HomeMy WebLinkAbout0459 an~ sl~a~~ per~or»~, comp~y wil~ and abide by sac~ nnd ei~ery !~e ag?eemQnb. ~tipu~ationi, condiftont and
covennnts thereoJ, and oj I?~ta mortgaQe. lF~en Ihis mortgage and tl~s eatnte h.r~6r created, s1~all cea~e, d~-
termtne and be null and void.
~ the ?nortgaQor I~ew6y /urthe~ rnuenants and agrees to pay promptly when dut tha principn! and
inferesl nnd other sums o~ money prouided ~or 1~ anid note and thia mortgags, w eit~er: to puy a~~ and i
atngu~ar fhe faxes, asaessments, ~euies. ~ia61~tties, ob~tgationt, and encumbmncea o~ avary reaturs on actd pro- '
perfy: fo permit, commif or suJ(e~ no wuste, impairment or deterioration oj said ~nnd or t{~e improvemenb
thPrrcn at any time; to Irpep fhe 6uildinfls now o~ herea)ter on ~ajd bnd /ully inaured ~n a sum o~ not leu ~
f1~an MAXIMtIM INSUI2ABLE VALUE ~
in n company or companies nc~ceptable fo t1~e mortgagee, the polfcy o~ policiea to be held 6y, and ~ya6l~
to, sai~ mortgugee, an~ i~ Ihe enent any sum of money becomea ~y~61~ 6y ui~fue of auch insurance t~e ~
morfgagpe shall ha~~e !he right to receive and npply the same to the inde6lednesa here6y secured, accounfing
to f~e morfga~or ~or any surplus: to pay a~~ costs, c{~a?ges, and eatpenies, inc~uding ~awyer s jeea and tit~e ?
searcties. .p~o~~a6ly incurrecl or paid by the mortgagee 6ecause o~ fhe (at~ure oj t~e ?norfgago~ fo prompity ;
~ : > o_a_.
and (u~~y comply wilh fhe agreements, stipu~tions, conclitibna and rnvenanfs uf aai .:.:o .':':~'f^^^° ;
qr ~i_Il~er:_ fo Pe~orm. comply u~ith and abide_by.each and~ery--t6g__~s~4~~n~~._~t~puiatton~,_.cond~tton3_~ns1--
- covenants spt-fo?f{~ in saie~ nota anc~ this mortgage or eitl~e~. /n t~e event fhe mo?tgagor fai~-to-pay w/~en-- ;
due aRy tox, assessment, insurance p~emium oi ofhe~ sum of money paya6le 6y utrtue o~ saic~ nofe and tRis ~
mo~lgage, or eit~~er, the mortgagee may pay Ihe same, wif~out waiving or a((ecttng f~e option to f
orec~ose ;
or any ofher righ! f~erpuncrer, ond all suck pnyment: sl~all 6ear interest (rom date thereo) a! tl~e htgl~est lnw- ~
~uI rale Ihen allou?ec1 6y Ihe laws of the State o/ Florida. ~
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any sum oJ money herein re(errecl to 6e no! prompfly pai~ wilhin thirty days next nfter
- fF~e same 6ecomes due, or i~ each and evpry fhe agreements, stipu~alions, condilions and covenanls of said
note anc~ Ihis mortgnfle, o? eitf~er, are not ~ully per~ornted, complied witl~ o~d a6ided 6y, t~en tl~e entire
aum menfioned in said note, and lhis mo~tgage, or the entire 6nlnnce unpaid thereon, shall Jorthwith or
tl~erea(ter, nt the option oJ the mortgngee. 6ecome and be due and paya6le, anytl~ing in said nole or I~erein ;
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to fh¢ confrary nolu~iil~standing. Failure 6y f1~e mortgagee to exer+cise any o~ the rtghts or opttons ~erein
proni~Iecl s~a~~ not conslitufe a u~ainer o( any rig~fs o~ options under sni~ note or ttiis mortgage accrued or
f~ereaJler accruing.
~n ~~Lll~s ~~~1~ ttie said mortgagor {~as F~ereunto signecl antl sealecl Ihese presenfs tF~e
day and year ~irst abone u~?itfen. ~
Signed, sealpd and de '~ered n the esencp oJ: ~ ~ ~
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, • L1o d . ScOtt
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; Frances K. Scott
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~ STATE OF FLORIDA, ( ~
COUNTY nF ST. LUCIE 5 ~
~ I HEREBY CERTIFY that on thi: day. before me~ an
ot(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to ak~ acknowkdgmenu. penonally appeared ;
~ LLOYD W. SCOTT and FRANCES K. 9COTT, his wife, ~
~ to mc known to bc the pcnon S dexribed in and who executed the for~going instrument and they acknow{edaed
be(orc me that they exccuted the same.
~ N I7;'VESS my hand and o(ficia! seal in thc County and State last a(oresaid this 'L y~~ day of
~ AUC~USt, A. D. 19'7~,
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'4 ~Not y Public, State F oric~a
~ at Large. ~
~ ~G' ~ i
r_ My Commission Expires: ~ ,
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~ FllEO AMO ~;Lcu?DEO ~R .
ST. LUCIE COUK ~ 1 ilA. r` •-!s•
~ ROCEn POITRAS ~ :
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Ad(~1fSf 0 R ~ •
~ 800K 218 PAGE ~J~ ~
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