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HomeMy WebLinkAbout2874 i arid slia~~ pe?jorm, c~om~>~y wilh arid a6ide by each and ei~ery t1~e agreements, st~pubtioris, conc~itions and COI~PIlA/1~5 ~~1Pf('O~, Q/I(~ O/ ~hIS morfgaqe, IhPn ~~lS It10r~AQ~P UR/~ ~~P P3IAIP hereby CMU~~. S~n~~ CP4.1P, de- IP~MI~IP p111~ ~~P I11i1~ Qfll~ DOltl. Iln~ !tie morfga{~or hpr~•hy ~urthe~ couenants and agrees to pay prompl~y when c~ue fhe principa~ and ' inferns! and olher sums o~ money prot~itlec~ ~or in aat~ rtote anc~ f{~is mortgage, or eit~e~; fo pay alI a~d ~ ain~ular 1he IlICPS. ASSPSSR1P11~5, IPVIPS, IIA6lIIIIPS, o6ligations, nnd enrum6rances o~ every nature on said pro- ~ perly: fo ~rmiL commif or sujJer no tvnste, impairmenl or c~eferioralion oJ saic~ ~ant~ o~ fhe improvemenb therncn at anv lime: b k~pp ihP buildin~s ~ou~ or hereaffcr m~ said land /ully insurec~ in a~sum o) not lesa ~ ~hQR Eight Thousand and 00/100 ($8,000.00) ~ in n company or compani~s acc~pta~~~e lo tf~p mortgagee, I~e po~icy or po~icies to be held 6y, and paya6b ~ fo, sai~ morfg~gpe, an~ in fhe e~~enf any sum o~ money becomes ~ya6l~ by t~irtue o~ sucti inseuance ttie rno?tgngee shal! ha~~e Ihe rifl{~f to receiue nnd apply !he same to the indebtedness {~ere6y secured, accounting fo f~e mortga~or ~or any surp~us: fo pay a~~ cosls, charges, and expenses, inc~uc~ing ~awyer~s Jees anc~ fif~e ~ SPQM/1PS. ~PaSO/1Q~Iy 1?1C11~~P~ or paic~ hy !{~e morlgagee hecause oJ Ihe ~ai~ure o~ !he morlgagor fo prompl~y ~ anc~ fully complv u~ilh tl~e agreemenfs, sfipulafions, concrifions an~ covenanfs o~ saic~ nofe and ttiis morfgage, i or eitl~er; fo per(orm, comply wi+h o?~d a6~dp 6y eac{~ and erery fhe agreements, stipulations, condilions nntl ~ con~nants set )orth in sai~ nole anc~ this mortgage or either. ln the rvent the mortgngor ~nils to pay wl?en due any tax, assessment, insurance premium or ol{~er sum oj money payab~e 6y i~irtue of said note nnd t~is ~ morfga~e, or eit~ier, ftie morlc~agee may pay the same, wif{~out waiving or aJlecting !he opfion fo ~orec~ose ! or any olher right hereiuider, ancl ~Il such paymenfs shal! 6ear interest ~rom dafe thereof at the higF~est ~aw- j ~u1 mtP lhen al~oiued 6y fl~e la~os of the State of F~orida. i nny sum o~ mori~y herein re%rrec~ io be not prompi~y paid wilhin 30 days next u~ter t{~e same 6ecomes due, or i~ eacl~ and ei~ery Ihe agreempnts, stipulations, conditions and covenanfs o~ said nofe and lhis morfga~e, or either, are not )ully perjormecl. complied wit?~ and nbided 6y, t~en the entire sum men~ioned in said nole, and Ihis mortgage, or the entire 6a~nce unpaitl tltereon, shall /orthwitl~ or therea/ter, at fhe option oJ the mortgagee. 6ecome and be due and paya6le, a~ytl~ing en said note or F~erein to the conlrnry notu~ithstanding. Failure 6y rhp mortgagee to exer~cise any of t1?e ?ig/~ts or options herein provicrecl shn~~ nof conslifufe a waii~er oj any rig~fs or opfions under said note or t~is mortgage accruetr or tl~ereajt~r accruin,y. ~n ~~Ol~ 11~e said mortgago~ has hereunfo si~ned ancl sealed ff~ese presenls Ihe ~ay an~ year fint atioi~e ivritfen. I JigI1P~, SPQ~~ QII~ ~PIl1~P~PQ !Q ~hP PrPSPI1CP 0I: ~ ) ~ ~ ; ~ . : ~ - ~ ~ ~ ~ ---.~?7~,~ ~...7r . - E ~ - - - ~ = '1 r ' ~ --~-w r~~/ - y - ~ • - - - - ~ - ; ~ ~ ~ ~ - - ~ ~ - - - - - - - : ~ i - - - - . - - x a x ~ ~ ~ ~ ~ STA?E OF FLORIDA, ~ COL':~'TY OF St.. Lucie ~ I HEREBY CERTIFY that on thi~ day, beforr me~ an ~ ~ officer duly authorized in the Sut~ a(orrsaid and in the County a(oresaid to tak~ ackaowkdgments~ p~nonally appeared ~ ~ W. H. Gilbert and Mary Emma Gilbert, his wife, ~ ~ ~ to me known to be the pe~non S described in and who execut~d the (or~goinq instrument and th@17 acknowkdsed . ~ " befor~ m~ that they~x~cuted the same. S ~~'I"1'NESS my hand ancl o(ticial seal in th~ County and State last a(orcuid this day o( ~:i $Y February A. D. 19 72 , {k. ~ ~f ~ 1 t ~ ~ r ( J' ~.~r. ~ . 11,~.GL~ < . , l " ~ • ; .f.."""" . FtLEU AND RECOPDEO Notary Public, - ST.LUCtE c~uNTr FtA. State of Florida at I,azge ~ R~GEf~ P01TR~S ~ . ~ _ CIEP~ C1,L'JIT COUAT ' ~ ~ . ~ - a=coRO ~+E ~~=~EO..------ My commission expires - fee 25 I vs PM'~2 ` f ~ ~ ~ ~ = 22~48'7 - ~ . _ = - ,3 : 17~u Lwrurnrn~ p~rprnr~! by: . _ - AJJrru = aoo~ 199 PAGE~O~ ~ ; _ _