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HomeMy WebLinkAbout1473 ~nd shall per~orm, comply u~i~h and a6ide 6y ench and eaery the apreements, sttpulutio?is, conditions nnd corenanfs IF,erNOJ, and oJ Ihis mort~a~e. Ihen ~{~is mwtgnge and tl?p eatate here6y c?eated, shall cPase, de- te?mine anrl 6e nul~ and iroid IhP morlgo~o~ {~Pn+tiy ~url{~e~ covenanls nnc~ agrees lo pay prompl~y w~en due Ih~ principa~ and inle?rsl anc~ ol~~er sums of money pro~~ic~ed (or in said note and lhts morfgage, or eiltie~: lo pay a~~ and sinflular 16e t~xes, ns~essmPnls, IPI~IPS, lia6ililies, o6ligafions, and encum6?nnces oJ every nnture on aaid pro- pp?fy: to pe?mil, commil or suj~e~ no u~aste, impairment or c/eteriomfion oJ said ~and o~ the improvemenl~ I~~prn~~n af any fime; fo ~PP~/ I~Ip httiltlinns now or ~erra~l~r on saic~ ~an~ ~u~~y insurecl in a sum o~ nof ~ess ~han - - - in a rom~wny or companies ac-c~pfa6le to Ihe mortgaflee, !he po~icy o~ po~icies to 6e held by, and paya6le to, sni~ morl,yagee, an~ in thP enent any sum oj money 6ecomes ~ya6l~ 6y virlue oj such insurance !he morfgac~re shall ~a~~e Ihe right fo rc~•eiro and apply Ihe same 1o tl~e inde6tedneas hpre6y secured, ace-ounting •to f~~p morfc~a{~or ~or any surplus; fo pay n~~ costs, cha?ges, and expensea, inc~uding ~au~yer~s jees an~ lil~e tpq/('hPS, fPASO1IQ~IV II1CIIfrP(~ or paic~ ~y f{~e morfgaryee hecause of f~e Jai~u?r.o~ ttir morfgaflur fo prompt~y ane~ (u~~y comply u~ifh the agreemenfs, sfipu~afions, con~~itions anc~ coi~enanfs o( saic~ note an~ f~ts morlgage. or pif~~er; lo pvr/orm, comply u~itl~ and a6ide tiy eacti an~ ~very 1{~P ag?eemenls, slipu~alions, condilions nnd cor~n~nts sef ~ort~~ in saic~ nofe anc~ tnis morfgage or either. ~n Ihe c~i+ent fhe mortgagor fai~s to pay wtien due any tax, assessmrnt, insurance premium or other sum of money paya6le 6y i~irtue oJ said nole nnd this mo~tpnpe, or eit~~er, fhe morfflagee may poy fhe snme, u~ithouf waiving or ajJPCling ftie option fo ~orec~ose or any oiher rit~tit {~Prvunde?, and a~l such payments shall bear Intprest /rom dafe Ihereo~ at fl~e hi,qhest Inw- ~1/~ ~AIP ~~PII Q~~OU~B(~ hV ~~P ~Ai1~5 Oj ~lIP Sfafe Of I-~O~I~Q. i` any sum o( monev herein re(ene~ to tie nol prompl~y pait~ wifhin thirty ~ays nexf aJfe? f~~~ same hecomPS aue, or i~ eac~ aricl ei~ery II~e a~rremPnls. stipu~alions. concrifions anc~ couennnls o~ said note and this morfgnyP. or eifher, are not ~ully per(ormed, complied wilh nnd a6ided 6y, lhen fhe enfire sum mpntioned in said note, anc~ tl~is morlgage, or fhp e~1ire 6n~ance unpaid tl~ereon, sha~~ ~orfhwith or ttiereajfPr, af the oplion o( Ihe morf~ageP. ~ecomp anc~ tie due and payable, anyf~ing in said nate or ~e~ein _ • - -to t~e~~t~a~7resttt*tt~tattmr+ing:--f'nr~r~re~-~v-t~~Yrtort~aqet?-to Pxemise-artr-of--l~e-seg~ts-oF-epti~asa-~sa~ia-- proi~i~~cl s~a~~ not consliiufe a u~aii~pr o( any rip~fs or options uncfer suie~ nofe or f~is morfgage accruec~ or ltierPajtPr ~cc?uing. ~n ~itness ~~~~t~ the said morfgaqor tias {~vrpunfo signed and seale~ IhPSP presenls Ihe cray nricl y~ar (irst aho~~e u~?ilfen. Signp SPqIP(~ anc~ cre~i~~erecr i~~ 1 pres ~ ~e u~: . . ` , J~`~ ~ . i//-. . ..._~1. - ~ - ~ . ~ ~ John M. Lang~~i'• Trustee ~ - . . - - - - _ . . ~_.~'~G. 4'4f ~ G. ..ti': . . _ _ _ _ . _ _ _ . . . . . - _ _ _ . _ . . . . . _ _ _ _ _ . _ i i ~ $ ~ STATE OF FLORID4, ~ ~ cut•tiT~• c~F , ST. LUCIE I HEREBY C:ER7'IPY that on thi~ day, be(ore me, an offir~r dulv authnriz~d in th~ Statr afor~said and in th~ County a[or~said to tak~ acknowkdRmcnts~ pcrsonally appeared John M. Langel, Trustee ~ to mc- knor.n to be thr prrson dtse-ribed in and who ezecuted th~ (or~qoinq instrument and he acknowkdRed brfor~ illr that he ~x~cuted the same. ~ ~~'17~tiESS my hand and o(ficial seal in thc County and Statr last aforesaid this Sth day of ~C O~~ D- 19 7~. ~ ~ ~ ` ^c. 't~ t;. -.-v ~ -c.~ ~ c. . ~ OE~ _ . . . _ F~~Ep AND REC~R NOTARY~~LIC, State of orida • - ST. I.UC~~ ~~,Ur,TY~FI-A• at Large. • ~ . - . _ ~ My co~nission expires: ~F r~` 4/7/74 ~ , , ~ . _ . . - c3c,~3r~,~ ~ ~ : . . ~ M 3 : Spn~ ~ ~ - '70 OC~ 5 p ~ " ~ ~ - ~ - ~ ~arc CtRCU1T COURT ~ C~E ~ !lui L,~n~?,~~»i p~p~~rrJ by: 8t~c~t,~ ~ :-1~f~1,~~ c~ ~~~`3 - ~ - _