HomeMy WebLinkAbout2614 nn~ s~~al~ pNr~orm. i•omply u~il~ ancr a~i~e ~iy ~nc~ a?tc~ PI~Pry t~e o{ireemerils. alipu~aliona. contlilions nnt~
cot~enar~ts 1{~P~PO), on~~ oJ f~is murt{~a~p, t~en Itiis morf4~ayr ana !{~e eslate {~e?~e~,y creafecr, sha« cease, de-
IerntinP an~ ~e nu~l n~icj ~~oi~~.
~nd II~P inortgn~ar i~er.~by (urther covenants and ugrre~ lo poy promptly wi~e~ due tk~ principal and s
intPres! ~ncl al~er sums o( money providPC! (or +n said note pR~ I?1~~ mortgage, or eif~er, !o pay a~~ and
sinc~ul~r Il~e (a.res, assPSSm~nts, 1Pt~1PS, ltabilities, o6ligations, and encum6mnces oj every nolwe on aaid pro- *
perly; fo permif. ~ommt~ or suf~er no waste, impairmen! or c~eleriomtion o~ sae~ land or fhe improvemenfs ~
thrreon ~t «ny tirr+e; !o ~PPp (fIP F?uildin~s no~o or he~pa/~er on said land Jully in~~ired in a sum o( ~ot leas `
IJean maximwn insurable ~alue thereof ~
in n ~ompnny or companies acxc+ptable ~o the mort~a~ee, !~?e po~icy o~ po~iciea to be he[d by, antj /wya6~e ~
fo, sai~ mortgagee, ancj in f~e ee+eett ony sum o~ money f~ecomes w,yab[~ by virfue of suc% insurance !~e ~
morfgagee S~qI~ ~IAVP f~e rtgh! to receive and opply the same to the indeb~ednesa here6y secured, accou~ting ~
to t~e morfga~or ~or ~ny stirplut: fo pay al~ costs, charges, ancl expenses, inc[uding ~awyer~s ~ees ontl Itt~e '
sParrh~s, rpasonahly incurrecl or paid by Ihe mortgagee ~ecause o~ t~e ~at~ure oJ !he mortgngo~ to prompt~y
an~ ~n~~y ~oMnly u~if~ t1~e aAreemenft, stipulofiohs, rnn~itions and covenants o( saicl note artd thia i?~tortgage, {
or eil~er: to per(orm, romply u~ith ~Rd a6ide 6y each and every ftie ngreements, stipujalions, rnndilions and ~
rovennnts set (orth in said nole ond tF~is mwtgage or either_ In the euent tlee morfgagor jails io pay when
due any tax, assesament, insurnnce premium or o1l~e~ sum oj mon~y poynble 6y vi~tue of said note and Il~is '
morfgage, or eii~er, t~e morlgagee moy pay t~e 54111P, cuif{~ouf tuatuing or aj/ecling fhe option to forec~ose ~
or nny ot(~er riqbt hereunde~, and aII st~c~ payneents s1~all 6ear interest ~rom date thereo/ at the highest law- '
(uI rate the~ a~Iowed by tl~e ~atvs o) Itip Slate o/ F~orida. ~
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~L any sum o( money herrin re(arre~ lo ~e not prompt~y paid wifhin ~j,~y days next a~ler ~ y
the same be~omes due, or i( eacl~ and ruery t{~p agreemenfs, stipu[ations, conditions and covenarets of said ~
note and tl~is mortpn~p, or eittier, are not jully per/ormed. comp[ied wilh -and abided by, tlien tl~e entire ~ ~
sum mentioned in said reote, and lhis mortgage, or ~I?n entire balance unpaid tl~ernon, sholl Jortl~with or i
I~ereafter, at fhe option o~ f~e mortgagee, become an~ be dr~e Q~d ~yo6t~, anyt~ing in sai~ note or tierein '
to t~e confrary notwil{~sfanc~ing_ Failure hy the mortgagee 1o exercise any of t~e rig~ts or options herpin
pro~~i~~ s~nt~ not constifufe n u~aii~er o~ any rig~ls or oplions uncler saic~ f10~P or t~is mortgagp accruec~ or
t{~~reajter ~ccruinp.
~n ~itness ~hereof r '
~ the said mo?tqngor has (ierpunto signecl anQ SPQIp~ ~~PSP prQJPR1S t1~e
t~ay ant~ year ~trsl ahove (Pt1~IP/1. T
s
SIg/IP~. SPQ~P~ QltO [IP~i~~rrr~ I!1 ~?iP rIPSPRCP Ol:
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D. Emerson, Jr. . `
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STATE nF FLORiDA. ~ ,
C(~L'tiTY ()F ST. LUCIE
~ i HEREBY GF.RTIFY that on this day, before me, an ;
officer du(y authurizrJ in the Stat~ aforesaid and in the County a(or~said to tak~ ack~owledqments, prrsonally appeartd ~
Ben D. Emerson, Jr. ~ ;
~ to uir know~ to 1x thr pe•rson d~scribed in and who CXCCUIP(I the forcqoin~ instrum~nt and he ackaowled¢ed i :
~ beforr me that j'lg ~x~cuted the same.
~\'IT~FSS my- hand and o(ficial s~a) in thr Count> and Stat~• I~st atoresaid this 22jZd day of
~ Auqust n. ~9 73. f
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c~o~~. NOTARi PUBLIC, State~ o~ FZorida
: ; ~~-r~, ' ~ ~ ,
~ at Large ~ ;
; ~ . _ ~ ' ~ My co~aission expires : _ /E . J.7 ~
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