HomeMy WebLinkAbout2091 and shall pc~f
onn, comply u~i1h and a6ide by encl~ and ee~ery the ogreeneents, sttpulattona, conditions and
co~•e~anls ti~ereoj, and o~ tF~is rno?Iyage. Il~en Ihis rnortga9e nnd tl~s cstats hereby c?eated, ahall cc~nae, ds-
termine ant~ be nu~~ ant~ t~oie~.
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1U~11 ltip m~rtgugor he?~bp (urtl~er cove~ants and ag?eea to pny promplly when due tf~e p?incipa! and
interns! and olh~ sums o! moner provided jor in satc~ nofe a?~ t~ts mortgage, or eil~er: to pay n~~ and
singular fhe tnxps, auessments, Ieuies, lia6ilitips, o6ligntioru, and e~cum6rances of every nature on sntd pro-
pe~fy: to permil. commit or su~jer no wasfe, impairmml or deteriorotio~ of said land or fhe improoemenit
Il~erecn at any fime: to ~p Ihe buildings now or he?eu~tnr on said Innd f ully insured in a sum o~ not less
f I~an MAXIML~! INS URABLE VALUE
in a compa~p or eompanies acrepta6le fo t1~e mortgngee. tl~e policy or polecies to 6e held 6y, and paya6le
to, said morfpugee. an~ in 1/~e euenf any swn o( money becomes ~ya6[~ 6y virtue of such tnsurnnce t~e
morlgagee :6alt ha~~ t{~e rigbt to recei~~e and apply the same !o the indebtednest hereby secured, nccounting
to the mortga~or (or nny surplus: to pay all eosts, charges, nnd expenses, including lawyer's (eea und tille
senn-hes, ?easona6ly incur~ or paid 6y ~I~e mortgagee because o` t{~e (ni~we o/ the mortgago~ to prompt~y
and fu~~y c~nmply with !he ag~eemenfs, sfipu~ations, rnnrlitions and conennnts'o~ said note unc~ l~ts mortgQge.
or eit?~er: to pe?Jwm, comply u~itk and a6ide by ench and euery ll~e agreements, stipulations, conditio?u ond
covenanls set ~ortti in anid note and tkis morigage or eittier. ~n I~e event t{~e mo?fgagor ~ni~s to pay w/~en
due any fox, assessment, insuranc~e premium or ol/?er sum oJ money pnpa6ls 6y virtue oj said note and this
mortguge, or eif~er. !~e ~norfgagee ~.y ~y ehe same. u~it{~out waiving or a~Jecting !~e option to forec~ose
or any olher rigl~t hpreunder, and nl~ suck pnyments s1~a~~ benr interest frorr~ date tl~ereo~ at the highest Iaw-
~u~ rafe I~en a~~owec~ tiy I~e ~aws o~ t{~e $fate ol F~~aa.
)l any sum of money tierei~ re(erred lo be not pr+ompt~y paic~ within thirty ~]ays next after
tl~e same 6ecomes c1ue, or ij eac6 and euery the agreernents, stipulations, conditions and covennnts o/ said
note nnd fhis mortgage. or either, are not /ully per(ormed, complied wit1~ and ab~d~d 6y. Ihere the enfire
stun mentioned in said nole, and Il~is mwtgnge, or fl~e enlire ba~artce unpaid thereon, s6all )ortl~with or
t6eren~ter, a! tl~p oplion o~ !he mortgagee, bec~ome and be tlue and paya6le, anything in said nole or herein
fo !he conf?ary notu~it{~stanc~ing_ Fni~une 6y t{~e mortgagee fo exerrise any o~ the rig~f~ or options herein
providPC( stia~~ not consfilute a u+ainer oj any rig{~ts o~ options unde~ said nofe or t~is morlgage accrued or
thereaf ter accruing_
~illlW7 I~e said mortg~gor {~as ~ernunto signec~ and sea~ecr these presents f~e
c~ay anc~ year Jirst a6ove u~ritlen.
Signed, sealed and delinered i~ !~e resence oj: O
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~ ~ _ Ke eth Lee o in
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y ~Zelma Hood Horning
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~ STATE UF FLORIDA, - ~
~ Cou~~rv oF ST. LUCIE
~ I HEREBY CERTIFY that o~ this day. betore me~ an
o(fic~r dul~ authorized in the Sqt~ aforesaid and in tht County afonsaid to tat~ acknowkdgments~ p~rsonally appeared
~ "
~ KENNETH LEE IiORNING and ZEIMA HOOD HORNING, his wife,
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to me known to be the prrsonS dcscribed in and who ex~cuted the (or~qoinq instrument and t~l@I7 acknowledged
~ be(ore me that they c~cecuted the same_
~ N'IT\ESS my hand and o(ficial seal in thc Count}- and Statr Iast aforrsaid thu ~ t~ day of
~1
April, D_ 19 74. ^
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~ ~ tary Public-------Sta ----Flo=ic~a °
:~~3 at Large. -~j - 76
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