HomeMy WebLinkAbout0335 and shnll per/orm, ~-umply wilh ond a6ide 6y euch and ei~ery thp agreementi, stipulation:, conditions and
covenu~fs thereof. and o~ Il~is morlpage, t{~en fhis mortpage anc~ fhe estate herehy creat~, shal~ cease, de-
fermine and be null and void.
7~~ the morfga~o? henrtiy ~u~fher coi~enanfs aRd ogrees lo pay promplly when due the principal and
inferest ancr ottier sums of money provided (or in said note and f~is mortgage, o~ ett~e?: to pay a~~ ond
singular the taxe.s, as~essmenls, levies, lia6ilities, o6ligafions, and encum6mnces o( every nature on saic~ pro-
perty: to permit. commil or su(Jer no wwte, impai~ment or delerio~tion o~ said ~and or fhe improvemenft
thPreon al any time: to kppp ~hp buildings now o~ he?ea/ter on said land jully insured in a sum oJ nol less
t~an
in a company or compnnies a~ceplab~e lo tf~e morfgagee, lhe po~Iry o~ po~icies !0 6e held 6y, anc~ pnyab~e
to, said mortgagee, nnd in ihe event any sum o/ monc+y 6ecomes Poya6[~ 6y vtrtue oJ such insurance !he
mortgaflee shall I~ave the right to receive and apply the aame to the indebted~eas here6y secured, accounting
to the mortga~or jor any surplus: b pay all costs, chargea, and expenses, including lawyer's jeea and title
seorches, reasona~~y incurre~ or po~d 6y the morfgagee because o~ f{~e ~ai~ure oj l~e morfgagor fo prompt~y
and ~u~~y comp~y with !he agreements, stipu~ations, conditions and covenants oJ said note and thts mortgage.
or either; to pe?form, comply with nnd abide by each and every t~e agreemenfs, stipu~afions, conditions and
covenants set jorth in said note and this mo~tgage or either. In the euent the inorfgngor /ail.t lo pay when
due any tax, assessment, insurance premium or ot~er sum o~ r~o~ey Poyabl~ 6y virtue oJ saicl note and Ihis
mortgage, or either, f~e mortgagee may ~y the same, wifhout waiving or n~~ecting !he option to (orec~ose
or any other righf hereunder, and all such payments shall 6ear interest jrom clate thereof at the higf~est ~aw-
~u~ rate tRen nllowed by ~?~p ~au~s o~ 1he State o~ F~oricla.
~ any sum o~ money ~ierein re(errec~ to ~e not prompf~y paid wifhin c~nys next a~fer
jj fhe same becomes due, or i( each and every Ihe agreemenfs, stipulations. conditions and covenants o~ said
~I note nnd Ihis mortgage, or either, are nol fully per(ormed, complied with and a6ided 6y. t{~en t{~e .entire
sum mentioned in saic~ note, and +'~is mortgage, or the entire 6n~ance unpaid tl~ereon, sF~al~ jortl?u~itb or
II f{~erea)ter, at tl~e opfion o( tl~e morfgagee, hecome oRd be due nnd paya6le, anything in said ?iote or herein
~ fo f~e confrary nofwifhsfanc~ing. f'ai~ure ~y f~e morlgagee to exe?cise any oj the righfs or options ~erein
~ pro~~iclec~ s~~a~~ nof consfifulP a u~ainer o~ any rig~ts or opiions unc~er sai~ n'ofe or l~is morlgage nccrued or
1{~erea~ter accn~ing.
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ji ~n ~itness ~hereoF~ tl~e saic~ mortgagor has hpreunlo sit~ned and sealecl these presents Ihe
clay and year ~irst oboi~e ~orilfPn. ~
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Signed. sealecl a? d d~Iirerecl in Ihe presv?ere of : ` ~ C ~ i
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STATE OF FLORIDA, ~
~ COL'\TY nF ' . ••11C 1 ~
~ I HEREBY CERTIFY thaf on this day~ betore me~ an
~ uffi~er dul~ authoriz~d in the Statc aforesaid and in the County a[oresaid to tak~ acknowledqmenu, personally appeared
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~ r i,-~.. -1 ; ,r.:.,r
~ tu mr known to M~ th~ ~x•rson described in and who eac~uted the forrqoi~q instrumrnt and h=~• S, ackhowisd~ed
}x~for~~ me that tx~cuted the same. ' ' •
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~ ~~'IT\ESS m}• hand and of(irial ual in thc• County and St~tr last a(or~said this ~ da a~
$ \ A. D. 19 77 . . ~ ` .
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° FILEO ~1N0 RECOROEQ 1 9 ~ ~
' ST. LUCIE COUNTY Fl~. ~
; ROCER P~1TRAS
~ C? FRR CIRCUIt CQUR ~MM~i'~L'70~~~~~~
: _ ~ - - , : ~ ; F , E 0 ~ a1?11~/ Mdi iCN 311115 ~fwN ~1/101
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