HomeMy WebLinkAbout0647 and s)sall J~erjarn~. conipl~~ u~itli a~ul nbule Ly cuc1~ und ccer~ tlic uRrc~em~~nts, stipulations, conditio~u and
eovenants the~eof, and o/ thts ~uort~;a~;e, tl~en this mort;;a;;e u?u1 t1?e cstnte hcrel~y creuted, shall cease, de- ~
termi~e anci he nuU and ooid. ~
~ ihe mortgagor hereGy furtl~er coucnants aru! agrees to ~xty promptly u~1~en due !he principal and
interest and other s~~ms of mone~ prouided /or in said note aru/ t/~is ~nnrt~age, ar eithe?; to ~ay aIl ancl
singular the taxes, ass~essn~ents, IeuFes, liabilities, o1~liRateau, ai~d encurnbru?~ces of euery ~~ature on soul prop-
erty; to permit, con~mit or suBer ?w u;aste, im~xrirment o~ rleteriqration o~ said 1a?ul or tlie tmprovements
tl~ereon at any teme; to keep ihe huilclin~;s now or hereu/ter on sout''land full i~uY~red in a sum o~ not less
than Ten Thousand and no/100 Dollars ($10,000.0~)
in a company or companies acceptable to the mortga~ee, the ~~olicy or policies to l~e helcl Uy, and }w~able
to, said »~ort~agee, arul in the event ariy sum of money l,eco~nes ~wyable by oirtue of suc)~ i~~,n~rance the
mortgagee shaU have the right to receioe mut appty the svme to the indeGtedness 1?erei,y secured, accounting
to ihe mortgagor for any seuplus; to ~wy al! costs, char~;es, a~ul expe~ues, inclucling lawyer's /ees arul title
searcl~es, reasonably ina~rred or paid by the mort~;a~;ee l~ecuuse of ihe fnilure of the mortgagor fo prom~tiy
and fully comply u;ith the agreements, sti~n~lations, corulitionr aiul couenants of snid note anrl ihis mortgage,
or eitl~er; b perfonn, comply uith anc! nbi~le by cacle and eoery N~e agreements, stipulations, conditions uncl
couenants sei forth in sairl note uru! thts mortgo6e or either. In the event the mortgugor fails to pay tchen
due any tax, assessment, insurance N~emium or other sum of mone~ payaGle by virtue of satd note a?ul this
mortgage, or either, the rl~ortgagee may pay t1~e same, u,qthout icaiving or agectirig the option to foreclose
or any oiher right hereunder, a?ul all such }xiyments shaU bear interest fron~ date thereof at ilie higl~est 1aw-
ful. rate then allou;ed by the laws of the State of Florida.
any sum of money herein ~eferred io Le not promptli~ paui ~cithin thirty days nexi afier
the same becomes due, or if each arul eoery the agreements, stipulntio?u, eonditions and cover+ants of said
note arul this mortgage, or eitl~er, are not /uIltJ per/ormed,. compTied tcith arul abicled by, then the entire
sum mentioned in said note, and this rnortgage, or the entire Galance unpaid thereon, sha11 forthwitl~ or
thereafter, at the option of the mongagee, l~ecome and 6e due ond ~xeyaGle, nnything in said note or herein
to tlie contran~ notwithstnnrling. Failure by the mort~;esee io exercise any of !he rights or options herein
provuled sliall not constitute a uaioer of ony rights or options under said note or ihis mortgoge occrued or
therea/ter accruing.
~n ~~D`~ the snid mortga~;or has liereunto signed and sealed t)iese presents the
day arut year first abooe ecritten.
Signed, seaied and delie~ered in the presence of:
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~ STATE OF FLORIDA, '
~ cou~~rx oF St. Lucie ~
I HEREBY CERTIFY that on this day, before me, an
~ o~cer d~dy authorized i~ the Shte aforesaid and in the County aforesaid to take acknow•kclgments, persona~lY aPPeared
Richard Dean Fletcher and Mamie Fletcher, his wife
to nx• k~N~~~ n t~~ Ix~ the {x•nnn S d~~u•rilx•cl in and ~cFw~ i•~irut~•~1 tlK• (un•f:uin~ r~.tnu~H~nt :tnd they ackno~~•ledRetl
I~efon• u~c tlw~t they ~•~~rutitii th~• .:u~K~-
\YIT\F.titi m~• h:tnd and ofiici:d .eal in the Count?• an~l titati• lad afurey:tid this 4th day of
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~ February 75 -
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NpTARY PUBUC STATE OF FLORIDA AT LAitGE
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~ j~py ~OMM1S:i0N EXPIlt`_S fEb. 8.
~ WNOED THRU GENERAL ttNSURAt~CE UND"tRWR~TtRs
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f' Documentary stamps af fixed to ~
~g.~ ~ original note. +~~y'~; `
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