HomeMy WebLinkAbout2668 ~ru! shall Ner(orm, comply ulth a?ul aGlrle 6y each m~d ruc?y the uRre,~emeufs, at(pulatio~u, caulubnt ond
couenants thtnoj, and o/ fhts mo?t~a~e, then this mor~~a~;e u~K! tl~e estate I+erel~~ created, shal! cease. de-
termine a~cl bs nutl and oord.
.
~ the mortgogor hereby further c~o~enants and a~;rees to }wy p~omptly when dus the princtpol and
inter+est and other suma of money p?ovkled for tn said nute and th~s mongogs, or sither; to pay oll arxt
singular the taxes, auessrnerits, leuies, ltabilities, obligetions, and encumbrances of every nature on sokl p?op-
erty; to permtt, commit or sueer no waste, impoirment or dete~iorotton of said Iand or the finprovementa
theneon ot any ifma; to keep the buildtngs now oc hereo/ter on soid land fully insurcd in a sum of not less
than T~enty Five Thousand aad No/lAA----------
fn a compony or companies acceptable to the mortga~ee, ihe. policy or poltcfes to be held by, and Nayable
to, said mortgagee, ond in tiie eoent any sum of »ioney Gecomes payaGle by vfrtue of such insurance the
mongagee shal! haoe tf+e right to receioe und appiy the same to the indebtedness hereGy seeured, aecounting
to the mortgagor for any surplus; to pay aR costs, charbes, ancl expenses, includtng lawyeis fees and title
searches, reasonably incurred or paid by the mortgagee Gecaus,e of the failure of the mortgagor to promptiy
and fuUy comply w~ith the agneements, atipulations, conditions and couenants of said note and fhis mortgage,
or e~ther; to perform, compiy with and aGkle b,y each arul eoery the ogreements, sttpulotions, conditions and
covenants set forth in said note and thts mortgage or either. In tt~e euent the mortgagor fails to pay when
due any iax, ossessment, iruurance premium or oiher sum of money payal~le by oirtue of said note and this
mortgage, ot either, the mortgagee may pay the ~same, w~ithout u:aiving or a~ecting the option to foreclose
or any other right hereunder, and uU such payments shaU Gear interest from date thereof at ihe highest la~w
ful rate then allowed by the luu,tis of the State of Fiortda.
any sum of money herein refened to be not Nromptly paul w~thin 30 ~ days next ofter
the same becomes due, or if each and every the agreements, stipulotions, conditions and eooenants of said
note and this mortgage, or either, are not fuUy performed, complied with and abided by, then the entire
sum mentioned in said note, and this mort~age, or the entire balance unpaid thereon, shaU forthwith or
thereof ter, at the option of ihe mortgagee, become and be due and payoGle, anything in soid note or herein
to the contrary notuithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provicled shQU not consiitute a u;aiver of any rights or optio?u under suid note o~ this mortgage accrued or
thereaf
ter accruing.
~n ~~~1~ ~~~1~ the said mortgagor has_hereunto signed and sealed t1~es~e pr~esenta the
day and year first ohove icritten. ~
Signed, sealed arul delioered in the presence of:
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~ STATE OF FLORIDA,
covlv'rY oF St. Lucie ~ .
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
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~ Jacob D. Stewart and Avanell Stewart, his wife
to n~ k~w~~cn M lie the ~xrriro ik~ccrilxYl in xrnl ~~~M~ P\tY'O~Pd tM• fon~y;oiuK iastn~nx•nt a~xl ~CY acknmvleclged
l~eEore ute th:~t t]1C~/ P\tY'U~/YI ~Ill~ s:tuK•.
WITNESS my ha~uf and of(ie•ial st:d in the G~~mty and titate= last afnrcsaid this igt~ day of
June o. i~? 73
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FILEO ANL' PEG4RDE0 f~, •Y ~ ~
St.LUCIE :JUTRAS~A. .;'~,~A~'~'e~{:
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~ ROvEF i 01 - 4
~ CtE~F. C":~UIT COURt ~ .
RECARO Y~~?•* ~EO
~ PN'73
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