HomeMy WebLinkAbout1159 and shall ~e~~orm, comply u~ith and ~bide by eoch and ei~ery Ihe agreemenls, slipulationi, conditions and
coi~enants thereo(, and oJ tf~is mortga~e. 1{~en this mortyaqe and I?~e estnle f~e?e6y crealed, s~iall cewe, de-
te?mine and be null and i~oid.
- ~nd I~w morfgagor hen~by rurt~er covennnls and ag?ees to pay promptly when due Ihe prtnclpal and
inte~es~ and otf~e~ sums o/ money provided jor in soid note and thts mortgage, or ettl~er: to pay all and
singu~nr tl~e taxes, assessme~ts, ~evies. ~tabililies, obligafions, and encumb?nnces o( every nature on aald pro-
perty; to permit, commit or su~~er no wasfe, impai?ment o~ deteriorafion o~ satd land or !he improvemenls
I~ereon al any timP; ~o ~eep the buildirtgs tiow or herna~ter on ~aid land /ully insured in n sum o/ not less
rl~aR -none
in a compnny or companies acceptab~e to fhe mortgagee, the po~icy o~ po~icies to be held by, ond paya6le -
to, soid mortgagee, cend in the event any sum oj money 6ecomes ~ya6l~ 6y virtue o/ suck tnsurance tl~e
mortga~ee stia« have f~R rigtit to receive and apply tl~e same to the inde6tedness liere6y securecl, accounting
to ttie morlgago~ (or any s~up~u~; fo pay a~~ costs, cltarges, and expenaes, ine~uding lawyer's ~ees and tii~e
sean~es, rrasona6ly incuned or paid by the mortgagee because o~ the lai~ure o~ fRe mortgago~ to promplly
an~ f u~~y comply w~~h ~hP ngreements, stipu~nt(ons, condifions and covenants o/ satd~ no~e and thia mortgaga.
or eil{~er; fo perJorm, comply with and abide by eacl~ and every ttie agreemenfs, sfipulaliona, condilions and
covenanfs sef forf~ in said rtofe nne~ fhis mortgage or eit~er. Ire the euenl Ihe morfgago~ fai~s to pay when
due any fax, assessment, insuronce premiurrt or ot~er sum of inoney' paya6le 6q virfue o~ said note and ttiis
mo~fgage, or eifher, f~ee mortgngee may pay the same. iuit~out euniving or nlrecfing fhe opfton to ~orec~ose
or any other rigl~t I~ereunder, nncl aIl such pnymenls shall 6eQr interest jrom date the~eo/ at Ihe 1~ighest luw-
/ul rate then altowed by ~ke lows of IF~e Sf~te o~ Floridu.
~l any sum oJ money herein reJe?red to be not promplly patd within -3~- c~ays next a~fer
tl~e same 6ecomps due, or i/ each and every the ngreements, sfipulafions: rnnditions and covennnts of said
note nnd this morl~oge, or ettl?er, are not /ully perjormed, complied witl~ •and ab~ded 6y, then tl~e entire
sum mentioned in said note, and this mortgnge, or the entire 6alance unpaid therron, shal[ (oe~t/~with or
t6ereafte~, nt tl~e option o/ Il~e mortgagee. 6ecome ancl be due and pnya6le, anyil~ing in said note o~ herein
to t~e contrary ?iolwithstanding. Failure 6y the mortgagee to exercise any o~ f~e dgh/s o? options ~erein
pro~~i~ecl s~n~l no! constifute a u+aiver o( any rig~fs or options un~er snid note or ftiis mortgage aceraed or
l~erea~ter accruing.
~n ~itness ~hereof~ the said mortgagor has hereunto signed ancl sealec~ these prese~+fs tl~P
c~ay am~ year firsl a~oi~e u~riften_
1 and in tl~e pr~sertce oj:
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. - ~~-~.--t--~ ~~--~ti,-~`--~
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Ol.iver B. Cleaver
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- . . _ _ G,____~C~a.-- ~ ~i~~,t;.`~ - - ~
Ada S. Cleaver
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~ STATE nF FLORIDA,
( ~CO~V~nt oF ST. LUCIE,
~ 1 HEREBY C:ERTIFY that on this day, be[ore me, an
~ officer duly authoriz~d ~n the Statc aforesaid and in the Count~• a(oresaid to tak~ acknowledqments, p~nonally appeared
OLIVER B. CLEAVER and ADA S. CLEAVER, his wife,
~ to m~• known to br the pcrsonS described in and who ~xecuted th~ for~qoine instrument and they acknowledRed
~ before me that they~xccuted the same. . :``'`j~j~~~F~~~;
~ ~~'IT\ESS my hand and o(ficial seal in the County and Statc last aforesaid thi 1~~~{3~~7(f~
~ A. D. 19 73. ~ ~;~u,,~~~. _ .
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My comaaission expires •
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~ + ~'1 ~ 5 ~ 44 1 N~~ ~ Not~ry Pcblic. St~te ot Florida at Luq~ ' ~
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