HomeMy WebLinkAbout0269 II I
and shall pe~Jorm, comply u~itl~ and abide by eocl~ and ei~ey tl~e aQreements, sttpulation's, condttions and
co~~e~ants ~I~ercrof, and o~ this mort~a~te, i1~en t1~is mortgage and the estute he,~6y creoted, sl~all cease, de-
termine and be null and ~~oid.
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~in~ fhe mort~nt~or Rereby rurther covenanls and agrees to pQy prompf~y when due the principal and ~
inferesl anc~ of~ie~ sums o( money pro[~i~ed ~or in salcJ nofe and fhis mortgage, or eifher; to pay a~~ anct ~
sin~ular tl~e tax~s, ass~ssm~n~s, ~Pl~%PS, Iia6iliiies, ohli~afions, nnd encum6rances oj euery nufure on said pro-
perfv: to pprmit, commi! or su~~Pr no wasfe, impairmen! or c~el~riorofion o~ said Iand o~ fhe improne???enb ~
Ihernen o1 any Iime: to Ice~p II~p buil~~inc~s nou~ or her~aJfer on said lnn~I ~ully insuretl in u sum o/ not ~ess ~
tha?? highest insurable value }
in a company o~ compani~s ACCP~)~Af~~e to t{~e mort~aqee, f{~e po~icy or po~icies to ~e held by, a,~d ~yabl~
to, saicr morfgagee, an~~ in Ihe enen! any sum of monep becomes ~xiyab[~ by virtue o~ such insurnrtce t~e '
mortfl~gee shall ha~~~ ~he ri~ht to re~ceiue and app~y Il~e same to 11~e inde6tedness hereby secured, accounting ~
to t{~e moriga~~or (o~ any surplus: to pay a~l costs, ctiarges, and pxpenses, including ~awyer~s ~ees antl lit~e
senrches, reasonaE~jy incurretl or E~a~d by rhp n~ortgaflee tiecaeuP o~ fhe ~ai~ure o~ Ihe morfgagor fo prompt~y i
ane~ ~u«y comply u~ith Itie a~reentenfs, stipulceteons, conaifions ancr covenants o/ said note and Ihis mortgage. `
or either, fo perform. ~orrrply u~ith m~da6id~ 6y each and ev~ry itie agreemenfs, stipulations, condiiions and f
COI'P1iG1lIS set forth in sai~ nole and this morfgage o~ eifher. ~n ttie eveni !{~e morfgagor ~ails !o pay when
due any tax, nssessment, insurance premium or other sum Oj monpy paya6le ~y Vl~~llp OJ Sdi~ nofe and ~h~s
MO~IAQgP. O~ PI~~IPI', ~~tP /IIO~~QA(~PP may pay ~~P same, !Ul~~Oll~ 1UQIV1119 O~ Q~fecfing t{~e option ~O (oreclose
or ~ny other riqht I~prvund~r, nnd all such payments s{~aU 6ear interpst jrom date tl~ereof nt Ihe ~ighest law-
~u~ MIP I~~en a~~otue~~ f{~~ ~a~vs of the Stale o~ ~'~oric~a• -
~L any sum o( money ~erein re~Prrc•~ to tie nol prompl~y pnic~ u~it{~in ten day: nexl alter
i{~e same 6~•comes due, or i~ e~ch nncl pnery t{~e a~~eements, stipu~ations. conclitions and coi~enants of said
~ note and Ihis mnrlc~aye, or eit{~pr, are not ~ully perJormed, comp[ied u~ith and ab~dpd by, ihen tlte entire
sum mentioned in saicl nole, ancl this morlgage, or 11~ e entire balnnce unpaid thereo~, sl~alt (orthu?itle or
thereaJter, nf ihe option oj I~e morfga~ee, 6ecome anc~ be c~ue and payab~e, anyfl~ing in saicl note or tierein
to i{~e contrpry nol~rilf~sfanc~inq. j'ai~ur~ ~,y Il~e mortgagee fo exprrise any o` t{~e rig~fs or options herein
prori~ec~ s~a~~ no( cvnslilut~ a u+aivPr o~ ~ny rig~?ts or opfions un~er sai~ notn or i~is morfgage accrued or
(~~~teaJt~r nc~•ruing.
~n ~itness ~hereof~ flu• sairl morfgzgor I~~s I~Prpunfo siqne~I an~ Sp(IIP~ I~IPSP P~PSCtIIS f~e
~ay an~l ye firsf af?oop u>rifl~ri.
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~ Siqn~c~. n~ o ' t~ irt 1 e r~senc oj:
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( c---C_ ` ` . 1 ~ t^i ` !L L " -
~ - - e--. . ~ - - . - - - ~ ~
~ L~oy
D. Ta lox-- :
- - ....~.C..~.L~.---.`~....,J ~t-~` _L---- - - ~
.~j Elsie K. Taylor
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~ STATE OF FLnRIDA; ~ '
= COU\TY ciF St. Lucie
~ I HERE$Y CERTIFY that on this day, before me, an -
! officer duly authorized in the State aforesaid and in the County atoresaid to tak~ acknowledgments, personally appeated
' LEROY D. TAYLOR and ELSIE K. TAYLOR, his wife •'~',';~.~~'''~ff,,
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: to me known to be the personS d~scribed in and who ea~cut~d the for~goin instrument and ~e-..~ w7rdq"ed~;!
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f be(ore mc that they cxccuted the sam~. % ~ ~
~~'1"1'`ESS my hand and official seal in thc Countp and State• last t resaid this l~ day d.`' -
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October A_ D. 19 73
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~ ~ Nottry Pubt'K. Sbtt oi F{orid~ at ~li~~i"'
a My Coromiss~w+ E:pva Oct. 21. 1975 s`
~we~.~~s~~cse
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; CL_~`.KK 41NG~11 `'~~n
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~ OC1 ;~6$i84~ a R
~ 88pc ~O ~AsE
%%ic~ In~lnii»r~~rl ~r~ j~~~rr~l ly: Richard D. Sneed Jr. Attorney at Law
;1~f~lrr_« ? U0 Virginia Ave. Suite 102 Sun Bank Bldg.
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