Loading...
HomeMy WebLinkAbout2687 i anc~ sha~~ perform, comply wilh and u6tde 6y each nnd e~~ery !he agreemenls, atipu~atto~it, conditiona ar?d f covenants Ihereo~, and o/ thia mortga~e, then lf~ts mwtgage and Ihs e~tnte h.re6y creafed, shol~ ceass, d~- j termine and be null and iwid. ~ . ~ Ihe mortgaflor hen~by ~wfhe~ covenanfa ond ag?ees to pay promplly whe~ due ll~e principal and ~ interes! anc~ oftier sums o~ money prouic/ed (or In satd note ana~ t~ti mortgage, or eifher; to poy a~~ and ~ singu~ar tf~e fares, assessments, ~evtes. ~tabi~ilies, ob~igations, and encumbranc~ea o( euery nnture on aaid pro- perty: to permtt, commi! or suf je~ no waste, impairment or c~eterioratton of said ~end or f~e improvemenb f{~rrrcn af ony fime: to ~eep fl~e E~ailclinfl~ now or I~e?~ra~ler on-aeFc~ ~anc~ ~eeUy i~su+~I-Jn a eum-o( noJ less - - : thaR - FULL INSU1tABLE VALUE tn a company or companies acceptable to fhe mortga9ee, the poltcy or poltcies to 6e heW 6y, and pnya6le to, sai~ morlpagee, an~ in !{~e euent any sum o~ money becomes ~xiya6l~ by virtue ol suc~ insurance !~e mortga~ee shall have the rtght to re~ceive and upply Ihe same to t1?e inde6tedneai hereby secured, acoounting fo Itie morfga~or ~or nny surp~us; to pay a~~ rnsts, c~arges, ane~ expense=, tnc~uding ~awyer~~ ~eea nnd ttl~e searc{~ea, rensona6ly inci~~rec1 or paid 6y tl~e mortgagee 6ec~ause o/ the jailure oj the mo~tgagor fo promptly and ~ul~y comp~y with fhe agreemenls, stipu~afions, condifto?u nncl rouena~ls o~ said note nnd f{~ia moNgage. or either; to perform, comply with a?ed a6ide 6y eacl~ and every Ih+e ngreements, itipulnlions, condiltons a~d covenanis set ~orlf~ in said note and t~is mortgage o~ either. /n !{~e e~ent t~e mor[gagor ~ai~.i io pay when due any tax, assessmenf. Insurance premium or ot~er sum oj money paynble 6y virtue o( saic~ note anc~ this mortgage, or eifher, the morlgagee may pny f~e same, wit~out wntuing or a~~ecting the option to (orec~ose or any ofl~er riflht l~ereunder, and all sucl~ pnymenfs sl~all 6ear tnterest /rom date tkeneoj at tke higl~eat Iaw- ~ul rale f1~en allowed 6y the laws oj thc~ Stafe oj Floridn. ~l a?iy sum of money herein re(errecr l0 6e not prompf~y paid wit{~in th1lty (30) days nex! a~ter 1{~e same ~,e~omes ~ue, or i~ each and euery ihe agreements, stipu~ations, condifions nnc~ covenanfs o~ sa9e~ nole and lhis mortgage, or eitl~er, are not ~u~~y performed, complted with anc~ a6~ded 6y, ti~en the entire sum menlione~ in snid note, an~ ll~is morlgage, or t1~e entire 6a~nrtce unpuid tF~ereon, sl~all Jorlhwith o~ tl~ereu(ter, at the opfion oJ Ihe mortgagee. 6ecome and be due and paya6le, nnything in said note or l~erein to 1{~e confrary notu?if~slanc~inc~. Fni~ure 6y the mortgngee to exercise any o~ t~e righls o~ opttons ~erein prouiclecl sha~~ not consfifufe a waiaer oI any rig~ts or options under saic~ nofe or this mortgnge accruecj or f{~ereajfer accrtiing. ~n ~~LII~ ~~~Ot~ the said mo?t~agor has {~ereunfo signe~I antl sealecr lhese presenfs the cjay aru~ year ~irst aEioue wrilten. Signed, sea~ed and c~pliver d in tl~e presencP o/: ~ = ~ ~ ~ j !/~.-=~f ~ ~ j--- r ~ ~ ~ 0. C. Thompeo~. , ~ . _.~.4~'------------ Q~ , ~ - - ---.---.---.-.---t~ : ~ f ~ - - - : - ~ - ! f i ~ 1 F ~ ~ i ~ STATE OF FLORIDA. : ~ COUNTY nF St. Lucie I HEREBY CERTIFY that on this day. beforc me, an ~ officer duly authorized in the Stat~ a(orcsaid and in the County a oresa~ to ta ~ ac now e gmena~ penona y appear ~ ~ ~ 0. C. THOMPSON ~ to me known to lx the penon described in and who execute~l the for~qoinq instrument and Wh0 acknowledged P ~ b~(ore me that he executed the same. ~ ~ WITNESS my hand and official seal in the County and State last atoresaid this 2~th day of ~ September p. D, ~g73 : ~ ~ ~ i~ ~ ~ ~ ~ - y 264ti3~ ~ - - , . . - - ri; ota ~ i~~ ~ f~l~c ANe ~~Ntr FiA. : ~ 57.1uClE •O3. ; kOCtR P~?~T~AS NbTARY PUBLIC, State ot Florida at Large i CIEP? C1F CU1~ COURT My Commi~sion Expires December 18. 1975 ~ v Yf ~E Bon9W TAru AUTO-OWNERS IN~URANCE CO. ~ pF~ A_; . ~.~u~~.,~ ~ ~ 2~ 3 03 PM'Z3 = ~~~~3 ~ ~ s~ ~ .1+~.~ ; . r{ ~ > V ' ~ ~ ~ 4' ' ; V ~ . ~ /~~J' . y" S ~'j' ~ ~ _ ~ _ • ~ • J r ~ ~ . % ' ~ti` ~ - , ~ ~ S~ti~ti~`'. ~ !%is Iris~n~m~~i~ pr~p~~rrJ l y: o R 218 2684 ~ ~ ~~,i~nu eoox PAGf ~ . . . ~ " ~ ~ ~ _ : _ ~ - ='s~-`~i~ _ z ~ _ _ _ . ~ x ~ ii~~~~ ~