HomeMy WebLinkAbout0248 and sha?1 J~crfon», co~~~~~ly ~~•iN~ und uLic/e~ /,y ~•u~•h urul eccr~ N~c u~;rc~mcats, stipulafio~u, conditioru and
couenants fherco/, atut o/ N~is mort~;a~;e, t1~en this u~url~;a~c u~ul ll~i~ cstatc• I~crcl,i~ crcalcd, shull cease, de-
terniine arul lie nul! aru! coid. ~
~d t1~e rnortbahor )~ere6i~ /urtl~er coue~wnts u~u! u~rces to ~xt~ prompN~ u•l~en due tl~e principal arul
inierest and other st~ms of moncy provided Jor in sair! rwte arul this mort~;o~e, ar eitl~er; ta ~xiy all anci
sin~;u/ar Nie taxes, as.sessments, leuies, liubili~ics, obli~;utra~s, und e.nc~iu~brances o/ coery ~w~ure on soid prop-
erty; to j~ermit, COlU1Ht/ or sueer no uuste, inipoirmenf or delerforatton o/ said lorul or the improvements
tl~ereon at any time; to keep the Luilclin~s notc or Itercu/!e~ on suul la~u! fully i~uured in a sum oj not less
than Five Thousand and no/100-------------------------------
fn a company or com~wnies ncceptal~ie to N~e mort~;a~ee, the policy or ~~olicies to be held by, and payable
to. said rnortga~;ee, and in the ecent any sun~ o/ money l~econ~es jwyoLle by virtue of such i~uurance tite
rnortga~ee shall l~ave the ri~;ht to receice nncl apply the snme to Nie indeGtedness hereLy securect, accou~uing
to N~e mortga~;or /or an~~ sarplus; to ~wy ail costs, char~;es, a~ul experues, inctucling laicyer's fees ond title
searches, ieasonaLly incarred o~ ~wid b~~ the mort~;aRee l,ecause of the /ailure of the neortgagor ~o promptty
a~ul fully comJ~l~ icith tlie a~reements, stf~~~tativru, coru/itioru and cooe~iants of saul note nrul th~r mortgage,
or either, to J~er/orm, comply ~cith orul abule by eacl~ and eaeri~ die Agreements, stiptrlations, coruliteons and
covenonts set forth in saut nate arut t/iis mort~;age or either. In tl~e euent the n~ort6agor fnils pcey when
due any tax, as~ssment, insurance premium or other sum of money payaGle by uirtue of saut note arul this
mortgage, or either, the mortga~;ee may Jwy ihe same, i~tithout ~caiuin~; or aBecting the option to foreclose
or any otlier right hereunder, a?u! all such ~wyments sliall bear interest from date thereof nt the highest law-
ful rate fhen allou:ed by the lQU:s of the State of Ftorida.
nny sum of money Iierein r%rred to Ge not ~~romptl~ Jwu! tcit)~in thirty dnys next after
the sanee l~ecomes due, or if each and eoery the agreen~ents, stipulatiau, coiulitioris and covenants of said
note anrl this mortgage, or eitlier, nre not fully ~erformed, complied u:ith and abided by, tl~en t3ie entire
swm men~ioned in saul note, anc! t/~is mortgage, or tlte entire l,alance unJwid thereon, ~ shall forthw~ith or
therea~ter, nt the option o/ tlie mortgagee, Gecome and be due and lxil~ab?e, anything in said note or herein .
to the contran~ notu-itl~starulinb. Failure b~ the mortga~;ee to exercise uni~ oj d~e rights. or options herein
provic~ed shall not constitute o u:aiver of any rights or optio?u under saul note or tl~is mortgage accnied or
thereofter accrueng.
~n ~h~~l~ the soirl mortgu~;or l~os hereunto signed arul seaied these presents the
day and year ferst aliove ~critten. _
Signe~ sealed and delioered in the presence of:
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STATE OF FLORIDA, ~
covh~nt oF St. Lucie
I HEREBY CERTIFY that on this day, beEore me, an
o~cer duly autFx~rizecl in the State a(oresaid and in the County aforesaid to take acknowledgments, personally appeared
Carlton A. Lucas and Virginia F.. Lucas, his wife
to n~ k~mm~ tu IK• tht• jx•rNnS drx•rilw•d in an~l ~cM~ ~•~iY•ut~•d fIN• fore~oink instn~nx•nt and they aekno~~'letlRecl
1?c•fon• u~c tiw~t ~1@y ~•~iti•id~~d tlx• .:uiK•.
\VIT1ESti my h:md :tnd ut6i~i:d se:d in thi• (~~uut~ and titatc l:t~t :iFun•~aid this 23rd day of
September 75
.
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