HomeMy WebLinkAbout2581 oncl shaU perform, con~Nly u:ith u?ul alikle by each and euc~ry tl~e u~;neuienfs. stipulotioiu. corullt~ont and
covenanta thereof. oncl o/ ~l~i~ nwrtgage, then this mart~n~e u?u1 the catate hcrel~~ created, siw11 ceate, de-
termfne end be nuU ond oo&l.
~ tbe nwrtgago~ hereGy /u?ther co~enonts ond at;reea to pay promptly when due tl~s principal and
inttr~est and other sums of money ~rouidecl /or in said note and ti?Is mortgaga, or eltl~er: to pay oll and
singular the taxes, assessn~ents, leujes, !laGilities, oliligatlo?u, arul e?uwn~lironces of enery nature on said prop-
erty; to permlt, commit or sueer no u;aste. impa~rment or deteriorutbn o/ s~oid bnd or the improaementi
thareon at any ttme; to kee~ tha buildinga now or hereajfer on s~atd land fully insured in a aerm o/ nat less
d~cn Thirteen Thousand aad no/100---------------------------------- ~
i» a ovmpany or companfes acce~~talile to the mortga~ee, the poltcy or policiea to l~e held by, and ~wyable
to, soid mo?tgagee, and in the enent any sum of money bec~nmes ~ayoh?e b~ vfrtue of auch lnaurance tha
mortgagee shall have the right to recetve a~ul oJ~~ly the same to ihe tndebtedne.rs hereLy seeured, accounting
to the mortgagor for ony surplus; to pay al! costs, charges, anc! expenses, includtng bwyer's fees and Ntle
searches, ieasonab~y incurred or putd by t1~e mortgo~ee Gecause of fhe failure of the »~ortgagor to promptly
and fuUy comply u,~ith the ugreementa, stipulations, eorulitions and eouenants of saFd rate and fhts mortgage,
or either; to per/orm, comply wtth and abicle by each ared euery tiie agceementa. stipulotior~,r, condttions and
Qovenants set forth in a+ok! note and this mortga~;e or either. In the eoent the mortgagor fall~ to puy when
due any tax, assessment, ir~surance premtuna or otleer sum of money payable by nirtue of said note and this
mortgage, or either, the mortgugee may puy the same, wtthout u:at»ing or a~ecting the option to foreclose
or any other rtght heieunder. and a!! such payments shal! beor interest from date ther~eof at the highest law-
fu! rote then albwed vy the law~s of the Stote of Florida.
s thirt
any sum of money herein r%ned to be not promptly paic! within y daya next after
t1~e same becomes due, or if each and eoery the agreements, sttpulations, conditions and anntnants of said
note arul th£s mortgage, or either, are not fuUy per/ormed, comptled with ond abided by, then the enifre
sum mentioned fn sad note, and this mortgage, or ihe entire balance unpaid thereon, shaU forthwith or
theseofter, at the option o/ the morigagee, become and be due and payaGle. anyth~ng in sald note or lierefn
to the contrary notwithstaruiing. Fatlure by the moitgagee to exeret,se any of the rtghta or options herein
provic~ed shaU not constitute a uaioer of any rtghts or options under said note or this mortgage aecn~ed or
thereafter accrufng. _
~n ~~f
~ the said mortgagor has hereunto signed and sealed tl~eae prres~ents ihe
day and year first above icritten. ~
Signed, seaied arul delive~ed in the ~esence of: -
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STA1'E OF F[ARIDA.
coutwnt oF St. Lucie
I HEREBY CER77FY that un this dsy. before me, an
o6cer duly authorized in the State aforesaid and in the County aforesaid to take uknowledgments, personally appeared
~Laura B. Hancock, a single adult
to me k~Km•n M I~r the jx•rW?n ~k~scrilx-~l in xnd ~vFK~ ezi~c•utrd th• fon•f:~?inx imtn~nx~nt •r~ul She arkno~~leclged
hefom ute th~tt Sh@ i•~re•uhYl tlx• .:u~K•.
~V1TNEtiti my h:uxl ancl offici:J sr:d in thr County and State last .donYaid this 14th clay nf
November 75
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