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HomeMy WebLinkAbout1495 ~ un~ shall pe~~orm, comply u~ith and a6ide 6y each nnd eae?y tF~e ag~eemenla. stipu~n~ioru, conditioru ond ; corennnls thereo(, and o( this morlgn9e, tl~en this mo?tpagp and tl~e estnte heneby n+eated, tha11 ceass, de- ~ tprmine and be nuU and void. ~ ~i~ the mortgngor ~en+by (urthe? cotx~nnnti and agrees to pay prompfly when clue fle~ prirecipal and inferest anc~ olher sums o~ money prooided jor in saicl nofe an~ fhis rnorfgage, or ett~er; fo pay a~~ and sin~utar the faxe., assessments, Ievies. liabilitiea, obligalioru, and encumbroncei o~ euery n4lure on said pro- perty: to permil, rommif or su~fer no wasle, impatrment or deferioration of saicr ~nnd or fhe Improvemertta thP?eon at any 1iinP: to kPep the buildir~9a now or herPaJter on ~aid IQnd jully insured !n a sum o) not les~ thon 'I'wenty-Thousand and No/100--------------- in a compnny or rnmpanlps accepfabte fo I~~e morfgagee, lhe po~icy or po~icies fo 6a held 6y, ancr poynb~e to. sai~ mortga~ee, an~ in Itie ei~ent any sum of rnoney 6ecomes ~y461~ 6y virtue o( such insurance f~e 1riO~~9Q(jPP shall ha~~e the right to rpreiue and apply the sarree to ll~e inde6tedness 6ere6y secured, aceounting fo I~~e mortga~o~ Jor any surp~us: to pay n~~ rosfs, c~arges, a~c~ expenses, including lawytr~s ~eea and (itle senrc%as. ~aso~a~~y incurr~ or paid by t~p mortga9ee bPCause oj t~ie ~ai~ure o~ t~e mortgagor to pror?eptly nnd juliy corr~p[y u~ill~ IJ~e a~?ee?ner~ls, stipulafions, conditions and covenanfs o/ said note and lleta mo~fgage. or eil~er; to per(orm, ~omp~y u~it~ an~ ahicje 6y each and Pt~Ply ~Ile agreemenfs, stipu~nfions, eonc~itiont and rnrenanfs se1 ~orf~ in sai~ notp a?ed t/~is mortgege w eilher. /n t~e evenf the morfgngor ~ai~s to pay wtien ~ue any fnx, assessinenf, inswan~e premium or other s~un o~ AtO11Py Pqyq6~ by virlue oJ said note and lkts ino~fga~e, or P%IhPt. Iti~ morfgagee may p~y fhe same, wif{~out waiving or af~ecting ftie opfion to ~oreclose or any other rig6t leer~under, anc~ al~ such fwymenls sl~nl~ bear intPrpst from date fherao~ uf tl~e 1~ig{~esf ~aw- ~o~ r~la t~~~~n a~~ot~et~ by Ihp ~~u.s oJ fl~P SfatP oJ Floritla. ~L any sum of money J~erein rv~errec~ fo tiP not promplly pnid wifhin 3~ day: next a~te~ fhp sam~ be~comes due, or iJ each ~nd ei~ery the a,qreements, stipulations conditions and eovenants oj snid note ond this morlgoge, or eithe?, arp no1 Jully perjorn~ed, c~mpliecl wit1~ and abided 6y, then tke entire sum mentioned in said note, nnd lhis morlgage, or the entine balance unpaid t1~e?eon, s1~nII /ortbwith or lhereoJtPr, at the option oJ t~p mortga9c?e, 6ec-ome a~d be c~ue nnd pnya6le, anytl~ing in said note o~ herein fo 1{~p ~onfrary notu~illist~ndin~. Foilure Gy tl~e morfgugee fo exercise uny o~ t~e ?ig~f~ o~ opfions ~e?ein prori~NC~ s{~a~~ nol conslilufe a u~~ivpr o~ any ri~~ts or options uncjer sai~{ no[P or t~is mortgage aecrued or I~~me jl~r ~rcruing. - ~n ~~lil~s t{u• cai~ morlgagor hns ~ereunlo tignec( and sea[ed theae presents the c~ay anc~ y~ar ~i?st a~,onP u~rillen. Signprl. sea~a~ ~n~ e~p~ft~PrP~ iR p prPSe~nc~ o~: : ! ~ ~ ~ , . , . , , -t_ ; . , ~ - ~ ~ ~ , ~ . . . - - - - - - - - - y , \ ~ . ~ ~ _ - -~c~ . - _ .~~_L~. - -.~~:...j- - - - - - - . ~ . - - - - - - _ - - - - _ . - STATE OF FLORIDA, ~ COL'NTY c~F St. Lucie t HEREBY CERTIFY that on tAis day~ betore mt, an offic~r duly au~ho~ired in the St.itr a(oresaid and in th~ County afor~said to tak~ acknowtedqm~nts, personally appeared Dale V. Colean and Marlene M. Colean, his wife , to mc kr.own to br the ~~son8 dexrib~d in and who exrcuted the (er~qoinq insttument and ~le~/ acknowkd~ed ~ brfor~ m~ that t}1ey ~xccuted the s~mt. ~YITtiESS my hand and olficial xa! in th~ County a~d Statr a dresaid this 1 ~tll day o( June A. D. 19 ~ _ ^ / -~1~~..<<'~- ~!-~~.~'.FG_r.~.1 ,;1-.-- ~ - . . . .-T~ ~F Cv~ _ - ~ :'~Y " , '-J~~tit't~+i i~ : _ vl~:..:..~ ~Jt...~._.. ~ " , ~ . .-.IJiti:\~.• ~ ST ~ CIE C UM1Y Fl~ CLF KcC RCUjT C URt ~ RECORD VEAiF1Ep~~ - = - . ~ ~ ~I 1 ~ 23 A14'11 . . 2~ i4+69 8b~c 1~ ~ 1~~ I ( . . . -k . ~ . 'i~: . _.3