HomeMy WebLinkAbout2146 anc~ ShaII pf•rJorm, i•omply wil~ ancr a~i~e ~~y eucl~ anc~ evP?y t~• apieeme~ta, sfipulationt, rnndiliorW ~
rn~~~?tnnfs f~Preo~, ane~ o~ Ihis murtgage, then f~is morfgagp an~ t~ee elllllP heeehy neatecr, sho~~ cense, de-
~PIRItlIP Qlll~ ~P Illil~ QIIR l~Ut~. .
~n~ IRa murl~a~~u~ I~eri~by ~u?ther ro~~pnants a~d aQreet to pay promplly u~/~pn due the principal and
interest and ofher sums aJ rrtuney proa~iclerl Jor in said note? and this mortgage, or eilhe~; to pny all und -
sin~ular f{~p taxps, 4ssErssments, IPI~IP3. Iiabilities, o6ligations, nnd encum6roncea o~ every natwe on taid pro- '
perly; to pprmil, commit or suf~er no U~l1SIP, impai~ment or r~eferiomtion o~ saic~ ~and or I~e improvements
thereon at uny lime; to ~eep ihe 6uildings nou~ or here~Jter on said Iand ~u1ly i~sured in a sum o~ not less
~I~a~ Thirteen Thousand and no/100--------------------------- ~
i?i a company or companies accPptable to thp morlgagee. Ihe policy or po[icies to be held 6y, and paynble
to, said morfpu~ee, and in tl~a e~ent any sum oJ money 6ernmes ~yabi~ by virtue o( auch insurance the
mortgnge~e sf~a~~ ~arP I~P rig~l to rereive and apPly IRe SAflIP IO I~@ ~Rd@Ut~IIPS~ ~PI+POj~ S@C~, acc~ounfing
to fl~~ mortgaqor (or any surp~us; to pay arl costs, r~arges, ancj expenses, encluc~ing ~u+oyer s~ees and fll~e
sParc{~~s, reasonah~y incurre~ or ~~d by ~~P morfgegee ~ecause o~ !{~e ~ai~ure o~ !hp mortgagor fo promptlr
an~ ~ully comply witl~ the aRreement:, stipu~ttons, conc~itions and covennnls oJ satd note and lhis rnortgage.
or eiti~Pr: to pprJorm, romply wit{~ and A6~dP by ea~h nn~ euery t{te agree~venfs, stipu~tttions, condilions and
~o~~en~nls spt (orf{~ in s~id note an~ this morlgage or eiftier. ~n the event the mortgugor jai~.s fo pay wtieR
due any tax, assessmenf, insurance p~emium or other sum o~ money puynhle 6y pirtue of saic~ note nnd t~is :
morfgage, or eithe~, Itip mortgagep may ~y Ihe same, wiltiou! ~vaiving or o~~ecting fhe opfion to (orec~ose
or Rny otl~er right I~erPUncler, ancl n~l sucti payments stia~~ bear interest (rorn dafe tl?ereoJ at Il~e I~ighest tau~-
(u~ rafe f{~~n a~~ou~e~ ~~y 1~e ~atus o~ f~e $tate o~ F~oric~a.
;
D~ any s~im o~ rnoney hernin re~PlTp~ IO de not prompl~y pait~ u~if~in thirty ~aYs next a~tet
II,P s~mp bPC~omes dup, or iJ each and enerp ttie agreemenfs, slipulofions, conditions and covenants oJ said '
nofe ancr t~is morfgagp, or either, are not ~ully pe~fornnec~. comp~iee~ wit~ and abi~ed by, t~en the ert[ire ;
sum mentionpd in anid note, und tl?is mortyage, o? tl~e entire balnnce unpaid ttiereon, sl~aU ~ort6with or
~
t~ered(ter, at If~e opfion o~ t~e ~norfg4gen, ~ernme and 6e due and paqnble, nnqthing in said rtote or {~erein
fo t~e contrary nolu~itF~standing. F4i~ure hy the mortgngee to exerrise arty of the rights or options {?erein
pro~~i~~ shall not consfifufe a u~aii~pr o~ any rip~fs or oplions urede~ saicl notp or lhis mwtgnge accrued on
fherea~f~r a~cruing.
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~ ~n ~itness ~hereof the said rreo~t nqor has tiPrPiinfo si,qned und sealed these I
f g prnsenfs the
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li ~Fgn~~~. sea(~cr Rfld ~P~ir~retr in Ihp presencp o~: ; i
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~ STATE OF FLC)RIDA, ) ~
COL'\TY OF ut. Lucie ~ '
~ I HEREBY (:6RT1FY that on this day, be[ore me, an
officer duly authorized in the Stat~ aforesaid and in the County afori~said to tak~ acknowledQments, persoaally appearcd ~
~ Fred H. Lollis and Alene W. Lollis his wife ~
~ to mr knorrn to Fu~ the pe•rsonS described in and who eaecut~d thr (or~QOinq instrument and th~y acknowledqed
i~ befon• me that theycxccuted the sam~.
~j ~~~I7~\F.SS my hand and o((icial seal in the• C:ounty and Stat~• last aforesaid this 6th day of
~lMarch 74
A. D. 19
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