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HomeMy WebLinkAbout0809 ~ru~ shal! per/orm, comply icid~ arul ul,ide L+J cac)~ und evcr~ the u~;reemei~fs. stiYulat~ons, coiulitions ond covenants thereo/; a?ul of thts mortga~;e, tlien this mort~;a~;e u~u! tl~e cstatc l~eref~y created, shall cease, de- termi~e and be nu11 aul void. ~ the mort6ago~ hereby furthe~ coaenants a~ul agrees to }wy promptly when due the principai ond fntenest Qiul other sunu of mo~~ey provulerl for in said note and il~ts ~nortgage, o? eitl~er; to Nay oll and singular the taxes, assessments, leuies, 1'aGilities, obligatioru, a?ul encumbrnnces of eoery ~~ature on said prop- erty; to permit. commit or su8er no u;aste, imNairment or cteterioration of said larui or tl~e in~provements ihereon at any time; io keep ihe buildin~s now or herea/ter on said land fully insured in a sum of not tess than ~ in a company or com~wnies occepi~lile to the mortga~ee> fhe policy or policies to be )~elct by, ar~d ~ayable to, said mortgagee, a~ut in fhe event any sum of money beco»res payable by oirtue of such i?~,su~ance the mortgagee shall haue the right io receive ancl opply the sanre to the indebtedness hereby secured, accounting to ihe mortgagor for any su~plus; to pay alt costs, charges, arul expenses, ~ncluding lawyers fees arul tiile searches, ieasonal~ly incurred or Naid by the mortga~ee 1~ecause of the faiiure of the mortgagor to promptly and fuily compty with the ugreements, sttpulations, co~ulitio~u a?uI covenants of soicl note ancl this mortgage, ~ n? p~.*hpr• t„ ;,prtorm; comnlR~ ~~eth and uGide by each a?ul ee~ery the agreements, stipulations, conditions and couenants set forth in saui note and ihis mortgage or eitlier. In the euent the mortgagor fails to pay when due any tax, assess?nent, insurance ~remium or other sum of money payaGle by virhue of said rwte arul this mortgage, or eitf~er, the mortgagee may pay the same, wiihout tcaiving or aBecting the option to fareclose or any other right hereunder, and all such }wyments shall Gear interest from dote thereof ut the highest law- fuI rate ihen aUowed by ihe laevs of the State of Florida. uny sum of money herein refe?red to be not ~~romptly paul ecithin thirty days next after the same becomes due, or if each end every the agreements, stipubtans, conditions and Govenonts of said noee and this mortga~e, or either, are rwt fuUy performed, complied with and abided by, then the entire sum mentioned in said note, nnd t1~is mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, nt the option of the mortgagee, become ond l~e due and payaGle, anything in said note or herein to the contrnry notu;ithstaruling. Failure by the mortgagee to exercise any of tl~e rights or options herein prouided shall not constitute a icaiver of any rights or options under said note or this mortgage accrued or thereafter accruing. ~n ~1~[[~f ~ the said mortga~or has hereunto signed and sealed these presents the day ar~d year first ahove icritten. Signed, s d and deliuered rn the pres,enee of: ~ ~ ~ ~ " - - - ~ ~_.t~~'~-_._. . . -r!.~i° - ~~--1.~1~ - • - -•--J~!...-•--------- . - ~ - -0~~~' - - ~ STATE O~ FLORIDA. ~ COLNTY OF St. Lucie ' I HEREBY CERTIFY that on t}tis day, before me, an o~cer diily autborizecl in the State aEoresaid and in the County aforesaid to take acknowledgments, personally appeared (ieorge S. and yirginia W. ailsore ~ to n~e k~r~~rn to Ix~ thr ~xra~m di~scrilkYl in and ~~M? e•ci~c•uti•d t1x~ forr~:~iinK imtnmx•nt afNl ~1lyl :u•kna~vledRecl ~ liefom u~e thxt ~@3/ i•~iruh~l tlK• w~uK•. \VIT~F.titi ~ny hand ancl ufFici:?I K:d in the Can~nh• and Stut~~ (act afn~csaid thic 1~~1 clay of i ~p u. i~~ 72 ~ ~ _ ~ ' - _ - FIIE~ ?M" R~~~ROED ST•1~~~= ~~UYT~ FlA• t,~ w~iAYY PUBLIQ iTATE Of FLp ROGE~ t@~ ~~~S ~ n t 6Ur.~,aS10M E1(p ~t,~RK i•1 ~'vU1T COURT ~ roMr,~ in,zpu~y twE ~ 01''AT.~ $1~ l~,~i RfCOht? ,1ca1FtE0.~--- Dti~2tLqORalt 2 33 PM'~ 2 ~+I~Y t t .~~L~~~;~u;, . , •...~~!yJ~~. ~,rit~i~~ Z=~ I : ~ ~ I~ i ~ ~ ~ , r ! ~,s ;,•.~s'_-.•~•;~'-,';.; . 3 ~ . .,.~,,~s,;-, . , UR ~ I ~ 600K~~.V~ PAGE ~