HomeMy WebLinkAbout1639 and shall per~o?m, comp~y u~i!{~ nn~ abic~e 6y euch an~ enery f~e ug?eemenfs, ~fipu~atlons, conditiont ond
cot~enanls thereo(, and oJ this mortgage, tl~eh this mortgape and the eatate hA.~6r c?eated, tl~all ceate, do-
Ie~mine and be nul~ and void.
the mortgagor her~~by Jurlhe~ covenants and ogrees to pay p?omptlr when due Ih~ principa! and
inferest and ofher ~ums o( money providec~ ~o~ tn spid note and f~la mortgnge, or ellker; fo pay a~~ nnd
singu~ar the laxes, assessmenfs, ~evles. ~tabi~ittes, ob~tgafions, and encumbr+ances o~ euery rtaturs on satc~ pro-
perty: fo permii, commit or suj~er ~o watle, impairment or c~efertoration o~ sa~d bnd or !tie improvemenlt
Ihe?+cwn at any time; lo keep Ihe 6uildings nou~ or I~e?eaJler on said land /ully inaured in a ~um o( not lesa
Ihan
in a compuny o~ companies accepta6le to the mo~tgagee, the poliry or policte: to 6e hPld by, ~d ~ya6[~
to, snid mortga~ec~, ane~ in Itie evenl any surn o~ nioney becomes poyn6[~ by vtrtue o( such Inaurance t~e
morfgagee sholl I~ave tl~e right to receive and npply t1~e anme to the indebtedness l~sre6y ~ecured, aec~ounting
fo t~e mortgagor (or any surp~us; fo pay a~~ costs, ctinrges, nnd expenses, inc~uding ~awyers fees u?~ tif~e
ssarrl~es, retuonadly incu?red or paid 6y tl?e morlgagee 6ecause o/ tke ~atlure o/ fl~e moHgagor !o promptly
nn~ fu~~y comp~v wifh f{~e agreemenls, stipu~atfons, conaitions and rnvenants o~ soid nofe anc~ f~is morlgape.
or eit~er; fo perJorm, comply with and a6ide by ench and euery the ngreements, stipulations, cortdittons and
covenanis sef Jorlh in satd note and fhis morfgage or eilher. /n the evenf t/~e mwtgagor ~ai~s to puy when
due any tax, assessment, insurance premium or otl~er sum of money paynble 6y virtue oJ said note and tkis
martgage, or either, ttie mortgagee mny pay f{~e same, wtthou! walving or a~~ecting the option to ~orec~ose
or any ot{~er ri~l~t hereunder, and nlI such paymenls shall 6ear interest /rom date the?eoJ at the 6igl~est law-
~uI rnte then allowed by t1~e laws o/ the State o/ Florida. .
_ uny sum of money herein re~PR~ ~O be no! promptly pnid witl~in thllty (30) days neact a~ter
jne aame dec-omes due, o~ eacrt anet euery the agreements, suputations, condit~ons and couenants oJ satd
note an~ !{~is morfgage, or either, are not ~u~~y per~ormec~, comp~ied wit~ and a6~ded 6y, then Ihe enttre
sum mentioned in said note, and t6is morlgage, or the entire balance unpaid t/~ereon, shnll forthwilh or
t6ereuJler, at t{~e optton o/ the mortgagee, become and 6e due and pnyn6~e, anytRing in said note or herein
to t~e confrary nolwithstnncling. Failure by the mortgngee to exerciae anr oJ the rig~fs ot opttona ~erein
pronided s~al~ not constifufe a u~aiver o~ any rig~ts or options under saicl nofe or t~tis mo?tgoge accnaed o~
Iherea~ter accruing.
~n ~~lil~s ~hereof: f{~e satd morfgagor tias tieneunfo signec~ anc~ sea~ lhese presenfs t~e
cray an~ year ~irst ahove u~ritten.
Signed, sealed nnd delineretl in Ihe presence o/: ~
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James M . King, jr
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; STATE OF FLORIDA, ~
~ courrrv oF ST. LUCIE
i I HEREBY CERTIFY that on this day, beforc me. an
~ o(ficer duly authorized in the Stat~ atoresaid and in the County afor~said to takr acknowledgments~ personaUy appeued
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~ james M . King , jr.
~ to me known to br th~ prrson deuribed in and who executed the foregoir?g instrument and he actnowkdaed
~ before me that he c:ccuted the same.
WITNESS my hand and officia! seal in the County ar?d Sute last a(oresaid thu Sth dar of
~ September A. D. 19 7S
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f1lEf~ ~,~`'""f ~4~ Nota Pi~lh~ F~a~:fo~cgl~~~~,~.arge
' ST.LIf:: '..i,~~?S~ % ~:1y o::;;::~>s:o:i ~x,;~res Sc,,'. 1979
r bo~:C 8 Kt e~r G~.
E Fn~. -_~UR~ .'~`L ed 1 S. S iciu~ant!
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~ IINJ I/ll/l!I//!t'll/ ~)I[pvn~! !y: oe G. Mullins ',~~',~~~,:,,:i7,~-~~s ~
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€ ~~~~~~n's-~ Post Office Box 970
~ Fort Pierce, Florida 33450 BCOK2~4~ PACE~~~O
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