HomeMy WebLinkAbout0885 and a1~al! pK(o~m, comp~y with and abtd~ 6y eacl~ and euery t1~o ae?etm~nb, atlpu~altorv. condiltona and
couenanls thereo% and oj this mortgage, t1~e~ thia n~ortgags and th. eitat~ ke~6y cnaled, ihall c~sas~, dt-
termin~ and 6e null and ~?o~d.
11RY fks morfgagor I~ew6y (urlher covenants and ugroa to poy promplly wk~n dw tl~ Winctpal nnd
interest Qnd other swna o~ ~noney prouided ~o~ in said ~ote and t~it mortgage, or otlher: to pay n~~ and
aingular 1he taxes, nssessments, levtes, Ila6llilies, obllgalions, and encum6nancas oj snery nntun o?i aatd pro-
pe?fy; to permtl, commif or suj~er no waat.. tmpnirmsnt or dslerioratton o~ satd la?~d or f~~ tn~prawmenb
tl~ereon at nny fime; lo keep ths 6utldtngi nou~ o~ he~raf
te? on said land /ully i~~.~d in n sum o~ nof ~su
ek~ its insurable value
[n a c~ornpany or compantes ncoepta6le to !he mortgagee, tke poltcq or .po[icie~ to 6. k.td 6y, ond popa6le
to, sai~nw?igagee, and in fhe evenf any swn o~ money becomea ~ya64 6y virtw o~ such inturancs t~e
mo~eg~~ ~1~11 ka~e the right to receive and apply fl~e aams to tl~e indebterlness heroby tecure~, ac~ounting
to the morigagor ~o~ nny surp~us: to poy a~~ c~osts, c{~arges. and expenier. including ~awyer
s leei and itt~i
seanches, reasona6ly incurred or paid 6y fhe morfgagee 6ecawe oj ff~e ~at~ure o~ tke marfgagor to pro~npf~y
ansl jully c~omply wif1~ tl~e agreemenb, atipulaltons, cbndttto~ ~d ~o~nw~a of satd note and lhia mortgap~.
or etther; to pe?/orm, c~omply witk and n6ide 6y each and e~?ery tke ogreemenb, stipulattona, conditions and
oonenants set ~oHlt in s~ note nnd thia mortg~qe w eltl~e~. In fhe event tl~e mortgagor ~ai~s !o pny when
due any tax, asseument, insumnce premtum or other aum oJ monep paya6la by virtue o/ said note and lkis
morlgage. or ettl~er. tf~e mortgagee may nay the same. withou! u~alving or ajjecting the opfion lo ~orec~ose
or any o~h~ ~t9ht he.~w~d~, and alI sucF~ paymenb sliall bear tntereat ~rom date ther~eo~ nt the 6ig6est laur- '
~ul rafe t1~en allowed 6y Ihe Iaws o~ tl~e State o1 F~~aa.
any sum o/ money {~erein re)emed fo be not prompt~y pntd within thirty days next a~ter
~ fl~e same 6e~omes due, or ij each and every the ugr+eements, stipulations, conditioru and oovenants o~ said
~ note and th~s mortgage, or either, are not jully per(ormed, oomplted witl~ and ab~d~d 6y, tken tl~e entiro
sunt mentioned in said note, and this mortgage, or the entine balance unpaid the~on, s1~aU forthwitl~ or
tkerealter, af fhe option o( t~e mortgagee, become nnd 6e dus nnd pajrnble, anrt~ing in said note or ~erein
fo fhe contrary notwithslanding. Fai~ure by fhe morfgagee fo exer+cise any o~ t~a rig~ts or opfions ~erein
prouided stia~~ not conslilufe a waiuer o( anq rig~ls or opfions tutc~er anid note or l~is mortgoge nccrued or
t~erna~ter accruing. ~
~n ~~lll~ ~~Ol~ tl~e said morfqagor has hereunfo aignec~ and sealed iltese presents fl~e
day and year jirsl above u~riften.
Signed, sea~ed and deliyerecl in e prese~ce o~:
Ie
--~-V.-~----~-~--~~- -F- -
~ R. E. TEAG
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E ~ - -RO RL TEAGUE
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M! STATE OF FLORiDA. ~
cc~c~~rv c~F ST. LUCIE
!i I HEREBY CERTIFY that oa this day~ before me. ao -
officer dulp authorized in the Sut~ aforesaid and in the County a(oresaid to tak~ acknowledgments, peraonally appeared
' R. E. Teague and Ruby Carlton Teague, his wife
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to me known to br the pcrsong described in and who ezecuted the tor~going instrument aod W]lp acknowkdsed
before me that they~x«~e~a the same.
H'1T~1ESS my hancl and o((icial xal in the County and Statc last a(oresaid this p2 7~ day o[
t December, A. D. 19 ~]7.
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? Ii My commission expires : Notary ic ; ; ~ 1 j~, =
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~ State of Florida at ~,af' • -
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~ i rqTARY PUBLIC. ST/1TE OF fLAR10A J1T L/?RGE i:i ~ r
~ MY COMMISStON fXPIRES NOv- ~6. ~980
I AITY C1~'~PANY j ~ ~
~i ~NpEp gy /1MERiCAN FIRE b ChSL% ~ • ~
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