HomeMy WebLinkAbout0511 and shal! per/orm, comply wtlh and a6td. 6y ~h and every ths ag?~emenls, sttpulatio?is, condttions and
eorenants thereoj, nnd oJ Il~is mortgape, t1~Pn tl~is mo?tpnga a~d Il~e eslate hen6y crsated, shall ceaas, de-
te~mt~~e anc~ ~e nu~~ anc~ iwi~.
T1ll~ ftiP morfga{~or her~+tiy fu?the~ covenanl: and agree~ fo pay promplly when due ll~e pHnctpa! and
tnte?esl and other sums o/ money provi~ecl Jor ~n sald nofe and thl~ mo~lgage, o~ PIIhN~; to pay all and
stngu~ar fhe ta.res, assessmenls, ~evies, ~ia6i~ilies, ob~igafions, nnd encum6~+a~ces of every nalure on aaid pro-
perly: to perr?tit. commif or suj~er no wasfe, impairment or delertorafion o~ soid land or the improueme~ta
the?+ecn at any lime: fo ~PPP IhP tillll~lll~? IIOW O~ hPIWOJtP~ on said land /ully insiu+cwl tn a sum oj not leu
than t~ighest insurable value
in a com~wny o~ c~ompanies accepfa6le lo ff~e mortgagee, Ihe policy or poltcies to be I~eld 6y, and payable
• to, saic~ mortgngee, anc~ in fhe ei~ent any sum oJ money 6ecomes paya6le by vtrtue oj such tnsurance f~e
morlgagee shal[ ha~•e f~e right to receive anc~ apply the snme to the inde6tedriess I~ere6y securecl, necounting
!o fhe mortga~or (or any surplus; to pay all cosfs, charges, and expenses, including lawyer's jees and ttlle
searches, reasona~?~y incurreer or pai~ by f~e mortgagee because o~ fhe ~ai~we oJ I~e mo~fgngor to prompfly
and Ju~~y comp~y u~il{~ fhe agreemenls, stipu~utions, conc~itions anc~ conenanla of said nofe anc~ I~ta mortgage,
or eil{~er; fo perform, comply u~ith and abtde 6y each and every t~~e agreemenfs. afipu~afions, conditions and
couenants se~ /orth in said note and fhis mortgage or either. In the event tl~e mortgagor /atla to pay when
due any fax, assessment, insurance premium or ot{~er sum o~ money paya6le 6y virtue oJ saic~ note and this
morfgage, or eitlier, ftie morf{~agee may pay fl~e same, wtlhout waiving or aJfecting fhe oplion to ~orec~ose
or any ofl~er righf hPrew~der, and aII suc1~ payments shaU 6eur inlerest from date fhereoJ a! the ?~igi~est lnw-
(u~ mfe 11ien allotve~l 1~y Il~e lau~s o~ f{~e Sfafe o~ ~~orida.
1` any sum o~ money {~erein re(PfrPd IO he nof prompf~y pait~ wif{~in 3~ days nexf af fer
the same ti~comes ~ue, or ij eacti and euery Ihe agreempnfs, stipu~afiorts. condifions anc~ couenanfs o~ saie~
note and this morfgac~P, or eifl~er, are not jully performed, complied with nnd a6ided 6y, then the entire
sum mentioned in said nofe, and lhis mortgage, or the entire bn~ance unpaicl fl~ereon, sha~~ fort~witl~ or
fl~ereafter, at tl~~ option oJ Ihe mortga~ep, become nnd be due and paya6le, anylhing in soid note or I~erein
to fkp t~onfrn?y nofu~ifl~sfanc~ing. Failure ~y f~e mortgagep to exercise any of the rig~is or options heretn
prouic~e~ sha~~ nof conslifutP a u~ainer oJ any righls or opfions under said note or I~is mortgage accruec~ or
ttiereaJf~r accruing.
~n ~~lll~ ~1`~~L~ il~e said morfga,qor hns hPrpunlo signe~l and sealed these presents the
aay an~ y~ar Jirsf nf~one ~oritlen.
S[911P~. SPAIPI~ QII ~P~II~P ~ 111 ~~P ~rPSP?ICP O~: ,
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0$L1t~ lt.~ BLLtOTT
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~ STATE UF FLORIDA,
, co~~'rv c~F St. Lucie ~
~ I 11EREBY (:ERTIFY that on this day, be(ore me~ an
I officer dul~• authorized in the Statc aforesaid and in th~ C.ounty aforesaid to tak~ acknowledQmcnu, pcrsonally appeared
ROBERT R. ELLIOTT and SHIRLEY K. ELLIOTT, his wife,
to m~• known to FN th~• p•rsong described in and who ex~rut~d the for~qoinQ instrument and whp acknowledRed
~ be(or~ inc that they ~~ccutcd the sam~.
~~'17'\ESS my hand and of(icial seal in th~• C:ounty and Statt• last a(or~said this 21St day o(
May A. D. 19 79.
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~ " NOTARY PUBLIC
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~ ' e ~ ~ ~ '~i9 22 ,~.F~ 34
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~ B ~ v= ST
lLC E COU'1 Y Fi
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' ^ ROGERPOlTRAS ~Cpnnr~a+E~qir~sJw»1~.1M1
~ ~ ^~,U~ Ct.ERK CiRCUtt Caua
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~ k'_'C~~01':~I:IEr.
~ ~ 44~14~3
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~ !%u hts~nim~~1~ Pr~prnrJ hy:
~ ~~~,~n_~ gooK 309 ~~E 51i
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