HomeMy WebLinkAbout1627 and sliall per~orm, comply icit)~ u,u1 uL'ule l,y cucli und cu~~r~ tl~e u~rec»u•~~ts, stipulatioru, caulitioru and
covenants tliereo/, a?ut of tl~is ~norl~;aRe, then this n~ort~;a;;e a~ul tlie cstate hcreby created, s)iall cease, de-
termine arul be null and void. ~ ,
~ the mortgagor i~ereby further cooenants a~ut agrces to pay promptly when clue ti~e princi~al and
interest a?ul other sums of money Nrouuied ior in said note aul d?is mort~;age, or either; to pay a11 arul
singular the iaxes, assessn~ents, leuies, 1iaLilities, ol,li~;ativ~u, an~l encun~Lrances o/ every ~wture on suid prop-
erty; to perniit, comn~it or suaer rw uaste, impairmerrt or deterioration of said larul or the imp~oveme»ts
thereon at any time; to kee~ the l,uildings now or herea/ter on saicl la~ul ful?y insure~l in a sum of not less
than
in a comNany or com~anies acce~~tal~le to the mortga~ee, t1~e policy or policies to Le lield by, a?ul ~w~able
to, said mortgagee, anci in ihe event uny s~~m of money Gecomes jxeyable by virtue of sucli iruurance ihe
mortgagee sholl haue the right to receiue arid aJ~ply tlie same to tl~e indebtedness leereby secureci, uccounting
to ihe mortgagor for an~ surplus; to pay all costs, char~;es, a~ui experues, including~ Inwyer's .fees and tifle
searches, reasonably incarred or paid GtJ the mort~agee because of the failure of ihe mortgagor to promptly
arul fuily com~ly icith the ngreements, stipulations, co?ulitions arul covenants of s4id note ared t)iis nrortgage,
or either; to perform, comply u~ith and aliule by each and ec~errJ tl~e agreenients, stip:~lations, co~ulitions and
co~enants set forth i?e said note aiul thu mortgage os either. ln the event the mortgagor fails to pay when
due any tax, assessment, insuronce premium or other sum of money Jwyable b~ virtue of said note nrul this
mortgage, or either, t)ie mortgagee muy Jwy the same, i~yt)~out icaiuin~ or u~ecting ihe option to foreclose
or any other right hereunder, ancl al! such }wyments shall bear interest from date thereof ot tl~e higl~est law-
ful rate fhen ulloued by the laws of-the Siate of Florida.
` thirty
any sum of money herein referred to Le not ~~tomptly jwid icithin days next nfter
ihe same becomes due, or if eacl~ orui every the ogreements, stipulations, co~ulitions and cooenants of saed
note anrl tleis mortgage, or either, are not fully ~erfnrmed, complied icith and abided.by, ihen ihe entire
sum mentFoned in sa'ul note, and thu mortgage, or the entire balance unpaid thereon, shall forthuritl: or
thereafter, at t/~e oJ~tion o/ ihe mortgagee, Lecome and l~e de~e arul Nayable, anything i~ said note or herein
to ihe contra?y notu;itlistaniling.~ Failure by t)ie mortga~;ee to exercise any of tlie rights or options herein
provirled shall not cor~stitzde a icoiver o~ ony rights or options under said note or this mortgage accrued or
thereafter accruing.
. ~
~n ~l~~i ~l1~1~~`~ the said mortga~or has hereunto signed and sealed these presents ihe
day anc~ year first above uritten.
Signed, seuled and clelioered in the ~~resence of:
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---------------1~~~~~~~~L_..~~~~~/.----- ---...--.----~----J .-.-----------------.-.----t+~
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STATE OF F'LORIDA, ~
COUNTY OF St Lucie
I NEREBY CERTIFY that on this day, before me, an
o~cer duly authorized in the State aforesaid . and in the County aforesaid to take acl:now•ledgments, personally appeared ~
Lester S~pp and Dorothy Sapp, his wife ~ i
4
tu u~e k~r?~cn to lx~ tlx• ~x•rw~n g di~•ri1xY1 in an~) ~chu i•~irutc~d tlH• fon•Luinx instmmi•nt and they ackno~~•iedged
lx•(ore uie th.~t they ~•~~Y•utiYl tlx• ~:~uw•.
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; ~1IT\F.Sti m~• hand and otfici:d u:tl in dx• Cuunh- an~l titati~ la.t aforc•svd thisl5th Qhti~8~
~ ~Llf~.ti~ ~~i
May ,a. D. t~? 73 ~
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