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HomeMy WebLinkAbout0963 ~ a and shnll p~r~orm. ~•omp~y u~ith and a6ic~e by eoch an~ every the agreements, sttpu~atio?is, conditiona nnd coi~~nants il~ereo~, nnd aj this mo?l~~af~e, t1~en fl~is mortgage a~c~ tl~e estate RPMby CfPaI~, al~a~l cease, d~- termine ancl ~e nu~~ an~ i•oi~~. Ii~ fhP morfganor {~enr(~y jurt~er cover~ants and agrees to pay promptly when clue fhe principal and interesl nnd olher sums of money proni~Ie~I ~o~ in saicl nole anc~ tti[s mortgage, or eif~er; to pay a~~ nnd sinqular t1~e tnres, assessmenls, le~~ies, lin6ilities, obliflalions, and encum6?ances o~ every nature ort said pro- perty: lo permil, commif or su~~pr no u~asfp, impairment or c~elerioration sa~d lo~d o? fhe improvemenb ll~~rncn nt any Iimp: 10 ~PP~1 IhP 6uildin~s nou~ or he~~a/t~r on said Iand Jully insured in a sum oJ not lesi ~han highest insurable value, r~ . ~ ~ . r? ~ tt_ fll tf t ilHi~ii1llV Uf cViii~iUNir3 Ut-cN~!!AUlP iU ihp HWii}~ug/ra'. Ilil~ j3UUl ji UF jJJiti-lN5 iU U@ (iPiit uj~. UifQ ~ili~UUiY ~ tu, sai~ mortgageP, nn~ in f{~~ enent any sum oJ mon~y hecomes payab~e by virlue o~ such insurance Ihe mortgagep shall IIAi'P Il~e rig{~t to PPl'Pli'P arid apply the same fo Ihe inde6ted?iess here6y secured, aceounting ~ fo t~e mortgagor ~or any surplus; fo pay a~~ ~•osfs, charges, and exppnses, inc~uding ~awyer~s jees an~ lit~e searrl~es, rpasonal~Iy incurrec~ or poi~ tiy fhe morfgagee hecause o~ fhe ~ai~ure o~ t~e mortgagor fo prompfly ~ an~ ju~~y comp~y u~il~~ 1{ie aflre~merils, sfipulafions, conc~itions ancl coi~enanfs o( saicl note and t6is morlgage, ; or eit~~er, fo perJorm, comply u~ith ari~ a~ic~e by eac{~ ancr every 1~?e agret+menfs, slipu~nfions, condiliorw and i covenanis set ~ort{~ in said riote and lhis mortgage or either. In the event fhe morfgagor /ails to puy when ~ cjue any tax, assessment, insurance premium or ottier sum of money payab~e 6y virlue o~ soicl note and this morlgage, or eif~~er, ftie morlc~ayeP may pay Itie same, u~ifhouf waiving or afJecting ihe option fo forec~ose or nny olher rig{~t hereiuuler, and all such payments s{tall bear interest from dnte Ihereof at the I~igl~est law- f U~ fAIP ~~lP/1 A~~OIUe~ ~V ~~P lAil~S O' ~~P S~p~p OJ F~O~t~Q. ~L any sum o~ mon~y Iierein re'P~Pd IO be not prompt~y paic~ within ten days next a~ter ~ i t{~e same becomes due, or i j eacl~ and ~i~ery the agreemenfs, stipulations. concritions and covenants o~ saitl nole and fhis mortgac~e. or PlI~P~, are not jully perJormed, complied u~ilh and abided 6y, tlten tl~e entire sum menfionec~ in saic~ note, anc~ lhis mortgage, or t~e entire ba~ance unpnicj t{~ereon, shal~ jorf~wit~ or tl~ereajter, at the option o/ 1he mortgagee. 6ecome and 6e due and Poya6l~, anything in snic~ note or herein fo !~e conirary notu~if{~stanc~inq. F'ai~ure by thp morfgagee to exercise any oj the rig~ts or optior~t {?erein proi~i~Ied sha~~ not consfitufe a traii+er oj any rig{~fs or options under sai~ note or t{~is mortgage uccrued or f~PTPqjter uccruinfl. ~n ~~~!!~s ~~Ot~ the said mort,qagor has I~ereunfo sign~ ancl sealec~ ll~ese presents the ~ ~ay an~ year ~irst ahore u~riffen. ; i ne , sea ` g d Ipd and delinered in the pr~sence o/: ~ ~ ~ ~ ~ ~ - . . . . - - ~ ~ - Nti~tiaeT R~ ~~Pre onfaine - : ~ - ~ - - , ~ _ , . ~ - - ~ - - - - . . ~ ~L' ~ _~:1.~ ~G:~!~--~ ~ Margie . Prefont Xne ~ ~ ~ - - ~ - - ~ - - - ~ ~ ~ ~ ~ i ~ ! a ~ ~ STATE OF FLORIDA, ~ COL'NTY OF ST. LUCIE ~ . I HEREBY CER'~IFY that on thu day. beforc mq an ~ officer duly authorized in the State aforesaid and in the County. aforesaid to tak~ acknowkdgments~ penonally appearcd ~ Nlichael R. Prefontaine and Margie E. Prefontaine, his wife ~ to mc known to be the prrson S described in and who ex~cuted the fortgoing instrument and they xknowkdsed ~ ~ beforc m~ that they ~x~cuted the same. N'I7~tiESS m~ hand and o((icial seal in the County and State last aforcsaid thi~ ~y~ day o( December A. D. 19 ?1 ' ~ - ~ - - - . . - _ ~ Notary Pu State of Florida ~ - = ~C~OEO at~T,a~rge ~ FILLVti t N[`( FlA• St R~~•` ~ oUaz ~ :My COtnmission expires: ~ ~~~5 CtEq ~ • ~,~r , . . a~CC'. ~ ~ . ~ ` 31~K~-~ . . . ~ 1~ 1 - . - { -1 ?.2112~ - ~ . . . , Ihu hulni~~rcn/ prtparrd by: ~ ti~ A~/d?ru ~ ~~WEMf WAS PREPARED [~Y Ei~l( H, fEE. lil FlRS1~LCi~ort gtd4, ~CGK 198 PACE 96~ PORT PIF1~. G:3 _ _ - _ • s~`a`-~- ~