HomeMy WebLinkAbout1507 ~ ' i
( anct sl~all perjorm, c~omply wilh ared ebede by eac1~ and euery Ihe agreements, slipulalions, condilions 4nd }
covenanfs tl~ereo/, and o) lhia mo~tgage, IhQn tl~ia mortgage and the estate hereby c~eated, shall cease. de- ~
terr»tne and 6e null and void. ~
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~ the mortgagor hereby /urlJ~er covenanls ond aereei to pay promptly when dua the p?i~cipal and ~
in~ere:t and other sums oj money proutded jo? in said ~ole and Il~is mortgage, or either: to pay al! nnd
singu~a? Ihe foxes, assessmPnls. Ieuies, ~tabi~ilies, ob~igufior?s, and encumbrances ol every nalure on said pro-
perfy: fo per?nif, commit o~ su~~er no wwte, impai?men! or deleriorafion oJ snie~ janc~ or !~e improventenl~
thereon ~I any time: !0 4eep Ihe 6uildings nou~ or hereajler on said land jully t?~wed tn a sun~ o( not Ieas
Ihan
in a company or companie~ ncceptab~e b the mo?tgagee, t~e po~icy or poltcies fo be he~ by, and puyabl~
to, said morlgagee, and in Il~e ei~ent any sum o/ money becomes ~yabte by virtue aj such insurarece tlee
~ort9agee shal[ l~a~~e ~he riqht to receive and apply the same to the indebtedness I~ereby secured, uc~rounting
to l~ie mo~tgagor ~or any aurp~tas: to pay a~l cosfs, c~arges, eenc~ expenses, inc~ucling ~au~ye~ s ~ees und title
searches, re~csonably incurretl or puid by ll~p mor~gagee 6ecaus~ o/ the jailure oj Ihe mortgagor to promplly
ane~ ~ully rnmply u~ilh fhe agr~menls, stipu~aiions, condiftons and covenants of snid note and this morlgage,
or eitf~er; fo pe~jorm, comply u~ith and abide by ench and every the agreemenfs, stipulafFons, condilion~ and
c~ouennnls sei f
orih in said note and f1~iu mortgage or eitker, ln the euent t1~e mortgagor Joi~s to pay w1~en
~ue a~y tax, assessment, insurance premium or ottier sum o~ ~oney rxiya6i~ by uirtue of satd not~ and lhts
mortgage, or ei!{~er. _ fhe morlgagee may pay t~e same, without wniaing or al~ecfing I~e opfton (o ~orec~ose
or any otl~e? righl hereunder, and nII such paymenls shall Fiear inlerest jrom dnte thereo~ af the higl~ea! Iau~-
jul mte then nllou~ecl by Ihe ~au~s oJ rhe State o( Floridu.
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uny sum o~ money ~erein refe?rec~ to 6e not pro:npf~y„pnl~'u,i ~'ll.rty day, next a~ter
the sume ~ecomps due, or i~ enc~ an~ every tf~e agreements, stipulaliona, eorte~itions nnc~ cousnants ol said
nole and this mo~tga9e, or either, are not /ul~v per(o?med, comp~ied wifh and a6td~ 6y, the+t the enttre
i sum menlionec~ in saicf note, an~ tl~is mort~a~e, or the entire 6alance unpaid thereor~, shalj ~orlhwilh or
~ ~l~erenJ~er, a1 the option o( t6e mortgagee, become end 6e dite ared payu6le, anything in said note or herein
{ fo ~he contrary no~ujifl~standing. Failure ~y l~ee ireorfgagee lo exercise nny of fhe rigtits _or options {~erein
provided shQil not conslitute a WOll~pl O~ any righfs or optiorts unc~er said note or lhis rnorlgage accrued o~
ll~ereo~tse; arxruing.
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(1 (CORi~ORATF ~n ~itness ~hereof the mortgagor has caused these p?esenls Io
;I ,,•~'~EA(_1 6e expc-uled in ifs nnme, and its corporale seal to 6e {~ereunto affixed, by ~r:
~ ' praper o~f icers Ihereunto cluly aulhorizecl, the day and year ~i~st above wriften. i
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` :~TTEST _ ~~t.~t.~,r<_. . L . C . R. CORPORATION
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Sign~. sealec~ an~ ~1e~ive?~d in il~g-~rnsenc' of : ~ - `
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i! fILEO ~NC ?ECQRDEO }
St. LUCIE C~UNtr F~A.
' • ROC~R PO~TRAS
iI ' CtER~ CI~CU~T COURT
I~ REC4RD VERIFlEp~ '
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j ~~1ItQ Of FLORIDA ~P ~ D 3~o PH ~ t I
' ~ ~uUl1~ Of ST . LUC IE ~~~~1
i ' 1 HEI2FB)' Ct:K71FY ~Ie~ on Itiis Joy. ~~ure mr. un of~inr du~y uut~wrir~ in Itie $!de ur~ ~ow~tr ojorir~ b lake a~~tdq-
~""°^°r~~ °n~~~~~~ JOHN R. LONG and JAMES L. ROBERTS, JR.
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,.Yn ~o ro ~ ~r,~ r~.P,~,?p~~ ~ Secretary-Treasure~~~~at, ~ ro.~.w~ ~ ~
~ na~lgagor in Itie'o?vgqng insfrumenl. uni~ I~ol I~ry se~~tru(~y ot~ou~~t~ge~ ~teculLy~ I~s wmt. (n f~t p~t~ennt o' Aoo fubsct~bing w(ntiKf.
~r~t~~ on.~ i`o~unfonry un.~? uuf~~n1~ ~u1v rr~fr~ in ~hem Z~ yuid cqpprulion ond t~nf fht sroj aj~ixed f~tRtO i5 !~t IrW eo?pWOft ~eo~ o~
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sa ~a.Po.auon.
' j~ wrr~r•. ..,y i.a~.r ~~I~~d xoi ~R c~a,.~,,. o.,d s,~,~ i~,~ al«~.ad aor ~ september
_ n ,9 71. ~ .
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° . NOTARY~ ~ L C~ STATE OF ~IDA ~AT ~
= ~ LARGE .
' - - ~ My commission expires : - ~
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~ 7%,;s Instn~~
-/~u~~~ 6~, 0 R
. ~~,~lrr_c~ BOOK195 ~Z505 ~
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