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HomeMy WebLinkAbout1051 1 and shol! pe{(o?m, ro~,ply wtrh ~ ab~d. br ~h ~d es~ery I~is agreen~nla, sllpu~atlons. condittoru and corenanta tl~ere% and oj thia mortgage, then lhis mwtgaee and tl~e eatat~ ko~rby created, shnl! c~ews, da ter~re~ne and 6e null and ~*Md. ~!!d ehe mo.egaAor h~by (urther cavenants and agroea 1o pny pr~ornptly wl?sn dw ll~a princtpal and intenesf and olher sums o~ money proutclecj ~or in said note aruj fhia mortgage. or either; fo pay au and ~ingu~ar ike iaxea. assessmenfs. ~uies. ~iabi~ittea, ob~igations. and encuntbroncet oj every nattu+t on :aid pro- perly: to pe?mit, commit w suj(er no waate. impairment or deteriorntion o~ aatd ~and or f1u improvemenb fkereon af uny time: to 4eep ihe 6ui~dings now or f~erra(ter on said land JuQy truurec~ in o sum oj not ~eu ~ha„ Nine Thouaand Dollara ($9, 000.002 in a eompa~y of compani~ arceptab~e to t~e mo?tgagee. the po~cy or po~fctes ta be held by. and paya6~e to. satcl mortgagee, anc~ in t~e event any sum o~ ~noney bscomea p~yable by virlue of auch insunereae Ihs mortgugee a~all ~aue the right to recetue and upply the same to the &edebtedneu l~ereby aecuiwd, aeeounttng to the mortgagor /or nny awplus: fo pay a~l c~osts. c~argea, and expenses. iric~tu~ing jatuyer i jees nnc~ titjs se~anches. ~o,~abty tn~wred or ~x,;d 6y tl,e moitgagee beoause o' the fatluro oj fke mortgagor to prompt~r . and fully rnr?~ply wil/? the agreements, ~tipu~ations. c~ondttiona and i~onenanb of ia~ note and t~is mortgage. w eit~er: to perform, comply with and a6~de 6y each and eosry f,he ngreements, stipulntions, c~w~dittona and covenanta set ~orth in satd note und t~is mortgage or eil~er. /n t1~e evsnt !~e rnorlgagor ~ni~s to pny when due any tux, assessment. ~nsurance premium or other aum o/ mon~ ~~bi~ 6y ~.e~ o~ snid note and fhis mortgage. or either. the morlgagee may pay the aame, wit~out uraiving or aJf~ei~ e1~ ~ito.~ eo `orecjase ~ or any other right hereunder, and aII such papmenb ahaU bear interest (rom dats t/~ereo/ at ths ktghest [aw- /uI mte 16en a[b~d by the [aws o j t6e State o/ Flwida. ~ f ~i any sum of money ~ierein re~emec~ to lie not prompt~y paid urtthin thirty cTayt next a~ter tl~e sume beromes due. or if enc~ and euery fhe agreemenfs, atipu~utions, conditiont and c+onenaetb o~ ~ ~ nole nnd ff~is morlgnge. or eil~er. are not fuujr pe~or~ne~/. c~omp~ u~ith and ab~at~d by, then the snttrs sunt menttoned ~n said nofe. and [his morfgnge, or fbe ~tire balanae unpaid the~on, sleau ~orthwith or fherea~ter, af f~ie opfion o~ ttie mortgagee. b~e ~d be due wsd ~a~ble. anpthtreg tn sald note or ~er+ein to the oonNary notu~ithst~nding. Fa~G..~ by ehe ~oTtg~e to exenise any oE the righta or options he~ein p~+nvided ahell not c~westilute a waiver of any tighb or options ww[e~ said note or thia mortgage ac~cruac~ or tberea/ter accn,Ing. , ~n ~~~1~ t6e aoid mortgaga~ has hereunto signed and sealed th~se pt+esents tl~e dny and year ~i t aboue wrilten. Signed, s and eliue in t~e p sence oj: ` - ~ , ' tiN~ ' " " ' ' " ' ' tY~' STATE OF FLORIDA, ~ covrr-r~r oF St. Lucie I HEREBY CERTIFY that on tbis day~ betore m~~ ~n officer duly authoriud in the State atoresaid and in t6e County aforaaid to take acl~nowkdgraents, persoaaUy a4p9ared xoy L. Bang and Gertrude L. Bang, his wife ~ ~ to me known to be the penon 8 described in and who executed t6e foregoina instrument and ~1@y acknowiedsed betore me thac ~eY execuced c6e aame. ~ WITNESS my hand and o(Gcial ~eal in t6e County and State last this ZZSt dar of ' September D. 19 67. ~ ~ ~ i, . t---- - ~ - il ~ 1 Ns~sr t~ St~1. sf H~ ~ tar~e f !ly Comtaission res: MX 4~wi~i~ b~w~ ti.14~69' ~ F~~O ANO RECORDEp~ ' ~ ~ ST~~U/~CI NTY~ f~ _ 't~~~1~71::tlr;~., 1•0~1i V n ' ~~A.•. :~~:b``~~41' . . F" EO 'I=. .,~A ~l SEP ZZ ~y 1 ~ ~ ~ , . ~ I : 0 ; = : ~ n _ 160~81 : Y: o a :y _ ~ocER ;~o,r~a ~'-4' ~ z~~..~~ . ~LERK CIRCUlT COURT Slc.~ - 0 R Q~K368 ~1048 _ . f . f~ ~~,~:r_ ~ ~ - - - , ,w - ~ - - - r ~