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HomeMy WebLinkAbout1553 ~ - • an~ sha~~ per(orm, comp~y wifi~ a~d a6~ds br .~6 and~.~~e.y t~• agroein~nls, sdpu~nnons. conditiont and conenants tl~ereof, and oJ thts mo?t9a~e, tl~en ttiia mo?tgaAe nnd tl~e estnte h~br created, i{~nll cenio. d~- lermene and be nuU and iwid. ~IIU ttip morlga~o~ hen+6y jwthe~ eovenanls and agrees to par promplly wben due the prtncipc~l and interes! and oll~er su?ns o~ money provided (or in sui~ nota a?ut fl~b morfgags, or etther to pay oU and stngu~ar f~e tarps, assessme~fa, ~euiea, ~iabi~ilies, ob~ignttor~t, and encumbrnnc~s oj every nafure on taid pro- perly; fo permit. commit or suj(er no u~aste, impairment or c~eteriornflon o~ satd ~anc~ or the tmprovemenls I fherecn af any fime; to he~ep the 6uildi~gs now or tierPU~ter on said land ju~~y Insured tn o sum of ~ot ~ess f~~ than ~J F - - en n compnny dF~ ~ nies ac~cepta6le io the •mortgngee, fhe poltcy or poliries to be held 6y, and papa6le to, sai~ morlgagee, ane~ in f~e ei~ent any swn o~ money bec~omes paynoie oy viriue o( sw.:~ insurance I mortgagee sl~all haue tl~e right to rnceive and apply t6e same to Ihe inde6tedness bere6y secured, aceounting to f{~e mortgagw ~or any surp~us: to pay a~~ rnsts, charges, and expenses, inc~udtng ~awyer s Jeea and title . ' SeAM~P3, reasona~~y incurred or paid by the mortgagee because oJ t~e ~ni~ure o~ lhe mo?fgago~ to prompi~y and f u~~y comp~y wil~ t~e ugree~nents, sfipu~atioru, conc~itions nntl rnvennnts oj said note and Il~is mortgage, o? either: ~o per(orm, comply wifh and n6ide 6y each and eaery ihe agresments, stipulations, eonditions and covenants aet ~orf~ in snic~ note and t~is morlgage or eit~er. ~n the enent I~e mortgagor (ails to pay when due any tax, assessm~nt, insurance premium or otl~er sum oJ rnoney pa~+a6le 6y virtue oj said note and tl~is morlgage, or either, the mwfgagee muy pay t~e same, wit~out waiving or a~(ecting ftie option to ~orec~ose o~ any other rig~t I~erpuncler, nnd ull sucl~ paymenb shall 6ear interest jrorn dnte thereoj at tl~e I~igF~est law- (ul rale t1~e~ allowed 6y 1hp Iows o/ the Stale o~ Florida. , 7l any sum of mo~~ey ~erein re~erred lo be not promplly paid wilhin 3 ~ c~ays nexf n(te~ i the same becomes due, or ij eaclt and enery ll~e agreements, slipu~otions. conditions antr rnvenants oj said ~ note and this mort~age, or eitl~er, u~e nol /ully perJormed, c~omplied wit6 and a6~ded 6y, tF~en lhe enfire sum menlioned in said note, and this mortgage, or the entire balance unpaid thereon, shnll fort6witl~ o~ lF~ereajter, at the oplion o/ t/~e mortgagee. 6ecome nnd 6e due and paya6le, nnything in snid. note or I~erein !o Ihe con[rary notwitl~standing. Failure 6y tF~e mortgogee to exerrise uny o( t~e rig~ts or optioru herein providec! s~a~~ not constilute a waii~er o~ any rig~fs or opfions under sni~ note or f~is mortgage nccrued or t~ereajter accruing. ~n ~~lll~ ~1`~~~~ ttie saic~ mortgagor tias ~ereunfo signe~ nnc~ sea~e~ ltiese presenfs the c~ay an~ year Jirsf a6ore u~riNen. Signe~l, sealed and deli~~e in ehe presence oj: -y1ri~ - - - - ~ Frederick H. Ritter, Trustee , ~ ~ ~ - - - - - E ' ~ - - ~ . . ~ _ . STATE OF FLORIDA, ~ CoU:v~rx oF ST. LUCIE ~ I HEREBY CERTIFY that on this day, before me~ an ` oificer duly authori:cd in the State ~foresaid and in the County aforesaid to wk~ ackaowledgm~nts~ p~nonally appeared FREDERICK H. RITTER, Trustee, to me krwwn to be ihe p~non described in and who ez~cuted the forcgoing instrument and he actnowkdged before me that ;,,;y~le cxccuted the same. .1K171~iE3S`,,~~' hard and official seal in the County aod Sate last afo~esaid thu 30 day ot ;.N~,?aa~.,.,,~ ~ No~~ b. ~9 7 3 . ~ .;j:. 4'rf',-~' . - _ • . ; . ~ - ~ , . 's' . f- ~ J . t ~ ' , ~ ~ - ' 7 t~ r "t . - v' .._._-l_.4-.~. 7 - - - - ' ~ ~ otary Public `~a_~~~'Y"~J~L~ / ` ~1 AU B~. ~ G:~D~.a~r, v My commission expires : T Z / ~ ~ :~w ~ ~ / ~,,-j ~ ~ , ~ ; ~~2~i ~1~~3 ~ i !%is Luirr~,n~~rt p,rpnrrd 1 y: John M. Martyn , E squ i te ' ~ Ad~lrrssDAVERSA AND MARTYN 393 Te uesta Drive Te uesta Florida 3345 ~ > . 9 , q . ~ . _ _ _