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HomeMy WebLinkAbout0527 ant~ s~ull per~orm. ~-omply tuith and ab~d~ by each an~{ every the ayreements, stlpulattoni, condilJons ar~ conen~nls IRereo~, and oj this mort~ape, then this mortgage and tJ~e estate f~ereby creatt~d, a{~a11 ceata, de- le~mine dnd•6e nt~H •and t~oit~ L Iil[~ fhe mortgagor henrby ~wt~e~ covenants anc~ agrees to pay promplly w~een ~Iue t{~e prtncfpal and Interes! and ofher suma of money pr.^,e~ided /or en saic~ nole and thts morfgage, or ettl~er: to pay aU and tinQulor f~e laxes, assessme~ils, ~evies. ~ia~i~ities, o6~igalions, anc~ encum6ronces o~ every nalure on satd pro- pPrly; fo perrnit. commit w suf~er no wasfe, impairmenl or c~efe?ioration oj said ~anc~ or the improvements lhPrecn at nny time; to ~PPP IhP buildiri~s nou• O~ I1C+Mpjter on said land jully in:ured in a sum of not Iesa ~han full insurable value thereof in a c-ompany or compani~s acc~pta6le to Ihe mortgngee, the policy or poltcies !0 6e ~eld 6y, and payable to, sai~ moHgagee, an~ in fhe event any sum of money 6ecomes pnyable by virtue o~ such insurance Ihe mortflagee s{~aII f~ave tl~e rigi?t to receive and apply 1he saune to t6e i~debledness here6y secured, nmounting to !he mortga~or lor any surplus: fo pay all cosfs, chnrpes, and expenaes, including ~awyers (ees and lif~e searches, reusonably incurre~ o~ paicl by f~e mo~lgagee becaase v~ t~!e ~ai~ure o~ t/~e mortgagor to prompt~y anc~ ~ul~y comply with the agr~entents, stipu~alions, conc~tfions and eo~nants o~ said note anc~ f~is mortgnge. or eit{eer: to ~er~or~», comply u~i1l~ and abide 6y each nncl every the agreements, sttpu~afions, condifions and coi~enanls set jorth in said note and ll~is mortgage or either. ln the ~vent the rno~tgugor /ails to pay when due nny fax, assessment, insuronce premium or olher surn oJ money pnya6le 6y virtue oJ sutd note ~d rh~s mortgage, or eif~er, ftie ?nortgagee may pay t{~e same, without waiving or ajjecting the option (o ~orec~ose or any other riglit herpunder, and all such pnyments shall 6ear i~terest (rom date tl~ereoj nt the l~igl~est Inw- (ul raie Ihen allowed by Ihe lau~s oj I{~p State o~ Florida. ~l any sum oJ moncy I~erein re(erred l0 6e not promptly paid witl~in thirty days next ajler the same becomes due, or ij each and pve?y the agreements, stipulations, conc~itions and covenants oJ said note and this mortgac~e, o~ PII~Pf, are not Jully per(ormed, complied with and abided by, tl~en tl~e entire sum mentioned in said note. and tf~is mortgage, or the enlire bnlance unpaid the?~.wn, s~iall /orthwith or f~erea(ter, a1 ff~e option o~ the mortgugee, become and 6e clue nnd payable, anyt/~ing in saicl note or herein to the confrnry notu~it~stanc~ing. f~ailurp by the mortgagee to exercise any o` the rig~ts or options herein provic~ecl shall nof consfifufp a wainar o~ any rig~fs or opfions unc~er sait~ note or l~is mortgnge accrued or fF~ereaJter accruing. ~n ~hereof~ tl~e said mortqagor {~as leereunto signpa and sealer/ these presents the ~Qy anc~ year (irsf ahoi~e u~ritlen. ~ Signed, senled and delirer in t pr~sence o/: s ~ . - - - ^~y----- ' ~ - ~ Charles D. Sanger, Jr. - ~''~~-~:.~,t~r,... ~ `~"/.l.~~:'---~ - ~ . ~ - J Diana F. Sanger ~ STATE OF FLORIDA, ~ COL':VTY nF ST . LUCIE ~ I HEREBY CERTIFY that on this day, be[orc me~ an ! E of(icer duly authorized 'en the Statc afortsaid and in the County aforesaid to wk~ acknowledgments~ penonally appeared ; Charles D. Sanger, Jr. and Diana F. Sanger, his wife, s z to me known to b~ the prrson g described in and who executed the for~qoinq instrument and ~ey acknowkdged ~ before me that ~gy cxecuted the same, C i EtiI7'I\ESS my hand and o((icial ua) in thc County ar,d Statc last afotesaid this 2rj~ ~y a,( October A. D. 19 73, ~:.!i~l . F y~~ : ? ' . ~ ° ..~~4.<' CL(G c? ~:C~ ~ ~ C~':. ' : -----------------y._ ~ - , f _ . ~ . . ~ Notar ~ublic in aric~~~ ~~Cte'- ? ` ; - and County afores~id ,1-~, ` ' ~ ,i;'.~` tdy commission expiY~~••.,~-l- '~J=' 7e:~,-~ J TI~-~~ G ~ ~ ~ ~ O ~ ~ Q h~ ~ ~~i .ti,~ - o= N oOCUMENiARr~:~,~S~:,MF rr.~ ~ k.~~s~;~;: ' ~ ~ i?EQi._UF KEyEt~itl~ . . • ~ = ee. -~cr2r~s~~~~-' 2 3 ~ t . , o = N?4?' ~ • 5 ~ _ a ~ i ~ - Tlru I~~r~nanf~r~ prFparr~rl hy: ~ ~00~~~0 PAGE 527 ~ ~ : ro. - , _ _~w _ -~__y