HomeMy WebLinkAbout0424 and sh~~il ~~er/onn, comply ~citl~ u?ul ubide b~/ eGCII 4I1lI evrr~ the u~;recn~enls, stipulations, conditioiu ant~
cocenai~ts therco/. arul o/ Ihis mort~;u~;e, then fl~is mori~;n~e urtd t1iC cstutc herel,y creuted, s1~aU cease, de-
termine and be nu11 arul void.
~ the morteagor here6y fiud~er cooenants anc! u~;rees to ~wy promptly w)~en dae the principal arul
inlerest a~ul other sunu o~ monc~ J~rouuled /or in saicl ~wte arul this n+ort~;age, or eitl~er, to Yay all ntul
~ singular the taxes, assessneents, leuies, liaLilities, obli~;atio~~s, unc~ e~u~unl,runces o/ eoery ~wture on sau~ NroN-
erty; to permit, commit or su8er no ~caste, im~winnent or delerioration of saicl land or t~~e improoements
thereon at aru/ time; to keep the huildin~s no~v vr herea/1er on said la?ul ~ulG~ i~uured in a sum of not less
ihan
in a company or companies accepiul,le to ihe u~ortga~;ee, tlie Jx~licy or policies to be lield l~y, ancl pa~able
fo, saul mort~;a~ee, a?id in the euent any su~n of money becames pa~~aGle by vireue of suc1~ i?uurance the
mortgagee siiail haoe tlie right to receiue ancl appJy tl~e same to the i~idebtedr~ess l~ereLy sea~red> accounting
to the mort~a~;or for any surp?us; to jw~) all costs, charges, u~u! experues, incleulin~ lau:yer's fees anc! iitle
searches, 'reasonabiy incurred or }wid by the mort~;a~;ee Gecause of tlie failure of tlie niortba~;or to promptiy
arui fully com~~ly icitl~ ti~e agreen~ents, sti~~eelatioru, corulitio~u arul cooena?its of saul note and this mortgoge,
or eitl~er, to per~orni, comply ~cith arul aliide Gy cuch and eoen~ the agreenients, ctipulatioru, conclitions and
covenants set forth in saul note aiui tliis mort~;a~e or eitl~er. In the eucnt the mort~agor fails to pay uhen
clue any fax, assessment, iruurance ~remium or other sum oj money jwyable b~ virtue of said note a?ul tlus
, mortgage, or either, t)ie mortgagee may Jwy Uie same, ~~~tl~out icoivinti or nQecting il~e option to foreclose
or an~ ot)~er right hereunder, and all such Jwyments sha?1 bear interest fro?n date ihereof ot t1~e hi~hest 1aw-
ful rate ihen alloued by the lau;s of the State of Florula.
aru/ surn of money )ierein referred to be not promptly ~wut ~citl~in thirty ~ys next aftet
the same l,ecomes due, or if eadi and every the agreements, stipulatior~,s, coiulitions arul couenants of saici
note anrl this mortga~;e, or either, are not fulty performed, complied uith arul abided by, then tlie entire
sum mentioned in saul note, a~ul lltis mort~;age, or the entire ~~alance un~~aid N~ereon, shail forthicitli or
thereafter, at tlie oJ~tion of tlie mortgagee, become and be due a?u1 Jwyable, on~hing in saed note or herein
!o tlie contrary notccithstancling. Failure btJ tlie mort~;a~ee to exercise an~ of N~e rigl~ts or options herein
proouled shall not corutitute a uaiver of any rights o~ options under sau! nole or iliu mortgage accrued or
thereafter accruir~.
~n ~itness ~h~reof~ tlie said mortg~~;or has I?ereunto signed and sealed il~ese ~resents the
day and year first abooe ~critten.
Signed> seaJed anc~ deliverr,d in the presence of: '
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{ STATE OF FLORIDA, ~
~ CoL'h~ or' St. Lucie
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~ I HEREBY CF.RTIFT that on this day, before me, an
~ ofFicer dul}• autM~rized in the State aforccaid and in the County aforesaid to take acknow•ledRmentc, perxwnatly appeareci
~ Ir ene C ri st
~ tu mr k~N~~cn to IK• tlx• ~x•ru~n d~~a•rilx~il in anil ~~IN~ ~•~i•c~~di~il Ih~• fun•s:uinu instnmx•nt uu~l Shg ack~w~~•led}Ct~cl
~ ~x~fun• ~nc that S~'1@ i~~i•culri~ t6i• .aw~~.
~ ~~'1'1'\I':titi mc h:tnd :md ~~I(ici:d v-al in th~• Cunnh a~i~l titat~~ l:t~t :dure•~:tid thic 1'7th da~• of ~
~ A.1). 1~) 72
January
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