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HomeMy WebLinkAbout2915 ' and shall per~orm, comply u~il{~ ared abide by each and e~~ery the ag?eemerifs, attpeelafloiu, condiftons aru~ . ~ rnuenanfs fl~ereo~, anc~ o~ f~is morfgage, lhen t~is morfgage an~ ttie ealate I~Proby crraf~, a{~o~~ cease, de- lermine an~ ~ie nut~ anc~ voicl. I 7NNL Ij~e mo~tgago~ {~ereby (urfl~er covenarita and agrees to pay promptly when due Ihe principal and Inleresf and of/~er sunu o~ money provr~~ ~or tn aaitl nofe ant~ thts mortgage, or eifher; to pay a~~ and sJngu~ar fhe faxes, asspssmenfs, ~ei~les, JlaF~ililtes, o6~igattons, n~d encumbr+uncc?s oj every nal~ur o~ aaid pro- perfy: to permtl. commi! or su~Je~ no wasle, impairment or c~eteriorafion oJ aaid land or !he tmprovemenls t/~P?ron af any fimp; to ~PPp IIIP hui~c~ings no o~ tiereaJter on .Qid lond Ju~~y insurc+c~ in a sum ol nof lesa tl~an TSN THOUSAND ($10, 000.00~ Dollals ~ in a company or rnmpanies ~ccepla6le to the mortaagee, Ihe po~icy or po~icies to be held 6y. ancl pnyab~e to, sai~ morfga~ee, an~ tn t{~~ e~~en~ any sum o) money becomea payo~~e by v1Hue of such insumnce the i mo?fgagc~e sl~all haae Ihe right to receive and apply tl~e same to the indebtedness hereby tecured, ncrounltng fo ttie moriga~or for nny surp~iu; fo pay ol~ costs, c~arges, and expenses, inc~uding lawyer~ feet and flt~e searc~es. ?easonably incamed or paid by the mo?fgagee berause of ttia lai~w+e of t{~e moMgngor fo prompf~y anc~ (ully comply with the agreemenfs, sfipu~aftons, rnRCjilioria and covenenls o/ soid note nnd ikis mortgage, ~t or eiltier; to per~orm, ~o,~Ply «•~i1~ and abide by each and enery tlte agreemenfs, stipu~atioru, condifto?u arte~ conenanfs set forf~ in salc~ nofe and this mortgage or either. ~n ttie euent !he mortgago~ jails to pay wl~en dua any tax, assessmpnt, insumnce premium or other sum oj money pnyable 6y ~trtue oj said note nnd thia ~ mwfgage, or eifher, t~~p mortgagee may pay /he same, wifhouf wataing or ajjecting f~e optton io ~orec~ose or any other rigl~t hereunde~, and all such paymenls ahall 6ear interest ~roet date tl?ereoj at the ?~ighest Iam- + (u1 ratp Il~pn a[lou~ed by Ihe laws oJ 1he State oj Flortda. ~ ;i any sum of mor~ey /~erein re(erred !o be not prompf~y paic~ urilhin 30 tlaya next u~ter ~I Ihe same hecomes c~ue, or i~ eac~ and ei~ery the agreementa, slipulalions, conditions anc~ couenants oJ sald ~j note uncl fl~is mortga9r, or eithpr, are not ~ully perJormed, oomplied witl? nnd a6~ded 6y, then the entire sum menlioned in said note, and this mortgage, or t1~e entir+e 6a~artoe unpaid theneon, shall /ortl~wtt~ or I?~ereajter, ut Ihe option o~ tl~e mo?fgagee. 6ecome and ba d~ and ixiyabi~, anpthing tn aaid note or heretn ~ fo Ihe conlrcen+ nolwilhstan~ing. ~ai~ure ~iy the mortgagee to exencise any of the rtghfs or opHont ~eseire ~ ptot~ic~~ s~all nol conslifute a wairpr of any rig~ils or opfions u~t~er saicl note or thia rnottgage ncc?uet~ or f~erea~f~r accruin~. , ` ~j ~n ~~LII~ ~~Di~ Ihe saic~ morlqagor l~as hp?run~o signecl ared scwled tleese presents the clay an<< year rirsf a~onp u~rittpn. 'i I / E!~ SIg/1P~. S AA QPI11~PfPd IR P~SPIlfP 0I: ~ !j ~t i~ - _ - . . f' T. L. Sloan ~p - --•------------..__----•--....-------------------....i~ - , . . - - - - - - ~ . ~ ~ . - - - . - - ~ STATE OF FLORIDA, ~ Cnt NTY nF S T. LUCI E , I HBREBY CERTIFY that on t6is day. bcforr mc, se offic~r duly authorized in 1he Stat~ aforesaid and in the County aforesaid to take ackaowlydgments. penona!!y appeared ~ T. L. SLOAN 1, to m.~ known to br the pcnon d~xribed in and who exeruted the forrgoin4 instrument and he acknowkd~ed befor~ me that he exccuted the same. H'IT~iESS my hand and o(firial seal in th~• C:ounty and Statc last aforrsaid thu 3O~ day o( September q. p. 19 7~.. . ~ ~ ~"•,Y•-~G~-~2~C.C.~•---~~ • ~ , . ~ti J,.,. . ; f ( =`~°••'~~j ~r~ - F lfD AM~ RECOitOE~ Not~ry PubGt. Stste of flai~+ d L~N ~ ti' T'1! o':~ s IUCIE CAUNTY fLA. 1y~ (ommissio~ Er~irss Sep~• 7. 19~5 f 'r ; p4~+fR POITRAS ` f T ` fe~a~'_ 1, -s.. ~_nv~~i G. ~ : . CIERK CIRCUI? C~R ' ~ v ' ' RECORO VERIFIEC~ . ~ ~ ~ ' A ~ ' ~n~~l ' ~ ' SEr 30 11 s9 \ •••,~J ~`a ' ~ q T 'L r,,. `''<<uu~~~..~+.~ , 2163s3 ~ 8ao~1~5 ~2~~13 t . : _ . _ _ - = y - . _ i , ~ ~ ~ ~ '~~~-a _ . . _ ~ .a