HomeMy WebLinkAbout2601 and s1iaU ~forni, cai:NTy wif/~ ancl aLule by each and eucry tlie u~;reeuieuts, stipula~ions, coiulit~ons ond
coruerwnts ehereof, onci of ihis mo?tgatie, then this mort~;a~;e a?u! tl~e estate herehy createrl, shall cease, de-
termt~e and be nuU and void.
~ the mortgago~ hereby further cw~cnants and a~rees to Nay promNtly when due tl+e prir~cipal and
Inesrest and otbe? sums of money ~movided for in said note and this mortgoge, or either; to pay ol! and
singulor ihe taxes, assessments, leuies, ljaliilitiea, ahligotto~u. a?ul encun~lirances of euery naturs on said prop-
erty; to permit, eommit or au~er no u;aste, impa~rment or deterjorotion of sald la?ul or ihe improvements
the~+ton ot wu,~ time; to keep the builclings now or herea/ter on said larul fuUy insured in a sum of not iess
than -
in a company or companies acoeptable to the martgogee, ti~e policy or polictes to I~e held b~, and payable
. to, aaid mortgaget, arul in ihe event ony sum oj money becomes payable by virtue of such ~nsurance ihe
mostgoges shaA haos the rtght to ?eceive und Qppiy the same to the indebtedness hereby secured, accounting
to the mortgagor for any surplus; to pay all costs, charges, and expenses, inciudtng lawyeis fees and title .
seurches, itiasonabGj incurred or paid ~iy the mortgagee because of the failure of the mortgagor to promptly
and fuily comply wtth the agreements, stipulations, conditions and cooenants of satd note and th~a mortgage,
or either; to pe?~orm, comply a~th and abtde by each arul every the agreements, stiputatioru, corutitioru and
cooenants set forth in soid note a?Kl this mortgage or either. In the event the mortgagor fails to puy svhen
dus any tax, as~essment, insurance premium or other sum of money payulile by vfrtue of said note arul thu
~riortgage, or either, the mortgage~ may pay the same> witltout u:atuin~ or a$ecting the oNtton to foredo~e
w any other right hereunder, and aU such payments shol! bear intenest #rom date thereof at the htghest law- '
ful rate then alJoued by the lauu of the State of Fbrida.
any s~~m of money herein referred to be not promptly paic! within ~irty ~ys
the same hecomes due, .or if each and euery the agreementa, ~stipuiations, conditions and covenants of said
note and ihis mortgage, or either, are not fuUy performed, complfed with and ab~ded by, then the enNre
sum mentioned in sakl note, and this mortgage, or the entire tialunce unpaid thereon, ahaU forthwith or
thereafter, at ihe option of the mortgagee, become and be due und payable, anything in said note or herein
to the eontrury notuithstaruling. Failure by the mortgagee to exercise any of the rights or options herein ~
pronicled shaU not constitute a u:ai~er of any rights or options under suid note or this mortgage accn~ed or
thereafter occruir+g. .
~n ~11RT~~~ the said mortgago~ has hereunto signed and sealed these ~?resenta the
day and year first aboue ~critten. .
Signed ied u e' red in the p nae of:
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STA7'E OF FLORIDA, ) ,
covt~rrx oF St. Lucie i
I HEREHY CERTIFY that on tlus day, before me, an
o6cer duly aut6orized in the State aforesaid and in the County aforesaid ~o take acknowled~nfs~ personatly , ~
Clotilde F. Taylor joined by her husband Lloyd Ta~,l~~r
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to ~ne ktw~~~'n tn I~e the ~~c?n S ik~-rilxY) in and ~~•hn rxeti•ufed !lK• (~~m~,~t?inl: in.ctnmx~nt a~„1 ~ tY~ey-` '`~~,~~~j~nqJv~ ~
hefom uie that ~ey r~eti•uti~cl t{x~ s:uiK•. .1'~ ~r)
?V1TI~iESS ~ny hanJ and offxial se:il in the Ceninty and State lact :Jonsaid this 2~tY1 .o~~ v d3~i'oF;
December 74 . ' ` ~ ~ ~
A. D. 19 : ~l : ~ ~ -1 ~
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