HomeMy WebLinkAbout0283 nn~! shall pf~rjorm, ~~~~mply u~it{~ and ahicl~ by each and c~~~c•ry tl~e ngrePmenis, stipulations, conditions and
coi~~nanls thPreuJ, und o) t{~is mort~a,ye~, the~n this ?norlgag:~ and the estate hereby createcl, s~?aIl cease, de-
f~rmin~ nnt~ hP rui~~ an~{ i~aic~. .
~ l~dlLL t{~e mortyaqor {ic•mE~y )t~rth~r covenants an~ aqrees to pay prompt~y when c~uQ the pwinripal a?td •
I int~~re~sf anc{ ofl~e~r sun~s oJ money provi~ec~ ~or in sai~l note an~ t{?is morfgaQe, or eit~er: to pay a~~ antj
tin~~ular th~~ taxc~s, nssc~ssm~~nts, Ie~~i~s, liabilities, obligations, and encumbrances oJ ei~ery nalure on said pro-
~ pPrty; tr~ p~~rmil, c•ommit or su~fer no u~ustE~, impairment or c~eterioration of saic~ ~anc{ or t~ie improvementa
th~~rt~o~~ ut «ny ttm~~; to kc~E~p th~r b~:ildinc~s nou~ or {~E~renJt~~r on said Innd /ully insuret~ in n sum of not leas
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in n rom~:a~i)' or companit~s qc•r<~ptn{rlc~ to t~~ mortga~aee, f{t~ po~icy or po~icies to he he~t~ ~y, and payable
to, snid mortc~np~c~, nnd in tlie Pl~P/lI any sum o( money 6ecomes payab~e by nirtue oj suc{~ in~urance the
mortgn,yee s{~all I~arE~ the right to recei~~e and aP~ly rf~P samP to t{?e indebtee~ness here6y securec~, accounting
to ih~ martgac~or Jor any surph~s: to pay nlI casts, charg~s, and expenses, includin~ lawyer's fBP9 und tit~e+
s~arc~ies, rc~asur~nE>~y inc~irtec{ or paic{ hy tjiP mortgac~pe hecause o~ the fni~ure o~ thP mortgagor to prompt~y
~ nnc~ jul~y comply u+iiE~ ijic• ngrc~~mc~nts, stipulafions, c•o?i~itions aric~ ~orenants o~ saic~ note a?tt~ this mortgage.
~ or eil~~er; b pr~r~orm, i-omply u~itFr nnc~ ahic~e E~y earEi anc~ enery the agreements, stipulalions, con~itions and I
~I cot~c~?~nnls sef `ort~i in snic~ note nnc~ this mort~age or eiiher. ~n t{~e event the moMgngor fai~s to pay when ~
~ c~?~e niiy tax, nsst~ssmt°nl, insurane•e F~remitim or of~~c~r sum oj moriey payah~e ~y virtue ~J saic{ note and this
mortgage, or ritjier, tfic~ morttdaq~e may pay tf~e same, wit{iout waiving or a~f ecting the option to ~orec~ose
or any otli~r ric~ht I~ere~un<I~r, antl a~I such paymcnts shall 1>ear interest ~rom clntP thereof at t~ie highest ~w-
(i~~ rat~~ tlu~r~ rl~~utue<i hy t1~e In~i~s o( tlih StatP oJ F~orida.
~L any si~rn of mone~y ~ie=reiri re~~rrec{ to Er~ not promptly paic~ within days next a~ter I
( Il~i~ snmc• hc~rom~~s dii~, or if ~~ac•li ar?d ~i~ery tl~e aqreemPiits, stiptilatiuns, concfitions antl couenants o~ said I
~ note nn~1 lhis ~rtorfqagt~. or ~itji~~r, are not ju~~y pc~r~ormet{, compliecl u~ith ancl abic~ec~ ~y, then thQ entire
sum mentionerl in said note•, und t{~is mortgage, or t1i~ entire 6alartce unpaicl thereon, shal~ ~orthwith or
tEiemn~t~r, al t~ic~ option oJ tE~e~ mortgac~c~e, ~recom~ an~~ ~~e c~ue and ~ayab[~, nnyt~ing in sai~ note or herein !
to t{ic~ ronfrary ?iofu~it~istnnc~ing. ~'ai~urf> f>y t{?e mortgac~ee to exer~ise. any of t~e rights or options herein i
prori~~rc~ sfin~~ nul ronsfitutP a tvni~~~r oJ any rig{~Is r>r options unt~Pr satc{ nofc~ ar tFiic mortgage accruerl ar ` i
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I iE~orv~rtlfor ncrrui+ir~. ~
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~I ~n ~itness ~~Q`Lo{~ (~IP S(1!(~ mortgnqor ~tC1S fIP!'PIUl~O SIQRP~ (III~ SPA~P~ tflF'S6 ~rPS@:I~S f~P (
;I clny nn~~ y~~ar (ir.t aho~~c~ u~ritton. j
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" Co[~N'1'~~ nE St. Lucie ` I~
- I FiF,RF.BY CERTIFti" that on this day, before rne, an
~ ~:o#icer•'c1i~l'~.,~uthori~ed in the Stat~~ afore~aid and in the Count}• afor~said to takr acknuwledements, personal(y appeared
~ "';.4~..' . ~alph bd. and Pauline Inboden
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;'to me• known to tnr pc r~on~ ciesrribed in aril ~+ho cxe•cutf•:1 thc iorc•Kuin~ insirun;ent and ttlE'~ arknowlydr~ed ;
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ii hi~forr ~n~ that thpy rxccutcd the satnc. ~
ii ~1'I1~\E5S tny h~nd ~r.d ofiicial scal in th~ Count~ ancl Stat last aforFSaid this 18th ~ay i
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