HomeMy WebLinkAbout2492 an~{ sha~~ pPr(orm, ~-omply u~ilh an~ al?i~e by ~ocl~ and ~~~ery Ihe upreernenfs, stipulations, conditions and
corpnanis Ihereo(, and a( this mortgage, t1~e~n Il~is mo?tgac~e and the PllnlP ~ereby created, sha~l cease, da- ;
!e?mine and be ntdl and ~~ui~.
lLn~ ihP murtf~agur h~n~hy ~urlhe~ c•uvena~fs ancj aflrees to pay prompt~y ~uhen c~ue fhe p?incipal and
inle?esi and ofher sums o~ muney proviclecl for in saic~ nofe ane~ this mo?tgage, or eilher, fo poy a~l antl
sin~u~ar the fa.rps, assPSSments, Ieuies. ~iabi~ities, obligQlions, an~ encum6?~nrc•s o/ eue~ry Ratwe on said pm-
periy; to pe~rmil, commil or suj(er no wasle, impairme~t or c~eferiorafion o~ iQetl land or f{~e improvemenls
tl~~r+M,n ~t any time; to ~PPp I~P buildin~s nou• or hema(ler on s~id lond Jully insured in a sum oj not les:
lhan
in a rompany or c-ompantea atrpptab~e to thp mortgagee, the policy O~ POIlCIPS to 6e F~e~d by, and ~yn6l~
to, saitl rreorlpagwP. ~nd in ihe evenf any sum o~ mo~ey 6ecomes paya6le 6y virtue o( :uch insurance the
morlgogee sh~tl haue f{~e rtgtit to rc+ceive and apply tl~e same to the indebtedness here6y secured, aceou~fing
fo the morfgagor (or any surp~us: fo pay a~~ costs, c{~arges, and expenses, inr~uding lau~yer~s ~ees nnd fitle
search~s. r~asona6ly incunec~ or paitl 6y Ihe mortgagee because o~ f~e jai~ure o( [~e morfgagor to prompt~y
an~ ju~~y romp~y u~ith thp agreements, stipu~uftons, conc~itions ancl covenants o~ saia~ nofe and l~it tnortgage,
or eill~~r: to pprJorm, comply witF~ ancl n6icle by eack and e~~ery the agreerrtents, stipa~etions, rnndilions and
coi•ennnls sel (ori~ i~ said note anc~ t~iis mortgage or pither. Jn ftip euenl t~e mortgagor ~ai~.s to pay u~tien
'due any ta.r, nssessmPnf, insurancF premium or othpr sunt oj money paye6le 6y virtue of said note and Ihis
morfgagP, or ~iiher, t~n morfyagee may pay the snme, u~ifhouf watuing or a~~ecting fhe option !o ~orec~ose
. or any other right l~er~un~ler, and a11 suc{~ paymenls s{~all bear enleresl jrom dale thereo~ Q~ (ItP Illj~~PSI IQW-
,tf1 fQ/P ~~P11 Q1~OU~pil !)y /~P ~AU~S O/ ~~P ~~Q~P O~ I'~O~I~~. ~
ar~y sum o~ money I~erein re'P1rrP(~ to tie not prompl~y paid wilhin c~oys next njter
tl~~ same bpc•omPS clr~c~, nr i~ eac{e and ei~ery Ihe agreemenls. slipulations, conditions and covennnts oj snid
no~P and ~I~is mortgaqP, or PIIhPf, are not Jully perjormecl, compliecl wifti and abide~ 6y, tl~en !he entire
5!!7!1 /qPI1~tOI1P(1 1/1 lQl~ RO~P, ancl this mortgage, O~ t~P entire 6alance unpaid thereon, S~Q~~ f0?tRWI~l1 O~
thereaf te~, at th~ option o) ll~p mortflagne. 6ecome and be due and pnqa6le, anyt/~ing in saic~ note or F~erein
fo t~e contr~ry nolu~if{~sinn~ing. t'ai~ure by ~hp mortgagee to exereise any of ff~e rig~ifs or op(ions herein ~
pm~~i~e~ s{~a~~ not constif~de a~rairPr o~ any ?ip~ts or oplions uncler saie{ noln or Ihis moHgage accnied or i
th~r~a(I~r acrruinp. ~
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~ ~n ~~tness ~hereof~ 1{~e sai~ mortg~gor l~as F~erPUntn signpc~ ancl seale~ these presents tlep ~
~~try anr~ y~ar firsf atione trritf~n. ~
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. !il ~I~t1PA. SPpIP[~ Q?1~ (IPlll•plP~ !I! ~~P ~~PSPIICP O'- ` i .
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' ~ W.'H. Hilson
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~aura H. Hilson ~
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~ STATE OF FLORIDA, - :
~ Cc)t'~TY OF ST. LUCIE ~
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1 HEREBY CERTIFY that on this day, befor~ me, ~n i
~ of(i~ er dul.- auchurized in the Statr aforrsaid and in thc- County afor~~said to tak~ acknowledqmen!s, prnonally appeered
~t
W. H. HILSON and DAURA H. HILSON, his wife, ;
to Ri~' ~CRON'II to br th~~ ~rson S descriFx~d in and who executed the fur~QOinq instrument and the acknowl~dqed
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t,eforr me that they rxccuted the same. ~ ~
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11'IT~F.SS m>• hand and official se~al in th~• C:ounty and Stat~• last aforesaid this ~J day of ~
March , A. D. I9 74 . '
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N ary Public - Sta~ of ~'~eq~i$s
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. ac ~a u. at Large . ~ ~ • ' .
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S My Commission Expires,: ~~y ~ =
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