HomeMy WebLinkAbout2162 a~id shaU per/orm, comply u:tt)~ urul abule Ly eude o~~d euery l)re u~;rrcu~enfs, stipulatio?u, corulitiona und ~
couenants t)~ereof, ancl o/ this mortga~e. then thu murt~a~e aiul tlie estotc l~ereJ~y created, sha11 cease, de-
termine and be nult ond ooid. i
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~ the mortgogor hereGy further covenonts a~u! abrees ta ~wy Nromptly ichen due the princlpol and .
~ inter~est and other sunu of moaey proutcled for in said note arat t1~is mortgage, or either; to ~xiy all and
sir?gular the tazes, assessments, leuies, liabilities. obligotians, a?uI encumbrarwes of eoery nature on said prop-
erty; to pern~it, commft or su~er no u;oste, impairn~ent or deterioration of said la?ut or ihe tmprouementa
tl~ereon at any time; to keep the buildings nou~ or herea/ter. on satd land fully insurec~ in a sum of not less
than Seven Thousand Five Hundred and no/100------------------""'
in a oompany or c~ompanies occeptalite to the nwrtga~ee, the polic~ or policles fo be held by, and payQble
to, suid mortgogee, arui in the euent ony sum of money becomes payoble by virtue of sucli ~~uuraru~e the
mortgagee shol! haue the right to receiue ancl opply the snme to the indebtedness )~ereby secured, accounttng ~
to the mortgagor for any su~lus; to pay al! costs, charges, a~ul exNe~.ses, including bwyers fees aiuI title
searches, *easonavly incurre~l or ~wid by ihe mortgagee 6ecause of ihe failure of the nwrtgagor to promNtly
ond fully compl~ u:ifh the agreements, stipulations, conctitions ancl conenants of saki note arul this mortgoge,
or either; to per/orm, comply with arul abide by eacl~ ~and eoery the agreements, stipulntions, concIitions and
covenants set forth in said note anc! this mortgage or either. In ti~e event the mortgagor fails to pay when
due ony tox, assessment, insurance premium or other sum of money payable by oirtue of said note arut ihis
mortgoge, or euher, the mortgagee may ~xiy ihe some, evithoui uaiuing or a~ecting the option to foreclo~e
or any other rigbt hereunder, and al! such ~wyments s1~aU bear interest from date ihereof at the highest lu~u-
. fu! rate then ailoued Gy the laevs of ihe State of Ftarida.
any sum of money )+erein referred to be not J~romptly paul ~cithin ~irty
the same becomes de~e, or if eoch and euery the agreements, stipulattons, cnnditions and onoenants of saict
note aiul this mortga~;e, or either, are r+ot fuUy performed, complied u;ith and aliided by, then the entire
sum ment~oned in said note, and this mortgage, or the entere bnlance unpaid thereon, shatt foni,wuh or
tbereufter, at the option of ihe mortgagee, Gecome and Ge due and ~wyable, onything in sakl note or herein
to the contrary notu;ithstanding. Failure by the mortgagee to exercise any of the rtghts or options herein
provicled shaU not eonstitute a woiver of uny rights or options under said note o~ thu mortgage aecnred or
thereafter accruing. . ~
~n ~itness ~hereof~ ihe said mortgagar has hereunto si~ned ancl sealed these presents the
day ancl year first al~ove ~eritten. _ ~
Signed, seaIed and delivered in the presenee of:
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STATE OF FLORIDA. ~
cov~rrx oF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the State aforesaid and in the County aforesaid W take acknowlecigments. personallY appeat~d
George B. Walters and Alliece Walters, his wife
M me k~x~~~•n to 1~ the pe~ung cl~~rilx~l in :?nd ~vhr? r~erutrd t}N• fan•~:oiuK instn~nx~nt a~xl they ackno~vleclRecl
liefom um that they e\fY'U~(YI ~~H• .:wn•.
\VIT\ESS my hatxl v~d ulFu•i:d x:t1 in the G~~mt~~ and State lact afomsaid this 14th ciay of
November A. 74
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