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HomeMy WebLinkAbout1130 nn~l sh~ll per~orm, comp~y ~oith ant~ abi~~e 6y earh ancl erery tlte agreements, slipu~ations, rnnditions and co~~enm~ts ~{ie~eo(, ant~ o~ Il~is mort~as~e. Ihen Il~is morigage and t{~p estnte I~ereby createcr, sha~~ cease, tle- lermine ant~ ~~e nu~~ ~nt~ ~~ui~~. ~nd 1{~P morfgar~o~ ~~e~~~tiy f u~fhe~ coi~enanfs and agrees !o pay promplly when clue !he principal and internsl anc~ ul~i~r sums oj money proi~i~Iecl for in saic~ nofe and fhis morfgafle, or eifher; to pay a~~ and sin~u~ar t{~e fax~s, ass~ssmi>nts, ~enies, ~in~ii~ili~s, oti~i~afion~, an~ encum~ranres oJ e~e?y nalure on said pro- perfy: fo pPrmil, comrnif or su~je~ r~o u~asl~, impairment or ~eteriomtion of saic~ ~and or the improvement~ l~i~r+eN~n al m~y lime: fo ~PP~ I~P tiui~~~in{?s nou, or ~~e?ra(ler on caic~ ~ancr (u~~y insuretj in a stim o~ ~o! ~ess fhan full insurable val~~e in a~-omp~ny or ~om~ni~•s ACCP~IA ) P to the mortgagee, !~e policy or policies fo be held by, and paya6le fo, snid morlUnc~PP, and in Ih~ event any sum oJ money 6ecomes ~ya6l~ 6y virlue o~ suclt insurance fF~e mort~af~ee shaU ha~~~• tF~~ ~ic~ht ~o r~<~eii~~ and apply ihe same to 1he inde6tedness hereby secured, acc~ounting fo 1~~e morlc~a~or ~or nnv curp~ns: (o pay a~~ costs, C~IQ/{]PS, anc~ expenses, inclucling ~awyers jees a~~ tif~e searc{~~s, rPasonah~y in~urrc~ or pai~ hy t{~~ morfga~ee hecause oj fhe ~ai~ure o~ Ihp morfgagor lo prompt~y ane~ JuIIy comply u~il~~ fiie a~reemeuts, stipulalions, conc~ifions ane~ coi~enanls o~ sai~ note an~ 1{~is mortgage. or ei11~~r; fo perJorm, i•omply u~ilh and abide 6y each nnd ei~ery the agreements, stipulations, conditions antl coi~~nanfs set forlh in said nofe and Ihis mo?tgage or eifher. In t{~e pvent tf~e morigagor )ai~.s to pay u~~en tlue any ta.r, assessment, ir~surmue premium or olhe~ sum o~ money pay~6le by virfue o( sai~ nole anc~ t~is mortc~agP, or ~~il~~er, t~~p morf~agee may pay t~e sam~, ee~ithoul waivin~ or a(Je~cting the opfiort to jorec~ose or any ol{ier ric~l~t h~rnw~~ler, and a1I such payments shall 6ear interpst ~rom date ihereo) at Ihe hig{~est law- ~uI mfe 1~~en a~~otvec~ ~~y f~~~ ~au~s o~ f{iP StafP o~ F~ori~a. D` any sum oJ mun~y ~~e?ei~~ re~erretl to ~~e not prompl~y pai~ wit~in 30 c~ays next aJfer Il~e same I~P~•om~s due, or i~ each nnd enpry 1{~e agrpemPnls. slipulntions. conditions and co~~ennnts of said note and this mo?fga~~~, or eilher, are nol (ully performed, compliec~ wit1~ and a6~dpd 6y. thp.? the enfire sum menlionpd in said note, and this mortflag~, or IhP entire ba~ance unpaic~ tf~ereon, s6al~ ~ord~u.ilh or IhereaJfer, at th~ oplion o~ f~e mortgng~P. ~ecome ana ~ue anc~ papab~e, anyt{~ing in saicl note or hPrein fo I~e co?ifrary nofu~il~~slan~ireg. f'ai~ure E~y I~e morlgagPp lo pxercise any o~ t~e ri,qhts or oplions herein prori~Iecl s~~a~~ nol cunsfilule n~oai~~~r o~ an~ riyhis or oplions und~r Sqt~ /IOIP or ttiis mortgage accruei~ or ~'IPfPa~~('~ (Iff~Ut/1/~. ~n ~Uitness ~~G"o`~ ~'IP SQl~ mortyagor lIQS,'IPlPIII1~0 signptl an~I st~alB~ ~~iese presenis ~~P tlay anc~ y~Kir ~irsf aE~o~~p irril/en. Signe~(.~ s~o~~c~ an~ t~e~i~~~r~c~ 'n rc~s~nc / , ~ 1 ~ - - G - - - - - ~ - - ~ - ~ Cecil Carl Lane ~ - - ~ - - - - ~ , . - ~ - - . ~-t~ . _ . - - - . E len Marie Lane - . . _ . _ - - _ . - - ~ ~ STATE UF FLORIBA, ~ COl'~TY (1F ST . LUCIE . I}1EREBY CERTIFY that on this day, before rtu, an offirer cluly authori:ed in the Stat~ a(or~uid and in the County afon•said to tak~ acknowledqmenu, penonally appearcd CECIL CARL LANE and ELLEN MARIE LANE, his wife, to m~• knaNn to ~ the prrson g descriFxd in and who eaecuted the tore¢oi~q instrument and they acknowledged b~(or~- m: that they caccuted the same. ~~"Il~`ESS my hand and of(icial seal in th~• (:ounty and Stat~• last aforesaid this 30th day o( January D. 14 74. ! ~ C ~ ~ . S:'`<,, Notary B'u c, State of ~ Flor~ida a • - ~ ; , Large / 1„,,Y Mp Commission E][() ires . ~ 7~O ~ 1» ~ ~ I ? "r ~ J _ _r l ; : i..~- , ~ ~ ~-G'~ ~ . . ;r~o~- ' : ~ "r.'i~ iIIED ~~c, :v,Ei,JR0E0 ~ St.L~CtE CL•UNTT fl~. ` P.OC c 'r 3!?H AS c~Eax ;.~:~c~rT couaT a~cor:, vE= . 31 9 4i AH'1~1 %l?~s Inclnin~r•»~ prcFc~r«~ hy: - 2'736~3 TH1S INSIRi;~lFt~T Ir,;~ ; r,";-k,p 3Y: SPENCER B. GILBERf, A~;~.,;ey at ~a~v ~D t$E,CQND SIkEEf ~ Fl, PIikCE. FLA. ~i1t~t? ~OGK Pa~,f ~~30 'i . ~