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HomeMy WebLinkAbout0757 i . , and sh~ll p~rjorm. ~•omply u~it{~ and nbide by each and ~very fhe agreements, sltpulalioris, conditions and co~~ena~~fs ~he~ew~, and oJ this morl~ag~, Ihen Ihis mortqa~e ~nd t{~e PSIQ~P hereby c?e~afe~l, shall cease, de- . ~ fprmine ~ncl ~e r~u~~ an~~ i~oi~. ~f i nM~ i IliLU I~~p murlga{~or ~i~ri~hy ~urfhe~ cove?tanfs and ng~ees fo pay prompl~y when clue Ihe principa~ ant~ interes! anc~ ol{~Pr sums o~ money provi~Ial jor in saic~ nole and this mortgage, o~ either; to pay a~~ and sinflulnr Il~e tnxes. assessm~nls, I~i~i~s, lia6ililies, o6li~atio~is, and encun~6rances of every nalure on saicl pro- perly: fo permiL commif or suj(pr no wasfe, impairmpnl or c~eteriomfion oI sa~d !a?~d or the improvemenb 1{~prn~•n af any lim~: to keep the 6uildin~s nou~ or h~rnaJt~~ on said land f ully ensiued in a sum oj not less ~han in a company or ~•ompani~s accepta~le fo Ihe mortgaflee, f{~e po~icy o~ po~icies to 6e hetd 6y, anc~ payab~e fo, sai~ morfqagee, anc~ in Ihe evenl m~y sum o~ money becomea ~x,ya6le 6y virtue o( such insurance Ihe mort9agee sh4t! ha~~p Ihe right to r~ceive and apply the snme to ike inde6tedness here6y secured, uccounting to fhe mortgagor for any surplus; to pay a~~ costs, charges, and expenses, inc~uding ~awyers fees anc~ fille searches, reasonah~y incurrec~ or pai~ hy fhe mortgagee hecause oj the ~ai~ure of t{~e mortgnflor fo prompt~y anc, ~u~~y comp~y wit~ fhe agreemenls, sfipu~afions, concrilions and covenonta oJ said note an~ t{~ts morfgage. or eit~er: !o perfo?m, comply u~ith and a6ide 6y each and every !he ag?eements, sfipu~ations, condifions and covennnfs sef forih in said note and this mortgage or either. In the event Ihe mortgagor ~ails to pay when due any tax, assessment, insurance premium or other sum o( ??~o~~ey ~ya6l~ 6y virtue of saic~ nole and tl~is mortgage, or eil{~Fr, f~e morf~agee may ~,y tf~e same, wit~?out wniving or aJ(ecting the opfion fo ~orecjose or any olher right {~erpunrler, and al! sucl~ payments shall 6ear interest ~rom date therroj at ihe hlgF~est Iaw- ~ul rate Ihen allou~ed 6y Ihe la~us o( If~p Stafe of F~orida. any sum o~ money herein re~errec~ to be not prompily paid witl~in fifteen days next a(ter fl~e same 6ecomes due, or iJ ench and pi~ery the agreements, stipulations, conditions and co~enants oJ snid note and this morfga~e, or either, are not jully perJormed, complied with nnd a6ided 6y, tl~en Ihe entire sum menfionecl in snid note, and il~is mortgage, or the entire ba~ance unpaid thereon, sha~~ ~orthwitl~ or fhereajter, at th~ option oJ t?~e morlgagpe. 6ecome and 6e due and paya6le, anything in said nole or I~erein fo ihe contrary nofu~ithstanding. Failurp by ~he mortgagee to exercise nny o~ f~e rig~ts or options ~erein ~ proniclec~ s~a~~ nof .consfifule a u~ainer o~ any rig~ts or opfions under said notP or t/~is morfgnge ace?ued or t~ereaJler accruing. ~ ~n ~~tn~s ~~~e01~ tl~e said morfgagor has F~ereiinto si,qned nnd sealed these pre'senls the cray an~ yenr ~irsf ahone « ~riflen. ~ Signe sealec~ and delioered in the presence o): - _ ~ ' ~~...---....-~-'----~0~~[~'~/ ._.C.~. _ .l.~:*~!M=....W-:.. ~u~~ ~ i ~ ~ , " ` ~7' - - ; . ~-c:- ---~='-:tL---- - = ~a_r.-L------------ i ! /'i~ FIlEO ANO E TY. FLA. ~ -----~ST•RUC~E~~UN ~ - , -~VE-R~Fi~O- - ~ ~ 'GC a ' - i ~ y _ . '69- ~ ~5~ ~ ~ ~ . . - _ ~.f3ra~ . a ~ ROGER PQ~~RAS ~ STATE OF FLORIDA, ~~RK CIRCUI? CDURT~ ~ = coux~rY oF St. Lucie ~ ~ I HEREBY CERTIFY that on this day. before me. an ~ of(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to wk~ acknowledgmrnts, personally appearcd ~ ~ Johnnie r. Batesan and ChriBtine H. Batedan, his wife, ~ to me known to b~ the person g deuribcd in and who ezecuttd the foregoing i~trument and they a~k~~6~ ~ ~ betorc me that they executed the same. ~ / 7 ~ day o( s WI7:'~tESS my hand and o((icial seal in the Couoty and State last a(oreuid thu ~ ~ No~e~ber* n. n. ~969. ~ ~ / ' / , f z ' ,s ~ cc ~ " ..w--._.. ~ t~r1T ~ PL1~LIGT~..~ ...-•~3--Q~•--~4~1~ - _ At Large, My Comnission Expires: 2-~-73 ~3 . • i: . ~.j ` • • .~~1 . ' .',`j ~ • . t ~ Y ' ' ~ "7 ~ =~i Y r~ I7iis Inunmrcnt prepared by: P.L.Carlsoa BOOK181 PAGE 7~~ Lj A~~f~ ATIANTiC RICHFIELD COMPAN ~~3 Post Office Box 6063B ° Orlando, Fiorida 32803 s ~ ! . M - ` ~ ~ , ~ : . r. _ _ ,