HomeMy WebLinkAbout2677 and shaU ~xr/orn~. coneply ui~h u?id uJ.ide l,y eue•)~ u~i~l rucr~ Nu~ u~;rrev?~ruts, s~i~n~lufiui~s. c•w?ditions and
covenants tl~ereo/, and o/ fhis u~ort~;u~;e, fhen fhis mart~a~e urul tlie estutc hcrel~~/ creuted, shall cease, de-
termine and be null au! wid.
~ ibe mort~;atior hereb~~ /urther couenants u~td a~;recs to jxiy prarnpN~ irl~en due N~e principal a,ul
interest oncl othcr sinns of ri~o~~eJ prouided /or ir~ said notc u~u! thls mart~;age, or either, to ~w~ all aiut
singular the ta.res, assessrt~ents, leuies, IiaLilitics, oGli;;utiu~~s, und ~~nc~ui~Lrauces a/ ecery iuiture on suul prop-
erty; to >>ermit, commit or suBer no ~iaste, ir??~wirn~ent or cleterFora~ion o/ said la~ul or tl~e improvements
t)~ereon at any tin~e: to kcep N~e Guildin;;s nou; or herea/ter on said land /ull~ i?ut~rccl in a sum o/ ~wt less
than Five Thousand and no/100----------------
' tn a comJwny or com~wnies acce~~tuL1e to the mort~a~;ee. Nie polic~ o? ~~olicies to be lreld bi/, and ~~o~able
to, sai~~ n~ort~;agee, and in the e~ent an~ syon o~ tnoiiey becon~es jwyable G~ virtue of such iruurance the
mortgagee shaU haue the riRht to receiae and apply t!?e san~e to el~e indeGtec!?~ess liereby secured, accounttng
to N~e mortga~;or for an~/ sur~~lus; to ~wy n!! costs, cl~arties, and experuer, inclucNng laicyer's fees a~ul title
searches, Teasorw6l~ incurrert or Jwid h~~ ihe mort~a~ee Lccuus~e o/ el~e fuilure oj t1~e mortga~or ~o promptly
a~u! ft~1L/ eon~ply ~cith the ugreeme~its, stipulutioru, co~u~itia4r nnd couenu~its o/ sair~ ~wte a?ul this mortgage,
or either, to perforn~, co?nNl~ ~cid~ arul abide by eucl~ und eoery the agree~ne~~ts, stipulatio~u, conclitions and
covenants set fortl~ in saul note a~u! tl~u mort~u~;e or eiN~er. ln thc eucnt ihe rnortgagor fails to Jxr~ uhen
due any tnx, assessmeat, i?uttrance pre?iiit~m or oN~er sum o~ money Jw~ul,le l,~ virtue o/ said note arul t1~is
mortg~ge, or either, the nrortga~ee may ~wy tl~e sarne, a~thout u•aiuin~ or aQecting the option to /oreclose
or anf other ri~;ht hereunder, arul all sacla payments sleel! l~eur interest ~ra:n date thereof at the hi~)~est lau.-
ful rate then aUoieed ~i~ the la«;s of the State of Florida.
- anr~ s~un oj mo»ey herein re%rred to be not ~~ron+ptly ~wid u%itl~in thirty days nexf a/ter
the same becomes due, or if each anci euen~ d~e agreements, stipulatior~s, corulitions n~ul conenants of sai~l
note and tl~ts mort~age, or either, are not fully ~~er/ormed, complied u•ith arui abided b~, t1~en tl+e entire
sum mentioned in saul nofe, aru~ this mortgage, or the entire l,almice un1wu~ tl~ereon, shalt forthwitl~ or
iherea~ter, at tl~e o~tion of the mortgagee, become and be due arul }w~/able, a~iJthing in sait~ note or herein -
to tl~e contran~ notu-il/ista~ulina. Failure b~ tl?e mort~;atiee to exercu~e any o/ the rights or options herein
prouided shal! not ro?utitute a icuicer of an~ ri~hts or optio?~s irru~er said note or i/~is mortgage accn~ed or
tl~ereafter accruii~.
~n ~~~~s ~h~~~~ the said mortgutior has hereun~o si~;ned and sealed t)~ese presents N~e
dai~ anrl ~~ear first abrn;e ~critten. .
Signed, sea[ed and deliuered in t)ie presence of: ~
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STATE OF FLORIDA, ~
cou`~ oF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly autM~rizc~l in tlx: SC?te aEore~caid and in thc G~unty aforesaid m take acknow•ledgments, perwnall~• appearecl
Dean Wilbur Law and Allie Lavon Law, his wife
to nx• ktN~~cn tn IM~ Ilx• ~x•r~~ng ~l~•x•rilx~d in an~l ~~Iw~ ~•~i~c•u~~•~I tIn• ~un•l`uinL' in~trnnx•nt an~l they :~ck~x~~clcdKtYl
Ikdon• un~ tlcd ihey r~~•cnti•il thi• >:uut~-
\\"1'I~~Etiti ui~~ ha~id :uul ul(ici.d K•:d iu th~• (:~~nnt} :~n~! St:~t~• l:t.t :tfnn•+:ud Ihi~ 5th da~• of
~Ap~~: ~s~ 74 _
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ST.IUC~E 40UMf~ FLA. _ - ; :
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CIERK C+'~;,U=T COURT i~'~
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