HomeMy WebLinkAbout0588 and sf~all per~orm, comply with and abide 6y each and every tl~~ agreer?eenls, sllpu~aliona, condliions and ~
eouenanls thQreo/, artd oj this mo?tgage, tl~en thit neo~lgage and t{~a estate 1~ereby created, shal! cease, de-
termine and be null and void.
~ t~e mo?fgagor hereby ~urfher covenanta and agreea to pay prornptly u~leen due ~hs princtpal and
tnterest uncl othe~ sums of money provided /or in aald nole and 1/~is morf8age, or elther: to pap a~~ and
singular the faxes, assessrrzanb, ~ei~ies, ~labiGlies, ob~igalions, and encum6~ancea oJ eue?y natwe on said pro-
perty; to perrnif, commit or• suuer no wosfe. impair?nent or c~ete?iomfio?t of snld lanc~ or Ihe irnprovemenf=
Il~ereon at any time; to kaep Ihe 6uildings now or hereaf ter on said Innd (ully ~nswed in a aum o~ not ~ess
tltan N011@
in a company or compnnie~ 4CCPPIQ6~ IO the mortgagee, tl~e policy or policies to 6e he[d by, and ~yab~
to, said mortg4gep, nnd in Ihe event any sum oj monay 6ecomes ~yab[e by virtue o/ such tnsuwnce Ihe
mortgugee 3ha11 1~nve tF?e ~1ght to receive and apply tbe snme to ll~e indebtedness hereby secctred, acrountirtg
to t~e mortgagor ~or any surplus; to pay al~ cosfs, chargra, und expenses, including jawyeis jees antj tit~e
searches, .~~onably incwred or paid 6y ~he mwlgagee because of t~e ~ai~ure of ttie ~nortgagor to prompt~y
and jully comply wifh the agreeinenfs, stepu~tions, conc~itions and covenanfs oj said note and this rnortgage,
or either; lo per/or~», co,,,ply u~~th and ab~de by ea~h and every the agreements, slipulalions, conditions and
c~ovenants sef ~orfh in said ~ote ancl t~is morlgage or either. In tl~e e~ent t/~g mortgngor ~ai~s fo poy when
due any tax, assessment, insurnnce premium ar olher sum oj money paynble by virlue o( said note and this -
morfgage, or eit~er, t~e mottgagee may pay the same, without waiving o~ n~fecting t{?e option to Jorec~ose
or any other righl f~ereunder, and aU u~ch pnyments shaU 6ear interest jrom dnte thereoJ at the highest Taw-
Jul rate If~en allowed by the Iaws of the State oj Floricla.
nny sum oJ money herein rejerrecl to 6e not pro:nptly paid wilhin thirty days next a/ter
the same 6ecomes due, or iJ eac?~ and every lF~e agreements, afipulaiions, conditions nnd eouennnta oj suid
note and tl~is mortgage, or eilhe~, nre not jully perjormed, complied wilR and abided by, tlien tl~e entire
sum mentioned in said nole, nnd tlris morfgage, or the enlire balance unpaid thereon, shajl ~orthwi~h or
thereajte~, at tl~e option of the mortgagee, become and 6e due and payable, anyt~ir~g is~ said nofe or hereen
to the conirary notwiths[nnding. Fai[ure 6y the mortgagee to exer~cise any o~ the ~ig{ets or options l~erein
provided sl?a1[ no~ consfifufe a u~aiver o~ any rights o~ optioru unc~er saic~ nofe or this mortgage accruec~ o~
therectjter accruing. .
[CORPORATF ~n ~itness ~hereof fhe mortgagor has caused t{eese psesenfs fo
SEAI_) be execufe~ in ifs na~ree, and its rnrporete se41 to 6e {~ereunto a~~ixed, ~y its
r"~~i,~ . _ ~ proper o~~icers tl~ereunto duly aut{?orized, the day nnd year `int a6ove wrilten.
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':~=t FEP 27 i~1 ~ i:~{5
~tate of FLURIDA
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~OUtI~ pf ST. LUCIE C'< <~UtT C~URT
~ / HEREBY CERTIFY tlw~ on tR~s day. 6rJore mr. m o(/iorr doly outMrtzed in eJ~e S1d~ ond Cauyr ajansoid to ~oLe ocbwrrledp-
menb. penw~allY appearr~I ECONOMYS and JULIA ECONOMYS
,.~n ~,~u~, ~o :o ~ ~tir P,~,:a.~~ ~a Secretary n~.~ry ~ ~ ro.~.~?~? ?a,~
j mo?Igagor in I~et ~w~going instrument. ar~ I~al t~~y urem~~y ac~rrwu~edgrd e~etuling l~e wme, in I~t pnxnte o~ livo sub~ciibiny wi/russra,
(rct~r und a~unta?~~y wuler aut~o?ily t~u~y e'va1~J in I~em by said cwporulion om~ l~a/ l~e seo~ uf~u~ ftierelo is f1N frt~t oorpwofe srol o~
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~ WlTNESS my Jand : of
~f~ ~eo1 in ~l~e
County an ~$tote Ios7--" oreioi~"lku---r~ _
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