HomeMy WebLinkAbout2649 and shall per/orm, comNly ~citia a?ul nL'ule by eacli and euer~ N~e u~;ree??~enls, stipulattons, caulittoru ond
covenants diereo/, arul o/ lhis ~nortga~;e, then this ~~~ort~a~e a?ul the cstate hereby created, shal! cease, de-
iermine and Ge null and uoid.
~ the mortgagor hereby further cooenants a~ul a~;rees to ~wy promptty when due the princ~{w1 and
interest and other surru of mo~~ey provided Jor in said note. and tliu »iortgage, or eitl+er; to pay al! and
. s~ngular the taxss, assessments, leuies, IlaLiltties, oLligations. arul encum8rances of euery noture on suicl prop-
erty; to pennit, comrnit or suBer no waste, in~pai?nient or tleterioration of soid Iarut or the imNrovementa
thsreon at any time; to keep the butulings now or i+ereajte~ on satd bnd fully tiuY~reci in a sum of not lesa
than
in a company or companies acceptatiie to the mort~a~ee, the ~alky or policfes to Le lielrl ~i,y. and payable
to, s~aid mortgagee, a~ul tn fhe event uny sum of money l~econies ~ayabie by virtae of such iruuranc~e the
mortgagee shuU huue the right to receive and upply the sance to the indebtedness hereLy secured, accounting
to the mortgagor for any surplus; to pay ol! costs, chorges, and expenses, tncluding lawyer's fees and fitle
searches, reasonotily incurred or paid b~ the mortgagee because o/ the fatlure of ilie mortgagor to promptly
and fuliy comply with ihe agreements. stipulattons, conditio~u and cooenants of soid note arul this mortguge,
or etther; to perform, compiy u.yth and abide by each a?ul ee~ry the agreements, stipulations, c~onctitions and ~
covenurits set forth in said note and this »wrtgage or eitl~er. In the euent the mortgagor faiis io pay uhen
due any iax, assess?nent, insurance premium or other sum oj money payaGle by virtue of saici note ar+d this
mortgage, or either, the mortgagee may poy the same, u.~ithout u:oioing or a~ecting the option to foreclose
or any other right hereunder, ond aU such jwyments shaU Gear interest fro»~ dcrte thereof at tlie hi~liest luw-
f
ul rate then uUowed by ihe Iau;s of the State of Florida
aruJ sum of money herein r+efer?ed to be not promptly paid wythin ~'~Y days next after
the same becomes due, or if each and e~ery ti,e agreements, stipulations, conditions arul coaenants of saed
note and this mortgage, or either, are not fuUy per(ormed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, o~ ihe entire 1wlanee unpaid thereon, shall forthwith ar
ihereaftef, at the option o/ the mortgagee, become and be due and payuble, anything in said note o~ hesein
to the eontrary notu;ithstanciing. Failure Gy the mortgagee to exercise any of the rtghts or optans herein
prooicled shall not constitute a u;aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
~n ~itness ~hereof~ the said mortga~or has leereunto st~ned and sealed ihese presents the
day ar~d year first above icritten.
Signed, seaied and delivered in the ~nesence of. ~
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~ SCATE OF FLORIDA, .
cou~°rv oF St. Iucie ~
I HEREBY CERT[FY that on tlus day, before me, an
o~cer duly authonzed in the State aEoresaid anci in the County aforesaid to take acirnowlecl8n~e°t~• I~*s°~Y apP~~
.TBRRY N. AI.BRMTON AND FOSB M. ALBRITTON, HIS WIFB
to nx~ knm~•n to l~e fix~ {xrsnns di~scrilx•d in and ~~M~ exe~vted the• fon•~oinK i~uln~nx~nt a~rl th@y M'10!o~?l.ed$et1
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licforc n~ that ttI@}I e~tY•ute~l tix• .:u~K~. ~t_.. r.'r
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\YITi\ESS my h:~nd and offici:d cu•:d in tM• C:~?anty :md titatc last afon~aid this 1 it~S n`.••••'. ;~~%~`i's
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Octobez ~y 74 =~i,';•.~ 4~:y=~` v:
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~ Ax~ u~~pAUE Iq~ARY NlBLIC STATE :l ' ~ ~ ~ .
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`~~S MY COM~,~ISSlON EXP1R8S 1
ROG-~,.', ~OURj taEirERAL IP~SURAI1Cf I~NGEitWp~TE
CIER ~E;;t~ i
~E1 OF. _ ~
15 ~ a94~~~~ f
Oct i
~3~91 ~
eooK +~z ~cE ~$46 ~
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