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HomeMy WebLinkAbout0394 I a~d shall per~or~re, romply w1t/~ and a6ide by eoc6 and every ths agree~nanta, stipu~nttons, condition~ and coe~erianfs f{~ercw/, and oj t6ts mortgage, then tl~is mortgage and tRs e:tufs h.~e6y c.~~~d, s1~a1I ceaas, de- {c~rmine an~I be null a~~ void. ~ tl~e mort9a9or I~ewby jurther coue~anb and ugrees to pny promptly when due the prtncipul and interest and ot~er suma ol money providec~ ~or in aaid note and ltiis mortgags, or Ntf~er to pay s~~ aru~ singu~ar fhe taxes, asses~ments, ~eniea, 11a61Gties. ob~Igntiont, nnd encumbr+ancea of euery nnturo on satd pro- perty: to permii, commit or au~~e~ ~o waste, impainnenf or defeNoration oj sa~d bnd or t~e improvemenb ther~,wn at any lime; fo ke~ep !he 6utldings now or f~ereajter on aaid land (u11y r?~u~d tn n sum of not leu tl~an t~l~l inaurable value - in a company o~ companies acceplable to t/~e mortgagee. fhe po~icy or po~iciea to 6e Iee~ by, a„d ~,oyable to, said mortgagee, nnd in ~he event any sum oJ money b~comea ~yabl~ 6y virtue o/ aucl? i~tsurance tl~e mortgaflee shall have the rigl~t to recei~,e and apply the same to il~e indebtedness here6y secured. accounting . to the morlga~or ~or ony surp~us; to pay al~ eosts. charges, and expenses. incluc~ing ~uwyers (ees and tif~e ~ searrhes, reason461y incumed or paid 6y the nwrtgagee 6ecause o` the /ailure of t~e mortgago~ to prompt~y ~ and f ully comply wit1~ tF~e ngreements, stipulattona, condiflons nnd eovenants o/ said note nnd t6ia morlgage, or eilher: to per~orm, comply with and abtde 6y each and eaery the agreements, stipulnffons, conditions and covennnfs sef fort~ in said note and this mo?tgage or eitl~er. In tl~e event t~e mortgago~ (aijs to pay when due ony tax, wsessment. insurance premium or otl~e~ aum oj money payab[e by virtue of said note and this mortgage, o~ eit~ier, t~e mortgagee may pny t~ie snme, wilhout waiving or a~~ecting the option to (oreclose o~ any other ~igl~t I~ereunder, and a~l such paymenis shaU bear inter+est /rom date theneo/ at ~fe¢ leigleest law- (ul rate then aUowed by t6e Iaws o/ the State o/ Fio~da. li _ nny sum o/ money herein ~+e(errecl to be not pnnmptly paicl with~n 2~ daya next 4jter ( t~ie same becomes due, or i( each and euery t~ie agreemenla, stipu~ations, c~ondif~ons and cnveriants of aaic~ ` note ancl tl~is morlgage, or eifher, ure not fu~ly perlorntecl, c~ump~rec~ with and abtd~d by, t/~en the enttre sum mentioned in said noee, and this mortgage, or tl~e entine balance unpaid ther+eon, ahaU /orihwith or tl~ere~~ter, at tlee-aption o/ tlee mortgngee, become and 6e due and payn6le, anything in satd note or 6erein fo the rnntnory notwitlutanding. Failure ~y t6e ~nortgages to exer+cise uny o~ the rights or opttons heretn pro~ic~erl s~a~~ not constifute a waiver of nny rig~tts or options u?ide~ aaId note or t~iis mortgage aecrued or thereajler acc~uin9. , ~n ~~u`~ ~1K`L~~~ !~e saic~ mortgagor has ~eneunto signed and sea~ f~ese presents fhe day and year jirst a6oue wriften. _ ~ Signed, sealed and deliuered in the presence oJ: ; . . ~ ` Zl! /~a~ ~ : • ~ - - ~Ie s ~~TT: ~ , _ -A-- -~n . . - ~ - ; ' t ~ STATE OF FLORIDA~ - ~ . courrrv oF ST. LUCIE - ~ I HEREBY CERTIFY t6at on t6is day, beforc me, an F otficer duly authoriud in the State aforesaid and in the County aforeaaid to ta1u~ acknowkdgments, personally appeared ~ CHARLES W. MANN and MARY A. MANN, his xife, to me known to he the person$ described in and who ~ecuted t6e foregoing instrument ~athey acknowkdged before me that t.~31 executed t6e same. WITNESS my hand and o[~cial seal in the County and Sute last a(oraaid this day oE J111j/ A. D. 19 67. s- . ' ~ ~~t~~ ' , otary Public ~ NOTARY PUBLIC. StATE oi FLORiDA a[ LkPGE FILE~ AND R MY CDMMISSION EXPIRFS NOV. 8, 1958 E~pRp~B OONDED TMROYON iRED W. DIESTflMORST ! ST. ~.UCIE COUNTY. Ft.p, _ ~ RECORO VERIFIEO p ~ i 1 E i ~ ~r ~u~ i ~ ~ ; _ Z 15'~' 9 ' S 0 - = ~ ' ~ _ ~ ^ ~0 p CIERK E~ ~'OITRb _ - ' : ~ - CIRCUIT COURT ' `v ~ ~ R ~.s~ 392 ~ .~::T _ ~~f~~~~~~~ ~ -