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HomeMy WebLinkAbout0901 ~ and shall p~~r(orm, comply u~ifli and ahide 6y each and erery Il~e A(JlPPIRPl1IS, stipulaiions, conditians and corenanfs Ihet~of, a?i~ of fhis mort~a4~e, II~Pn il~is mori{~ac~e and th~ estale hereGy C?PaI~, sha~~ cease, tre- I~rmin~ cu~d be null and ~~oid. ' . 11n~ 1~~~ mortc~nqe~ ~~er~~hy jurfh~r covPnanls ancl agrees fo pay promptly when due the principal and inl~rnsi and olh~r sums o) money proi~ided jor in saicl note nnc~ Ihis mortgage, or eilher; to pay a~~ and sin~ular the t~x~s, assessm~nls, ~PVlPS, lia6ililies. o6li~alions. A?!(1 PIICII?I16?YlflCPS Oj PVPry 11Q~UM OR Sald PIO- ~ f pe?Iv: lo p~?mil, commil or su~(t~r no tvasle, impairment or ~~eleriorafion o( saitl ~aru~ or the improvemenls ~ I~~~rnon al nny iim~: to ~re~p t~~e hui~crinc~s reou~ or {~ema(tE~~ on c~ic~ ~ant~ ~u~~y insure~ in a sum o~ not ~ess ~ ~han MAXIMUM INSURABLE VALUE ; in a i•ompany or compani~s acerptn~~~~ to f~~e morlc~ag~e, f~~e po~icy or po~icies to be ~e~~ {~y, ane~ payab~e to, snid morlc~n{~e~. nnrl in tl~~ ei~~nl any sum o( money 6ecomps payable 6y ~~irlue o~ such insurance tF~e ~ mort~nn~r shall ha~~e the rigl~t to r~i•eive ~nd apply the same fo the inde6tedness hern6y securec~, acconnting ; fo I~ie mo?fna~or Jor any surp~us: fo pay al~ costs, c~iargns, and expenses, including ~au~yers Jees and fifle t sParcl~PS, rnasonal~~y incurrn~I or pai~ ~y f{~e mcrfqagee hecause oj t~e jai~ure oj Ihe mortgagor to prompt~y ana ~u~~y comp~y ~vit~~ f~~e ac~rnements, stipulafions, coni~itions ancr conenanfs oJ saitr note ancr fhis mortgage. or either, to per(orm, comply ~vitl~ a?irI a6ide 6y each and every !he agreements, sfipulalions, conditions anc, conennnls set Jortl~ in said note and tliis morfgage or either. In fhp event Ih~ morfgapor fai~s to pay when dup any fax, assessm~nf, insurance premium or ot~cr sum o~ money paya6~e by nirlue o~ sai~ note and f~ts morlga~P, or ~~ither, th~ mortga~e~ mny pay fhe som~. u~ithout tuaining or a~fecfing fhe optio?i to Jorec~ose t or any oth~r riql~t I~~rPUncler, and all sucli paymenls shall bear interect ~rom date thereo~ at fhe highest lau?- ~ ~ ~ul rale tl~en a~loined I~y tl~~ la~ns o~ I?~e $tale o~ Florirla. ~ j DL m~y sum o( money i~ernin re(err~~ fo E~e not prompf~y pai~ wilhirt ~~Y c~ays next aJter ( ; 1~~~ same ~»comc~s c~ui~, or ij ear~i ane~ erery i~~~ agreements, sfipu~ations, conc~ifions an~ covenanfs o( said note nnd Il~ic mortgag~~. or eill~~r, ar~ not f ully per)ormed. complied with anc~ a6itled 6y, 11~en tlie enlire ; sum mpntionec~ in said note, and this mortgage, or the entire balance unpaic~ thereon, sl~a~l ~orthwi!{~ or ~ fherea~ler, al I~~e oplion oj t~ie morfc~ac~~e. ~~c-ome anc~ he c,ue and payab~e, anyfhing in saicl note or kerein ~ fo t~~ confrary nolirit~~sfanc~int~. Failure I,y ih~ morfgagee to exercise any o~ fhe ric~~fs or options herein proi~icl~~~ sjiaTj nof consfiluf~ a tra~i+~r of any rtnhfs or opfions unc~er sau{ nule ur 1j~is »to~lHuya ua~ru~ or ~ f~~~rnoJl~r a~cruinq. ~n ~itness ~~~Ol~ flu~ snid morlgac~or has l~ereiuito -signecl and sealed these presents the ~~n~ muI yrnr Jirs~ abo~~c~ u~riften. Sic~n~~~. ses~~•c~ an~ c~~1itffrn~ in I~ie pr s~nrn o~: ~ ~ ;1 c~ ~~~.~~~~~.....v.. ` - - ~ - . ~ ~ - - ~ X . Claude H. Combs - ~ . . , ~ , i C ~ - ~ '--~---'-~~~.f~---~•------ - - Louise L. Combs ° i ~ - - . - - - - - - - - - - t ~ S STATE OF FL~)RTDA, ~ CntyTY O} ST. LUCIE ~ ~ I HEREBI' CERTIFI' that on this day, befom me, an ~ ufficer duly authorized in the Statr a(oresaid and in the County aforv:caid to take acknowledqments, personally appeared ~ CLAUDE H. COMBS and LOUISE L. COMBS, his wife, = ; to me known to tx• the perwn deuribed in and who eaccuted the (ore¢oinq instrument and j//~r acknowledqtd 4# before me that TA(Y ~xccuted the same. ~ t ~i'IT\F.SS mc hand and o(ficial seal in thc Counh• and Stat~• last afor~said this ZZt~'1 day of October, D. 1972. ~ . ; ~ ~ C~ , ~ f ~ - - { . - Not ry Public - State ~o Florida = s at Large. i~~1~IC1E GOUNTY~~ ~ My Commission Expires: 7~ . IIOCER PO~Ti1AS a~EaK .c~a.cu~7 couaT : lIECORC VE~ F~ED . A , _ - ~ ~T 9 s _ ~ , - ~ Z? ~ , - • - T ' _ L i i a ~ : 239963 ~ o ~ = ~ . ' _ ,.•;~.Q~`~ eS : . E ' •i.r.. . . d00K ~L7 PACf ~ ~