HomeMy WebLinkAbout0251an~ sl~a~~ pe~(orm, ~•umply w~t{i ant~ abi~~e 6y eac~ anc~ every the agreements, stipu~alions, conditions a~d
co~~enants thereof, and o) fhis oiortgape, the~ tl~is mortgage nnd• Ihe estofe F~ereby createc~, sha~~ ceass, c~e-
tp-mi.~p an~l 6e n~dl an~l voi.l. • .
~1n~ 1{~p mo-tflanor hen~by ~url~ier couenunls anc~ agrees to,pay prompt~y when due f~e principa~ ant~
infernsl and olher sums o( money provi~Ie:~ ~or i~ sai~ note and f{~is morfgage, or eil~er; !o pay a~~ nnc~
singul~r t{~e t~x~s, ~ssessmPnts, lp~ies, lia6ilili~s, o61iga1ioris, and encum6runces o~ every nalure on saicl pro-
per~y: to permit, t~ommi~ or suJJer no waste, impai--nenl or deteriornliun of said Iand or Ihe improvements
Il~rrncn al any lime; to ~PPp I~P builrlinns now or I~er~a(ter on ~aid' land (ully insu-ed in a sum o~ no! less
~hn~, highest insurable value.
in a company or compani~s aCCPnIADIP. to fhe moriga{~~e, Ihe nolicy or poiicies !o be held by, and payable
fo, sai~ morfgage~, an~ m i{~e er.enl any sum o~ money 6rcomes ~ya6le 6y virtue oj suc~ tnsurance I~e
morfgagee shall have Ihe right to TPCPIVP and apply Ihe same to the indebtedness I~ereby securecl, accounting
fo I~e morfga~or ~or uny surplus: to ~ay a~~ costs, char~es, and expenses, inc~uding ~muyer~s (ees un~ fif~e
sea-rl~es. reas~naf~~y incurrec~ or pai~ tiy ttie mortgagee beca~ue ol ttie jai~ure o~ Itie morlgagor !o prompf~y
an~ jully comply will~ the agreements, stipu~alions, con~ifions an~l covenanls o~ said note anc~ lhis mortgage.
or eitl-er: lo perJorm, comply wilh and abide 6y each and every !he agreements, stipulnlions, conditions ancl
cov~nanls sef jort~~ in sni~ note an~ lhis mortgnge or eithe~. ~n t{~e event f{~e morfgagor ~ai~s to pay when
due any tax, assessmrnt, insuran~e premium or oll~er sum o( money puya6le by virtue o~ said note and ll~ia
morf~age, or eil~ier, 1~~~ morfgayee may pay Itie same, wilhoul wniving or a~~ecfing f~e oplion to forec~ose
or any ofhes ri~~l~t' herpuntl~r, a~d all sucl~ payments shall bear infe~psf ~rom date fhereo/ af the highest ~Iaw- _
'It~ ~AIP ~~1P71 Q~~OII~C(~ ~y ~~IP ~1111~5 O~ ~~P S~Q~P O' I-~O~I~p.
~t any sum o( mon~v ~~erein re~erretl, to f~e nol prornpf~y paid within thirty c~nys next n(ter
t{~e sa-ne 6ecom~s du~, or iJ euch ancr Fs~ery f~e agreements, stipulatior~s. condifions and covenants of said
not~ and Ihis morfqage, or either, are not /ully perJormed, complied wit{~ nnd a6~dpd 6y, t1~en tl~e entire
sum mentioned in said note, and Il~is mortgage, or tl~e entire 6alance unpaid ll~ereon, shall jortl~wifh or
f{~ereaf ter, a1 thc opliun o( 1{~e mortga~~c, become and be due and paya6le: nnything in said note or herein
fo ihe confrary nohviftislancling. Failure ~iy fhe mortgapee fo exercise any oj the rigtifs or opfior~t ~erein
prvvi~cY~ sha~~ not~ CO/15I1I11IP a u~ai~~Pr o~ any righfs or opfions iinc~pr sai~ nole or f~is morfgage accrued or
I~~er~a~l~r ac~•n~inc~. .
~n ~itness ~hereof~ I~u~ sni~I morfgnyor ~~as ~~PrPUnfo sig~P~ an~I seale~I fltese presents Itie
~ay anc~ y~ar ~irst ~E-ot~e u~rift~re.
Signe~{. s~a~~c~ an~ ~~~~ir~r~c~ in f~~~ pr~st~n~~ o~:
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...-_. - . ~
,' ~ ~~ ~, . MILD D L. McI S
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STATE OF ti.OR1D:1, {
COl'~~I~Y (~F $t. Lucie ~
I HEREBY CERTIFY tha! on this day, before me, an
o((irer duk authorir~d in thc Stat~ a(oresaid and in th~ County aforesaid to tak~ acknowledqments, p~nonally apprared
Mildred L. riclnnis, a single adult
to mr k~.uwn to tx th~ p~•rson d~scribrd in and who t\fCUlf[I th~ forrKoinq instrument andW~lO ' ac3cr.owledRed
IKfum mc that She f%fCUlt(~ the sam~.
~,~~1~jiF~S my hand and of(icial scal in th~~ (:ounty~ and Slat~• last a(oresaid this
•;,~,;-t-~. ~*p 6?t A. D. 19 81
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