HomeMy WebLinkAbout1727 . .
t
, .
an~ sho~~ prr~orm, ~-ump~y u~ifti anc~ abic~e hy each an~ enery t~e ngreement~, atipu~alioru. :~-:s~ifioru ant~ ~
c~o~~enants Ihe?eoj, and oJ ll~is mortgage. Ihen this morfgage und Ihe estale hereby crented. shall canse, d~~
~ terminp anc~ 6e null and void. -
i
~in~ ftiw mortga~o~ hemhy ~iaftipr covenanfs anc~ aflrees to pay pro~npt~y u~hPn due f~e principul nnt~
intPrnst and ol{~er sums o( money prouide~ ~or in said nofe and t1~is morlgage, or eii~~er; to pny al~ nnet •
sin~ular the taxes, assessments, Ieviea, lia6ilities, o6[igntions, an~I encumbrancea o( every nnture on said pro- •
perty; to pprmil, commif or su~~er no wasfe, impriirmen! o~ c~elerioration o~ snic~ 1anc~ ot the improt~ententa ~
Ihe?~on at nny limp: to ~Fpp the builclings nou~ or 1~ere~(~er on snid land (ully insure~d in a aum oj ?~ot lesa
~l~~n $31,OOO.QO in fire and windstorm insurance
in a company or companies acc~ptab~e fo f~ee rreort~agee, i{~e po~icy or po~icies to be he~ ~y, a.ad poya6i~
to, saic~ mo~tgaqee, an~ in the eoent ony sum o~ money 6ecomes ~ya6[~ by virtue of suck insurance t~e t
rriortgagPp S~lQII ~Al~P Itie rig{?t to receive and apply ll~e same to the inde6lednesa here[~y svcured, ac~ounting ~
to 1{~p morlgapor ~or any ~u~plus; fo pay a~~ costs, charges, ancl eacpenses, inc~tujtng ~awyer~~ Jees ane~ til~~
sParclios. reasoria6ly incurrec~ or paid by fhe mortgagee 6ecause o( the ~ai~ure o~ the mortgugor to prompl~r
an~ (u~~y comp~y wil~ ttie apreements, stipu~ations, conditions nnd covenants o~ saia~ note an~ this ino?tgaga.
or eil{~er: fo per~orm, comply wit1~ nnd ubide 6y each nnd every fhe agreements, slipu~ations, cont~itioru artd
~oi~enants sef Jort{~ in said note an~ t~?ii morigage or either. ~n !~e event fhe mortgagor fai~.t to pay w~ea
c~ue nny tax, assessmenf, inswance premium or other sum o( money payab~ hq uirtctp of said no~e and tleis
mortgagp, or Pif~er, I~e mortgagee may pay Ihe same, iuifhout tuaiving or a~fecting the option to ~orec~ose
or any ofl~er rig~t Rerpunder, nnd QII st~ch pny~rtents sI~nII bear interesl /rom tlate t~sreoJ nt the ltighes! ~aw- ~
~~t~ rnte ll~cn al~ou~ed by /hp laws o~ l~te StafP o~ F~orida. ~
~
~
~E '
any sum o~ money herein rP(erre~ to be not prompt~y paid wif{~in 3 Q ~ays next n~teh
same ~?a~omes due, or i~ eac~ ancl eaery tl~e agreemenfs, slipulafions, rnnclifions anc~ covena?:ts o~ saic~ ~
note and ~6is mortpage, or either, are not ju~ly per~orneecl, eompliecl wi1F~ nnd ab~ded 6y, tFten the ertfire
sum menlioned in said notp, and tleis mortgage, or the entire balance unpaicl thereon. shall (ortl~witF? or '
~hpre+a(ter, o! tf~e -option oj t6e morlgag~e, bernme and 6e dtie and ~ya6l~, anyt~ing in said note t~? l~erein !
fo ftie conlrnry ~otu~ithsi~nding. Failure by the mortgagee to exercise nny o~ !tie rights or options herein +
pro~+i~e>cr sha~~ nof consfitute a u+aii~er o~ any rip~ts or options unc{er sai+rl note or fhis rrtorfAage acrn~ed o~ i
l~erpa~fcr accruing. ;
~n ~itness ~hereof ~ ' i
j ~ thP said mortqagor hns hereunto signed and sealed ti~ese preaenis t1?e
' ~ ~~ay anr~ y~ar (irst a6orp te~riffPn. ~
! i
j ~igne~. sep ~e?~+secl in ~?1P nfPSPI1fP o~: ,
. ~
' / ; ~ ~
, r=--. . _ _ . .l~ - _ . _ . - - _ - • .
.
,
~ ~~~-r.---v-_ ~ ~ c ( Cs~ LE ~ ~ ;
_ ~ j 4 _ . _ . . _ _ , . . . . . . _ .
,
,
; _ . _ . - . . _
! . ~ .
~ ;
~
,
~
STATE OF FL(1RIDA, '
cc~u:~~rv c~F St . Lucie ~ ~
I HEREBY C:ER"TIt'Y that on this day~ betore me, an i
;
of(ic~r dul~• authori~ed in t~~ Stat~ a(or~said and in the County aforesaid to tak~ acknowltdqmmts, penonally appeared ~
Isaiah Lucas and Helen M. Lucas, his wife ~
~ I
~
to me known to bc the prrson S deuribed in and who execuird the forrqoinQ instrument and !~:LIG a:knowkdqed (
before me that they cxfcut~d the same. ~
~~1"TNESS m}• hand and af(icial xal in thc Gountq and Stat~~ last afortsaid this 5th daY of
February a. n. i9 7~ -
, \~P,y
.
. .
. ~ .
2`7~~10 ~ _ _ ~ _
. .
_
_.-'t"":-Y~~-... -'--~J - - f
F3._~C : i: "ci.~JRDED , - ~ . `
ST. lU^;~ ~:•:•,NTY FLA. NOTARY PUBUC STA?E Q~flO~DlIfAT t~it~ ~
~ Rr a ~ti~tA'i MY COMMISSION EXP1iif~~SEP~. 7~~'l74~ . ~ '
StE~ K l~ ~(L'Rr Ya1DE~ fl111V F~~'s~1~,.~
_ ~
pE,.;,~~ , . _ _
_
FF~ 5 4 3s FN'~~ ~
~
` ;~_~'r'~ . ~ i
i
i
i ~
;
~ ao~ 223 p~ 1~27 `
;