HomeMy WebLinkAbout0671 and shall per)arm, comply wit{~ and a6ide by eac1~ and eve?y tl~e ag?eements, stlpulations, conditions and
corenanls fhereo~, anc~ o~ this mortgage, then this moHga~e anr~ fhe PJ~QIR hereby crealed, aha~~ cease, ds-
terrnine and be null and void.
~il[~ fhe morfgaflor her~~hy ~urfher covenonfs ancr agrees to pay promplly when due fhe principal and
interesf anc~ ofher sums o~ money provicled ~o~ in saic~ nole and ltiis mortgage, or elther: to pay a~~ and
stngu~nr fhe faxes, assessmenfs, ~euies, ~ia6i~ities, ob~igafions, and encumbrances oj ee~ery nalure on aaid pro-
perty; fo permif. commit or su~~er no wasle, impairment or c~eferiornfion o~ said lund or fhe impmuemenfs
Ihereon at any lime: to kppP ~hp 6uiltlinps now or h~reajtpr on ~aid land f ully inswed in a sum oJ nof less
rha~ its insurable vaIlue
in a company or compnnies aCCPptQO~P to f{ie mo~fga{~ee, !~e po~icy o~ po~icies b 6e he[d 6y, and ~ya6l~
fo, said morf~agee, and in !he ei~ent any sum o/ money 6ecomes ~yn6l~ 6y ~irlue oJ such insurance fl~e
! mortgngee Shall hn~~e Ihe righ! to re~•eive and opply the same to tl~e inde6tedness here6y secured, accounfing
to !he morfgagor ~or any surp~us; to pay all costs, cha?ges, anc~ expenses, inc~uc~ing ~awyer~s (ee: and fit~e
~i searc{~es, reasuna6~y incurrncr or paicr tiy fhe mortgagee becatue of i~e ~ai~ure oj Ihe mwtgagor to prompf~y
i~ and Jully comply wit1~ the agreements, stipulations, condilions and covenants of snid note and this mo~tgage.
or eit~ie~: !o per(orm, comp~y wifh and abicle 6y eac1~ and euery f~e agreemenfs, sfipu~afions, condifions anc~
couenants set (orlh in said nofe and fhis mortgage or either. /n-the euen! the moeigagor ~ails to pay when
due nny tax, assessment, insurance premium or other sum o/ money pnya6le 6y virtue oj said ~ote and tF~is
mortgage, or eifher, 1{~e mo~lgagep may pay ttie same, wifhout waiving or a~jecfing f{~e option to ~orec~ose
i or any other ri~ht hereunder, nnd al[ sucf~ payments shall 6ear interest /rom date tF~ereoJ at Il~e higl~est law-
/uI rate tlien aI[ou~ed by ihe laws o/ f{~e State o~ Florirla.
~l any sum o/ money I~~rei?~ re(erred to 6e not rom tl aid wilhin r
P P Y P thirty doys nex! ufte
k,
lhe same b~com~s due, or i( eac{~ and ei~ery the agreemenis, stipulalio?is, conclitions and couenants o) said
4j note and this mortga~e, or eit~er, are not fully per~ormed, compliec~ with a?etl a6~ded 6y, fhen t~e entire
sum mentioned in said nole, and fhis mortgage, or tl~e entire 6alanre unpoid thereon, shall (orthwith or
thereaJter, at the option o~ 16e mort~agee, become and 6e due and payable, a~yt?~ing in said note or f~erein
; fo 1{~p confran+ nolu~itl~stmiclinfl. Failure by the mortgagee to exercise any oj t{~e righls o~ options ~erein
pronic~~ sha~~ nol consfifute a wainpr o( any rig~ls or options under said note or Ihis mortgage nccrue~ or
jl, f{iere~~lrr- ~ccruin~.
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~n ~itness ~~[aL0`~ l~~~ sai~ morf,q~gor has {~prP~into siqnetl an~ sealec~ t{~ese presents !he
t~ay anc~ p~ar ~irsf a~~one ~nriften.
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~I 11 SI(~IIP . PAIP~ Qll~ P~I~PfP(I II! ~~P PrPtiPfICP O![
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( ~I ~ WALTER LEE CARLTON
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; STaTFt.()F,~LORiDA, ~
r~~t~"rY.,~l4. ST. LUCIE
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~~ti~~~t~~~~~,~=~~~q~ I HEREBY CERTIFY that on this day, befon me, an
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L~~y...e~fj~c~r,:c~i/Fj~ authorized in th~ Stat~ aforesaid and in th~ County aforesaid to tak~ acknowledqments, penonally appeared
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+ ' ~ Y _ WALTER LEE CARLTON ~
~ ? F+; C•ftD~~• k~owa to lk th~• ~•rson described in and who execut~d the for~qoing instrum~nt and Whp acknowledged
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' 7~+ be[o~ c~e thpt he rxccuted the same.
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,:%C,`~ ~~.i~;'LY}~+ESS nn• hand and official scal in thc County and Stat~• last a(oresaid this ~ day of
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~•,,~T~ A~'~"4~o'""'er, v. ~9 75.
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iiMy commission expires:
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~ Notary~P lic
State o Florida at Large ~
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