HomeMy WebLinkAbout2645 an~ ~hall pe.Jo~m, romply u~ith and o6ide by each and ec~ery ll~e agreements, stipulatioris, condilions and
co~~enants thereoJ, and o~ fhis mortgas~e, then t1~is mort~a~e and t1~e eslate here6y c~neated, al~all cease, d~-
fe?mine an~ ~e nu« an~ i~oi~.
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Z1~ f{~e mort~anor hemby (urfher covenanfs and ogrees to pay promptly when due tF~e p?tncipal and ;
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interes! and ofhe~ sums o~ money provided jor in saic~ note anc~ fhta mortgage, or etther, fo poy a~~ and ,
singu~a~ fhe ta.rps. assessmenls, ~evies, ~inbi~ities, o6~igallons, and encum6rances oJ every nature on saId pro- ~
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perty; to permit, commif or suJ/er no u~aste, impairment or deterioralio~ oj soid land or the improvementi
t{~~rrcn ~I any limP; to keep the 6uildings ~ow o~ F~ernuJ~er on said [and /ully insured in a sum o( not less ,
ll~an - 3
in a com~wny or compani~s a~ceptahle 1o t{~e mor~gngee, the policy or policies to 6e hpld 6y, nnd paya6le `
to, said IIIOrI~AQPP, and in I~P PI~PlII any sum o( money 6ecomes ~ya6l~ 6y ~~irh~e oJ sucl~ insu~ance the ~
morlga~ee shall hai~e 1he right !o receive and apply Ihe same to the i~de6fedness here6y secu~ed, nccounting ~
to fhe morfgn~lor Jor any surple~s: fo pAy AII COSI3, charges, and expenses, inc~uding ~awyer~s ~ees ant~ tit~e ~
searches, reasona6ly incurre~ or ~a~d 6y rhp morlgagee becatue o~ t~e fai~ure o~ t~e morfgagor fo prompt~y ~
an~ (u~~y romp~y u~itf~ the ap?eemenfs, sfipu~ations, conc~ifions ancr covenanis of saic~ note anc~ f~is mortgnge.
or either; fo pPrjorm, comply. witli and a6ide 6y ~~h artcl ecery fF~e agreements, sfipu~ations, condifions and ~
coi~enants set jortf? in said note anc~ this mortgage or either. In the pvent the mortgagor ~ails to pay when
due any tax, nssessment, instira?i~~ premium or otl~er sum o( money payab~e ~y iirfue o~ saic~ noie anc~ Ihis }
morl~agp, or eil{ier, I~e morf~agpe may pay !{~e same. wiihout waiving o~ ajfecting the opfion !o Jorec~ose
• or any oll~er ri.~I~t F~erPUncler, an~ all such payments sF~all 6ear interest (rom date t~ereof at the f~ighest law-
~u~ rale tl~en a~lou~ed 6y IIiP la~rs of t6e Stale oj Florit~a.
~L any sum of mon~V herein re(err~~ io 6e not promplly paic~ within thirty c{ays next ajter
the same 6erom~s due, or iJ eac~~ a?lcl PI~PIy I?IP agreemenls. stipulafions, conclitions and coi~enants o~ saitl
note and Il~is mortyac~e, or eitl~er, are nol jully performed, compliec~ wit/t nnd a6~d~! 6y, t{~en tF~e entire
sum mentioned in said nole, and this mortgage, or thP entirr ba~ance unpaid t6ereon, sl~a~~ fort{~with or ;
fl~ereaJter, al the optian of 1f~e mortga~ee, become ancl be due and paya6le, anytl~ing in said nofe or herein
fo the rnntrary nolu~it{~standinc~. Failur~ by the mortgagee to exercise any of fhe rights or opfions herein
pro~~i~c~ s{~a~~ nof conslilufP a u~aii~c~r o( any ri~tits or opfions unc~er saic~ nofe or t~is morfgage accrued or
({~erea jl~r accrui~tg.
Dn ~~Ln~s ~~Q~OI~ 1~~~ soi~ morlgagor h~s F~ereunto si~~ne.{ ancl spule~I t{~ese presents f~P
~~ay arul year ~irsl a~one u~ri pn.
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si~n~~. s~a~~~ r cl~M~e ~ irt t pres~ncP o`: - .
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~ STATE OF FLnRIDA,
COUNTY nF ST. LUCIE ~
~ I HERESY CERTIFY that on this day, be(ore me, an .
~ of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqmenu, p~rsonaily appeared
~ LAMAR DONALDSOL~I and CARRIE DONALDSON, his wife
~ to me known to br the prrsons described in and who ~XfCU[fd the foregoinq instrument a~d theY acknowledRed
brfor~ me that they ex~cuted the same.
~1I7~~3ESS my hand and of(i~iai seal in thc County and State last aforesaid this 14th ' day of
~ ~ 4 ~
: January A. D. 19 . . - .
~ i~~ i; f~!~,•; ~ _
; iG~O J i~. `J/~4:~-,~vc- "~~+G~ ~ -
fILEO A~? RcG03DED ; - - _
= SL ~uCi~ ::~Uy7r FLA. - My Comm i ss i on exp i re; s_June_-12, -~'976~
; R~C~.r. . 1 ~ 4AS _ _
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- 1800 3Mti Fi/w~l i~way .
_ Fert PM~o~ iiorld~ 334J0
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