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HomeMy WebLinkAbout1956 and shall perjorm, comply wtll~ ond nb~d• by .dc6 and evary !~e ngreenunl~. ~tlpulafiana, eondtttonr ond conenants thereo% aRd o/ this mortgap~. Ihen tl~ta mortgaAv and ths sstats h~n6y c~set~d, aleal! cia~~, da- termine and be null and iwtd. ~ 11~e moNgagor hewby ~tu11~~? c~ovenants and agrees to pay promptlr wlean dw ths prtnctpal and infer+rsl and ofher aums o~ money prouidec~ ~or ln salcl not~ wed tf~li morteaq~, w ett~K; to pay au and aingutar t~e faxes, asaessmenls, levles, lia6ilities, objlgattons, wu~ encwnbr+ancea oj ewry na~ure on ~atd pro- perty; f~ perritit. com~ni! or au)~er no waste. Impnirment o~ dete?iorntion of satd land or the improwme~b tl~ereon ot any time; to k~p thA 6atkl~?,gs now or hereaJte~ on sntd Iand jully, i?uured in a sum oj not les~ t{~an in a company or companles accepta6le fo fhe mo~tgagee. lF~e policy o~ poltctea to 6e he[d 6y, and j,o~bb to, aaid mortgagee, and tn !hA euent any sum oj money 6ecomes paya6le 6y ~irtue such tnsurance th~ moregogea aF~nll I~aus Ihe ~gl~t to ?ecei~e and npply the same to the Inde6tedneu l~ere6y aecurecl; ac~eounttnp to f~e mo?tgagor ~or any surplus; fo pny a~~ oosta. c~arges, and expenses, tncluc~tng jawyera fees and fif~i searcl~es. ?easona6ly incu?red o~ pntd 6y the mortgagee becawe oJ the /atlune o/ fhe rriorlgagor to promptly anc~ (ully oomply with f~e agreemenfs, stipu~aftona. c~ortclitions anc/ c~overeanls o/ said note and t6is mortgage. or eithe~; to porjorm, rnmply wttk und abide by eacFe and every tl~s agreernenti, afipulattona, oondttions nnd covenanta sef ~orth in saicl note and this morfgage or eit~er. /n the enent fhe mortgagor ~ai~s to pay w~en due any tax. assessmenl, insurance premium or ofher sum oJ money pnya6le 6y virlue o~ said rtofe and f~is mortgage, or eitl~er, t1~e mortgagee may pay !tie snme, wtt~out waiving or aJfecling t~e option to ~orec~os~ or any otker rig6t he~eunde~, and nll auch payments ahall 6ear inten~t /rom date thereoj at ike higF~est Iaw- rul m1e lhen allowed by the laws oj tl~e State oj Ftorida. ~L uny sum o( money 1~erein re(ened fo be not prompt~y paid uritl~in ~irty days next a(ter t{?e same 6eco~mes due, or ij ench and every Ihe agreements, atipulattons, conditions nnd oouenanb o~ said note and ftiis morfgage, or eitf~er. are not (u~~y performecl, c~omp~ied wit~ and a6td~d by. I~ien the s~ettre ium menttonecl in said nofe, and tl~ts mo?tgage. or the enti~e ~ia~ance unpnid tl~ereon. shall jorthwith or ihereu~ter, at the option oj the mortgages, bec~ome nnd be due nnd poya6le, anytl~ing in said note or heretn to th~ c~ont?ory nolwithstanding. Failure by ehg mortgagee !o exercise any of ihe rlghts or opttont herein prvuided s~all not eonsfifute a waive~ o~ any ?ights o~ optiona under snid note or this ntortguge accrued or t~ierea(fer nccrui~g. ~n ~~LI`~ ~I~Di~ t~e saicl morfgagor ~as he~unto signed and sealed theie pr+esents t1~e c~ay nnc~ yenr ~int above u~riffen. Sfgned, sealc~d un¢ delic•ered in h~ presence o/: ~ . , , . . . , . - , ~ " ' . . - --r-- • _ ' - - • - . . ..r-- _ ~ C - . - - ~ - . _ -^0.~C..n_.~ A.-- ~t~..~n.~.A- sTATE OF FLORIDA, ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day. before me, an o(ficer duly authoriud in t6e State aforesaid and in the County aforcsaid to take a~~uowkdamenb. penonallr appeartd ~'I ~OHN A. MONR and FAYE A. MONR, his wife, , ' to me known to be the penon3. described in and who executed the forcgoins instrument and ~ey acknowkd~ed I before me that they~xK~<<a sarne. ~ ~ WITNESS my }und and officia! seal in the County and State last aforesaid this 19~ da~ oE ~ Mdy A. D. 19 7 2 f ' i ; ,~,,,,,t,~s„?~,,,: . ~ ~ a .......~.~:~wa......_. ' ~ ~ . , - - ' ,'=~,O:T A ~4 ~ Notx~r ~ub&. Stsb of Horida at l~rye ; ' ' r~:" ~Ap Cowm+s:i~n Ex~ires kpt. 16. 1975 i ~ ~ , :r• : r' L r-,1 /e.M~ ~r A.w7cs. a C~+.ilh Cs. ; r. 3 L:,~ G ~t; : ~ E i `Y., stLEO ANO R pEa IUCIE v~~Nt~r pLA. € ROCE%, ?~;tR~S E CtE~K_ }'.~U~t COUR~ ~ ~ RECORB V:tt;~~~~ ~ ~r... ' ~ r~,u r,~~,~,,, rrd 6: ~ Z3 3`~'~ PH 'T t AddrrJS ii:~s~•ume~ Was Preparod k'sy3 C. R. R!cDONALO, JR., Affornw C~i~:~~s Feds•al ~u~id~nq ~ F1. Piercc. Ftoride 37450 BGRK ~i~,r f'~~E - - -