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HomeMy WebLinkAbout2940 and sha~~ per(o~m, comply with and abtde 6y ~h a.~d eve?y I~e aereemenfs, sfipu~atlons, conditions ond rnrenants Ihe~eof, and oj th~s morlga9e. ll~en tl~is mortgags and th~ sstate fisroby cnated, shaU esaaa, d~- le?mine and 6n .~ull and roi~I. ~~d fhe mwtga~w he~e•by (urtl~e? covenants and agrres to pay promptly wl?en dw tlae principal and Inte~est and of6er sums ol moiiey provic~ecl (or in snid nofe unc~ thts mortgage. or either; fo pay c~~ and singula~ fhe ta.res, auessmenls, ~evies, liab~lilies, ob~igations, and encumbriancea of evsry nofure on sai~ pro- perty; to permif, commit or su~~e~ no waste, lmpairrnent or detertomllon o~ sotd bnd or Itis improvementa i~e~ron af any timc?; fo ~eep the beeildinga now or l~erea~fe? on ~atd bnd /u~~y insunx~ in a suin o~ not ~eu el,an $5, 000. 00 Fire and B~etended Coverage in a compony or companies a~.peable b fhe morlgagee, the poltcy or policies ro be held 6y, and paya6le to, sai~ mort~age~, anc~ in I~e? ei~enl any sum oj money becomes ~~6i6 6y u~rtue oJ suc~ insurance f~s mortgapee shall haue ihe right to receive and apply Il~e same to the indebtedneu ~iere6y secured, aceounti~g fo f~e moKflagor ~or ony surplus; to pay a~~ costs, c~arges, and expe~sea. including ~wyer s~ees and tit~ sanrcties, reasona6ly incum~cl o~ paid 6y t?~e mortgagee because o~ [~ie jnilune o~ Ihe morfgagor to prompt~r ~ and (u~~y comply with Ihe agreemenls, stipuln(ions, rnncritions and covenanfs o/ said note wed this mortgaee. or eilher; fo pe~~o?m, comply wtth and abide by eacl~ and every tf~e agr~eerne~ts. sltpulaftont, oond'fions und co~~enanls set jort/~ in said note and this mortgage or eitl~er. ln 11~e enent the motigagor jaiis to pay w1~en due a~y tex, assessr?~enf, tnsurance premium or ot~er sum oJ money pnya6le 6y viHue of sata note anc~ t~is niortgage, or eit/~er, ftie morfgngee? may pay t~e sam^. u~il~out waiving or a~lecfing thc opfion to ~orec~ose or any otherright hereunder, and alI suck paymen[s shnll bear inle?est jro~n dale tltereof at fhe ~+igl~est lnw- Ju! rate tl~en allou~ecl 6y t1~e laws oj tf~e State o/ Florida ~ J` any sum o~ money I~erein re~errec! fo 6e not promplly paid wifhin -30- claqs next alt~r tl~e same 6ecomes due, or iJ eacl~ and euery the ngreemenls, stipulations, conditions and c~ovenants oj said j note and ti~is murt~age, or eilher, are not jully perjormed, complied witl~ and a6tdgd by, ihen tl~e entire ~ sum mentioned in said note, and this mortgage, or t1~e entire 6ulance unpntd ther+eon, sha[I jorthwith or therea/le~, at the option oJ t{~e mortgngee, bernme and 6e due and pnyable, nnything in satd note or herein to the rnnirary notwit~islancling. Fuilure by tf~e mortgagee to exercise any of !he rig~ts or optfons hereen provi~ed si~all nof conslitule a wairer o~ any rights or opfions under said note or this r?lortgage nocrued or i~erea(te~ accruing. ~ ~n ~itness ~hereof i ~ 11~e said mortgagor has hereunfo si9nerl and sealed these pnesents the ~ay an~ year Jirsf ahove ~rriflen. $ig , sea~t~ an ~i r in I~c? p sence of : _ _ _ _ . . - ~ . _ _ .______....._.____...._._..__.____.._a~ ~ _________________________________________________________________________________________a~ ~ ? . STATE OF FIARIDA, ~ GOUNTY OF St. Lucie I HEREBY CERTIFY that on t6is dar. betore me, an ~ of!icer duly authorized in the SWt~ afomaid and in the County aEoresaid -to tak~ acknowiedgments, personally appearcd f Ralph E. Hearn a~d Ruth E. Hearn, his wife to me known to b~ the perso~ described in and who executed the torrgoing instrument and they a~k~ow{ed~ed i~ be(ore me that t]~y executed the same. ~ WITDIESS my hand and o(ficia! seal in t6e County and State last a(oresaid thu 12th day of ! December ~ n. ~9 66. I~ ~ ~ ~ - - t«~~.,; Notary blic, St of lorida at pNp REC~RDED ,',~ir• ~Or~''~• F~ ~~i~ Gp~i,~T~ F1.A' Large y commissio ires: : ;tt.., ........A~, gT. 8 i/~~i1f1~D v~• •;S ~EBAR 4-14-67. . • -v't~ ~~~Y ' ~ . _ : : > ~ ~ ~a Q~ ~2 : 58 . ` _ ~ `~f : =1;6 ~L~' L~ ~ ~ ~ ~~-::?~!~L~G..= 151343 , _ C,." hpr,~P. t 0~7R~S ; V,•~~`' CLERK GIRCUI? COUR~ ,...t~ f.., i~ ~ l~ gooK 162 ~~E 537 ii - - - - - - ~ r s~~ - _ ~ _ - ',~9 ~ ~ ~ r~ ~ , ~ ~ ~ , - ;