HomeMy WebLinkAbout0281 a
~
and shall NerJorni, camply ~rttl~ arul al~ule I,y i~uch uud cccr~ ~I~e u~;rcemcnls, stiNulations, co?ulitio~u and ~
couenonts N~ereo/, anc! o/ this ~i~ort~u~;e, ~1~en th~s i~iorl~a~;c u~ul die cstatc l+crrby creoted, shall cease. ~le- ~
iennine a?ul be nuil and uoid. • .
~ the mortgagor )iere6y furthe? covenunts a~u! agrees to pay prornptly when due t1~e pririciYal and
interest arui other sums of mone~ provuled for in saict iwte ancl t1~is niort~;age, or eitl~er; to pay oll and
singular the tazes, assessments, leuies, liabileties, oLligutior~s, and e?u~umbra?ices o/ cvery ~wture on said prop-
erty; to perniit, commit or su~er no icaste, impairment or deteriorotion o/ said lanct or the improt~ments ~
ihereon at a?u~ time; to keep the l~uilclin{;s now or herea~ter on sakl larul fully insured in a sum of not less ~
than Twenty One Thousand and No/ 100
in a company or com~wnies acceptalile io the mortga~ee, the ~wlicy or ~~olicies to be held by, and payabie
to, saiti mo?tgagee, and in the event any sum of mo~~ey Gecou~es payoble Gy viriue of such insurance tlie
mortgagee shall have the right to rec~eive and ap~ly the snn~e to ihe indebtedness 1~ere~iy secured, accounteng
to the mortgagor for anc/ surJ~leu; to ~wy oll costs, char~;es, o~ul expenses, including lawyer's fees and title
searches, reasonably incurred or paid by the mortgagee ?~ecnuse ot the failure of t1~e mortgagor to prom~tly ~
and fuUy comply with the agreements, stipulations, co~ulitions arul covenants of saecl ~wte and this mortgage, 1
or either; to perform, comply with and aliide 6y each and euer~~ the agreen~ents, stipulations, conditions and E
couenants set fortla in said note arut this mortgage or either. In tlie event the mortgagor fails fo pay wlien ~
due any iax, assessment, insuranee Nremium or other sum of n?oney payable vy virtue of saicl note ancl this
mortgage, or either, the mortgagee may ~ay the same, u,~thout ~caioing or a~ecting the oNtion to foreclose
or an~ other right leereunder, aru~ a!I such payments sl~al! bear interest from tlate t)~ereof at t1~e highest laiv-
ful rate then allowed by the laws of tlie State of Florida.
~f any sum of money lrerein referred to tie not promptly ~wid ~cithin 30 days next after
the same becomes due, or if each anci every the agreenients, stiNulatio?u, conditions and cooenants of said
note arul thu mortgage, or eitl~er, are not fully performed, complied u;ith and al~uled by, ihen the entire
sum mentionecl en said note, and this mortgage, or tl~e entire balance unlwul thereon, shall forthwith or
thereafter, at the option of ihe mortgugee, become and be due and payalile, anything in snid note or herein
to the contrary not~eitlistancling. Failure by the mortgagee to exercise an~ of the rights or options herein
prov'uled shall not constitute a icaiuer of nny rights or optio».s under said note or tliis mortgage accn~ed or
thereafter nccruing.
~n ~(~Q~ ~h~~l~ tiie said mortga~;or has hereunto signed and sealed these presents the
day and year fi~st aliove ~critien.
Signed, sealed arul eliuere 'n the ~~resenc~, of:
---C~:_ lti . . .
- ~ -
- ~
..............................................t~
;
; -
~ ~
~ 4
G (
i ~
~
t
STATE OF FLORIDA, ) ~
CoUNTY oF St. Lucie ~
I HEREBY CERT[FY that on this day, before me, an
o~cer tltdy authorized in the State a[oresaid ancl in the County aforesaid to take ackrawleclgments, personally appeared ~
t
W. G. Padrick, Jr. and Elouise S. Padrick, his wife
to mi• kixm~n t~~ Ix• fhe• ~ru~n 8 di~u•rilx•d in and ~~FN~ i•~~ruti•d tlx• (ore?;uinu inclrunx•nt and they :?cki~~vledRecl ~
{x
lie(ore u~e tl~:d they ~~~iY•uted tlu• .:ui~~•.
\~'IT\ESti nn• hand and olBci:d x:d in th~• (e~~u~t~- and titxti• I:t~t aforctiaid thic 13th. day of i
April 4. t~. ~~i 73 -
~
i ~ ~
- - Ct- ~ - - -!Pie. _ _
3.; NOTARY Ft18Li~ STATE OF FlC1^!f~0 AT LARGE
~ MY CU.....i:~~~v:~ ~.:Y~i:~S 12, 1975
~a ~ i~'t~ICKAL litisuct~~a(:t ?J~fLtctl~.c~1t1{,~ '
~ ~ ' ~
~ ~ : ~ ; ~ji.f 0 ~~FO RECpRp~
~ t` fr Si. LUC E COUNTr flA.
~ '~t~ • ~~i : ' ROCER PO~TRAS t
~ ~ CLERK CIRCWT COURt ~
r~T I. ti 1' IIECORO YERI~IE~
i;. •
. ~r•~ t,..`~~ ~ ~
~;P
t~~~ t. 3 rr PM z3 i.
. •4~ .l i
. ~ '
~ 2521'73 ~
* . ~yt~~ I ,
r -
aooK 2~3 PACf 2~.
-