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HomeMy WebLinkAbout2123 and s1~n11 p~r~orm, comply u~itl~ and abide ~?y each a~i~j P1~Pl')' Ibe agrnentents, stipulatior~s, condilions a~d roi~enants Il~~~~of, and o~ tl~is morlcjage, 1{i~n this mort~a~e and Ihe PSIQIP here6y crealed, shall cease, de- I~ ~ /erminP antr I~p nte~l aiu~ ~~oit~. Iin~ fl~e morf~a~lor ~~eri~hy ~urlher rni~enanls aicl agrees to pay promplly whe?i due the principal and ir~tPrrst a~~d otl+~r si~ms oj monry provi~Iecl !o~ in said note and Ihis mortgage, or eilher; to pay pll and sin~ulnr th~ tax~s, uss~ssmPnts, levies, lia6iliiies, o6li~alions, and encum6rnnces oj every nature on said pro- ~ periy; !o permil, commil or suJJer no wasfe, impairment cr c~eteriorafion oJ caic~ ~anc~ or f{~e improvemenls j! ~~P/Y•UII (1~ q/ly ~Ifl1P; ~O RPPh ~~1P ~111~~111~5 IIOU~ 0I' ~1PII'QJ~PI' 0?1 Qql~ ~QIIA ~U~~y I/ISII~~ !fl Q Sllht 0/ nof Iess a il~an the full insurable value i~ in a~•ompany o~ compani~s (1CCPPI(l~IP to I~~e mortga{~ee, Ij~e poticy or policies to be held by, a~zd payable i j fo, sni~ morl{~ng~e, anc~ in t~e enenf any sum o( mon~y becomes payable ~V virtue of such i?esurance the mortga~ep sl~nll I~nue I~e ?iq~f fo receiv~ anc~ apply ~he samp to the ende6tc~dness ?,ere6y secured, aceounting lo tf~e morl~ac~o~ ~or any surpG~s; fo pay al~ cosfs, c~~arges, and expenses. inc~uding ~au~yer~s lees ancl tit~e search~s. reasoria6ly inct~rr~~ or paid by llie mortgap~e hecause o~ t~e fai~ure o~ Ihp morlgaflor to prompf~y n~.r ~ully ~omp~y u~ith Ili~ a~reemenls, stipu~ations, conclilions ancr conenanfs oJ sai~{ note an~ I~is morfgage, or eil~~pr: lo pvr~orm, comply iuith antl abi~e by eacf~ a?ic~ pvery ihe agreeme?its, sfipu~aiions, conc~ifions and covenanfs set ~orth in snic~ nofe an~ this morfgage or eit~er. /n the event the mortgago~ ~ni~s to pay w~ien ~f due any tax, assessmc~nl, insurance premium or other sum oj mo?eey payable 6y virlue oj said note and tl~is morfgn~e, or eil~~er, i'ie mortc~a~ee may pay 1{~e same, ivithouf waiuing or a~fecfing i~e option to (orec~ose or an ol~ier ri~I~i I~ere~uuler, an~ a~~ suc~ Y pnyments sl~nit bear interest /rom ~nte thereo( at the l~ighest law- ~u~ rnle t{~en allowed by II~P ln~rs o~ tl~e State o~ Fjoridn. 1 F ~l ~j anV sum of mon~y h~rein rp~PRPQ t0 ~ie nof prompily paicr within thirty c~ays next ajfer ~I Il~e sam~ hecom~s du~, or i~ eacF~ an~ enery the agreemenfs. sfipu?alions, conditions nnd covenants of said nofe nnd t1~is morl~~age, or eiiher, are not jully performec~, compliec~ wit~i and a6ided 6y, then fhe entire sum mentioned in said note, and tl~is mor(gage, or the entire balance unpaid thereon, shall jorthmilh or j; Iherea~fer, at 1{~e oplion o( f~e mortflt~t~ee, ~recome ancl he cjue and payable, any!/~ing in said note or ~erein ;i fo /he confrary nofu~itl~sfanc~inq. Failtrre by the inortgagee to exercise any o` the rig~ls o~ options ~erein proe~i~j~ sha~~ not co?~siilufn a t~~aivpr o~ any righls or options uncler saic~ note or this mortgage accniec~ or lh~r~t~~l~r accruin~. ~ ~n ~itness ~herenf ~ tli~ said mort,qngor 6ns hpreunto si~necl and sealed tl~ese presents thp ~ay an~ y~ar ~irst nho~~e «+rilfen. i ~ c ~'j S[gt1P SPAIP~ l1 IIPP Q!11 tI1P P iCP O': { t ~ . ~ ' . - - • - - - ~ . . _ - = ' ' ~ - { - - ~ - ~ ' - Paul M. l~rf.schkorn Sr. ~ , - , ~ ' i; - - - = - ; r E1~F;GYN ~ ~ ~ ~ ~ - - € ~ ~ ; - - ! - ~ , ii i; 1 , ~ 1 ! ~ STATE OF ~ rljj~jY(~N ~ i ~ COL`NTY OF_ '~+TAYNE 1 ~ I HEREBY CERTIFY that on this day, be(ore me~ an ~ j offirer duly authorized in the Stat~ a[oresaid and in the County aforesaid to tak~ acknowledqments, pcrsonally appeared ; i ~ PAUL M. FRISCHKORN, SR., a single adult, ~ 'f ~ . ~ to mc known to be the pcrson described in and who executed the fonqoinq instrument and he acknowledged be[ore me that he ex~cuted the same. I ~ ~~'IT\ESS my hand and o(ficial seal in th~- Count} and Stat~ la .y [oresaid this ^ 231~ day o[ ~ # ' ! February a- D- ~$8. % ~ , . J ~ ~ ' ~ i , ~ , ~ : " _ ` - ota-~-----~----- , ry bli State of l~l1~1i ~an ~ EVFLYN SCf~O(.'!C 'TI~~~ION SFAL at arge EVF ; , ; ~ - : My Commisaion Expires: ~c~ ~th, 1 ? ~ i; s - ~ t _ G~= ; : i - = F~LEO AND RECORDEp ~ : . _ ST. LUCl~ COUPJTY, FLA, ' . ' ' " ~ - r;' 164'7gp ~ '68 FEB 2 8 P~~ 2: t 9 f ~ ~ - ~ " ~ ~ - : ~ ; ~ S ~ ~ ~ry CLE~i( rif?~UtT COURT BO~K~ !O PACEz~,1 / `f ~ , : - - _ _ ~,~,7s ' ~ ~ ~ . ~ " -