HomeMy WebLinkAbout2575 an~ shall per(orm, comply witl~ and abi~lp by f~ach and enrry the agreem~nts, stipulations, conditiona nnd
coi~enants fhereo~, and this mortflage, ihen Ihis mort~a~e and t{~e eslale hp~by c~eated. sl~all cease, de-
le~mine an~I 6e null and ~foid.
~n~ !tiP morl,ya~or ~~erntiy ~uriher covPnanls anc~ agrees fo pay prompi~y u~tien aue Ihe prtncipol ~antl
interest nncl oltier sums u~ money provi~Ie~I ~or in sai~{ note anc~ ftiis mort{~age, or either: fo pny a~~ und
sin~ular fhe iaxes, nss~ssments, ~evies. ~iabilifies, ob~igalions, and encum6ronces o/ ei~e?y nalwe on said pro-
periy: to permit, t~ommif or suf
Jer no u~asfe, impairmenl or deteriorafion of sai~ ~anc~ or fhe improvemenfs
thereon a1 any time; to RPP~) Ihe bui~dinfls noiv or h~rpa~tc~r on soid lan~ f ully insurecl in a sum o) not ~ess
than ~
in a rnmpnny or companies accepta6le to !he morlga~ee, the polFcy or policies to 6e held by, and ~yabl~
to, saic~ morlga~ae, an~ in Ihe event any sum o~ money becomes Payable 6y rirfue o~ such insurance t~e
mortgagee shall tiave Ihe rig{~! fo re+ceive and apply fi~e same to 1{~e indebtednnss F~ereby aecurec~, aceounting
fo the morfga~or ~or any surp~us; fo pay a~~ cosfs, charges, and expensps, Fnc~u~Iing ~awyers ~ees ane~ fil~
sparch~s, reasonably incurre~ o? paic~ tiy Ihe morfgagee tiecause oJ I~e ~ai~u~e o~ the mortgngor to prompl~y
ancl ~u~~y comp~y u~ifh f~ie apreemenls, stipu~aftons, cottc~ilions an~ coc+ena~ts o( said note nnd this mo?lgs•~p.
or eii~Pr; fo pPlorm, c~omply iuifl~ an
- - - d _ab~dp 6y ea~R a~cl__ pu~ry_1b~asce~~nls.~liR~ati~._~n itiQnznn~-
coi~ennnis se1 Jorth in said nofe anc~ fhis mo~tgage or eill~er. In t{~e euent fhp mortgagor ~ails to pay when
due any lax, assessmeni, insurunce premium or oitier sum o~ mun~y paya6le 6y uiriue u~ saic~ nofe and f~is
mortgage, or eifher, 1{~e mortgagep may pay fhe same, without ivaiving or a~jectin~ fhe optiort fo forec~ose
or any ot6er right hereunder, anc~ all such payments sl~all bear interest (rom date thereo( at t1?e I~igl~est ~au?-
/uI rale tl~en al~ou~ec~ 6y t{~e laius o~ fhe Slate o~ Floritla.
D~ any sum o~ monpy {~erein re~erre~I fo bp nof promptly paid withinThiTty (30) ~aYs next a~ter
tF~e same I~comes due, or ij each anc~ n~~e?y fl~p ngreements, slipu~alions, conc~ifions ancl covennnts o~ said
note and this morfgage, or eilf~er, are +iot Jully per)ormecl, complied with -and n6~dpd 6y, fl~en tF~e eniire
sum menfioned in snid note, and ~his morlgage, or Ihe entire ba~ance unpnid fhereon, s1~n~~ ~orlhwifl~ o~ ~
thereafter, at t{~p option of Il~e mortgagee, become an~ 6e due Qnd pnyable, anylhing in saic~ note or Iterein ;
to the conlrary notwif{~sfanc~ing. Fai~ure hy !tie mortgagee fo exercise any o~ ftie ?ighfs or options herein
pronic~ec~ s~a« no! consfifufe a u~aii~er o~ any rig~fs or options t~R~P~ saic~ note or f~is mortgage accnied or '
thPrea~fer accniing.
~n ~~111~ ~~~~1~ thp said mortgagor has I~ereunto siqnecl and sealed these pre:enfs tl~e _
day and ~pa~ J~~s~ a6o~.p u~riffen. R1C~1dtC~ F. Kaine & Dale R. Kaine, his wife, D/B/A
Dara a Co. , a co-partnership
Si , sea~~ ancl ~lp~ioere~ in the pr~sence o): ?
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. Richard F. Kaine
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Y~ale 1t. Kaine
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~ STATE OF FLORIDA, ~
COL'YTY OF $t.Lucie
~ I NEREBY CERTIFY that on this day, before me, an
~ o((icer dul~ authorized in the Stat~ afor~said and in th~ County aforesaid to tat~ acknowledqments, prrsonally appeared
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Richard F. Kaine & Dale R. Kaine , his wife , D/B/A Daraka Co a
~ co-partnership
~ to me known to br the person S described in and who ~zrcuted the (or~¢oinq instrument an8 ~1~~ ~iGiwwiRdaed
~ .ia:,i,;~
~ b~fore me that tYl@y ~x~cuted the same. C~~ - ;,'=f
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u ~~'ITNESS my hand and o[ficial s~al in the County and Stat~• last a(oresaid this 1~} ~'ad y,r~f ~
~ t'~'•- 3_ :
~ September A. D. 19 73 ~ : ~ ~ ~ ~i°~-.: i
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f~~~D AMU FE:OROED - ~ ~
~ ST. ~UC{` ~'~~,NRS~ ~A' \ ,pp1ARY oUg(IC STATE OF FLORID~Ai 4
cEE'.~ ~T `'~"~T ~ W COM~AISSION EXPIRES NOV. ~~4
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t; pr~,~F Y: lONDEDiNRUGENERAtINSURANCEUNOE4WRITERS
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~ S~ ZO 3 41 PN 7 ~
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:AZ 264159 :
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~ 77iis h~s~ni~nc,r~ prip~rn•J /y: Joe G. Mullins, V. P& Compt. ~
~ ~l~ldress P.O. Box 970 800K~~v
Fort Pierce, Florida 33450 '
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