HomeMy WebLinkAbout2302 and shol! per/orm. comp~y wif~ and a6ide 6r eo~l~ and ei~ery I~s ag?wmvnfs, tllpu~attoni. condiltooa a?~
c~o~~enants thereo/. Afld OJ IRl1 moitgape, tl~en Il~t~ morfgags and tl~• eatate I~en6y cnaled, ihall c~ws, d~-
fe?mine an~l be null a~~I tro1cl.
~d Ih~ mortgapor I~ewby ~urthrr eot?enanls and agrees to pny promptly wl~en dw th~ pNncipa! and
Intere:l and of1~~ sums of money prouided ~or tn satd nofe artd Il~ls mwtgage, or eil~sr: fo puy a~~ ared
atngu~ar I~e taxe~, asseumenta. ~eviet, ita6tlt~rP,, ob~lgaftons, and encumbr~ancw of evary natw~t on ratd pro-
perly; fo permlf. commtf or su~Jp~ no wasfe. impainaenf or dele~loratton o~ satd land or Itie i~npro+~eme~b
Ihw,~cn ol any time; lo k~p 11~e builtlin~s nou~ or he~w~te~ on ~aid land ju~~y insure~ in a ~wn o~ nof ~esa
~han full inaurable value
in a eompany w componiea amepta6le Io Ihe mortgagee. Ihe policp or pol[ctes ~0 6e h.ld 6y, and paynblo
!o. said morlpagc+~?, an~ in f~e evenf any sum of money becomes ~ra6l~ 6y ~~irfue o~ such irtsurance t~e
~no?tgagea shall I~ove fl~~ rtgl~t fo recetvt? a~d apply tl~e snme to the i~de6ledness I~erebr secund, aceounting
to t~e mortgapor ~w any surp~us: !o pay a~~ costs, cl~arges, and expe?~tes, inc~uc~ing ~a~uyerr i leea and Itl~s
sea?cties, reasona6ly tncunrrl or patd 6y 16e mortga~ee becouse o~ t~e ~aI~ur+e oJ ftie moAgugor fo p?ompf~y
and /ully rnmply u?ilh the agreements, sfipu~affons, c~onc~ifions and covenanls o/ satd noto and ll~is moNgage.
or eilher; fo perJorm, rnmply u~ith and a6ide 6y each and every the ngreemenfa, sfipu~ations, c~ondiltons and
covenanta sel ~orth In said note nnd tkis mortgage or eill~er. In tl~e event !he mo?tgugor (at~ to pay when
due any fax, assessmenf, insumnce premium or other sum o~ money paya6le 6y virfue oj said note ond this
mortgage, or eill~er, the morfgagee may pay t~ie aame, u~tfkouf waioing or aJ~ecftng fhe opfton to (orec~ose
or any ofl~er rigl~t hprpunder, ancl aII such paymenfs s{~aII bear infp?wst Jrom date Ihereo/ at tbe hig?~esf law-
f~d r~tp Ihen nllou~etl Ry ff~e laws o/ thp Statp oJ F~orido.
any sum o~ mon~y {~erein re~errecl to be not prompf~y paid will~in ten ~(ayt next a~ter
fhe same 6ecomes c/up, or if eac~ ane~ enery tJ~e agreemenfs, stipu~atio?u, conc~Itions ancl couenunts o~ saitl .
note an~ t1~ea mortga~e, or eil/~er, are not jul[y per~ormec~, eomp~iec~ wif~i antl abidec~ ~y, t~en I~e enfire
sum ?nentione~l in aaid note, and tl~is mortgage, or t1~e entire balarece unpoid ther+eon, al~aU forlhwifh or
fherea~ler, af IhR option of ftie moNgagee, become and be due und paya6lQ, an~rtl~ing in :aid note I~e?etn. _
. fo t~e conl?~ary nafu~ithsfancring. Fai~ure 6y ~he morlgnpee to exercise any oj f{~e rtgkls or optiont /~erein
pmnic~erl s~a~~ nol consfihde a u~ati~er oJ any rig{~ts or oplions undp~ snid nole or t~fs mortgage accrue~ or
f~iPrea~f~r accruinQ.
~n ~~OL~ f~~e sai~ morlg~gor ~ias I~pneunlo signe~ a~d sea~ec~ Il~ese presents t6e
c~ay an~ year jirst nboue u~ritfen.
Signed, sealed and dplinerncl in fl~e p esencn o(: ,/~/~y~C~ n
~y~=c~.al . _ « _
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Le on Moc , r .
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STATE OF FLORIDA. ~
co~.~:~~rv oF St. Lucie
I HEREBY CERTlFY that on this day~ before mq an
i ofticer duly authorized in the Stat~ afuresaid and in the County aforesaid to take acknowkdqments, penonally appeared
t
? LEON K. 1KOCK, Jr.
~ to me krwtivn to br the penon describrd in and who esecuted the fur~qoin~ instrument and he acknowkd~ed
~ be(or~ me that he ex~cuted t6e sama 13th
~ \~'17:\ESS my hand and ofticial seal in the County and State last aforesaid this dap of
t
: November A. D. 19 7 5.
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~E`A. at Large . -ss~ ~i,~es :
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f ! I,i~ I,wn~~,rf„r prrp~,r-d by: nn
~ /~(/[/irts TIII~ MISiRl1M1E1fT ::".'S t:.~P;,^_D BY: BDdK2~V P~r ~VV
: SPENCER B. GILB::RT, r~~;.>; ~.ay ai l:: rr
' • ?20 S. SECOMO STREET . fT. P:i.i:GE. : lA. 3:~b0
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