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HomeMy WebLinkAbout3825 and shall per(orm, complr with~nnd a6ide 6y each nnd ove~y the agreemen~s. •ttpuiattoni, conditions and corenanfs thereo~. and of thb mortgape, f~en f~is r?toNgage and fhe estafo horeby creafec/, shall c~ease, de- termine and be null and roid. nIN~ t/~e mort8aflo~ hew6y ~iufher e~ouenunfs and agrees to pay promptly when due t1~e prtncipal a~ed interesl nnd of~er sums of money provtded ~or tn satd note artd ti~b ntortease, or ~ither: to poy aU and singu~ar the taxes, ossessments, levies. ~Iabilities, obltgalton:. und encwnbnoncet o~ every nafure on satd pro- perty; fo pe?mit. c~ommit or sre~~er no u~aste, impairineat or deter~orolton o~ :atd bnd o~ the improvernents thPr~n ot any lime: ~o ,tPPp ~~P 6uildinAs now o~ he?eajter on said lond f ully insured in a sum oJ not less ftian in a company or companies acceptable fo fhe mortgagee, Ihe policy o~ policies to 6e held 6y, and paya6le to, said mortgapee, and in the event any sum oJ money 6ecomes ~xiyabl~ 6y ~irtue oj sucl~ tnsu?nnce tl~e mortgagee shall h~ve iF~e right to receive and apply the snme to tf~e inde6tedneas hereby secured, accounting to t{~e mortga~or f or any s~irplus: to pay a[~ cosls, c%n~+ges, and expenaes, inc~ucling tawyer s~ees nnd ti~le sea?cties, reasona6[y incurre~ o~ ~xi~d by rl~p moNgagee ~ecause o( the ~aijure o( thp morlgagor fo pt~nneplly anc~ (ully comp~y wif~ f~e aflreemenis, stipulafiona, eonc~ifions ancl eovenanfs o/ said note and thls ~»ortgage. or eif~e~; to per(o~m, comply with and abide by each ared euery the agreemenfa, stlpu~nttons, conditions and co~~enants sef f orth in suid nore an~ this morlgage or either. ~n fhe event t~e mortgogor jails to pny w~en due any tax, assessrnent, insuran~e premium or olher sum oj money puya6le 6y virtue of said nole nnd this ~ morlgage, or eifher, the mortgagre may pny ttie same, without waiaing or a~fecling tke option !o ~oreclo:e or ~ny ofher rigF~t hereunder, and aI~ suc1~ pnyments shnll bear intereat from date tl~errof at t~e higltest ~au~- (ul rate 1{een allowecl by ttie laws o( thp Stnte oJ Flo~tdn. DL any sum o~ money tierein re~err~ to tie not prompt~y paid within L'.:~?' day: nexf ojter ~ fhe same ~ecomes c~ue, or ij eac~ anc~ every i~e agreem~nis, atipu~ation3, conr~itions anc~ coetrtunla of saec~ ~ note nncl tl~is mortgac~e, or eitl~er, are not Jully per~ormec~, comp~ied tutfl~ ancl ab~ded 6y, i1~en t1~e entire - sum mentioned in said ?iote, nnd tF~is mortgage, or the entire balnrtoe unpuid tl~e?~eon, sha[[ Jorlhwith or 4 tF~erea(ter, A~ <<IP option o) tl~e mortgagee. 6ecome und 6e due and payable, anything in :aid note or henein to Ihe contrary nolu~ithstandinc~. Failu~e by t~e mortgagee (o exe~ise any of [he rights or options h~retn proviclec~ s~a~~ not consfitute a wnioer o~ any righls o~ opfions unde~ said nofe or t/~is mortgaQe accrued or . t~erea~ler accruing. ~ ~n ~~~Il~s ~~OL~ tl~e said mo~lgagor l~as hernunlo signed ancl seaje~I !{~ese preaenls Ihe ` c~ay anc~ year ~irst a~oi~e u~riften. ;Signec~ led a?Td ~Pli~~e d in t{~p prrs~nce o~: ' \ . ' - ~ , C~!.C' ~ - , v~o..t- ~ .F. - - ••-8=_+.~r~es--,r.:.'-fi~~~i~•rto`t~.-;-~..~~,.~.. ' ,~J --CL ,~r.~.~ ~ ~ ' - ~ - ~ %~..!2.,.~-. --'~r,'C~•-.--~,-3-•~x----``~`-~.--~*~o~~v.~::--- - { ~ ' ~ - - - - - - - - - - - ~ e ~ STATE OF FLORIDA, ~ COi;\TY nF ~`y' . =.~~'~L ~ ~ I HEREBY CERTIFY that on this day, before me, an - ~ o(ficer duly authorized in the Stat~ aforesaid and in the County aforeuid to tak~ acknowledgments, penonally appeared ~f ~_..:'_'__.'.J v~~.:i:.... ~T.'_'~~ ~.:i:: i~~::~u iE:l~_Ii`' li~Jvl~rJ~.:.Z1~ ,:1$ ~ :i_lf: to mr kno.+~n to be the peno~c d~scribed in and who ezccuted the lor~qoinq instrument and ~i_e~' acknowkdged I ~-'-a-• ~ befor~ me that cxccuted the sama ~ ~Y11'NESS my hand and official stal in th~ Gounty and Statc last aforesaid this f~'- day of f ~EZ'i°• ~''L/ A. D. 19 ~ ~ ~ _ I . ':K: . . . _ Y ^ ^ f ~ . . f ~ , ' j~ . . ' . . I' ~ , ~ . ~,A . ~ ~ I ; ' t ~ , 1 ~ ~ ~ j ' ~ ' ' " ~ ~ . I~ i ' ' ~ v.. ~ ' $ ~ O'.: ~~t _ A S . ~ ~ . ~ ~ , F~oRDEO _ ; = D a'_`- fl~- NOTARY tUSIlC STATE OfY[ORIDl4 AT UR~E E . C; J:~,w~ : ftl`~L. L ~,~Nt ~S ~ oMtA1SS10N EXPlRES AUO. 9, 1975 I F ~ , ~ ~ st' ~ ~ ~ ~ GENERIIL INSURANCE UMDERWRITERS, (NC. ~ RO~i ~p~ Rt ~ •,f .~y ~ :Gt~~; ~ I - • C?;.~`'~..P.:,;:'::~ CtE~ J~;:,t~~n..~l~'."" ~'i - 4Ff~R~ ~ ~~Y~~ ~ . _ " i ~ ~ ~44160 This instrument prepared by J:.~ ~ • l7~!'~ ~ ` . ~ 'j i il:~' r: _._:it~i ! %rts l~ulnu~~~ir! p~-funr-J !ry: ~ = c~_~'-' ' C ~ - - : o~~ ~ ~ _ ~ A~I~l~fu 321 South Second Street ~ Fort Pierce, Fiorida 33450 ~4eK ~09 ~ACE ~ . , . _ ~ . . . . . . .