HomeMy WebLinkAbout1581 ond shall ~er/orm, comply uith arul al~ide by eurh and euer~ Nie u~reeuie~~ts. stlpulationt. corulitioru ond
covenonts thereof, und o/ this mortgo~;e, then this mnrt~;a~;e a?ul ~he estote hereby created, shall cease, de-
ts?mine a~ul be null and ooid. '
~ the mortgagor hereGy /urther covenones o~u! a~rees to pay prornptly when due the }~rincipol and
~nlerest and other sums of »~oney provicled for tn soid note arul thla mort~;oge. or eit)ier; to pay aU and
singular the taxes, assessments, leuies, liu~iilitics, obli~;ativns, ond eiu~uiriLrarices oj euery nature on said prop-
erty; to permit, commit or suBer no u;aste, finpoirment or deterioration of s+ou~ iand or the improuements
thereon at any time; ~p keep dee buildings noio or herea~ter on sairl land fully i~uured !n a sum of not less
than
in a compony or companies occeptalile to the »~ortga~;ee, ti~e policy Qr policies to be helci by, and pa,yuble
to, soid mortgagee, nrul in the event ony sum of money Gecornes payaLle by virtue of sucl~ insurnnce the
mortgagee shaU have the right to receice and ap~ly the snme to the indebtedness here~y secured, accounting
to the mortgagor for any surplus; to pay aU costs, charges, u?ul expenses, including lawyer's fees and title
searches, teasorably incurred or paid Gy the mart~agee Gecause of t1~e failure of the mortgagor to promptly
and fuUy comply with the agreements, sti~~ulations, conditions anct couenants of soid note and ihis mortgage,
or either; to perform. comply wit?a and ab~1e by each arul every tl~e agreements, stipulations, conditioru and
covenants set fvrth in said note and this mortgage or either. In the euent ti~e mortgagor fails to pay when
due any tax; assess?nent, insuronce premium or other sum of money JxiyabJe by virtue of said note a~ul this
mortgage, or either, the mortgagee may pay the same, a~ithout u;aiuing or aBecting the option to foreclose
or any other right hereunder, and nU such payments shaU l~ear interest from date thereof ot the htghest la~u-
ful rate ihen aUou;ed by the laws of the State of Florida.
ony sum of money herein referred to be not promptly paid ioithin thirty days next ofter
the same becomes due, or if each and euery the agreements, stipulations, conditions and conenants of saetl
note anci this mo?tgage, or either, are not fuUy performe.d, complied icith and abided by, then the entire
sum mentioned in snid note, and this mortgage, or ihe entire balunce unpaict thereon, shall forthwith or
therea/ter, at t/~e option of the mortgagee, become and be due oncl ~ayaGle, anything in safcl note.or herein
to the contrary notwithstandir~. Failure by the mortgagee 'fo exercise an~ of il~e rights or options herein
provicled shall not constitute a tcaiver of any rights or options under said note or this mortgage acerued or
thereafter accruing.
~n ~itness ~hereof
~ the said mortga~;or has here~rnto signed arul sealed these presenis the
day und year first above ieritten.
Signed, sealed and delivered in presence of -
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~ STATE OF FLORIDA,
~ ~ COUNTY OF St. Lucie ~
~ I HEREBY CERTIFY that on this day, before me, an
~ o~cer duly auttx~rizeci in the State aforesaid anci in the County a[oresaid M take acknow•ledgments, personally appeared
Laura B. Hancock
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~ to n~e k~x~~vn to Ix~ the~ ~x•rv~n ik~u•rilxYi in aind ~~~M~ i•~iY•utrd tM• (on•cuinK instninx•nt und S~'1@ :x•kno~~~ledRcK1
~ before u~e t}~:?t She ~•\lY'R~tYI ~{lt• wo~K•.
~ WI"I'\ESS ~ny h:md :tnd o(fici:il u~:d in the ('.~iunty and Statr l:?~t a(unYaid this 14th ~~Y ~f
~ ~ June t~. ts~ 73
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A R~ • F=':`_'
iT. LtlCfE COU ~ i • : , , ~ , : ':s--
ROGER f01TRAS P~:!,lir - G.,t.~ ~ ~
CtERR C~RCUIt COURT . , - t F~rw~:~' ~i ; !.r
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