HomeMy WebLinkAbout2087 and aleell per~orn:, rnmply with and a6ide 6y enc.l~ and ei~ery the agreements, ~llpulatlon's. conditioru and
coi~enants thereoj, and of thts mo~tgaqe, then t1~is mortgage and the eatate here6y crented, sl~al! ceass, d~- +
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iermi~e ond 6e n~~ll and twid. ~
771Na !he rnorfgaflor henlby ~u~lhe~ covennnta ancl agrees fo pay promptly wl~en due ths pri~clpal a?uI
infereal and ottier sumi o~ money provic~ed Jo~ in said note and tht, mo~tgage, or e~ther: to pay all anc~
stngu~a~ f~e fa.res, assessme?efs, ~evies, Iio6ilifies, ob~igafions, nnd encumbrances oj eve?y nature on aatd pro-
perly; to permif. cnmmit or suf~er no waste, impai~menf o~ deteriomlion oj :a~d bnd or f~e improaemenb
!he?ec~ al any Iime; ~O RPPp t?1P 6uildings now o~ l~erea/ter on ~ard 1aRd /ully insured in a sum o/ not leu
t~an
In a company or companies accepfable fo the motfgagee, the po~icy or po~icies fo be ?~e1d 6y, ond paynble
to, saic~ mo~lyagee, ane~ in !he Pc~ent a+~y suin oj ~noney becomes ~ya6l~ 6y virtue o~ such insurance tke
mortgagee shall huve Ihe rigl~! to receiuP ond apply 1he same !o tf~e inde6fedness here6y secured, acrounting
to t{~e mortgagor ~or any surplus: fo pay a~~ c~osts, cha~pes, and expenses, inc~uding ~nu~yer s ~ees and tit~e
seurchPS. ~pa:o?~a61y incurred or ~~d 6y ~hp mo~tgagee becnuse oJ tl~e Jailure o~ Ihe mortgagor to promptly
an~ ~ully comply wifti !he agreements, stipu~nfions, rnnditions anc~ covenanfs o( said note and l~is morlgage.
or either: to perjorm, comply u~ith nnd a6ide 6y each and ei~ery tF~e agreements, siipujatsons, rnnc~iltona and
covenants set /ortf~ in said note and this mortgage or either. In the even! the mortgagor ja~1s to pay when
due any tax, assessmenl, insu?ance premium or other sum o( monev paya6le by virtue ol sai~ note anc~ this
mortgage, or eit{ier, I~e mortgagee ??~ay ~y f~e same, without wniving or a~jerting t{~e oplion to (orec~ose
or any ot~er ri~~t F~erpuncl~r, and aII such payments s6aII bear intereat ~~oire date tl~ereo/ ut !he 1~ighest law-
fu~ rate Ihen alio~o~ by e)~p ~ou,s o/ fl~c~ Siate o~ FJori~a.
any sum o~ monpy herein re/erred to be not promptly paid wil?~in thltty days next aJter
t1~p samp bec-omes due, o~ i~ each and every t6e agreements, S~fp111a~tORS, conclitions and couenants o) saicl
note and (l~is morlgage, or either, are not ~ally performecl, comp~ied with ancl a6tded by, Iken Ihe enfire
sum meationed in said note.~ and this mortgage, or fhe enlire balnnce unpaid ihe?eon, shnll jorihwith or
fhereafter, af tl~~ opfiore o~ ttie mortgngee, become anc~ 6e due and paqa6le, anythiRg in snid nofe or ~erein
to llee conlrary notwilhstancling. Fnilure 6y tl~p mortgagee to exercise any oj 11~e ?igf~ts or options 6erein
proi~ic~ec~ sha~~ nof consfilutp n waiver o~ any righls or options under saicr note or ttiis mortgag¢ accrued or
t{~ereaJl~r nccruing. _
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n~~tness ~IK"~!~ i~~e saic~ mortgngor has hereunto signed nncl sea~ecr ftiese presents !~e
~ny an~ year Jirsl atioi~e ioriUen.
Signed, sea~e and li~~ recl in fhe senEp 6f :
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; STA?E OF FLORIDA, ~
i COUNITY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day, befote me, an
- officer du?y authorized in the Statc afor~said and in the County aforesaid to tak~ acknowkdgments~ personally appeared
ELMER F. DEAN and JE~AAi C. DEAN , hi s wif e,
to me known to tx the person S describ~d in and who ezccuted the for~going instrument and t~le~/ acknowkdged
i before me that they ~xecuted the sama
! ~YI7'\ESS my hand and oflicial seal in thc County and Statc last aforesaid this BTi~I~ day of ~
` February A• D• 19 74
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~E r_. Itotary h~bfic. Sbte of Flai~ ~t Luqe
_ Q . . ' ~ ' L.- Y LIEO ~ ~tr Con~:~a~ Ey~es Se~t. t6, riT5
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~ - St.lt~~r .~~N a~5 k,~ M M.:~.. rr. a c.R.+. a.
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This Instrument Was P?epared 8f?!
17ris Iru~r~n~r~-tr~ rf nrc•J h. P~~ 2O~i
P P y C. R. McDONhLD, JR., Attara~
Citisen~ F~dsr~l Buildln9
~~~l~fr~-ts H. Pi~ro~, Flo.id~ 33450