HomeMy WebLinkAbout1059 ond shal! perform, comply u~ith anc! aL'ule btJ each and euery die u~;rccuients, sti~uiatfons, co?ulitioru and
cooenants thereo/, and of this mortgaKe, ti~en 1hu ~nort~;a~;e o,ul the cstaic i,cret,,y created, slwll cease. de-
termine and he null and voicl.
~ the mor~~abor hereby further covenants a~ul abrees to jwy promptly when due the princi{wl a?ul
tnterest and other sums of moncy provi~~ec! fo~ ~n said note anc! this mortgage, or either; to pay ail and
singuiar the iaxes, auessments, leuies, lia~iiTities, obligations, a~ul eru-uml~rances o~ euery nature on said p?op-
erty; to permit, com»iit or suBer no u~aste, imNoirment or defetloration of sau~ lant! or the tmprooements
thereon at any time; to keep t)~e liuitdings now o~ hereu/ter on said land /ul/y insured in a sum of not less
ihan
in a compony or comJwnies acceptol~le to tlie mortgugee, the policy or policies to Le hekl by, and payabla
to, said mortgagee, arul in the event any sum o/ money becomes payal~le 6y virtue of such tnsurance the
mortgagee shall have the right to reoeive and upply the same to the irulebtedness hereby secured, accoanting
to ihe rnortgagor for any surplus; to poy ai! costs, charbes, orul expenses, including lawyers fees and title
searches, ieasonal~ly incurred or paid G~ the mort~agee Gecause of the failune of the mortgagor to promptly
arul fully comply uith the o~reements, stQn~lations, corulitions arut cooenants of saicl note and this mortguge,
or eitl~er; to per/orm, comply uith u~ul abk~e by each nrui euery the ogreemenis, stipulations, conditfons and
covenants set forth in said note a?xl this mortgage or eitlier. In the event the mortgagor foils to pay when
due any tax, auessment, tnsurance premium o~ other sum of money ~wJable by virtue of s~uid note anrl this
mortgage, or either, the mortgagee r?wy pay ihe same> w~ithout u;ai~ing or oBecting the option to foreclose
or any other right hereunder. anri aU such }xiyrreents shall bear interest from date thereof at ihe highest bw-
ful rate then allowed by ihe laws of ihe Siate of Floridu.
~f ony sum of money herein referred to l~e not promptly paid w~ithin thirty
ihe same becomes due, or if each and every the agreeneents, stipulations, coiuiitions and caoenants of said
note ared this mortgage, or eitlier, are not- fuUy perfonned, complied with anci. al~uled by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance un~wid thereon, shaTl forthwith ar
thereafter, at the option of the morigagee, become and be due and ~wyable, anything in said note or herein
to the contrary notecithstanding. Failure Uy the mortga~ee to exercise any of the rights or optior~s herein
provu~e~ shalI not co?~.stitute a waiver of any righis or options unde~ said note or this mortgage accrued or
therea
f
ter accruing.
~n ~~~1~ ihe said mortgu~or has hereunio signed and seated these presents ihe
duy and year first aliove ecritten.
Signed sealed a~ul delivere . in the ~resence of: ~
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STATE OF FLORIDA,
COUNTY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
o6cer d~Jy authorized in the State aforesaid ancl in the County aforesaid to take acknowledSments. Pe*sonally appeared
Andrev Quintan Morris, and Peggie B. Morris, his wife
to nx~ k~ma•n M 1?r the {x•rvu?s ik~cerilxYl in .uid ~cM~ e•XlY'II~CII tFx• f~xe~t;oinX ii~.ctninx•nt u~xl they ~'~~iO•`~R"`~
_ _ ~~~i~•uh~l tix• .:u~K•. ~ ~ _
1?e(um uk~ th~t t~y ,~,.,•~~~~~~~~sr,
~ ~i~•:` da of
WIT~iF.tiS nry hami and ofFK•i:d se:d in t}x• C.~nmty and Statr la~t .dorcyaid ihis 23,: ~es'~ 3`~~'~-'~•~:,-Y
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September n. u. ~s~ ~4 ~ • "'l -
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NOtARY /Ufu 1~ er,?~ is~~~'l~AT v~---
! MY COMM~cc~r.~ r~-p•~}~l.a~. 1. : i~ ~
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f~~Ea n?+a R~coaoEO ~ dOND~THRU GET1fR/?l INS , ~ x; ~'L
ST.IUCIf COUNTY FIA. ~
RGC~2 QQiTRAS ~.',~t'` ~
CLERK ~?icCU11 COURT ~ ~
P.ECOkE~ YEF.tFIEOr..~~"r ' ~
~ 21 ii 2? AN'~~I
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