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HomeMy WebLinkAbout0281 and shall per/orm, comply u~ilh and ahidp hy ~ch and ei~~ry !he agrnemenls, slipulalimu, conditions nnd eoiMnanfs ihereo~, an~ o~ i~is mortpa~n, Itien this mortgnge anc~ 11~P es(afe hereby createcr, sha~~ cease, c~e- fprmine an~ tie nu~~ an~ ~~oic~. ~ the mortga~o~ I~ere6y jurther c~ovenanls and ugrc~es to pay promptly wl~en c~ue Ihe prtncipal and IhIP~'PS~ and olher sums o/ mo?iev pronided f or tn said noto and this morlgafle, or either: to pay all a?~d ~ sin~ular ~lIP ~QaPS, aSSPSSII1Pf1~3. ~Pt'IPd, 1/A~)I~1~iPS. Ob~IAA~tO?iS. AR~ BRClIR16fQI1CPS Pf every nafurr on saic~ pro- I perEy; fo ~ermit, commif or suf Je? no u~aslP, impai~ment or ~eleriorofio~ of saic~ ~anc~ or f{~e improuements therewn al a~y time; to kPPp ~h~ 6ui~dings nou+ or hereajter on said land (ully insure~ in a sum o~ not less ( than 2p percent below appraised value of property in a eompany or companies a~Pta61R to tl~e mortgagee, the policy or policies to be hPld by, and payable to, said mortgagee, and in fhe evenl any sum of money bc~comes ~va6l~ 6y virtue oj suc1~ insurance the • morlgagee sI~aII I~ai~e f~e righl fo rec~i~•e ancj apply the snme to the inde6teclness here6y sc•curc~d, areounfing ~ to !he mortgagor ~or any surplus: fo {xry a~~ costs, rharges, ancr e~rpenses, incluc~ing ~au~yer~s ~ees anc~ lil~e , ~ searrhes, reasonab~y incu?recr or paid by Ihe mo~fgapee because o~ fhe f ai~ure o~ t~e mortgagor fo prompfly ' ~ an~ ~~i~~y comp~y u~ith t~e ag?c~ements, sfipulalions, con~itions anc~ co~~enants of said notp and this mortgugg, f or eiftier; fo per~orm, comply wilh nnd a6ide by eacl~ and ei~pry fl~e agrnements, stipu~alions, condilions and ,1 I~ coi~enants set ~orfl~ in said ~ote and t{~is mortgage or either. In the ea~ent the morlgago~ /ails to pny w1~en ~ c~up any tnx, assessmenf, iruwance premium or of~e? sum o~ money ~xiyabl~ 6y i~irlue of said note ancj t~is ~ morfgage, or eif~er, the mortgagee may pay thn same, wittiouf wau~ing or aJ~ecfing I~e oplion lo ~or~?c~ose ~ or o~y other right hereundpr, and al! suc6 paympnls shall 6par interest from date fF~e?eoj ut tf~e ?~ig{~est Iau•- ~ Jul rate the~ allou~ed 6y thp lau~s oj t{~e State o~ Florida. li i~ ~ ` 1f ~l any sum oj money ~erein ~efe~I to tie nol pr+~:npily paid wilhin thirty days next affer the same l~ecomes dun, or i( ench and ei-ery fl~e agreeinenfs, slipulations, condilions and couenants oj said ;f note and tl~is mortgage, or either, are not (ully perjorened, camplied wilh nnd a6ided 6y, then the entire ,4 sum mentioned in said note, and lf~is mortgage, or 1he entire balance unpaid t6ereon, shall (ortluuitT~ or ftierea~fer, af I~e oplion o~ f{~p mortgagee. 6ecome and 6e due and paya6lp, anything in said note or herein to fhe conlrary notu~ill?stancling. Failwr. 6y fhe mortgagep to exercise any o~ t~e rig~its or options ~te?ein proi•ic~ec~ s~all not constitule a u~nit~er o( any rig{~ts or oplions unc~er said note or t{~is morfgage accrued or i I~IPTPItJter nccruing. ~ ' ` '~i ' ~ 1 ~ +f n ~ ~~''~~~~~~~~~i 7.t . t ~ Z -ir'' ' C ~j~ 'i ~ + . ~ Q ~ ~ ~ ~ ~ ~ ; ~ ~ ;1: G~~ ' ; N ~~y: C~ ~i . _y •''f ~~n~~ h~ ' '~.•'J ~~(C~ORPORATE ~n ~•'~•s"~ t{~e mortgagor has caused f~~ese pres~•nts to ~E:1C1 6e execulecl in its name. ancl its corpomfe seal to 6e hereunlo af~ixec~, by i1s ! 1~ proper jicers f~ereunto cru~y aut~orizec~, t~e day and ye~ ~irst above u~riiten. i ' ` ATTEST • - - ~ : ~ - - RN~R-- C~R~IS~._...~i!IC,---------------------.....-- - € Jeanette Shaw ;j ` Signed, enled and delivered in Ihe presence o/: ~ ~ ~ ~ ~ ~ ' ~L'' ' ~ ~ H a I - - o F. Shaw ~ • FIIEU AM7 lIECOROtO " ;i N~ E ST. ~uCiE COUNtY FLA. ~ - R~CER POItRAS CIERK Ci~CU1T COIIR ~ ItECORO VEw~f1E0 i~ ~ fEe 9 10 4~ AN'71 ` Ii ~~AtP OL FLORIDA ~ ;f ST. LUC~ 1 HERFBY CERT(Fl' tlwr on ~6is day. belar mr. an ojji~n dul~ outMrizrd in t1~e ~tote arrl ('oun~r u/anrwid to ~uLr acbwu~g. ~ w•~bih BOB F. SHAW and JEANETTE SHAW ` ~ai ~,«.h to m. ~o ~ Pn~..~ o.,d Secretary .~,~.~~.n?y ~l• d,. ~.o~,~ ,~d ~ ~ ~ mortgopw in l~u Ja+egoing inslrumrnt. and i{wl l~ey~ Yrero~~~ ar~?w,ua~g~ ~i~cuiing ltie ~mr+r. in Itie pr?srnn o~ lao subwibng uilrwssss. ~rrs~y ond tro~unfan~p ui~rr auttiwih ~u~r trs1~ in ltirm dy soid corporo/ion an~ I~o! Itie sra~ u~~i~n~ I~vnlo is Itir frut ivrpdutr fw~ o~ ~c'; ~ sai~ co~porotso/?. ~ . Wfl'~F.CS mr M.d o.~d a{/K;d :d i1K C~ir ~d ~iar. l~ oJa.~.w~d J~:_. 3~ da~ d February _ ; A n. ~071. . ~ ~ _ ..a~l.11~ . , , ~ , . • ~ - v : U ' ~''s. ~.~!e~,rc-c~ ; . ~ ~ d`a ~ - 9act,~~sd a; ~::'Q - Notary P i, State of Florida ~ ~ - -s' ! . at Large ~S O I ~ ' . . , . - ~ : . ~ . ~i'•..Z Q.` °r:~~ . ~ =:~~i.,• . My Camaission F.xpires: l~~ ~~~s . S1A~~ ;.ti..~. ~ rz I I s ~ = ~ 1~+utar...~ • ' i . ~ ~s ~o~ s~u z~o ~ ~ _ - ~ - ~~1~