HomeMy WebLinkAbout1449 and s)iall perton?i, canply u•iti~ untl ul~ide Ly cuch ai~d eucry fhe u~;rccuicnls, stipulations, c•aiulitioru and
co~erwnts d~ereo/, arul of this u~vrtka~;e, then d~is mort~a~;e u~u! d~e estate l~erel~y created, sl~all cease, de-
iermine ancl be null ond void. •
~ the mortga~;or hereLy further covenarzts a~ul a~;rees to poy pranptly when dua the princiYal ond
interest arul other sums of mo?~eJ ~novided Jor tn said rwte arul tlils mort~age, or etther; to pay all ond
singulor the taxes, assessments, leuies, liabilities, oLligatio~u, und e~u~umbraices oj euery nature on saul proJr
e?ty; to permit, comn~it or su8er no u;aste, impairment or deteriorotion o/ saul la~ul or the im~rovements
thtreon ot any time; to keeN t1~e builclinbs now or herea/ter on said land fally insurecl in a sum of not less
than Six Thousand Five Hundred and no/100------------------------
1n a com~wny or com~wnfes acceptoJile to. t)~e mort~a~ee, the policy or policies to Le held by, and poyable
to, sa~d mortgagee, u?ul in the event any sum o/ money Lecomes payable Gy vistua of such insurance the
mortgagee shal! hooe the ri~;ht to receive and apply tl~e sume io the i?uleGtedness liereby secured, occounting
to the mortgagor for any surplus; to jwy all costs, char~es, a?ul expens~ees, including bwyers fees and title
searches, ieasorably incurred or paid by the »iortga6ee l,ecause of the /oilure of t1~e mortgagor to promptly
and fully comply ~~ith the agreements. stijnitations, c.o?ulitions a?ul couenants of sotd note a~ul this mortgage,
or either; to per/orm, comply u;ith orul oliule by euch and eoery the agreeneents, stipulatioru, conditions and
Gooenunts set forth in said note and ihis mortbage or either. In the event the mortgagor faila to pay when
due any tax, asse~sment, insurnnce premium or od~er sum of money payaGie by ufrtue of soid note arul this
mortgage, or either, tlie mortbugee may ~wy the sume, without uauing or aBecting the option to forecbse
or any other right hereunder, and aU such payments shall l~ear interest from date thereof at tht highest law-
ful rote ti~en albu;ed Gy the lauu of the State of Floricla. •
~L any sum of money herein re/erned to be not promptly paid evithin thirty aN~
the same becomes dae, or if each and eoery the agreements, sti~ulations, conditions and covenonts of said
note and this mortgage, or either, are r+ot fuUy performed, con~plied with and abided by, then the entire
sum mentioned in saul note, and this mortgage, or the entire lwbnce un}wici thereon, shaU forthevith or
thereafter, at the oytion of tl~e mortga~ee, Gecome nnd l~e due and payable, anything in soid rtote or herein
to the contrary notuithsta?uting. Failure by the mortgagee to exerci~se any of the rights or optio~s herein
provu~ed shaU not constitute a u~aioer of any righis or o~tions under snid note or this mortguge aecn~ed or
thereafter accruing.
~n ~~~L~ the said nwrtga~or has hereunio srgned and sealed these presents t1~e
day and year first elsove icritten.
Signed, sealed and delivered en the presence of:
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STATE OF F'I.ORIDA, ~ ~ ~
cov~ oF St. Lucie
I HEREBY CERTIFY that on this day. before me, an
o6cer duly autborizecl in the State aforesaid and in the County aforesaid bo take uknowledgments, personally appeared
William H. Thompson and Mary A. Thompson, his wife
to nx• k~a~~-n to Iw the prrciro SdrsevihtYl in ancl ~~~M? ruY•utrd tM• fnn•y:oin}c inctn~nx•nt a~xl they •rrknowledAecl
lief~?m u~e ~tMc they .~~iY•idt~cl Nx• >:u~H•. -
\VITi1iESS my hanci and oH'ici:d sc:tl in tlH~ C~uinty and State lact afon~.raid thi+ sth clay of
September ~`~75
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