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HomeMy WebLinkAbout1779 I ~I t anc~ s1~all per~orm, romNly ~vitf~ a~~d abide by eacl~ and every the agreement:, :1lpulalions, conditions and co~~enanls IhereoJ, nnd o~ t~Is mo?tgage, IAen f~is morfgage and t/ee ealate l,.~e6y rn+afed. s~a~~ cease, d~- t~rmit~e and Ge null an~ unicl. , ~nd I~iP morfga~or I~eruby (urt~e~ rnvenanta nnd a9rees to pay promptly when due Ihe principnl and inferest and ofher sums o( money provi~ec~ (or tn saic~ note ant~ fhis mo?tgage, or eif~er; to pay a~~ ar~d stngu~a~ 11~e fa.res, assessmenfs, levies, ~labt~ilies, ob~igations, and encumdrances ol every nnture on satd pro- perfy: to permit. co~nmi! or su)~er ao u?asfe, tmpairment o? deteriorntion o~ satd bnd or fhe impro~ements fl~ereon at any Jimp: to kPep ihe 6uildings now o~ hereajle~ on snid land jully insured in a sum o~ not Iess Ihan No insurance required. ( . . _.,..~~..e ..,,?:..:a. bp[d b~, and w.yable - 11~ a ~om~any ~i' CDIII~IQflIPS QI~I.C~Itlaal?v ~v i~~v ....a::is--. . fo, sai~ mortgag~e, anc~ in fhe enent any sum of money becomes ~xiyab[~ 6y virtue of such insuraRCe fhe ~ mortgagee shall have the right to receive and app[y the same to tl~e indebtedness hereby secured, acrnurtting ~ to the mort{~a~or Jor any surplus: to pay a~~ costs, charges, nnd expenses, includ~ng ~rvy~s fees antj ttt~e searc{~es, reasonably incurred or paid by the mortgagee because of t~e ~oilwe o~ f{~e n'~ortgagor fo prompt~y i~ and ~ully comply u~i(I~ II~e agreemenfs, stipulations, condition~r ared covenants oj said note and t6is mo?tgage. or eif/~er; to per(orm, comply with and abide by eacle Qnd every t{~e ag?eements, stipulalions, conditions ane~ ~i covenanfs set (ort{~ in said note and t{~is mortgage or eit~er. In !he event the mortgogor ~ails to pay when ii due any tar, assessmenl, insurance premium or other sum oj moRey ~.yn6[~ 6y virtue of said note and this n~ortguge, or eifher. Il~e mortgagee may pay the snme, wit{~out waivirtg or af~ecting the option fo lorec~ose or any other right hereunder, and all such payments shall 6ear interest (rom date lhereo( at the I~Fg~iest Inw- ~uI rate then allou~ed 6y tl~e la~us o( t{~e Stafe o( Florida. i~ j 1 l~ any sum oj money herein re(errec~ fo be noi promptlq pairl urit~in s~seys next a~ter . ~i the same becomes due, or iJ each and euery the agreements, stipulations. conditions and covenunts o~ said Ej noie and this mortgage, or eilher, are not (ully per/ormed, c~omplied with and ab~ded 6y, t1~en !be entire sum mentioned in said note, nnd this mortgage, or tl~e entire 6alance unpaid tl~ereon, shaU (ortl~with or thereaJter, at Il~e option o~ t{~e mortgagee, become and 6e due and pnya6le, anything in said note or her~ein } fo t{~e contrc~ry nolwithstanding. Failure 6y the morfgagee to exercise any o` the rights or opttorta here~n M~ provic~ecl sha~~ not consfifute a waii~Pr o~ any ~ights or opfions unde~ said note or fhis ~rtortgage accrued or i` t~ereaJter accruing. ij ~n ~itness ~hereof~ tF~e saicl morfgagor has hereunto signed and sealed l~eese presents t1~e !i c~ay ancl year jirst aboae «~ritfen. i~ ~r ~ ~ gRP SP P Q ~(IP~%lrPfP~ ifi j~P PrPSPRCP Of : , ~ ~ ~i' ~ ~1 ' - ~ { ~ ~ ` ' I ~I t ~i ~ . I' r~ t1 i I~ STATE OF FLORIDA, COUNTY OF ST. LUCIE ~ I HEREBY CERTIFY that on this day~ before me, aa o((icer duly authorized in the Stat~ aforcsaid and in the Counry aforesaid to tak~ ackaowiedgments~ persona(!y appearcd CECIL E. PRESCOTT, Trustee to m~ known to be the pe~rson described in and who execut~d the [ongoi~g instrument aad he acknowkdged _ befor~ me that he cxccuted the same. N'IT~ESS my hand and of(icia) seal in the County and Statr Iast ataresaid this ~ day of ` ~3/ A. D_ 19 7Z ~ . ' otary P State of Florida at Large p E My cpm ssion expires: ~ E1~E0 ~OUNtr f1.A- ` ~ . ~ at.tll~lER P01TflAS , . : ^ i `I - - t~ . a~~ ~?~cCV~S COVat ~ ' EC~aO ~~R,f1EO N~A' ~bTic, 31i~ed #~,~j~ = R '12 ~;,~;F.,d ~ • Z1 3 44 eK ~ ~ ~ ~ 10 ~ M~ ~ ; ~.~sj• ~ ^;:,''~......••.i ~ ~ ci 1'1 ; 2 ~OOK ~O~ PAGE 17 1 O ' ~ - - -