HomeMy WebLinkAbout2542 and ihall pe~fo?m. complY wllf~ and ablJs by eacl~ and ene?v ths agro~menl~. aNpulaUon~, ~wu~ilion~ an~~ '
c~ouenanli thsnoJ, ond oj If~i~ n~orfgago, Ihen Ihia morl~aee ana Ihe eslals I~ere{?y cnwlal, ~hall ~~ss, d+•
te?mins nnd ~ null and vol~I.
~ th~ mortgaeor here6y Jurthe? co~~e~nnf~ and ag?wa to pay promplly wh~n dia th~ prtncipal ond
inlerest and other swns oj money provtdad Jo~ in said not~ ond Ihb mwtgag~, or Nlh~r: to puy all and
singu~ar fhe taxes, assessmenfs, ~evies. I~a6tlr~tP:, o6ligauo~, ond sncum6~a~c~s o~ svary nafius on saicl pro-
~perly; fo permif. commit or su~Je+~ no u~aaie, ~mpatrntenl or defe?lo?aUon o~ so~d la~d or Itis ~mprowmenfs
ihereon al nny ftme; to keop I~e tiut~c~ings now o~ tie~eaf ler o~ sa,a ta?~d 1uIIy lnsurecl !n a sun? o~ not ~rss
than lrull Iu~u=abla
In a company or ccmpanies acceptab~e fo the morfgageA, tha policy o~ policies lo be he~ ~?y, anc~ payob~~
to, said mortgagee, and in ths event any sum oJ mo~ey 6ecomea paya~le by i~1~iu~ o( sucl~ I?uura~M Ihe
morfgagee sha~~ have !he rigtit fo recel~ an~ apply Ihe same to Ihe t~do6lodness I~areby secu?ed. acrounf~ng
to the morlgagor !or any surp~ua; fo pay u~~ costs, cha~gPS, an~~ expenses, I~c~uc~ing ~au~yM i~r~s and it11~
searc%es, rnasanably incurred or paid by the mortgagee hecausa o~-I~e ~ni~ure ol the moHgapor lo prompf~y
anc~ f ~~!!y co~Piy u~ilh the ag~eements, slipu~alions, rnn~~ftons ana covenanls oJ said note a~~d Ihis moNgaae.
o~ either; fo perfo?m, comply wtth and a61de by each and eupry 1~~e ag?ea~ments, sfipu~afions, ro~dt~to?u a~~d
c~ovenanfs sei jorlh i~ said ~ote and this morfgage o~ eil~er. In Ihe ei~eni Itie mo?Ipapor lal~s fo pay u~tie~
~ue any tax, assessmenf, insumnce p?rmium o~ ofl~er sum o~ money puynti~e tiy r1Hue oj sat~ nols an~ Itits
mortgage, or eifher, Ihe morfflapee may pay the same, u~ifhoul u~aioinp or aj(ecting Ihs opllon ~o ~o?ec~ose
?
or any ofher rig~t I~ereunde~, ancl aII such paymenls shall M~ar inte?rst ~rom ~Iate Il~e~o~ al ths htgl~esl I~ia-
(ul mte IRen allowecl hy Ihe laws oj fhe Sfale oJ Flarida.
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7l any sum o~ money hprein re'BRP~ ~O hB tIOI P?l3:npfly paitl u~ithin ~ . days n~xf ajfe~
fhe same 6ecomes du~, or if ~ach and e~~ery Ihe aflreements, sltpu~alions, contriltuns ancr cot~na~ls o~ sattr
i no~e and tl~is mortgage, o~ eilher, are riol /ullv pprju~med, rnmplietl u~ith and a61d~1 6y, theR tl~~ pntPre
~ aum menlioned in said note, and this~ mo~t~~a~e, or the enfl?e E?alance unpald thereon, sha~l forthu?ith or
fhereajler, at fhe opfion o1 fhe mortflagee, hecome anrl tie ~Iue ancl payahle, anything 1n said nots or he?rin
io fl~e contrary nofwiflislan~Iing. Failure by ihe morlQapeP fo PX@~'('ISF any oj f~e ?tghls o~ opUons {~~?rni~~
~ provic~ec~ shal! nol ronslitufe a u~ai~~er oj n?~y rinhls or opfions un~Ier sni~I note or ftits mo~lAaps a~ue~ o~
t~ereaf f~r acc?uing.
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(CORPORATE_ ~n ~~N~~ ~,~•`O` IIIP ItIO~I{~Q~O~ IIAS CQUS~ IhN3P PMSPIIIS IU
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~F.AI.) he executea tn ils name, and ils co?powte seal fo be he~?eunto ~~fixs~• tiY ifs
f proper ojflCPfS I~P~BIl/IIO ~ttlV QII~hOI12P~. Ihe day and yeMr ~irst atiotM u~riilen.
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r~~ITCST: - . _ . . . . JAOOBSE~ DODGB, INC.
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E Sigriea. e~ e~i r i tF~e presen~-e of : ,~q
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- - - - Daaald S. acobsoa t~~,i~M
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Cr$CUit ~ouAr ~J~ :
253~8$ RFCOf:Q VC~iti'~ED~/'
~tate of FLORIDA ~ j 4 2Z PM'73
~~~J ST. LUCIE
, 1 HFRFRY crrrru-~~ ~?~oi ~6~. J.~y. 1»~~.r m.. o~ ~(~~cY. d~Jy a~~~lro.~uJ ~n ~6.~ wNl ('~n~v o(~.~.,~,kl tp ~wl~.~ o~ M.N~~wln.
I nu~nls. prno?wlly appru?ri~
~ Donald B. Jacobsaa ~~n:: Johr. Rea
E ur~~ ~nou~n lo rr~ lo ~e Itir ~~n~iJ~nl arn~ P, ^ T'G't :'y~ ;"c?'' S• rrs~wlirrlY t~' I~r ~v~xruNan numra~ as
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nw~rlpogor in I~t ~ongoing inslrumrnl. arw~ ttiat Iti~y x~rroQy ar~rn.w~r.~Nw~ ~~r~~~li~N 1~ =.umr. in 1~ pnxnn a~ Iwa sutixndinp Mvl~r~sra.
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~rrr~y an~~ t~unfan~y un.~n auttiwily ~~u~y ~vsln~ in ftiem hy sui~~ rnr~KVUl~on w~~~ Ihut Iti~ aru~ u~~i~r~ I~~rlo is 1~ tnK cor~umt~
~ ~ sni~~ rur~wrotion. ~ I w
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,7r ABSTFtACT & TIl'LE Ct)I:F~ OF iLA.
~ Alll~ll'~f ~00 S, aN0 SL /ORI PILRCL. IL~IIIDA Q R~
a~ 3 ~~~.~2538
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