HomeMy WebLinkAbout2356 and shall }~e~orn~, con~ply uit1~ nnd al,ule Ly each und eurry tl~e u~;reeu~cnts, stiptdateons, condeeions and
covenants thereof, and of thts mortgaKe, then this mor/~;a~e a~ul t1~e estate 1~erel~y created, sl~all cease. de-
term?~+e and be nult a?ul voi~l.
~ the mortgagor hereby fu~ther covenanls a~ul agrees to pay p?omptly when due the ~rinci{~al and
{nterest aod other sums of mor~ey ~n~ovictect . for in said note orul thts mort~age, or either; to pay all and
singulor the taxes, assessments, leoiea, liovilittes, obli~otio?u, a~ul encurnvrances of euery nature on suid prop-
erty; to permit, eommit or su~er no uaste, i~n~airnient or deterioration of said In?ut or ihe improoements
-thereon at any time; to keeN the buiktings now or herea/ter on 9akl land f
ully _insured in a sum of not lesa
than Thirty Thousand and no/100----------------' '
{n a com}wny or companiea acceptable to tl~e mo?tgugee, the jwlfcy or ~wllcies to be held by, arul 3wyabie
to, said morfgogee, aruJ in the eoent an~ sum of money Gecomes payable Gy virtue of such insurance the
inortgagee shaU haoe the right to receiue and apply the same to the indebtedness hereLy secured, accounting
to the mortgagor for any surplus; to pa~ alt costs. charges, and expenses, Inctuding iawyers fees arul titTe
searches, reasorwbly incurred or }wid by the mort~agee Gecause ot the foilure of ihe mortgagar to promNtiy
and fuUy comply with the agreements. stipulations, conditions and couenants of saici note and this mortgage,
or either; to per~orm. comply with and abide by each and eoer~ the agreements, stiNuIations, coruliHons and
conerwnts set forth in said note anci ihis mortgoge or either. In the event the mortgagor faits to pay when
due any tax, assessment, insurance ~remium or other sum o~ money jwya~le by uirtue of said rwte arui this
mortgage, or either, the mortgagee may Nay the some, without waiving or a~ect~ng the option to forectose
or any other right hereunder, anci ul! such payments shaU Gear interest from dute il~ereof ot the hig)~est iaeu-
f ul rate ihen albwed Gy the laws of the Siate of Florida.
~L uay sum of money herein referred to ve not promptly pau! within thirty ~ys next ofter
the same becomes due, or if each and every the agreements, stipulatio~u, conditions and conenants of s~aid
note ancl this mortgage, or either, are riot fuUy performed, complied ~cith and abfded by, then the er+tire
sum mentioned in soict note, and this mortgage, or the entire bolunce u?tipaid thereon, shall /orthicith or
thereafter, at ii~e option oj ihe mortgagee, Gecome and be due und ~wyable, anything in said note or herein
to the cantrary notu;itlesta?uling. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a u;aiver of any rights or options under said note or this mortgage accn+ed or
ther+eafter accruing.
- ~n ~h~'(~`~ the said mortga~or hos hereunto signed onct sealed ihese presents the
day and yeur first ai~ove icritten.
.w~!~G~ - .
Signed, sealed and deliuered in the presence of: -
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STATE OF FI.ORIDA, ~ -
cou~rnr oF St. Lucie
1 HEREBY CERTIFY that on this day, before. me, an
o~cer duly authorizecl in the State aforesaid and in the County aforesaid M taice aeknowledgments, personallY aPP~*~
Jacob D. Stewart and Avanell C. Stewart, his wife
to nx• kiw~~rn to lx~ IFn ~x•rv~n r~~k~•rilxYl in and ~~M? ~•seY•uted tix~ fores:oinK inctrument and they ackiw~vleclRecl
hefom tuc that they ~'~~'~'~~t~Kl tix• .:uiK•.
~YIT\EtiS my h:uxl and ofGci:d x•:d in th~• ('~~nnty and titatc I:ut :?forc~aid this ~t ~ day of
October A. t~. 74
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B~JOK 232 PAGi 2355
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