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HomeMy WebLinkAbout0742 an~ shall perJorm, comply u~i1h and a6ide 6y ~~ach and o~~ery ihe a~reements. stipulations, conditions and covenanis t~ereo~, an~ of this morfgafle, Ihen fhis mort~a~e anc~ 1{iP esfale ~~Pre~y creafe~, sha~~ cease, c~e- fe?mine anc~ he nu~~ ancl voic~. ~ fhe mortgaQor Iiere~y jurther covena~ts and agrees to pay promplly when due the principal and inferest and othe~ sums oJ money provided /or in saic~ note ancl ttiis mort~age, or eilhe~: fo• pay a~~ and sin~ulnr fhe ta.res, assessmenis, lenies. I~ab~1~~~PS, o6ligaiions, and encum6rances of every nafurc? on saic~ p~o- perty: fo permit, commil or su~fer no u~aste, Impairmonf or c~eleriornfion o~ saic~ ~anc~ or Ihe improvemenfs thereon ai any fime; to keep fhe buildinfls noio o~ ?~erea(tPr on said land Jully insurecl in n sum oj not less than a reasonable value in a company or companies accepfab~e fo !{ie morfflagee, f~~e po~icy or po~irl~s to be held 6y, and payable to, saicl morfgagee, and in l~e pvent any sum o~ money tic~c-omes payah~e ~y i~irlue o~ such insu?ance t~e morfgagee shal! ha~~e the rigf~t to receive and npply fhe snme io tf~e indebtedness here6y secured, aocouniing fo I~~e mortgagor ~or any surp~us: lo pay a~~ cosfs, charges, an~~ expenses, inc~uc~infl Iau~yer~s Jees ancl tille searc{~es. .+~~o?~a6ly incurrecr or paid ~~y Ihe morffla~ee ~c~cause o~ fhe ~ai~ure o~ the morigagor to prompt~y ~ and (u~~y comply wefl~ II~e a~reements, sfipu~alions, conc~ilions an~I cot~~nants o~ said note and fbis mortgage. ~ o~ either; to perjorm, comply u~ifh and a6ide 6y ench and paery the agr~emenfs, stipulations, eondilions and covenanfs set ~o?f~ in sai~ nole anc~ this mortc~a~~ or either. In f~e evenl I~e mortgago~ ~ai~s b pny when due any tax, assessment, insurance premium or other sum o( money payahle 6y i~irtue oJ snicl note und this ~ morfgage, or either, tE~e mort~agee may pay t~~e same, u~ilhoul waivin~ or ajfecfing fhe opfion (o Joreclose f or any other rigF~t F~preunder, and a~~ such payments s1~aI1 6ear interest f rom ~nle thereoJ al tl~e 1~ighest ~aw- ~~uI rate fhen allou~ecl 6y Il~e laws o/ the State o) F~orida. any sum of money tierein referrp~ to ~e nof pro:npt~y paicr u~il'~in thirty crnys next a(le~ ~ fhe same becomes due, or i/ eacli and every Il~e a~reements, slipulations, conditions anc, covenanfs oj suid ~ note and ll~is mortflage, or either, arp not Ju~Iy perJormecl, complied wilh and abided by. Ihen the entire ~ sum menlioned in said note, and this mort~age, or the entire 6alnnce unpaid Ihereon. Shal[ jorfluuith or ,f fhereaJler, at ttie option o~ t~~e mort~agee. 6ecome anc~ 6e due and paya6le, nnyl~~ing in saic~ nofe or herein 9~ to t~e confrary nolwithstantling. 1=nilure 6y 1~~e morf~a,ryee !o exercise any oJ ltie rig~ls or opfions ~erein provicrec~ Shali not constitute a waii~er o~ any rights or opfioiis un~er saic~ notp or f~is mortgage accru~ or i~ereaJter accruing. I~ ae~~ f it-~. "a r, . . . . - ' . ` / ~ (CORPORr1TE ~n ~~tness ~dhereof f~~e mortc~agor ~as cnusetl tl~ese presenls fo ~ • . ~F_AI.I 6e execufetr in its name, and its corporate seal to 6e {~ereunto a~~ixecj, by its • " ro ~r oJ~icers thereunto ~u~y aufliorizetl, t{?e c~ay nne~ year jirst a~iove written. i ' ' - ; ~ A7TEST ' LO---- DE GROVES, INC. . - - - - - ; I Patricia A. Jo on, ~M~n.,~ ~ ~i Signecj. s,ga~ec~ onc~ c~e~inerec~ in f~e prnsencp o~: • I ^ ! ~ ' I~) R~~- ~ --e~-/ . - - - . - • Presidrnt ' . . Brantle chirard ~ ct-c~~~G. ST1LUCIE COUNIA ROCER pp~T~~l CtERK CIRCUlt Cp~qT ~ RECORD VfR1F1ED J~ 1~1 2 O? Py'rt ~~te Ol FLORIDA 1 O` ST. LUCIE ( 233319 ~~i?:?rr:Bi ~rR~ r?-~~ ~6nf `u~ f~iis ~~u~. fwjore nN•. on u~rirvr Ju~p aul~~uri~~~ in ttie tfut~ an~~ (~a~nly ajntrwi<~ lo [a~rv ar~nou~~J9- ~I mrnis. IWrsorw~~y up~~•ure~~ J. BRANTLEY SCHIRARD and PATRICIA A. JOHI~TSON ~ ~.~F?~ t,~,.~,~~ ~ r~.,~~;dv„< Secretary rrs{w.firely o~ d,P ~o,.~d ~ ~ fi rruw({~cpor in ~or~y~Hng in<Irunirnf. am~ I~~a~ ttiry srren~~~~ oc~n+.u•~v.~qr~I esrrufiny ll~r wmt, in 1~~~ {~n~_wnrn o~ luo su6Yril~n,q u~in~ssrs. ~ i~ ,-~~me~ly-nn~,~~at~~arjli.un~~r n~dhcuilv ~~u~c rv.le~~~ in I~a•rn c.~i~~ eor~x.rufion un~~ I~~at Itiv wa~ o~~irw~ fhrn•!o is f~.r In~r ~-or~xvntv .wa~ o~ ~ ; v. 1 ~ •i ~-~M~hf co.ro.yfi~~n. , ~ Ir'~ ~~~~~~~_\ti my'hi~u~ an~~ o((iriu~ wn~ in I~ir ~ u~ml)- unil ~fnl~• ~osf a~orvwii~ Ihia ~~~~y o~ a7u117 . _ ~:1 n, 2. ~ ' • . - _ . , ~ • . . . . : . ~ - , l - - . , ~ • ~ <..~._c_ -1 _ - . . - - Notary Public - State o~ida ~ ~ at Large. ~ My Commiss ion Expires : S-o? 7~ ~ 'i U R ~ ~ 8~~ 204 ~ .74~ ~I . z, : _ - ~ ~ _ ~ - K ° ~ ~ - , _ _ .