HomeMy WebLinkAbout0955 anc~ ahn~~ pe?Jorm, comp~y wilh anc~ a61c~a 6y each nnd e~~ery the agreements, sfipu~otioni, oonc~ttlons and
conenants the~eoj, and oJ this mortAa~e, t1~en lhis ?nortga7e and the eatate her.6y cronted, shaU cease, d~-
termine anc~ be nu« and voic{.
~ILY t~e mo~fguflor tionrby (urt~er couenanh and agrees to puy prom~ly when dw th~ ~tncipal artd
tnferesl anc~ other s~ims o~ money provic~ed (o~ in aatd note und t~i~ mortgage, or either; fo pay al~ nnd
singu~ar f~e laxPS, nssessments, ~evies, ~faht~ilips, ob~tgaftons, and encumbr+ances of every nalun on satd pro-
perly; to permit, rnmmit or su(fer no wmte, impai~menl or deleriornfton o~ iaid land or f~e improvemenb
t1~Precn at any time: to keep the builclings now or herpafter on ~oid land jully iruured tn a sum oJ not lesi
thQR highest insurable value.
in a company or companies arcepta6le to tl~e mo~tgagee, lF~e poltcy o~ polictes to be held 6y, w~d poya6l~
!o, sai~ rno~pagee, nnc~ in [~e euent any sum o~ money 'oecomes payavfe ~iq uirtue o~ aw:~i i?uuiuwlce E~s
mortgagee ~?~all have tF~e rig{~t to receive nnd apply !he same to the inde6tedne~i here6y secured, accounting
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to fhe morfga{~or jor uny surpli~.s: fo pay ntl costs, charges, and expensea, ~nciuning awyer~s )eea and iuw
searc{?es, reasonnb~y incur?ec~ or paid by t~e mortgagee because oJ t~e ~ai~ure oj tke r?tortgugor lo promptly
and ~u~~y corriply u~It~ the agreements, stipu~alioru, condilions nnc~ covenanb of said note and f{~is morlgage.
or eiltier: to per~orm, comply with nnd a6ide by ench and every !{~e agreements, stipu~attoru, conditioni and
\ covenants set ~orf~ in said note nnd l~is mortgage o~ either. ln the euent t~e mortgagor (ntb to pay wh~n
due any tax, assessment, insurance premium or o!{~er sum of maney paYnb~e by utrtue o{ anicl note and t~b ~
mortgage, or either, t~e mortgagee may pay !~e same, cutthouf waiving or n~fecting tke option to ~orac~ote
or any olher right {?ereunder, and all such payments ahnll bear Interest jrom date tl~ereo/ at the hig~sat law-
(ul ra~e Ihen nllowed 6y the Iau~s o/ the State oj F[oryda.
~l any sum oj money herein re(erred to be not promplly pniol witl?in thirty da~'~ °E~~
thp snme becomes due, or if each and ei~ery tl~e agreements, atipu[ations, conditions and rnvenanb o~ said
nota and this mortgage. or either, nre not jully per/ormed, cornplied with and a6tded 6y, then tke entire
~um mentioned in said noie, nnd this mortgage, oa !h e entiro ba~anc~e unpaid the?eon, sF~aU ~orthwtth or
tl~erenjter, at the option o/ the mortgagee, 6ecome and 6e dua nnd payable, anrthing ~n said note or herein
to the contrary notwithstanding. Failure by ~I?g mortgagee to exe?~cise any of ttie rig~ts or optioru ~erein
provided s{~a~~ not constifufe a waiver oJ nny rigl~ts or options under aaid note or this mortgage accrued or
t~erea(ter accruing.
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~n ~~~0l~ tne said mortgagor hns hereunto signed and sealed !{?ese presents f1?e
c~ay an~ year ~irst above writlen.
Signed, sealed and deli~~pred n f??e presence o~:
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, ~ ..GE~Rj~'~HtLLIP R ~E~ ,
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~ STATE OF FLORIDA,
COUtiTY (~F St. Lucie ~ ~
~ I HEREBY CER'TIFY that on thu day, before me, a
otficer duly authorized in the State aforcsaid and in the County a(oresaid to tak~ acknowledgments, personall~ appeared
George Phillips Rowe • ~
to me known to be the perwn describ~d in and who ezccuted the for~goinq instrument and ~1h6 ~;cknowled~ed,
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Ixfore me that he ~xecuted the same. -
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WI1'NESS my hand and official seal in the County and Satc last a(oresaid this 'Z~t~T, ~ day of
DEC . A. D. l98 rJ i:..' _
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~ NQTARY PUBLIC
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~ My commission expi 'res : ~~pY ~~iC Sr~rE a«cam~
~ MY CO~MISSI011 EXD, ~PR 10,198'i
EOMGEO THRU GENE+~J11 INS. !iR7.
`fl5 ~C 23 A 9 ~34
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