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HomeMy WebLinkAbout3936 an~ shall perjorm, comply u~ith a~a ab~ae 6y ench and ei~ery the agreemenls, atlpulntio?is, condittons and co~~enants thereoj, and of this mortAaAe, tl~en this mo?t~age and Ihe estnte here6y c?ented, sl~nll ceass, de- tprmine an~ E~e nte~~ ancr voi~~. 7in~ Ihe morfga{~or ~~emhy ~url~er rnvenanls and agrees fo pay prompf~y when due thF p~incipal ond internsl and ofher sums oj money proviclec~ ~or iri said note and fhis mortgage, or eithe~: fo pay a~~ and ~ stngu~ar tf~e fnxns, assessments, ~e~ies, ~ia~,i~ifies, ob~igations, anc~ encum6nances oJ every nature on snicJ pro- ~ perfy: to permit. commit or suf(er ~o iuasfe, impairmenf or deterioratIon o~ said ~and or fhe improvementt 4 thernc?~ at ~ny time; to ~PPP IIIp buildin~s nou~ or here~a(ter on said land /ully insiued in a sum oJ not less > ~han full insurable value ` in a company or companies accPptable 10 !hP morfgagee, the poltcy o~ policies to 6e held 6y, and paya6le to, said mur:~a~ee. and in Il~e event any sum o( money 6ecomes Poyn6l~ 6y oirlue of such insuranco !he mortc~a~ee s{~all hae~p the ri~ht fo rec-eic~e nnd apply Ihe snme to the indebtedness here6y secured, accounting to the mortga~or ~or any surplus: fo pay a~~ cosfs, cl~arges, and expenses, inc~udtng ~awyer~a (res ana fit~e ; searc~es. reasona~,~y incurre~ or na~d by thp morfgagee because o~ fhe ~ai~ure o~ !{~e morfgagor to prompt~y ; ancr ~u~ly comp~y u~ilh tF~e agreemenfs, sfipu~ations, conaitions ancr covenanfs oj said note and this mo~tguge. ~ or eil~~er; fo per~orm, comp~y wif~i and a6ide 6y ench and every t~e agreements, stipu~ations, condifions and ; conennnfs set jortti in said note and this mortgage or either. In the event tl~e mortgagor fails to puy w{~en ~ c~ue any fax, assessment, insurance premium or olher sum o( money payable 6y virtue of said note and thls ; mort~age, or eif{~Pr, fhe morfgagee may pay I~e same, u~ifhout waiving or a~~ecting ftie option to (orec~ose ? or any oltier ri~ht I~prpunder, and aU such paymenls shall 6ear inlerest Jrom date fhereoJ at ehe highest [aw- ? (ul rate Ihen allowec~ 6y il~e Inu~s o~ fhe State o~ Floricla. _ f ~l any sum of mon~y hprein re%rrecl lo tie nof prompt~y paid urithin five ~aYs nexf nJfer ~ tl~e same becomes due, or i( eacl~ anc~ PVPI')` I~P QA~PCRlPI1~S, slipulalions, condiiions and couenanls of saitl ~ note and tF~is morlgane, or eitFeer, are nof fully per(ornted, complied with ancl ab~ded 6y. t{~en t/~e entire ~ sum mentione~ in said note. ancl fhis mortgage, or the entire bajance unpaitl tl~ereon, skal~ ~oMF~witF~ or ' thereaJler. al fl~e option o/ fhe mortgag~e. 6ecome nnd 6e due and payn6le, anqtl?ing in said note or l~erein fo Ihe contrary notu?it~slancrint~. Failure 6y the mortgagee to exercise nny of t~e righls or opttorta ~erein ~ provielecl s{~a~~ no! conslilufe a uTainer o~ nny rigf~ls or oplions under saic~ nole or f~is morfgnge accrued or ftiereaJlcr acrruing. 7n ~Nitne~e ~#IMevsnf . ~ ~ r - -~..a W~N~LJJ W~tL~LVS~ IrIP ati~u n~uri,ya,yur nu5 nriria:~i~ a:y.-.a-as u,~a. a?u.o.. ..o p~'3~...• ~Iny an~I yc~r Jirsf aho~~e ivritlen. Signed, sealprl and d~lii~ered in t{~e rese? cp o- ~ ~ - a ~ -S.r.~ - . '.._.lE.. " . ' ' " " ' " ' ' " ' , • ~A~fre . es 5 ~ - ~ G ~ - - - - - ~ - - ~ t , k ~ ~ - ' ~ ~ - - ~ - - - - - - - - ~ , ' . C Gi 1 ~ ~ . : _ - . - - . . . - - t ~ ~ ~ : ~ STATE OF FLORIDA, ~ ~ COUVTY OF St. Lucie. ~ I HEREBY CERTIFY that on this day, bclore me, an ~ o(fic~r duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments~ personally appeated ~ ALFRED L. TEST and J. C, GILL, also known as Jimmy C. Gill ~ ~ to m~• kno~+n to be the person S dcuribed in and who ez~cut~d the (or~qoinq instrument and theyicknowledged ' ~ brfor~ me that they f:~cuted tht samt. ~ WI7'NESS m~ hand and o((iciai seal in thc County and Stati• last a(oresaid this ZZSt day of - . - . . ~I~eeember A. D. 19 ~ y ~ ~ ~2 . . ~ • . ~ . . , . : . ~ ~ ~ ' ~ ~ - . . . - : • ~ ' : ~ - - . . - ~17Z - Nota Public, State of F a.da : ~ . . , ~ : = at ~ rge ' NOiAR1 PUBUC, S1ATE Of fIORIDA AT LAR~E y ~ MY COhitA?5Si0N EXFiF, S DEC. 18, 197$ ~ c' BOIfDfD THRU E~:L~ 1Y. if:S~E1HOR$1 : ~ . ~I~ FILEO AMO RECOROED ~ " St. LUCIE COUN~r F~A. ROCE~ FOIFRAS 1,~ = CIERK C~~,CUIT COURT ~ 'i, RFCOP~t VER~%lED.~~ f:: OEC 16 ~p4o '?1 ~~1 ij !liu I~u~nimcit! prr'prrn•d hy: { Addmu o;,(~K rr~E ~31 e ~ ~ , - ~ - - 5 M1 ~ ~ ~ & .Y~ ~ _.nw .a~ _ ~ _ .