HomeMy WebLinkAbout2258 and shal! per(orm, c~omply witti and a6tde 6y each and e~~ery f~e ogreements, sftpu~atio?u, conditlona and
corenanls !he?eoj. and of tl~is ~o?t9age, then thta mwtgage and tl~e eatate here6y created, ~hall cease, de-
fernitne ana be ~u~~ and void.
~ t?~e mortga9or hen+6y ~urthe~ co~enanls and agrees to pay promptly when dut th~ princtpul ar~d
interest and otf~er sums o~ money providec~ f
or in said note and ttiii mortgage, or eit~er; fo pay a~~ and
singu~ar f{~e taxes, assessments. ~e~ies, liabi~tties. ob~igntions, and encumbronces of every nature on said pro-
pertq: to pernsit. rnrinmit or au1(er no wasle. impainr~enf o~ dete~tomfion o~ said land or ttie improvemenb
thereun at any time: to keep tf~e buildings now or he?eajter on said land ~ully insur~ed tn a sum ol not less
tf~an ITS INSORABLS VALUE.
In a company or companies acc~eplable to t~e mo~lgagee, t~e po~cy or po~Ictea to 6e heW by, ~d ~ya6l~
to, snQd mo?igagee. and in f~e event any sum o~ money becomes ~yabte 6y virtue oj auch insurance f~e
ntortgagee sl~all have tke right 1o receive and apply tl~e aame to tl~e indebtednesa hereby securxl, nccounting
tc the mortgago~ Jo~ a,~y surnlus; to pay a~~ costs, charges. and expenaes. incjuding ~awyers (ees and itl~e
searches, reasona6ly incurr+ed or paid 6y the mortgagee 6ecause oj the /ailure o/ !he mortgago~ to promptly
and ~ulty ~omply witk t~e ugreements, stipulationa, conditiona and covenants o~ aaid note and lhia mortgage,
o~ eifl~er: to per(orm, comply wtth and abide by each and every the agreeme~ta. af~pu~ntiona, oonditions and
covennnts set fort~ in satd note and this mo~fgage or either. /n the event the mortgago~ ~ai~s to pay when
due any tax. asseumenf, insuranc~e premium or other sum o/ monep paya6le by vi?tue oj said note and ihia
mortgage. o~ either, t~e mortgagee moq pay ihe same, without waiaing or a~(ecting l1~e optton to loreclose
~ an~ ~ll~~r rig~f l4e:rurd€r, rzr=~ Ll! 4ur~ ~ay~++FnR~ s{~all bea~ interest jrom dafe theneof at the htghest law-
~ul rate tF~en allowed by the laws of the State o~ Florida.
any sum oj money he~ein r~(erred to be not prompfly paid witl~in 30 days next aJter
the same becomes due, or iJ encl~ und euery Ihe ngreements, stipulations. conditions and eovenanta oJ said
I note a~d this mortgage, or eitl~er, are not jully perjornted, complied with and a6~d~d by, then the entire
sum mentioned in snid nole, and this mwtgage, or tb e entu+e balnnc~e unpaid lheneon, sliall Jorthwith or
thereajter, at tl~e option o/ the mwtgagee. 6ecome and 6e due nnd paya6le, anything in anid note w herein
to t/~e conirary notwithstnnding. Failure 6y the mortgagee to exet+ciae any of t~e rig~ts or options herein ,
provided s~a~~ nof constitule a waiver oj any ?ights or options under saicj nole or t{~is mortgnge acmied or
f~erea~ter accruing.
~n ~~~11Q~ ~~~1~ the said mortgagor has I~ereunto signed and sealed these presents the
c~ay ant~ year Jirsl aboue t'vritten.
Signed ealed nnd de ' d in t presence of :
- ~ - ----G-a - ~~I ~
mUG CARDWELL
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; ' EDNA CARDWELL
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f( STATE OF FLORIDA, ~
~i COLTti'rv oF ST . LUCIE
I HEREBY CERTIFY that on this day, beforc me. A!1
I~ officer duly authoriz~d in the State aforesaid and in the County aforesaid to take acknowledgmenu, personally appeared
i~
i! DOUGLAS CARD~WELL and EDNA .CARDWELL, his wife,
to me known to be the person Sdescribed in and who executed the tor~going instrument and ~1ey acknowkdaed
befor~ me that they ~xecutcd the same.
I~
k! N ITNESS .my hand and of(icial seal in thc Counry and Statc lasc aforesaid this oZ O~ day of
M~lh~i,ii:,r; ±"1~ A. n. ~9 74 •
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1~ 1J'~~ .`l'~,~~~'~,• `J
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o~ P~ Y Notary --p
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r~~ My Commis sion Expires : ~d •30
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~.~tp~CCs~~~l~~,f~ent Prepared By:
- _~.~'Hayskar, Esquire
~~~q~~e Eox 3779 ri~EO ~NC aECOnoEo
~ I~E~Y~!~~~erce, Florida 334 50 :t ~~~~E C~ tfMTY F~~ ~
aocE~, ,o~Ta~s
CIpRYE;~;F EO ~OURT
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