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HomeMy WebLinkAbout1288 a and shall p~~r/orm, comply witl~ Qnd a6ide by each and ei~ery the ag?eements, stipu~atiuns, condilions and conenanls I~ereoj, and oj ihis morl~u~~, i~Fn t~-,is mo~i~nge and t{~e pstate I~ereby created. s~all cewe, de- fprmine an~l be null an~l i~oid. Tin~ Ihp mo?tga~or ~~erchy ~urltier corennnls anc~ agrees fo pay prompf~y when due Ihe principal and interpst nnd olher sums oj mon.~y provi~~c~d (or in said note and this mort~age, or eiiher, to pay al1 and sinRular 1{~e ItIXPS, nss~ssm~nls, 1~~~~i~~s, li~l~ilifies, o6le~atiuns. and encumbrance's o~ Pt'Pfy flQltlle QR SQld p/O- perly: fo p~rmiL ~ommif or su((er no u~~sle, impairmen! or c~rferioration o~ suid Iand or the improvemenfs t1?ereon al any lim~; to frP~p t{~e f~ui~tlincas noiu or ~~vrea~t~r on SAf~ ~QII~ It~l~y inst~rP~ in a sttm o~ not ~ess ~?~o„ Fifte~n Thousand and no/200-----------------------($15,000.00) in a ~ompany or compani~s ac•cc•pfa'?je tu t~e~ rnorlga,qrr, 1{~p po~icy or po~icies to he hpld 6y, ancl paya6le to, saicr moNnar~eo, an~ ~r~ ~1~~ CI'PI1I any se~m o~ mon~y bPCOmes paya6lP I~y virh~e o( suc1~ insu~ance 1{~e morfga~~t~ sl~u~~ {~or~> tl~~ ri~~h! to rM-~ii•e ~n~ upp~v tl~e samp to thp indebte~clness I~ere6y secured, accounting j ~ to f~ee mortga~~w ~or ani surpius; to pat a~~ costs, charg~s, nnc~ expens~s, er,e~eea:'~n Inwyor i~ees ancl tif~e ~ sParch~s. rnctsonaf~~y inc~irn~~ or poic~ ~~y t~a• mrarlguc~ee herause oj t{~e ~ui~UFt' of rh~ mortgagor to prompl~y ant~ ~u~~y comp~y iviih f~u~ a~Itre~m~•r~ic, slipulqlions, conc~ifions an~ co~~~nanls u( sai~ note an~ t~is mortgage, or eitl~~r, to p~r~orm, ~umply u~iii~ an~l abi~1~ 1?y ~arl~ and ~r~ry Il~e agreemenfs. alipu~4tions, conditions anc~ ~or~nanls set ~orlh in sai~~ nofe anc( I~~i. morfgac~e or ~i1J~er. /n fhn ei~ent fhe mortgagor ~ails to pny tvhpn du~ any lax, ass~ssnt~ni, insuranr~~ pr~mium <~r .,fl~~~r sum o~ ?~onpy nayab[p by t~irtup o~ said rtofe ant~ 1{~is morfgage, or ~illi~r. II~r mc~rfgu~l~e~ mny ~~ar Il~r sam~, u~rt~out u~ait~ing or aJ~ecfin,q t{ip option to forec~ose or anv ollu•r riryhl 1i~re•i~nd~r. an~r all ~u~ l~ pn~mrr~ts slra~~ ~.Par inlPrPSt Jrom ~AIP tl~ereof at Ihe ht~hPSt law- (u~ rofr (~u•i~ a(1o~rc~~ t1~r jnrr•s u~ Il~~~ 1ful~• n~ ~ ~urir~n. l~ an~ swn ti~ monry ~~e~ntin ?r(rrn•~r f~~ not prontptly pait~ u~iltiin thirty ~ays n~•tf 4JtPr ~ ~ .~u~ir il~Y iiiiif~.i iiiii'. ii: aa=:r1 :.•=•s~• r/,o oyr~em~•nfs. stipulafio+~s. <•oieditians ant~ rnvenants oj snic~ nol~ an~ tf~is murlryt~qn. or ~itJ~~r, nrr n~~t ~u«t~ p~tfornip~I. ~omplietl ~ri1h ond a~~ic~etr E~y. 1{~en lhe entire sum m~ntion~~ in saic~ nof~, and f{~i. ??u,.~q,r.~,•, vr Jli~ ~nlire balancP unpai~ thpreon, shu!I for!{~witl? or tl~rr~aftrr. ~rt tl~r• oplion o/ f{e~ n~orl~rn~+r~~. bM-umr ar,rl 6~ dup and payahle. anythin~ in sni~ note or herein fo t~e~ rniilmry nolu~if/~s/nnr~in~~. ~'oi~uro F,v 1~~~• morl~~anPe fo exercisP nny o~ l{~e rig~els or options {~erei?t ~~m~•ir~~Y~ s~~n~~ nol ronclih~lr a u•ni~•~v o~ nnv ri~~~~fs ur options nn~er sai~ nofP or (tiis mortgage accruet~ or Ihor~•n(I~~r ~rc~n~in~~- ~n ~itness ~hereof r ~ ~ I'IV •01~~ ??)q?~f~(Iq0! {i(~C ~IP?1•11?1~1? SI(~lIP~ AII~ SPQ~P~ ~~PSP p/'PSPR~S ~I1P I ~lav anr~ v~~~~r (irst n1~ot•r u~rillrn. I ` \~ignr~~. c~n~~t~ ana ~~e>~i~~i~r~~ iq I~u~ prn•.~n~ r u j i . - - ~ ~ ~ ~ ~ ,1~?•' C~•.~c v~L rw / . ~ i - ~ . . / \ . \ ~ - _ _ . _ \ ~ ~ t~ . ~ . _ ~r;,~ ~ ~ f . ~ . _ ~ ~ N i STATE OF FL(?RInA, ~ ( Cc~t'\7'ti' c~F St. Lucie ~ I NF.REBY CERTIFY tLat un this da~•, b~(ore me, an ~ ! ofSi~rr dulc authnri~r~d in th~• tit.itr af~•rrs.u~1 and in tlu• Gountv .~forrTaid to takr a~knowlcdem~ nts, personally appeartd ~ ~ Carl E. Flippen, a singie aduYt" ~ ! to m~ knuwn t~~ Iu• th~~ W rsun drsrri~M~1 in .tr~d „n~~ ea~~i ut~•~I th~ forr¢crin¢ instrurnrnt and he arknowkdRed befur~• me that he cze~ utr~1 thc s~rne. i ~\'1"1~\ESS m~~ hand and offi~ ial ceal in tln• (:~~~~ntv an~l Stat~ l:ist a(urrsaid thi~ 1St day of November D. 19 73 , It ~6i75~ 3 _ = 7 j, - „ ~ d ~ ~ ~ - : - . ~ .:..J;.. , Fi~F~ r y~ :~c~a~EO /1 ~~o ~ 11 ~ v ST.lUC!~ ~:~Uti7Yf1A. r~p*eqv o!ISt!~ - - ~ ~ FU~cie •'~iTRAS ~ _ ~T~TF ~ F{~h'~A ~tt ~AsGS- : ~ . C[f~:K =.t :1tT CO?JRt , - '~~v F~~.^:.:o kT:~~ ~ '~,y i:'t ~ :,R= Vt - 'p . :0 . G: ,_FAt ~ti::Y~:tc?,lC~,=6~12ifi:~s ~ - . , Na~ ~ PH ~r3 - ~ ; ~ 2 24 . . ~ i ; , , ! ~ ~ , ~ i $F~?#~ ~Mf~~ ~ ~ ( ~ ,