HomeMy WebLinkAbout1095 and shall perform, comply u~itl~ and a6ide 6y each a~id eorry the agreeme~tfs, slipulalions, conditions and
co~~enanti t'ne~eoj, nnd o( this murt~ape, thpn Ihis mwtAaAe and the eatate 1?ere6y created, shal~ cewe, de-
te?mine an~ he nu~~ an~ voic~.
Iin~ ttia moN~a~o~ herrtiy (urlher covenonls anc~ agrees fo pay prompf~y when due tl~e principal und 3
internst ~nd olher sums o/ money provic~ecl ~or in said note nnd tl?is mortguge, or eifl~er: to puy a1I and
sin~ula? Ihe taxes, assessments, lei~ies, Iia6ilitiea, obligalions, and encumbronces oJ every nature ore saicl pro-
perly: to permif, commll or su/Je~ no wnsfe, impoirmenf or dP~P/tOMttOR o` seed ~ared or I~e i?nprovementr
1l~Prron at ~ny time: (o ireep tl~e 6uildings nou~ or herna/ter on said land jully ins~ued in n sum oJ not leaa ~
~han One Hundred Thousand and no/100-------------------------- ~
in a company or companies accrpta6le to fhe mort9agee. !he policy o~ polictes to 6e I~eld by, and paya6le
to, aaid inortgayee, and in Il~e event any sum oj money becomes ~yabl~ 6y virtue oJ such iruurance the
morfqogen sha~~ {~ane t{~e ?igl~f to ?oceive a?id apply !he same to tl~e indabtedness here6y secured, aceounting ;
to thp mortgagor ~or nny surplua; fo par a~~ cosls, ctiargei, and expenses, inc~uding ~awyera jees and title
searc{~es, ~easona6ly incurrec~ or paid 6y the morlgagee berause ol f~e Jnilure o( the moNgagor to promptly '
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ane~ (u~~y camp~y wilh !he aAreements, stipu~afions, conc~itions anc~ coi~enants oj said note and ~his mor~gage, ~
or PithPr; fo perform, c•omply wi1lt and abic~e ~y each an~ every ~fhe agreements, stipu~altons, condilions and ;
coven~nis set ~oN~ in sai~ note ancl f~is mortgage or eifher. jn fhe euent f~ee mortgagor ~oi~s to pay wtien
due any tax, assessment, insurance premium or otl~er sum oJ mo.~py Payabl~ 6y i~irtue o/ said note and Ihis
mortgage, or eifher, t~e morfgagee mQy pay ttie. somp, tvifhou! u?oivin8 or a~~ecting (he option fo Jorec~ose
or any ather ri~~f {~ereurder; and all such payments shall bear inte~est /rom crate fhereoj at the highest lau~-
~iil rate I~PR a1lou~e~( by tl~e ~au~s o~ the Stntp oJ Florida.
any sum o~ mv?ie~y ~erein re~prre~ fo 6p not prompt~y paid wifhin thirty days next njtp~ '
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i~~e same ~f~~omes dup, or if each an~ pl~Pty ~~P agreements. sfipu~ations, conc~ilions 4ncj covenanls o~ snic~ ;
~iote and this morlpn,qe, ar eitl~er, are not Jully per/ornied, complied u~ith and ab~ded by, tl~en Ihe enlire
si~m menfione~l in said note, and ff~is mort9ape, or tl~e entirn 6alance unpnid thereon, shall jorth~~~k or
fhprea~ter, qI I~P oplion oj t~p mortpagee, ~ecome nnc~ be dup anc~ paya6le, anything in saic~ note or ~e?ein
to fhe conlrnry nofu~ifhstanc~ing. Failure by tlte mortgagee to exercise any of f~e righfs or optioru he~ein '
proric~PC~ sha~~ nof conslihite a trairer of any rig~fs or oplions unc~er snicj notP or this mor(gage nccruea~ or f
f~F~rt>nJler nc~ruinA. I
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~ ~n ~~ln~s ~hereof~ the said mortqagor f~as F~prpunto siqnet~ and senlecl t~ese presents the i
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~ ~~ay an~ year ~irsl ahoi~e tnriNen• ;
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STATE OF FLC)RID.a, ~
COt'\TF OF St. Lucie ~ i
I HEREBY CERTIF~' that on this day, before me~ an ~
~ ot[icer duly authorizPd in ahe Statc a(oresaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared
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i Laura B. Hancock ,
i to m~• know•n to Fx th~ prrson drseribcd in and who executed th~ forrQoin¢ instrumrnt and She acknowledqed
~f befor.• me that S~'lE.' ex~cuted the same.
! 1~'IT\ESS mp hand and olfi~ia! ual in the Count}- ir.d Stat~• tast aforesaid this day of
~ 26th
i}February ' n. ~9 74
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