HomeMy WebLinkAbout2745 ond shall pe?/o?m. eomply u:tth and al~i~le Ly each ai~J ew~ry ~he u~;rcen~ents. stiputotlo?u. conclitions and
oonenants thereof, and o/ lhis mortkaKe, then thts mort~;a~;e u~ul tl,e estate herel,~ created, shal! cease, de- ~
termtns anct be nuI! and void.
.
~ the mo~tgagor hereby further couenan~s and ogrees to pay promptiy when due the princ~pol and
tnttrest aru! other sums of money provided for in soid note and t/~is mo?tbage, or either; to pay oll and
singuior the tazes, ossessments, leuies, Ijoliuieies, obligations, and encumbra~ces of every noture on sakl prop-
erh~; to permtt, commit or su~er no u;aste, impairment or dQtetioration of~~aid land o? the imNro~ementa
thereon at an~ time; to keep the buildings now or hereafter on saW iand fully insured tn a sum of not less
thon ~
tn a oompany or companies acce>>toble to the mortgagee, the policy or policies to be heki by, ond ~ayable
to, said mortgagee, and in the event any sum of money becomes ~wyuble ~iy virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereyy secured, accounting
to the mortgagor for ony sur~lus; to pay all costs, charges, anci ex~enses, including Iawyer's fees and title
searcl+es, reasonably incurred or ~w~d by the mortgagee because of the failure of the mortgagor to promptiy
and fully compiy with the agreements, stipulations, conditions and cooenants of said note and this mortgage,
or either, to perform. compty wtth and abide by each and euery the ogreements, stipulations, conditions ond
eovenants set forth in safd note und this mortgage or either. ln the e~ent the mortgagor fails to pay when
due any tax, assessment, insurance premium or other sum of money payable by oirtue of said note and this
mortgage, or either, the mortgagee ma~ pay the some, without uaiving or a~ecting the option to foreciose
or any other right hereunder, and QU such payments sliall bear interest from dote thereof at the higi~est law-
ful rote then aUowed by ihe laws of ihe State of Fbrida.
~l any sum of money herein referred to be not promptly paid uythin ~i~y days next after
tl+e same becomes due, or if eaeh and every the agreements, stipulatfons, conditions and covenants of said
note anct ihu mortgage, or either, are not fuUy perforn~ed, complied w~ith and abided by, then the entire
sum mentioned in said note, and thu mortgoge, or the entire Galance un~wid thereon, ahaU. forthwith ar
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in safd rate or herein
to the conh'ary nt7tu:ithstanding• Failure Gy the mortgagee to exercise any of the rights or options herein
pronided shaU not constitute a u;aiver of any rights or options under said note or this mortgage accnred ar
thereafter accruing.
~n ~itness ~hereof~ the said mortga~or has hereunto signed ancl sealed tiees+e presents the
day and year first abooe uritten.
Signed, sealed a?ut delivered in the presence of: -
~A-_ -
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STATE OF FLORIDA, ) ~
COUNIY 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 acknowledgments, personally appeared
Ginevra S. Pauley
to ~ne L'~x?~~•n lo Ix• tFx• ~•cuin drscrilxYl in xnd ~~~Fw~ etrcutrd ~tlx• (an~~;oinK instnimrnt and acknowleclRed
she
I,efom n~e thac she i•~i.~•~~frd the +anK _
NIT11lEtiS n?y hand and o(ficixl sr:J in th~~ ('wn?nty and Statr last :doresaid this 8th ~ day of
~y D. t~ 73
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253939
~oQK 213 PAGE 2741
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