HomeMy WebLinkAbout2436 and shall perJorm, comply u~ilh and abide 6y ench •and ei~ery tl~e agreements, sHpulntioni, condttions and
co~~enants thercwj, and oJ Ihis mo?tgape, then tl~~~ mwtgage and the eatute 1~..~6r c?ented, shall cewe, ds-
termine and 6e null and iwid.
~ the mortgaflor her~~6y /urther couennnts nnd ngrees to pay promptly when due the prtncipal and
inferrat and other sums o~ money provi~ec~ (or in saicl nofe and f~is mo~fgage, or eifhe~: fo pay o~~ anej
singu~ar the fa.res, assessmenfs, ~evies. ~iabi~ilies, ob~igallons, nnd encum6rnnces o~ every nalure on sntd pro-
perty: fo permit, commil or suf(er no u~asfe, impatrment or c~ete?tomlion of said Iand or the tmprovementa
lhPrecn at any time; to Ireep fhe buildinfls nou• or hernajt~r on ~AId IQR~ ~ully insurecl in a sum oJ not less
than plr,pEST INSURABLE VALUE
in a company o~ companies accrpta6le lo Ihe morlgngee, !he policy o~ policies to 6e held 6y, and pnyable
to, saic~ moefgagep, anc~ in fhe evenf any sum o~ money becomes ~ya6l~ 6y virtue oj such insurance fhe
mortgaflee sha~~ haue ttie rigtif to r~ceive and apply tl~e same to the ine~ebfedness here6y secured, aceounting
to f{~e mo~f~a~or ~or any surplus; !o pny a~~ cosfs, cha~ges, nnd expenses, inc~uc~ing ~awyer~s ~ees nnd fit~e
searcl~PS. reasonaf~~y incurrecr or pai~ by fhe mortga~ee 6ecu••se o( fhe jai~ure o~ Ihe mortgagor !o prompf~y
anc~ ~ully comply u~ifh the apreemenls, stipu~ations, conc~itions and eovennnts o~ said note and lhis mortgage.
or either: to perform. comp~y u~ith and a6ide. 6y eac1~ and every the agreements. stipulations, oonditions and
conenants sef forf~ tn said nofe anc~ f~is mo?tgage or eif~er. ~n ftie ~ue~t the'mortgngor ~ni~s to pay u~hen
due any ~ax, assessment, insurance premium or olher sum o( money payn6le 6y virtue o/ said note and this
morlgnge, or eil~~er, fhe mortgngee may pay f~e same, withouf wniving or aJJecliag fhe option to (orec~ose
or any otl~e~ ri~1~t hereuncler, and all such payments shal! 6ear interest /rom date IhereoJ al 1{~e highest law-
~iil rnte Ihen a~lou~ed 6y fl~p lau~s of tl~e Sfate o( Florida.
any sum oJ money {?erein re(erred lo be not prompfly paid w~eh~n thirty (30) dnys next a~ter
Ihe same 6PCOm~s due, or ij each and ei~ery fhe agreements, stipulafions. conditions and couennnts o( saic~
note and this morlynqe, or Pl1~IP~, are nol (ully per(ormed, complied with and abided 6y, then !he entire
sum menfioned in said nofe, and Il~is mortgage, or ll~e entire bn~nnce unpaid thereon, shal~ ~ortl~wit{? o~
thereafter, at fhe option oj the mortgagep, 6ecome an~ be due and poya6l~, anyfhing in said note or herein
to f~e rontmry nofu~ilhslancling. Failurp ~y Ihe morfgagee fo exercise any o~ the rig{~ts o~ options herein
pro~~i~ed shall nof conslilute a u~niner oj any rig~ts or options under saicl note or fhis mortgage accruPd or
t~ereaJl~r accruinp.
~ ~n ~itness ~h~0t~ tl~e said mortgagor has F~prpunfo signed and sealecl f{~ese presents the
~ay anc~ year ~irsl a~~one u~riHen.
Signec~, sea~e~ an~I tl~Iirere~I in l{~e pr~sencP o~: .
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i ~ LILLIAN T. S80NTY
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~ - - IRENE F. JO NSON
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~ STATE OF FLORIDA,
COti \TY nF
ST LUCIE i HEREBY CERTIFY that on this day~ be(ore me, an ~
o(fic~r duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgmenu, penonally appeared ~
~ LILLIAN T. SHONIR and IRENE F. JOHNSON
to mc known to b~ the person 8 describeel in and who executed the for~going instrumrnt and WIlO acknowledged
~ before me that th~ ~x~cuted the same.
~
~ ~~'11i~iESS my hand and official seal in th~• County and Statc last aforesaid this j$th day of
~ September p. D. ~g73
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Sj.~UC~=F'F~~;p45 ~ NOTARII PUBUC, ~tate o~ r~orba at Large
li+; ~;,GC JU~ ~ ~~uR~ My Commiss~on Expires December 18, 1976
- CLE~ ' F~ BonAeO TAru AUTO.OYIfNER3 INSURANCE CO.
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