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HomeMy WebLinkAbout2398 and shal! pe~~orm, comply wtlh and abide by each and e~~ery fhe ag?eemenlt, illpu~atloni. conditlona and co~~enanfs Ihereo~, and oJ thta mortgage, tl~en this matgage and the eitate 1?ereby c?eated. :hall cea.•, d~- termine an~I 6e null an~I iwid. • ~ thp mortga~or hen+6y /urlhe~ rnvenanl~ and aereea to pay promptly when due the prlncipal nnd tnteresl and ofher sums o~ money prouided for in aaid note and ihi~ mortgage, or etfher: to pay a~~ ond singu~ar the faxps, assessmenfs, Ieoies, ~tabl~iltes, ob~tgaltons. ancl encum6r+r.rtee' o~ every nafure on said pro- perty; to permif, rnmmil or suf~er no wasfe. tmpai~ment or cleleriomUon o~ said land or the tmproveme~b tlte?+ecn af any lime; to kppP th~ bui~~tngs now or herPa~ler on said land (ully instued in a aum o~ nof ~ets +han full insurable value in n compnny or companies ac~ceptable to Ihe mortgagee, the poltcy o~ Qoltciss to 6e held 6y, a~d ~xiyable to. aatd moMgagee. an~ in the eaent any sum of money becomea ~yobl~ 6y virtue b~ auch insurance f~e mortgagee ahall have fhe rlght to recei~e and apply i6e same to the inde6tedness hereby secured, accounting to t~e mortga~o~ ~or any su?p~us: to pay a~~ c~osts, charges. and expense.. inc~uding ~nwyer a~eea and tit~e searc{~es. reasonably tncur?ed or pnid 6y the mortgagee 6ecause oJ the /ailure o~ the ~norlgagos to promptly ancj jully comply wtth !he agreements, sfipulaiions, condttions ancr covenants oj aaid note and tl~is mortgage. or eit~er; to perfo?m, comply with and abide by eacl~ and enery f{~e agreements, stipu~ations, conditions wtd covenanfa set f wih in said ~ote and tAis mortgage or either. Tn the event f1~e mortgngor f ails to pay u~hea due any tax, assessmenl, insumnce premium or other sum of money pnya6ls by virlue of snid note and this mortgage. or eil~e~. t~e mortgagee mny pay fhe same. without waiving or a~~ecting the option to ~orec~ose or any other ri9ht I~ereunder, and alI auch payments shall 6ea~ interest (rom date thereo~ at tl~e highest law- ~ul rnte lhen allowed by the laws oj tl~e State o~ Florida. ~L any sum o( money herein re(emec~ to 6e not promptly paic~ wiftiin thirty aays next a(ter i{~e same becomes due, or i( each and every the agreements, sfipu~ations, eondilions and c~ouenanls o~ said note und tl~is morfga9e, or either, are not f ullq per(ormed, complied witl~ and ab~d@d 6y, t1~en tl~e entire sum mentioned in snid note, and thta mo?tgage, or the entire 6ulance unpaid ther+eon, skaU (ortl~with or therea(ter, at the option oj the mortgngee, 6ec~ome nnd be dus nnd papubie, anythtng in anid note or heretn fo f~e c~ontrary notwithslanding. Failure by ttie morfgagee to exer+cise any of the rights or optiona ~erein providecl s~a~~ not rnnstilule a waiver oJ any rights or options unc~er snic~ note or this mortgage accrued or therea/ter accruing. ~n the said mortgagor has F~ereunto signed and sealed these presents ihe c~ay ancr year jirst alwne wrilfen. Signed, sea[ed and deGe+ered in the presence oj: ~ - - - - ~ . - ' - ~ 8 • Robert R. Cox ' : ' ~ ; ~ E• ~ STATE OF FLORIDA, ~ ~ courrr}r oF St. Lucie I HEREBY CERTIFY that on this dar. before me~ aa ; officer duly authorized in the Statc aforesaid and in the County aforesaid to tak~ ackaowkdgmenb~ penonally appearcd John L. Lester and Robert R. Cox to me known to be th~personS described in and who executed the forcgoing instrument and they acknowkd6ed beforc me that they executed the ume. WI1'NESS my hand and ofticial aeal in the County and State lut aforesaid t6is ~d dar of A. D. 19 8 . / - . ......•s:. ~ ~ otary ~u c ~ ~ M co~ni.s ion ex ires : = FILED ~,ND RECOROED y -•,,cd:r •-•~?~c, at~:~ ~ ~~-r F~ ; ST. LUCIE COUNTY. FLA. .M~r Exp~es uec. 16, 1~9 - =~.^~?Rn V=R~r~~D ~ 1`72863 . '66 OEC I 2 AM IQ : 37 : . _-~:-fo~~:,~,eG~ = - ~ ~ ~ ~ s._ . nJG~r? ~•OITtZ~S ~ •J - CLERK CIRCU!? COURT: = ~ ` C' ~ : ~ ~ -,-c~ Q ' . ~ i~~ 71,~s rur~,iunc,i~ p~p~ared by: . ::T; ~ - A~3t„~i' F. ~ - . JL? r~' . ~ Bo~K174 ~A~E2393 LJ~J 1.. _ - i: G:. ~2. p,~~!~?rr~0 B8ach, Flazida 33JS1 . • ~ .