HomeMy WebLinkAbout2724 and shall perform, comply with a?td abide 6y each and every the agreements, stipulations, conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby crawled, shall cease, de-
termine and be null and ibid. '
Z111Y the mortgagor hen?by further covenants and agrees to pay promptly when due the principal sad
interest and other sums of money provided for to said note and this moNgage, or either: to pay all and
singular the fares, assessntenls, leules, liabilities, obligations, and encumbrances of every nature on snid pro-
perty: fo permit, commit or stiffer no waste, impairment or deterioration of sold Innd or the improvement
lherrcn al a?ty lime: to leeep the buildings now or he?ra(fer on said land fully insured in a sum of not lea
than FULL INSURBABLB VALUE
in a company or rnmpanies acceptable fo the mortgagee, the policy or policies to be held by, and payable
to, said mortgagee, and in .the event any sum of money becomes payable 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
- fo the mortgagor (or any sttrplt?s; to pay all rnsts, charges, and expenses, including lawyers fees and title
searches, reasonably incurred or paid by the mortgagee because of the failure of the mortgagor fo promptly
and fully comply u+ith the agreements, stipulations, condiftoru and covenants of said note and this mortgage,
or either; to perform, rnmply with and abide 6y each and. every the agreements, stipulations, tronditlons and
covenants set forth i?t said nose and This ,mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable by virtue of said note rand this
mortgage, or either, the mortgagee may pay the soma, without wnivtng or affecting the, option to jorecbst
or any other right hereunder, and all such payments shall bear interest from date thereof at the highest lnw-
(ttl rate then allou+etl by the tat?+s of the~Slate of Florida.
1L any sum of money herein reIPRP~ to {>e not promptly paid within Thirty(30) days next after
the same becomes due, or i( each acid every the agreements, stipulations, conditions and covenant of said
note and this morlgatle, or either, are no! fully performed, complied with and abided 6y, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
Ihereajter, at the option of the mortgagee, become and be due rand payable, anything in said note or herein
to the contrary nolu+ilhsfandittg. Failure by the mortgagee to exercise any of the rights or options herein
provided shall riot cortsfifttle a u+aiver of any rights or options under said note or this mortgage accrued or
thereafter accruing.
Dn ~~NIeSS ~~Of, 1{te said mortgagor {Las hereunto signed and sealed these presents the
day and year first abut+e a+riflen.
$igne se a ivered in -the presence oj:
?[-~~c~
• - J. U
~~1 ,
E CROUCH
E STATE- OF FLORIDA, )
C.OL'\TY OF ST. LUCIE i
I HEREBY CERTIFY that on this day, lx[ore me, as
E officer duly authorized in the State aforesaid and in the County aforesaid to take acknortrtedgmenu, personally appeared
i
s HOWARD J. CROUCH ~d LANE1'rE CROUCH
to me known to be the prrson S described in and who executed the foreRoinq instrument and they acknowledged
befon• me that tits y executed the same.
N'11:\ESS my hand and oi(icial seal in the County and State last aforesaid this ~ day of
Aprils A. D. 19 ~9.
- ,
i
Netary Ptsbli
My Co>rmission Expires:
st0~AR1I r'urlC stATl a r!M'~~ A• t-+N.,r
M'?tO~+r~ttttist0•:Es?ttt5 rrt ? y J ti>;~`l;•1' * , :.FrORucD
tARq/~Y ~?C ~(,?~:/tt ?1.~ , 's~'~ - '`,~t~. .rCir ~ V
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This hulni,iun~ prrPnrrd hy: ARIF PARUPIA ~ ~ ` _ ; -
_ ~ ~ • •J~T 1.
~~c/t/rrxs LAWYERS TITLE INS. CORP U R s'!1A
9999 S. U. 5. 1 50~K `y ~ p~CE~~~
port St. facie, Florida 33452 +`~'y
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