HomeMy WebLinkAbout0787 and shall ~rform, c-omply with and abids 6y eacl~ and ea~ery ftie agreemenfs. slipu~attons, ctinditto~s ated
coi~enanls ~I~e~POj, a?~d oJ this mortna~e, then Ihi: morlqape and Il~e e:tats hereby c?aated, al~all ceas~, d~-
le?mine nutl bp null an~ vol~.
~ 1~~~ morfga~or hp?crby jurther rnvenanls and aArees to pay promptly when due Il~s prtnc~pol and
inferest and ol~~e~ sums of money provi~ecr ~or tn s~i~ note and Itiis mortgngs, or etther; fo poy a~~ nnd
I st~gu~a? tl~e t~xes, assessmenls, IPV~PS, ~tatii~ilies, o6ligafions, and encumbmnc~es oj ene~r naluro on said pro-
~ pe?ly: lo permtl. rnmmit or suf~er no wasle. Impairmeul w deterioraiio~ o~ said ~nnd or Ihe improvemenb
IhPr+PCn a1 a~~y Iim~: to k~n ihp huildin~s now or herra~trr on said land (ully insi~l tn u sunt ol not Isss
~ ~haR $3, 700. 00.
~I in a company o~ c-ompanies acce~~lable to Ihe mo?igape~, Ii~e policy o~ poltcies eo 6e hRld 6r, w~d ~ya61e
i fo, SAld IIIOrI~Q~PP, anc~ in I~e event any sum o~ mo?iey bec~omes ~ya61e 6y vi~lua o~ such insurance fhe
! morlgappe ShOI~ ~OI~P the righf to rPCetve and apply Ihe same fo the inde6tedness I~ereby secured, accounting
1{ lo ftie morfga~o~ for a~y surplus; lo pay a~~ costs, c~a?ges, and expenses. tncludtng ~awyeri fees and tit~e
search~s. ?Pasonn~i~y incurrec~ or pai~ 6y Itie mo~fgaqee because o~ f~e ~ai~ure o~ i~e m~9agor to promptly
~ ane, jullp comply u~it~~ II~e ap?ec~menls, sfipu~altons, cone~ilions nnd eovenanfs of saic~ note aner thts mortgage.
' i~ or eilher: io pe~orm, rnmply u~if1~ and a6ide 6y each and e~ery ihe ngr+e~?me~fs, sfipu~ationa, eondittons ar?d
~I conrnanls sef jorfti in saic~ note and f~is mortgage or eifhe~. ~n t~e event ttie morfgagor ~ai~t to poy when
1 due any tar, assessm~nt, insurance premiurn or ofher sum of money pnyable br utrtue oj satd nofe and lhts
mortgage. or pif~~er. Itie morl~agee may nay ~ha same, wifhouf wntvtng or aJjecfing t~e oplion to jorecjoae
! or nny olher rigti! I~erpunder, and all such paymenls shall 6ear interest /rom date thereo( at ihe ktghe:t l~W-
~ul mfe Ihen allou~ed by fF~e lau~s oJ the Statp o( Florida.
~l any sum o~ mun~y f~erein ?e~errec~ to be not prompf~y pnicj u~ifhin -1 rj- days nexi u~ler
~ Ilu• samp becomes due, or iJ each and every Il~e agreements, siipulafions. conditions a~d oovennnts of said
~ note an~~this mortgage, or eilher, are nof ju~~y perfo?mec~. comp~ied wit~ and a6ided 6y. l~en fhs entire ~
i
sum mentione~ in saicl nole, anc~ f~is mortgage, or the entire ba~ance unpaid t~ereo~. shall jorlhwttl~ or
tl~ereaJter, at th~ option oj the mortgaflee, beoome untl 6e t~ue and pnyu6le, anyt6ing in said note or herein
to t~ee contr~ary notu~il{~stancling. Failure by tl~e mortgagee to exercise any o~ f~e rtg~ls or options herein
proi~ided stia~~ noi consfitufe a u~ainnr of any rigf~fs or oplions under said note or t~is mortgage nccnied or
IhereajlP~ ACCriI[Ilg. .
~n ~~~1~ the said mo?tpapor f~as hereunto signed and seuled these presents the
c~ay anc~ year jirst ahone ~vriffen.
Si d, seale~ and i~rr~cr in fhe presencp o~:
~ .7 - O
• Oscar Flo d teen ~
- - - y---...-------~---------------....-------------------------
B bar Ann
O~
- - • - -
,
STATE OF FLORIDA, ~ _
COUNCY OF ~naCl~
I HEREBY CERTIFY that on this day~ bctore me. aa
o((icer duly authorized in the State a(oresaid and in lhe County aforcsaid to takr acknowkdaments~ penonally appearcd
Oscar Floyd Osteen end Barbara Ann Osteen
to me known to br the prnon g descn'bed in a~d who executed the foregoing instrument and they acknowkdaed
before me thatttl@y eaecuted t6e same. ~
WI1'NESS my hand and otticial seal in thc County and State last aforcsaid this da7 ~
R~St R+ A. D. l9 << ' % j .
,t~_ ~ ,
fll.ED AND RECORDED - - -
ST. LUCIE COUNTY. FLA?• My 'ss ion Expires : yg -/9 ~O
~-co~c ~1~~~ 152~33 ~
j~ +6T ,~~Fi 20 ~MM . . : ~ I
~,:.c rZ i•J•T~:,S ~ a.~`,~•'E'~•~. rI ~
COURT ~ .
CI.E~K CIRCUI~ _ _
~ ' ~ , . . . ~ - ~ :
I ~ ~ ~
I - f , ' G
~I • •
_ ~ i
0 R . . . . . ~
BooK164 P~E ,784
~
. _ . ~N -
~ T~