HomeMy WebLinkAbout0562 an~ sI~uII per(orm, comp~y wilh and aE,i~e by ~~h und ei~eey fhe agreemenfs. ~ltpulaltoris, rnndittons and
c~onenants thereoj, and oj this mortgaste, fhen Ihes rnorfgnge and tl~e estate here6y c?eated, ahall c~ease, d~-
lermine and bc? ru~~l ancl void.
nl~~ fhp morl~a~or hen~~iy ~urlhe~ couenants and agrees to pay prompt~y when ~ue ~hp pri~~~~~xil and
inte?rs! and ofher sums o, monPy proni~c~ Jor tn saic~ note and fhis morfgoge, or etl~e~; !o pay a~~ and
aingu~ar f~e IQCPS, assessmenls. ~eutes, ~iab[~ilies. ob~ipations. and encumbroncei o~ every nature on snid pro-
perly: to permil, commif or su~Jer no wasle, impairment or dete~toration o~ said ~and or fhe trnprovemenfs
Ihp?ecn at a~~y iimp; to kPp~ ~hp I~uilc~infls nou~ or I~er~a(t~~ on satd land /ully insured in a sum oj not less
ihan
!n a company or companies arc~ptnble to I~e tnortgafleQ, jh~ po~iry or po~Iciet to 6e held br, and payable
to, said mo~inagpe, and in tf~e e~~ent any sum o~ money 6pcomea~ papa6le 6y uirtue of such tnaurance t6e
morlgagee shall hai~e the rigl~t to recpive and apply the aamp to Ihs indebtednesa here6y secured, accounting
• fo f~e morlga~or (or nny surp~us: to pay a~~ cosls, ctiu?ges, and expenses, inc~uding ~awye+~ i je~s and til~e
searr{~es, rewsona6ly incu??p~1 or poid by tl~e morfgu~ee tiecause o~ fhe jai~we o~ 1{~p morfgagor !o prompi~y
and /u~~y comply will~ the agreemeufs, sfipu~ations, rnnc~ilio~s anc~ covenants ol said note nnc~ f~is mortgage.
or eithe~; to pnr/orm, comply u~ith and a6ide 6y each and every the agreementa, stipulntiona, rnnditions and
cot~enanfs set ~orf~ iri said nofe and f~is morfgagp or eifi~er. !tie euen! I~e morfgagor ~ai~s to pay w/~en
, t~up any tax, assPSSment, insuranre premium or otl~er sum o~ mo,~ey ~xiyabt~ by virfue o~ saicl nofe anc~ f~ts
mortgage, or PIIIIP~, f{~e mortgagee~ may pay f~e. same, wil~oul u?uivi~g or aljecting fhe option fo (orec~ose
or any oiher right f~erPUnclpr, and all such paynnenfs shall 6ear interest (rom tlafe thereoj at ~ha h~~hPS~ la«~-
(td m1e Ih~n alloioed bp 1{~e ~au~s o~ tl~P State o( Florida.
nny sum o~ mon~y herein re(ene~ lo be not pe~omplly paid wilhin 30 c~ays next a~tet
tf~p same 6ecomes due, or i) each and Pl~Pfy I~P Q~1'PeI?IP/IIS, slipulalio~s, condifions and rnvenanls o~ said
note and this mortga~e, or etlF~er, are no! (ully per~ormed, romplied witl~ nnd a6ided 6y, then Ihp ~ntire
sum mentioned in said riole, and this mort~age, or tl~e entire 6alance unpaid tbereon, shall fortl~u~ith or
thereal~PT, at fhc~ oplion of tRe morfgagep, 6ecome and bp due and paya6le, anqll~tng in said aote or herein
to 1{~~ confrary nofu?itf~siandin,q. Failurp 6y t~~ mortgagee lo exercise any o~ fhe rigtits or oplions ~erein
proi~i~c~ shal~ nof cor~slifute a u+ainer oj any rig{~fs or opfions unc~er sai~ note or this mo~l~age acc~uecl ~or
t{~~rea~l~r acc-ruing.~ Conditions continued on reverse side.
~n ~~lll~ ~~~1~ t6e said morl~agor has I~ereunio signpd and sealed lhese presents- the
~ay anc~ year ~irsf aEioi~p wriften.
$igned. ~c?d n ner ' t pres~nce o(: ,
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LAND.-- ~
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~ STATE OF FLORIDA~ ~
~ COU~TY c~F ST. LUCIE
~ I NEREBY CERTIRY that on this day, be[ore me, an
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~ -of(ic~r duly authorized in the Stat~ aforesaid and in the County aforesaid to takr acknowledqments, p~rsonally appeared '
~ CHARLBS E. BOWI.AND, JR. and VERA V. BOWI.AND, his Wife
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~ to inc known to br the person8 described in and who executtd the (orrqoinQ instrument and ii1t10 acknowledged
~ befor~ me that they executed the same. _
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~ K'1 ~`~4 , y hand and o(ticia) s~al in thi• County and Stat~• last afor id this day of
~ A. D. 19 ~5
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~ ":J ' . . r ' c~l~ :
Notar~ Public, State of Flonda at Large. ~
t;~ : j~:• - ?Ay Commission Expires Sept. l~ 1977.-
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