HomeMy WebLinkAbout2711 nn~~ sha~~ ~~rr~o~m, complX wFl~~ and a6icle ~y euc•h anc~ e~~ery IRe agreemenla, slipu~atio?u, condltiona and '
coi~enants thereo~, and oJ Ihis mortgage, fhen this mwtgape and the estale here6y creaied, shall eews, d~-
tprmine and 6e null and iwid.
IiiNl fhP morfga4~o~ hem~y ~urftie~ covenanfs and agrees fo pay promptly when dw tk~ princtpal nnd
infe?psf and olhn~ sums oJ money proi~lded )or in iaicl note and f~ts mortgoge, or etlher: fo pay a~~ and
singular the ~AXPl. assessments, levtes. Iia6ililies, o6ltgaltons, and encum6rances o~ euery nalun on ~atd pro-
perty: to permil, commi! or su~~er no u~aste, impat?meni o~ dete?io?~ntion ol sntd land or the improvements
thP?pon at any lime; fo IePpp the hullc~infls now or tie?Pa~fer on said land )ully insurecl in a sum oJ nof ~est
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~haR $23,000.00 in fire and windstorm insurance
in n company or companles acceptab~e fo !he mortgagee. fhe policyr or polictes !o be heW by. and payable
!o, saic~ moMgagee, anc~ in the event nrty sum of money becomes ~,ya6l~ 6y vtrfue oj such inaurancs the
mortgagep al~all have Il~e rtght to receiue and apply Ihe snme to tRe inde6tedness here6y aecured, acc~ounttng
fo fhe morlgapor (or nny surplus: fo puy a~~ costs, c~arges, and expenses, includtng Inwyer~a leet artcl tttje
sparrhPS. reasonably incurrecl or paid 6y the nwrfgagee because o~ t~e Jni~ure o~ the mo?tgngor to promptly ~
an~ (u~~y comp~y wilti fhe apreemenla, sfipu~nttons, condttions anc~ covenants o~ said nofe and f~is nto?tgage.
or eittier; fo pe~orm, comp~y wilh and a6ide 6y ench and every t~e agreemenb, stipu~ations, eont~ifions and (
coi~enanfs sel ~ort~ in sai~ nolQ ancj this morlgaee or eit~er. ~n fhe event Ihe mortgagor Jat~a !o pay w~en
due any tnx, assessmenf, insurance premium or othe~ sum oJ money paya6le 6y utrtue o~ said note and tl~is ~
mortgage. or either, the morfflagee may pay ftie same, wiihouf iuatuing or a~~ecting fke option to (orec~ose
or any ofl~er right {~erpun~er, anc~ alI sucl~ payment~ sl~all 6ear inferest ~rom tlate tltereoJ at t{te i~ighest ~nw-
(ul rafe ttien n~~owec~ by the laws o~ II~p Slate o( F[oridu.
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i~ any sum o~ money herein refpRP~ ~O ~e not prompl~y pnic~ wifkin days next a)ter
. t~e sam~ he~comes due, or i~ eac{~ and every fF~P agreemenfs, stipu~afions, condifions and covenants of aaid
note and if~is morfeac~e. or either, are not ~u~ly performec/, compliecl wilh and abtded 6y, t~en il~e enti?e
sum mentioned in snid no1e, and this mwtgage, or the entire 6alnnce unpaid therpon, shall ~orthwitl~ or
tl~ereaJter, at the option of 11~e mortgag~e. 6erome and 6e due and paya6le, anqthing in sntd note or here~n
!o I~e confrary nolwil~stanc~ing. Fai~ure tiy t~e morfgagee fo exerciie any o~ f~e rig~fs or optfons herrin
proniclecr s{~a~~ nof conslilulp a waiver o~ any rig~ls or opfions under said note or f~ia n~ortgage accrued or
IhereaJter ac~ruinp.
~n ~itness ~hereof~ 1he said mortqagor 1~as I~preunb signed and sealed theJe presenfs tl~e ~
c~av an~ year ~irst ahoi~p ~urittpn. '
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S~ed. sealed q?1(I (IPIII'P~P~ in 1{ee pr~sencp o~: j' ~ . . - - . _ , 'I
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e STATE nF FLORIDA, ~ `
i coL'~ITY OF St . Lucie '
~ I HEREBY C:ERTIFY that on this day. before me. an ~
~ - k a~knowled mrnts rsonall a arcd
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~ David M. Hakes and Sally J. Hakes, his wife
to m~~ known to br thr p~•rson S described in and who ezecuted the (orcqoinq instrument and wh0 acknowledRed ~
f befon• me that they ~xccuted th~ same. _ ~
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; ~VIT\ESS my hand and official xal in the County and Stat~• last a(or~said this 1'Ttr] d~Y ~
4 AUgL1St A. D. 19 73 ,
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AxC +!~~.JRDED NOTARY UC STATE OF FLORIOA AT R'$!' . i
~`F p MY COM SION EXPIRES AUO. ~ S, ?~jlj
( ~j, IUC~~ Ca,~M~~~~'~. ~ 6ENERAL INSURANCE UNDERIYRI~ERS, ~IVG; j
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