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HomeMy WebLinkAbout2423 and shall per(orm. comply witk and abtde by each and every the agreements, atipujnltont. condittons and couenants the?eo/, and oJ thts mortga9e, tf~en this mo?tgage and the estate h..~6y created, shall cewe, de- termine and be null and noid. ~ 1{~e morfgagor hen+by (urt~er covenants and ogrees to pay promptly when due the pri~cipal and inferesf and ofher sums o( mone~ proui~ecl (or in anid note and f~is mortgage. or eil{~e~; fo pny a~~ und singuio~ the 1a.res, assessmenls, levies, Iia6ilities, obligations, and encumbrances o~ e~ery nalure on sai~I pro- perfy: to permil, commit or su~fer no waste, impairment or deferiorofion o~ saFd Innd or the improvementt fhereon al any fime: to Ireep the 6uildings now or he?ea(fer on said ~anc~ ~u~~y insurec~ tn a aum o~ nof ~est tl~an none required in a company or eompunies nccepla6le to the mortgagee, fhe policy o~ policies to 6e~ heW by, aad paya6le to, sasd mortgagc?e, and in the eve~t any sum oj inoney 6ecomes ~ya6[~ 6y virlue oj auch inaurnnce the mortga~ee sha[! f~u~e the right to receive and apply the same to the inde6tedness here6y secured, acc~ounting ~o the mortgagor ja~ any surplus; fo pay al~ eosts, charges, anc~ expenses, inc~ucjing lawyera ~ees aner fit~ searches, reasona6ly incu?red or paid by the mortgagee 6ecause of the jnilure o) the mortgugo~ to promptly ancl ~u~~y comply wiih fhe agreements, stipu~alions, conc~iiions and covenanfs o~ snic~ note and fhis mortgage. o~ either: to perform, comply wi1F~ and abide 6y ench and every 1{~e agreements, sfipu~afions, conc~itiona nncj covenants set jorth in said note and this mo~tgage o~ eifhe~. ln the event t6e mortgago~ jails to pny when due any tax, assessment, insurance premium or othe~ sum o/ ntoney paqa6le 6y ~~irtue oj said note and this mortgage, or either, fhe mortgagee may pay fhe same, wif~out wniuing or a(lecting Ihe option to jorec~ose or any other rigl~t hereunder, and all such payments shnll bear interest jrom date thereof at tlte highest 1ow- {ul rate then allowecl by the Iaws o) Ihe State of Florida. ~l any sum o~ money herein reFen~ecl to be not prompfly paid within c~ays next ajter the same 6ecomes due, o~ i( eacl~ and 'every f{~e agreemenfs, stipulations, condifions nnd covenanis o/ said note and tl~is mortgage, o~ eilher, are not /ally ~rJonned, complied with and a6ided by, tl~en the enlire sum mentioned in said note, and Ihis mortgnge, or the enlire balanc~e unpaid tl~ereon, shall Jorehwirh or tl~erenjte~, at the option o/ the mortgagee. 6ecome and be due and paqable, anylhing in said note or hereln to the contrary nolwithslandi~g. Fuilure 6y ~he mortgagee to exer~cise any of the rights o~ opttons 6erein proi~iaecl s~a~~ ~ot consfifute a wai~~e~ o( any rig~ts o~ options under said nofe or this moNguge accnied or t{~ereaJter accruing. ~n ~~1~ the said mortgagor has hereunto signecl and sealed lhese presenls tl~e c~ny an~ year ~irst ahove u~ritfen. Signed, se and delinered in e prese~~ce o~: ~ ' , - - ~1~?----- s oZ~~ ~ ~ , : . . ~ ~ E - k 3 - t STATE OF FLORIDA, ~ ~ COL NTY OF ST. LUCIE ~ ~ I HEREBY CERTIFY that on this day. betorc me, aa ( ~ o(ficer duly authori:ed in the Stat~ aforesaid and in the County atorrsaid to tal~~ acknowkdqmenu, personally appeared ~ Jack Greenberg, as Trustee ~ to me tnown to be the penon drscribed in and who executed the forcqoin~ insuument and he uknowkdaed ~ before me that he ~xccuted ehe ume. ~ WIT~iESS my hand and o((icial ~eal in the County and Statc last a[oresaid this daY of ~ A. D. t 9 69. ~ : FILEO AN~ RECOROE ~ f l.A• ~ _ - - _ ~ g'r. W C~E ~ Rt ~F 0 Public. PE ~~a~, State of Florida a Larg . ~ 1~~~~ ~ My commission expirea: ~ g.5 ~ ~g9 JUI. ~ ~ ~ ~ :.....,f:.. ~s ~ . , zoGF ~ a R~ ~ . ~~RK c~RC~~S C0U ~ ~ ~ . ~ - = ~ : : ~ f; - = b~x 178 ~ 2420 ~ 4 ~ ~ ~ti ~ 3 ~ _ ` • . sf H . ~y ~~2. ~.~-~~4.~~-he~~ ~]-T^~.r : _ . 'ea :Z~ L... . ' ~ ~~..`~ac'~~...~~.~.~""',~'G"~ _ ~ s~3y"~"~...p^~e°:'~~'~.. .