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HomeMy WebLinkAbout1475 i , ond sha~l per~orm, comply wifh ared abide by each and eaery the agreementa, sttpujalions. eonditions and covenonfs fhereo% a~d oJ thta mortgage, then f1~is mo?tgege and tl~s eatale hereby created, al?all cease, de- le~mine and be nu11 and i~oid. ~ 1he mor~gagor hercby (urlher c~ove+ennts ered agrees to poy promptly when due the principal and internst and of~er si~ms of rr~oney provic~ec~ ~os in saId note and f~ia mortgage, or eilher; fo pay al~ and singular fl~e tares, assessmenls. ~+~tes, Iia6ilittea, ob~tgations, and encumbr+ancea of every nature on said pro- perty; fo permif. commif o~ suf~er no u~aste, impainnen! or delerior~nlion o~ said land o~ the improvemenia thereon at any lime; lo keAP thp buildings now or I~erea~te~ on ~a~d bnd jully insurecl in a sum oj not Iess tf~aR Ten T'hQUSand Dollars. in o company or rnmpanies acceptable lo the mortgagee, Il~e policy or Ro~icies to be Itelc~ by, and paya6le to, saic~ mortgagee, anc~ in the event any sum o~ money becomes paya~~e by virlue o~ se.~ch i?uw~ance ttie mortgagee s1~a~~ F~aue tf~e right to receiue and apply tf~e same to tke indebtedness hereby aecurecl. amounting fo t/~e mortga~or ~or any surplus; fo pay a~~ ro:fs, charges, ana~ expenses, ir+cluding jawyers fees ond itt~e searc%es, reusonably i?u~~ec~ or paic~ by fhe mortgagee because o~ the jailure oj the mortgagor to promptly + and /u~ly comply with the agreements, slipulationa, conditions and covenants oj said note and tl~is mortgage, . ~ or either; to per(orm, ~o~,ply w~el, and abide by each and eve~y the agreementa, stipulntions, c~onditiona dnd ( covenanfs sef ~ort{? in saic~ note nnc~ f~is mwlgage or either. jn the event the mortgagor fai~s to pay when ~ due uny ta.r, assessmenf, insumnce premium or ot~er sum of money payab~e by virtue oJ saic~ note and t~is mo~tguge, o~ either, the mortgagee may pny the same, without wai~ing or aj`ecting tke optlon to ~orecloae or any otl~er right he~eunder, and alI such payments shall bear interest /rom date thereof at the I~~gl~est ~aw- f u! rate then allowed by the l~ws oJ t1~e State oj Florida. ~ any sum of money I~erein re(emed to bP not prompt[y paid wtehtn Z'hirty clays next a~[e~ ( t{~e same 6ecomes due, or i( each and every the agreements, stipulutions, conditions and covenants oj aaicl ~ note and t1~is mortga9e, o~ eithe?, are not Jully perJormed, compGed wit~i and a6tded by, tben the entire sur?t menttoned in said note, und li~is mortgage, or the entire balance unpaid theneon, ahnU (orthwith or therea~ter, at the option oJ tF~e mortgagee, become and be due and payable, anything in said ?tote or heretre to 1he cont?nry ti~otu~ithstanding. Failure 6y tfie morfgagee to ezer+cise any o/ the rigl~ts or options herein provided s~a~~ not consfitute a waiver oj nny rights or optiores under said reote or t~is mortgnge accrued or eh~a~ee~ a~~«;~g. ~e balance of said note shall bear interest at 696 per ann~ i.~._tsh`,e~ ev n of `default as set forth in tlzis paragraph. n~~~1i~ ~~~1~ t6e said mortgagor has her+eunto signed and sealed these presents the ~ day and y irst aliove written. . Sign eoletl t/ de '~er in the presence oj: I ~ ~ . - - - --`~1ffQ:"------ t - - ~ , ~ I ~ ~ ~1 l ( ~ ~ ~t . {i STATE OF FLnRIDA, ~ GOU~ITY OF ST. LUCIE. ~ ' I HEREBY CERTIFY that on this day. be(ore me, an il o(iice~ dui~ authorized in the Stat~ aforcsaid and in the County aloresaid to take acl~nowledgments, penonaUy appearcd VADAS JAY YARSRQUGS?, a s ingle man to me known to br the person described in and who executed the [or~goinq instrument and he acknowkdRed b~for~ m~ that he ~xecuted the same. N'IT~ESS my hand and o(ficial seal in the~ C:ounty and State last a(omaid thu / ~ d~y o( , 8 ~ April a. n. ~s68 . ~ . ~ FILED AND R~COROED Hataar r~,ir~. ;:aT~ ' ST. LUCtE CJUNTY. F(.A. MY r{a~,,,,,:~;,~~,~ E~„0~ fl!•S:DA AT LARSE ~ ;C !"~(;I~ tr~-„-~,f^tCp ocr•otu rkti.;.:~•. S I:iIY 28. 197I i . . ~n w a~e>re~.-uw;• j ~ss345 ~ ,,.~,tut,: '68 APR 19 AN 11:41 ~ . ~ : r,~!~,,~ 3y~'~•. ~ , ~~~~~~~~~~•a V ~ , r ; ..•,.f'~ ~ t~ ~ s o:: i?t r p~ 1 R;, g 1 ~:~s C s' ~,c C~ERK CIRCUIT COURT ~ ~ ~ a~ ~ a = _ ' ! ~ • = ~ ~ ;A Z ~ • ~ . : 0 ,j J~ ~ t . ~ ~ • . : ~ ~ + ~ ~ ` n Q ~ eooK171 oac~1~73 , f ~ ~~~,~~~~r~.=~ = •