HomeMy WebLinkAbout2592 ond shall perform, coltiply u~ith and aLi~lc by cnch ond ~•urry th~ uKncn~cnls, stipuJat~i?u, corulutons Qnd
cooenants the?~of, and o~ this ~~~ort~;a~;e. then t)~is murl~;a;;~r u?u! tl~e estate 1?c?el~y c?eated, s1~a11 cease. de-
terma~e anct Ge nul! aru! v~id.
~ tje mortgagor hereby further covenants o~ut ogrees to pay prom~tiy w1:en due lt+s princi{w! and
interest anel other sunu of moncy pmuide~t for tn sa~d note- and this mortgage, rnr eit)~e~; to }~a,y o11 and
singular the taxes, assessments, :evies, IiaGiIitks, ob1i~;4tb~~s. and encumGro~ices of eoer,y ~u+ture on safd pro}~-
erty; io ~er'mit, com??ut o~ sueer no uaste, impatrment or deferiora~ion o~ said la~u1 or ti~e improvements
thereon ot any time; to kee~ ths buiktin~;s nou~ or herea/ter on said land fully insured in a sum of not less
than Eight Thousand and no/100-------------"'
in a company or componies acceptable to the mort~agee, the policy or }~olicies to Le heid by, and payabie
to, suid ?twrtgagee, a~ul in the event any sum of money becornes payable Gy uirtue of s~ch insurance ihe
mortgagee shall hove the right to receioe a~ul ap{~ly tl~e sume to the uulebtedness hereby secured, accounting
- to tl~e mortgagor for any surplus; to ~wy alI costs, charges, a?xl expenses, inc[uding lawyers fees a~ul title
searchcs~, ieaso~wl~ly mcu*re~! or paid by the mortgagee Gecouse of ihe failure of the mortgagor to promptly
and fupy compt~ with i/te agreen:ents, stipulations, conditions orut covenants of soici rwte and this mo?tguge,
or either, io perfosm. comply uith ond alikle ~y ~ch a?ur euery Ihe agree?nents, sttpulations. conditions ur.d
eooanorets set forth in said note and this mortgage o~ eitl~er. ln the euent the mortgagor ~ails to ~ay when
due ony tax> assessment, rnswrance premium or other sum oj money pa!/uble vy omue of said note aru! this
mortgagc, or either, the mortgagee may pay the same, u,~ithout u:aiuing or a~ecting ~he option to foreclose
or any other right I~ereunde~, a~ui nl! such Nayments si,alt Gear interest from date thereof ut tl~e hi~hest iaw-
ful rate then albwed by the laws of the State of Flarida.
` thirty
ony sum of money herein ~eferred to Ge not promplly paid e~-ithin days next a~te?
the same 1~ecomes due, or if ea~1~ and eve?y the agreements, stiNulatioiu, conditior~s and covenants of said
note arul this mortgage, or either, are not fuUy performed, compTied with a~ut abided by, then the entire
sum mentioned in saicl note, anct this mortguge. or the entire ~wlanee un~xiid thereon, shall forth~ith or
thereafter, ut the option of t)~e mortgagee, l~ecome und Ge due arul NayaGle, an~hing in said note or herein
fo the contrnn~/ notuifhsfarulirtg. Failure Gy the mortgabee to exercise any of tl~e rights or options herein
provided shall not constitute a ieaiver of any rights or oE~tions under said note or this mortgage accrued or
therea
f
ter accru ing.
~n ~itness ~h~tof~ the said mo*tga~;or hos hereunto signed and sealed these presents the
datJ and year first uliot~e icritten.
Signed, sealed and delioered in the presence of:
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STA1'E OP FLORIDA, ~
cou:~^['yr oF St. Lucie -
I HEREBY CERTIFY that on this day, before me. an
o~cer duly autlx~rizecl in the State aforesaid and in the County aforesaid to take xknow•ledg~nts. personlllY aPP~*~
Donald W. Booher and Claudeane M. Booher, his wife
to nx~ k~N~~vn fo Ix• fhc {x•~~n 5~~~'urilx-d in :md ~cM ~•~iti~di•d tlr• fun•t~oinx i~tctninx•nt aixl they :+c•~~~~'~lC~
befnm ux~ tFut tYl@y ~•~i~c•ut~Yl llx• •:~nK•-
WIT~iESti n?}• h:uxl :uid ulfici:d s~•al in t1x• Co~urty and titat~• lact :domsaid this ].2~ day of
September ~ 74
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BOOK~1 PA6E~58~
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