HomeMy WebLinkAbout0105 nn~~ s~~a~~ prrjorm, ci>mply ivil~~ an~ aRic(e ~y eac~ ane~ ei~rry fhe ugreemenfs, sllpulatinria, condilJons and
caren~nts t1~P?~oJ. ~u~d oJ this morf~~a{~e, ihPn this mu~tgape AR~ ~~P pslate hereby crPated, shall ceaae, de- ~
IPrnlinp ~nd Le nu1~ und ~~oi~1. ~
Iin~ I~~p morff~a{~or {~~re~y further coa~nanfs a+~d egrees !o poy pmmptly when due the prtncipal and
internsl ai~d other sums o/ monc~y proe~iclec~ Jor tn satd nole and this mo~tgage, or etlher to pay nll and
sinc~ular fhe taxes, ASSPSSIl1PI1~S, lee~ies, lia6iliiies, obli~ations, and encumbrances o( eve?y nalure on said pro-
pPrfy: lo ~rmil, commit or c~~f
f~•r nu u~oste, impairmenl or ~eferioralion o~ saicl ~and or Ihe improvemenfs
~hNrnr.n a1 any ~ime: to ~PPp IhP I?ui[din~s nou~ or IIP~PQJt~r on said land Jully insure~I in a sum oj not less
~I~an maximum insurable value
in a co~n{u~ny or rompani~s acc~pta6le fo fhe n~orfgaflee, the policy or po~icies to be heid 6y, and payable
to, saic~ ntoM{~agee, anc~ in ihe ei~e~it any sum oj money 6ecomes payabje by uirfue o~ such ~nsurance fhe
mortc~a~tee Sha!! ha~~e !he riyhi to rereive and apply tl~e same to the indebledness herrby secured, accounteng
to fhe mortfla~or jor uny surpjus; to pay a~l cosfs, c%a?ges, and expenses, irec~udeng lawyers fees and ttlle
SPpK'~1P5, reasona6~y incurre~~ or pai~I by I/ie morfgagee hPCQUSp Of fl~e (ui~ure o) the morfgagor to prompl~y
an~ ~ully comply witti f/~e ag?eemenls, stipulaliona, conc~ifions anc~ coi~enanls oj saic~ nate anc~ Ihis morfgage,
O~ Pl~llPr; fo perform, co?nply u~ifh a»d abidp 6y earl~ an~I e~~ery !he qgteemenls. stipu~oiions, conditions ant~
coa~narifs set jorth in said note and lhis mortgage o~ either. In tl~e event the mortgago~ jails to pay when
due Q?,y tor, nssessment, insurance premium or ofl~er sum o( money paya6le 6y virtue oj said note and tF~is
mortgage, or eit~~er, f~e mortga~ee may pay fhe ~same, withouf waioing o~ ajfecfing the option to jorec~ose
or any olher rig{~t F~erpi~n~er, and all such pnyments sF~a~l 6ea~ inte~est jrom ~ate t~tereof at t~e I~ighest law-
(ul rnle then a~~otaed 6y 1he lau~s of ttie State of F~oridn.
~l any sum o( mon~y {~e~ein re~prre~ to he nol promptly paid witf~in 3~ dnys nexl ajfer .
fhe same 6ecomes due, or i( eacti anc~ et~ery tl~e agreements, slipulations, condilions anc~ rnuenanls o/ saic~
note and this morl~ac~e, o~ ei~her, are not /ully perjormed, complied witl~ and a6~ded 6y. Ihen Ihe entire
sum mentioned in said note. and this morfflage, or the enlire ba~nnce unpaid Ihereon, sha1~ Jorthwith or
thereaJlBT, at tha option oJ tRe mortgoc~ee. 6ecome and be due nnd payable, anytl~ing in said note w herein
f~ f~ie conlrary noiu~itlistan~Iing. Failiap ~y the morfgagee fo exercise any of t~e rigtits or opfions ~erein
proric~c~~ s~a« nof conslilufe n u+aiaer o~ nny ric~~~s or options ur~c~pr sai~ nofe or this mortgage acc?uec~ or
t~erea~l~r accruing.
~~n ~itness ~hereof~ lh~ sai~ morlqzqor has I~emunlo siqnet~ an~ sea~ecl I~ese presenls fhe
~ay ~nc~ year ~irsf a~,o~~e tnrttfen,
Siqneil. ~SPA~P~ Ap~ OPIl1~P~PlI IIl ~hp ~fpSP/1CP O~: -
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STATE OF FLORIDA, ~
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COU1TY OF S t. Luc ie
I}IEREBY CERTIFY that on this day, before me~ an
officer dui~• authorized in the State a(or~said and in th~ Count}• afor~said to tak~ acknowiedqments, penonally appeared
' Robert A. Cooper and Samuel D. Steele
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~ to me known to br the penon S deuribed in and who executed the fur~¢oinq instrument and they acknowledqed
i b~forc me that they ~X«~«a the same_ - '
~ ~~'1T~ESS my hand and o((icial seai in th~• County and ~tat~• last a(oresaid this day of
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ALtc~i2St A. D. 19 72 ~ ~
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Notary Public, State f Fla. at Large
_ f My Commission expires: (1? , 7~
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! ~ . • . ST.lil;,~:' .:lt~HTY FLA.
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l7~is launni«n~ prrpnm! hy:
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