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HomeMy WebLinkAbout0020 ~ ' nnd shall ~/orm. complY u~ill~ and abide by PQC~ and e~~ery the agreemsnls. stipulnfio~a. cunditions nnd ro~~enants t~enwj, nnd oJ thi~ mot~age. Inr~ this mortgape and Ihe eatole i~e~+ebr c~reated, sf~all cease, de- te?minn nnd de null and i~uid. ~ILI~ fhN murtga~~o~ herntiy rurthp? covenanls an~ aprees to pny promplly when due ths principal nnd inferesl and oftier sums oj money provi~ecr ~or i~ sai~ nofe ond t1~ia mo?fguge, or etther: to poy a~~ ant~ sen~ular t{~e taxPS, assessmpnts, lni~ies, Iiabilities, o6ligafions. a~~I e?+cur~bmnres o~ every natu~e on sald pro- ~ perly: fo permil, commi! or suJ~er no wnste, impainrten! or c~eleriorofion oJ saii~ ~and o? f~~e improt?emenfs . ~ lhwron at a~~y lime: to RPPp ~~P buildings nou• or hereaJter on tuid land Jully in:ured in a sum oJ not Irss ~ t ttian ; in a t•ompany or compnntes nccepta6le to tl~e ntortgagee, lF~e po~cy or po~icies to 6~ heW 6y, ond ~~6t~ ; fo, sai~ morf~ngee, ane~ in the even! any sum o~ money becomes i,ayu6[~ 6y ~~i?tue or such insurance ttie ~ morfgage~ s{~aII I~ane Ihe rig~t to receive nnd apply tl~e sa~ne to the inde6tedneu hereby secured. nceountir~ , to ftie morfgagor (or any eurplus: fo pay a~~ cosls, ckarges, and expenses, inc~ut~ing ~nwyera (eet ane~ fif~e ~ 6~y paid 6y tRp rnorfgngee 6ecause o~ ttie ~ai~ure of the mortgagor fo prompt~y ~ ~ sParcti~s, rPasuna incune~ or ~ an~ (u~~y comply u~ilti ftie agreements, sfipu~atioru, con~{ilions and couenants o/ :a~d nore and ~hu mortgnge, i a.? eif~Pr; fo per~orm, comply u~ith and a6ic~e 6y eac{~ nnd every tl~e ngreements, stipu~afions, eonditions nnd ~ coi•ennnts s~t Jor11~ i~ said note and tl~is mortguge or either. In t~e~ event the mortgagor /nils !o pny w/een j } due uny tux, assessment, insurance premium or ottier sum o~ mone> payn6le by virtue o~ said note and this ~ s mortgage, or either. I~e morfgagee may ~y ftie snme, toifhouf u~nivt~~g or n~~ecting ftie option fo ~orec~osn ~ 4 or any olher rig{~f hpreunder, and all such payments sl~a~l bpar interest from date lhereof at Ihe highest Iau?- i 3 ~ul rate t{ien allou~ec~ by tf~e Iau~s o~ fhp ~tate o~ Florida. ~ ~ ~ )l any sum o( money herein re~PR~ IO be nul promptly paic~ u~it~?in ~nys next n~ler ~ z tl~p same becomPS due, or iJ eac1~ and .~~~pry flie ngrevmenfs. sfipulations, con~ifions and covenants o~ said ~ nofe and ll~is mortgagp or either, are not ~ul~y per/orniet/. complied witl~ and a6~d~t 6y, tl~en ll~e entire i sum menfione~ in said note, an~ fl~is mortgnge, or tl~e entire bn~unce unpaic~ f6ernon, sha~l ~orthwith or ~ ~ ftiereaJler, uf ftiP option o~ f~e morlgagee. ~ei~ome un~ be due nnd payn6le. anytl~ing in saic~ nole or herein ~ ~ to ttip contrary nolu•il~sfantling. Failure by ftie mortgagee fo exercise any of f{~e rights or op:toru herein pr.-~~•i~e~c~ sha~~ nof consfit~ifP a u+airer oj any rig~ts ar oplions un~I.~r saicr note or ftiis enortgage nccrued or I ftierra~ler ~ccntina. ~ ; } ( ~ tl~e said morlga,vor f~as hPreunto si,qr.ed nncl spalc~ these presents fl~e ± ~it ~l~f1tSS ~~Of ~ ~ s ~~a~+ an~~ y~ar ~irst atioi~p II~ftI~P?1. i ~ 't ~1(Q/1PQ. tPQ~~ (1 ~P~II•P~ !Il ~~P P~PSPlICP Of : . ? ~ ; ~ ~ ti ' ~ , / c~l t[-c ~ t-• ~t ~L-et~~ I . f . _ ~ . • . . _ _ _ - ' - . _ . . ~ ~rP~~?eric ~~ar ~ , K _ ~ ~ ~,v~-~~~ 4, ~.t1 7 . . . ~ F . . . . . . - . . . . , _ L~~--7t.~ - - ~ar;,?ra r. ~o Fsar , ~ ~ : ' li - _ _ . _ - _ . _ . , s , . ; , _ . . . _ ~ ~ _ . . _ . . _ : - s i STATE OF FLORiD:1, t COL'\TY : ?F ` t . j.l2C'; o ` ( ~ ~ I HEREBY CERTIFY thu on this day, betore me, an ; vf(icrr dul}• au~hori~~d in th~ Stat~ aforesaid and in th~ Count~ afon~said to takr acknowlydqm~nts, p~nonally apprared , r r ~ i r^ L P ~ Y , ' l ~ F~ r= . 'A~ ~ .,~.~_r... r.~l_s~_ 3nd _.a__~~ra L. no~~. _r, his if_ I: ~ ~ ` y~ tu ~n~• knuwn .o tk th~• (x~rwn g druribrd in and who ~a~cut~d th~ fotr¢o~nq instrument and~i-'--Y acknowkd;ed ? { lxiorr mi- that ~ h=}' cxc~ut~d th~ sam~. ` ~ ~~~Il~\F.SS my hand artd official sral in th~• Countv ~nd Stat~• last afor~said this ~ day o( i ~ i t j~ :1. D. i9 ~l tl i V I 1! ~w=~'G.{.l./ C~/ _ . . _ - - . . i . ~ ~ ^t~ 'r1974 i !i . . . . . . ~ .~.fLtioi:Si ~ , try 21 i ' ~ 2,~. , f~lc0 dMp RECORDEO ~ ~ ST. LUCtE COUNTr fLA. ~ CLE KCC~2CUIT CGINtT . ~ PECOR~ vER~iIE~~,.,~,~,~ : ' ' I ; ~Itl ~5 ~O 49 aH'T1 } ~ . : ; ~ /i~~• Jr:+,r~,r~lr~t! f+r~f~.ir~~( ; ~/J c x , i . ~:;~~lrr ~ ~ ~ , ~ ; ~o~K194 20 ~ r , . ~ ~ t _ _ _ ~ ~ ~ . - _ ,._.__v.