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HomeMy WebLinkAbout0980 _ ~ 3 : an~ sl~all p~??Jorm. rnmply a~ill? und abid. by ~6 ~d e~~ry tl~~ apnsme~ts, iNpulalloaa, co~diliona a~d roi~enants Ihe?eoj. u~d oJ Ih~s mo~tgag~, f~tn ll~is n~wtgo~~ and Ih~ ~~tat~ k~nby cwat~d. al~all nw~. d~- tMmt~e and bs null ond ~wid. ~ 11I~R !he mwfgagor ti~n+by (wthe~ covenants and ogn~s !o poy pron~Jftly wti~n ~Iw iIN prtnclpol arul ~ inlerwsf ond ofhK aums o~ mon~y pro~~ic~~ ~or in :aid na1R a~d f1~is n~orfAaee, or stlh~r; fo poy o~~ and ! singu~ar !tie faxps, asspssmsnfs, ~evies. ~iatii~itles, ob~lgalions. ant~ encu~n6?~nnc~! o~ ei~e~r nalun o~ sa~d pro- ~ pe?ty: fa permll. commlf or suf~K no waafe, tnywir~nent or deferiorofion o/ sard bnd or Ih~ t~nprowm~nts ~ th~n at any timp: !0 4~rp Ihe buildinps nou? or tiawa)te? on said land (ully insured in a~um~ a~ not leas I~an i~ a company or campanies accrpfalrle to tl~e mortgagee. Ihe poltc~r or policies to 6~ h~ld 6r, and papabl~ fo, said morfgapee. ana ln il~e eiK?nt any sum o~ money ~c'ornes ~ya6le 6y virtue oj sucti tnsurancY i~~ 1pON9Q~PP :holl ha~~ !~n rigtif fo ?eceiue and npply Ih~ ~ante to tl~e indeblednsss I~ereby secured, nccounftng to Ihe mortgnnor ~o? any ~urpltts: fo pay a~~ costs, charges, anc~ expensPS. inc~udiug ~aw7?e~ s~ews and tit~e ~ iearrtirs. rPasonati~y inc~u.~ o. ~,~d 6y ~l~P morfgagee ~rcause o' ftie ~ui~urr o~ ftie ~norfgngor to pwmptly and f u~~r conlp~y u~il~ Ihe a~?eenspnls, slipu~alions, conc~ifions anc~ covenants oj sad note and ll~ii n~ortgap~. i or eil{~e~: fo per(orm, comp~y u~ilti and a6ide by eac{~ nn~ every !he agreemenfs, stipu~nfiont, conditioni ond i c~o~~cnanls sef ~orfk in sai~ nofe anc~ tj~is mo~fgage o? etlher. /n ihe euent tl~~ matgogo? (ni~s fo pay w~sn ! dup any fax, assPUmPnf, insiuanc-e premium or othor siun o) nioney pa~ra6le 6y t~irlue o~ sntd nole nnd f~is morfgag~, or eii~~, Iti~ morfgagee may /wy Itie snme~, u?[tl~out woiuing or o~jecfirtg t{~e option fo ~orec~ost or any all~pr ?~gtif I~prPUnder, a~~ UII Slll'~ jN!)IIIPIIIt S~aII PMf ~Il~r?PiI'rom clate tltereo/ at ~ke I~tgheat !aw- ~~d mte thrn allou•ed by tleP la~ns o~ th~ Stntp of Florida. Sl any sum o~ money tierein rr(Prr~ fo hp nof promptly pai~I wifhin ttllYtji dnya next alter il~e some 6rc~om~s dap, or if encl~ and pi~ery the ag?-eements. sfipulalions, condliions nnd covennnb of said note ond fhis morfgage, or eillipr, are not Jully perJonned, cymplied witl~ and a6ided by, tl~ea the entirs sunt menftonecr in saic~ note, ancr Itiis mortgage, or the P~tir+e ~w~anoe ur~paid ikeeron, ,I~ati ~o.tl~wt~l~ or Il~erea/1Pr, al II~e opfinn oJ t6e mwtgagne, bec~ome and 6e due and pn~?a6le, nnrtl~ing in snid not~ o? he?e~n fo ItiP rnnfrary nofu~ithstanding. Failu?e tiy ttie mortgagpe !o exerrise any o~ f~e rigtib or optfo~u ~erein prari~w~ sholl nc,! rnnslifufP a u~airPr o~ any ri~I~ls or options uncler sai~I nolp or ftiia ntorfgage accrued or Itirr~~l~r occruing. . ~n ~(lll~ ~n~~~~ t{~r sai~ morfqaqor has hereunlo signec~ und spalecl the~ss presenls fhe ~up mi~ yc~r f int alw~~e u~riNpn. - i - Sign~cl, s~ and dp~inerecl in t{~e prrsencP o): ~ . - • . . ~ L'! ~ 1 ~t . <<t ~ ju, . " 1 ~ _ ~ . . _ . - - - - - - _ . ~ - - _ ~c.~'--~__-~.. , . ~~~f -~~--c.~..-~.--:~:-~_~~~.-.------~ ~ - - - - - - - - - . . ~ - ; ~ , . . _ - - - ~ - . ~ - - - - ~ ~ ~ ~ ~ STATE UF FLORIDA, ~ CoL'~TY c)F St. Luc e 1-- I NEREBY CERTIFY ehat on thii day. before me. aa o(fi~er duh authoriied in the Suer aforrsaid and in the County a(orrsaid to takr acknowkdqmenu, prnonaily appeaizd ~ i Bilbert M. Reader and Mabel Irene Reader, his wife to mc known to bt the prrsong d~scribtd in a~d who executed the (~n`oinq instrument and ~gy ackoor+kd~ed btfore me that they ~xrruted the samt_ 1ti"iT\ESS m}• hancl and o((icial ~at in th~ (:ount~• and Statr I~st a(or~said this 21 St dar o( ~ June A. D. l9 71 - • ~ . I ~i 21U~~~~ ~ i i , - - - - iIlEO 4MD REC~ROED ~ ST ~UC+E COUMtY fU1 : ~ ~1.~ . - - AOCEK P01TN45 • . CIERR Ci~CU1T COURT . =9 tt,~~f'-f' J' RECOa~ v~R~v~EO._._..._ _ ,.~i ~ ~ ' ~ I ~ 11 3 0~ ~1 1 I 3 ~ -~~~`~t = . : ~ ~ ~ . ~ - f i t~ i~ ; ~ a~oK 1y3 9 ~ ~ ~ t