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HomeMy WebLinkAbout2330 nn~ sh~U p~rjo~m, ~~mply ioith ~nd abide 6y ~h and PPPIy the aprermenls, slipulations, conditiona nnd rnren~nts Iher~oJ, and oJ this mo?t~a~e, If~en Ihia mortyape and t1~e estate I~p.p6y crpated, al~all c~ase, de- fprmine ant~ ~e nul~ ~n~ ~~oi~. n1j~ fhP mo~fga~~o~ hernhy ~urtl~pr covenanls anc~ uprees to pay prompl~y w~en c~ue ttie principa~ and inlp?+PS! ane~ olher siims oj money prooi~ec~ ~or tn saic~ nofe and ihis moHgage, or eilh~; fo pay a~~ and sinqul~r tl~p IA.CPS, QSSPSSIIIPAIS, lei•i~s, liabiliti~s. uhligafions, dRl~ PflCltfI16M/1Cps O~ every nafwe on satd pro- pprfv; fo pe~mil, commil or su~~er no u~asle, impairment or ~plerio~ation o~ saic~ ~and or Ihe improvemenis ftierncn af any fim~; lo ~e~p ftie hui~crings nou+ or h~rna~f~? on caic~ ~an~ ~u~~y instaec~ in a sum oj nol ~ess Ihan MAXIMUM INSURABLE VALUE ~ in ~ i~m~xtny or compani~s ac-ce~~fable to Ihe morfgage~, fhP policy or pojlcies fo 6e hptd by, nnd pnyn6le i to, sai~ moH~agap, an~ in ftie ~oenl any s~im o~ money 6ecomes paya6le by i~irfue o~ sucti insurnnce ttie mortgagpe 5~1UII ~At~P ll~e riqht to ~Pl'PII~P and ~PPIy I~P SAl11P IO I~IP l?IdP6~POI1PSS ~PMby SeC~, ucc~ounting fo fhe mortgagor ~or any stuplus; to pay n~~ cosfs, cJ~arpes, and expenses, inc~ucling lawyer~s 'PPS and fif~e sparcl~es, re~nsonatily incur?e<I or paia hy fl~e morfga~ee 6PCAUSP o~ ftie ~ni~wr o~ the mwlgn[~or to prompf~r an~ ~u~~v c~omp~y u~it6 Ihe agreemenls, stipulntions, con~ilions ancr c~o~•enants oj saicl nofe ana fhis morfgage. o~ eiltier; fo per(o?m, ~omply u~ifh and abitre 6y ench and every Ihe agrepmenfa, stipu~afions, conc~itions and ~ cor~nants spt /orfh in snid ~ote and this morfgage or eif6er. In tl~e ei+ent the morlgngo~ jails to {wy u~hen ~ due any tax, assessment, insuran~e premium o~ ofher sum o( money pnyable 6y i~irtue of snicr note anc~ this morfgage, or Pif~er, f~e ?nortgag~ may pay fhe same, u~ifhouf u~uiring or aj~ecting ftit option to ~orec~ose or ~ny o11?er right herPUnder, and all such payments sl~all 6ear interpst /rom dnte ttierro~ at tl~e I~igl~est ~au~- (u~ mle ftian a~~ou~e~ hv fti~ ~aws o~ itie Sfale o( f'~oric~a. ~L Rny sum o~ monev tie?Pin re~erre~ fo be not prompl~y paic~ wiftiin thirty doy: next a~fer fhP samP heromes due, or i~ eac6 and every 1he agreempnls, stipulafions. conditions and co~~enanls o~ saicr note and this mortqaqp, or eit{~er, are not ~ully pe~rjormed, complied u~il1~ and a6~ded 6y, tl~en the enlire sum mentionPCl in said notp. and Ihis mortgagP, or the entire balnn~e unpnid the?+eon, shnl~ ~oMhwitl~ or t~erea/t~r. af fti~ oplion o~ fhe morfgagee. ~ecome an~ bp due and pnyable, anything in saic~ note or {~erein fo fhp conlrary notu~iltislancling. ~/'ni~ure hy ttie morfgagee lo PXPTCIJP any of f~e rig~fs or options tierein proi•iclec~ stia~~ not consiilufe a u~aii~pr ol nny rigtifs or oplions under sai~ nofe or ttiis morfgage accrued or ltierFa~fPr accrui~~g. ~n ~~LlIL,.7 fV~O`~ ftie sai~ mortgagor E~as tiereunfo siynec~ ant~ sea~ec~ ltiese presenfs t~e ~ap anc~ year ~irsf AnO1~P u•rilfen. Signpc~, s an~ c~p~ir in fhp P /lCp o~: i I • ~ , ~ - - - - - . - _ _ - . - _ . ~ ' F ~ - i ~ „ ~ Elbert G. Ledlow ~ _ ~4 . l ~ ~ _ ~ . _ . . - ~ - - - ' ' s ~ ~ ~~s~~_ . . . _ - ~ _ _ I _ _ . ~ ~ E ie S. Ledlow R _ . _ . . _ . . . ~ - i F € ~ - k4 ~ f ' ; STATE OF FLnRIDA, ~ ' ~ C(~l"\TY OF ST. LUCIE ~ ~ i~~EREBY CERTIFY that on this day, beforc me~ an 5 ~ 3 of(ic~r duh• authoriz~d in th~ State afo~esaid and in tht Cocntc aforrsaid to tak~ uknowkdgm~nu~ penonaUy appeared ~ ~ ELBERT G. LEDLOW and EFFIE S. LEDLOW, his wife, ~ to m~ knoa~n to br the person g d~urib~d in and w•ho ~~.rcut~d the tor~qoinq instrument and they ~~~~w~R~ ~ ~ ~ br(or~ m~ that they ~x~cuted th~ same. ~ ~ N'11 \ESS mv hand anci o(ficial stal in th~ (:ountq and Statr last aforrsaid this Q!~•9t ~ ; • i March A. D. 1971 . ' ~ - ~I~' . ~ f r~~EO ~NG ~EC It E~ ' . C - . _ ~ . ~ ~ tt. ~uc~~ cauM~r ~ ` ' R r~QiTA~S - ROCE N ary Public - State ;of` F idgi,: CIERit C+~CU~T COY~T 1~ at Large. ~ c, aECO1io rEati~EO.~ = ~ - • ~ ; ~ My Co~nission Expires~s.'~ • . _ y ~ !~t ~0 11 ~a ~M 1~ ' • ^ ~ : 3. 9. ~Z . ; s ~ 4~ ; 205730 ~ , r 3~ ~ ~ ~ ~ ~ cl ~ Tr %lris I~rslnimFnl prrpnrr~/ hy: ~ _ .,~~~,~n~~ ~ ~ ~90 ~326 '>3 I euC~ l - ' I ~ r5 ; c ~ - ~-c~?_ ~ ~ .m... . . . . . " - " ' _