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. '
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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 - ;
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- . . '4 ~ r : -.'[...'~.li~._... _ . . •
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~ - - f'--~arry ~ ric Iver ;
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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 ~
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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 ~
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.N ar Public , { ~
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My -Commission expires : ~o - 76 i
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p py0 ?EGGRDED r . .
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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 ~ . . ,
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`~his instrument was prepared by 23994'~ ~ ~ ~ -
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P?lichael 1e;fries, 1?_4-A No. 2nd St. ~
F~e~`~ec~e-Cte. iO~K~rV I ~ ~ '
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