HomeMy WebLinkAbout0780 and shal! per/on», comply ~cith u?ul aLide l~y eucl? nnrl eue•r~ the •v~;~eeu~ents, stipuTatio~u, coiiclitions and
covenants tl~ereof, and o/ ~his ~nortKaKe, t)~en this morttia~e u+ul Ilie estate Gereb~~ creatcd, sliall cease, de-
fermine and be nul! and vo&l.
~ the mortga~;or )~ereby /urther co~e~wnls au! agrces to ~w~ promptly u:)~en due the pri?utipal and
interest and other sunis o~ mo~~ey prouuled /or in said note anrl thts mortgage, or ~ither, to pay al! and
singular the iaxes, assessments, levies, linbilities, obligatio?u, a~ul e~~~mbrances of cvery ~wture on said prop-
etty; to permit, comniit or su~er iw u;uste, impairn~ent or deterioration of said la~ul or the improveinents
thereon at any time; to keeN ihe buiklinbs now or herea/ter on suid lmul fully insured in a sum of not less
than
~n a company or companies occe~~table to the mortga~ee, tl~e poltcy or J~olicies to be held by> ancl payable
to, said mortgagee, and in the event any sum v/ ~noney Gecomes payable by nirtue of sucl~ irasurance ihe
mortgagee shall have the right b receiva anct apply the same io the indetitedness hereby secured, accounting
to tiee mortgagor for any sarplus; to jwy all costs, charges, anc! expenses, including lawyer's fees and title
searches, reasonaGly incurred or puid by the mortgagee l~ecause of the faiture of tl~e mortgagor to promptly
and fuUy com~ly with the agreements, sti}puiations, eonditions a~u! covenants of saict note a~ul this mortgage,
or either; to perform, compiy ~vith ond aliule Gy cach and ever~ the agreements, sti~n~latians, conditio?u and
coo¢nonts set forth tn said note and this mortgage or either. In the e~ent N:e mortgagor fnils to pay when
due any tax, assessment, insurance premium or otlier su?n of money payable vy oirtue of said note a?ul this
mortgage, or eitl~er, tl~e mortgagee may poy the same, without waiuin~ or affecting the option to foreciose
or any other right hereunder, and ull such payments shatl Gear interest from dute thereof at tlie hi~liest inu:-
ful rate then allowed by the laws of the State of Florida.
~l ony sum of money herein refened io be not ~~romptly }wid ecithin thirty ~~JS
the same becomes due, or if each and every the abreen~ents, stipulatioru, conditions aruI covenants of soid
note and this•~nortgage, or either, are not fully performed, complied icith and a~iided by, then the entire
sum mentioned in said note, and this mortgage, or ihe entire Galance unlxiid thereon, sholl fortl~witl~ or
thereafter, at ihe option of the mortgagee, 6ecome and be due a?ul payaGle. anything in saicl note or herein
to the eontrary notecithstanc~ing. Failure by the mortga~ee to exercise an~ o~ tlie rights or options herein
provicled shaU not constitute a u;aive? of s~ny rights or options under said note or ihis mortgage acerued or
thereofter aceruing.
.
~n ihe said mortga~or has hereunto signed anc~ sealed deese presents tlie
day and ~ar firs~ above icritten.
Signed, sealed deliuered in the presence of:
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STA7E OF ~L.ORIDA, ~
CoUN~rY oF St. I.ucie ~ ~
I HEAEBY CERTIFY that on tlds day, before me, an
$ o~cer duly auttx~rized in the State aforesaid ancl in the County aforesaid to take acknowleclgments, Personally appearecl
~ James W. Carter, and Carol A. Carter, his wife
to me kix~~~~n to I~ thc~ perv?n S dcscrilxYl in :~n~l ~~Fx~ i•re~t•uti•d dx• furr~oinyC instn~nx•nt aml they - .~~~1~~••'Ietl~Cecl
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Ix~fore mc th~t theq i~~~'~•uted tlx~ ~uni~. , _ ,
R'IT\Etiti u~y hancl and ulTicix) K:il in t}x• Caiiu~fy' :~nd titatr last :~for~yai~t• this Z~;; ~ ,•~~Y'bf :
A. U. ly 7(~ ` .3."4' l~~`. '.a~r`' - i
September ,
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TARY pU9llC STATF O~ ft . ~?lA~':?
MY COMM!cStON f?f~I~*R.~li~. `~r' ~
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~ONDED THRU GEr1E2AL INSIiRANCEllIVDERY'VRITERS .
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