HomeMy WebLinkAbout0371anc~ s1~ol~ per~orm. rnmp~y wi11~ and abtds 6y each and e~wry 'tk~ ap-~ena~la. atipu~ations. cort~itioni and
coi~enants thtreo~, ond o~ thts mortqaAe, t1~e~ Il~ia ~no.~Aoe. and ~h. ~atat~ k~»6y c-sated, i-~all c~w~, d~-
lermine ana IH null an~ iwicl. ~
~ I~e morfga{~or ~entby (uN~er covenanfs and agree: to pay promplly wi~~n dua Ih~ p-lncipnl and
tnte~rst nnd ofher sums o( money proui~ed ~or tn saic~ note a-~, t~ts hsorlgage. or etf~er: to pay n~~ and
singu~ar ftiv faxes, asseasmenls, ~eules. IiaLilifles, ob~Jgations. and encwn6r+an~st o~ every nature on aatd pro-
perfy: !o pe-mit. commlf or su~fer no waafs, impairment w defer~o-~ntion o~ aatd ~and or fhs Improw~nenU
I~wrcn al any Iime: fo ~e~p fl~e buildings notu o-lierr~a~t~ on suld Iand /ully insiu+ed In a swn o~ nof ~ss~
tl~an highest insurable value.
In a company or eotnpanies a~-cepla6le fo 1he rnortgagee, tl~e pol~cp or pollcies to 60 1~eld by, and paro6l~
to. suid nwrfpagee, an~ in t~e ei-ent any surn o~ money becoma ~yobt~ 6r vlrlue o~ iuch t-uuwr~ce itis
niortgagi+e ahall have fhe -ighi to receive and apply tf~e same to th~ tnde6tedneu he-e6y secursd, accounttng
fo !~e mo.tga~or ~o~ any aurp~us; !o pay a~~ costs. chatgss, and expenaes, tac~udtng ~awyer i f eea and it1lt
aea-rties, rpnsona6ly incu-rcK1 or paid 6y t6e ntwtgagee becnus~ o~ the -lai~urs o~ t~e rnwlgagor !o prompl~y
and (ully comply wtth tl~e agreements, sfipu~alio-u, eondittoru and eovena~b o~ :atd noee ~d tl~t, moreg~•.
or eilher: to per~orm, c~omply wttl~ and a6ide 6y each ond e~,ery the ngreemenb. slipu~afioru. eo~diltoru and
rnt-enanfs sef ~o-1h in satd ~ote ond I~ts mwtgags or eilher. In the event fhe morfgogor ~al~s to pny u~~~n
due any lnx, assersment, insuronce premium or otf~er sum o/ money papa6le by vt-!ue o/ said nole and tkis
mortgage, or eilher, t~e morfgagee moy pay Ihe same. wtthouf wntving o~ af~ecftng fhe optlon to (orec~ose
or any ot{~er rigl~t Rerpunde~, and all such paymenta s6a!! 6ear tnlerest /rom dats fhereoj at tl~s I~te6ea! law-
(ul mte 16en allowed by tl~p lau~s oJ tf~e State of Flo~tda.
~L any sum of money ~erein re(errc~J io I~e no! promptly paid wtthin thirty d°~" n~xf a~ter
Ihe same 6ec~omps due, o~ ij eac{~ and euery Ihe agreemenia, stipulafions. eondifions und covenanb o~ said
nota w~d rht~ morfgage, or eil{~er, a•e not ~u~~y performed. rnmp~ied wit1~ and abtd~d 6y. t~en !he enfire
sum rnentlonec~ in said note, und this mortgage, or !~ e enlire bnlance unpaid f~er~eon, s{~a~~ f orthu~ith or
therenjter, ut the option o/ 16e morlgngee, become and 6e due and pnya6ls. anytl~ing tn saicl note w{~eretn
to 11~e rnnlrary notwithsfanding. Failure by Il~e mo~fgagee to exerriae uny of !he rig~its or options ~erein
prv~ided shall not rnnslifule a wainer o( any rig~ls or opfions under satd note or t~is mortgage aocrued or
~I~ereojter accruing.
~n ~itness ~~hereof~ 1{~e said mortgagor i~as he-runto signetl und seale~l lhese presenls tl~e
c~ay an~ year first aboue u-riffen.
Stgned, sealed and delivered in fl~p presence o(: ~
,f /N SN f ~~5~ ~,~c
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STATE OE FLOR[DA. ~
COUh~rY oF ST. LiJCIE
I HEREBY CERTIFY that on this day. before ax~ an
ulficer duly authorited in the Stat~ aforesaid and in the County ~qr~y d~~(ak~ acknowkdgments, personally appeared
spa
MICHAEL J. STANTON, as Secretary of, Sun ~ JOHN P. STANTON and
PAUL D. STANTON
to mo known to be th~ prnon S described in and who executed the (oreRoin~ instrument and Wh0 acknowkdRed
Ixtore me that t he Y ~xccuted the same.
W17"NESS my hand and otticial seal in the County and Statc {ast aforesaid tbis 3rd day of
February A. D. 19 $1.
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'l71u I-utru»>cn~ p~rpnrrd by:
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NOTARY PUBLIC
My Commission Expires:
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