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HomeMy WebLinkAbout2582 and ahal! pe?~orm, comp~y wif~ aad abtde 6y ~h and ei~ery f~e agreements, ~ttpujationi, condtttona nnd covenanta thereoj, and o/ tl~i: mortgape, ihen Il~is mort9age cnd ths eatate hero6y crontecl, s1?nI[ cewe, dt- te?mine and 6e null and iwid. nIN~ fhe mo~tgEflw he?u6y /uMl~er rnve~ants and agrees to pay promptly when duv the pr:ncipa~ and interesi and other sunu o~ money provided lo~ in satd note une~ t~is morfga~e. or eil~K; to pay u« ar~ atngu~ar t~e faxes, assessments, ~evies. [~a6~G~~~, ob~tgatto~t, und encumb?~ances o/ every nature on snta~ pro- perty: lo permlt, rnmmif or sujjer no waste, ien~aI~menf or deteriorafion of satd bnd or fhe 1mpro~einenb t~e~rcn af any lime; fo ~eeep f~e buildings now or her~a(ter on aatd Iand ju~ly truurec~ tn a aum o~ not ~esl I~nn in a company or compa~ies acceplab~e fo fhe neorlgogee. l~e po~icp o~ po~tcies to be held 6y, and pnya6l~ fo, snfcj mortpagee, an~ ire f/~e event any sum o~ money bec~omes r~ya6le 6y virtue oj suc~ inswance the mortgagee shell I~ave tbe right to receive and apply tl~e same to tl?e inde6tedneu kere6y sacured, accounting to t1~e morfgagor (or any surp~~~,s; to pny o~~ costs. charges, and expenses. tnc~uding bwyer s`ee~ aru~ tit~i searches, reasona6ly incu?re~1 or paid 6y tke moHga9ee 6ecnuse oJ ihe /ailure oj the mortgago~ to promptly ~ and fu~~y comp~y wifh ftie agreemenls, stipu~atlons, condttions and oovenanis oj said note and t1?its mortg~e. or either: to per(orm, comply with and a6ide by eac6 and e~ery tl~e agreementa, attpulations, condittons and couenants set jorth in said note and ihis moNgage o~ either. In tlte event tl?e mortgagor fails to pay wleeR due any tax, assessmenf, insuranoe p?emium or other sum o~ money payable 6p virfue of aa~d note and i~is n~orlgage, o~ eif~e~, t~ie mwtgagee may pay the same. without u~nt~ing or a/jecting ttis option to ~orec~os~ o? uny other right l~ereunde~, and alI sucl~ payrrtenta sleall bear interest ~rorr? dute tker~eo/ at the hig6est law- ruI mte fl~en allowed by the lau~a oj t~e State o~ Floridn. 1` any sum o~ money J~e~ein re~emed fo be not pron~epl~y paid within thirty dari next a~~er fhe same becomes due, or i~ euch and every fl~e agreemeaets, stipulaltons, rnndttions and oouennnb of said note ancl ihis .nortan~e, or either, are not jully perjormed, complied wit1~ and ab~d~d by, then 1he entiro swn mentioned in said note, and this mortgage, or the entire balnnce unpatd t6ereon, sl~all fortl~with or therea~ter, al f/~e option o~ the mortgogee. 6ernme and 6e due and pnqable, anything in snid note or I~erein to t~e contrary notwiflistanding. Failure by the mortgagee to exercise any of the righls or opttona ~ie:+ein provided shn~~ not consfifute n waiver oj any rig/~ts or options unde~ satd note or f~is mortgage accrued or t~er±ea~fer accruing. ~n fhe said mort9agor 1?ns I~ereunto signed and sealed these presenb !1?e ~/ay an~ year f irst above written. $ig , sea eGuered 'n t presence o~: • ~ • ~.~c.-"L~ . . . . - - ~ - • - - . . , _ - ---R....._.~~~,~..---.--.-- BTATE OF FLORIDA. ~ cour~v ~F ST. LUCIE I HEltEBY CERTIFY that oa this day. beforc me, an of(icer duly authorized in t6e State aforesaid and in the County a(oresaid w nke acknowkdgments, penonallr appeated DANIEL D. DENT, a single adult to me Enown to be the person described ie and who executed the fo~egoing instrument u?d he acknowkdsed before me that he e~cecuted the same. WIINESS my 6and and o[ficial seal in t6e County and State last atoresaid this 3~.St dar of MaY ~?~;D. 19 72 - \ . ._~~,..ck~._ .~`\!I~~t..~.n,~r , • ' , ',r ' , - ` - Notx~r Pu61ic. State oi fJ~rida at (ug~ ; - - M~r Commi:sion E:pires Sept. tb, 1975 ~ • ~ ~ ` ~ , fwd~A ~r Aa~ricM fi~ i Gs~a4f G. v V : ~ . 'r~? ~ ' `_y' FItED :?i0 RECO~tDED~ ~ S7.lUC1E LflUMTY FIA. ~ ROCc• ~ ~31T~A5 Ct E.°-~. :%'<<t COURT FFCG'1 "r:'r • .0 17iis Ins?rumrn~ prrprred by: ~ 3~ ~ 48 ~H ~ ~ Z ~ ; ~o~zoz ~z~ao Addrr.~r z~492 , ~ y-~~ .r