HomeMy WebLinkAbout1115 and shnll pe?jorm, crmply wilh ~d abtda by ~h and e~~ery the agresment~, aNpulattoria, rnndttlo?u and
coi~enants thereo(, and oJ this morlgape, t1~en Il~is mortgage and the aitate h~6r rreolyd, a1~nll cease, d~-
termine and be null and i*oid.
~ thp mortgnflor hen?6y (urlhe~ couenanta and agreea to pay promptly wken dw the princlpal and
Infe~+esl and olher s~ims o~ money prouic~ec~ for in sntcj ~ote nnd ftiis mo?tgnge, w eith~; to pay au a?d
ainflu~a~ t{~e taxes, assessments, ~euies, ~iabt~ifies, o6~Igntioni. and e~cum6ronces o~ every nature on aatd pro-
peHy; fo permit. commit or su~fer no wasle. impairmen! or Jeteriorafion o~ aaid lund or ike tmprovemonla
therecn at any time; to ~PPP ~~P butldings ~ow o~ hereajter on ~aid land /ully insured tn a sum o/ not lets
thnn THE INDEBTEDNESS SECUREa Y,EREBY
in a company or companies acceplable lo fhe mortgagee, the po~tcp or poltciea to 6e held by, ~d ~ynbb
to, sald morfgagee, nn~ in !he event any sum oJ money beoomes ~ya6l~ 6y virtue of such ina~uann Ihe
mo?tgagee ahail have the righ! to receive and apply tks sama to t?w indebtedneaa.hereby secured, accounting
to t~e morfga~o~ (o~ any surplus; to pay a~~ costs, c~argea, and expe?ues, inc~tu~ing lawyer
a~ess un~ til~e
:earches, reasona6ly incum~ or paid 6y i~e mortgagee because o~ t~e ~ai~ure o( t~e mortgagor fo promptly
anc~ ~u~~y comply with the ag~eemenfs, stipu~alions, cone~ifions and eovenanls oj said note and tl~ts mortgage.
or either: to per(orm, comply wit6 and n6ide 6q each and e~ery 1he agreementi. stipulatioru, conditioru and
couenants set ~orth In said note nnd t1~is mort8age or either. In fl~e event tF?e ntortgagor fatG to pay whon
due anq tax, assessment, insurance premiunt or other aum oj rnonep pa~+a61e 6y virtur o~ satd note nnd f~ia
morfgape, or eif{~er, !he mortgagee may pay !he same, u~ithout wniuing or uJfecting ~he option to foreclose
or any otF~er right hereunc~er, and all such payments shal~ 6ear interest ~rom dute fkereoj at the hig~est law-
~ul rate Ih~n allowed by 1{~e laws o~ the State o~ Floridn.
~L nny sum oj monPy herein re(prred !o be nof promptly paic~ within l.~ duys next ajfer
fhe same becomes due, or iJ eacF~ and euery the agreemenls, slipulafions. conditions nnd c~ovenants of iaid
note ~d th~s mortgage, or either, are not ~ully per(ormed, complied wilh and o6tded by. ~~en the eRtire
sum mentioned in snid note, and this mortgnge, or t{~e entire balance unpaid tkereon, shall jortkurith or
f~ereaJter, af f~e opfion o~ ftie mortgagee, bec~ome and be due and paya6ls, anything tn said note or hereln
!o t~e contrury nolu~ifhstanding. Fail~ue 6y the mortgapee fo exer+ciae any of t~e rights or optfons heretn
provicled s~aj~ nol constifufe a u~aiver o~ any rights or options unt~er said nofe or f is mortgage a or .
Iflp?'Cp~ler accruing.
~~~11Q~ ~~~Ot~ t{~e said morf~agor has hereunto signecl and sealed lhese presents e~e
cray nn~~ year ~irsl a~ve u~rilfen.
Signe sealecl and delinernd in Ihe presencp of :
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~ STATE OF FLORID4~ ~
~ COUWTY OF St. LUCl@ j HEREBY CERTIFY that on this day. befon me, sn
~ otfic~r duly authorized in the Stat~ atorcsaid and in ths Gountq aforesaid to take ack~wwkdgmmts, perwnally appeued
ARTHUR MAULDIN ~ ~
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~ to mc known to bc thc person described in and who executed the forcgoing instrument and acknowkdged
befor~ me that ~ cxecuted the same. ~
~ N'I7'NESS my hand and o!(icial seal in thc County and State lau aforeuid this ~S " d~Y ~
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A. D. 19
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.,.,.,j;. Notary Public, State of Fla. at arge
~ t;;' ~iy Commission Expires . 1/5/76
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