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HomeMy WebLinkAbout1177 ~ and sha1l ~~er/orm, compl~/ tcith aru! uLide L~~ cuch u~ul ~cc•r~ 1he u~;rcemculs, stipulatioru, corulitioru a?u~ ; cocenants tl~ereo/> a?u~ o/ this u~ort~;u~;e, then tl~is nrort~;a~z~ u~ul tl~e estute l~erPGy created, shall cease, de- termirie and Ge null a?Kt void. ~ the mortbagor hereby further couenants a~ut agrees to pay jaornptly when due the priricipal and ~ inierest anc~ other sunu of money prouuled /or in said note aru! N~is mort~age, or euher; to pay al! arul = singular N~e iaxcs, ossessments, leuies, liubiiities, oGli~ntiau, and e?uY~mbronces of coery nature on suicl proN- ~ erty; to pennit, commit or sueer no u;oste, imNairn~ent or de~erioration o/ said land or the irnprovements ~ thereon at any time; to keep ihe huilclin~;s now or hercafter on said laiu! fully i~uured in a sum oj not less ~ than fn a eompany or companies acceptable to the niortgo~ee, the ~wlic~ or ~~olicies to be l~eld by, o?ul po~uble ~ to, said mortgagee, arul in the event any sum o/ money l~ecomes payable by vi~tue of such i?uurance the ; mortga{;ee ~~aU haae the re~ht to receice and 4>>~~1y N~e same to the indebtedness 1~ereLy secured, accounting ' to ihe tnortgugor for any ~sertplus; to pay a11 costs; charges,- arul ear~~er~s, incJurling Mu:yer's - fees a~ui title searches, ieasonably incurrer! or paid liy !he mort~;a~ee Gecu~~se of tl~e failure of ihe mortgagor to promptly ; and fully comply uith ihe agreeneents, stipulations, conditio~u aru! covenarus o/ said note arul this mortgage, ~ or either; to per/orm, comply ~~~ith arul aliule /~y ench ancl euen~ the agreemerus, stipulations, conditions ond covenants set forth in saicl note arul this mortgnbe or either. In t1~c event Nie mortgagor fails to pay uhen due ony tax, assessment, insurance premium or other sum of money payaGle by virtue of snid note nnd this mortgoge, or either, tlie mortgagee may pay the same, utitliout ecaivin~ or a8ecting ihe option to foreclose or any otl~er right hereunder, and u[! sucl~ }wyments sl~all bear interest from dute thereof at ilze hi~7~est la~c- ful rate tRen allou-ed Gy the lau;s oj the State ot Fioricla. i ~ i 3 ~f any sum of money herein re%rred to be not promptly paul ~citl~in thirty ~ys next Offer ~ - i e same ~econ~es ue, or ~ eac a eements; stiprr , note and this mort~age, or either, are not /u1ltJ performed, complied witle ond abicied by, then the entire sum mentioned in saicl note, arul thu mortgnge, or the e~~tire l~alance unJwid Nrereon, ahall forthu,~itl~ or therea~ter, at tl~e option of the mortgagee, Gecome and Ge due nrut payal~le, anything in soid note or herein io the contrary noticitlistanding. Failure by the morttio~ee to exercise an~ of tlie rights or options herein I prouuted s1~aU not constitute a u;aiver of ony rights or optio~u uncler said note or this mortgage accnred or ~ therea/ter uccruing. ~ .~n ~~~Q~ ~~I~CL~D`~ the said mortga~or lias hereunto signed arul sealed these presents the clay and year first ahove ~critten. Signed, sealed and delivered ~n ~ he presence of: . ,a _ l ' _ . e Y~ - ~ ~ . : ----~~?==-'=`-~-~~~---.._..(..(.t.Z::.4t,1.<(_------~-•--~-------•--•--•--- . ~ I ~ ~ - - - - • - - - ~ ! I ; ~ { ~ STATE O~ FLORIDA, H COUNTY OF St. Lucie ~ ; 1 HEREBY CERTIFY that on this day, before me, an ~ of6cer duly authorized in the State aForesaid and in the Count~• aforesaid to ta1~e acknow•ledgments, personally appearecl Joseph H. Cox, Jr. and Betty B. Cox to nx• k~r~~~n to Ix~ fhi~ ~x~rw~n drurilx•d in and ~~M~ ~•~~~c•~d~•d tlH- (un•L~~ink in.tnmH~nt xrnl they ack~W~~'ledRccl t ` l~efur~ux:-th:tL_.~P.y----ik~t~idul_ tl~• .;iiin•_--- - - ~~`IT\Etiti un• h:uKl :md u16ci:tl .~:d in th~• Count} and titati~ la~t :durctiaid thi~ 31st ..~daX of.., • . ~ August u. ~s? 73. • ` . . , - - ~ . ~ - " U . _ _ ~ ~ ` • - ~ ~ _ - ~ ~'~-'r~- ~ ~ - . ~ . _ = -a- : ~.u - ~ Nm~~nr.usuc sr~rE oF nc+R~c?~ ~ ii~ae c~ ~ ~ ; fItEO ANu REGORDEO Mr COMr~tt55~oN fxontES tie~ t~; t~/1~• ' ST. LUC1E C~UMTY fLA. ~ jQ~jp~p TMRU GENER/1L IPISURAPtCE IJtVO'~RVff~f~ - ROGEP. ~~,tR~S ~ , r;~ CIERK L,i.GU~t CO~RT ~ :~l, 7~ - qi . Rc~na^ v~R•f~EO...--= . ~ ~ ~ ~ 23 a~'z 3 ~ } ~ ~ ~ ~ fi'~ 1 +"E:; > 26316 c;~: :r, ~ ~ ~ ~1,~'t~ ~ ~ ~ ~ _ - ~ w ~~r~ W_~ ;