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HomeMy WebLinkAbout0362 and sl~all pe?jo~m, comply u~ith and a6ide 6y each and every the agreemenla, stlpulalton's, condtlloni and coi~ena~ts tF~ereo~, ancl oJ fhis mortpas~e, Ihe~ Ihts mo?tgage ond the aatate I~ereby crxated, sl~all cease. d~- tFrmine and 6e -null and noid. ~ the rnortganor {~en+by Jurther cove~ants and agrees to pay promptly wke~ due the principa! and interesi and olher sums o~ money pro~ided jor irt salcj nole and this mortgnge, or eilher; fo pay a~~ and atngu~a~ t1~e fares, assessments, ~evies, ~tabi~ities, ob~Fgattons, and encumbronces of e~ery ~ature on aatd pro- perfy; fo permil. commif o~ su~~er no waste, impairmenf o~ deferiornfion o~ iaid land o~ ttie improvemenb lherecn al any fime; lo ~aPp Ii~e huil~inps now o~ ~e?ra(ter on snid land ~u~~y insurec~ !n a sum of no! ~ess than in a company or companies accepta6~e fo t~e mortgagee. !he po~icp or po~iciea !o be held 6y, and payable to, saic~ morfgagee, anc~ in the event nny sum oj money 6ecomes payable 6y virfue o~ suc1~ inauiance the mortga9ee shall haue tl~e right to re~ei~e and apply the same !o the inde6tednesa here6y secured, aceounting ~ to t~e mortga~or ~or any aurp~ua: to pny a~~ rnsts. c~arge~. nnd expenses, inc~uding ~awyer's ~eea and ttl~e searc{~es, reasonably incurrecl o~ paid 6y the morlgogee because of t{~e ~ai~ure o~ t~e mo?lgagor to prontpt~y and ~ully comply u~ith ttie a9reements, stipulations, conditions und covenanls oj said nole and t6is mo~t9age, or eil~er; !o pe~orm, comply with and a6ide by each and every the ngreements, stipu~aftons, condifions nncj covenants set fortf~ in said note and fhis morfgage or eit~er. In the event the mortgagor ~ui~.s to pny w/~en c~ue any tax, assessment; insurance premium or ot~er sum o~ ~oney ~ya6~ 6y oirlue of said note nnd t~is mortgage, o~ eill?er, Ihe morlgagpe may pay ftie sarree, without wniving or a~~ecting fhe option to ~orec~ose or any oll~er rigl~! he?ee~ndpr, and all sucl~ pnyments shall 6ea~ interest f rom date thereo( at the I~ighest law- ~ul m1e f6en allowed hy the lau?s o( the State o/ Flori~;a. ' ~L any sum o~ mon~y ~erein re(er?ed to 6e not prompl~y paid within c~aye next ojter t{~e same becomes due, or i~ each and euery ihe agreemenls, slipulations, conditions and rnuenants oj said note nnd Ihts mortga~e, or either, nre not jully per~ornied.- complied with and n6td~d 6y, then the entire ' sum mentioned in said no~e,. and this mortgage, or the entire 6alance unpaid thereon, shall jortl~witl~ or tl~erea(te~, at f~e opfion o~ fhe mortgapee, become and 6e due ~d Poyabl~, anyfhing in saic~ note o~ {~erein ' to fhe contrary nofwitF~standing. Failure by the morfgagee to exercise any of fhe rig~ts o~ opttons ~erein provic~ed sha~~ nof consfiiufe a u~aiver oJ any rig~fs or opfions under said nofe or t~is mortgnge accrued or f{~erna jler accruinfl. ~n ~~LllQSS ~~~1~ !he said mort~agor I~as he~+eunto signecl ancl sealetl tI?ese presenfs the c,ay an~ yenr ~irs~ a6oi~e u~ritlen. Sigried, sea~ed nnd deli~~erecl in tl~e presence oJ: ' ' ~lfL\L j(~~ - ~A i~' " ~ A , - ----E = r. ~ iJ~ - - - - - - - ~ - - - ~ ~ ~ { ~ ~ STATE OF FLORIDA, ~ COUNTY OF ST. LOCIE I HEREBY CERTIFY that on this day~ betore me~ an o[(icer duly authorized in the State aforesaid and in the Gounty aforesaid to take acknowledgmenn, penonaUy appeared wanda Banna and Alqot Carlson to me known to be the penon g described in and who ezecuted the [or~going instrument and wbp acknowkd6ed betorc me that tlle~Executed the sama WI7'\ESS my hand and o(ficial seal in the County and State last a(orcsaid this isttl day oE ; June A. D. 19 73. ~ 2S'~'13~ / ' 26Q4`7~ ...._..c~--~. . - - ~ ~ NO RY PUBUC, State of Flerida at Large ~ PfLED ANO REC4ROE0 My Commiss;on Expires December 18. 1976' ~ $T. L~C~C ~~UH 1 r f ~A. ; ~ Bonded TArY AtlTO.OWNERS iNSyg~WCE Cp, RO~:F =~~tjRAS S ~ - _ _ . CILF.a CI :i;U17 COURT ` y " ' ~~^'F,; ti~n~~~E~~~~ , ~ . . 1'~'L,iJ! i'~'.~N • J ~ 3 2 is PM '73 - ~ _ ~ ~ ~ ~ ~ ~ " ~ ~~N ;J ~ 3~ i1~ i _ . ' . . _ - ~ , ~ ~Qr ~ GZ ~ ' n , t ~ , _ ; ~ . . - - . . Thu Lrsrninunt prepnrrd by: ~ ~ ~+~~n~ - ~~2~~ ~15~~ . ~ 3~8 /ii zc_<4>a. , _.zY_ . . _ _ - _ . ~ _