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HomeMy WebLinkAbout2073 an~ sha~~ per~orm, romply wifh and abide by each and ei~ery f~e agreemenfs, ifipu~alioni, condltions and conenants thereo(, and oJ Ihts morlpa~e, then Il~ts mwtgoge and the estale hero6y c~reated, shall c~ewe, de- fermine anc~ I~e null an~I noid. nlLl~ ftiP mortgaQor hereby Jurlher eovenanls nnd ogrees to pay prompfly when due the principnl wtd interesl and ofher sums o~ money providecl ~or in aaid note and t~ts mo~igage, or eifher: fo pay a~~ nnd stngu~ar f1~e faxes, assessmpnls, ~evies. Ita6~l~t~~~. o6ltgations, and encumbrances o~ every nature on said pro- perly; fo pe~rmit, rnmmit or su(~er no wnsfe, impni~me~t o~ deferioratton oj aatd land or tke improvemenb the?eon at any timp: to keep the buildings now or he?eajter on taid land f ully tnsu?~ecl tn a sum oj not lesa ehan the highest insurable value thereof in a c~ompany or rnmpanies acreptable to the mortgagee, the poltcy or poltcies to be held by, and payabb to, said morlgugee, and in the event any su?n o/ mo~ey 6ecomes ~ya61e 6y virtue a/ auch insurance the ~reorlgagee shall have the right to receive nnd apply the same to the inde6tedness here6y secured, acrounting fo f~e morlga~o~ ~or any surp~us: to pay a~~ rnsfs, c~arges, ancj expenses, inc~uding jawyer s~ees a~ til~s searches, reasona6ly incnrred or paid by the mortga9ee 6ecawe oJ !he jailure o( Ihe mortgagor to promptly and Jully comply with fhe agreements, stipulatio?~.t, conditioru and conennnts o/ suid note nnd this mortgage. or either: fo per~orm, rnmply wtth and abide 6y eack and every the agreemenls. stipu~ations, condittons and covenants set Jortf~ in said note and this mortgage or eithar. In the event the mortgagor ~ails io pay when due any tnx, assessment, insurance premium o~ of~er sum o~ money paya6le 6q ~irtue of satc~ note nnd ttiia mortgage, or eifher, !~e mortgngee may pay f~e same, wilhout wai~ing or a((ecfing fhe optton to (orec~ose or any ot~ter right hereunc~er, and all suc1~ pnyments shal[ 6ear inte?es! (rom date thereo) at the 1~tghest law- ~ul mte fhen allo~ved by fhe lau~s of tl~e StatR o~ Florida. any sum oj money herein re(errecl to be not prompt~y paid wilhin 3~ doys next ujter the same becomes due, or i/ eacl~ and every the agreements, stipulations. conditions and couenants oj snid nole and tl~is mor~gage, or either, are not ~ully per(ormed, complied wit/~ nnd a6td~d 6y, tl~en the entire sum mentioned in said note, and this mortgage, or 11te entire balance unpaid t6e?+eon, shall (orthwith or thereajter, at the option o~ the mortgngee. 6ecome and 6e due and payn6le, anythtng in said note or herein to Ihe contmry nofwithstanding. Fnilure 6y tl~e mortgagee to exercise any of f~e righta or options he?ein provic~ec~ s~a~~ not consfifute a u~aiver o/ any ri~h~s or opfions under saic~ nofe or this mortgage accrued or eberea(~e~ accru~ng. ~n ~~L1`~ ~ t{~e said mortgagor tias hereunlo signed anc~ sea~ Ihese presents fke c~ay an~ year ~irst al~oi~e writfen. igned a eliue?etl the resence o~: ' L.@'~*" - - - - ~ e e`~ Co1e -t---------•----•----•-••---•----•--...----•• ~r•------•-------•••- . i ' ~ ~ ' -1_.l_~1~1..l--- - -~.1.. ~ ~ STATE OF FLORIDA, ~ covrrrv oF ST. LU CIE I HEREBY CEItTIFY that on this day~ before me. an of(icer duly authorized in the Stat~ a(oresaid and in the County aforcsaid to tak~ acknowledgments, personally appeared PETER L. COLE ~o me known to b~ the penon describcd in and who executed the forcgoins instrument and he acknowkdaed betorc me that t1Q executed the same. WI7'NESS my hand and of(icial seal in the County and Sute last aforcsaid this h~ da~ d May A. D. 19 ?2. ~ . 230130 t ~ n_ ~ _ - . Not y Pu lic, tate r'i, a"at ~ arge sT~iuciE coutiir Fi~. My Comm n Expires: RQi,ER r~ITR4S CL?Rr ~ .;,L•tT COURT -`~S ; - rtie^ R F i: ~ : = ~ C 7 . . . . , . M~r 1~ 3 42 PH'72 . ~~~o~~ Tl,u r,w,~,mcnr papared by: . Ad~l,r.ssTM!S~~~CTnl1~IC!~T `l'~C ~n~C~.~r~. u, ~ k ~O~ , f ^ 1 fi,,~~::~ E"c~ t'=.: ~;:,L 3i.;G. 600K PACf~?~~ FO~cT PICK;,E, E L~+.1~A .