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HomeMy WebLinkAbout2426 fi and sl~all perJorm, cumply witl? and a6ide by each and eaery the agreements, slipulalions, conditions and I co~~enants Il~ereof. a?id o( fhis morlpage, then ihis mortga~e and tf~e estate hereby c?eated, shall cease, de- fermine an~ he nu~~ an~ voic~. ~n~ I~~e mo?tga~or ~~en~tiy ~u~ll~er covenants anc~ agrees to puy promptly when due the principal and interest anc~ olher sums o~ money proi~iclecl ~or in saic~ nole and this mortgage, or eifher: to pay a~~ and ~ sinflular fhe ta.res, assessments, lenies, lia6ililies, obligalions, and encum6?~ances of every ~alure on said pro- ~ perty; to permil. commif o~ suf fe~ no u~aste, impairment o: deferiorafion oj sai~ ~and or the improvemenls tl~ereon at any Iime: to RPP~ I~IP buildin~s noiv or hereaf t~r on snid land jully insurecl in a sum of not less ~han not appl icable in a company or companies acc~ptab~e to t~ie morfflagee, !he po~tcy o~ po~icies to be held 6y, and paya6le ~ to, said mortga~ee, arid in ~~P PI~PR~ any sum of money 6ecomes ~ya6l~ 6y virtue o~ such insurance the mortgagee Shnll ha~~p the righ! to receii~e and apply the same to the inde6tedness {~ere6y secured, accounling ~I fo 1~ie mort~n~or jor any surplus: lo pay a~~ cosls, c{~arges, and expenses, inc~ucjing lawyers ~ees ancr fil~e II searrhes, rpasona6ly incurre~ or paicl by the mortgagee because o( the fai~ure oj the morfgagor fo prompt~y ane~ ju~~y comp~y ~oith fhp agreements, stipu~afions; conc~itions anc~ covennnts of said note and tl~is mortgage. or eilher; to per(orm, comp~y u~itf~ m~d abide by each and e~ery t~e agreemenfs, slipulafions, conditions anc~ covennnts set for1l~ in said note and this mortgage or either. ?n tf~e event the mortgagor ~ails to pny w{~en I due any tar, assessmenf, insurancp premium or otlter sum of money paya6le by vi~fue oj saic~ nole and tf~is !1 mortgage, or eilher, the mort~agee may pay fhe same, euithout waiving or aJ~ecting fhe option to jorec~ose i or any other righf hereunder, nnd aII su['h payments shall bear interest (rom date tl~ereof at the highest law- ~ (ul rate tl~en allo~ved F,y Ihe la~vs of tl~p Statp o( Florida. ii ~l any sum o~ mon~y Iierc•in re(errecl to be not promptly paid wifhin 3~ c~ays next a~ter ~I the same becomes due, or ij each a?id every the agreements, slipulations, conditions nnd covenanls of said note and this morlAac~e, or either, are not jully per(ormed, complied with and a6ided 6y, then the entire ii sum menlionec~ in said notp, and t6is mortgage, or the entire bn~ance unpaid tl~ereon, shnll jo~eh~teh or ~I thereaJter, at f~e opfion oJ t{~e mortflagee, become and 6e due and pnpable, anyl~ing in said note or ~erein i~ fo t~e confrary notu~ilhstandinc~. Failurp 6y the mortgagee to exer+cise any o~ the rig~ts or opttons {~erein ~ proviclecl s~~a~~ ?iol consfilut~ a ~uainer oJ any rig~fs or options unc~er saic~ r~ote or t{~is mortgage accrued or ;l f~erea~t~r nccruing. i~ j' ~n ~itness ~hereof~ tl~e saic~ mortgagor has hereunto signetl ancl sealec~ fhese presenis ihe tlay anrl y~ar f irst a~?ove inrittPn. ig a. ~alpcl and dP~iner~d in 1h~ resence of : ~ I'L~'~'`'~`'''"'" _ ~~uJ~ - - - - . . ~ . am J. e ~ ~ - - p i --e-----------------------------...----------------- ~ I~ _ !I ( - ~ ~E ` ~I i~ ~ ~ k ji STATE OF FLORIDA, ~ 'I CoL':~TY oF ST. LUCIE ~ I HEREBY CERTIFY that on this day, before me, an i' officer duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowledqments~ pcrsonally appeated ; WILLIAM J. BLAKL and PEGGY L. BLAKE, his wife, ~ to mc known to b~ the personS described in and who executed the forcgoinq instrument and ~1ey acknowledged before me that they ~xccuted the same. ~~'ITtiESS my hand and ot(icial seal in th~• County and State last a(oresaid this 6~ day o[ March A. D. 19 GS , ~ _ ~ - _v..~'~.------------- FILEO AND RECORDED'. NOTA9Y PUBLIC. iTATE OF FL09ioA T Ll~tt~t M1f COMMISSION EXPIRES JAN. 6, 197~ ~ ~ ST. LUCIE COUNTY, FLA. ~onu~ ~MROUa+ ~R~o w. olElT[LNORlT ~ F,~,.~;-... ,.,~~~~.F~ . ,c,•. + ,f „ : ~ ~ 164982 . _ • . . '6B MAR 6 PM 3 : 24 . - -~'/~C--~ =F ~ . • ~ j ` ~ , • '~~~::f=i'+ . ~Ji ~ ~i~S ~ _ CLERK CIRCUIT COURT ~ ~ ' ~ ; ~ i' ~ ~ : ' g~~K1r~o PAGE2416 I ~I ` - - - - ~ - ~ _ , - .:x~ ~'~~~~.~.lt~" ~ ~ _r ._~~„-_'-~t . - . ~