HomeMy WebLinkAbout1056 and shall pe?/orm, con~~ty icitl~ uiul aGi~te l~y cnch und cucry N~e u~recu~cnls, stipulutioru, r.o?u~~t~otu anu
coverwnts fl~ereof, a?ul of thts ~nort~;a~;e, then t)ii~ mort~u;;e uru! ll~e estote I~ereby crcated, s)~all cease, de-
termine a?u1 l~e null arul vold.
~ the mortgogor )~ereLy fu?ther conenants a?ui abrees to pay yromptly when due the pri~uipol and
lnterest orut other sunu of mone~ proui~led /or in said note a~ut thts mort~age, or either; to ~wy aR and
singular the tazes, assessments. leui~.s. tiaGilities, o[iligatto?u, unrl encumbrances of eoery twture on suk! Nrop-
erty; to permtt, commit or suBer no u;aste, fmjwirment or delertorafion o~ said 1a~ul or tlie improvements
theneon at an,y time; to keep the builclinbs now or herea/ter on saicl lar.d fully i?u~~red in a sum of not less
thcm
in u company or compa?~ies acceptaGle to the mortgu~;ee, tlie policy or policies to l~e heid by, and Nayable
to, said mortgagee, and in the euent any sum of money Lecomes payable by virfue of such insurance ihe
mortgagee shall have the right io receiue ond app?y the san~e to the indeGtedness 1~eretiy secured, accounting
to the mortgagor for any surplus; fo pa,y alt cosis; charbes, and expenses, including lawyer's fees und ittle
searehes, ieasorwlily incurred or paid Gy the mortgagee l,eca«e of the failure of the n:ortgaoor fo promptly
ancl fully com~ly u~ith #he ogreements, sti~ulations, condittons aut co~enants of said note arul this mortgage,
or either, to per/orm, compleJ ~cith ond abicte by each anct e~ery the agreen~ents, st~pulations, conditions and ~
covenants s~et forth tn said note and this mortgage or either. In the eucnt tlie mortgagor fails to poy when
due any tax, assessment, insurance premium or other sum of money ~wya6le by oirtue af said note and this
mortgoge; or either, the mortgagee may pay the same. without uaioin~ or aBectrng ihe option to foreclose
or any other right h~reunder, and aU such payments shaU l~ear interest froui ciate thereof at the hi~hest law-
fuI rate then albwed by the laws of the State of Fiorida.
uny sum of money herein re%rred to be not ~~romptly paid icithin' thirtq days next after
ihe san~e becomes due, or if each ond every the agreements, sti~ulations, coru~itions and cvuerwnts of safd
note an~ this mortgage, or either, are not fuUy performed, complieci with and abided by, then the entire
sum mentioned fn saict note, ond this mortgage, or the entire balance un1wid thereon, sha!! forthwith or
thereafter, at the opteon of the mortgagee, ~ecome and Ge due and payaGle, anything in sa~d note or heretn
to the contrary noticit)~standing.. Failure by the mortgngee to exerci.se any of the rtghts o? options herein
procicled shall not constitute a uaiver of any rights or options under said note or this mortgage accrued or
therea
f
ter accruing.
~n ~~~1~ the said mortga~or has hereunto signed and sealed the~e presents the
day and year first aliooe ieritten.
Sigried, sea delioered in the presenee of:
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. STATE OF FLORIDA, ~
Cou~ oF St. Lucie
_ I HEREBY CERTiF'Y that on this day. before me. an
o~cer duly autM~rized in the State aforesaid a~ in the County aforesaid to take acknowledgments, personally appeareci
Frances L. Edwards ~
M mc- k~a~cn tn IK• tF~ ~x•non de~scrilxrl in an~l ~clM~ ~•ceti•uti~d dK• fc~n•e,oinK instronx•nt •r~xl She ackno~vled~qecl
liefore ux~ th:~t 811e ~•u~•uhYl f~x• s:mn.. -
, ; day of
~YIT\iEtiS ~n~' h:uul aud o(Bci:d x:d in lh~• ('anmtp and Statr last aforesaid this 25 _
? ~f~ •.~~•I. .
September u- 74 ; `-:=1 • • • ' ~ _ _ -
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~ aK ~~E~.S~ p~,A, t, NOTARY PUBLK STATE OF'jj~j ~~X .•:;~j~~ ~
f 1L ~ J~_ v6U `~RS ~ A4Y COMMlSSION E7fptAF~'.~A~
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Sj. a~G'r- ~Gl~t ~~yAt BONDED THRU GENERJLL tNSURAI3~E,yPtDE~I~~T~
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