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HomeMy WebLinkAbout2890 ~ an~t sha~~ perJorm, comp~y wilj~ a?~d a6~de by each and ei~ery t~e ngreemenls, stfpu~aftorit, condtteons and co~~enanls thereoJ, and oJ this mortga~e, then this mortgage and tl~e eatnte here6y created, shall cease, ds- termine and 6e null and void. _ ~n~ t~~e mortga~or hen+tiy ~tuthe~ couenanfs anc~ agrees to pay prompt~y when clue the prinripnl nnd interes! anc~ ot{~er s~ims oj money provided for in sai~ note and this morlgage, o~ eit~e~: to pny a~~ nnd singu~a~ i/~e fa.res, assPSSmenfi, ~evtes, ~ia~i~ilies, ob~tgafions, and encumbrances o~ every nalure on said pro- perly: to permil. rommit or su(fer no u~asfe, impairment or deteriorution o/ said ~and or the improvementa thprncn al nny 1ime: to ~~Pp ihe 6uildinfls now o~ hernafter on ~aid lond )ully insured in a sum of not leu thun N I L in a company or compani~•s accepta6[e lo Ihe mortgagee, the policy o~ policies !o be held by, ancl payable to, sai~ mortga~ee, anc~ in fhe event nny sum of money becomes paya6le by virfue o~ suck insurance fhe morlgagee shall hare t1~e ri9ht to r~ceivp and apply Ihe same to Ihe indebfedness here6y secured, accounfi~g fo ihe mortga~or (o~ any surplus; to pay a~~ cosls, charges, and expenses, inc~uding ~awyer~s fees and tif~e searcl~es, reasonably incurre~ or ~a~d by rhp mo~lgayee because oJ f~e ~ai~ure o~ Ihe mortgagor fo prompt~y an~ ~u~~y comp~y u~if~ the agreements, sfipulations, cona~ifions ane~ covenants o( saic~ note anc~ !{~is mo?fgage, or eiff~er: to pesform, comp~y u~if~~ nn~ abi~e 6y eacf~ nncr every ftie agreements, sfipu~ations, condifions and F CODPIIAIIIS set forth in said nofe and this mortgage or eil6er. In fl~e event Ihe mortgagor ~ails to pay when c~ue any fax, assessment, insurance premium or ofher sum o~ money payab~e by nirlue o~ saicr note and t~is mortgage, or eit~~er, f~e morlyagee may pay the same, u~ithout wnit~ing or a(~ecfing the option !o jprec~ose or any other rinl~t herpunder, and nl~ seich payments sl~all bear interesf from date fhereoj af t{ee highest Iau~- (u~ rnt~ If~en a~~owe~~ hy tlie ~au,s of the $late o` F~ori~a. Dt any sum oj money I~erPin re(erre~ to tie not prompl~y paicr within thiryt (30)days next a~fer !{~e same 6pcomes duP, or i) each an~ Pl~Pfy I~P agreements, stipulalions, conditions and conenants of saicl note and lhis morfc~ac~P, or eit~er, are not )ully perJormed, complied will? nncl a6ided 6y, ihen Ihe entire sum menlioned in said note, and tl~is morlgage, or tF~e entire ba~ance unpaid fhereon, shal~ jorthwith- or thereafler, at ftie option o~ ff~e morlgagee, become nn~ be due and pnyable, anything in sai~ note or ~erein to !{~e confrary nolu~ifhstnndinc~. Failurp 6y ihe morlga~ee lo exercise any oj ff~e rig~ts or oplions {~erein provic~c~c~ sho~~ not consfilufe a«~ait~er o~ any ri~{~ts or opfions unrlPr saicr note or t~is mortgage accruecj or f~~ereajl~r accruing_ ~n ~itness ~hereof~ Ihe said mortgagor hns herPUnto signed und s~aled Ihese presenls t1~e ~ay ancl year ~irst atioi>e ~nrilfen. Signe~. sen~PCr anc~ c~e~i~~~rn~ in ttia pr~sPnce o~: ~ ~%,rt ~ • ~ - - - - - ~ - ; - Robert R. Rider ---~i.~;.?.:Ct~~-'_..`~`~!_:Cj_~ ~ - - - i ; -(As to both parties) ~ t - - - - ~ _ - - - - - ~ - - . € Alvah C. Burke ~ ~ ~ ~ STATE OF FLORIDA, ~ COL'\TY OF St. Lucie I HEREBY CERTIFY that on this day, before me~ an offic~r duly authorized in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledqments, personally appeared ROBERT R. RIDER and ALVAH C. BURKE, to m~ known to be the person S described in and who exrcuted the foreqoinq instrument and Wt10 acknowledged be[or~ me that they ~x~cuted the same_ ' ' ~~'1'1 i`ESS mq hand and official sea) in the County and Statr last a(oresaid this ~:~~~1 " dby o( ~ October A. D. 19 73 . _ c~ ~ . . ~ : ~ = . _ 4 - , - . _ _ - . . . _ . . - _ _ ~ ~ - , . , , , _ ~ • ~ . ~ : r.- ' p.; - - - - - ..-c-..:~'--~ ~-~--~~.r--~-.s~---~:--:-.._. Notary Public s C _ ~ „ - ; My commission expi~es: " i 4 A,~,~ aECO~ F~~ ~ ~~:CRIDA 2t LAP.GE SIL`~,Ci~ ;'Ji1xRAS j~'~~ • uEC. 6, 191~ r~ R~ V ~ :ut` ~0~ . ~ cJr...tNO AG['~~I ~ CtE`•`~ y: , D ~Y+ p<<-.. - - g ~t 3 0 0 ~ ~ t ~ 26~,585 ~ ~ ~ ~ ~'E~ ~ ru:~ /,tsln,na•,,, pr~ p~tn•c! r y: . tw£w A b stract & Title Cor poration of Florida ~ ~ 1 ~I~lrc _~s . . ~ 2 05 South Second Street Ft . Pie rce F la . = - ~ _ - _ _