HomeMy WebLinkAbout1256 onci shall pe?forni, co»~pl
y ~citl~ uncl nbide by ruc1~ and cuc~ry tl~c u~;rrc~ne~~ts, stipulatio~u, conditions and
covenants thereof, a?Kl diis ?nort~;a~;e, then t1~is mart~a~;e u~ul Nie estote hereh~~ created, shall cease, de-
termtne and be null ar~d voicl. • '
~ the mortgagor l~ereby /urtlier coe~enants a~ul a~rees to pay promptly when due the principa? end
~nterest aru! other sums of »ionel prooklecl for in saic! ~wte and tl~ts mort~age, or either; to pay all and
singula~ !he taxes, assessn~ents, leuies, laLilities, oLlr~utiorr,s, a,id encumbrances of e~en/ nature on saul prop-
erty; to perniit, commit or sueer no ee~cute, impai~ment or detereornfion of said la?ul or t1~e improuements
ihereon ut aru~ time; to keep the builclings now or hereafter on saicl tond fulG~ iruured in a sum of not Iess
iha~ •
in a cnmNony or companies acceptoble to d~e mort~a~;ee, the ~wlicy o? policies to be.l,ekl by, arul paya6le
to, sokt mortgagee, arul in ihe eoent any sum o/ money Gecomes YayaGle by uirtue of such i?uurance the
rr~ortgogee shall have the right to receiL~e anrl oNply tl~e same to the inclebtedness hereby secured, accounting
to ti~e mortgagor for any surplus; to }xry all costs, charges, and expenses, including laevyer's fees and tide
searches, reasonably incurred or paid Gy the mortgagee l,eceuse o/ the failure of the morlgugor to p~omptly
anct fully comply icith tl~e agreements, stipulatrons, corulitions qnd covenonts of saici note arul tliis mortguge,
or either; to perforne, comply ec~ith and abule by each and euery tl~e agreements, stipulntions, conditions and
covenonts set fo~tb in saic! note and. this mortgage or either. In the eoent the mortgagor fails to pay u;hen
due ony tax, assessment, insurance premium or other sum of money payaGle by nirtue of said rwte and this
mortgoge, or either, the mortgngee nw,y }wy the same, w~t/toui icaiuing or n~ecting the option to foreclose
or any other right hereunder, orul aIl such ~ayments s1raU Gear •interest from date thereof at tlie highest law-
ful rate then allowed by the Iauu of the State of Floreda.
~L any sum of money herein referred to be not promptly Jxekl icithin ~irty ~~s ~~er
ii~e same becomes de~e, or if each a?ul every the ag?eemerus, stipulations, eonditions and covenants of said
note ancl this mortgage, or either, are not fully Ner/ormed, complied with and abided by, ihen the entire
sum mentioned in said note, and this mortgage, or the entire balance i~nyaid thereon, s1~nl! forthwith ~ or
thereafter, at the option of the mortgagee, liecome and be due a?ut payable, anything in saicl note or herein
to the corstrory rat~eithstancling. Failure by the mort~;ogee to exercise any of the rights or options herein
provuled shnU not constitute a waiver of nny rights or options u?uler said note or this mortgage aecrued or
thereaf
ter accruing.
~n ~IL~L~~I~ ihe snid mortgagor has hereunto signed and sealed these presenis the
da~ and year first ~iove icritten.
Signed, sealed and delioered in the presence of: 1 ~
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STATE OF FLORIDA, - ~
~ COUNTY OF St Lucie •
~ I HEREBY CERTIFY that on this day, before me, an
~ o~cer duly authurizecl in the State aforesaid and in the County aforesaid to take acknow•leciqmentr, penor?aliy appeared
€ Ginevra S. Pauley
~ to mr k~xm•n to I~r tM• ~•rWn~ d~~scrilx~d in :?nd ~~}N~ e•ciY•uti•d tl?r fon•~;oinK instnuTx•nt :u~d She arkno~sletlRecl
~ hefor~~ nx~ tl?at S}1e e~~Y•uh~l t~?~• .a~ui•-
15th
s R'1'1'\Etiti my h:?nd uud ufficial cc•xl in thr (:uunty and titate la~t :dnn~said this clay' of
; June 73
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