HomeMy WebLinkAbout0807 n?tc~ shnl~ ~~c r~orm, con~p~y wil~~ a~ul nbida E~y enc~~ a~u~ ei~ery the npreFn~ents, stipulatiu?is. conc~itions und
coi~~nnnts tli~r~o(, ancl of tfiis rnort~nqe, llten t{tiis morl{~nqe an~ 11te estate hereby creafec~, s~al~ cease, de-
termir~n anc~ ~~e nu~t ant~ t~oicl.
~ ~nd t~~~ morlc~ac~or Iiere~~y Jurt~ier covenanls anc~ a~rees to pay promt~t~y when c~ue the principa~ anc~
int~rrst an~l af~ier sunis o~ ntori~y prot~it~ecl Jor iri snir~ nofe anc~ this niort~afle, or either; to pay aIl anc{
sin~ulnr 1he tn.res, assessmenls, lei~i~s, lin6ilities, obli~ntions, ~nc~ encumE~rnnces a/ every nature on snid pro-
perty: fo p~rmil, commit or suJfer no wnste, impnirment or c~eterioration o~ saic~ ~artt~ or the improvements
fher~~ort at cu~y tim~; to R~ep tl~e I~ui~dings notv or {~er~af t~r on saic~ ~aric~ )u~~y insured in a sum o~ rtot less
tl~nn ~1085.?_2
irt a ~ompariy or compani~s ncceptn~~~e to i~ie morlc7a~ee, t'ie po~icy or po~icies to f>e helcl 6y, ancl paya6le
to, snicl mart~age~, ancl in 1~?e e~~ent any sum of money f,ecomes paynble 6y virlue o~ such insurance the
mortgnt~ee s{~a~~ {int~e the ric~l~t !o receive nnd npp~y l~ie same to l{?e indebtedness hereby securecl, accounting
to t~ie rnortc~ac~or tor nny surp~us; fo pay nl~ cosis, chnr~es, nnc~ expenses, inc~tidinfl ~awyer's lees n?id tit~e
searc~ies, rensonn~Iy inct~rret~ or puic~ ~y tjie mortfln~ee 6ecceuse o~ t{~e jai~tire oJ the morl~apor !o prompt~y
nncl ~ul~y comp~y ~nil~i tl~e ac~reemerlls, stipujnlioris, conc~itiorts nnc~ covenants o~ saicl note a?id t{~is morfflage,
or eit~ier; lo E~erjorm, comply initfi anc~ a~ic~e ~y eneh nnt~ every t{?e agreem~nts, slipt.~ations, conc~itions nnc~
cot~en~nts set Joriji i~i snic{ nole a?icl this mortgnc~e or either. ~n !{ie event the mortflagor Jai~s !o pay when
c~ue any Inx, assessment, i?isurance premium or otlier sum of money paya6je ~y i~irtue o~ snicl note anc{ this
mort~n~e, or eit{~er, t{~e mortgagee mny pny t{ie same, tuilhout u~niving or a~~ecting tEie option to ~orec~ose
or any ot~ier rigl~t Iiereuncler, ancr al~ sucEi paymc~nfs s{inl~ bc~nr interest from c~ate thereof at t~e hiflhest ~ntu-
iu~ rnte t~inn a~~owecj 1'ie ~nius af !{~e Stnte oj t'~oricln.
~L nriy s~un o~ mo?iey herein r~~errec~ to ~~e not prompt~y pnic~ within thirty c~ays next a~ter
t~ie same ~erom~s c~ue, or iJ each an~~ ei~ery t{~e ac~reemerils, slipti~ations, co?ic~itions anc~ couenants of saic~
note nnd t{iis morlc~nfle, or eilher, are not JuIIy per(orntet~, complied with and ab~ded by, then the entire
sum mentioned in said nole, and this mortflnfle, or th e entire balnnce unpnid lhereon, shal~ ~orthwith or
t~ereafter, at f{~e option of the rrio:t~ac~ee, hecome an~ I~e c~ue ant~ payab~e, anything in saic~ note or herein
to the contrnty notwitl~stnnclinc~. Failure hy the mortgn~ee to exercise nny of the riflhis or options herein
prot~ic~e~ s~ia~~ not constih~te n wnie~er of any rights or oplions urttler snic~ note or this mortgape accrued or
thereajt~r nccruiii~.
~n ~itness ~1~ere~l~ tlie said mor?gngor fias hereunto signec~ and sea~ec{ these presents the
c~ny anc~ yenr ~irst aE~ove ~uritte?i.
Si~}r~c~, sea~ec~ ar?cl c~e~i~~erec~ in t{ie presence oJ:
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s STATE OF FLORIDA, !
COUNTY OF ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, an ~
~ officer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared
Haywood 'rl. Biggles an~ 2~e11 C. Biggles, his wife
~ to me known to be the person g described in and who eaecuted the foregoing instrument a~d they acknow(edged {
before me that the}r executed the same. 7 ~
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~ ~YIT~ESS my hand and official seal in the County and Statc last aforesaid this / 7" ~ day o! ~
( January A. D. 19 6E' ~
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