HomeMy WebLinkAbout2476 13. ~hat if the murtgagur Jefault in any uf thr cuvrnant~ ur agrrcmenh cunw~ntd he~rm, ur ~n +:+iJ nutr, then thr martg.~bre may
pnrfurm the iame, arn1 all rxpr~Jiwrts 1 incluJing r~a~unable utwrney's fees) niaJr hy thr m.xtgagre in w JuinY .h~ll Jraw ~ntrrc+t at thc
rate ut f~xlh in the note securcd hercby, and shall t+r repayablt immediatrly and withuut Jemand by Ihe murt~agur to 1he murlYagre, and,
w~e~her with intrrat •rnJ c~nts accruing ~hrrcc?n, chall be stc.urcJ by this m~utgagt.
That the mailing ut a v?•rittCO nuti~e or drmaad •rJJ~t++ec1 to Ihe owoer uf rrcord of Ihe murlPag~1 premises, or directeJ to the
saiJ owner at the last aJJress acwally furnished to the m~xteagee, ~x directtd t~? +aid uwner at s:~ici mortgaged premises, and mailed by the
Unittd S~ates mails, shall be sut'fician~ notice anJ demaixi in any casr arisin~ unJr~ ~his instrum~nt and rcquircrl by tAe provisiuns he~rof
o~ by law. •
IS. The mortga~o~ further covenants that should this morieage a~xl the note securtel heteby not be eligible kx insu~ance under the
Natiunal Housing Act within f~um the Jate hereof lv?~itten statement o( any ol'ficer of the
Depa~tment uf~?iousing and l3rban Deve upment or authorizeci age~t c~f ~he Sec~etary of Nousing and Urban Development dated
wbxquent to the 30 ~ time from the date c~f this mor~gage, declining to insure said note a~xi this
murtgage, being deeme+i cunclusive proof ot such ineligibility), the mwtgagee a~ the twWer o,d't~e note may, at its option, declare all sums
secured he~eby immrdiately due and payable.
The covenanu herein contai~ed shall bind, and the benefits and aJvantaga shall inure to. the respective heirs, executors,
administraturs, successors, and ass~8ns of the partia hereto. Whenever usecl, the singular number shalt include the plural, the plu~al the
singular. and the use of any g~nJtr shall include all ge~xlen. ,
IN ~ITNESS ~HEREOF. the seid matgagor has hereunto set his hand and seal the dey and year first afoce-
said. •
Si ned, sealed, and delivered in presence of- ~ ;
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STATE OF FLORIDA ss: ~ .
COUNTY OF ST. LUCIE '
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Before me pe:sonally appea:ed JOI~iNY N. GAI~I.E and LILLIE M. ~Ut" '
well knowa end known to me to be the individuals described in and who ~•lhe~il~it~ih~g
his a~fe, to me
instrument, and acknowledged before me that they executed the same fa the purposes ther@irr~ftess^ed.
~ITNESS my hand and official seal this 18th day of June = 1~ i
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Notory Public in and ~tl~ State •~'~e said ~
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IiO~TAttY PI~IC SiATE f.l~R?OR JIT tA~[
My commission expires M1f OOMMISSION EXPIRES YARCN 31. l~i
STATE OF ss:
COUNTY OF
Before me personally appesred , to me well known and knaxn to me to
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be the individual described in and who executed the focegoing instrument, and acknowledged before me that e ~
executed the same for the purposes therein expressed. ~
~ ~ITNES5 my hand and oEficial seat this day of , 19 }
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Notary Pu6lic in and for the countr and State a~oresaid
K1y commission expices
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