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HomeMy WebLinkAbout2990 an~ s~a~~ ~r~wa~. ~wmp~y u~it~ an~ abi~p by eo~h anc~ ee~ery ftie aBrEemenfs, tfipu~alto?is, cone~ifions nnd roi~e~~anls tl~enr~~. and u( thts mort~age, tl~en fhis mo?tg~~p and 1Re estate hp.p6y crmled, sl~all c~ws, de- IPrmi~~w ~~e~ be nu~~ an~ ~~oi~. ~iiN~ ftip ~nwfga{~or hP~i~I~y ~urll~er covc~nanta an~ agrees to pay ~x~omptly wl~en due !he p?incipol and _ inferrst anc~ oltitr sums o~ mpney prot~i~I~ jo? tn said note and t~lt mo~tgnge, or eiftier: to pay a~~ dnd sinpular fl~e t~.rps. assessme~fs, lri~iPS, liabilities, obli~al~ons, and encumbmnces o~ every ~ut~ur on aaid pro- ~ perty: fo parmil. commit or su((er no u~aste, impai~r?eent or c~cle~ioralion oJ saicl Iand or fhe impro~~e~nenfs • thprr~~n at any time: l0 4~n ihp biiildinqs nou~ or hereajl~r o~~ said land jully insurecl in a sum oJ not Iess than - in a companv or companips a~crpfa6~e to ftie mortga~~e, 1~~ po~iry or po~icies to 1,~ I~pld 6y, an~~ ~yo6l~ fo, soid morl~agee, anc~ in Ihe event any sum o~ money ~ecomes paya6le 6y atrtue oj such insw+ance the mortgag~e shall have Ihe rigl~f fo ?ec-eiire and apply the sa~ee to tl~e indetifedness 1?ere6y secured, aerounting fo ftie moiiqa~or ~or any surp~~u: !o pay n~~ eosls, c~a~les, and expenses, i~c~udi~g ~nwyer s~e~s and tll~e sea~rtips, reasonati~y incune~ o~ pai~ by ftip morlgagee bec4iue o~ the jailure o~ t~e ~orlgagor to. prompf~y an~ ju~~y comp~y u~il~ ttie agreemenfs, stipu~afions. con~iliores arul rni~nants o~ saic~ nofe an~~{~is mo?tgnge, or eif~er; fo per(orm, romp~y u~ilti an~{ a6ide by each and l't'Pty IItP agreemenfs, sfipu~utions, corclittons an~ coi~nants set forfh in said nofe anc~ this mo?tgnge or eithe?. In f~e event t{~s maigag~r ~ails to pay u~ken - due nny tax, asseument, insumnce premium or ofhe? sum oJ money puyablp 6y ~~i?tue oJ said nofe nnd t6is morfgage, or Pil~~er, ttie mortgagee may {wy fhe snme. u~ilhout u~aii~ing or a~~ecting ttie opfion lo jo~ec~ose or any other righf I~errunder, and a!l sucl~ paymenls shall 6ear inte~resl /rom t~afe t6erroj at tl~e I~igF?est law- ~It~ MIP IItPI1 q1~Olt~~ ~V I~P -IUUi! O~ ~IIP SI~~P O~ F'~O~t~a. l` any sum o( monrV tierein re%rreKl to 6p nof prompfly pait~ u~if~ein days nexf n~ler fhe somP ~e~-omPS ~ue, or i~ eacti and PI~PI'y I~P ag~PE~MPI1iS, stipulufio~is_ ronc~ifions ancl coverianfs of soicj note and t6is mortqage, or eil6er, are nol jully ~erJormecl. complied with nnd a6ided 6y, tben Ihe enfire sum mentioned in snid notp, nnd this mortgagp, or t1~e enlire balance unpnic~ thereon, sholl jorll~wilh or t~erea~fer, af opfion of I~e mwfqagee. 6ecome and be due nnd paya6le, anyt~ing in said note or herein to fhe rnnfrary notu~if~sianrling. f~ailure tiy ftie mortgagee !o exercise any oF the rigtits or oplions tierein proricle~I sholl nof consfilule a«•aie~er oj any riq~fs or opfions unc~er saie~ nolp or ttiis morfgage accrued or f~ereaJf~r accruinq. ~n ~~LII~ ~~Ol f tl~e said morfgagar 1~as F~preunto signecl ant~ spn~e~ these presents Ihe ~ay anc~ year ~irsf a6ove u~rilten. _ _ Sig , e a dPlirerecl in t1~p presencP o~ . i , , - ' " ~ ~ i~~'~~~ / ' ~ - - • • - - I ~ ~ - - . _ . l . . - ~ ~ ~ STATE UF F1.ORIDA, ~ COU~TY (>F ST. LUCIE I HEREBY CERTIFY that on thia day~ betore me. an o(ficer dulv authori:~d in the Statr a(oresaid and in the Count. aforesaid co tak~ acknowkdAmena~ prrsonalir appeared ~ AL POLIZZI to me k~own to br th~ prrson dcscribcd in aad r.ho ~arcutrd th~ Forc~oinq instrument and he acknowkdRed befor.• me that he e:ecuted the same. ~~IT~iESS my hand anci of(icial seal in th~ (:crunty an.i Stat~ last a(orrsaid this 14th day of , July A. D. 19 71 i . . ~ ~ . - ~ 2 ,~%'"c•. .~.L~ ,.-C~Ct:.~._.. . _ i l 21~ . ~ / ~ V ~ F lE0 RMC dECORQEp _ ~ S~.lUC1E CO{lMt~ FIA. ~r et~e~:c sTa.sE cF ~~cr.~r•a ns t Aqelt ROGE~ ~OITR~f sar~•.:-. . CLERK CIIiCNIT COY~t '~RIIL ltHSURANCE UNDE ~'RWRlTE~59 jHC. ItECORb YERIFIEO.~.~•~ ~w. i~l 4 ~ ~M'7 i - - ~ ~ > ~ ~ 'r • ' ~r ' - _ ~ . - , . . I 1` - . - . 1'l~tr Inslnunr~rl Prr~rur-~l bv: - • • . ,~~~~i~R'~S This inetrument Y:: ; Ft~•-.~:d hy: " C. R. McDONALD, JP,., A1'o:e~y 1 (,'it:x~n~ f~dual Bui:d:nq (1 ~ ~¦Nw¦ 1 r' ° [I~.J~ 1;LS0 _ - ~ lJ t /~IJt~