HomeMy WebLinkAbout4603 and ahall per(onn, co~ply witl? a?~d a6id. 6y ~h nnd ove~r tlw cgree~nents, ~tlpulafion's, condttions and
covenanb thereoj. and oj tk~s mortgas~o, tf?en thla mortgage and tl?s c~ttato here6y ereated, ~?~ull ce~e. d~-
fermine nn~ he nu« nna vo1c~.
nIL1~ i{~e mortgogor hew6y /urtke? cwuenanta nnc~ ngr+eea to pny prornptly when duv tl~e principal uncl
interesl anc~ other sums oj money provi~ec~ jo~ in aatc~ note o~ thit morlgage, or either; fo pay a~~ nnd
singulor fhe faxes, cusessmenfs, ~euies, ~iabi~ilies, ob~l~aflons. ond eACUntbnancea o~ every natwe on tatd pro-
perty; fo pern~it. commif o~ sujfer no waste, impairnte~t o~ c~eteriorntton o~ satd land or f~e improvemenb
Iherpcn at any time: to kpe~ ~hp buildin~s now or I~erea/!er on satd lnnd ~ully insured in a sum oj not lesa
than -NONE-----------------------------------------------------------
in a com{wny or companies acceptabie to fhe moitgafl~e, !~e policp or poticies to be ~etd by, and pnyabie
lo, saf~ morlgagee, antr tn t~e evenl any sum o( money becomes ps,ya6te 6y virtue o~ suc~ insurance fhe
mortgagee shall ha~~e tl~e right to rpceiue and apply the same to f6e iride6tedness hereby secured, aecounfing
to ftie morfga{~or (or any surplus: to pay a~~ cosfs, c~n?ges, and expenset. including ~awyer~s lees and ttt~e
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searches, reasonah~y incurre~ or paic~ ~y the mortgagee f~ecause o~ IhQ fat~ure of !he morfgagor lo prompt~y
and Ju~ty comp~y wifl? ihe agreements, stipu~nfions, eonditions anc~ eouvnants oj snid note and Il~ia mortgage.
~ or eiiher; to per~orm, comply witfe und u6ide 6y each and euery !he ngreements, atipulattons, condifioru nnd
` coi~ennnts set jorlh in said note and thts mortgage or either. In the event t1~e mortgagor jatls to pay when
due any tax, assessment, insurance premium o~ ofher surn oj mo~ey pupable 6y virtue o( satd note nnd this
mosfgage, ar eifher, tF~e morlgagee may poy fhe same, withouf wnivtng or aJ~ecting the option to ~orec~ose
or any otF~er ~i~itt {terpuncler, an~ all sucl~ payments shaU benr inle?est /ront date fl~ereo~ ut t1~e higl~est law-
(uI r~fe t~en allou~ed 6y the ~au~s o~ fhe Sta1e o~ Flortdn.
~L any sum o) money herein re~errec~ fo he not prompt~y paid wittiin -30- dny: next o~ter
Ihe same 6ecomes c~ue, or i~ ench an~ every the agreements, stipu~attons, condifions ancr covenants o~ saic~
note and this mortga~~e, or eitl~er, are not f ully perJormecl, complied witk and a6ided 6y, Ihen tke entire
sum mentionec~ in said note, and lhis morlgnge, or the entire bn~ance urtpaicl thereon, shnlt Jo.~hwtth or
thereo/ter, af t1~e option o/ the mo?tgaflee. 6ecome and 6e d~ w~d ~yo6[~, nnytl~ing in said note w he?ein
to I~e conf?ary nofu~it{utanding. Failure 6y ftie mortgagee !o exe~cise any of t{~e rig~ta or optiona herein
providecl s~n~~ not conslitufe a u?airer o~ any rigtits or opttons unc~er said note or f~is morfgage nccrued or
ftiPrea(fer accruing.
~n ~itness ~hereof~ fhe saIc~ morfgagor hns ~ereunio signe~ anc~ sea~ecl fhes¢ preaenls ttie
c~ay an~ year jirsl a~,ot~e u~rilfen.
; Signed, sealecl and dc~linpred in 1 rns~n `o~: ~
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! ~ ' Gtl ~ ~
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~ - James W. Fair =
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F May Fair ;
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~ ST4TE OF FLORIDA, ~
~ Cc~G\TY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day, before me, an
~ of(icer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeared
~ JAMES W, FAIR and MAY E. FAIR, his wife
~ to me known to b~ the prrson d~scribed in and who ex~:uted the (orcqoinq instrument and ttl@y acknowledged
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beforc me that they~xecuted the same.
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~ ~Y17'NESS m} hand and official seal in th~ County and Stat~• last a(or~said this ~G ~ day o!
~ December A. D. 19 72.
~s
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. , NOTARY/ PUBLIC, State o€~Florida
~ N • ( , i*~` , at Large .
~ ~ ~ ~ My Commission Expires : h~- 7 ~
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