HomeMy WebLinkAbout0570 and shall pe?(orm, comp~y wtt~ nnc~ a6ide by eacti and e~~ery f~e ngreemvnts. ~tipu~nlioti, rn~r~tltona and
co~~enants thoreaf, and oJ Ihis mortpape, t1~en lhta mortgage and th~ eitnte hsreby crealed. •I~oll oeais, d~-
termtne and 6e ~uII an~I void.
Ti11Y f~p mortgagw l~eru6y Jurtl~er covenanls and agrees to pay promptly wken dw tl~s principal nnd
tnferesl anc~ oltie? sums o( money prouided lor ln iatd note and :titt morfgage, w eilher: to pnr a~~ and
~ingu~ar Itie taxps. assessmenfa, ~evtea~. ~iabi~ilie~, ob~igalions, and encumbmncei o~ every nalun on auid pro-
perly: to permil. commit Qr au(f
er no waste, impoirmen! or deterioratton o~ aaid ~and or t~e improvementa
tl~erec~ at any 1ime: lo ~reep the butldinga now or he?ra~ler on said land /uII~+ insured in n aurn o( not less
~hnn highest insurable value.
in a company or compontes accepta6le to the mort9agee, tl~e pollcy o~ policies to 6e held by, and ~ya6l~
to, saic~ morfpagee, anc~ in thP evenf any sum o~ money becomes ~ya6l~ 6y virtue o~ auch insurance th~
mortgagee sl~ull hone the ri9ht to receica and apply Ihe aame to Ihe inde6tedness hereby secured, accounting
to t~e mortga~or jor any surp~us: to pny a~~ costs, ctiarges, und expensea, Inc~tu~ing ~awyer's ~eea artd tit~
~earches. reasona6ly incurrecl or ~xi~d by thF mortgagee 6ecause oJ the ~ailure o( the mo?tgogor to prompllr
and (u~~y comp~y wifh t~e agreements, sfipu~ations, conditions and cove~unts o~ satd nole and I{~ia mo?tgage.
or either: to pe?/orm, comply with and a6ic~e 6y eacl~ and every the ng?eements, stipulnttons, condiiions nnd
covennnts set /orth in snid nole nnd this mortgage or either. In the event tke mortgagor /aib to pay u~~en
due any twr, assessment, insurance premium or olher sum o/ money payn6le 6y virtue o/ said note and tkia
rnortgage, or either, f{~e mortgagee mny pay t~e same, witkout waiving or a~~ecting the option to forecloae
or any o1l~er right herpu~der, and all such payments shnll 6ear interest jrom dn~e thereof at 1he higl~eat law-
(u~ mfe then n~lou~ecl by t/~e ~au+s o~ fhe Sfalp o( Florida.
any sum of money hprein re~err~ !o be not prompl~y paid wit~in t h i r t y days next n~ter
t{~e sar+ie heK-omes due, or i~ each nnd every t{~e agreements, slipu~ations. conclitioru anc~ couennnfs of sait~
note and this morfgage, or either, are not Jully performed, complied witl~ nnd a6tde~1 6y, lhen Ike entire
sum mentioned in said note, nnd tl~is mortgage, or the entire bn~ance unpnid tl~ereon, shall ~ortl~witl~ or ~
tkereaf
ter, at tf~e option o) tl~e mortgngee. Fiecome and be due and payn6le, nnytl~ing in anid note or I~erein -
fo t~e contrary notwithstanding. Foilure hy t~e mortgagee to exercise any o~ fhe righta or oplioru ~erein ~
provided stial~ not constilute a u~airer o~ any rig~fs or options under saicj note or t~is morfgage accrued or
t{~e?ra~fer accruing.
~n ~~tll~ the said morfgagor has I~erpunto signecl anc~ sealed fhese presenls t/~e
t~ny and year ~inf a6oi~e u+ritfen.
Signec~, sea~ed nnrl treliverecr in fhe prnsence o~: /
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- Barr~aton ~ .
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:'~Y ~ Ja/cque~ine Staton
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~ STATE OF FLO[tIDA. - ~
~ COL'NTY (~F S t. L u c i e
I NEREBY CERTIFY that on this day, beforc me, an
~ officer duly authorized in the Stat~ aforeuid and in the County aforesaid to uke acknowledRments, prnonally appeared
Barry Staton and Jacqueline Staton, his wife
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o ro me known to bc the person S described in and who executed the forcgoinq instrument and Wh0 acknowkd~ed
~ beforc me that t h e~xecuted the ume.
~ \h'I1'NESS my hand and official sea! in thc County and Stat~• last aforesaid this ~ d1Y ~
A '
~ . 1l~ly A. D. 1978
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