HomeMy WebLinkAbout1549 an~ sha~~ p~~~~orm, romply u~ill~ an~ ntiIc~e ~y eac~ anc~ e~~ery Ihe agreeMenis, sftpulatlon's, conc~lttoru and
covenanls l~~emul. nnd o( !{~Is mo?If~ape. I~en I~is tnor(pape QR~ ~~li estate hernby create~. s~a~~ ceass. de-
IPIf11111P Q/I~ ~ m~~~ an~~ ~~uic~.
t~~N murf~anor ~~er~~f~y ~uriher couennnfs and ngreea ~o pay promptly wleen due the p~incipnl and
inlerns! and al~~er sums af money provi~e~j ~or in soicj note anc~ fhtt morlgage, or either; to poy a~~ and
sin~ular li~e la.res, assessmi•i~ls, I~vies. ~Ft1~f11IfPS, obliQafto,~s. a~d enciimbmnces o~ every nalure on said pro-
perlp: lo ~rmit. cummif ar su~fer r~o u~asf~, impairmenf or deferiorafton o~ aaid land o~ I~e improvemenls
11~rrncn a~ nny HR1P; io k~~~q~ l1+~ buildings noir or he?~a~t~~ on saicl Ian~I ~ully ins~ucKl in a sum o( not ~ess
tb~n the .aggregate unpaid balance f'ram time .to tim.e oiring
in a rnmpany or com~wni~~s orcrptable Io Ihe• moriga~ee, Ihe policy or poltcies to 6e F~ptd by, and payable
lo, sai~I morlf~ngee, a~~c~ in f~~~ ~~ren! any sum o~ money becomes paya6le by virtue o( such insurance ftie
morign~Pe sholl ha~•p the .ic~ht to rc~eii=~ aeid app[y Il~e same fo tF~e inde6tedness hereby secured, aceounteng
to ftie mort~a~or ~or any surp~us; fo pay a~~ cosfs, c~arges, and expensps. including ~awyers fees and tjtle
searctie~s, r~asonnh~y incurrr~I or ~~aic~ by I~ie mortga~ee because of f~e ~ailurp o~ I~e morfeagor fo prompt~y
nn~ ju~~y comply witl~ II~e a4~rei>menls, sfipu~afions, con~ifioru and rnvenants o~ said nole anc~ f~ts mortgage.
or eif~~er; fo pe~(orm, c-omply u~it/~ a?uI abi~e I~y eac{~ an~I every Ihe ngreements, stipu~attons, condittons a~d
cot~er~~nfs sat (ort~ in saic~ riole anrl t~is morfpage or eilher. ~n the eoent th~ morfgagor fai~s to pay when
_ d«~ a» y~~x, assessrre~~~f, insurn»~e premium or otl~e~ sum o~ money paya6le by ~~irtue of sai~ note and t~is
morl~ape, or Pil{~er. Ihe mo~tc~a~~e~ may pay Ihe same, u~il~out u?aiutng o~ uf~ecting f~e oplion to ~oreclose
or nny olher ri~~ht h~reurc(er, nnd n1I such payments shall 6ear interest from dnle Il~ereoJ a! the F~ig~est 1aw-
~u( r~te Ihen allo~ued by rhe la~rs o~ Ihe State o~ Florida.
~L nny sum nJ murev hereiri re~erre~ lo be not promptly paid wi!{~in th~T~ cjays next a~fe~
1~ie som~ tiecomes ~ue, or i~ eacli ~nc~ ~very II~e agreemenis, atipu~altons, conc~ilions an~ couenanls o~ said
note and t6is mortga~e, or eilhc~r, are ?iot f ully per~ormed, complied wit/~ and abided 6y, tl~en the entire
sum mentionpcl in said note, and Ihis mo~tgage, or tl~e entir~e 6alance unpaid Ihereon, shatl Jorthwit{e or
i{~ereafter, at th~ option oJ the mori~ta~~~, bpcome and bc+ due and paya6le, anything in said note or I~erein
fo I~e rnnlrnry nolu?it~slan~in~. ~ni~urp ~y I~e morfgagee to exercise any of f~e •rig~ts or options tierein
provicled s~a~~ not conslifute A U~A%I~PP O~ nny ri,ryhfs or options ulider said note or l~is mortgage accrued or
I~ierc~aJfer accruing.
~n ~Uitness ~hereof~ sai~ morfgngor hRS I~prpi,nlo siyn~l and sealed these presents ftie
c~ay ancl year lirsl atioi~e ivrilten.
Siy~ an rlii rnd in !h~ pr~s~~ncp of :
~ - - . - - - --a~~ ~-t,-~-~-----~f_Q._._.. -
Lavrence L. Cle orn
~
- - - /~-t. . ~ -
- .Beatrice Cleghorn~
-
- - -
. STATE OF FLORIDA, t
COU:~TY OF St . LuCie ~
I HEREBY CERTIFY that on this day, be[ore me, an
officer duly authorized in the Stat~ aforesaid and in ihe County aforesaid to tak~ acknowledgments~ personaUy appeared
' , Laxrence L. Cleghorn and Beatrice Cleghorn, his ~r3.fe
i -
i to me known to tx the person S dcscrib~d in and who e:ecuted the (oregoinq instrumeot and they acknowkdged
~ heforc me that th@y ex~cuted the sama
~ WI'1:~1ES5 my hand and o(licial seal in thc County and Statc last a(oresaid thu ~st day of
~ 1+Q~r A_ D. l9 ?3. ,
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~ Hotaty Public, Stat of Florida at Large
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