HomeMy WebLinkAbout1726 a?ul shall perform, compiy tcith urul aLide by a~uch and evcry d~e u~;r~~cmcu~s, stipulutions, conditions and
covenants thereof, and o/ this inort~;a~e. then this morl~;a~;e arul tlie cstate herel,y created, shall cease, de•
termine and be nuI! anct void.
~ the mortgagor hereby further covenonts a~ut obrees to }wy promptly when due the principal ond
~nterest and other sunu of »ioneJ Nrouicled for in said note ancl t)iis morfgage, ar either; to pay all and
singula~ ihe taxes, assess~nents, leuies, IfaLilities, obligatio~~s, and cruwmbraices of euer,y nature on swed pro{i-
erty; to permit, commtt or sujfer no waste. lmpairnient or deterioration oj said ia?u[ or the improt~emenxt
thereon ut ony tfine; to keep the buildings now or he?ea/ter on saict land /u~ty truwred in a sum of not lesa
t~ean Eighteen thousand and no / L00
in a compony or companies occeptable to i1~e mortga~ee, the policy or policics to be lie~ 6y, arui jwyable
to, said mortgagee, and in the event any sum of money becon~es payaGle 6~ virtue of such in~surance the
mortgage~ shalt have the rigbt to rec~eive and ap>>ly the same to the indebtedness hereLy secured, accouMing
to the mortgagor for an~ surplus; to pay all costs, ehar~;es, and expenses, inclucting lawyer's fees anct titie
searches, ieasonably incurred or paid by the mortgagee ber.ause of the foilure of the mortgugor to prolnptly
and fully comply with the agreements, stipu~ations, corulitioru and couenants of suid rwte and this mortgage,
or either; to per/orm, comply with and aliide by each and eoery the agreements, stipulations, cond~tions and
cooenants set forth in said note and this mortgage or eitl~er. In el~e event ihe mortgagor fails io pay when
due uny iax, assessment, insuranc~e premium or other sum of money ~xiyaGle by virtue of said note and this
mortgage, or either, ti+e mortgagee may pay ihe sbme, u,~ithout u;aiving or a~ecting the option to foreclose
or any other right hereunder, and aU such Yayments shaU Gear interest fron, date tliereof ut the hiR/:est law-
ful rate ihen allouied by the lau~s of the Staee of Florido. .
~ ~L any sum of money herein referred to be not promptly paut uythin thirty days next ofter
the same becomes due, or if eoch and every the agreements, stipulations, conditions ond covenants of said
note arul this mortgage, or eitl~er, are not fu[ly per/ormed, compiied with and abicled by, then the entire
sum nee~uioned in said note, a?ul this mortgage, or the e»tire bolance unpaid thereon, shall forthwith or
thereafter, at ihe option of tl~e mortgagee, Gecome ond l~e due a?ul payaGle, an~hing in said note or herein
io the contrary notwitl~stauling. Faiiure Gy the mor~gagee to exercise any of the rights or options herein
provided shall not constitute a uaiver of any rights or optioru under said note or this mortgage accrued or
there¢
f
ter aceruing.
~n ~h~~`~ the said mortgagor has hereunto signed and seaied these presents ihe
day and year first aboue ~critten.
1 •
Signed, seale and deliaered in ~~resence of: ~ ~
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STATE OF F'LORIDA, ~
~ COUN7Y OF ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
o6cer duly authorized in the State aforesaid ancl in the County aforesaid to take acl:now•leclgments, personally appeareci
Richard K. Hightower, a single adult
to nx~ k~x?~cn to ix~ the• ~x~rvm d~~ari}x•d in a~xl ~cM~ E'StY'U~l~d tlx~ fun~!oin}C instnmx•nt :uNl he arlno~~•lecl(teel
liefore ux~ that he P\lY'l1ll'(I ~IM .aun•. -
\VIT~ESS my ha~xl and o(fici:d u:d in the• (:~nmty and titate lact .tfun_~,tid thic 3rd day of
October 74~ ~
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l~ GOMM?~SSION EIIIiRfS fE~. ~~iMfR1iE~3
rry GElIE~A1 IiiS1iAANCE
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