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HomeMy WebLinkAbout1980 t and shall per~orm, comply witF~ and a6ide 6y ~h a~d ei~ery tl~e aereements, sttpulatioris, conditions and ; conenants tl~ereo(, and o~ thJs morlga~e, then Ihis mortgage and the estate he.~6y c?sated, al~all cease, d~- termine and Ge ~ull and t~oid. ' fhP mortganor I~en+by ~urltier covenunfs nnd agrees to pay promptly wl~en due the p?inclpal and Interrsl anc~ olher sums o~ money provi~e~ ~or in satcr note and thi: morfgage, w eifher; fo pay a~~ nnd ~ stngu~ar f~e fnrps, assessme~fs, levies. ~iabi~ities, ob~ic~afions, and encumbr+ances oj every nalure on said pro- perly; fo permit, commi! or suf~er no wnste, impairment or c~eteriomfion oj saic~ ~and or ftie improvementa thPrncn at any lime: to ~PPP I~P 6uildin~s nou~ or hereaJier on said land Jully insured in a sum oj not less ihan full insurable value in a compnny or companies accepfahle fo Ihe mortgaflee, the policy 'o~ policies to 6e tipld 6y, and paya6le to, saic~ morfga,qee, an~ in IhP CI~PIII any sum o( money becomes paya6le 6y virtue o~ such insurance the ~ mortgagee shall I~ave the righf fo receiue and apply the same to tl~e indebtedness here6y secured, accounting ; to f{~e mortga~or (or any surplus; to pay a~~ costs, charges, and expenses, inc~ucling ~awyer s~ees ancr fit~e sea?c1~es, reasona6ly incurrec[ or paid by the mortgagee 6ecause of the jailure o~ the mortgagor to prompflr and jully comply witF~ fl~e ap?epme~its, stipu~iions, conc~ilions an~ coi~enants o/ said note and this mortgage. or eit~er; fo pe~~orm, comply u~ith and a6ide by each anc~ e~ery the agreemenfs, sfipu~ations, condilions and coi~enants spt /orfh in. said note and t/~is mortgage or either. /n the evenf the mortgagor Jails to pay when due any tnx, assessmenf, insurance premium or of~er sum oJ money puya6le 6y virlue of sait~ nofe and f~is mo?tgage, or eit{~er, Ihe morlgagee mny pny t~e same, wifhouf waiving or aJ~ecting t~e opfion fo ~o~ec~ose or any olher ri,ryl~! I~Qroun~I~r, nnd aII sucl~ payme~fs shall 6par infe~pst /rom t~ate tl~ereoJ at the hig/~es! lau•- (uI rafe Ihen atlo~~~ed by rhp ~ows o/ the State o~ F~orida. • ll any sum o~ mon~y I~erein re(errPC~ to he not prompi~y pai~ wittiin thirty ~Qys nexf ajler the same 6ecomes due, or i~ each and pl~Pl'y IIIP Q(J~PCI?lP?IIS, stipulations, conditions and covenants of said note nnd this mortga~e, or ~i1F~er, are not JuIIy perJormed. complied witti nnt~ a6tded 6y, ihen tlte enfire sum mentionec~ in said note. and this mortgage, or the enfire 6alance unpaicl thereon, shal~ ~orthwitl~ or fherea)ter, at t{~~ option oJ the morfgagee, 6ecome and 6e due and paya6le, anytl~ing in saia note or herein fo !~e confrary notu~ithsian~ing. F=ailure hy t{~e mortgagee to exercise any of the righls or opfions herein provic~ec~ shall not constifulp a u~aii~er o~ any rig{~ts or options un~er sai~ nofe or ttiis mortflage accrued or f~erea~fer accruing. ~n ~itness ~hereof~ t{~e said morlgngor I~ns I~e~punto signed and sealed Ihese presenls the cray ancr year firsf a6o~~e u~riffer~. Signecl. si•a~p~ anc~ ~~~in~recr in fhe prespnce of : ) / ~ ~ - - - - - • - ° ~ ~ I ~ ' - - - - - - - - . . - - ~ ; . - - - ~ - - ~ - - ~ . - - ~ ~ fILfD L1: '~?-•:~A~ED ~ A) ; S1.tUC~~ C~~~'iY flA. ,~V ; - ~ ~ - - - - - ~ .t...~.7•.'•~?. t~ ~ - . - r Ctf~~~..:,~:" ~CU~RT~- f . ~ RLCi~~i`Z .r~~J ~ 26'~982 ~ e 9 54 aM'z3 ~ ~ STATE OF FLORIDA, ~ ~ ~ coUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day~ before mq an ~ of[icer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgmenu, p~rsonally appearcd ARTHUR CARTER and THELMA CARTER, his wife, ~ to me known to tx the person S deuribed in and who eaecuted the forrqoing instrument and they acknowledged be(orc me :hat they cx~cuted the same. _ ~ \~'I1:'VESS my hand and o(ficial ual in thc County and State• last aforesaid this 2nd day o( : ~ November A. D. 19 3 - . _ • ~ - . . ~ . • ; ~,~=~t0'L ~,..,~~~n~,~, ~..~i. Z ~ : y tJ Notary P i, State of Florida ?a J. • ~ i~. ; y~' ; at Larg n ~ < - _ My Commission Expires: 12/20/76 ~ ~ : ` , ~ `,i_S~.~C.~~c:•_ . . - . • ; ~ • , - , _ • , ~ ~ - ~ , _ ~ ' 're~ ,~rod Eiy: 7%ru 1~~7ru~nr•~tl PreFun~rf hy: ? . ~o~'.~'_~. .~R , ~++orn~y ,>n ^ ~rs ~sdoral 8u~':i:ny ~ Ff. P~srce, Fiorfd• 33{SO ~9 ~ • ~it1~ ~ ~ ' ~4 - ~ _ . _ " s~ Y~