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HomeMy WebLinkAbout0644 •aad shall Nerform, co»~Nly uitl~ arul al~&le by each and eucry N~e u~;ra~en~en(s, stipulaliona, co~ulitioru ond c~ovenants ehereof, arul o/ ihts mo~tgake, then thts mo~~~;o~;e u?ul the estate J~crel,y created, s)iel~ cease, de- terrmine and be nuu and void. ~ the mortgagor here8y further cooerants arut agrees to pay promptly when dus tHe princtpal a»d lnterest and other sums of mor+ey provfcied for in sald riote and d~ts mortgoge. os ettl~er; to pay al! and s~ngular the taxes, a,~sessments, leuies. 1tabAities, obligattons, a?u1 encumbrances of ever,y nature on soid p?op- ert~; to permit, commit or su~er no waste, impairment or deterlorQtion of saic! la?ui or il+e ~mprouementa ihereon at any time; to keep ihe builclin6s now or hereafter on said land fuliy insured in a sum of not less tl~an Twenty-Five Thousand and No/ 100 tn a company or companies acceptable to the mortgagee, the poltcy or policies to be held by, and payable to, said mortgagee, arul in the event any sum of money Gecomes payable Ly uirtuc of such tnsurance the mortgagee shall have the right to r+eceit~e and apply the same to the tndebtedneas hereb~ secured, accouriting to the mortgagor for any surplus; to pay all costs, charges, and ex~enses, including lnu~yers fees ond title { searches, reasvnably incurred or patd br~ ~he mortgagee Gecause of the failure of ihe mortgagor to promptiy ' a~d ferUy comply with the ogreements, stipuiations, co?ulitions and couenants of soid note anci ihis mortgage, or either, to per~orm, compiy with and abide by each and euery the agreements, sN}~ulatans, conditions ond ( Govenants set forth in said note und ihis mo?tgoge or either. tn the event the mortgagos fails to pay when ~ due any tax, assessment, insurance premium orother sum o/ money payable vy vfrtue of said note orul this mortgage, or either, tlie mortgagee muy pay the same, without uaiuing or o~ectrng the option io foreclose ~ or any other right hereander, and all seich payments shaU bear interest from date thereof at the highest laur ful rate then ollowed by the laws of the State of Florida. arty sum of money herein referred io be not promptly paid uithin 30 days ~ext after ~ i t l i e same b ecomes due, or i f eac h a n d every t he agreemer~ts, atiprilations, co»ditions and covenants af said~ note and this mostgage, or erther, are rwt fuUy performed, complied with and abicied-by, then the entire ~ sum mentior~ed in said note, and this mortgage, or the entire balance un~wid thereon, shall forthwith or thereafter, at ihe option of the mortgagee, Gecome and be due and payable, anything in said note or herein to the contrary notu;ithsta?uling. Failure Gy ihe mortgagee to exercise any of the rights or options herein - provided shall not constitute a uaive? of any rights or options under said note or this mortgage accnred or thereuf ter accruing. ~ ~n ~itness ~hereof~ the soid mort~agor hes hereunto signed and sealed these presents the ~ day and year ~irst aboue ~critten. Signed, sea and delic~re, ' the preserece of: ~ ~`~z~ ~ . ~ . ---------------~..r~:~_~~? - - - - --.-..--..-.------..QJ~? ---------------.--.------.----.---------------------.~1 ~ -----------------------------------------------------------------------------------------Q~ STATE OF FLORIDa, ~ Cou[v'rY oF St. Lucie I HERE$Y CERTIFY that on this day, before me, an o~cer duly authorized in the Sta~e aforesaiJ and in the County aforesaid to take acknow•leclgments, personaUy appearecl John R. King and Gladys E. King, his wife to nte k~a~vn to 1~ the Tx•rvsn8 ~I~•scrilxYl in :~nd ~r}w~ e'.TtY'UIP(I t!N• fi~n•~;oinK instnimrnt and t]ley ackno~~•ledAetl heforc n~e ttw?t ' they PC(Y'llt(YI tIH• s;tmc•. . : 4 . lY(T\F.SS roy h,uid and of6ci:tl k~al in th~• C'.onnt?• and Statc- lact :~I~~n•sa;<I thi. , 15„~]~;~ ~'~;~_clay of May u. ts ?3. ~,~'•~y~'"''. ^ ~~y' ~ . ~~r'~!i 254630 - . y - - - `.~1~~~.--- . : -~F o'--~ :'ss:'~:: FILEO ANU KEC~RDED - " •'z,•..~ ; " C'~ : o -~~t.i bT. WCiE COllNTY FIA. .\ntar~- YtrF~li~ ~t<~~ .tlo ' : ' ~ -i-. R4C~ ~ ';;ttRAS ~ : = s RenUed '.u~°~~~•. ~.V~Dt Gl FRK G:kCU;T CJURT ~ arrr~t G vE' 'fc1.,....~,,,~,~~ :'r1~~ . , ' ~`.~:~;*~f~'~%as'- _•1,? : ly 1;. ~j~ ~ - I 44 PN ~13 r•..~„^::::..•••~ ~ ~I MAY I ~ ' _ ~ _ - - 3 , aoo~r. s~J I I ~~~,~.~~-u~~~ ~ , - _ _ , - ~ .~-~F - ~~o- :