HomeMy WebLinkAbout0961 arid shall pe?Jarm, comply iuell~ arid a6ide 6y eacl~ and ei~ery thn agreements, sttpulation's, conditions and
cor~nanls ~{~ernof, nnd o( I?iis mortgane. then lhis mcuf~~ane anrl Il~e esfale hereby ~reate~, sha~~ cease, de-
fermin~ and 6~ nu~~ ancl oui~l.
~i~ 1{~p morlga~or ~~~n•by Jurlhe~ covenarets and agrees to pay prompf~y u~hen due fhe principa~ ancl
inteers! an~ oth~r sums of monPy provi~Iecr ~u~ in said nofe and Ihis mortgage, or eilher; fo pay a~~ and
stn~ular Ihp 1Rx~s, ass~ssm.~nts, IPI~tPS, lia6ilili~s, o6ligations, and encum6mnces of euery nafure on said pro- '
perty; fo ~ermif. commil o? suffer no waste, impairmenl or cleleriomfion of saicl ~anc~ or fhe tmprovemenfs
IF~t~rn~n nf any fim~: fo k~~P~ ~h~ h~~~ld~?~fls now or hereaJl~r on sai~ ~antr ~u~~y insure~ in a sum oj not ~ess
I~an
in a ~-ompnny or compani~s acr~~pta6le to Ihe mortgaflee, 1{~e po~icy or po~icies fo 6e held 6y, ane~I payu6le ~
to, sni~ morl~~age~. an~ in the evenl any sum o/ mon~y 6ecomes Paya6l~ by virfue o~ such insiuance !tie
morfc~ng~e shall hni~e the riflhl to receive and apply thp same to the inde6ledness hereby secured, accounting
fo fh~ mortgagor jor any surplus; !o pay a~~ costs, c~arges, ancl expensps, inc~uc~ing Iawyer~s fees ane~ fif~e '
searcti~s. ~ensona~?~y in~urre~l or pnid 6y Il~e morfgagee hecause o( thR jai~[tre o~ fhe mortgagor fo prompt~y
ane~ ju~~y comp~y u~itti Ihe agreemenfs, sfipu~alions, concrifions ancl coi~pnanfs o~ saic~ note an~ Ihis mortgnge,
or eilhpr; to per~urm, ro??,~ly wil~~ and a6ide Ly eacl~ and every !{~e agreements, stipu~ations, conc~ilions ant~
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coi~enanls set jortti in saic~ note an~ ltiis morlgage or eilher. ~n ihe evenf fhe mortgagor (ai~s fo pay w~en !
due any tax, nssessm~nf, insurance premium or ol~er sum o~ money paya6le. by virtue oJ saic~ note a?td t~is s
mort~age, or Pil~ier, i{~e morf~agee may pay tfee same, without wairing or aJ~ecfing fhe opfion to ~orec~ose ~
or any ot~er ric~ht her~under, nnd a~l s~~ch paymenis sF~al~ f~par interest /rom date tl~ereoJ at ff~e I~i9hest lau~- ;
(ul rale Ih~n alloine~l hy Il~e la~vs o~ tl~P State of Florida. '
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any cum o( mon~~y ~~prein re(errnc~ fo he nof prompf~y puic~ wilhin thirty days next alfer '
s
Ilip samP 6PCOmes du~, or iJ eac{~ and ei~ery f1~e agreempnts, slipulations, conditions nnd covenanls o) said
notp nnd Ihis mortga~~e~, or eitli~r, are nof ~ully per)ormed, compliecl wilh and a6~ded 6y, Ihen tf~e enlire ~
sum meniioned in saicl not~, an~I this mort~age, or th e entire 6alance unpaicl tl~ereon, shal~ (orthwith or ,
!{~erea~ler, al f{i~ oplion o~ fhe morlgageP, ~ecome and 6e c~ue and payati~e, onyfhing in saic~ note or herein '
fo l~e~ contrary ?ioluTit~~slan~~ing. f=ai~ur~ ~~y Ihe mortgagep fo exercise any o~ the rig~fs or options ~erein `3
pro~~ic~~c~ stia~~ nof co~istifulr a u~ait~~r o~ any rig~ls or options un~er saic~ note or t~is moHgage accrued or t
th~rc~a jt~r acc•ruinc~. 4
~n ~itness ~hereof~ l~u~ sait~ morfgagor hns ~~erPUnto signe~ ana sea~ec~ f{~ese presenfs f~e
~~ay anr~ y~nr ~irsl a~~o~+e ~nrilfen. '
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Siqn~cl, SPA~P(~ Qtl~ (1P~11'P!P(~ Ifl ~~P ~1fPSPI1CP O~:
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z STATE (>F FLORiDA, i
~ c.c~i~~-rv ~F sT. LUCIE ~
~ I HEREBY CERTIFY that o~ this day, befon me. an
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~ o(ficer duly authorized in the State aforesaid and in the Countq aforesaid to tak~ acknowledqme•nts, prnonalfy appearcd
~ George Frenz
~ to m~• known to !x th~ person d~scribed in and who ~arcuted the (or~qoinq instrum~nt and whp acknowledged
a be(or~ mc that 11Q ~x~cuted the same.
~ 1~'I'1:`F.SS my hand and ofticial ual in the Count~• and State last aforesaid this 12~ day o(
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~ June a. n. 19 73.
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_ PUBLIC,'StLt~~ot Florida at Larse
y CommSssion Expires December 18. 1976
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~1r/r~i~s3 rHiS ;~.5- . . . - - . Ralph H. EHtes $~CK~1~ Ii.~ ~~9
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