HomeMy WebLinkAbout0620 and s)~all ~~er(onn, con~pl~~ ~rith u?ul ul~ide by ~•ucA uisd cr~~r~ tl~c u~re~c~u~~nts, .sti~,ulutio~u, cu~ulitioru an~l
couenants N~ereoj, aru! o/ fhis wo?tRu~;e, then this ~~~art~u~e und 11~e e~stute hercb?~ rreuled, s1~a11 cense, de-
termine antl 1~e nuU antl void.
~ ihe mortgagor herebt/ (urtl?er coue~w~ifs a~uJ agrccs to pa~ prou~ptly ~rl~en due tl~e principal a~ul
interest a?ul other sums of »~oncy prouided /nr in said nofe n?ut N~is mort~;age, or either; to pay all arul
sirtguiar the tares, assessmen~s, leuies, lia?~ili~ies, abli~;utio~u. an~l enctunbrunces o/ euery rwture on suul proN-
erty; to j~ermit, comn~it or su8er no icusfe, impairmeut or deterioration oj said lu?id or N~e improt~ements
ihereon at any time; to keep d~e buildin~s noic or hereu/ter on said larul fully insured in u sum oj not less
than
in a comjwny o~ comjwnies acceptable to the mortga~ee, t1~e pnlicy or ~~olicies to be. held G~/, arul pa~~able
io, saul mo~taa~;ee, a~ul in the eoent any sum of money ?,eco?nes jwyuble Gy virtue o/ suc1~ ii~,surance the
mortgagee sl~all l~ave tlie ri~;ht to receive a?u! up~~ly the same ~o t1~e indeytedness IiereGy secured, accounting
to t1~e morfgabor ~or any s~~r~~lus; fo ~wy aU costs, char~es, au! expenses, includin~; ~u:yer's fees aiul tftle
searclies, ieasaw2ily incurred or Jwid~by the mort~a~;ee I,ecuuse of the failure of fhe ?no?tga~or fo promptly
and fully co~i~ply ~ciih the agreements, stipulati~ns, co?ulitio?~.s arul covenanfs of saul ~wte a?ul this mortgage,
or either; to per~onn, comply ioith and aliule Gy each and ecer~/ the agreeme?its, stepulations, co~ulitions a?ut
~ covenants set forth in saed note ancl t1~is mort~;a~e o? eitl~er. In the eucnt the mortbagor fai[s to pay ichen
due an~ tax, assessrnent, insurance premium or other sum a/ mo?~ey jwyal,le Gy uirtue of said note arul this
mortgage, or either, the mortgagee may Jwy the same, ~~~tliout i~aiuin~ or a~ecting the option to foreciose
or any od~er right liereunder, arul n!l such jwymenes sleal! Gear interest from date ihereof at the hi~hest law-
ful rate ihen aUou;ed by the lau:s of ihe State of Florutn.
~l aru~ su?t~ o/ nioney l~erein referred to be no~ J~romJ~tlt~ Jwul u:ithin thirty days nexi a~ter
the same becomes due, or if each arul evenJ the agreeri~ents, sti1nelataiu, conditio?u o?ul cot~enants of said
note anrl this moitga~;e, or eitl~er, are not full~ performe~i, complied uith a~ul abicled hy, tlien the entire
sum mentioned in said note, a~ul ihis mort~age, or tl~e entire balance unjwi~l tl~ereon, shai! fonhuuh or
ihereafter, at tlie ol~tion o/ N~e mortga~;ee, l~ecome and l~e due a?ul Jw~~aGle, nn~hing in said note or herein
to the contran~ notir.itl~s~ta?ulinb. Failure Ly the mo?t~;a~;ee io exercise nn~ o/ die rights or optioru herein
-~rovuled shail not constitute a icai~er oj any riglits or optioru uruler sai[1 note or tl~is mortgage accrued or
thereafter accruing.
~n ~itness ~hereof~ the said mortga;;or has hereunto si~;reed a?ul sealed these presents the
day ancl year ~i?st ahooe ~rritten.
Signed, sealed ancl clelioered in the presence of:
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! STATE OF FLORID~, ~ -
~ covN~ oF St. Lucie ~
~ ~I HEREBY CERTIMY that on th~s day, before me, an
ofScer duly autM~r'rr.ecl in the State a(oresaid ancl in the County aforesaid to take ackrx~w~ledgmentti, perw~~lly appeared
William B. Hammond and Stella Orean Hammond
tu i11P ~:INI\\'ll t~~ Ir• thi• ~x~rw~n d~~.a•rilK•d in :ui~l ~~IN~ i•~~Ynt~•~I fl~~• 1on•LUink in~tn~nu•nt an~l they . :,~~~~N~••~?~~~K~Y~
Ix•fun• ini~ tfwd they ~•~e~•uti•cl Ihi• .:~tni•.
~ ~~'I'f\E5ti my ha~Nl an~l ~~Ifici:d .e:d in Ui~• Cmmt~ xnd tit:~ti• I:t~t :tfnn•~ti~l thic l~th ~-;~•c1aY of
~ July u. is? 73. i
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