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HomeMy WebLinkAbout0436 and sl~all per(orm, comply u~ith arid o6ide by each and every the agreemenls, sttpulations, conditiona and conenants (hP?PO~, and oJ this mortgas~e, the~ ll~is mortgage and tl~e estate hereby crpalec~, shall cease, de- fprmine QIl(t GP nu~~ ancr i~oi~l. Tln~ ff~P mortga~or ~ien~6y ~urt~er covenanls ancr agrees ta pay prompfly when due tl~e principal and inferesl anc~ of~er sums o~ money proniclecr ~or i?e said note ane~ I~is morfgage, or eifher: to pay aj~ Qnd ain~u(ar lf~e tnx~rs, assessmenfs, IPI~IPS, Iiabijilies, o6li~ations, and encu~r+brcereces of every nalure on snid pro- perly; to permif. commif o~ su~~er no u~asle, impairmer~f or c~elerioration of said land or the improoementa f~ernan at any firnp; to ~r~ep f~iP hui<<<iie{~s nou~ or herPajter on snic~ ~anc~ ~u~~y insure~ in a sum oj not ~eai lhan NOIl@ in n c•om~nv or companies arceptn6le to t{ie mortga~ee, Ihe policy o~ policies to 6e held by, ancl puya6~e to, saic~ moHgagee, anc~ in (I1p PNPIII any sum o~ money 6ecomps payable by virtue o~ such insurance the mortgagee s{~al~ have the right to rc~•eii~e and apply Ihe same to the inde6tedness here6y securec~, accounting to fhe mortga~or ~or any surp~us; fo pay a1~ cosls, ctinrges, anc~ ~xpenses, inc~u~ing jawyer~s ~ees and lit~e senrc'~es, reasona~~~y ~IICIIRP~ or pai~~ f~y t/~e mortgagee ~ecause o( tlie ~ailure o~ f~e morfgagor to prompflq ant~ fu~~y c'omply wif~ t~ie a~reemenls, sfipulafions, con~ifions an~ covenants oJ snict note and t~is mortgage. or eif~ier, fo per(orm, comply ~uilf~ and nbide by eac~ anc~ every fhe agreerreents, sfipu~ations, condifions and cou~n~n/s sef ~orl~ in said note ancl thrs morfga{~e or eit/~er. jn thp event the morfgagor fai~s to pay w~ten du~ any fax, assessmPnt, insurancp prernium or oll~er sum o~ money pnyu6le by t~irtue o~ saicr nole and t~is mortc~agp, or eif~~er, f~~ morl~a,r?e~ may pay Itie same, wit{~oui waiving or a(jecling ttie opfion fo Jorec~ose or onyo ufl~er rinl~l I~er~un~hr, nnd all such puymenls sha~I 6ear interest Jrom date tF~ereoJ at the highest (au•- )u~ mle 16en allotued ~>y 11~~ la~vs o~ 11~p Stale of Florida. DL any sum o~ money {tPrein re~erre~ lo be not prompi~y paid wittiin thirty c~uys next aJler t1~e same 6P~omPS d~i~, or i( each and every the ngreements, stipulations. conditions and covenanls o( said note and lhis mo?tqac~~, or either, are not Jully performpd, complied wif{~ nnd a6ided 6y, t1~en the enlire sum mentionec~ in said note, and t{~is morlgnge, or t1?e enti?e 6a~ance unpnitl t~tereon, shal~ (ort{~witf~ or ll~ereafter, nt Ihe option o( the mortga~ep. 6ecome an~l 6e due and paya6le. Qnyt~ing in saic~ note or herein to f{~e contrary notu~ifhslancling_ I=ailur~ 6y t6e mortgagee lo c!xercise any o~ t~e rights or options ~erein pronic~ec~ shall not constilute a waii~er oJ any rig~its or options uncjer sai~ no(e or fhis morigage accruecl or tl~ereaJt~r accruin4. ~n ~~tn~s ~~~Q~[~ tf~e soid mortga4or has I~ereunto signpd and seale~I t~ese presents f{~e ~ay ana year Jirsf a~ouP iarilfen. - 1 SL9/iP~. 1P~ Q/I~ ~PI[[~Pl f ~~P PSP7tCP Of : , _ - - - . - . . Malcolm Menninger -----~'!-~~~:{.r~.'.~?~~-~'-~-.~-1- . . . . .........................~.-----1~ ~ - - - - ~ . . . - _ - - _ . ~j _ ~ . STATE OF FLORID4, ~ COU~ITY (~F St. Lucie I HEREBY CERTIFY that on this day, before me, an o((icer duly authorized in the State aforesaid and in the County aioresaid to tak~ acknowledqments, penonally appeared MALCOI~i MENNINGER to me known to be the person described in and who eaecuted the forcgoing instrument and he acknowlcdged ' befor~ me that he ex~cuted the same_ 1V17:VESS my hand and official seal in thc County and State last afonsaid this 29th day of September D- 19 72. . . ~ < <<. ~ l~~ ~ F~~o ~?Mp R~~o~~ ' otary ~ S ate of Florida~ st. ~uc~ R Po~ta~?s ` U a t Large ~~ER~c,.,cutt ca~RT My Commission Expires : /~IaDll RECURO v`-F~ftifO Q~ l0 ~Z~'ZZ . • ~ Jf.~I~.._'i~. ~ 2396'71 = ; : ~ ~ - . ; ~ : ; ~ ' : c~ ~ s = a~ : . s'•• . . ,~~~2..~~;~~. 1lris Irum~n~rn~ prFpnn•d by: Add,~u - ~ ~2U7 ~ 436