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HomeMy WebLinkAbout1006 . : ~ ~ and shall pQr(orm, compjy wit~? anc~ a6ide by ~h ond eaery t~e ngreemenft, slipu~nlions, conditions and oo~~nants th~rooj. and o/ tl~iu mortgoge, then this mwtgage and Il~e eatate ?~erebr created, thall cease, de- termin~ nnd 6~ nu!! a~d uoid. ~ the mortgagor hen.~6y (urthe? covenants and ogrees to pay p?omptly when dua ths principa~ nnd inttrest and oftier swns oj money provic~ec~ Jor in anid nole and I~it mo~fgage, or either: to par n~~ and singular the toxes, ns:essments, Ievies, 11a6ilities, o6lignfions, und e~cumbronces oJ svery nature on soid pro- pKlr: to permtt. curnmit or su~~or no wasfv, impairment or deferio?ntion o~ saFc~ ~and or t~e improvemenf~ tl~ereon nt any lime: to ~eep the 6uitdtngs now or herrn(ter on ~a~d bnd Jully insured in a sum oJ nol less full insurable value in a compnnr or companiea ncc~pta6le to t6e mortgages, tl~e poltcp o~ policies io be held by, and payn6le to. ~nid nwrtgagee, and in the event any sum o/ money becomes ~yo6t~ 6y vi~tue of such iruumnce !he ntortgagee shall have tl~e rigl~t to ?eceive and apply the snme to tkt indebtednesa hereby secured, acoounting fo t~e mortgnpor ~or any surp~us: to pay a~~ cosfs, ctinrges, and expensea, inclucling ~awya~ i~ees and fit~e searches. .e~ona6ly incurred or poid by the mortgagee bernuse oj tl~e jailure of Ihe mortgagor to promptly nnd /ully comply with the ag?eemenls, sfipulations, condilio~u and covennnts of said note nnd tku mortgage. or either; to per(orm, oomply with and a6ide by eack and euery tke ngreements, stipulntior~.t, conditions and covennnts set ~ort~ in snid note nnd ttiit mortgage or eifher. ~n ftie euenl the mortgagor jai~s lo pny when d~ a?r rw~, assessment, inaurnnce premium or olher surrt o/ money ~ya6l~ 6y virtue o( snid note and tl~is mortgage, o~ eit~er, ftie morfgugee may pay fhe same, wit{~out wai~ing or njjecting !he option to ~orec~ose or nny othe~ rigl~t he?eunder, and all such pnymenta :hall 6~. iRierest jrom date tl~ereoJ at t6f 6ighest law- ~ul rnte then albu,ed 6y the laws o( I?~e Stnle o~ Floridn. any sum o( money kerein re~erred fo be not prompfly paid within thirty daya next after the same 6ecomes due, or if each and every the agreernenls, stepulntions, eonditions and rnvenanli o/ said note and t~is mortgage, or eit~er, are not f u~~y perjormed, comp~ied witti and a6~d~d 6r. Ihen t~e enti~e aum mentioned en said note, nnd tl~is mortgnge, o~ th e entire bulance unpnid 1her~eon, skall Jorthu~ith or therea~ter, a! the optton oj fhe morlgagee, 6ecome ~d be d~ w~d ~~6[~, anytking in said nofe or ~erein to !~e rnntrary notwii~slanc/ing. Fai~ure 6y the mortgagee to exe~+cise nny o~ t{~e ?ig~ts or optioro he?ein prooided tl~aU not conslifute n waivpr o( any rig~fs or options under snid note or t~is mortgnge accrued w t~ereaf fer accruing. . .i`,, ~n ~~1l~ ~ tl~e said morfgagor has i~ereunto signed and sealed tl~ese presentt !he t~ny anc~ year ~inf abo~e wriiten. Sign ealed anc~ deli ered in lhe presence o): " ^ , ~ / ~j\ - - - ----~G~~~-~-. GQ'~--~±~ l~~~,q, ' , M. R LSON - - - ~ . ; ; ~ ~ ~ ~ ~ ; - - - i ~ € f ~ ~ STATE OF FLORIDA. ~ COUNTY OF MARTIN ~ ~ I HBREBY CERTIFY that on thii day. beforc me. •n ~ ~ o(ficer duly authorized in the State iforesaid and in the County aforeuid to tak~ acknowkdgmenb, p~rsonally appearrd ~ M. R. NELSON, AS TRUSTEE, ~ to me known to be the prrson described in and who executed the (w~going instrument and he acknowkdsed ~ before me that he c:etuted tbe same. ~ / 0 dar ot ~ WITNESS my hand and o((icia) seal in t6e County and State last aforesaid this 4 March A. D. 19 ? 2 ~ ~ ~ > ~ . . ~ _ ~ ~ F, _ , - - - - o a-- - Public~~---~-----......---........_... i t ry _ • _ : ' ;(Notary Seal) : = _ My Commission E ires: _ ; . ; : ~ } ~ ~ ~ . . ~ 225~~4 ~ ' ~ fKE~ Aq0 RECOROEO ~ ` ST. LUCIE COUMTY FLA. - ROCEn ?OITRAS CLERK L+-.~UtT COURT ' aF.CApi' '~{'?1~'IED~,~,~ Mu~ 10 I 33 PN'11 o a ~ ~ aoo~2~ ; _ ~ ~ ~ _ ~ - _ _ _ ~L S _ `~''"'~`'-'~°~:`U` ' - a-.. . _ _ _ . - _ _ti...