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HomeMy WebLinkAbout1351 and sl.al! pe~anw. co~npl~ u•iti~ and o6id~ b~ eacl~ and ea~ery ~l~e og?sements. stipula~iona. conditiona and c~w,enant~ ~ha~+oj, ond oJ ~6is w~ortgage, then tl~is ww?t9o9e and t?~e estate kere6y cTeated, shal! cense, d~- fenwine snd Ge nul~ and void- ~ t/~ w~r~9aga ti~rej>> (uHJ~e? co+,=ennnb or?d ngrees to pay promplly when clue Ih~ principcil nnd interrst ond oitie? suwas o~ weone7 provic~ed ioi in anid note nnd f~Is mortgnge. or eilher: to pay nu and singu(ar ~?~e ta.,cces, nssessw~ents, lei~ies, Iia6ilities, o6ligotions, nnd e~cum6rnncea o( every nature on aald pro- peif~: to penwif, cnw+ni! or su~(er no u~aste, in+pair~nt or c~eteriorotion o! aaid ~and or ttie i~nprovementt . tbe~+Aw~ n1 an~ ~uwe: to Eeep the buildings nou~ or herpof ter on said land Jully inaured in a:wn o~ not less tl~an THIRTY THOUSAND AND NO/ 100 in a c~ow~pnnl or c~ow~ponies occ~eptn~t to !~e nwrtgagee. t{~e po~ic7r o~ po~icies to 6e held 6y. anc~ paYuble :o. said w~o.tgo~~r. and in ei~ ec~n~ nn~ aww oJ moner beco.nes pnpo6[e 6y virtue of •uch inswnnce e1~e ~nwt~ager sIm!( tiarr t1~e ~rig61 to r+ceive and oppl7? Ihe aarne to tl~e inde6tedneu l~ere6y secwed, accounting to i~t wwrtgagai ~or an~ surp~us: to pa~ nu c~oab. c~tnrges. ond e~rpenses. i+~c~udtng ~awyer i~eea and ttt~e sewc-j~rs. ~asormbti inc-~vred or ~;d 6y el~ ~.ore~~ because o~ the /ailure o~ fhe mortgngor lo promptly ~ ju(~T c~wp(~ ari~i~ r1~ o8?cen~enb, stipu~nttont, c~onditions and co~x?nnnts oj said note and t1~ta mortgage. a eit/iK: fo per(a~, ~pt~ u,~J~ ~ a~e by eoc~ nnd every fhe ng?eemenb. sfipulatlons. co?u~itiona and ~(o~tJi in wi~ note snd thia nwrf8age or eit~er. ~n fke event the mortgago~ ~ai~a to pny w~en due an~ taz, ossessw~ent. insunonc~e perniwn o~ ot6er swn oj ntoner pupable 6y virtue oj suid note and t1~is w~tgog~. or eit~eer, !/,r w~ortgogee ma~ pny fl~e san~e, u~ithouf waiving or aJjecttng the oplton to forec~ose o~ anl ot6er ri96t 6er~eunde?. and a[[ suc6 po~nnenb shull 6ear interest (roin date t6ereo/ at the T~igF~est lnw- ~u1 rate t6en nllou•ec~ b~ tl~e In~os o~ tl~e S~ate o~ F[orida. 7~ an~ swn of ~+wnel? ~terein re~~?ed fo Eie not prompt~y paid wittiin 30 days next aJter f1~s san+e bero~nes due, or ij euch and ever~ the agreements. stipu~ntio~s. conditiona nnd covenants o~ said notr und tl~is asortgogP. w eitlur, an not fully perfonrtetl, complied with nntl ab~ded by. t{~en the entire suw~ a~entione~d in said note, and t/~is niortgoge, or t6 e entire 6alnnce unpaid thereon. sl~all ~ortl~witlt or die~n~ter. at t1~e option o/ ttie nwrtgogee. berome and be due and pnyn6le, anyt6ing in saic~ note or I~erein to t~~ c~witror~r not~oitl..slnnding_ Fai~ure 6~ the nwrtgagee to exercise any oJ the rig~ta or optioru herein pr,oi-u[ed s~wll nof c~wistitufe a u~airer of anr rig~fs or options under said notn or (tiis morfgage nccrued or ' fties~a~lrr oncruing- j: a ~ the said mortgagor {~as f~ereunto siqned and sealed these presenls the _ ~a ~ilttltSS ~IItCtOf j`. ~ac nn~ ~ear ~int uboc~e n~rillen_ ~ ~ Siy~. sewled nnd de~irered in t6e presence o~: ` ; - ~-T------ - - ~ _ - ~ ' c - - - ~ - Y - - - ~ - - - ' - - I i ~ ; ' - ~ F . ~ - _ . . _ . _ - - . ! - - ~ ~ ~ - • I ~ ~ - - - - - - ' ~ ~ 1 ~ i ST~TE UF FLORIDA, ~ + a~t a-t~ ~F ST. LUCIE I HEREBY CERTIFY that an t6is day. betorc me. an offxer duFc auibrirued ia the Sutr aforesaid and in the CountY aforesaid to tak~ acknowledqments, personally appearcd CLOTILDE F. TAYLOR and LLOYD TAYLOR y, to ax ~nc~.-n to br ebr p•rsrx~ described ia and rrho execut~d the [or~qoinq instrument and they acknowtedqed - ~t bricrr rx ct~c they necuced th~ sazme_ ~~[T~FSS m~ hand ar.d affi:ial seal in th~ County and Statr last afor~said this i8t. day of ~p~ .,.tcu~i`.. , . D 29 ~4 ~ ~ ~ . ` i~' ~ . . , . . ~ . ~ f~/ . .~.T : • ---~f-- ...-•~~•••a,.•••; - - - C~' ji evOlAie~ PUBi1C S1ATE Oi f:.3i~fM~A1 l51~';~ ~ R: Mr to+~iss~o.+ Exvr e; ~~r s~, ~j~ d _ ~t! •GM4E0 ~MRU GENEO~? IN.~ +oev~ ~cf~s ~ ~ ~1 , ~ ~ ' _ , I) 'CT~t••C , : ~fl4ED ~ • • . ' ~tlf.g 1t-kTY fLA. ' ~ 51_ 11~~tE~COU j~5 ;t RGfE~ ~ ij CIERK G:f.~W1 ~OUR~ ~i Rf!'; iir Y _c ; ~ _0 ~ L ~ ~9 2 49 eM •i fl![r 11iv17Jtikt!/~R~.IR'~!'C: I~(~~lOJ4 Sf1N~ ~/~I[~~ ' YV~1 - _ ~ ~!t ~ _ ~ ~fi