HomeMy WebLinkAbout1409 and shall J~erform, con~ply ~i•itl~ cwd aLide by eucl~ u~~d rocr~ the u~nne~~~eul.. S1f~1li~Q~t011S, con~litio?u and
couenants thereo/, aul o/ tliis morf~;a~;e, N~en this u~urt~;u~c und the estufe hereht~ created, s1~a11 cease, de-
termine and be null arul void.
~ the mortba~or )~ereby /urther cocenunls oud u~;recs to ~wy prorn~~11~ ichen due the princFpal arul
interest and other sunu of moue~ ~~rouuled /or in snid ~u~te a~ul tl~is n~art~;age, or eitl~er; to ~wy all and
singular the toxes, assessn~ents, leoies, lial,ili~ies, obli~utia~~.s, and c~~cumbrunces of euery ~uiture on saul prop-
erty; to pennit, com~nit or suBer ~w icaste, i?nJwirn~eut or deteriorateon of said laul or d~e imNrouements
lhereon at any Hme; to keeN the buildin~s noic or he?ed/ter on saul land full~ insurecl in a sum of not less
than Twenty Four Thousand and no/100------------------
in a comNany or comJxtnies acceptaGle to the niortga~ee, t1~e ~~alicy or ~~olicies to be 1~eld by, anci >>ayable
to, said mortga~ee, arul in ihe eoent on~ sum o/ n~o?fey l,ecanies jwynble b~~ virtue of such ir~+rance the
mortgogee sliall have the ri~;ht to rec~eiue and a~~pG~ tl~e sarne to N~e indeLtedness hereby secured, accou~?ting
to the mortgagor for an~~ surplus; io ~wy all costs, chur~;es, a~u/ expe~ues, incG~dtng lau;~er's fees anc! title
searches, reasonably incunect or J~aid by the mart~;ugee l,ecau~~e of the failure of the mortbagor b~ramptly
and fully comply icith the agreements, sti~n~latio?~.s, co?ulitio~~.r and c.oaenants of saut iwte a?ul tl~is mortgage,
or eitl~er; to per~or?n, compiy icith a?ul aGide l~y each an~l e~ier~~ the agreements, stipulations, conditions and
covenants set fortl~ in said note a~ul this mort~;n~;e or eidicr. In the evcnt tl~e mortbagor fails to pay ic)een
due ony tax, ossessment, insurance premium or other su?n o/ morie~ Jxiyable l~y oirtue of saict note a?ui ihis
mortgage, or eitlter, the mortga~;ee ma~ Jw~/ tlie san~e, i~yt/~out ~caiuin~; or a8ecting the option to foreclose
or any other riglit hereuruler, a~ul aU suc)i }wyments shol! bear interest from date tliereof at ihe 1~i~/~est laic-
fuI rate tlien allou;ed by ihe laws of tl~e State of Florida.
1` any siun of monecJ herein re%rrecl to Ge not prom~~tl~ Jwid ~cid~in thirty days next after
the same hecomes due, or if eech und eoenJ the agreei»ents, stip~ilafiau, conclitions a?ul covenants of soid
note anrl this mort;;age, or either, are not fu!!y performed, complied iciNi mul abided by, then the entire
sum mentioned in said note, and this mort~;uge, or the entire balance unJwid thereon, shall forth~cith or
tl~ereafter, at N~e option o~ tl~e mortgagee, become anrl be due arul Jxt~able, anrJthing in said note or herein
to t1+e contran/ not~cit/istaiuling. Failure bJ tlie mort~;utiee to exercise an~ of tl~e rights or options herein
J~rooicled shall not constitute u u;aioer of anJ ri~;hts or optiau u?uler said note or tliu »iortgage acery~ed or
thereafter nccruing.
~n ~itness ~hereof~ tne said mort~;u~;or has l~ereunto si~;ned arul sealed these presents ihe
da~~ arul ~ear first al~oue ~critten.
Signed, sealed and delicered iri dse presenee of: 1 _ ~ ~i
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~ STATE OF ~I.ORIDA,
~ CovN~ o[~ St. Lucie ~
I HEREBY CERTIFY that on this clay, Uefore me, an
of~'icer duiy autlx~rized in the State aEoresaid and in the Coonty aforesaid to take acknow•Iedgme~ts, personally appearecl
William H. Thompson and Mary A. Thompson, his wife
and Nels E. Hallstrom, Jr. and Suzanne W. Iiallstrom his wif
' to nK• kiN~~cn to IN• t{N• ~x•r~+m S d~•K•rilx•d in c~n~l ~cIN~ ~•~t~•ut~~J fIN• fun•~uinK in.trunH~M :u~d they ark~x~~~~ledQctl
lxdort• ux• th:~t they ~•~iY•~~h•d d?i~ .:unr-
~~'I'1'\F.titi iny h:tnd :utd ul(ici:d u:d in thi• Cu~~nh~ an~l Shd~~ L?~t :?fun•~tid thi~ 14th tlay of
i~iaya. 7 4 ?
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