HomeMy WebLinkAbout2667 .
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and shall ppr~orm, rnmply wIth and abids 6y eocl~ and suery the agresmenfs, aflpu~uttoni, condittoru nnd
co~~enonts thereo/, and o) this mortgaAe. IF~en thu mwtgage an~ t1~e esfate I~sre6y c?eated, shall cvwe, de-
termtne an~ be null a?xI void. ~
T1~ f~a mortpaflw hero6y /urther covenanfs and agreei fo pa7r prompfly when clue fhe principol and
interes! anc~ olhe~ sums o~ money pro~ided jor in aoid nofe and 1{~is morfgage, or eil~er; lo pay a~~ and
singular f/~e laxes, assessmenfs, ~euies, Ita6fllfies, ob~igafions, and encumbrnncer of every nature on said pro-
perly; lo permit, commif or su(Jer no waste, impairment or deferioi~..•Ion o~ said Iand or fhe improvements
I~prpen af any time: lo ~PPp ~hP (~u1lclin~s nou~ or tierpa~f~r on said land /u~~y insurecr in a aum o~ nof ~eas
~~anhighest insurable value
in a company or companies a~~p~~a6l~ to Ihe mortgagee, the policy or polictes to 6e helcl 6y, and payable
to, said moHgagee, ond in ~~P l'I~PItI any sum o) money becomea ~xiya6l~ 6y t~i?tue o/ suc?~ insurance the
morlgagee SrtpII hQI~B the rigtif fo ?pceive and ap'pIy 11~e same to !he Inde6tedneaa here6y secured, acc~ounling
lo f{~e mortga~o~ ~or any s[aplus: to pay a~~ rnsts. c1~a?ges, and expenses. inc~udtng jawyer~s jeea and tltk
searches, reasonahly incu?rPC~ or paid by Ihe mortgugee because o~ t~e ~ai~ure oj I~e morlgagor to prompf~r
and ju~~y romp~y u~il{~ f~e agreements, stipu~ations, concjitioru a~d covenanls of saicl nole and thia morlgnge.
or eifher; lo perform, comply wtth and a6ide 6y eac{~ and euery the agreements, atipu~ufions, conditions and
covenanls set jorth in said note and thta morign9e or eilher. ln the evenf the mortgagor /uils to pay u~hen
due any tax, assessmenf, insurance premi~im or other sum oJ moriey payo6le 6y virfue o~ saic~ nole and this
mortgage, o~ eil~~er. Ihe mortgagpe may pny t~e same, wit~out waiving or a~~ecting ftie option to lorec~ose
or any otl~er ric~ht I~ereund~r, and al! sucF~ paymenls shall bpar interest jrom date thereoj at the {~igl~est law-
fu~ rate f~~en a~~otuecl ~~y 1~~P ~a~us o~ t~~P $fafe o~ Florida. .
DL any sum of mon~v I~erein re~PrlP~ IO he not promptly paicl withinflfteEEri ~aya next alfer
IF~e samP 6ecomes due, or if eac/~ and every Ihe agreemPnls, slipu~ations. conclilions and conenants of saitl
note and ~I~is mortgage, or pither, are not Jul[y perJormed, complied with and a6ided 6y, tF~en tl~e entire
sum menfioned in said note, and this mort~agp, or the entire 6alance unpnid tl~ereon, shall Jorthwitl~ o~
f~ereaJter, al f~~~ opfion o~ t~e morfga~~e, become and 6p clue and paya6le, anyt~ing in sai~ note or herein
fo the confrory noQvill~sfanc~in,y. /'ni~u~~ hy f{~e mortgagee !o exercise any of fhe rig~ts or optiont ~erein
prot~icl~ s~a~~ nof conslifute a u~aiv~r o~ any ?ighfs or opfions uncler sai~ nofe or ihis mortgage accruec~ or
f~lPlPA~t~r ACf~Ul11(~.
~n ~Uitness ~,K`LO`~ ~~1(• cplrl morlc~ayor ~I(15 ~prpunto si~nP~I ancl s~alecl fl~ese presents ~~P
~ay an~ y~ar Jirst a~~oi~e ~oriffen.
$ign~. se ~~c~ an~ ~~i~~~rn~~ 'n pr~s~> ~
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Arthur C. Coulon
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; - Sally ~~P : ~~~oiilori
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~ STATE OF FLORID4, ~
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~ ( C.nC1TY OF ST. LUCIE
~ I~1EREBY CERTIFY that on this day, be[ore me, an
~ o((i~er duly authoriz~d in the Stat~ aforesaid and in the County aforesaid to wk~ acknowledRmenu, p~rsonally appearcd
ARTHUR C. COULON and SALLY P. COULON,HIS WIFE
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~ to m~ known to tx thc pcno~ described in and who eae~ut~d th~ for~qoinq instrument and they acknowledRed
~ befor~ me that theY exrcuted th~ samc.
~ ~417:hESS my hand and of(icial seal in the County and Statr last aforesaid'this 3rd d~> o[
~ July A. D. t9 79.
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~ S~.L~}L1£CG~~v1Y.f~h Mr cO~ISSip+Ex?IRES SEP~ . ~2 ival
r R POI~f1a? KxJOED ~NRU GENf W. MLS UNDERvr'tITERS
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