HomeMy WebLinkAbout2642 and shaA per/orni, comNly uit1~ urul aL'ule l~y cacl~ und c~cry ll~e o~;rccinents, a~tyulatio?~,t, condtt~orte ond
cooenants there .~a?xt.oJ this inortgage. then diis mort~o~;e a?u! tl~e estatc hereby created, shall cease, de-
tern~tne arul nuU and uoid.
~ the mortgugor hereLy furthe~ covenants e?ul asrees to ~ay Nromptly when due the princi}wl ond
~nterest arut other sums of money proukled fos ~n said note ond tl~ts mortgage, or either, tp pay all and
. sfngular the tares, ossess?nents, levies, tiabillties, o6ligatior~, aut encu?nlirances of euery nature on soict prop-
erty; to permit, commit or suBer no w;aste, impairment or detertoration of so&1 land or the improoementt
ihereon ot an~ time; to keep the butldings now or hereafter on saW la~ul fuUy i?uurecl ~n a sum of not less
than
fn a cvmpany or companies ucoeE~table to the mortga~;ee, the poIicy or poltcies to be l~elrl by, and ~ayoble
to, said mortgogee, and in the euent ony sum o/ money becomes payable by oirtue of such tnsurance the
mortgagee shal! haoe the right to receiue anri apply the same to the indebtsdness )iereLy secured, occounting
to iha mortgagor for any surplus; to pay al! costs, churges, a~ul expenses, includtng luw~yer's fees und title
searches, reaso?~ably incurrec~ or paid by the mortbagee becouse of ihe failure of the mortgagor to promptly
and fuily comply with ihe agreements, sti~ulations, conditions and couenants of soict note and this mortguge,
or either; ro perform, comply with and obide by euch a?ui every the agreements, sti~ulations. c~onditions and
couenants set forth in said note and this mortgage or eitl~er. ln the euent the mortgagor fails to pay when
due b_ny taac, assessment, insuronce p?emium o~ other sum of money payable by oirtue of said note and this
mortgage, or either, t1:e mortgugee may pay ihe same, wit)~out u;atving or a~ecting the option io fareclose
or any other right hereunder, and aU such }xiyments shell bear interest from date thereof at tl~e 1+igliest law-
fu! rate then allou:ed by the laws of the State of Florida.
any sum of money herein referred to Ge no! ~~nomptly paid within th1='t7 days next after
the same becomes due, or if each and every the agreements, stipulations, condilions and co~enants of said
note and this mortgage, or either, are not fuUy per/orn~ed, complied with and abided by. ihen the entbe
sum mentioned in said note, and tHis mortgage, or the entire lwlance un}wid thereon, shaA forthwith ar
thereufter, nt t1~e option of the mortgagee, become and be due and ~wyaGle, anything in said note or heretn
to the contmn~ notu;ithsta?uting. Failure l~y the mortgagee to exercise any of the rights or options herein
prooi.~ted shall not constitute a ualver of any rights or options under said note or this mortgage ocen~ed or
thereafter oecruing. ~
~n ~~~f
~ ths said morl~a~;ot htu he~unto si~ned and sealed ihe,se presen~s the '
day arul year first above icritten.
Signed, s led and delivered in tlie presenee of: ~
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STATE OF FLORIDA, )
COUNTY OF ~t. Lucie ~
I HEREBY CERTIFY that on thLs day, before me, an
o~cer duly authorizecl in the State aEoresaid and in the County aforesaid bo take acknowledgments. personally appeared
Thcmae L. Brack and 3arah B. Brack, hia ~rife
to me k~x?a-n M lir the• ~x•rving ~l~~•ri1xYl in :~ncl ~~h~~ rsrcvit•d Ilw• (on•~:uinK inc4runx•nt a~xl ~ley acknou~leciRec)
before uie th?t they ~~~~Y•uti~c! dx~ ~:~nk..
~VITKEtiS in~• hancl and of6ci:d u•.d in th~• (:~»mt)~ and Statc last :iinriwaid this 1~~. 7.~ . tlay of
May u. 75 1'~~- f`~.
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f 1 LE J=' v~ J E D- ~OtARY PUlIiC STATE Of f1d~lOA AF~~~... :
MY COMMfSSiON EXPiRES-/~Fali3;.1971 • .
ST.tU~ ,._i~.~N" FIA.
F,;. i~a5 60NDEDTHRU GeNERA1INSURANCE~~~
C`_c :~:CR . t
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Mar 23 y~ 5? aM'~y ~
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a~X~39 PACE~rVVV
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