HomeMy WebLinkAbout1505 and shaU perfo~m, comply wifh ~n~1 abicre by enc1~ and ei%ery fhe agreemenls, dlpu~attoni, condiftoni nnd
co~~enonts ~hereof, and o( Ihls mortpaqs, then tl~b mo~taage and Ihe estate l~ere6y created, ihall cecue, de-
fF~minp and be null nnd twid.
~d fhe morlgapor ken+f~y ~tufl~er c~ovenants ond agreea !o pay promplly when due the princtpal and
lnte~rs! and olhe~ sums o~ money proui~ecr ~o' in said note and ttits mwlgage, o~ elther; to pay a~~ and
tingu~a~ f{~e IQaPJ, asse~smenls, ~eutes, linbt~ilies, ob~igofiont. and encumbro~ces oj evary nalure on aaid pro-
perty: fo permtl, commit or au~~e~ rio waste, tmpairmPnl or defe?ioe~ation oj :atd bRd or fhe improtremer~it ,
tberecn at any time: to k~p rhp buildings nou• o~ he?ro~tcv on said land Jully tnsured in o sum o~ not Iess
tRan
in a company o~ companies accrptablo to the mo~tgapee, the pollcy or poltcies to 6e hetd 6y, and payable
fo, snid mortgagae, and in Ihp eaent any sum of mo~ey 6ecomes ~yab[~ by vtrtue oj sucl? tnsurance the
. mortgagee shall have fhe rygf~t lo receive and apply 1he same to the inde6~edness here6y secur~d, accounting
fo the mortgaflo~ ror nny surp~us; to pay a~~ c~osfi, c~nrgea, and expenses, inc~ucring ~awyer
s f
ees and tif~e
searcties, reasona6ly tncurred or paid 6y the mortgagee 6ecnuse o~ t~e ~ai~ure oj Ihe mortgagor to pwmplly
and ju~~y c~omply u?ilh tl~e agreements, attpulaftons, condifioru and rn~?enanis o( said nole anc~ thts morlgage,
o~ eit~er:. fo per~wm, cwmply u~itk nnd obide 6y each and every lhe ugreements, stipu~ations, c~ondiitons and
coirenanfs se! lorf{~ in saicl nofe anc~ fhis mortgage or eit~er. ~n the event the morlgagor (ai~.s to pay when
due nny tax, assessmenf. insuranee premium or other sum o~ rrtoney payable by virlue o~ saic~ ~ote anc~ ftiis
mortgage, or eif~ier, f{~e mortgagee mny pny ftie same. without woiuing or a~Jecting the opfion to (orec~ose
or any olher ri~ht I~ereunder, ancl aII auc1~ paymenla shall ~ear intere:t ~rom date Ihereo/ at the higl~est Iaw-
(ul rate ll~en all«ved by tl~e laws oj thp State of FIo?ida-
1l any sum o~ money ~erein re(erred fo be no! prompt~y paid within Th~it~t (30) c~ays next af
ter
the same 6ecomes due, or i) each and euery I~e agreements, sfipu~ntions. con~itions nne~ covennnts oj said
note ~and this mortgaQe, or PitI1P~, are nol f ully per(ormecl, complled wiif~ and a6~ded 6y, tF~en tf~e enlire ~
sum mentionpcI in said note, and t~is mortgage, or tl~e entir+e balance unpaicl the?+eon, shal~ jortF~wifh "or
J1~ereajter, at t6e option oJ the mortgngee, become nnd 6e due and payn6le, anything in said note or herein
fo I~e co~fmry nolu~itF~slanding. Failure by il~e morlgagee to exer+cfse any oj t1~e rights o~ optfona ~erein
pronided shal~ nol conslilutp a u~ait~er o~ nny rtg~ts or options under said nofe or f~is mortgnge accrued or
t{~ereaf ter accruing. '
~n ~itness ~h~reof~ Ihe said morf9ngor hns herwunto signe~cl and seulec~ these presenfs the
day an~- year Jirsf atiove u~rilten.
CI.L....~ ~....~...jn....~ .~..~in~?n~ in nrorenrn n~- ~
u s~ xu .a p..~.....
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J S R._MALEY ,
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STATE OF FLORIDA. ~
CovlvTV oF St. Lucie
I HEREBY CERTIFY that oa t!?u day, befott me~ an
officer duly authorized in the State aforeuid and in the County a(oresaid to take acknowkdgments, peraonally appeared
JAMES R. HAI.EY and MARGARET MALEY, his wife
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to me known to bc the pe~nons described in and who executed the forcqoinR imtrument and itsbwkd8ed
_
' :.'i~ •:~kt~;.
beforc me that tlley executed the same_ - • ~ G.,:;~~
W[TN my hand and official seal in the County and Sut~ last atoresaid this i~i~~}~ ~
t~ ~ro..fi.
~ A_ D. 19 7~ ~ ~.,....,.~~J~ ' ~~rtl~.~.
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