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HomeMy WebLinkAbout2576 an~ sl~a~~ p~~r~o~m. ~ umply ioilh ~n~l al,ide by enrh ancl e~~Pry 1F~e agreemenls. slipu~ationi. condifions and co~~punnls 1~~~~?eK?~. ~n~~ oj 1~~is morf~~u~~~. i~~~?~ Ihis morfgag~ anc~ fhe esfate hereby c?Pal~. s~a~~ ceu:~. d~- f~rminP antr nu~~ ~u~~ roi~~. Iin~ I~~r murt~~ar~~~r ~~~~n•~~y ~urf~ier coi~~nanfs ~n~ a~rees lo pay promptly wI?en clue II~e pri?~cipnl anrJ ir~f~rnsl an~ of~~er sums o~ moni•y proi~i~M~ ~or in sai~~ nofe and fhts morfga~e, or eifher, fo pc~y a~~ nne~ sin~u~ar f~~N tn.c~s. ~usi~ssmi~nis, ~evi~~s, ~ii~~?i~ili~s, oh~i{~alions, nncl encum~~ronces of evpry nalure on saF~I pro- pPilv: fo p~rmiL ~•~~mmif or suj(~~r no u~asfe~, impairmenf or c~eferiorafion oj sai~ ~an~ or Ihe lmprovemertb Itirm~•n al any lim~: 1~ ~~•~~p 1~~~• ~?ui~~~in~~s ~~~~u~ or ~~~rna~Mr on sai~~ ~nn~~ (u~~y insur~~ in a sum o~ not ~ess ~~~n~~ nil ir~ a i•ompanV or ~•onq~anio; u~•i•~•pln~,~~ fo I~i~ morlc~a~~~~. 1{~e po~iiy or po~icies to ~~e ~~e~d hy. and payable to, said murlg~~~, n+ul in 11~~ ~•~~~~nf any sum o~ mon~~y beromPS payable 6y i~irhie o~ such insurance tF~e murf~ac~~e sha~~ ~~a~~~ 1~ie ri~~~~f !u rn~•ei~~~ an~ app~y fhe same to Ihe indehtedness herel~y set'urecr, aceounting fo 1~~~ morf{~a~1~~r ~or any surp~u.: to pay a~~ rosts, c•~~arges, nna e.rpPns~•s, inc~u~ing ~awyer~s jees antj fii~e searrh~s, r~~sonab~y inc-urn~~~ or paic~ ~~y f~u> ntort~ogee ~ecause o~ 1~~e jai~ure o~ Ihe morfgaflor fo prompt~y an~ ~u~~y ~•omp~y u~il~i II~e a~~re~•~n~~r~ls, slipulalions, concritions an~I rovennnfs of saicl note an~I t{~is morfgnge. or ~il~ier: fo ppr~orm. t-omply u•it~~ ~n~ a~~ir~e hy eac~~ an~~ every f~ie agreements. slipu~afions. concrilions antj i~ui~~r~nnls sef (orf~~ in snir~ nole nn~ Ihis morfgage or eill~er. In ftie Fvent Ihe mortgagor jai~s to pay u~hen c~u~ any t~r. ~ssessm~•nl, insumni•p premium or oth~~ s~~m o~ money ~oy~6le tiy i~irfue o~ saic~ nole anc~ ihis morf,ryage, or ~if~~er. Ihe morf~~a~~~i~ ?nay pay 1{~P same, irithoul tuaivin~ or n~~ectin,q IhR oplion to jorec~ose ~ or any oll~Pr ri~~I~f I~erPUriler, an~l all su~ti paymenfs sha~l bear inlerpst ~rom date thereo) at the {~igF~est ~aw- ~u~ rAiP Il~~n allnu,e~l 6~ tl~~ lau,s u~ tli~ ~tale of /=lorida. DL any sum oj mor~~~v ~~e~r~in ~e(errP~ fo hp not promptly paicr wiltiin 30 ~ays next njfer t~~~ sam~ tie~-om~s ~u~, or i( ~ac{~ anc~ ~rery !~e a~reemPnfs, sfipu~afions, e-onclilions an~~ conenanfs o~ said note nntl Ihis martgac~~, or ~ill~~r, nr~ nol JuIIy per~orme~I, compliecl wit{~ nnc~ ab~dpd 6y, then the entire sum menfione~ in sai~ nofr, an~~ 1~~ic mort~lag~, or f~e enfire balance unpai~ t~preon, sha~~ Jort~w~~~ or I~P~PQJter, af f~~n option oJ i~~~ mo?Ina~~~, become an~ h~ due and paya6le, anyf~inc~ in saic~ note or ~iez~1}~;a to i{~e confrary nolu~it~~slanc~in~. Fai~ur~ ~,y fl~e morlgagee fo exercise any of ttie ri~hfs or options"{~Tpi~rel,t~~~ pronicrec~ sha~~ not consliful~ a u•airrr o~ any rig{~Is or oplions uncrer saic~ nolp or Itiis mortgage-~~P~1, cy'% r f~~ernajf~r accruin~~. c. , ~ - ~ • • - . ~j' . ~n ~itness ~hereof~ 1~~i~ saicl morl~~gor ~~~s I~erAUnlo sic~ne~ an~ s~a~pt~ f~s~~~resMts; S4 ~ay an~~ y~ar jirsf nho~•i• u~riffPn. •`~'~~~~i ~ Signea. seale~I nn~ rl~~i~~~rnrl in /6~ pr~.rnc-~ o/: ~ITBD PAR1'NSRS III, INC;"~•. ~ 1 f . . _ - f~ C7c.nA: ~ . . . BY:_ . . ~--%~_..~-•t~. . J R. Rea Fresident l/ ' -.-u,7.~.-- Y~1•- ~ _ - - _ _ _ - - - ~ - - _ - - - - - - _ . . - - - - ~~7 Roland L. Macon, Jr., &e r f , . 'j;v. t ~ .1 af`~ I . _ _ ' . ' ~ _ , ~ ~ ~ . - ' ~ - . .4'~ - 'i~t _ .:C_ 'r . ~ ST4TE OF FL( )RIDA, ~ • ~ / ' j= . . COLT1"TY OF ST . LUCIE i _ I HEREBY CERTIFY that on this diy; be~0ie mt, au officer dul~ authoriz~d in the Statc a[oresaid and in the County aforesaid to tak~ acknowledgments, personally appeared JOHId R. REA, a8 President aad Roland L. Macon, Jr., 5ecretary Treasurer of ITNIT~ PAItTNFRS III, INC. to me known to he the pcrsong described in and who executed the forcqoinq instrument and they actnowkdged bcfor~ me that th~? cxccuted the same. ~ ~~'I7 NESS my hand and ofticial scal in the C:ounty and Stat~• last afor~said this ~ day of ~ ~ October A. D. 19~2 . ~ : i . , , 1 . °----~3_.~:C.~~L . . . .....-•i ~ Notary Public • ~ ' ~ F ROEO My Commiasion Bxpires: 4`~~'S ~7+1 • AND E~~ ' " = ~ S? lUC?t G4UN Y F11~. NO1N:/ PU9UC. •SiATl~0~ fLOR~Di1fAT• w116E adCER ~ ~IjR U~T 1~~~\• MY C~!AMIS°~'~N EX IR6$'S :,2l,~ ~97~ ~ CIER VEF~ If D.~•+~"' ~ BoNDED tBRO ~N! ~ RECORO c .'P' i . ~ e p~t'1Z r~ ~ti ~ p~t 3 llv ~ ~ z . '~`39~3~ soo~ ~~c~~J~ _ ~ IIIIS IILf/rJIJlJfll/ ~117'p(IItY~ I1y: ~~p~RUMEHT ~ecrwreeo sr. ~"~81ter E. Davis : ABSTRACT ac TITLE CORP. OF FLA. • ' ~[f~IC~f 203 s. 2ND fT. FORT r1ERCC. /LARIDA ~ ~ ' ~ ~ ' ~ - - - _ ~ ~ ~ Y - g'*~ -s--~iaa- -t,.;,, ~ ~-~..,.'s°`v~+s~'. . . . . ~~~~':~;`,-y~.~, ~m7~~_ . . - - ~ ~