HomeMy WebLinkAbout1362 and shall per/orm, compl~ ictth urul abule 1~y eac1~ ond eucry ~h~ u~;r~~ei~~enls, s~ipulaelons, co~ulitio~u ond
covenants thereof, and o/ this'mort~;o~;e, then this mort~a;;e und tl~c estatc hcreG~/ cre~ted, shalf cease, de-
termine and 6e nuU and void.
~ t1~e mortgagor I~ereby further co~enants a~ut agrees to fwy promptly when due the principal and
intenest arul other sums of mone~ provulect fo? in sai~t note and t1~is mortgage, or eitl~er; to }wy all arut
singular the taxes, assessments, leuies, IiaGilities, ol~li~atio~~s, on~l encumbrances of eoery nature on said proJr
erty; to permit, commit or suBer no u;aste, im~wirment or deteriorution of said lo?ul or the improvements
fher~eon ot any time; to keep the buiklings now or hereo/ter on said land full~ insured in a sum of not less
ihan
in a company or companies occe~~talile to the mortga~ee, ihe policy or ~~olicies fo 1~e helcl ~y, arul payable
to, said mortgagee, a?ul in the eoent any sum o~ mo?iey 6ecomes payable Gy virtue of such insurance the
~nortgagee shall have the right to receive and op~ly the snme to the irulebtedness hereby securecl, accounting
to the mortgagor for any surplus; to pay all costs, charges, a?ul erj~erues. including lawyers fees a?ul title
searches, feaso?wbly incurre~l or paid by ihe mortgagee Gecause of the failure of the mortgagor to prompily
und fuHy compiy with the agreements, sti~n~lations, corulitioru arui coue~wnts of said note a?ul ihis mortgage,
or either; to perform, comply with and abide Gy cach und et~ery the agreenients, stipulations, co?ulitions and
covenants set fosth in said note arul this mortgage or either. In the event the mortgagor fails to pay when
due any tax, assessment, insurance premrum or other sum of money payaGie by o~rtue of said note and ti~u
mortgage, or either, the mortgagee may ~wy the same, wythout ecaiving or a~ecting ihe opiion to foreclose
or any other right hereunder, and all such~ }wyments shal! Gear interest from date tliereof at the hi~hest 1a~c-
ful rate then alloued by the lauu of ihe State of Florida.
any sum of money herein re~erred to be not promptly paid icithin 30 days next after
the same becomes due, or if eacl~ and euery t1~e agreements, stipulations, conditions and covenonts of saicl
r+ote arul thu mortgage, or either, are not fully performed, complied with and abicied by, then the entire
sum mentioned in said note, and this mortguge, or the entire bolance unpaid thereon, shall forthwith pr
ihereafter, at the option of the mortgagee, become and Ge due and pnyable, anything in said note or herein
to Nie contrary notu;itlista~uling. Failure by the mo~tgogee to exercise an~ of tl~e rights or options herein
provided shaU not constitute n u:afver of any rights or oNtions uruler said note or this mortgage acerued or •
there~fter aceruing.
~n ~~~1~ ihe said mortga{;or has l~ereunto signed and sealed tleese presents the
day arul year first ahove ~critten.
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Sign~d, sealed and delivered in the presence of: J ~
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~ STATE OF FLORIDA, ~
~ COUNTY OF
St. Lucie - I HEREBY CERTIFY that on this day, before me, an
o~cer duly authorized in the State aforesaid and in the County aforesaid to take acknow~leclgments, personally appeareci ~
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Walter and Sandra J. Hastings
R to nx• k~H~~cn to Ix~ tM~ ~x•rw~~g d~~c•ri1xY1 in :~n~l ho i•ct~t•utrd thi• (un~t~uin~ instmm~•nt and they .::?c:~:~•••le.dr~1
~ liefon• ch:~~ they ~•\IY'l1~lYI ~IH• .:?nn~. ' ~ ~•~~a ' ~ ~
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\~'IT\F.tiS ~ny hand and o(6ci:d u•:d in thi• Connt}• :tnd titati• lat~t afon•s:tid thic :~.t~ O~ =
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