HomeMy WebLinkAbout2561 and shall perjorm. c~vmpTy u~tth and aLide l~y each ond ew~ry the u~;rcements, stipulattona, co~ulitb?u and
couenants thereo/, a~d o/ this mo~tgoRe, then th4 mort~;a~;e a~ul tlae estate here~?~ created, shal! cease. cl~-
termine and be nuU and uoid.
~ ~ the mortgogor hereby further Go~enants a?ui agreea to poy promptly when due ihs princlpat and
tnterest cnd other sums of money provkled for tn said note and thia mortgagt, or ctther; to jwy oll and
singular the iaxes. assessments, levies, llabtltties, oGligations, and encumbrances of cvery natura on sakl prop-
erhJ; to permtt, commit or su~er no woste, impairment or deterto~ation of sakl land or the fmprovements
thereon at any time; to keep the butklings now or hereofter on sajd land fuUy insure~i fn a sum of not lesa
than -
in a company or companies occ~eptable to ihe mortga~ee, the poticy or poiicies to be heTd by, and payable
to, said nw?tgagee, and tn the enent any sum.of money Gecomes paydble by uhtue of such tnsurance ihe
mortgagee shal! haoe the right to recei~;e and opply ihe same to the indebtedness herevy secured, accounting
to the mortgagor for any sury~lus; to pay all costs, charges, urul expenses, {rcludtng lawyers fees arul title
seorches, neaso,wbUj tncurned or }wid by the mortgugee because of the failure of the mortgagor to.p?omptly
and faUy comply with the ogreements, stipuiations, corulitioru and cooenants of said note anci this mortgage,
or either; to per/orm, comply with and abicle by each and every the agreements, stipulations, conditions and
covenants set foreh in said note ond this mortgage or either. In the eoent the mortgagor fails to pay when
due uny tax, assessrnent, ~nsurance premium or other sum of money poyabJe by vtrtue of said note and this
mortgage, or eitl~er, the mortgagee may pay the same, without waiuing or a~ecting the option to farecjose
or ony other right hereunder, arul uU such payments s1~aU l~ear interest from date thereof at the highest law-
ful mte then atlowed by the laws of the State of Florida.
any sum of money herein referned to be not promptly }wui within thirty days next after
the same becomes due, or if each and enery the agreements, stiyulations, conditions and covenants of said
note and this mortgage, or either, are not fully performed, complied wtth and abtded by, then the entire
sum mentioned in said note, and this mortgage, or ihe entire bala?ice unpaid thereon, shall forthwith or
thereofter, at the.option of the mortgagee, become and be due and ~ayable, anything in said note or 1~erein
to the contrary notwithsta,utir?g. FniIure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u;aiver of any rights or options under said note or this mortgage accreed or
thereufter accruing.
~n the said mortgogor has hereunto signed and sealed these presents ihe
day and year first above icritten. ~
Signed, sealed and delivered in the presence of:
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STATE OF FLORIDA, )
Coutv~nt oF St. Lucie j
~ I HEREBY CERTIFY that on this day, before me. an
o~cer duly authorized in the State aforesaid ancl in the County aforesaid to take acknowledgments, personally appeared
Louella Dease and Alfred Dease, her husband
to me kix?a•n to l~e the {x•~~n drsrrilxYl in and. ~rM~ ~~[tY'lltCd tlx• for~~}:oinK instnunt~nt :~~~~t they ackno~vledgecl
befom u~e that they ~•~rcutt~l the• ~:u~x•.
\~'IT;~IESS ~ny ha~xl antl offiri:d u~:d in the Coimty and $tate lact :doresaid this 4th ,::~~,,,~~~r af
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LUCIE COUNTY flA. t
ROCfR POITRAS
CLERK CIRCUIT C0~[~`
cr~~e~ /
M~r 8 9 Zo AN'73
253802
nooK2~3 P~~2557 .
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