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HomeMy WebLinkAbout0867 and shall per~orm, comp~y wil{~ and abtds 6r encl~ and ei~ery f~s agreemenli, ~tipu~afioris, condlliona and conenants the?eoJ, and oj Ihts mortflaae, lF~en Il~is mortgage and the e~tal• l~eroby croated, ahall ce~as. d~- lermine ancr I~e null a~~I twl~. ~ nl~~ t~P morlgagor hp?~+by ~urthe~ co~~enant~ and agrees to pay promptly wh~n du~ tl~~ p?inctpnl and tnfeersl a~d olhe~ surru o~ money provtded ~or In said nofs and t~li morigage, or etltiK: fo pay a~~ and singu~ar 11~e ta.rps, asseasments, ~eutea. ~tabt~llies, o6~Jgafions. ond encumbrnncea o~ ~usryr ~alure on aail~ro- perty; fo perm~t. commtt o~ su~~er no wasfe, lmpai?ment or detertomtlon o~ .atd bnd or itie tmproveme~la Iherecn af any lime; fo ~PPp IhB buildtngs ~ow or herra(t~r on satd land ~u~~y lnsure~ in a aum ol nof ~eii Ihan tn a company o~ companie: accepfab~e fo ftie mortgngre. Ihe po~tcy or po~icles l0 6e heid br, and paya6l~ to, sola morigagro, a~cl in f1~e evenl any sum of money becomes ~ya6ls 6y uirfu4 bf auch lnsuranca f~e mortgag~+ shn~~ tiuve t~e righf to receive and apply Ihe aame to th~ inde6tedneu hero6y ~ecured, accounHng fo t{~e morfgagor (or any surplus: fo pay a~~ cosfs. c~a?ges, 4nd expen~es, inc~uding ~awyer s Jeea and ttf~e searchPS, reasonati~y incurre~ or ~,td 6y el~. mo~9a~~s because o/ ths jal~uro o~ tf~e mortgaeor fo pron~ptly and Ju~~y rnmp~y wi11~ t1~e ag~ments, sfipu~aftons, condtlions and covenanli of aaid note anc~ ftiis moNgag~. w eill~er; to per(orm, comply witl~ and abide 6p each and every 11~e agreen~enls, sfipu~afloru, rnncriNona and co~nants sel ~orth in aoid note ~d iht~ mo?tgags or eifker. ttie event !hs mortgagor (nira to pay when due any tax, assessmenf, tnsu?ance premium o? oftier sum of money paya6le 6y virfue o/ said note and f{~b rnortgage, or eilher, ftie mwtgagee mny pay ttie same, without watying or a~fecling the optton !o (orec~ose o? any ofl~er ?ig?~t I~ereundpr, and aII sucl~ payments aI~nII Geo~ tnte?rat je~om dnte fherro~ at fk~ I~tghest law- ~u~ rofr Itien a~~ou+e~~ hy Itie ~au~s o~ f{~e $tate o~ F~o?i~a. ~l any sum oJ money I~erein rn(errecr fo be not prompl~y paid within ~ c,ays rtsx! n~fer fhp same? 6ecomes ~ue, or i~ eacti and every fhe agreements, stipu~altons. eonditions ancr eovenanis o~ taid note an~ Ihis morfgage, o~ eif~er, are not ~u~~y per~orm~, c~omp~Iecr wlfti and a6tded 6y. lken fhe entiro sum n~entione~ in suicr nofe, and t~i: mortgage, or ttie enfire ba~nnoe unpaid iher+eon, a{~a~~ ~orf~witti or thereaf ter. AI ~~P option o~ tl~e mortgagec+. 6ecome and be due and parable, anyll~ing tn aaid note or I~erein fo !he contr+ary notu+ithsfanding. Fa:lure 6y the morfgagee to exer~ctse any oj fhe rig~ii or opttons ~erein pro~~ided sha~~ not constifute a u~aiver o~ any righfs or opfions unc~er sui~ nofp or t~is mortgage accnted or f~ereaJfer accruing. ~n ~~~II~ ~~Dl~ ttie said mortgagor has IIPI'PIlflIO SIpRe~l antl spalecl theie presenls the c~ay an~ year ~i?al aho~~e u~riflen. $igne . eg~qd anc~ ~e~inerec~ in f{~e presence of : J~ . ~ . ~ ~ , ~1 ~ 1 / 7~ ~~r --"Y / G~' ' C~ ~ ~ ~i ' .._...'(vC~'- 7-'I.tJl'? ~ - ' ~ ~ ' . ' i ~ i ' - ~ ~ STATE UF FLORIDA. ~ ~ c~~~r'rv oF St. Lucie I HEREBY CERTIfY that on this day~ be(ore mq an otti«r dulv authorized in the Stat~ aioresaid and in the County atoresaid to take acknowledgmenb. personally appeared JEAN GUY GAGNON to me known to br the pcnon described in and who execut~d the for~qoin~ imtrument-and he acknowkdRed beforc m~ that 1'1@ ~xecuted thc same. NI7:tiES5 my hand ancl o(ficial seal in thr County and Stat~ last a(oresaid this ZSt day ot Sept. A. D. f9 71 ~ . ~ , o~~,~ap~0 ~ ~ 4 y,~._ ...~jy f~~' ~ S~~~U,,,E~.P~y~`a~s t ~ ~ Po~ t- ~ ~t co~~ ~ ~~ERK cF~~~EO NpTpRy PUBl1C STATE OF FIOv.~D13~ 1974 ~E R~ a'vE M MY COMMI5Sl(1N fXPiF~ 11 38 C~NERALlNSURANCE UNDERWR~TERS. INC. 2 S~ - , . . J ~ ~ / - II~~~~~~~~••; f/~ ' r' J • • J••`' '~a ~ • v~' ~ : ~ ~ _ .y; ~ - ~ , %7irs Inurumfi~t prrprtrrd hy: ~ t n.~ ' .i~~lfr..:~~..!7'~~~, Th!s Inatrument Was Prepared Ely: C. R. McDONALD, .!R., A41orn~r ~A~~~ ~ Cifis~o~ F~d~?~1 Bu~ldiny H. P7~rc~, Fto.td• )I450 - .