HomeMy WebLinkAbout0861 and shall per/onn, coinply u•itl~ ~uul ul,ide ettcl~ u~u! rccr~ tl~e.~ u~;rere~nicnfs, slip~~lutioiu, conditio~u and
cocenants tliereo~, and o/ 11+u ~nort~;u~e, then t)~is mort;;u~c uuif ~l~c eslutr l~erebe~ ~reute~l, s1~a11 cease, de-
te?mine and be null and void.
• ~ ihe mo~tga;;or hereLy /u~ther coi:ennnfs aiul u~;rees to ~w~/ pro~nJ~tly ~~l~en due t1~e principal and
interest ond otl~er sur~~s of moneJ J~rouided far iu said note a?ul Niis n~artgage, or eitl~er, to jx~y a!l a?uI
singulur the faxes, assessn~ents, lecies, liabilities, obli;~atio?4s, and e?u~~n~b~unces of euert/ ~utture on said prop-
erty; to permit, conunit or suBer no ~iaste, im~wirment or deferioration oj suid lu?ul or tlie emprove~nents
N~ereon dt o?u~ time; to keep tl?e buildi?~~;s now or hereu/fer on saul lancl full~ i?uured in a sum of not less
than
in a company or com~wnres acceptal,ie to tl~e n~ort~Q~;ee, tl~e policy or ~~olicies to Le held ~~y, and j~n~/able
' to, sau~ mortgahce, and in tl~e ecent any s~un o/ money I,ecornes J~i/able vir~ue of sucli iiuurance ihe
mortgagee sA41! lia~e the ri~;ht to receive and apply the sari~e to N~e indeLte~biess 1~ereGy secured, accounting
!o the mortgagor /or any sur~~lus; to Jwy ul! costs, charges, a?ul exper~.ses, incherlin~ laicyer's fees aiul title
searches, rearonabl~ incurred or ~wid Gy the mort~;u~;ee l~ecai~s~e o~ the failure of tl~e mortga~;or to promptly
arut fully comply icith the abreements, stipulatio~u, conditioiu a~u~ covenants of suul note and this mortga~e,
or either, to pe?~orm, con~p~y uidi vnd abide by euch and euery the agreeu+ents, stepulatioru, corulitio~~.s and
coverants set fortli in sau! note a?ul tl~is mort~a~;e or either. I?i tlie evcnt t1~e mortga~or fails to }xey ic)ien
due nny tox, assessment, ir~,suro?ice premium or otl~er sune o/ inoney }x~yable by uirtue of said note a~ul t)~is
mortga~;e, or eiNier, the mort~;agee may ~wy tlie sume, uythout icaiuin~; or a~ecting the option to foreclose
or nruJ oN~er ri~ht liereuruler, arul all such ~wyments sho?l Geor interest from dafe tl~ereof at i1~e hi~hest la~c- ;
f uI rate ihen allou;ed b,y the laws o
f ihe Siate o
j Florida. '
any sum of money lierein re~erred to be not prompN~/ ~wid ~cidrin thirty dat~s next ofter
t1~e same hecomes due, or if each and eoen~ tlie a~reen~ents, stiN~ilatioru, co~ulitions a~ul covenants of saicl
note a?ut this mort{~a~;e, or either, are not fiilt~ perjorrned, comp?ied ~i-si'e ~~~ul al~icled by, tl~en tlie entire
sum rnentioned in said note, a?ul this mort~;age, or t1~e entire batancc ~mt~aul thereon, shall fortl~u;itl~ or
thereafier, nt tl~e oJ~tion oj tl~e mortgagee, become and be di~e aiut ~wiJal~le, an~theng in said note or leerein
to the contran~ noticitlistandin~?. Failure liy the mort~;a~;ee to exercise any of tlie ri~hts or options lierein
prouided slmll not coiutitute a uaiuer o/ antJ ri~;hts or opteor~.s uncler soid note or this mortgage accrued or
ti?erea~ter accruir~. .
~n ~itnes~ ~hereof~ ihe said mori~;u~or has hereunto si~;ned and sealed these presents the
da~ aiul year ~irst abooe ~critien.
Signecl ~aenled and delicered i? tl~e presence of: /
C'
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[95
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~ STATE OF FLORID~, ~
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CO~\TY oF St. Lucie
~ I HEREBY CERTIFY that on this day, bcforc me, an ~
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officer d~d}• auttx~rizecl in t}x~ Sh?te aforc.aid and in the County aforesaid to take ackno~~'ledR?nents, perx~nally appcared
~ W. H. Baggett and Evelyn D. Baggett ~
~ tn u?e• kiNi~~n to IN• th~• {x~r+~n~g ~lrx~rilx•d in :in~l ~~Iw, ~•~iY•~~I~•~I t6r I~~u•CuiuY iu.trunw•nt :~n~l they :~ck~w~~~~lc~tlqcd
~ IH•fon• ui~~ th:~t they ~'\IY'UIIYI 1h~• .:un~•.
~ \1'1'1~\f:~ti int h:~nd :mil ulficixl .~:~1 in dn• Cu~~nt} :uul titah• I:t.t :d~~rc.v~l thi~ 3Z'd ~1ay of
a
~ Januar .a. u. t~? 75~ , - _ _ '
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- v,y N_C`J?0EO ~ NOTARY rl)bll[ SiATE Os el~AIOA~T URdEY ~ '
~ fILED^~.F vV:~Kiy FLA. t MY COMMISStON Ex~'q~s ~i1t. 1g 19~ ' ~
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~ ST ~ P~ ' . ;TRAS ~ epNpEp THRU GENERAL INSQRAjIC'E UI~FRWR ~
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~ ~AN ~ ~ 03 ~5
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