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HomeMy WebLinkAbout1741 anc~ sha~~ per~orm, rnmp~y wit1~ and abtde by each n~~d ee~ery the agreements, stipu~otto~it, condlltons a~ co~~ena~s the~eoj, and oJ thia mort9aQe, tRe~ this morlgage and tke .eitate I~ere6y created. :hall ceaae, de- fermine ant~ I~e ntill an~I ~wl~. T111la t~e r?tortgaQor hen~6y jwther onuenanta and agrees lo pay promptly when due the principal and tnlenesl and olher sums of money provided for in said note and thli mortgnge, or either; to pay a~~ nnd singu~ar fhe iares, assessmenls, ~evies. Iia6ilitiea, o6~igations, and encumbr+ances o~ eve?y nalure on said pro- perty; to permit, rnmmit o~ su~fe~ no wasfe. impui~ment o~ deterlorntton o~ saic~ ~and or t~e tmprovemenU therecn al any time: lo ~PP~f IhP 6uildinfls nou~ or he?eujt~~ on caid land jully Ins~u~e~J in a sum oj ~ot 1'ess than NIL tn a c-umpany or compunips acceptable to Il~e mortgagee, the poltcy o~ polkie: to be h~Id 6y, nncl paya6le to, sai~ moMgagee, ana in fhe eue~~f any sum o~ money becomea ~ya6t~ by virtue o~ such inaurance tl~e morfgagee sha~~ ~ove l/~e right to receive and apply the same !o the inde6tedness bere6y secured. acc~ounting to l~e mortga~or (or nny surp~eu; !o pay al~ costs, ctiarges, and expenses, inc~udinp ~awyers fees and tif~e searcl~PS, rcwsona6ly incurr~l or paid by fhe mortgagee 6ecause oj tl~e jailure o( the mortgagor to promptly and jully rnmp~y wifh f~e agreements, stipu~afions, rnnditions and c~ovenants o( said note and ttits moHgnge. or eifher; to per~orm, comply with and a6ide 6y each anc~ every !{~e ag?eeme~ta, slipu~ations, condifiona and rnvenanfs set jo~ll~ in said note und this mortgage or eitl~er. In the puent tke morfgagor /ails to pay u~1~en due nny fax, assessmenf, insuwnce premium or ofher sum o~ money payu6le 6y birlue o( snta~ note anc~ lf~is morfgage, or eit~~er, 1{~e morlgagee may pay t~ie same, wi!/~out waiuing or a(~ecfing fhe opfion fo fo?eclose or any other rigl~t {~ereu~cler, and a[I such payments s~iall bear interest Jrom date thereo/ at tl~e l~ighest ~aw- (u~ rate tl~en a~lowed by f/~e Iau,s of the Sfale o~ Florida. )L any sum of mon~y I~erein re~errecl io be nof prompt~y paid u?ilhin 30 alays next affer Itie same 6ecomes ~ue, or ij eacli and euery !{~e agreements, sfipu[afions, condiiions ancr rnuenants o/ said note and tf~is mortga~e, or either, are not (ully per~or?ned, complied with and a6~ded by, fheie dee entire sum menlioned in said note, and ihis moregage, or tl~e en~ire balance unpnid thereon, sl~all /orthwith or therea~ter, at th~ option oj the morfgagee, becorne and 6e due and papable, anything in said note or herein to the contrary notu~it/~standing. Failurp by ~{~e mortgagee to exerrise any o~ f~e rig~ls or options herein provi~e~ s{~a~~ nof consfilufP a waiuer o~ any rig/~ts or options under saicr note or this mortgage accruec~ or f~eren~ler accruing. ~n ~itness ~~0`~ t{~e sai~ mortgngor has hereunlo signecl ancl sealed these presents fhe cray ancr year first abone u+riften, Signe led a i~~ered in the presencp of: - - . - - • • - ~ - - - ~ ' ton~Patrick,~Jr.` ~ ~ - - - - STATE OF FLORIDA~ ~ COUti'TY c~F ~Cie I HEREBY CERTIFY that on this day, beton mq aa o(ficer duly authorized in the Stat~ aforesaid and in the Counry aforesaid to tat~ acknowledgments~ personally appeared MIIlPON PATRICK, JR to me known to be thc pcrso~ described in and who executed the toregoinq instrument aad HB acknowkdged beforc me that Iie ~xecuted thc same. ~ ' ~411:'1iESS my hand and o((icial sea! in the County and Statc last aforesaid this day of ; ~ A. 19 73 . , ~ . .~.-cn ~ . , . . ~ - • ` • - • . ' . . . - - - ' - Pt~lic - . - ~ . _ ~ 255s~~ n~~ ~ ~ ~ ~ ( - ` Mr Commisswn f xperes Sept. 1. 197~ . ~ ~3 L`G ;:~II. ~ • F s;~~: ~ ~ G•''••. . • t= FiLED A!t^ ?E~uriDE~. ' F~Q^~n~~(.~~ ~ ST.LUCIE COlikTr ft Rvl:~? ~~1T~tA5 - ~;:R r~.{.;.',?`1 COURT ( p.r-~... ~rc:. ,'t[Q~.,~ ` - Nlai 15 i"l 3? PN'~3 T/ris h~s[n~nrcir~ prepnrc~d by: Waltr g~D vis ~~llR'.~f pREpF~tF.D 6Y: pF FLA ~~g iN6TRUMENT 71T: c- CURP- ~ O w qgSTRAGT & FO~T P~ERGE. FI.ORIDA ~~~F~ ~~0 ~ 205 5. 2ND S7. (,,`(J~~~ ~.~~-t~+~~,~~~','z`"`°x -E as - - . . . . '-7'~- ,~c.^`°s`.~'~.'*" ' - F ,..z ~ . ~ ~ f r~ . ' . '