HomeMy WebLinkAbout0685 and shall /~er/orn~, can~ph/ u•itl~ ~uul ul,idc t~y euc•h uiiil ccc•r~ Nu• u~rceu~enf.s. 1~I~111IGIt0/1S. ~o~~ditio~u and
covenrints fhereo/, an~! o/ lhis ??~orf~;uRe, tl~en t1~is ~riurt~urie un~l Il~c es~atc l~creh~/ ~rcafed, s)ealf cease, de-
termine ancl ~ie null a?u! void.
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~ ihe mortgatior )ie~el,~ further couenanfs a~ul a~;rces to Jru~ prornpNy when due tl~e pri?tcijwl and
interest a?ul other sums o/ money ~~rovide~l far in soid note aru/ N~is rnnrt~;abe, or eitl~er, to jwy aJl and ?
singulur the faxes, assessn~ents, leuies, liabilitees, obli~;utio~~s, und encturiGrunces of ci:ery ~uth~re o?i said prop-
erty; to perm~t, commit or sueer no ecaste. im~wirment or ~leleriora~ion of said lu?ul or the impronements
thereon at an~ time; to keep t1~e buililin~;s noic or herea/fer on s~ul luncl full~ i?ui~rcd in a sum of iwt less
ihan
in a company or coni~wnies acc~eptaLle to the rnortga~;ee, tl~e ~wlicy or policies to be held 1~:~, a?u1 payuble
to, said mortgagee, a?u! in N~e euent any s~um o/ money beco??ies ~myaLle b~ virfue of sucle i?uurance the
mortgagee sha11 haoc tl~e ri~;ht to receiue aiul apply the sanie to t1~e in~leGtedness hereGy secured, accot~nting
to the mortgagor for anr/ surplus; io pay al! costs, charges, a~ul ex~~enses; includFng lawyer's /ees arul title
searches, reasonably incurred or Naul by d~e »~ort~;agee Lecause a~ the failare of the mortba6or to promptiy
and full~ con~~~ly ecith tlre agreements, sti~nilatioris, co?ulFtioru o,ul cove~mnts of saul rate arul this mortguge,
or eitlier, to ~~erform, comply uid~ arul abi~le by cach and ecery N~e ~agreements, stipulations, conditioiu and
coa.~nnnts set /orth in saul note mul d~is mortgage o~ eitlier. In the eacnt the mortgagor fails to Na~ when -
due any tux, nssessment, insurance premium or otlier sum o/ rnoriey ~wyable tiy virtue of saul note arul tlies
mo~tgage, or eiN:er, t)~e mortgagee »wy ~w~ the same, utithout t~•aiuing or aBecting the ontion to foreclose
or any oilier ri~ht 1?ereuruler, arut all such ~wy~nents sleaU Lear interest from date thereof at the hi~hest laic- -
fuI rate then allowect Ly fhe tai~;s o~ the State oj Floruta.
~f any sum of money 1~erein re%rrecl to be not promptly ~wid ~cethin Thirty rlays next after
the same Gecomes due, or if each mut everi~ tlie agreements, stipulutio~~.s, coiulitions aru~ covenants of said
note arul this mort~age, or either, are not fuUy performed, complied irith arul aLided by, tlien ihe entire
sum mentioned in said note, aru! this mortgabe, or the entire baluncc einlwul thereon, shn[1 forthuitli or
thereafter, at the optioii o/ tl~e mortgagee, l~ecome an~l be clue arul Jwyable, an~hing in soicl note or herein
to t)~e contranJ not~cithstandin~. Failure btJ ~he mort~;a~;ee to exercise any o/ tlre rights or oYtions )~erein
proouled shall not ca~.stitute a icaiuer of an1 rights or optio~~.s u?u~er saecl nole or this mortgoge accn~ed or
thereafter accruing. -
~n ~~~Ol~ the said mortgahor has Iiereunto signed anci sealed fhese presents i1:e
day and year first al~oue ~critten. ~
Signed, sealed ancl delivered in tlie presence of: .
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~ STATE OF FLORIDA, , ~
~ CovN~'t ot St . Lucie ~
~ 1 HEREI3Y CERTIFY that on this day, before me, an
~ o~cer duly autM~rized in the State aEoresaid ancl in the Coanty aforesaed to take ackrww•IcYlgments, persoru~lly appeam~i
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~ Willie Alexander and Lizzie Mae Alexander, his wife
~ to nn• k~xm n to Ix• thi~ {x•rxm g di•u•rilw•tl in :u~d ~cFM~ r~trul~•d IIN• fon•~oin~ in>irnnu•nt :u~tl they acktx~~~•ledKcYl
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~ 3x•~un• un• t~s~t ~~:~j :•:t::::e;! i~H~ ~:~u~c.
~ ~1'Tf\F.titi ui~~ hand and ulfiiial .i•:d in lhe• Connh~ anil tit:di• I:t.t afum.,ud thi. ZIId day of
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~ Mgy D. 1'f 75
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