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HomeMy WebLinkAbout1361 ~ , an~t sliall ~~~rform, ~•omply u~it{i and ab~dR by earh nnd euery tho agreernenta, stipulations, conc~itio~s nr~ coi~~nants Ihereo/, and this mort9aye, t{~pn t~is mortc~ap~ and the estate hg.bby c~tpd, ahall ceoae, de- lPrmiri~ ~nd 6e null and e~oid. Iln~ lE~p mort,yagor 'ierohy ~urther covpnants and agrees to pay promptly wken due the prin~iPal nnc~ intc~r~st nn~ c~tfi~r sums oJ mar~ey proi~iaecl jor in said note and this mortgage, ow etfher; fo pay w~~ ana ~ sinc~ular !{~c~ Iaxes, ass~~ssmenls, ~e~~ies, ~iabilitie~, obligatiuns, and encumbrances oj every nature on aaid pro- perfy: fo p~rn~il, c~ommit or suJ(er no Us~S~P, impqirment or delerioration of satc~ jencj d~ the improvent~~ts 4 ~ flif•rnur~ at n~iy lime~; to ~PPP thP 6uildings nou~ or ~ere~a`IPr on ,raid land ~ulty insured in a sum o~ not lesa ` thn?~ ~nt,~-~igk?t h~dstid d~ollarr (=2,000.00) in n t•ompany or compani~s acreptable ta fhe mortgagee, the po~icy or policiea to be he~a bp, and payab~.e ~ to, sni~ moriqage>o, anc~ in f~e ~rPnt any sum o~ mortPy beromes ~,y~b[e 6y uirtue o~ suck insurnnce the ~ mortgarye~e shnll I~ar~ thP ri~lit to receic~P a++d apply fhP same to the indebtedness h.~~6y secured, aceotuiti~g ' to fhe mvrtga~tor jor any siirp~us; to puy al~ costs, cf~arges, and expenses, including jawyer's fees anc~ tit~e ~ sParc{t~s, re~asonahly ine•urr~~~ or paic~ ~y ff~e mortgngpe 6ecause of the fai~ure o~ fhe mortgagor to promptlp an~ ~u~~v c•omp~v ie~itf~ t{~c~ pc~r~>em~nts, strpulafions, con~itinns an~ corenants o~ saic~ nofe anc~ thia raiortgage. ~ or e.ither; to per~orm, ~•omply witl~ nnc~ n~ir~e ~y each and euery the agreements, stipu~ations, con~Iiftons anc~ coi~ennnls set fort~i in snid note and this mortgage o~ eif~er. ~n t{~e event t~e m~rtgagor (ai~ to pay w~ien due any tax, nssessmertt, insuronce prerrsium or at~er sum of money payah~e ~y virtue sait~ note antl thit mortgag~, ar either, tf~e mortgagep may pay the samP, without waiveng or a~~ecftng the option to ~orec~oae or any otF~cr ric~{~t F~~rPUn~~~r, nnd al~ such payments shall bear interest (ront date theeeof at the ~Ighest Iaw- ~ fu~ rate then nllotre~{ f~y th~ Iaws o~ the Stote of Ffori~la. Dl nny s~~m oJ mon~y {~er~in re(errPC~ to ~e not prompt~y ~aic~ within 3j, daya nexf a'!er f~u> snme E~c~com~s ~ue, or ij ench nncl pUPn ~IlP agreements, stipu~ations, ~onc~itions antl covenar.ts of sairj note and tfiis mort~ac~c~, or eithe~, are not ~ully per(ormed, complted with and abided by, tleen ihe entire - sum mentioned' in said no~e, anc~ lhis mortgage, or the eretire ba~,unce un~oaid thereon, slxalr jortlxwfth nr t]~er~n~ter. at th~ option oJ thP mortgag~p, berome ant~ be ~ue nnd paya6le, anything in sai~ note or {~eretn to t~e c~ontrnry ~iolu~i~~islanr~ing. r'ai~t~rP ~,y ftiP mortgagee to Fxercise any of t{se rights a~ optioru ~?erein proi~i~~~~r{ s~~nl~ reo! ~emstiti~t~ a u~ni~~~r c~ ar?y rip{~ts or options unc~er saic~ note or t~?is morlgoge aceruec~ or ~ tE~c~rrn~ti~r accruinr~. ~ Dn ~~Ln~s i~hereof~ t1~e snid mort~agor hns hPreunto signed and sealed theee presents !he I ~~ay nn~~ y~~ar (irsl ahot~c~ u~ritten. ~ I ~ ( Si,ryner~, s~a~~cl an~ rl~~ii~pre~ in t{to presence o~: i ~ ~ ._..~''I~ _ - . - . - - - . . - y..~ ~ ' I ~~~~~~~a~ ~ { . _ ~ , ; ; , ~ , _ . . . . - - - . . - . . ,~c........ . ~ Pe . Blaac} I - - . . ; _ . . . f - i' ; ~ ? , ~ STATE OF FLORIDA, ~ ~ CnL'XTY C)F LIICxE l ~ I FiEItEB1' CERTIFti' that on this day, before me, an ~ ~ officer dul}• authori~ed in the Statr aforesaid and in the County afor~~s.~id to takr~ acknowledgments, personally appeared , Donald F. BlaaJc ~nd Pe~r 3. blsal~, hie ~rite, ~ to me known to be the pcrson * described in and who cxecuted the forr~oinq instrument and {~~l acknowiedged ~ befor~ rne that ~la~ ~xecuted the same. ~ N'ITNESS my liand and official seal in thc Cour.ty and Statc last aforesaid this day of oOtrO~~P A. D. 19 65• . ~ . , = , . . ~ ~ , . , ; ~'I~Ed /?NI~ RECO~Q~Q . . . . ' • • . . . . . - • - ~OQK IfOT ...P,..- LIC, . S~a • of 1~'lo~cida at Lar~ ~ i P'~= r' ftir- J • • ' ~`'J _ ~ ' ' s ~ oo: o~ ' ~ f~~/eg . '65 OCT i ~ V~ ~ i l_~~3Ei1_E~ MC1'tAR'( F~~n, ^ r'~o~ u~ ~ w?r co~a~.~~~ . . . 1 R4GcFa 'r~t i RAS. CLE~K _ . : , . . ~ ~ ST. LUCIE GUUNTY. ..••'.°;;'~.V~' FLBR;tDA ~ , ~ . ~ ~ i - - a ~ = ' ~ - Y l . ; , ~ . ~ tY.. I : ~ _ p R . y-;': ~ , BOGK~ 1~ : ~y ~r ' ~ .i:, . 1