HomeMy WebLinkAbout0010 and sha~I pivJorm, comply wiih and abide by earh nn~! et~ery tl~~ ngreemenis, stipulntions, condilions and
,_.,...r~ ~1,,...,~1, nnc~ o) this mori~aqe. t~«?~ tliis mortga~~e and tf~e estale Iiera~y createcl, s~?a~~ cease, cle-
tcrmin~ anc~ nu~~ nncl i~oi.~.
~n~ tE~e morl{~agor ~iere~ry jurll~rr t'overtarits n?u~ a~rees to pay promptly taf~en c~tte Ihe prlnciRa~ ant~
int~rc~st nr:c~ ot'icr siims of money provi~lec~ ~or in saicj ?iole an~ t~iis mortgn~e, or eifher, to pny a~~ and
sin~u~ar t~~e tax~s, assessments, ~~~vies, ~ia~~i~ifies, o~~~if~ntivns, anc! ~ncumbrances oJ every iiaiure on snic~ pro-
perly; !o permit, conemit or su(~er no wnste, impnirment or c~elerioration o~ sni~I land or the improvements
f~ie~reon af any time~; to ~~ep t{i~ tiui~c{in~~ no~v or'ier~aJfer on snic{ ~ancl ~u~~y insurec~ i?i a sum o` not ~ess
t~""' TWENTY ON~ THO~JSAND & 00/10Q DOLj,~$ S
in a rompany or c•ompanies cthceptnt,~~ lo tlie. mart~u~ee, tf~e policy or policies to be held by, arid pnya6lv j
to, snicl morl~nc~ee, nn~l in (~~n event any sum o~ money Uecomes pnya6lv by virlue oj such insurance t~e >
mort~aye~~ shnll lia~~e tl~e ri~~l~t to recYive arid apply lFie snme Io the inde6tedness here6y secured, accounting
fo 1{ie ntorlt~n~~or Jor any surp~us; to pay a~l cosls, chnr~~s, nnc~ expenses, inc.ludinfl ~awyer~s ~ees anc~ fit~e
searches, reasonably lllCllTi'P~ or pnic~ f~y tha mortfln~ee ~ecnuse o~ the ~ailure ol t~~e mortgagor to prompt~y ~
ancj f u~~y comply witEi f~ie a~reements, stipu~ations, conc~itions nncl eovenants o~ saic~ note anc~ fhis mortgage,
or cither, to perjorm, comp~y willi nnd abic~r. 6y eac{? and every the a~reements, stipulations, conditions nnd ~
covenanls sc~t (orl{~ in s~ic~ note nnc~ tE~is mortpnfle or either. ~n f~ie event the mortpaflor fnils to pay when
due any ta.r, nssessment, insurance premium or otlier sum o~ money paya6le by virtue o~ snid note anc~ this
morlpn~e, or eit~ier, t~~e morlynr~ee m~y pay f~~e snme, without ~univinp or njfeclinp !he option to jorec~ose
or any otl~er ric~{~t Iiereuncler, ancl a~~ such payments slinjl bear interest (rom clnte t{iereof at the highest Iaw-
(ul rate th~n nllowecl I~y th~ ~aws o~ flie Slate of F~oritla.
nny s~un o~ mon~y ~~ereiri re~errec~ to ~e not prontptly pait~ tuit~iin thirty ~aYs next a~ler
1{?e snme ~ecomes c~ue, or ij eac{~ an~j every tE~e agr~emenis, stipu~nlions, conc~itions ant~ covenants o~ saic~
note anc~ ihis mortflafle, or either, are noR ~ul~y performeri, complied with a~id abided 6y, then tlte entire
sum mentioned i~i snid riote, and this mortflnge, or the entire balance iinpaicl thereon, shall forthwit~ or
thereafter, nt the opiion o( the mortc~a~ee, become nnd 6e due and payable, nny~h~n~ in said note or herein
" fo the confrnry notwitE~slanclinfl. Failure 6y the ntort~nc~ee fo exercise any oj fhe righfs or optioru herein
proi~iclec~ s~in~~ ?iot corislitute n~vaiver of ariy ric~{~ts or options tinder saic~ nofe or this ntortflage necruet~ or
t{ierea~l~r accruinfl. ~
~n ~litness ~hereof. the said morlnnc~or hns hereunto si~ned and sealed thesQ presents the
c~ny anc year ~irst ahove written.
Si~rie . sen~ed nnd d lit ecl in tF~y preserice o~: ~ ~
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STATE OF FLORIDA,
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COUNTY OF ~ `
S'1'. LUCIE I HEREIIY CERTIFY that on this day, before mr, an
~ of(icer duly authorized in the State aforesaid and in the County aforesaid to takc acknowledgments; pcrsonally appeared
~ Marion J. Tedder and Ione Tedder, his wife ~
r to me known ro be the person g described in and who executed the [oregoing instrument and they acknowledged :
before me that tY12~xecuted the same.
,
WITNESS rny hand and official seal in thc County and Statc last aforesaid this 21,~.th day of
~•~••'~~•.,~january A. D. 19 66
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ST. LU~IE COUtr'TY, - =':`i••. _J~ ~
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