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HomeMy WebLinkAbout1181 i and shall per(orm, comply with and a6ide 6y eacl~ and eveh? the agreements, ~lipulatlo~u, eondtllon~ nnd co~~enants thereoJ, aiid o/ Ihis mortgage, lhen this mortgage a~d the e:tate he.~eby created, shull esase, de- fe~mi~e and 6e m~l~ and votd. - ~ f{~e mo~tgapor herv6y jurther covenants and agreea to pay promplly wl~en dw tl~e principal and interesl anc~ ol{~er seims o~ money provided !or ln said note und lhts mortgage, or either: to pny al~ nnd singu~ar ftie ta.res, assessments, ~evies, Iia6tlilies, obligattons, anc~ encum6ronces o~ e~ery nature on aaid pro- perty: fo pe~mit, commit or suj~e~ no waste, impai?ment o~ deterioration o/ said land or the improvemenb I~precn at any lime: fo ~PPP I~P hui~~ings now or f~erpa~fe~ on said lnnJ /u~Iy inaur~ in a sum o( nof ~ess t1~an nil in a company or companies accepfa6~e fo the morlgagpe. !~e po~tcy o~ poltcies to be he~c~ by, and payn6le to, said morfgage?e, and in fhe event any sum oj money becomi•s ~yo6l~ 6y virtue of such insurnnce the mort9ngee shall hae~e the right to receive an~I apply fhe same to ll~e inde6tedneas here6y secured, accounting to the morfga~or ~or a~y surp~~u; fo pay a~~ costs, charges, anc~ expe~ses. inc~uding ~awyer~s (ees onc~ litle senrches, rpasona6ly incurrecr or paid 6y fl~e morfgagee because ol the ~ai~ure oJ f~e mortgagor to prompf~y antl ~ully comply wil{~ I~e agreements, slipujafions, conditions nncl covenanfs oJ said note and tl~is mortgage, or eilher: to perJorm, comply wit{~ and a6ide 6y eac1~ and every !he agreements, stipulattoru, conditions and covpnanls set forth in said note anc~ this mortgage or eit{~er. ~n f{~e euent the morlgagor ~ai~s to pay w/~en due a?iy tax, assessment, insurance~ premium or o1{~e~ s•~M o~ money paya6le 6y ntrtue o~ said nole and tl~is mortgage, or eif~er, itip morfgagee moy ~y t6e same, wif/~out wairing or a~~ecting t~e option !o joreclose or any oll~er riQ{~1 I~ereuncler, and alI such payments shall 6en~ ~nterest jrom date thereo/ at the l~tgleest law- (ul rate thc~n aI[owcd by the laws oj the State o) Flori~iu. ~l any sum of money herein re(erred to be not promptly pnitl wilhin 30 days ~ext ajter tl~p same 6pcomes d~ie, or ij each and every II~e agreemenls, stipulalioru, condittons and covenants o( said note and Ihis mortga,ye, or eit6er, are not /ully perjormed, complied with and ab~dpd 6y. lken Ibe entire sum mentioned in said note, and this mortgage, or tl~e entire 6alance unpaid tl?ereon, shall fort6~vi11~ or Ihereajter, at~ 1hn option oJ the mortgagee. 6ecome and be due and payn6le, nnytl~ing in said note or f~erein. to the c~ontnary nolu~ilF~stantling. Failure 6y IF~e mortgagee fo exercise any of Ihe rights or oplioru ~erein prouic~ec~ sha~~ not conslifute a u~aii~er oJ any rig~ts or options under soic~ note or Ihis mortguge acrrued or 1{~erea~ler nccruing. ~n ~~0~~ t{~e saic~ mortgagor has hereunto signecl nnd sealed these presenls Ihe c~ay an~ year ~irsf atione u+rilfen. Si necl, sea~ed aRd ~PIf[~PfP~ ~I! the P~PSPIK'p o): ~ / ~ " t~ ~ ~~A ~ lI~ L:"~Yoiiiig-- ; ? • - - - ~ - - ~ Dem sey oun ~ ' . ; , f ~ ~ ; - E i ¢ ~ ~ STATE OF FLORIDA. ~ COU?~ITY nF S'j'. LUCIE ~ ~ 1 HEREBY CERTIFY that on t6u day~ before me, an .~:~of(i,c~r duly authorized in the Stat~ aforcsaid and in the County afonsaid to tak~ acknowkdgmenu~ penonaUy appeared ~ ~ ~ . _ ' . Cl?RROId. L. YOt1NG and J. DEIrIPSEY YOUNG. his wife, ~ j,~o-,me'•Jcaown to be the person g described in and who executed thr forrgoinq instrument and tj~y actnowkd~d ~ ' ~`-,~~ie t?M1e that t~y executed the same. ~ : : • . • '~SI7':~TESS my hand and official seal in the County and State last a(oresaid this 25th day ot i - ,y ; ~ ~ ~ `June D. 19 69 ~ ~ ar~o RECOROEO ~ - ~ ' - ~ FII.ED , ~ ~ r ST, I.UC{E CCUNTY. FL • ' ; V:- Rlr . - _ ~ ~,~t 1~ ~ ~.y~ ~~s~ Notary lic ~ ~ f~~~M+ Notary Pubd'K. State o1 florida it la~;ro ~ My Commission Expires lan. S, 19iQ ~ 69 2~ ~I b•d.d ir ~?.+wiu0 ~M~ ~~.+..Mr fN. ~ , ~ i:.C~~.:L~~ i 1-?~..S x C~ ERK C1RCUtT COURT ~ ~ ~ ~ ~ ~ ~ Tliu Lwrumc~i~ p~rp~rrrr-d by: ~ ~~~1CSf TMIf INSTRUMEMT rR¢AA~p SY ~ 80U~t ~ ~v P~E~~~ A~TRACT Ac TITLE CORP. OP P~ORIDA ~ t01 j. ZND sL. ~ w FORT PI[RCt, l~LORIDA r - -~~te.X~c'.o Y77. ~c~r.<~~..~.-_. - _ . _ . :