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HomeMy WebLinkAbout0880 anc~ s~~a~~ pe~r~orm, co?nply wil{~ an~ ahi~e hy e~uch anc~ ~~~ery fj~e agreements, slipu~afians, concjifions ant~ co~~~nnnls fhereo(, nnd of this mort~ac~e, tl~~n this~mort~nc~P and tl?e Pstate RPreby crpated, shaU cease, de- 1~?mine an~ he nu~~ ancr i~oi~. . ~n~ Ihe morfrya~or ~?e~~~~,y (u?fher cav~nanis ane~ agrt~es to pay promplly u~hen c~us tlee principal and internsl an~ olher s~ims o) money pro~~ided fo~ in saicl note and thia mortgage, or pither; to pay ol1 and : Sltl(~Il~p~ ~I1P ~QXPS, QSSPSSfilPtl~S, lPt~IPS, 'laDl~l~IPS, 0~~1{jq~lOI1S, and encum6rances o( pe~pry nnture on said pro- perly: ~O {~ermil, commil OI Sll~'P~ /IO U~qS~P, impairmpn~ or cleferioration O~ SQI~ ~A/l~ O~ ~{IP improvemenls th~reon al any 1imp; eo RPPP ~r1P buildinns nou~ or leerPa~t~r on snid land ~u~ly insurPC1 in n sum of not ~ess +ha~ not applicable in a t'ompnrty or companies QCCPpIa~IB fo the mortgagee, the policy o~ policies to be held 6y, aRd poyn6le lo, sai~ moriQagee, ane~ in tl~e event any sum o( money hecomes payab~e by virtue o{ such insurance t{~e morlgngee shn1l hni~e tl~e rtght to receiue and apply the same to tF~e tnde6tedness hern6y secured, accounting la 1{~e mortga~or (or any surp~us; fo pay a~~ cosfs, charpes, and expenses, inc~uc~ing ~au~yer~s (ees and titje search~s. reasonably inc~~rred or paic~ 6y the morlgagee ~ecause of t~ie ~ailure o~ t~e mortgagor to prompt~y an~ Ju~~y comp~y u~ith t~~e apreements, slipuluttons, concjifions and couenanfs o( snitl nofe an~ f~is morfgage. or eit~er: to per~orm, comply iuith and abide by each anc~ every tJ~e agreemenfs, stipulalFons, rnndilions and coi~e?i~nts set ~orf~ in saicl nole anc~ fhis mortguge or either. lrt t~e es~enf !he morfgagor Jai~s to pay wken due any tox, assessm~nl, insurance premium or other sum oi mon~y payo6le 6y virtue oj saicl note and tltis ; mortgage, or either, t~e mortgagee rnay pay l~e snme, withouf ~vaiving or affeciing i~e vpiio+i to f~r~~~~se , or Rny otl~er riglif {teret~nrler, nn~ all such pay?nenfs shall 6ear interest (rom date thereoJ at the highest law= ~ul ra?e th~n nllou~ec~ b> Il~e inws o) ttie ~tate o( Florida. ' ; D` any su~re o/ money herein re(erre~ lo he not prompi~y paid wIt{~in 3~ ~nys nex! a~ler ~ thP same bPCOrnns dr~p, or i~ enc{~ and enery tT~e agreements, stipulaiions, conditions and covennnts o~ snid ~ ~ole ancl !{~is mortqa~e, or either, a~e not ~ully perjormed. complied wiil~ -and a6icled 6y, tl~en ihe entire . sum menlioned in ~aid note, and t{~is morlgnge, or the entire bnlance unpaid tF~ereon, shnll Jorthioifl~ or itiereaffer, nt I~e optton oj the mortgagoe, tiecome anc~ be due and payable, anyfhing in saicr nofe or herein to ttie confrary nolwit~sfanc~i~g. Fai~ure ~y t~e mortgagee to exercise any of the rig~ts or options herein pro~~ided s~iq~~ not constihde a inainer of any rig~ils o~ options un~er saic~ nofp or t~iis moriAagp accn~ec~ or . i~~rea~l~r ac~ruing. ~ ~n ~itness ~hereof~ fl~e said mortgagor ~ns J~ereunfo signec~ and sealed these presenfs tl~e rray an~ year ~irs! af?o~~e ~vriffen_ ` Signed, spaled and elirered in the presence of - ; ~ i ~ ~ - . . '4 ~ r : -.'[...'~.li~._... _ . . • ~ . ~ _ . - ~ - - f'--~arry ~ ric Iver ; ~ / • , . . _..t. _ . _ - . . - _ . - - . . . _ . - _ ~ ~ . - - . . . . _ . . _ . _ _ _ . . . ~ - - _ . . _ _ . . - - . L~ : t _ - - _ _ - . . . . . . . - . . . . _ _ _ - - - ~ ~ y ; ; STATE OF FLORIDA, ~ GOL?~3TY OF ST. LUCIE i HEREBY CERTIFY that on this day~ beton me, an of(icer dulp authorized in the Stat~ afor~said and in the County aforesaid to tak~ acknowledqments, p~nonally apptar~d LARRY MCIVER ~ ~ to m~• known to br thr pe~son described in and who eztcuted th~ for~qoin¢ instrum~nt and he arknowledqed ~ beforr me that he rxccuted the sam~. ! 1VIT?~ESS my hand and official sea! in thr County and Statc last aforesaid this ~~G day of ~ October 19 72 ~ I r ~ ..~.~-st.i......- ~ ~ , .N ar Public , { ~ o~ i . My -Commission expires : ~o - 76 i ~ ~ p py0 ?EGGRDED r . . ~ . F11.E ~.~ti'!~I?S~A ~ , , , - SCLEFK ~ ~'~S PEG~~.i~ y^ ` 1f~ : i_' . ' c q lo PH'~ Z - . : ' ~ ~ ~ If ff Illl//!///JfJll r~• nr~il h : ~t t v ~ ~ ~ . ' ~ , = . . f' P y ~ . . , . . ~~ti .'lt/~~rr= . . `~his instrument was prepared by 23994'~ ~ ~ ~ - ~ , P?lichael 1e;fries, 1?_4-A No. 2nd St. ~ F~e~`~ec~e-Cte. iO~K~rV I ~ ~ ' _ =F _