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HomeMy WebLinkAbout1071 i i and ahall per(orm, comp~y wif{~ nnd a6ide by each und every fhe ag?eementt, atipuloUona, conditiona 4nd ~ covenants Ihereo~, and oJ this mo?tgage, then this mwtga9e w~d ~h• eatate hero6y created, a1~oII eease, d~- ~ termi~e and 6e nuU a~d ~oid. ~ ~ I~I~ lhe mortgago~ tien+6y jurfher rnvenanfa and ngrees to pay promptly wl~en due t1~e principnl nnd interest and othe~ sums o( ntoney providec~ for in said note and l~is mortgage, or eifher; fo pay a~l and si~gu~ur fhe toxes, assessmenfs. ~eaies, ~iabi~ifies, o6jigationa. ~d en~u~b~ce, o( every naturo on satd pro- perly; to permit, c~ommtt or su~fer no wasle, Impnirment or dete?~oratian o` satd fand or the tmpronemeab ll~ereon af any time; fo keep fhe bui~Iings now or he~ra(te~ on said ~ared ~uily iruured !n a aum oj not ~e» ~han the principal balance of this mcrtg ge, in a company or compantes aoceptable to the rrio?teagee. !he po~ic~r or policies to be held 6y, und puya6le to, sald rnortgngee, anc~ in fhe event any swn of money becomea payo6le 6y virlue o~ such insurnnce the rnortgages shall 6ave t??e ?fgkt to receive and upply tke sarne to tke inde6tedne~s kereby tecured, ac~countine to !he mortgaqor for any sarplw: to ~xiy all ~ose:, c~argea, nnt~ expenses, including ~nwyera ~eei n?u~ tit~ searcl~es, reasonably incurrec~ or paid by the nwrtgages because of t1~s ~ai~ure of the morlgugor to prompl~r and Ju~~y comp~y wit~ ttie apreements, stipu~attons. ~o?~ditto.u and ~~~ane: of saict note nnt~ t~ta n~o?tgage. or eit~er; to perJorm, comply wit1~ nnd abtde 6y enc/t and euery t~e ngresments, stipulat~ont. c~orulitions nnd covenunts set forfl~ in said aote and t~iis mortgage o~ either. In the euent the mortgaeor ~ailr to pay when due nny tax, nssessment, insw~ance premium o~ ottier sum o( money payable by virtue o~ satc~ nofe and thia mortgage, or eif~er, t~e mortgagee may pay fhe aariee, without waivtng or a~~ecfing the opfion to ~or~ec~ose or any othe~ rigl~t I~eneunder, nnd aI! such payinenfs sl~all 6ear intere:t /rom date thereoj nt tke 6ighest law- /uI r~nte tleer+ QUowed by ehe laws of the State oJ Flo~da any sum oJ money herein re%rred Io be not promptly pnid tuithinthltty ( 30 jlays next a~te~ [I~e snme 6ecomes due, or if each and every tlee agres~nents, stipulations, conditiona and covenanb oj aaid note and this n~orleoge, or either, are not /ully perf orn~ed, complied w~tk and a6td~d by, t6en the entire surit irtentionec~ in aaid note, and this mortgage, or ttie entir~e ba~nnce unpaid thereon, a~ forfhwifk or tl~ereofter, nt the optfon o~ lhe morfgagee, become ~d 6e d~ aRd ~~61~, nnqthing in sn~ ~tote or hetetn - to the contrary notwitl~atanding. Failure by the mortgnges to exercise any o~ the rig~ts or optio?u herein provided sha~~ not consfitufe a waiver oj any rigl~ts or options under snid note or tl~ia ~noHgnge acc?ued o~ f{~erea~ter accniing. ~n ~1~~ WIK~ tl~e snid mortgagor has ?~ereunto signetl and sen~ these presenls the c~ay nn~ year ~irst a6o~~e written. Signed, sealed and delivered in the presence o/: _ ~iF~ c~:--- ---C~/1~~.L,._....._ .-cz.~-.SL.---~-----~- - - - - - - 1 Paul H, rough - . - - - . . ~C.. Donna Desborough . 1 - / , , - . - , STATE OF FLORIDA. ~ ~ Courrr~r oF ST. LUCIE ~ I HEREBY CERTIFY that on this day, beforc me, an ~ , i o(ficer duly authoriud in the Stat~ aforcuid and in the. County atoresaid to talc~ acknowkdgments~ personally appearcd 3 j Paul H. Desborough and Donna Desborough, his wife, ~ f to m~ tnown to b~ the personS described ia and who executed the (orcgoing instrume~t and the ~~pOW~~ ~ , X. ~ ; before me that they~x«~e~a the same. • ~-r^ , ~ ~ . . . Wi7'NESS my hand and official seal in the County and Stat~ last aforesaid this .~,~fi}';~L ~j~Of e September A. D. 19 '~2 . . : :i;'~ ~ ` ~ . . '-f~r v r~;'•~:`~~} ~ , - . '.•;.r ~.'~8~'i FlLEa AHD RECpRDE0 P--' tt YiG~~~-'.,~" .'`~'"`-;-,v--~» tT.lUC1E COUMTY f1,A. ~ V~,> : c; . ROCfR POtTRAS L~ 5t te of Florida ~ I~rg@~ CLEIIK ClRCUIT COURT ' ~ t RECOR~ VEF.tFIEO My Commission Ex ire~~s~ f 1 P ~ 7.~ K1 i~ 2 ~v PM NptA~~ ~YdU6. iiAlE UF FIUMwA A1 W+a IY C4MMiSS10N EXPIRES (~OY. 11r 12 2,1+~~ ~[p =MR~N rRE~ M. p1E~TiLypA~1 i c ~ Th~ Lwnn,rc~,i ~rc~nird i THIe 1 S UMiN PREPAREO 9T ~ ~~~~fjp'~t ChfARLES R. P. BROWN U k 206 ~ ~+p ; P.o. Box ~~~e • 30~ S. 6TN gpOK PAGE ~(!O FORT PIERCE, FLORtDA 334a0 I ~ I z r ,;'s~y ~ i ~ _ - - - - - ~