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HomeMy WebLinkAbout2150 an~ shall perJorm, comply u~itf~ a~~d a6~de by each and pvery the agreemenlt, stipulnJions, condilions nnd co~~enants Ihereo), and a) Ihis mortgape, then this mortga~~e and Ihe P~~Q1P hp~6y created, sf~all cpase, de- fp~mine an~ he nu~~ an~ ~~oic~. ~11f~ tl~e morfgago? l~en~by ~wti~er covenants nnd agrees to pay promptly whe~ due the principal and inleresf nnd olher sums o~ money provicled fo~ in saie~ nofe ancr ttii~ mortgage, or either; to pay a~~ and sinnu~ar Ihe taxee. Qssessments, ~evies, ~iahi~ities, ob~igafions, ancl encumbrance~ o~ every nature on said pro- pe?ly; fo permil, commit o~ suJ~er no u~aste, impairmenf or c~eteriomfion of saic~ ~and o~ t{~e improvemenfs fl~preon al any Iim~; ~o k~~p ~hp buildin~s nou~ or hernaJter on aaid land fully insurpcl in a sum of not less 1{~an in a company or cnmpnnies accepla6le lo tl~e mortgaAee, the policy or policies !o be helcl 6y, nnd paya6le to, said morfga~ep, and in t6e e~~ent any sum oJ money 6ecomes ~ya6te by virtue oJ such iruurance tl~e mortgo~Pe shall {~a~~e Ihe right to ~PfPII~P and npply the aame to !he inde6tedness hereby secured, aceounting to f~ie morfya~or ~or any surplus: fo pay a~~ cosfs, c~a?pes, and expenses, inc~uding ~awyer~s fees and fil~s searr~PS. ?pasonati~y incunecr or paic~ tiy f{~e morfgagee because oj 1{~e (ai~ure of ttie mortgagor to prompt~r anc~ f u~~y corrlp~y u~i11~ the a~reeme+~ts, stipu~ntions, conc~ifions and covenanfs oJ said nofe and tkis mortgage. or eifh~r: to per~orm, romply u~il{~ an~ ahicre 6y each and every the ag?eemenfs, stipu~afions, conclifions and corenants set ~orlti in saic~ nole anc~ f~~is morfgagp or eifher. ln 1{~e evenf !he morlgagor ~ai~s fo pay wken c~ue any fax, assessment, insurance premium or otl~er sum o~ money payab~e ~y airtue o~ snid nofe and fhis morlga~p, or either, 1~~~ morfga,qep may pay itie same, withouf u~alving or a(~ecting Ihe oplion !o ~oreclose or anv alher ?ight hprpunder, antl aII such paymenfs stiall bpar infPrest (rom date thereo~ at the highesl ~au~- (u~ m1e~ tlu~n ol~owe~ tiv ftie ~nu~s of Ihe Slale o~ F~o~i~n. iL any sum oJ mor~~y herni~e rP~erre~ fo be not promptly pnic~ wilhin t~112'L~? t~ays next a~ter fhe same b~~comes dne, or i( e~ch and ei~ery fl~e agreemenfs. stipulalions. contlitions ancr couennnts o/ saiel , notp and il~is morlc~a~P. or ~ilher, are not )ully perjormed, c~mpli~ with and ab~ded 6y, then the entire suin menlioned in said note, a?id tf~is mortgage, or t1~e entire 6alanee unpaid fhereon, shall forthwill~ or tl~prea(tpr, ut thc- option oj Ihe mortgag~e, 6ecome and 6e due nnd pnya6le, anything in said note or herein fo Iti~ ronfrary notioil~~sfancring. Failure 6y ~hp mortgngee to exercise any o~ t{~e rig~fs or options herei?t pro~•i~f~c~ sha~~ nof rnnslilul~ a u~ai~~er oj any ri~~fs o~ opfions u~c~er saic~ nolP o? this morfgage acrniec~ or I~~rr~(I~r accruing. ~n ~~~~5 W~~O`~ I~~e sai~ mortgaqo? ~as hPIPUIlIO S!(~IIP~ AR~ SPUIP~ ~~PSQ pMSPIlIS the claV an~~ ye~r (i~st a~~ot~e u~rilfen. ~ _ SItJI , S d~P~ A?1~ ~PI/I~P~P~ 1/1 ~hp PIPSPI1fP O': ~ J . ~ . ~ ! - {i/j:'/f~..L~,----'--~----'.'-.-'.'---~-- , - ` - ? ' - ~T ',-d~~...-'---'-~ ~ ~ . ~ ~ ~c~-c~ -c-- . _ . ~"~_'2-~=--. . . J - . _ . ~ - - - - ` - - - - - - . ~ ~ _ - - - ~ - - - - ~ E ~ ~ - - - - - - - - ~ - - - - - - - - ~ ! ~ ~ ~ STATE OF FLORID.~1, 2 ~ Cc)t'~'TF c)F St. Lucie ~ ~ I HFREBY CERTIFY that on this day. Eefore me, an > offi«r dul}~ authori~~d in the Stat~ aforcsaid and in the County a(oresaid to tak~ acknowledqm~~u, p~nonally apptarcd f ~ JO Y YATES MORRISON, joined by her husband, ALEX MORRLSON ~ to m~• known to ~ th~ prrson Sd~urib~d in ~nd who rXCCOtfd the for~qoinq instrumrnt and they acknowkdged ~ brfor~ me that ~le)/ ~x~cuted the same. ~ ~\'IT\F.SS my hand and official sral in th~ (:ounty and Stat~• l~st a(orrsaid this 24th day o( ~ ~ ~ February D- 19 ?1 ~ , ~ ~ ~ . ; ~ i ~ , • ' ~_~N^ Vyu.. .W.._ . . . . \NY:rI~..~.~V~t-~...' ~ ,.,y . - ;F 1 ~ =tATF nFrflOR~n~ ~T l~~s~ ~ F EB. 1972 ~~co W• OfE3*6LNOA•s , /OT~~1 MISSION ExP1;~.. ( ~s MY COM MDED 1NAOVOM T~ ~ .:~~'~.i~'•: r~~ea ~MO ~EC~ ~ ~ ± :~~.,;~i, , . :LWCIE COUN ~ ~ i N • ,Y './q ~ ERR ER POITRA ` ~T'4 R = cc. ciACU~t cou~?t i = • ~ ~ ~ .•~i , s w s 4ECOR0 YEItIF1ED ~ ~ " ~ ' ' 'o- : c= s ' ; ~.:pue~..~a:~r = ~ 8 I 42 N'1~ - I ~ ~ ~ . . ~ `(:'R1Ca ~ ! ~ , 2U55:~~ ; ~ ~ , eoac~~ i ~ ~ ~ A , , ~ . _ ~ : ~ z~ . _ U.._ . _ - ~ < ~ . _ _ a.._~;~~