HomeMy WebLinkAbout0294 nnd shall pcrJorm, ~•omply u~ilh aezd a6ide 6y each and enery ti~e agreemenls, atipulntioris, contlitions nnd ;
~ ro~~enants the?pof, ~nd oJ fhis mort~ane, then fhis mortpa~e and !he pstate here6y crPated, shall cease, de-
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7i~ Ihe murtflanor ~~emtiy f urthe~ coi~enanfs anc~ agrees fo pay p~ompfly when due !he principal and f
inlerns! ar~cl other sums o! money provided ~or in saic~ nofe and t~ts mortgage, o~ eilher; lo pay n~~ and ~
singular f1~e fa.rrs, assessmenfs, le~~ies, lia6ili~i~s, o6li~alions, and encum6rances o/ every nature on said pro-
perfy; fo permit, commit o~ sujJpr no wasle, impairment or aete?ioralion of saic~ ~and or the improvemenfs +
ttiereen af anv fime: fo ~PP~ I~IP tiui~cli~~s notr or IIPfPQ~fer on saicl ~an~ ~u~~y instuec~ in a sum of not ~ess ~
Ihan from time to time unpaid. ~
in n company or compnni~s acc~pta6le to Ihe morfyafl~e, ihe policy or po~icies to he hpld 6y, and payn6le
to, saic~ ?rtorfgagee, an~ in I~e euenl any sum of money 6ecomes pnynb~e 6y vittue o( such insurance the
~nortga~ee shall I~ai~e th~ ?i~ht to receiae and apply ihe same to the inde6ledness F~ereby secured, acc~ounting
to ttie morfga~or jo~ any surplus; lo pay a~~ cosfs, cha?pes, and expenses, inc~udtng ~awyer~s ~ees anc~ Itf~e
searcties, reasonati~y i?icurrec~ or ~a~d 6y thp morfgagee because o~ t{~e lai~ure o/ the mortgagor to prompf~y
and (ully comply with the ag~eemenls, slipulations, conditions and covenants o~ said nofe ancl this morfgage. `
or eifher; to p~r(orm, comply witl~ and nbide 6y eac{~ a~a enery the agreements, sfipu~afio~s, condifions and
corenants set jorth in said note nnd this mortgage or eilher. ?n tl~e event tRe mortgago~ /ails to pay u.~hen
due any tax, assessment, i~surance premium or ol{~er sum oJ money paya6le 6y virtue of saicr nofe unc~ this
mo?fgage, or eif~~er, the mort,qa~ee may pay I~e same, wilhouf waiving or a(~ecling fhe option fo ~orec~ose
or any olher rigF~t F~erPUncler, and al~ such payments sleall 6ear interest (rom ~ate fhereo) af the ~ighest ~aw-
(ul mte then n~lotue~~ by the lau~s o~ fhP SIpIP of F'lo~ida.
~L Rny sum oj monAy ?~erei~+ re~Prrec~ lo he not prompt~y pnitr within 3Q days next aJter
IhP SA?i1P 6ecomes d~ee, or iJ eac{? nnd Pl~Pfy IRP agreemenfs, stipulalions. condifions and covenants o~ saicl
nole and this mortgage, o? Pitf~er, are ~ot ~u~~y per~ormec~, complied milh ancl a6~ded 6y, Itien Ihe e~tire
sum mentioned in said not~, and t{~is mortg4ge, or the entire bnlance unpaid Ihereon, shall Jorthwith or
thereafter, at the option o) tl~e mortgaflee, 6ecome and 6e ~ue and payable, anytl~ing in saicl note or herein
to Ihe conirary nohrifl~stan~ing. Failure tiy ttie mortgagee to exereise any oj the righfs or options ~ereirt
proi~ic~ee~ s{~a~~ not cansliiutp a u~ai~~er oj any rig{~ts or options unc~er saie~ nole or this morfgnge necruee~ o~
t{~ereajf~r accruinc~.
~n ~~~~5 ~hereof~ the saicl morfgagor hns I~ereunlo signec~ an~ spalec~ fl~ese presenfs ftie -
tlay ancl year ~irst ohot~e ~oriflen.
$ig?~pt~. sea~pt~ nn~ t~P~it•ere~ in f~~e pr~sPnc~ o~:
. : n171-;-4- ~~i. ~-c _ UNI... ARTNERS__III...._ING-•-~----~
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~ 4~-- - - ---By~ Zw /Le: .
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- - - -h .."K: ~-Rea ~ .'Presi eri£'--- - ~
; By: ~'t~ 'S - -
- - . . . - - _ - R~I~iid ~-L-:---Macoii.;_.. r . , Se retary
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STATE OF FLORIDA, ~ _ . - ~ v' ~
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Cc~L'1TY c~F St. Lucie • ` ~ ~ - ~
I HEREBY CERTIF1i that on this d5y~ ~o}~(~t~e,"ap;~`
o(fi~er c1u1~• authorized in ihe Stat~ aforesaid and in the County aforesaid to take acknowledqme~ts~ p~raonally ippeared
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JOHN R.'REA, President and ROLAND L. MACON, JR., Secretary
to mo kno~.n to be the p~•rson S described in and who eaecuted the (or~ROinq inst~ument and they acknowkdgtd j
belor~~ ~ne that they ~x~cuted th~ sam~. , ~
~~'ll~`ESS my hand and official seal in th~• Countp and Stat~• last afor~said this ,~L'~
June _1. D. 19 72. ~
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PIIE^u A• NC;:.::~JED ~ ~ f '
` ST.I~:~_ ::OUV~Y FL4. . • 1;.-•'~':- - = i
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77ii~ Inslniurr-M ~+re f~r~n~d /y: ltoland r.. Macon, Jr.
~ ;~1il~lr~~cc P.o. Box 1Z52 ~ R C~ `
~ Fort Pierce, Florida 33450 gppK(rOV PAGE ~v~
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