HomeMy WebLinkAbout0547 and shall per/orm, romp[y wilh and ~bide by each an~ erpry thw apreements, stipulaiioni, rnnditions and
co~~enants 1{~ereo(, and o/ this mortga~e, tfeen t1~is inw~yage and Ihe e:taie hereby created, ahall cense, de-
termine ane~ ~e nt~Il anc~ +~oic~. `
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~n~ t{~a mo~fgu~or tier~•~y ~ur!{~er couenanls ond agrees lo poy promplly when elue Ihe prtncipal and ~
/~iiPlPSt ancj ofhpr aums of money pronidecl ~o~ in anicj nofe ane~ fhtt mortgage, or either; fo pay a~~ and 4
sen~uln~ tl~e ~axvs, assessments, levies, lia6ilities, o6ligalions, and encum6ronces oJ euery nalw+e on sald pro- ~
perfy; !o permif, rnmmit or su~~er no u~aste, impai~ment or defpriowtion o~ said ~and or I~e improuements ~
1he?~wn al any lime; to keep fhe buildinfl. nou~ or {~ereajt~r on said l4nd Jully insured in u su?n o~ not Ie~s ~
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in n company or compantes accepta6~e fo l~e mortgagee. I~e policy or policies to 6e held by, and peyob~e ~
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to, suid mort~agee, and in tF~e e"vent any sum o/ money becomes payabl~ 6y uirlue of sucl~ insumoce the
morlgagee sf~a« have f{~e rtg~t to receiue Qnd apply t1~e sams to the indebterlnesa here6y secured. accounting ~
fo t~e mo~lgaqo? (or any surp~us; fo pay ul~ oosls, c~arges, and expentes, inc~uding ~awyer'a (ees anc~ fif~e ~
searc%es, ~easonahly t~cnrrec~ or peid by the rnorlgagee 6ecnuse o~ fke Jui~ure oj ftie morlgngor fo prompt~y
an~ ~~e~ly comp~y wif1~ t{~p agrepments, sftpu~ations, conc~itions and covenants of saic~ nole nnc~ ftits mortguge. ~
or Pilher:_to per/orm, ~omply ~utth and a6ide 6y eacf~ nnd every ttie agreements, stipulations, rnnditions and ~
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cocTenanfrsN- forth er~-ani~- nole ant~ this mortgage or eil~er. In !Re event !he mor(gaga~ (aifs-to pay w~en - - -
due any fax, assesament, insurance premium or ofher sum oE money poynb~e 6y virtue oj snid note and f1~is
moHgage, or eit~er, !{~e morfgagee mny pay ttie same, wit~out iuaiving or a~~ecfing f~e oplton to foreclose
or any other rigl~t I~ereunde~, anc~ aQ sucl~ payments sl?nlI 6ear interest (rom date thereof a! the f+tghest lam-
(ul rate tF~en a~lou+ec~ by I?~e 1au~s o~ If~e State o/ Floricra.
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any sum o~ money herein re(erre~ to f~e no! prompfly paid within ~irty ~oYs next af ter I ~
t{~e same becomps ~Iue, or iJ each and ee~ery t?~e agreements. stipulalions, rnnditions and oovenants o/ snid (
note and this mortgage, or eitF~er,, are ?~ot jutly per/ormed, complied with •nnd abic~pd by, 1l~en tlee entire
sum mentionec~ in said note, and this mortgage, or the entire balance unpaid tlterpon, shol~ /art6wilh or
i~erenjler, af t~e opfion o{ t~ie mortgagee, bec~ome and be c~ue nnd pnyable, anything in saic~ note or {~e?ein ~
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to t e confrary notwithstanding. Fni~ure Ry-[J~e inorlgegee /o exP?ctse nnq of the rig~ls or optiona I~erein-- _
proricled s~al~ not coresfitritp a u~aiver of any rip{efs or options unc~er saicj note or f~is mortgage nccruec~ or
f~~rpa~ler accruing. ~
~n ~itness ~herenf~ f{~e saic~ motfgngor {~as hereunto signecl ancr sealec~ I~ese presents ftie
~ ~ay an~ yeor firsl o~~~ve ti~ritten.
Signed. seeled ar~1 dpI'ner ~ in th sence o~: ~ ~ "
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i j.'~~' ~ Ben D. Emerson, Jr.
' , . as.. Trus~ee.....__
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STATE OF FLORIDA, `
COUNTY OF ST. LUCIE s
1 NEREBY CERTIFY that on this day, before me, an ~
offirer duly authurized in the Statc a(oresaid and in the County aforesaid to tak~ ac{cnowledqments, p~rsonally appear~d
Ben D. Emerson, Jr., as Trustee 4
to mr known to tx thr person describ~d in and who execut~d th~ foreqoin¢ instrument and he acknowledqcd t g
bc(orc mc that he exccuted th~ same. ~ i
~~IT`ESS my hand and of(icial seal in the Count~• anJ Stat~• last aforesaid this 37,st day of ~
August p. D. 19 73. " ! ~
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' t~, NOTARY LIC , State of 1 ida ,
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. ^ ~ at Large . ~
• ~T.z My commissvn expires s~_7S/ ~ ~
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fIlEO AMO RECOROED , :
R; - ~ $T.IUCIE COUMTY FLA. ~
p~.. 0'~ ROCER ?JiTRAS <
J~ 10A;..``~ CIERK ClRCUIt COURT ~ ;
•~~r ryen;~''~ RECf±RD YER~FIEO.~...~..~..~ ~
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~ Auc 3! 3 os PH'73 f
. !lirr lirflniafr•rr~ prr~nrir/ 1}~: ~
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8oaK218 PacE 546 '
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