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HomeMy WebLinkAbout2843 an~ s~ia~j per~orm, comp~y wif~ an~ n~i~e by each anc~ et~ery f~e agreerrtenlt, atlpu~alions, earnditions ond co~~enanls therewJ, and oJ tliis mortpas~e, tl~pn this neortgagp an~ t1~p estate h~?p6y crraled, s1~aU cewe, de- termine antr ~e rtt~« a?tc~ i~oi~. n1~~ fhe morfga~or {ieraby Jurther covenanls an~ ogr+ees to pay promptly when due t1~e p~incipal and lnternst and olher suins o~ moe~Py provirled /or in sai~ nole and ttiit morfgnge, or eilher: fo pay a~~ and singulor thP ta.rPS, ossessme?its, lei~ies, (iabilities, obligations, and encum6mhces oJ euery nafure ort said pro- perly; to permit, commif or sujfe~ no ~vasfe, impairment or deferiorafion oj said ~and or Ihe impro~emenb Ihprncn al any time; to ~PPP IhP huildin~s nou? or he?~a~t~r on cnitl Iand {ully insiued in a sum oj not Iea~ ~han the highest insurahle value thereof in a~•om~~any or companirs accepia6le 1o t1~e mortgn~ee, li~e policy or policies to 6e f~eld by, and ~,yabb to, said mortgaqep, and in tF~e erent any sum oJ money 6ecomes payab~e by virtue of such instuance the mortgagee s~ea(j ~ave t/~e rig~l fo receive and opp[y the same to the indebtedness leereby securec~. acc~ounting fo I~e morfga{~or ~o~ any surplus: fo pay a1l costs, charges, encj pxpenses. inclutling ~awyer~s Eeea and fit~e searc{~~s, reaso~ahjy inctrrre~ or paic~ hy f{ip morfgagee hecausp o~ f~ie Jni~ure of fha morlgagor to prompfly ancl fe~~~y comply u~if{e f~e agrepmenfs, slipu~alions, con~ifions an~I coi~enanfs o( snid note and lhis mortgage. or eifl~er: to perform, comply u~ith and abide by each and ei~ery the ag?eements, slipulations, condilions and covenanfs set Jorth in said nole and this mortgage or either. In the event !he mortgagor /ails io pay u~hen due any fax, assessment, insurance premium o~ otl~er sum o~ money pnyo6le 6y i~trtue oj saic~ nofe anc~ this morlgage, or eil~~er, fhe mo?fya,yee may pqy Itie same, without waivi~g or ajjecting f~e option to ~orec~ose or any ollter ~iyht I~ereundpr, and all sucl~ payments sl~all 6enr interpst jrom date tl~ereof af f1~e /~ighest law- 't1~ ?(I~P Ihen q~~Oll~C(~ ~V ~IIP ~tll1~S O~ ~j1P SIQIP o~ FIo?ida. a?iy sum o( money herein re~erre~ fo 6e not prompi~y paicl wilhin 3~ ~oys nex! a~ter !he same 6e~omes dup, or i~ eacl~ ancl et~ery flee agreemenfs. stipulations, conditio?u ancr covenants o/ said note and lhis mortgage, or ei~her, nre not Ju1Iy perjormed, compliec~ with and abided by, then the entire :um mentioned in said note, and tF~is mortgnge, or the e~tire balance unpaid thereon, shall /ortleu~itle or tl~ereu~ter, at Ihe option o/ the mortgagee, become and be due and payab[e, a?aytlting in said note or herein to t~e con(rary notu~itJ~sfanc~ing. Failurp by fhe morfgagee lo exercise any of the right~ or optiona ~erein provicle~ s~a~~ not constifrete a u~nic~pr o~ any ri,q~ts or opfions unerer saicr nofe or f~is mortgage neerued or f~erpa~ler acrruing. ~~~t,.7 ~~o~~ l~p sai~ morfqngor tins herPUnfo signecr nncl seuled ttieae presents fhe day and year ~irsf aboi~p u~riflen. Signec~_ senlpd and deli~~erecl in tl~e PMSP7ICP oJ: „ - ~ - - ~ j-~s ~ ~ ~ ~-~}Lst.s- . _ ~ ' orman lrl~ai . ~i. Evelyn G. Mau STATE OF FLORIDA. ) COUNTY OF ST. LUCIE ~ i HEREBY CERTIFY that oa this day~ betorc me~ an ~ offi«r duly ~uthorized in the Stat~ aforcsaid and in th~ County aforrsaid to tak~ acknowkdgmenb, pertonally appeared ` Nor:~an Mai and Evelyn G. Mai, his wife, ~ ~ to me known to b~ the person g described in and who executed the for~going instrument and they ackrawkdsed ~ beforc m~ that they ~=«~«a same. ~ ~;±r, - K17'NESS my hand and ofticial seal in the County and State last afomaid this ~ .~I'~~y~gqi,e( 72. ' - ~ April A. D. 19 ~ , ~ ~ ~ - , y ~ `;j1~•• . , . ! i ~ ~ - ` / . . < ` Zti-tt : " • ~ ~ Notaxy Public, State o~ ~ ~;~rge F ~EO AMO RECOROE~ ~ My Comm'n Expires• ~.S"` ~ ~ s~. ~uc+E couMTr ~u?. ~ • ~ ~ : ROCE~ Po~Ta~?S ~ ~ ~ CIERR CtRC01j COl!!tT Q ~~''>>i17171~tt~~~t~ ~ aeco~fl v~a~f+~o~--- ~.-I S - 75 ~ , ; ~ 3 11 oa ~'12 ~ : s ; 226559 ~ I7iu I,cNrum~,it p,rpa,rd by: Frank H. Fee, III ~ Addm.rs First Federal Bldg. 800K~UU PACE~~~ Ft. Pierce, Florida - ~ ~ ~ '~"~~d J..x_..~. . , - ;v~~ . . . 1 's_.... ~Gi~