HomeMy WebLinkAbout1165 and shall per(orm, comply wilh and abide br racl~ ond every tl~~ ag?eementr. ~lipulationa, conditions and
covenanls lhereo~. and o( 16ts mo?tgage. Ii~e~ Il~is ~norlgap~ a~d ~h. estate I~enebr c?eattd. shall ceaie, d~-
Iprmine and be null and iwtd.
n1{{~ ftip mortgagor tier~•by ~urttier covenantr and ugnes to pay W~omptlr wl~en dw Ik~ p?incipnl and
infe~af and ottie? sums o~ money provided jor in said ~ole and ltiis morfgage. or either: fo pay a~~ and
stngula~ the taxes, nssessmenls, levies, lia6ililies, o6ligattons, nnd encurn6ronces oj evpry ~afws on sntd pro- s
perly: !o permil, commif or sujJer no wnste, impairmenl or deferiornfion o~ ~td lo~d or ftie improvemanb i
Itiereon af any time; to ~epp f1~e bui~ings nou~ or herra~far on sald land ~uQr insurec~ tn a swn ol not ~ets
tl~an full inaurable.
in n company or compontes uoceptn6~e fo Ihe mwtgngee, fhe po~tcp or po~icies to 6e~6eW 6y, and Poyo6l~
to, said mortgn9ee, and in the event any sum oJ moner 6ecomes ~yo6k 6y virtue o~ suc6 insurance tl~e
morlgagee sl~oll have ftie rigtit to recetve and apply tl~e sams to tl~e inde6ledness I~erebr~secured, aceounftng ~
to ttie morfgagor ~or anp surp~ut: !o pay a~~ rnsb. chatges, and expenses, tncluding bwyer s~ees ane~ tif~e i
searches, reasonn6ly tnc~ured o? paid 6y t1~e mortgagee becnuse oJ I~e jat~w~s o( the mo?tgagor to prompt~y }
and ~u~~y c~omp~y wilti fhe ngreen?enb. stipu~ntions, c~w~dittons and c~ovenanb o( snid nole and tkb ~nortgage.
or eifher; to perform. ~omply with and a6ide 6r each and every fhe agresntenU. stipu~afto~s, condittons and
rnvenanls set lw!{~ in said nole nncj lhis mortgnge or eilhe~. ~n ttis euent !he mo?tgagor (ni~t to par wtien
due nny tax, assessment, insurance prernium or ot6er swn oj money payn6le 6y virtue oJ said note and this
mortgage, or eiftier, ltie morfgngee may pay fhe same, wit~ouf wuluing or a~f
ecting ttie optlon to ~orec~ose
or any otker ri~l~t hereunder, unc~ nll such paymenb s6all 6ear interest ~rorn date t6e?eo( at fl~e 6igl~est Iuw-
~ul rate then allowed by tl~e laws o/ the Sfate oJ Floridn.
any sum o~ money /~erein re(ened fo be not prompt~y paid witkin 30 daqs next a~ter
the same becomps due, or iJ each and every._tl~e ag~ee?nents, sfipulnfions, condittons nnd covenants o/ said
note and this mortgage. or eitl~er, are not ~ullr perFormed, complied mith .and a6~ded 6r, t6en t6e en~ire
sum mentioned in said note, and tl~is mwtgnge, or tl~e entire 6alance tu~paid Il~eraon, sl~nll jorthwith or
Il~erea~ter, at tke option oJ tl~e mortgagee. b~o,n¢ ~d be d~ ~d ~ya6[~, nnrttiing in said note or I~e?ein
to the contrary nolwitl~stnnding_ Failure 6y tke mortgagee to exerctse anr o~ Ihe rigtits or optiona herein
provided sha~~ no! conslifufe a waiuer ol nny rig~fs or options under said nofe or t~ia rnortgage occrued or
f~ierea~ler accruing.
~n ~~L~iQ~ ~~Q ~ f~e said mo?tqagor ~as f~ereunto signed and sealed ll~ese presenls ~6e
c~ay an~ year ~irst atioi~e u•ritten. ~ al'id t11@ Cbrporate S@d~ hd8 been hereunto affixed.
S,gne~. Ie nd deline in t1~e pres nce of: I D PARTNSRS, III, INC. ~
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h R. R esiaent °
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_ / - -Attest; Do d 8. Javobson, Secre
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° STATE OF FLORIDA, ~ ~ - ~I n r
COU.'VTY OF ST . LUCIE ~J'"~• ~
i HEREBY CERTIFY that on this dar.: bc[ oc, an
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officer duly authorized in the Stat~ a(orcuid and in the County aforesaid to talcr acknorirkdgments, personaUT- appeared t
~ JOHN R. REA, ~ President and DOI~I~ E. JAOOffiON, Secretary of DlfZ~ED ~P~?RTNBRS. *
III, ~3iC. , ~ '
to i[re, kaqr;ii ~~f br the prrsons described in and who executed the forcqoirM instrument and they ack~wMrkdSed i :
on behalf of said dorporation ( '
~efprr%me(ttyr~j~•,t~ly e:ccuted t6e same. - I `
~ .•.WIT~ESS 'rpy'hand ~nd o(('u+al -seal in the County and Sut~ (ast aloresaid this 2~fl~ d~1 ~ ~
~~p~i1 ~ ?A.,D. 19 73. . ~ ;
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~ ' , - • - My commission expires • ~ i '
gt . f.• {
~ ' H. : ~~l'. :r~ ~ ~x~ S~~ v` ~C~ 1974 ~
~ ~+O+.i?a:5 A3M~u'~n
? C+s~~M1l G'
~ . ~ R~caROfo My~,
~ fIlEO ~K y~UNjY fl~-
~ ~ it' RpGE= ?n ~S
COURT ~ \
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~ ~t~~Fv ~E - ,~3 2528~
~ ~ Z,~ 2 oa PM
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!%iit L~s1n~i~r~~~~ prr-p~~re~il hy: ~alter E. Davis
;~~/~/nu Abstzact z Title Corporation of Florida
P. O. Box 3696
Ft. Pierce, Florid~ a~~ Z~~ i;,Gi
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