HomeMy WebLinkAbout0752 ami shall pc~rJo~m, comply with and nbide by each and eoery fl~e ag~eementa, slipulation's, conditions and
co~~enonts thercwJ, and oJ Ihis mor~gn~e, thPn Itiis morl~age and tl~e eatate hereby created. ~hal! cease, de-
IPrminP AII~ ~P nu~~ anc~ ~~oi~~.
fhP morfga~~ar ~~~~n+f~y Ju?f~~er covenanls and ugrees to pay prompf~y u~hen c~ue fl~e principul and
i~~lernsl and oll~ei sums oJ money provi~ecl ~or in sai~I nole ant~ this mo?lgage, o~ either: fo pay n~~ ancl
sin~u~ar ttie fax~s, assecsmpnfs. ~evies, ~inht~ilies, o6lif~alions, anc~ encumhmnces o~ every riafure ort said pra-
perty: fo ~ermit. commif or sujjer no wasfe, impairmenf or c~elerio?alion oJ sai~ ~and or Ihe Improvementa
Ihvrncn at any limp; to ~PPj/ II1P 6uildin~s nou~ or hereajt~r on saitl lanc~ ~ully instaetl in a sum of not ~ess
thnn maximum insureable value thereof
in a compnny or ~~ompanies accc~pfa~,ie fo fhe mo?tgaflee. !hp po~icy or po~iciea fo ~~e tie~~ 6y, and payable
to, saicl mortgagP~, and in the ~vent any sum oJ money 6ecomes pnya6le 6y virlue o~ such insurance fhe
morlgngpe shall {~avp the rigf:t to MCPiUP anc~ apply the same to tl~e inde6tedness here6y secured, accounting
to f{~e morfga~ior ~or any surplus; to pay a~~ cosfs, c{~argas, and expensea, inc~uc~ing ~awyer~s feea and tit~e
sean•h~s. reasunaE~~y incurre~ or ~atd 6y ~hp mo~fgngee because o~ f{~e lai~ure o~ ftie morfgagor fo prompt~y
on~ ju~~y c•omply u~itti fhe agreemenls, stipulaiiona, conc~itions ancl cove~anls o~ saicr note on~ f~is morfgage.
or Pil~~er; fo pvrJorm. ~-omp~y u~i1h and a6i~le 6y each ancr every Ihe agreemenfs, sliptt~alio?u, conditions artd
coi~t~n~nfs srl (ortl~ in said note anc~ this morfgage or eilher. In !he event Ihe morfgagor ~ai~ lo pay when
dup a?~y eo~, assessm~nf, insurance premium or other sum oJ money paya6le by virfue of said nole and tl~ia
morf~age, or eif{~er. Ihp morfga~ee may pay ftie same, u~ithouf u~aiving or aJjectinfl fhe opfion to Jorec~ose
or any o1{~er ri~I~i F~~rpuncler, and a~~ such payments shn1l 6ear inlereat from c~ate fhereof at f1~e higtiest ~aw-
~u~ rafe i~~en a~~otoe~~ tip ItiP ~airs o~ f{~P Stafe oi F'~ori~a.
~L ar~y sum oj monE~y ~erein re(err~c~ io he not prompl~y paid wittiin thirty c,ays nexf ajter
Ih~ samr l~e~~om~s du~, or i f eacti and ~~~ery the agreempnfs. stipulations. conditions ancl corenanls o~ saicr
note and this mortga~P, or Pither, arp not Jully per)ormec~, compliptl wit1~ and abided by, then the entire
sum menlionpcl in said note, and t{~is mortgage, or the enlire 6n~unce unpaid iltereon, sha~~ ~orthu~ilh or
therea~ler, at Ih~ option oJ thp mortga~ee, bpcome ancl bp due and paya6[e, anytl~ing in said note or I~erein
to fhe conlrary notu~ithstnnding. Failure tiy the morlgagee !n exercise any o~ the rig{~fs or opfions herei~
prorie~~K~ sha~~ ~of constifutp n inai~~~r o~ any ri~hts or opfions unc~er saie~ nole or I~is morlgage accrue~ or
t~~r~a~l~r ac~•ruing.
~n ~itness ~~~~1~ tl~p said morl~a~or ~AS ~PfP11?IIO signet~ antr Spal~ II~PJP PfPSPfllS the
~~ay an~I yrar jirsf ahove u~rilfen.
Sig~ec~,_~ea~pcr an~ c~e~ir~rec~ in j~T Pr s cP o~:
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_.5::-.t`.~.r:£:S.` `._f ~~.2-. ~ •.l/.t.:._ . _ . f.:..._._....
~ Leslie A. Rayen Jr~
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Be ~ ly ]Y. Rayen '
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~ STA7'E OF FLOR1DA,
~ COL'\TY OF ~j+. LtJCIE ~
~ I HEREBY CERTIFY that on th~s day, bc(ore me, an
offi~ rr dul~• authorii~d in the Statc a(or~said and in th~ County a(oresaid to uk~ uknowkdKmenu~ pcnonaify appeared
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Leslie A. Rayen, Jr. and geverly_ A.--Ray~n,- -frt~--wif~;-----------------
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i to m~• known to tx the prrsonS d~xribccl in and who f%KUlfd th~ [or~qoinq instrument and th@y acknowled~ed
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~ lNfur~• ~ne that they ~x~cut~d the same. `
~ ~~'ll:\ESS n»~ hand and of(icial sral in thr (:ounty and Stat~~ last afor~said this ~ 3~ day o!
~ September a. n. i9 70.
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• NOTARY UBLIC, State of F rida
~ ~ ~ ~ ~ . : ~ : : FILEO AND~ RECOROE~ ~
~f~ ~ ST. LUCIE COUNTY. FLA t at Large .
~ - ~ . , ~2rC~~~ VFFI~'EC My commission expires: 4~- ~
~ . . - 1~88~1~
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" 'TO SEP 2 4 PM
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~ o~dF~~'
~ RO::ER i•QITRAS
~ CLERK CIRCUIT COURT; .
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1 %r~s II/SIR!!II['lll fllCfltlfi[! hy:
.~'~~r'~~ BOOK 187 PA~ .752
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