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HomeMy WebLinkAbout0145 and shall per(o~m, comply witl~ and n6ide 6y ench and enery fhe 4greements, sllpu~aftoni, condlftons arul ~,onenanls ~i~ereo/, and o( thts mortgas~e, then Il~u mortgage and rh. estate herebr c~eated, il~a!! cease, d~- termine and be null and t~oid. ~ the mo?tgapo~ heruby (urther covenants ~d agre., eo ~y ~.+~,~Fily whe~ du. ~h. p.r.,~+Pol w~d interref nnd other sums o~ money provtded for tn iatd nota ar~ f~u rr?oNeoge, or eit~er; to pay u~~ artd singular fhe faxes, assessrreerits, levie~, lra6tljue,, ob~tgallons, ond encum6mnc~ea o~ every naturo on aaid pro- perty; to perneit, cornmif or su~~er no wasfe, impairment o~ dele?ioralton o~ sutd lnnd or t~e improuernenb 'thPr+~en of any lime: to ke~p the 6utldings now or hereajte~ on saicl ~and ~u~~y instuec~ in a sum o~ nof ~esa ~han full insurable value in n company, o~ rnmpu~ies accepla6~e to Ihe mortgagee. f~e po~tcy or po~icies !o ~ie /~e~ 6y, and paya6li to, satd morfgaqee, anc~ in fhe evenf any sum o~ money bec~omes rxiya6[e by ~~irtue b( such E?uurance the morlga9ee shal! have the ~igl~t to receiue and apply the snme to tl~e indebtedneu hereby secured, ncrounting to f~e mortga~or jor a~y surpjus: lo poy all cosb, ~{~urges, nnd expenses. inclucjing ~uwyers ~ee~ ancj ttt~ searcl~es, reasonably ~n~~~..~! o~ ~,~d by ~he mortgagee 6ec~ause of the fatlure oJ tl~e ~orfgagor to promptly and JuQy comply wit~ ttie agreements, sftpulaltorts, c~ondifiona anc~ eovenanta oj said note and t1~ts mortgupa, o~ either; to perform, ca~Aly wtii~ u„d Qb;de 6y eo~1~ ond euery !~e agreements. stipu~ntions, eonc~ifiona and covenants sef ~orlh in said note and lhts mortgage or eifher. ~n the euent t~e mortgago~ (ai~a to puy u~hen due nny tax, assessment, insurance premium or other sum o~ money payab~e 6y vtrtue o( saEd note and tl~b mortgage, or eiltier, the mortgngee may pny ftie same, wil~out wuiving or ajjecting f~e optiort to lorec~o:e o~ any other right f~ereunder, an~ a~~ such poyrr?ents sl?all 6ear tnlerest lrom dnte t~ereo~ af t~ie ~igheat ~aw- ~ul rate then allowed 6y ~he lau?s o/ the State oJ Florida. 7l any sum oJ moriey herein re(er?ed to be not prompt~y paic~ within thirty days next afte~ the same becomes due, or iJ ench and every Ihe agreements, stipulotions. conditions and couenants o/ said note nnd this morlflage, or eitF~er, ure not /ully per(ornted, complied with nnd abided 6y. lhen ll~e en[ire~ sum mentioned in snid note, nnd this morfguge, or t~e enline ba~ance unpaid theneon, a6aII (orthmith or t/~ereajter, at t~e option o/ lhe mortgngee, beeome and bR due and papnble, anythtng in satd note or 1~erein fo fhe contrary notu?it~istancling. Failure by the mortgagee fo exercise nrty of the rig{~fs os opfions ~?erein pro~~ided shall not constit~ite a u~aivpr o( any rights or options under snid note or t6is mortgage accrued or ff~erea~fer accrt~ing. ~n ~llll~ ~hereof~ f~e saic~ morfga,qor {~as hernunto signed ant~ sea~ t~ese presents !{~e c~ay en~ year j~.~e atiot~e trritlen. Signed, sealr~l and deli~~ered in Ih~ prnsencP o~: _.i' ?'"~Z ; ~ - - - - - - - - - • Fred fiorowitz ~ ----------------f A tt~~~~"red~--Horo ~~tz------------~--------- ' _ ; ~ : - - ~ ~ ~ ~ ~ _ - - Ch ' arles E. Ifing, Jr~ ~-,f ~~..i % - ~ --,_r . _ _._...-----..._..----...---....._..----------------------~=----------.------..___.Q~ As~~~to ~'fiarles Kiiig;-~~~Jr:~~ STATE OF FLORIDA~ ~ cov~r~r ~F St. Lucie f I HEREBY CERTIFY that on thii day, beton me, an of(icer duly authorized in the Statr atorcsaid and in the Couoty afor~said to uke acknowledgments~ pertonaUy appeared f FRED HORO~WITZ i to me known to br the person described in and who ezecuted the foreqoinR instrument and he ackoowledged beforc me that he executed the same, s Wi7'NESS my hand and otficial seal in thc County and Sate last a(oresaid thu 2]t~'1 day o( ~ June A_ D. 19 7 3. ; . f - S . _ ~ .``~~\~11~f~11?~/~~~ - " y " ' ' ~ . ~ Z. ~ f ~ ' Notary ~ubl~ t- te~~~of-~- orida ~ : . V _ _ . . ~ r, ? ~ ; ' o~ ~ . at Large J . ~ ~tir.~_':~ s 1?t ~i rf,•: t' _ Notary 9L6$c, ~t; ' _ ST~tc of fior:da at Ltrga -f: ?..li. ~r:Iyf~~' :~i. My Co~.misaion Exp:s.s II~a :~T. 2^'b ~.l ~':/.1'1',i rl•Ci~;r Mrv3od by Arr.crican f:ro d. Cc:;;~i:y Cv. ' ~ ~J.31r~. . aT~ i ~ ;~f.; ~n..,~. ~ ~ J . ..,L~, . ti ~ t~~~t t~,~n~l`a - a• .n i : • . ; l,u,n,,,,f,/~p/~ ~ ky: . . ~ ° oK216 ~45 x THlS { ~~~l..,S.:r+ .'Yn~ . . t . : " Acf~/rt~ts SPENCER B. GIlBERT, Attor;ey ~t lzvr ~p $ SEC4ND S1REEf . FT. PIFHS.E F!A. 33,. ' 't r- ~ ~ ; 1_ ~ r.z.. . ~ .~y._:~ . . - ~?s.t- ~