HomeMy WebLinkAbout1015 and shall per/orm, rnmply wilh and a6idt 6y tack und e~~ery tks agnemenls. ~tlpulnlio?it, condlttona and
eooena~ts thereo~, and oJ Il~ts moNga~~, tl~en this mort9aee and 1h~ eatale h..~.6y created. ~hall c~ewe, d~-
fermtne and 6e null an~I iroi~I.
~ the morfgapor heroby lurt~er couenanls and agr~es !o pay pro~nplly whsn dw th~ principal and
tnfe~rsl and ofl~er sunu o~ money pro~ided lor in iald nots anct thb ~nortgage, or ~1th~r: to pay n~~ and
~ingu~a~ t1~e taxvs, assessmenfs. ~eutes, Iiablliltea, ob~tgations, and encumbmnc~a o( ewry natun on aatd pro- .
. perty; to permif, eommit or aufler no wmte, ten~wirmenf o~ detertorotion o~ said land w f1~e Improvemenb
lhen~cn at any lime: to keep Ihe 6uildings now or I~e~rajt~ on sntd Iand /ully insured in o awn oJ not lesi
•tl,an full insurable value
tn a company o? companies acreptabje lo tke mortgagee. ttie po~[cp o? polictes fo 6. heW 6r, o~d Po~6l.
to, anld morfgagee, nn~ in f1~e euen! any swn oj money bec~omes ~.ya6(e by vi?tw b~ iuc~ lnsurance the
n+ortgagee ahnll 6ave tl~e rigkt to recetve and apply the iame to the tnde6tedneu heroby iecuwd, aceounttng
to f~e morfgaAor ~or n~y surplus: !o pny a~~ eosls. ctinrges. nnd expsnsea. tr~c~uding ~awyer s~eei nnd til~e .
aearc{~es, reasona6ly incurrecl or paid 6y the mortgagee because o~ t~e jal~ure oj tke morteagor to promptlr
nnd jully comply witF~ the ngreements, atipu~aitons, rnndtfions and covenanb o~ said note and t~is mortgoge.
or ei~her: to per/orm, c~omply witk and a6tde 6y ench and every the agreements, itipulationa, conditiona and
covenants set forth in said note nnd t1~is morlgage o~ eitka~. In the enent Ihe morfgagor ~ni~a fo poy when
due any tnx, nssessmenf, insurance premium o~ othe~ sum oj money paya6le 6y uirtue o~ satd nole aitd !k4
morlgnge. or either, i~e morfgagee moy ~y f~e same, wifhout wnivtng or af~ecttng t~?e optton to ~orec~ose
o~ any oiker right hereunder, and all such payments shall bear intereat ~?om date tl~ereo) at fl~e I~tgl~est Iaw-
~ul ?ate then allowed by tl~e laws oJ tl~e State o~ Floridn.
~l any sum oJ mo~ey herein re/erred to 6e not promptly paid within thirty day, next aJter
tl~e same becomes dup, or ij eacf~ nnd every t?~e agreements, stipulattona. conditions and covenanfa of said
note anc~ this morlgage, or eitl~er, are no! (ully pe?/ornned, complisd with and ab~d~d 6y, then the enlire
sum mentioned in said nofe, and this mortgage, or the entire 6alance u~puid theneon, sl~nll jorthwith o~
therea~ter, nt tl~e opfion oj tl?e mortgagee, become and be d~ ~d ~rabi~, anytkt.~ in said note or I~erein
to the cont?nry nofu~ithsfancling. Failure by ll~e morfgagee to exencise any o~ fhe rtg~b or optiona ~eretn
pronided ska~~ ~ol constilute a waiver o~ any rig~fs or options under saic~ nofe or this rrtortgage acc?ued or
f~erea~ler accruing.
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~n ~0 ~ the said mortgagor has {~errunlo signec~ anc~ sea~ lhese presents t~e
c~ay an~ year Jint a6one u+ritlen.
Signed, sea d and deliupred ' iF~e resence o~:
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i~in~~ m son
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~ STATE OF FLORIDA, ~
coux~rx oF S t. Luc ie
I HEREBY CERTIFY that on this day~ be[orc me. an
ot(icer duly authorized in the Stat~ aforcsaid and in the County a(onuid ~ to take acknowkdgments~ penonaUy appeared
WILLIAM TIM MASON
to me known to be the person descr'bed in and who executed the tongoinR instrument and he acknowkdged
be(orc me that he executed the same.
~ WI1'NESS my hand and otficial seal in the County and Swte last aforaaid thu ZZttl day of
July A. D. 19 73•
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t. : ..,ti-~; ~ ~ li g~C~t~ bf Fl~~ide '
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1~~;_•.:...••'~-~ar,.~•`~,~':~ F1LE0 sMD HECOROED
~ ~ T" ~`:.Jr< ST. LUCIE COUMTY fLA.
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~ ~~'f~~s„~•~~~~`~~~ • . RGCER PQITRA$ ~
• CIERK C1~;UIT COURT
_ RErOP.~ vE(:~.ry:0
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~ J~.13 2 Zo PH 13
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~ Tl,u Lwrru,rc»r p~epnr~d hy:
~ ~Htc INSTRU~ENT WAS PREPARED BY!
Ar~difss SP~?lC~'; 6. ~ILBERT. Attorney zt Law
~;:R 220.5. SEGUhD SiREET. f7. PIERCE. ftA. 334,'~0 S~x~~
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