HomeMy WebLinkAbout1253 anc~ sha~~ per~urm, comp~y u~ifh an~ abicre 6y ench and ei~ery f~e agreemants, stipublio?ii, rnndittau and
corenants the~eo/. and oJ this mortgaAe, t1~en thia mortgage and !he eatnte hereby creaied, :f~nll ceaaA, d~-
termine and be null and aojd.
~ the mortgaflor henr6y ~urlhe~ covenonts and agrees to pay promptly when due tl~e p?Incipal and
interea! a~d ofhe~ sums o~ money provi~ec! ~or in saic~ note and lhii mortgage. or eifher; to pny a~~ cnd
singu~a~ fl~e ta.res, assessments, ~evies, ~ta6i~ilies, ob~igations, and encumbrnnces o~ every noture on tnid pro- ~
perty; to permit, commif o~ su~fer no waste, impnirmeat or deterio?ntion of sai~! [and or ftie Intprovemenb ~
fherecn at any lime: to ~PPP I~P 6uildings now or herea~ler on ~aid land jully insiued tn a sum oj nol leu `
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in a rompany o~ companies accQpfab~e fo I~e morfgapee. !he po~tcy o~ po~icies lo be heW 6y, and ~xiya6[~ ~
to, said mortgagee, and in fhe event any sum oj money 6ecom~s ~ya6l~ 6y virtue o( suck Insurance tl~e
morlgagee shall hai~e. the right to receive and aPpiy ~he sw?~e ~o el~e ~nde6ledness hereby secwed, nccounting ~
fo ihe mortga~or Jor any surplus; to pny a~~ cosfs, chnrges, and expenses, inc~uding ~nwyers ~ees and itt~e ~
~ searches, rensona6ly incurred or na~d by ehe mortga9ee 6ecause oJ the (nilure o/ ihe morigagor to promptly ~
and ju~~y comp~y wifti f~e agreements, stipu~ations, con~itions and eovenanfs oJ said note and this mortgage,
or eitl~er; lo perjo.m, comply u~ith and n6ic~e by eacl~ and euery !he agreemenls, stipulations, conditions nnd
couenanls sef ~ortti in saic~ nofe anc~ f~is mortgage or eilher. /n the euent Ihe morlgagor ~ai~s to pny w{~en
due any tax, assessment, insurance premium or othe~ sum o/ money paya6le 6y virtue oj said note nnd this
morfgage. or either, fhp morfgagee may pay the same, without wniving or a~Jecting t~e opfion fo lorec~ose
or any olher rigF~l hereunder, a~d aII such pnymonts s1~aII bear intprest jrom dale lhereof at If~e highest ~nw-
~uI rate Ihen nllowed by t{~e laws oJ fhe State o~ Florida.
~l any sum o~ mo~~ey I~erei?t re'PRBd IO be not prompl~y paid within thirty days next a(ter
tl~e sume becomes due, or ij each and enery fhe agreements, stipulations, condilions and covenants o~ saic~
~ote and tl~is tnortga~e, or pither, are not /ully performed, complied witl~ nnd abided 6y, then fhe entire
sum menlioned in said note, and tl~is mort9oge, o~ t6e entire 6alnnce unpaid thereon, si~all (orlhwith or
Iheren(ter, at the opfion o) t{~e mortgagee. 6ecome anc~ be c~ue and pnya6le, anyt~ing in said note w ~eerein
to f~e contmry notu~ithstanrling. Failurp 6y t{~e mortgagee to exercise any of t~e rig~ifs or opfions herein
proi~id~1 stia~~ nof conslifut~ n u~aii~er oj any rig~fs or options uncjer saic~ note or t~is mortgage nccru~ or
t{~ereajt~r acc?uinc~.
~n ~itness ~~~Ol~ the said mortgagor has hereunto signed ana sealed these presenls the
cray anc~ year ~irs! abone toriffere.
Signed sealed and d i~~erecl ' 11~e pr~s e of :
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STATE OF FLORIDA, ~
~ COliNTY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day,• be(orc me, an
~ officer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, pcrsonally appeared
RICHARD F. KAINE and DALE R. KAINE, his wife,
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to me known to b~ the persons described in and who eaecuted the foregoinq instrument and they acknowledged
c before me that theycxecuted the same. ~f
~YI7:\ESS my hand and of(icial seal in thc County and Statc last aforesaid this day of
~ December 73
A. D. 19
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~y~ RG GU~ f`~ NOTARY PUBUC STATE Of Ft -~~'~~"~„~"j'~•~I~~~~~~ .-j .
= ~ fllE~~~~ ~01.K~y ( ~ COMMISSION EXPIR~S ~~1n1. :
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COURT ~'~I QENERI~L t1~LSURANCE UND~~97~' • • ~ . -
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llt~l~R'JS C. R. lAcC~?~AtD. JR., Attw~sy ,
Citicens foc~era) C.~Id~cq , ,
~ „ Fi. Pi~ree, fl~-ide 33450 - V- -
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