HomeMy WebLinkAbout2547 and shall ~w~r/orn~, co~~~pG~ tc~itl~ urul uLide l~y cucli un~l cucr~ tl~u ur~r~-~•a~r,~~_,. sti~,ulntu»u, cc~ndiriorks and
couenants d~ereo/, u?ul o% Ihis uwit~a~e, /hen this rnort~uR~ u~~d tlic c~~kNi• l~creht/ ~reute~l, slrall rease, tle- ~
fennine and Le null ond void. '
~ the neort~;a~or 11ereL~~ /urther cooenants a?ul u~;rces to ~~a~ pranptly when due Nie principal a~ul
interest and otlic~ sums of ma~e~ prvuided Jor in said nole urul this .u~ort{;age, ~r eitl~er, to ~~ay al! and
singular d~e tares, ussessuients, leuies, IiaLilities, ol~li;;uti~~rw, ond c~u~~mhrunces of eucn/ twture on saul proN-
erty; to permit, commit or suBer no ~custe, irnjwirn~ent ar ~leteriorat~on of saicl larul or the improuements
t/t$TCUl3 tIt d(iij ~ITAB; ta kce~r fti~ 1~uit~tin~;s noeu or hereujter on sakl laru! /ully i~uured in a sum of iwt less
than Five Thousand and no/100----------------------------------
in a com}wny or com~wnies accel~tal,le to the u~ort~a~ee, N~e ~~olicy or ~wlicies fo be leel~ by, aiul ~~~able
I to, saul mortga~;ee, nnd in the er.ent any sy~m o/ mone~/ becanes ~w~oble Gy virtue of swch i?~,surance t1~e
mortgo~ee shall haoe ~~~P_ fi~;ht tn rg~~~.u+ ~~~~i~ nst~~l!` ~~;g Sil::iC IQ ~ltC tT2:~C~:i.iii'Si,.SS li~Pif3t~ SBi,titrt~, JCtUUilii?1~,;
to the mortgagor for oni~ s~np/us; to ~wy 41l costs, cburges, arul exl~cnses, includtng lawyer's fees a?u! tetle
searclies, reasonably incurrecl or ~wid Gy the nrort~;u~ee Ge~au~~e of the failure of the mortga~;or to ~romNtly
a?ur fully com~~ly icith the agreen~ents, stipulalions, coiutitions arul couenants o/ saul rwte ancl this mortga~e,
or either; to per/orm, compl~ icitli ancl abicle by eacl~ and eoery tl~e agreements, stipubtrons, co?ulitions ond
eovenants set forth in saul note mul t/~is mo~tguge or eitl~er. In the eucnt the mortgagor falls to pay uhen
due any tax, assessmeat, iruuronce >>remeum or other sun~ of mo~~ey ~wyable b~ ur?tue of sard note and this
mort~nge, or either, the mortga~;ee moy ~wy the same, uithout icaiuin~; or aBecting the option to foreclose
or an~ other rigl~t liereunder, arul ull such ~wyments sl~aU Geor interest from dote t1~e~eof ot t/~e )~i~l~est la~c-
, ful rate N~en alloiced vy i)~e laa;s of tlie Stnte of Floreda.
~l any sum of money herein r%rrecl to be not ~~romptly jwul ecit)iin thirty clays next after
the same becomes due, or if each unc! even~ tlee agreements, stiNulutio~~.s, conditioru mul covenants of said
note an~l t?eis mort~age, or eit)ier, are not full~ perfornted, con~j~lied icith a,ul abulecl by, then tl~e entire
'i surn mcntioned in said no~e, ared this ~nortgage, or tl~e entire batuncc unJwir! tl~ereon, sha/1 forthwith or
~ tl~ereajter, at tl~c option vf N~e mortbagee, become and l~e due o~ut lxii~able, unyihing en said note or )ierein
~ to tlie contran~ not~citl~standin~;. Failure beJ the mo~t~a~ee to exercise an~ o/ tl~e reghts or options herein
~ prouuled s1rn11 not constitute a uoicer of an~ ri~;l~ts or o~~tio?u under saic! nohe or this mortgage acerued or
~ tl~ereufter accruing.
~ ~n ~itness ~h . -
~Ol~ t~e saul mort~a~,or l~as hereunto s~~,ned and sealed these p?esenis the
j day a~ul ~ear first aGoue ~critten.
if .
I Si ~~ied, sealed and rleliuercd in the presence of:
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STATE OF FLORIDA, '
covrrrv oF St . Lucie ~ f
I IIEREAY CERTIFY that on this day, before me, an }
o~cer July authorized in the State afonyaid anJ in the County aforesaid to tal-e arkrx~~•ledgments, personally appcared ;
George B. Walters and Alliece ~~alters, his wife ~
t
tn n~• k~Ni~co G~ l~• th~~ ~x•nim S ili•u•rilH•d in and IM~ ~•~~ti~~d~~~l NH• (un~~uiuK in.ln~nN•nt uu~l they acknuwledAcY1
Ix•fun• nK~ tl~at they i•~i.~•uli•d Hu• .:nui•.
\1'I"I~XF.titi m~• h:wd :uul uf(ieial a:il in UN• G~nnl}' :m~l tit,de• I:t.l :~(nre•~tid this 25th day of
March,~_ i~. 75
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