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HomeMy WebLinkAbout0788 , ~ - ana sha~~ per~orm, comp~y wifh a.~d a6tde by ea~h and every t~e ag?eements, ttipu~ntlon's, conditFons ahd conenants thereo/, and o/ this mortga~e, then Il~ts mortgage and tl~e e~tate he.+~6y crealed, thall ceass, de- lermine and 6e null and iwid. ~n~ t{~e mortga~or hen+by (urthe~ couenants and ogrees to pay promptly when due the prtnclpnj and intere~l anc~ ofher sums o~ money provided jor in saic~ nole and t~it mortgage, or eit~er; !o pay a~~ and singu~ar !~e faret. assessments, ~euies, ~iabi~ities, ob~igntiona, nnd encumbronces o~ euery nature on sotd pro- perty; to permtf. commif or suf fer no waste, tmpairment or deferioration of said ~and or fhe improvemenls tl~Prrcn at any time: to ItePp Ihe 6uildings nou~ or herea~ter on snid land /ully tnsured in a sum oJ noi less tF~an MAXIMUM INSUItABLE VALUE in a company or companies acceptab~e fo i~e morfgagee, ihe po~icy o~ po~icies to 6e tie~ by, and puya6le to, sai~ morfgagee, ane~ in Ihe even! any sum o~ money becomes Poynbl~ 6y ~~irfue o~ suck insurance t~e morlgagee sl~all {~aue the right fo receive and apply tl~e same to Ihe inde6ledness F~ere6y secured, accounting fo f{~e mortgagor ~o~ any aurplus: to pay a~~ cosfs, charges, and expenses, inc~ucjing lawyer~s Jees und ti~le ~ searches, rensona6ly inciirrec~ or ~~d 6y t6R mortgagee because o~ f~e ~oi~ure o( ftie mortgagor to prompllr ~ and Jully comply with the ngreements, stipulalions, eonditions nnd covenants o( said nole and Ihts mortgage. or eitl~er: to pe~/orm, comply with and abide 6y eacl~ and every !he ogreementa, stipulations, conditionr and ~ covennnts set f o~tl~ in said note and ihis mo?tgage or either. In the event tl~e mortgago~ (ails to pay w1~en ~ due any tax, assessment, insurance premium or ofher sum of money paya6le 6y virfue oj said nole and this ~ ~ mort~aflR, or eit{~er, the mortgagc~ may Pay ~hp same, wif~out waiving or a~~ecting fhe oplion to ~orecfose or any other ri~F~t herPUnder, and al~ such paymenfs shall 6enr interest jrom t~ate thereo) af Ilee F~igl~est law- ~ ~u~ rate ih~n al~owecl by 1{~e lau~s o~ t{~e Stale o) Flori~a. ~ ~ ~l any sum oJ mun~y herein re(erre~ io be not promptly paicl within thirty days next ojter ~ 1{~e same becomes due, o~ i~ eacl~ and euery the agreements, stipu~afions, conditions and rnvenants of snid note an~ 1{~is mortgage, or pifher, are not fu~ly performec~, comp~iec~ wii{~ ane~ abidecl 6y. .t1~en llte enfire sum menfioned in said nole, onc~ t1~is morlgnge, or the entire balance unpaid tl~ereon, skall ~orthwitl~ or ti~erea~ler, at th~ opfion of II~e mortgagee, 6ecome an~ 6e due and paya6le, anyttiing in said note or {~erein ~ fo the conlrary riotu~ithstandinp. Failure 6y ~he mortgagee to exerrise any of the rig~ts or options herein proi~icled sf~al~ not conslilufe a wainer o~ any rig~ts or oplions unde~ sni~ note or f{~is mortgage accrued or therea{ler accruing_ ~n ~itness ~hereof~ the said mortgagor has hereunfo signed and seale~l fhese presenis the ~ cray an~ year Ji?st aE~o~~e u+ritlen. Sigrie . ~aled and d~Iin red in ~Presrnce f: ` ~ S x~ - . --I~~-.- - . - . Th as L. Knot ' ~ C ' - : . ~ ~ J ; • - - • • i - - ; Margare V. Knott ` - - - - - - - E : f : ~ ~ ~ ~ ~ ~ STATE OF FLORIDA, ~ - ~ COL'hTY C)F ST. LUCIE ~ ~ I HEREBY CERTIFY that on thi: day. before me~ an ~ ~ officer duly authorized in the Stat~ a[oresaid and in tht County afotesaid to tak~ acknowkdgments, personally appeared ~ ~ ~ ~ THOMAS L. KNOTT and MARGARET V. KNOTT, his wife, ~ ~ to me known to tx the person S deuribed in and who executed the for~goinq instrument and tYIE.'~7 acknowkdged ~ ~ . ~ befor~ me that they ~x~cuted the same. ; ~ N`i7'NESS my hand and of(i~ial seal in the Cou ate last atoresaid this Zsttl day of ~ g September, A. D. 1973. ~ _ ,,,7. ~ ~ . ~.~,x J . . - ~ . - - - - - ~ = : _ tary Public Stat~ = NOTARY PUBUC. . ~t ~ ~4 - t Large . M,r co~~?rssiqti : ets s t~. ~ My Commission E~~~'~41eftGi" B'"~~un Ca ; . . ~ . r " ; 4 , . ft.f0 e.~+.~ u:C•~k3ED A~~ ,ST.t'J~Ii =,•;':~TY ~LA. R;'~,: -~1"?A5 ~ ` C! FFK i ~:1;~ ~COi1RT j ~ Kfi:^~''~_ • ~ ~ 4ct 3 8 3s bH'73 ~ ~ - l7r;s I,uimnr~,rr pr~ p,m ~l hy: 2649'7s ~ R p BOOM PAGE 7~p A~l~fn•u ~ - - -