HomeMy WebLinkAbout2002 nn~~ sI~aII prrform. romply u,ilh and abit~e by pa~-h anc~ P~~ery tl~p agreemenla. stipu~ations. conditions and
co~~enanls Ilie?c~oJ, m~d o~ fliis morl~u{~e, thpn Ihis morfga~e and t~e estate hp.eby c?eute~, sha~~ ce~ase, c~e-
tNrn~ine anc~ hP nu~~ nn~ ~~oi~~.
~n~ t~~P mo?fc~n~or ~~eml~y ~urfher cone?~anls QII~ aglPPS lo pay prompl~y when due Ihe princiFal antl
inlernsl nna ol~~er sums o( mo?~ey proi~i~e~ Jor in sai~ note and itiis mortgage, or eilher: fo pay a~~ and
sin~ular Ihe larPS. assessm~nts, lei~irs. Iiabilities, o6lipafions, anc~ e~nc~imhrances o~ every nulure on satcl pro-
pe?ly: to permil. cammif o~ su~jer no u~aste, impairnienl ur crefe?iomtion o~ saitr ~ancr or ttie improvemenb
lhemcrt ~I any tim~; to Ir~~p fhe bui~dinf~s now or hernalt~r on snid ~and )ully insure~ in a sum o( not ~ess
than ~aximum insurable value
in a com~~anv or companies acc~~~fa~~~~ fo I~~e morl~a~~•e, fhe po~icy or po~icies fo ~~e held by, anc~ payab~e ,
to, said mort~~nge~, and in Illp Pl~PIII any sum oJ money 6ecomps paya6le 6y rirtue o/ such insurance fhe
mortgagee s~~a~~ ~iai~e i{ie ri~hl fo receivp ancl apply tlie same to ihe inde6tedness here6y secured, accounting
to f~e mort~a~o~ ~or any surp~e~s; lo pay a~~ costs, charges, artc~ expenses, inc~u~ing ~awyer~s fees antr til~e
searches, r~ason~l~~y incnrr~~ or pai~ tiy 1{ie mortga~ee tiecause o~ ftie ~ai~ure o~ the morfgagor fo prompf~y
antr (ully ~~omply u~i1h fhp apreempnts, sfipu~ations, con~~ifions anc~ coi~enants of saicl note and Ihis mo?tgage.
or eif~ier; io perjorm, comp~y u~ith and a6ide by each an~1 every t{~e agreements, sfipu~afions, condifions anc~
coi~~nnrils s~t ~orth in said note anc~ this mortgnge or either. In tl~p c~~ent tF~e mortgagor ~uils lo pay u~hen
t~u~ any fa.r, nssessmenf, ins~uance prerv~ium or ofF~er sum o~ money paya6le hy t~irfue o~ sai~ note anc~ ttiis
mort~nge, or Pit~~er, fhe morf~a,ypp may pay t{~e snme, u~ethout waiainq or ajfecfing the opfion to foreclose
or any ofher ri~tht F~erPUnder, and al~ siich payments shall 6ear inlerest jrom date IhereoJ Qi rl,e h~9hes~ lau•-
ful rate Ih~n allou~e~l by fhp ~a~ns o~ thp Slale o) Florida.
Dl any sum oJ mo?i~y Iee~ein re~errpcl to tie not prompl~y paic~ wil{~in ten ~ 1~~ dnys next njfer
ihe samP b~c-omes du~, or i~ each ancl e~~ery the a~reements, sfipulalions. condilions aR~ co~~enants oj said
note and this morfgaqe, or either, are nol /ully perjormed, compliecl wif6 and ab~d~l 6y. lhen fhe entire
sum meniioned in said nole._and tl~is mortgage, o~ t1~p entire 6alance unpnid 11~ereon, sF~all jor~F~u~ith or
I?~ereoller. at 1{~c~ option oJ tF~e mortga~ee. 6ecomp ancr bp due and paya6le, anything in saicl note or I~erein
to fhe conlrary notwil{~stanclin,q. Failure ~y the mortgagee to exercise any of fhe rigtifs or optiorts ~erein
proni~Iexl sha~~ not rnnsfifufp a u~airer o( any ri~hfs or opfions uncler sai~ nofe or this mortgage accrued or
f~ierea~ler accruin~.
~n ~itness ~~~`o`~ ~~IP SQI~ MO?~Q!I(~O~ ~IAS IierPUnfo SlQI1P~ ancl seale~I fl~ese presenfs ~~P
craV an~ y~ar Jirsf atiot~e tvriflen.
Signe~l. seale~l and delii~er~d in th~ presrncv o~:
~•h
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s STATE OF FLnRIDA, ~
c~t ~TV c~F ST. LUC IE
I tiEREBY CERTIFY that on this day, betore me~ an
officer duk authoriz~d in the State a(or~said and in the Count}• aforesaid to tak~ acknowledqments, p~rsonally appeared
MEL B. SKAGGS
to m~• knuwn to br the pcrson described in and who exFCUted th~ (orcQOinq instrum~nt and he acknowlcdqed
beforr me that he cx~cuted the samc.
K'il'NF.SS m~• hand and o(ficial s~al in thr Countp and Stat~• last aforesaid this - day o(
J~,:~y,.:.....~.~ a. n. ~9 72.
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~ ~ ' • - : ..i1.V. 1 F_ t:.-•-•-~
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i ~ ~ ~ ; ~ _ Notary Publi ~ State of Florida
~ V ~ . ~ at Large
• My Commiss ion Expires : ( U - `l ~c•
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~ ~ 250
Tiuc
E °ouMTr ~i~
RQCE~ Fr,itRAS
CLEHK ZIR~~IT COURT
~ RECCRD VE~!r'tE~1~_
`I~t. L~ ~ 10 ~J'7~
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'!'/~;s l~,srrr~,nr,n Fn~m~/ hy: ~
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