~llici:d ~r:e) iii tLr Cuuuh :~uil tit:di~ 1:?+t afun•.:u~l thi. 6th ~ ela>• of
` December .a. ~s 72
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