HomeMy WebLinkAbout2771 an~ s~4~~ per~orm, co~nF[y u~il~ anc~ a~ic~e by eocti and ei~ery th~ ogreent~nb, ttlpulattoni, c~ondttlont and
co~~Pnants the?eo(, and o~ ~I~is mortaa~e, then this ~noitguge and th~ eatQt~ h.,~6y crra/sd, ihall c~ue, d~-
termine and 6e null and ~wid. -
1{IN! fhp morlgapor hen+~y ~urt~er c~ovenanfs and agner to pay promptly wl~en dw ths princi~ra! and
inferpsf and ot~er sui?u oJ fio,~ey ~y,ded Ior in soid nofs ond !~b mortgnge, or ~dt~er: fo pay n~~ and
stngu~er 1he taxPS, assessinen/:, ~evles. ~tabi~ifie~, ob~tgationa, and encum6rancsa o~ ewry nalurs on said pro-
~erfy; fo permit. commif or suf~e~ no wasfe, impairmenl or deteriorntion o~ =a!~ ~nnd or t~e iMprowrnen4 ~
lhprecn at any timp; io ~PP~1 Ihp 6uildinfls now or he~wafte~ on snid land /ullr i~w+~d in a swn o( no! lest ?
~{,Qn from time to ti.me ungaid.
in a company or compnnies ac~epta6le to tl~e mwtgagee, t6e poltcy or policies to 6e he~d br. ~d rxi~bb
to, said ~IlOrIQQApP, artc~ in itie evenf any sum o~ money ~iernmes pe~yu6js by virtw of such tntwnnce !~e
mortgagee shall ?~ave tl~e right to recpive and apply 1/~e sams to tf~s inde6tedneas /~erebr recur+ed, nc~eounttng
to I~e mortgagw ~or any surp~~u; to pay al~ c~osts, c~nrges, and expenset, tncludtng ~utuy~i feat anrj tif~i _
sea?r/~es, reusonably incurr~e~ or paid 6y the morfgagee because o~ the ~at~ure o~ fhe rnwlgagor to prompfiy
nnd ~ul~y comp~y with the agreeneenfs, sfipte~ttons, rondillons and eovenantt oJ said nole and tl~ts wwrtgag~,
or erther; to per~orm, compiy wttl~ and nbide 6y each and every the agneements, atipu~aftons, conditioe~s and
covennnli set ~orth in said note and t{~is morf~age or eittier. ~?t fhe event ttie morfgagor ~uila to pay w~en
due any tax, assessment, insumnce premium or ot~er swn oJ money papa6le 6y virtue o~ satt~ note artd ttiia
mortgage, or either, ftie mortgagee may pay itie same, wif{~out waivtng or n(Jecfing I~e option to ~orec~ose
or any olher rigl~t he?eunder, nnd all such pay~nenls shall bear tnterest (ro~n dnte thereoj at 11~~ 6igl~est lnw-
~ul rale ~he~ allowed 6y Ihe laws of t~e Stafe oj Flortdn.
any sum o~ money tierein re(erred to 6e .-.at pmmpfly paid within 30 day: next n(ter
tl~e sa?ne 6ecomes due, or iJ each and euery Ihe agreements, stipulntions, conditions nnd eoa~enants of aaid
note nnd thts mortgage, or either, we not Jully perjorn~ed, comp~ied wit~i and abtded by, then tl~e entir+e
suin mrntioned in snid note, and t6ia mortgage, or t1~ e entire 6nGutce unpaid ther+ear., slsu~ (~±1•!•~:t~ ca
t{~er+eaJter, a! fhe opfion u( l~ie mwtgngee, ~ieeome ond be due and payable, anythtng in snid note or ?esretn
to fhe contr+ary notwitlutanding. Fai[we 6y ~he ~nortgagee to exee~ci~e anq of fhe reghb or opttons hersln
provic~erj a{~n~~ not constifute a u~aiver o~ any rig~ts or options under said note or f~is rnortgaee acerued or
i~ereo~ter accruing.
~n ~~u`~ ~l~~~~ fhe saic~ morfgagor I~as l~er~unto signed und sealed t6ese pe+esenls t{~e
cjay ancr ypar ~irs~ aliot~e u~rillen,
~ Sign sealpd and delinernd in 11~e presenca of : \
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~--Q..C!?,.'_C~xt.~..... ..!`~._....ti-~:.~~.L . r.~~_.
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i f Dale Race Jr.
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! ~Sandra E. Race
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STATE OF FLORIDA, ~ ~
COU\TTY ()F ST. LUCIE
I HEREBY CERTIFY ehat on this day, bdore me, an
; o(ficer dulr authorized in the Stat~ a(ore~aid aad in the County aforesaid- to take
a'cknowkdRrnents, penonaUy appeared
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DALE M. RACE, JR. and SANDRA E. RACE, his wife
to m~ known to be th~ penon 3 described in and who executed thc (or~goinR instrument aad they a~knowkc(~ed
before me that they ~zccuted the sama
N I7~NESS my hand and official seal in the County and Swtr last aforesaid this 1~~1 day oi
December D. t9 71
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~ fIlEO ~sECGA0E0 -
~ MTr FLA. ~ V~,..~;~,d•• - _ _
; ST. lU G t C ~ U NOTARY ?UBUG STATE pi
: ROC~r POITRAS MY COMMISSION a~ ~~•~E ~
' C t E aK ~:~:~iliT COURt S O!
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United Partners ZII, Inc.
~ !!~ir brunir»fn~ p~rparr~l by: 1toland L. Macon, Jr.
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Arfifitxs P. o. Box 1152
Ft. Pierce, Florida 33450 ~y
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