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HomeMy WebLinkAbout2756 and sha11 perjorm, comply u?ith and abide 6y each nnd every the agroements, stipulationi, conditions` and coi~enants thereo(, and oj ihis morfgage, lhen lhts mortgage and Ihs estate here6y created. ~hall cease, d~- Iermine and 6s nuU and iwid. ~ t6e mortga~or hervby /urthe~ covenants and agrees to puy promptly when duo the prtncipnl ond inleres! anc~ oftier sums o~ money p?ovic~ecr ~or tn satc~ note nnd fhit moNgage. w sit~er: fo pay a~~ and stngular ~he taxes, assessments, levies, ltabililies, o6li9attona, and encum6rnnoes o~ every nature on said pro- perly; to permtt. commif or su~Jer no waste, impairment or c~efer~o?ation o~ aaid land or fke tmprovementt the?rcn a! any time: to k~P the buildings now o~ he?ra~ler on said land jully insured in a~um o~ not less than in a company or companies accppta6le io the mo?tgagee, !he policy o~ polictes to be 1~eld 6y. ~d paya6t~ to, said mortgagee, and in the event any sum oJ monvy 6eeomea ~ya6l~ by virtue oj such inaurance ths mo?tgagee shall haue tl~e right to receive and apply the sante !o the inde6tedness I~ere6y secured, ac~ounting to the mo?fgagor (or nny snrp~us; to poy a~~ costs, c~a?ges. nnd earpenset. inc~uding ~awyers (ees and ttl~e searcties, ?easonably incurrec~ or patd 6y !he mortgagee 6ecause o~ the jai~ure o( f~e morlgagor to prompt~y t and Jully comply witli the agreements, stipulationa, conditions and co~?enants o/ sad note and this mortgnge. ~ or either to perJorm, comply wit1~ and a6ide 6y eacl~ nnd every the ag?eemenls, stipulntions, conditiona nnd covenants set f orth in said note a?ed thts mortgage o~ either. In the euent the mortgagor jails to pny when due any tnx, assessment, insurance premium or other sum oJ money paya6le 6y vi?tue o~ said note and tl~ts martgage, or eil~er, fhe mortgagee may w,y rhe same, wil~out waiving or nf~ecfing the option to jorec~ose or any other rigl~t l~ereunder, and all such paymenls shal! 6ear interes~ jrom date tF~ereof at t1~e highest 1nw- ~u! rafe Il~en allou~ed by the Inu~s o/ the State oj Florida. ~l any sum oj money herein re(e~ lor 6a-nct~ pr+omptly patd witkin dnys next a~ter the same bec~omes due, or if each and e~ery the agreemenls, stipulaiions. rnnditions and c~ouenants oj said note and this mortgage, or either, are not ju~ly per(ormed, c~omplied wiil~ and a6tded by, then the enti?e sum mentioned in said note, and this mortgage, or the entire 6alance unpaid thereon. :hall J~h~~eh o~ ~ tberenjter, nt the option oJ !be mortgagee. 6ecome and be due and payable, nnythtng in said note or he?ein to I~e conl?nry nolwithstanding. Failure 6y the mortgagee to exercise nny of fhe rig~ts o~ options herein pro~i~ecl shal~ not constifute a u~aiver o~ any rig~ls or optior~.t under said note or lhis mortgnge acerued or t~ereafler accruing. ~n ~1~~ ~~~L~ 1l4e said mortgagor has hereunto signed and sealed the~e presents tl~e c~ay ancl year ~irst al~oi~e u~riffen. Signed, sealed and delivered in Il~e presence o/: . G ~ , --~Lc'---•~,~t-~~Lu'J--------------•---•----------- - - - - - - P'~ ~~rown, Trustee arles . . F a ~ - - . ~ - , i f i f { i STATE OF FLORIDA, ~ Courrrv oF ST . LUC IE - I HEREBY CERTIFY that on tl?is day. before me, an officer duly authorized in the Stau atoresaid and in the County aforesaid w take acknowkdgments, pcnonallp app~ated Charles R. P. Brown, Trustee, to me kaown to b~ the penon descn'bed in and who executed the (oregoinq insuument and he ackoowkd~ed before me that he executed the same. ~ WI7'NESS my hand and official ~al in thc County and State last aforaaid this ZSt dar o( ! J~@ A. D. 19 7 ~JZCcx~ e~wr~cci~r~ ' - 1940~73 Notary P i, state of Florida at Large ~ , - FiLED ANO RECORD~ Commission Expires : ! ST, LUCIE COUNTY. FLA. I ::::~.,,,;~,<<~~ ~ RECQRD VERIFIED : ~~~u ; :i j . ~ i . , .r = ~ ~~.'IO JUN 2 PN !2 : 46 : . . . . z - • ~:~`r .~'-.:.C_ ~ ~ ^ 4 ROvER ?UITR~~ .Z • ; . '~'~jy : o`` ~-r CLERK ClRCUIT COURT~ . • • •••'"tE ~u -Y'~g`~,~ by: Aaa,~ a~~c~.~+~ f~IR.r~ ~ . i ~ , _ . _ _ ~ . _ _ _ . . ~_x_ _ . _