HomeMy WebLinkAbout1878 and shall perform. comply with and nl~ide 6y each and every the agreements, stipulationi. eonditbns artd
covenants thereof, and of tha morfgape, then this mortgage and the estate hereby cwated, shall cease, de-
termine and 6s null and void.
~1!{{~ the mortgagor hereby ftuthe? cownanb and ogress to pay promptly when dw the principal and ;
interest and other sums bf money proetaed for in antd note and this mortgage, or either: to pay all and
singular the faxes, assessments. Ieutes, Itabiltfies, obligations, and encumbrances of every nnltue on said pro-
perty; to permit, commit or suffer no wants. impairment or deteriorntton of said Land or the tntp?owmenb
lherecn of any time; fo deep the buildings now or hereof fe? on said Iand fully insured in a sum of not less ;
than TNIF.'I'1'-FIVE 'S'IICUSAND AND NC/100 DOLLEiRS-------------------------
in ncompany or companies acceptable to the mortgagee. the policy or policies to be held 6y, and payabb
to, said mortgagee, and in the ewn! any sum of money becomes payable by vi?!ue of such insurance the
mortgagee shall have the right to receive nrtd apply the same to the indebtedness hereby secured, aceotuttfng
to the mortgagor for any surplus; to pay alI costa, charges, and expenses, including lawyers f
eei and tills
searches, reasonably incur?ed or paid by the mortgagee bemuse of the failure of the mortgagor to promptly
arul fully comply with the agreements, stipulations, rnnditions and eownants of said note and tha mortgage. 4
or either; to perform, comply with and abide by each and awry the agreements. stipulations, conditions and
eovennnts set forth in said note and this mortgage or either. In the event the mortgagor lath to pay when
due any tax, assessment, insurance premitun or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay ehe same, without waiving or of
feeling the option to foreclose -
or any other right hereunder, and all stu-h payments shall bear interest /rom date thereo) at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum o/ money herein referred to be not promptly paid within 'I'liirty days next after
the snore becomes due, or if each and every the agreements, stipulations. conditions and rnvenanb of said
note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall f
orehwith or
thereafter, nt the option of the mortgagee, become and be due and payable, anything in said note or herein
to the cantrnry notwithstanding. Failure by the mortgagee to exercise any of the rtgha or optioru herein
provided shall not rnnstitute n waiver of any rights or options under said note or this mortgage accrued or
!hereafter accruing.
~n ~~u1eSS ~eof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
Signed, sealed and delivered in (he presence of
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1 u M. rams -
~ / -,c--
ichard J. am~er
i
STATE OF FWRIDA,
oouNTY of St. Lucie
f I HEREBY CERTIFY that oa this day. before me, so
s officer duly authorittd in the State aforesaid and is the Counq aforesaid w take :cknowledsmenta, personally appeared
'r
Bala M. Cramer and Richard J. Cramer
to me known to be the penoa described is and who executed the forrsoing instrument sad She acknowkd`ed
bdore the that she executed the same.
I WITNESS my hand sad dficial seal in the Couaq and State last aforesaid this ti T~ day d
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- 446021 ~ z
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'l7iu Instrununt p?rparrd by: Gene C . Drumm
Addrss 5600 Cassia Drive d~s30g QACE
Ft. Pierce, FL 33450 1875
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