HomeMy WebLinkAbout0884 and s)inll per/orrn, co??~plq ~citl~ u?ul al~ide 1,~~ ~•ncli u~~d uoery N~e u~;rcciucvUs. .s~ipululioiu, e•on~litio?u an~l
couenants d~erco/, and o% N~is tnort~;u~;e, tl~c~~ tl~is in~~rt~a~;~~ u~uJ tl~r ~~sfutc~ herehi~ crcuted, s11u11 cease, de-
te?mirie and bc null a~u! coicL ~
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~ the morigatior l~ereby further coue?iunts a~u/ agrces to ~wy J~rompN~ ~cl~er? tlue tl~e ~rincipal arul -
interest arul other suuis of money proufded for in said rwte arut ~his i~iort~;age, or eitl~er; fo pay all aul
sirtgular the taxes, assessme~~ts, leoies, liabilities, oLli~;atio~~.s, and encumLrances of eoery nature on said projr
e?t~; to per?nit, con~u~it o? su8er no uasfe, i»~~irment or deterioratiors of saicl la~ul or the imNrooements
tliereon at any time; to keep the huildin~;s now or hereo/ter on sai~l laral /ully i~Ln~red in a st~m of not less
than
in a compan~ or comjx~nies acceJ~tublc to t1~e mort~a~ee, the ~wlicy or ~~olicies to be licld ln/, and payable
to> saKl mortga~ee. mid fn tlie euent any sY~n~ oj r»o~iey beconies ~wi/al~le 6~/ vir~t~e of sucl~ i?~.surance the
mortgagee shall have N~e ri~ht to recei~;e and n~~ply the san~e to the inrleGted~iess here~J secured, accounting
to the mortgohor jo? any sur~~lus; to pay all costs, charges, mul expenses, incltrding laicyer's fees and title
searcl~es, reasonably incurrecl or ~wicl by the mort~;agee l~ecause o~ the failure of the ;~~ortga~;or to promptTy
and fully cwnply ~cith the o~;reemerits. sti~n~latioru, corulitions ancl couenar~ts of said rwte anrl this mortgage,
or eitlier, to per/orm, complt/ uith a?ul abide b~/ euch nnc~ euery N~e agreements, stij~ulations, conditioru and
covenanfs set forth in said note ancl this mort~;age or eiN~er. ln the eoent tlie martgngor fails to ~~ny u1~en
clue an~ tax, assessrnent. iruYirance pre?ni~~m or other surn o/ monea ~wyoblc by virtue of said note arul this
mortgage, or either, ihe mortgagee may ~wf t1~e same, u;ithout icaiuin~; or agecling f1~e opfion to foreclose
or any otl?er right 1~ereuruler, arul oll st~ch Jwyments sliall bear interest frorn date thereof at ihe hi~l~est la~~-
ful ra~e then nllou;ed by tl~e lau;s o~ the State of Florida.
anr/ se~m o/ morsey herein rejerred to be not ~uomptly ~wid iciN~in thirty days next after
the sume becomes due, or i~ each and evenJ the agreen~ents, stipulatio~~.s, corutitions aut couenants of saetl
note arul this mort~;a~;e> or eiNier, are not fully performed, complied icith arul abeded by, then ihe entire
st~m menlioned ir~ said ?wte, arul t1~is mort~age, or the entire Galunce unlwul thereon, shail forthwitl~ or
tl~ereafter, at tl~e option o/ tiie mortgabee, become a?id Ge de~e and ~wyaGle, a~i~l~ing in saicl note or 1~erein
to the c.ontran/ not~cithstm~dine. Failure l~y the mort~;a~;ee to exercise any oj the ri~hfs or options herein
prouuled sliall not constihde a teuiver of an~ ri~hts or optio~~.s t~ruler said note or this mortgage accruecl or
thera~tcr occruing.
~n ~itness ~hereof~ die said mortga~;or has hereunto si~;ned and sealed fhese presents the
day arul year first abooe ~critten.
Signed, sca ancl ~~eliuered in ihe preserice o~:
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~ STATE OF FLORIDA, 4
~ CoUh'n' oF St. Lucie ~ :
1 HEREBY CERTiFY that on this day, before me, an ~
aH'icer d~d)' autM~rized in the State afon~said ancl in the Cw~unty afaresaid to take arkru>.~•ledgments, perwnally appeared
George M. Leary and Marq L. Condon
~ to un~ k~a~~cn k~ I~~ tlw~ {x•rv~u 9d~~•rilx•d in an~) ~~Iw~ i•~~rut~•~I tIN• fun•Luin~ imtrumi~nt aud they ack~w~~-1eclKtrl .
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Ix~fun• ~ix- th.~t they i•~~ti~~d~•~1 dr• ..uue~. • i
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~ ~~'1"1'XI':titi m)~ h:mil :tnd ~~Iliiial u:d in thi• Guinh an~l tit:d~• I:t.t :d~~n•>vd thic 218t. 3~~ { f
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Nov., .a. i~. i~, 73 x_~. f.; s-',:>-
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- § T ; ~ ~ ~ - , ~ ~ AIY tO~A~AtSSlON tlti1R~3 ArR. -1~; i1'l! ~
° , ~ ~ONDED tHRti GeNEG11NSURANtE U~
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