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HomeMy WebLinkAbout0882 and shall perjorm, comply u•Ilh and abtde 6y each and eve?y the nAreemsnts, slJpulailons. co~clilia~t and c~ovenants thereoj, and oj th~s mortgage, Il~en tl~is mo?fgage and ths esla~e hpre6y creuted, shall ceass. ds- termine and 6s null and void. ~ the mottgagor hee+e6y jurll~er eovenanb and ngrees to pny promplly when due Ihe pri?utpal and inferest an~ of~ier swns oj muney p?oaided /or in snid note and t~is mo~tpage. or oither; to pay a~~ ana stngu~~r f~e taxes. asseum~nls, ~euies, liabil:fies, o6~igafIons. artd encumbrances o/ every nature on said pro- ~ perfy; to permtt. eommif or su~fer no waste, impai?menf or deteriorafion o~ said ~anc~ or f~e improvemenfs thereon at any time: fo keep Il~e 6uildings now or he~eaf ter on said land jully insured In a sum oj not less than ftiill itlsur'able value in a eompany or companies ac~cepfa6le to 1{~e morl~agee, !{~e pollcy or po~icies fo be ~e~ by. ~d ~~bl~ fo, sai~ mo?tgagc?e, nnc~ in t~e euen! ar.y sum oJ money ~ecomes ~yahl~ by virtue of such insurance the mortgagee sF~all have tl~e ~igl~t lo rna!ine anc, apply the same to tl~e inde6fedness heK6y secured. ac~eoualing fo tl~e mortgagor (o~ a?iy swplus: to pay all costs, cha~es, and expensea, including lawyer's ~ees and title SeQMhPS, reasonably incurred o~ pnid by the mart~agpe because o~ the /ail~ue o~ the ~nortgago? lo promptly and juUy comply wil~ Itie agreemenls, slipu~ations, eonditions and covenants oj said note and Ihis norlgage. or either: to perjorm, eomply wilk and a6ide by each and euery the agreements, slipulations, eonditions and oovenants sei forf~ in said note nnc~ fhis mortgage or eilher. ~n Ihe event fhe mnrtgagor Jai~s ~o pay when ~ue any lax, assessment, iruurance premium o~ ofher sum of mnney paya6le 6y virt~e oj satd note nnd lhis mortgage, or eit{~er, t~e mortgages may pay the same, withouf waivin~/ o~ af jecting !he option to ~orer~osc o~ any othe~ rigl~t hereunder, and aII sucl~ payments s6aII 6ear interest from date the~rof at tl~e 6ig6est lau?- f uI rafe 11~en allowed by tl~e laws of the State o~ Florida. any sum o~ money herein reJerre~I to 6e not promplly paicl within -~30-"~~~~ c~uys next a~te~ the same bccomes due, or i/ eacl~ an~I enery fl~e agreemenls, slipulations, conditio?~s and c~o~enants oj said note and this mort~age. or eifl~er, nr~ not jully per~ormed. complied with and a6ided 6y, then t~e enti?e sum mentioned in said note, and tl~is mo?Iqage, or fl~e entire 6alance unpaid t1?e?+eon, s6all ~ort/uoit/~ or therea~ter, at Ihe option oj t6e mwtgn~ee. 6ec~ome and 6e due and paya6le, anylhing in snid note or herein ~ fo 1?~e contmry notwithstanding. Failure by the mortgagee to exercise any oj !he rig6ts or oplions herein provided s/~a~~ nol conslilute a wainer o~ any righfs or opfions unc~er saicj ??ofe or this mortgags ac~,~rued or ~ t~~ereafter accruing. ~ . _ _ . ~ ~ _ . < = , ~ ~ ~ ; ]!f ett F i. j'a ~~U1~~.7 ~~~L I~e mortgagor ~as cnusec~ t~ose presenls to . ; " • ''.•r(~bl~'ORATF_ ~ j ~t ' ~EA[.) be executed in its name. anc~ its rorpomte sen~ to be 1~ereunto n(~Eared, by its proper o~(icers I~iereunfo duly aufl~orized, the dny nnd year li?st a6oue wriiten. • ATTEST: ~-~-Cr..i~~t_~.,---~------- FLORID?AN_ B[Jl?~FRS _ OF_ YLRO. BEACH,._ IIaC. _ , ~ Alice M~e Coursey, as ~ • ~ Signed, s~ted and del~ ered in Ibe sence o/: e ' ~ ~Y--- - - _ . . - - s E. Coursey, as P - e : FIARmA ; ST. LUCIE ; t fiF.KF.eY cFrrrn-~• ~ aa.. ~ ~~ior? duty ou~ra.::,.d ~ ~t~ a.~a c«~, ~/~~d a ~ a~~~ ~ Orvis E. Coursey~ and Alice Mae Coursey n~~ 4nw~~n to mr Io be tl~e Pnsidrnl and Seeretary o~' 16e c'a~po?alion nanrd as ~ morigago. in Il~e Ju.egoing instnu.rnl. o,d ~?n1 ~Ivr srt~r.dly acban~eclg.d .iecwb~y t6~ somr. :n ~/r p...s.nor u( eao su6s~.:6:ag ~;~n.ue:. ~re~e~y and [w~unlari~p ~~d~. ~M.;~r d~Jr !~eslet~ in I~em 6y wid ewporofion ond Itiol ttie tta~ a~~irtd 1~wnlo is Itie Irue cdpwafr sro~ o~ ~ sai~ ca~porotian_ : Wf17~'ESS ,~r 1.~.~? a.d dl~1 xd ~ dK Cp..,rr ~d S~. la~ ala.,r~d ~s 2 7th . dar ol ?iovember . ; n. n. ~9 67. FILED AND RECOROED'.. ~ ST. LUCIE COUNTY. FLA. ~ RECORD VERIFIE 3` ,i - - - _ . ~ ~ _ _ ~67 , tary Public : = ' . _ NOti? PN 3 ' SS ~y Comnission expires: f~~d3 ae ~ ae ' " ~ ~ ~ ~ ~ " ~V~GrVS1 My Co Put~ic. State ot A~ ~ 0 ~ - - rymmission ExQires g. 23. 1 f ~ - - . ~ ' - ~ = g~ded py Transamerica Insura c ~ v : , . RO~Er~ i'OI7RAS ~ ; CLERK CIRCUIT COURT ~ 800lI ~ O 1 V _ : ~ - -