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HomeMy WebLinkAbout1850 ~ind shall ~~e~r/orm, ca?i~~l~l tciN~ ii~ul ubldt l~q cucl~ und c~~•r~ tl~r u~;n~~•uu~?ifc. xfipulufio~u, cu~ulifio~u und ' cocc?w~~ts ~l?crcuf, a?~d oj N~is iuorl~u~;c, then Ihu u?nrl~;urc u~ul Nic c•stulr I~rre~h~~ ~•rcuted, .~1~u11 cc~.se, de- tennine and l~e null arul caid. ~ j ~ ~ the mort~a~or hereby ftuther cocenants uiul urrces to ~xi~ prompfl~ u~hen due d~e Nriricipal a~ul ~ interest und other sun~.s of moneJ J~rouided /or in said nate a?u~ t/iis ?nort~;uge, or eitl?er, to ~wy o11 aiul sintiular the taxes, wsessr~aenis, leuies, liubililics, abfi~ulio~~s, ui~d en~~u~~?iru~~ces o/ ecery ~wture on suid ~~~oN- erty; to permet, comn~it or suecr no ~custe, i?nJwirment or dclerioration of suid lu~ul or the i?~iprovements d~ereon at an~~ timc; to keeN the buildintis no~c or hereu/tcr on saul la~,d /alG~ insurc~l in a sum of not less ehan Ten Thousand and no/100------------------------------ in a eompany or con~~wnies ac~e~~tuble b t1~e niort~a~;ce, t1~e policy or J~alicies to 1~e )~elcl bi~, and ~wyalile to, s~itl mortba~;ee, nn~l in the ecent uny sY~u~ of mo~~e~~ becomes ~wyaGle Gt~ virfuc o/ suc)~ i~~.surui~ce tl~e mortgagee shall I~aue the ri~;l~t to receive and apJ~l y Nie same to the inde6tedness 1~ereG~ secured, accounting b N~e mortga~;or for an~ siuplus; to ~wy u1l costs, char~;es, a~ul cxJ~e?ucs, includin~ Iauyer's fees and title searcl~es, reasonaGly i?uunecl or Jwul liy the ~uort~;a~ee l,ec~~us~e of the /c~ili~re of tl~e mortga~;or to promptly a11(I fUIII~ COlfi~)It~ lC1~I1 il~e agreeu~ents, s~tip~~latio?~.s, conditia?u and cocenu•~ts o~ s~ul note a~u~ d~is n~artga~e, or eid~er, to per/orm, comJ~G~ iciN~ arul abule liy c~ch a?id euer~~ N~e agreements, stipubtio~u, c.on~litio?~,s and covenants set /ort)i in saul note mul ihis neort~;a~;e o~ eiN~e?. In tl~e eoent the ~t~ortbagor fails to ~wy ichen due nny tax, assessment, insurance preniium or other se~rn of money ~wyable Ly virtue of snid note a~ul Iliis mortgage. or eitl~er, flie mort~;a~;ee mm/ ~wy the sm~ie, ~ciNrout uaiuinh o~ aeectin~ the option to foreclose or antJ otlter ri{;lit leereuruler, a~ui all s~rch Jwymerits sl~all Leur interest fron~ date tl~ereof at tl~e l~i~hest lo~c- ful rate then allo~ced by the lau;s of the State o~ Florula. ~l aru~ sirni o/ money l~erein re./erred to Ge ~iot promj~tG/ )wul ~citl~in thirty ciays nexi after ilie some ~iecomes de~e, or if eacl~ arul ecenJ tl~e a~;reernents, stiyulatio?u, corulitions arul cooenants o~ said note ancl ihis mort~;a~;e, or eitl~er, are not /ully performcd, complied icitG nrul abided by, fhen the entire suna mentioned in saul note, ancl this mortgoge, or the ent~re l~alance un1~aect t?iereon, shal! forthwitl~ or ~ therenfter, at Nie ol~tion o/ the mortbagee, I~ecome anrl I~e due arul ~wyable, an~hing in soicl note or herein to the contrary notu;ithstancling. Failure by the mo?~~;a~ee to exercise an~ of tl~e rights or options lierein provirled shall not co?~.sfitute a icaiuer o/ any ri~;hts or optia~.s teru~er saul nofe or tl~is mortgnge accrued or therea f ter accruing. ~ ~n ~1~~~`~ the saicl mortga~or )ias liereunto si~;ned n?ul sealed these presents the ~ da~/ and ~ear first aliooe ~critten. ,Ti~ sealed and delioered in tf~e presence of: , , ~Q~~~ . . ~ ----a•-- ~'Z--- ~ x-~ -..-----~~_~c . ~ - - -.----~G - - ----------.t~ - - . ~ ; . ~ 'k I ~ f i STATE OF FLORIDA, ) . ~ cou~~rx oF St. Lucie i I HEREBY CERTIFY that on this day, before me, an i ofE'icer duly authnrized in the State aforc~aid ancl in the County aforesaid to take acknaw•lecigments, perconaUy appearecl Ollie Benson Taylor and Florence Taylor, his wife ~ ~ ~ tu nH• k~H~~~n to Ix~ tlK• ~x~r.on S d~~u•riiN•d in and ~~IM~ ~•~~ruh•il flN~ (un•Luin~ in.trumi•nt an~l they xcktx~~~•letlRecl they ~ Ix•fon• un• tftat ~•~truhKl tl~~• wuui•. t ~ ~i'1'1'\F.titi ~u~~ I~and :mJ utfici:d .~•al in thi• ('uuut~ :md tit:d~~ 1:?.t af~~n.:u~l thi. 15th day of ; May.a. is? 75 ~ . _ 1...~__ . . _ . _ - ~.r ' ~p sK~__ ~~N1.~j F1.~• L _ r ~:<.'I :_,-w'.hf; •cf.. ~ fll U~~L ..r~,-Rp5 R _ ` ? : sj Fp ~ c4~ t t ~ , L - 7 ~ - - . ~ - 4. - ~ . ~ - ~~,~r~ . ~ ~ _ ~ Y.• ~ r ~~.ti.. ~ ~1~ ~~3~ . ~ ~ ~IA ~ ~ ~~S O~R ~ 3 0~2~39 P,~1845 ~ ~ I I ~ ~ ~ ~ : - - - ~ _ ~ ~ - ° ~ , _ . , i M~~.~ . ~