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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 - - - - - - C~~~~?--...~(~ Z~~~----~----------------------------~ ; ~ rY - - ~ ; ' EDNA CARDWELL . ~ -------'-------~--<< ~ _ . ~ ~i ~i i~ 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 • _ , . . . 1~ 1J'~~ .`l'~,~~~'~,• `J • ubl i ~ ~ - _ o~ P~ Y Notary --p i ~ . ~ _ . ~ I= r~~ My Commis sion Expires : ~d •30 . : `~G' ~j ~.''r~. • ~ , \ • ~F: ; ~.~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 Qf C'~ .t ~ jZ ~104 I~'1~1 M zsz~~ i I4 ~ i PAGE(.?~~ i~ E-- 2 I _ - r ~ ~ ~ : - 3S - etl.~.,_ti . . . ,