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HomeMy WebLinkAbout1385 ~ and ~hall F~er/o~m, comply with and nbide by eacf~ and ei~ery the ag?eementa, atipulntions, conditions nnd ~ co~~enanls Ihercw/, and of this mo?tga~e. lhen this mwtaage and the eetate hereby created, shnU cease, de- fPrmine anc~ ~e nu~~ an~ noic~. I~~ !{~e mortgagor he~~+by lurther covenunfs end agrees Io pay promptly wl?sn dw th~ principal and interesl and othpr sums o~ monpy provirlpcl jor In said note ond thts mo?tgoge, o~ either; fo pny a~~ and ain~u~ar Ihe taxe~, assessmenls, ~evies, ~ia6i~ilies, ob~igations, and encumbrance! o~ every nature on snid pro- perly; to prrmif, commit or su~Jer no wnsle, impuirmen! o? deferiorafton o~ aatd Inne~ or ttie improvements tl~erron af any fime; Io ~PPP (~P buildings ?~ow or hpreajter on ~aic~ Iand ~u~ly inituet~ tn a aum ol ~oi ~ess Ihun in a company or campnnies accepta~~e to Itie mo~tgagee, t~e po~tcy or po~icies fo be heltl by, and paya6le fo, sai~ mortgagen, anc~ in the e~~enl any sum of money becomes ~xiya6le by virhie o( sucti truwance fhe morfflaflPe stia~~ ha~~e !tie rigtif fo receine and apply the same to tl~e inde6tedne~s here6y secured, oceounting fo f~~e mortgac~or ~or any surplus: fo pay a~~ cosfs, cho?gps, and expenses, inc~udtng ~awyer s~ees and ttt~s searctiPS, rPasona~?~y inc~irrerl o? paicl by Ihe mortgagee becnuse o( ftie ~oi~ure o~ t~e morfgagor fo prompljy and (ully co~p~y witl~ the anrpem~nfs, sfipulations, conditioru and corenants of said note and this mortgnge. or pilh~r: to per(orm, ~omp~y wit{~ an~ ntiic~p ~y eacti and every !~e agreements. sfipu~afions, condiftons and corenanfs sef forl{~ in saicj note anc~ 1~iis mortgnge or eit~?er. ~n t~?e event tke mortgagor ~ai~s lo Poy Wh.n due ~iiy IQX, assessment, insiuance premium ur olhar sum o~ money paya6le 6y vi?fue o~ said nofe anc~ fhis morfgafle, o~ eithpr. 1~~ morlgagee may pay Itie S(IRIP, without waiving or al~ecfing t{~e opfion fo forec~ose or any olher ?iql~t hprpu~der, and all such poyments shall 6~r intPrpst (rom date thereoJ ut the I~igl~est law- r11~ ~A~P ~~II'~l qIIOl1~@~ hV t~P ~AIl+S O~ t~1P S~afp o~ Florirla. ~l any sum of money herein rv~P/!~ ~n n~nmplly naid within th~ttY dayi next a~ter Ihe same h~com~s c~ue, or i~ eac~~ nn~ ei~rry t{~P agreements, slipu~ations. cone~ifions ant~ couenanfs oj snid notp an~ ftiic ?norf~agp, or eif~~pr, are ~iot ~ully par(ormec~, t^~mp~ied with nnd abided 6~+. f~en ttie snttre sum mentioned in said note, and this mortgage, or tl~e enfire 6alance unpaid thereon, shall (orthwith or fl~ereajtPr, af tl~e option o) t6e mortc~ag~~, become anc~ be due and payable, anytl~ing in saic~ nole or 1te~ein fo t~ie ~onfrnry nofu~ifl~sfnnc~ing. Failure hy ~hp mortgngee to exercise ony o~ t~e rights or opfioru ~~reiR prori~v~~ sha~~ nof ~nnslifuf~ n u~airPr o( ~ny ?i~f~fs or opfions under saic~ nofP or ttiis morfgage accnuec~ or _ i fF~rr~nJl~r a~rruing. ~ ~ s , ` 1 ~n ~~~~s ~~Ol~ ili~ said morfqaqor has hereunlo signecl an~I spa~ecl fhese presents the ~ ~ay an~ yi~ar ~inl ~~rorp u~riltvn. ~ ' i S1911P~. ~P~~et~ anc~ t~v~i~~~r,ea in ftie pr~sNn~e o~: ~ j : i ~ - . = - / , U ' ( ; + ~ ~ ' '..::_1_ j-~ ' _ f~._~~_ ~ ~Et ~ ( ~ - - . _ _ . S : , / :t ' _ ~1. / /fi ~ ~ ' ' C c ' ~ r ' % - . ` ~ . . _ .1~=.. ~ ~ . . " y • ; ~ ' : > . , - 1 . ti : 1 k Y ~ STATE UF FLORIDA, ~ ; COL'NTY c)F St. Lucie ~ I HEREBY CERTIFY that on this day, betore mq an _ o(fi~~r duly authori~~d in th~ Siat~ aforcsaid and in th~ County aforesaid to takr acknowlcdqm~nts~ penonally appearcd ~ J. Donald N. b. Lora/Smith to m~ known to tx the µ~rso~ d~xrib~d in and who exccuted th~ (or~qoinR instrument and they acknowkdged ` be[crr m~ that they ~x~cuted th~ same. 1 _ N'(T\ESS my hand ~nd official scal in th~ County and Statc last afor~said this 19th day o( _ ~ Novembe r q, D. ~ g 71 . , ~ w 219503 . - ~ FILEO AMD RECOaOEp I ST. LUCIE COUNTT fU. aoCEa PoITR~S CIERK CIRCUIT COURT = RECORD YERIFtEO~~..~~..~ :o;A9Y PUSLIC. tTAiE 6f fLOftID4 AT - U r cO~M~si1oM ExP1~Fi OGi. 21 1~7 = PH'li ~N~ !P[D c~u1,u1~111Ma~ J;.. No~ 16 I ~o _ , , _ -,a ; _ 7 ~ ~ n µt .G . ~ Q:..~• _ ~ . ~ .t ~ V • • i _ : : : .o. ~ ri.o,it ; , ~ ~ ~'~.~lt-~'•••...:•••;,.'~ ~ 3 ' N.~?...•- - ~i97 ~1384 ~ . _ ~