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HomeMy WebLinkAbout1402 nnd shall p~•?jo~m. i~omplv ioi~h and a6i.le by each and e~~ery il~e agreemi~nts. slipulalioris. conJitions and fOVPI1q~1~5 1~1P!('Ar. 1111(~ O~ ~~113 RIOf~Q(lf~P. ~'IPII (~IS mortga{IP an~ ~~P PS~Q~P herndy CIPQ~~. S~IQ~~ CPASP. ae- j t ~PIII1111P A~I~ ~lP 1111~~ Q/I(~ l'UI(~. y~ 7 ~n~ f~~r morfgnpor ~~er~~~~y jurl~~er cov~•nanfs an~ ag?ees to pay prompl~y u~{~en e~ue f{~e principa~ and ~ inlernsl anc~ of~ier s~uns oj money prot~i~~eKl jor in saic~ note anc~ f~is mortgage. or either, to pay a~~ and j I~i~i~ s liabilities, obli~~alions. and encum6~ances o~ every nalure on said pro- } sin~u~ar f~~n faxvs, assi~ssnti~nts, ~ . perly: fo permit, commil o~ suj~er no ivasle, impairmenf or ~elerioralion o~ sai~ ~nnd or fhe impwvemenls llu~mcn ~1 ~ny tim~•: Io ~r~ep IhP buildin~~s noto o~ her~a~t~~ on said lanrl ~ul~y insttretl in a sum o~ nof le~s : tl~nn full insurable value ; in n ~'ompnny o~ i•ompani~~c ~cc~pla~~~e fo 1{~e mo~t~af/e~. t~~e poliry or po~icies to ~~e h~ld by. nne~ paya~ ' to, snic~ morfga,yr~~. an~~ in f~~~ et~~nl m~y sum o( mon~y ~ecomes PQV~I6IQ ~y virfue o~ such ~nsurance the ~ t morlflay~P shall {~ai~~ tlie ri~ht fo r~c•eine and applY fl~e snme to the inde6tedness hereby secured, accounting ; ~ fo fE~~ morfc~a{~or (or any s~up~us; fo pay a~~ cosfs, c~~arges, anel expenses~ inc~uc~ing ~awypr~s ~ees anc~ fit~e i ~ i : t searcl~es, r~asonal,~y inc~~rrni~ or pai~ f~y I~ie mortgagee f)PCQUSP of the ~ai~ure o~ !he morfgaflor to prompt~y ane~ ~u~~y romp~y inil~~ tl~e ac~~c>emenis, slipulalions, conrlilions an~ covenants o~ saic~ nofe anc~ ihis morfgage. ~ or eif~ier: lo pPrjorm, comply u~itl~ anc~ af~i~e 6y earh and ei~ery f{~p agreemenfs, stipu~ations, conditions ancr ~ cor~nants sef ~orl~~ in sni~ nut~ ~n~ t{?is morfpage or eiltier. ~n tlie c~vent ihe morfgagor Jai~s fo pay u~hen f due any fax, assessmenf, insumnrp prnmium or ofF~er sum oj mo?~ey ~ya6[p 6y i~irlue o~ sai~ nole and fhis ~ mortga~~. or eil~~~r. f~~~ marfgac~p~ may p~y 1{~e same, wilhou! waiving or a~~ecting Ihe opfion to ~orec~ose or anv oll~er ri~~I~f I~~?~un~1~~, nnd a~l sncl~ paymenfs shall ~)Pa~ IR~P~P3I ~rom clate t{~ereo~ at tl~e 6ic~tiesl ~a~v- ' (ul rate then allou~ed 6y tl~~ la~rs of 11~~ Sfalp o~ Florida. ~ ~l any sum oj mon~~y ~ivrpin re(~rr~cl io ~,e not prompt~y pai~ wifhin thirty clays next ujter 1~ie samr {u~i-om~s c~u~, or i~ eac~i an~~ ei~ery 1'~~ a~~reem~nts, stipu~afions, conc~ilions an~~ covenanls oJ saic~ note ~n~~ f~~is morlryn,yi•, or ~if~ier, nre nol JuIIy per~orntecr, comp~iet~ wilh artc~ ahic~et~ ~y, t~en ihe entire sum mention~~l in said note. and tl~is mort~age, or tl~e entire ba~ance unpaid tf~ereon, shal~ forthiuitl~ or ~i ttierea(ter. al f~~~ opfion o~ 1~ie morl,ryag~~, f>ecom~ an~ be c~ue and Paya6le, anyftiin{~ in sai~ note or tierein ~ to t~~~ contrnry nohi~it~~starttliny. I'ailur~ ~iy f~~~ mori~ageP fo exercise any oj itie rit~~ts or options herein prorit~iY~ c~~~~[ nof i-onsiitul~ ~ u~nit~~~r o( m~y ric~~~ls or oplions unc~er sai~ nofA or this morfgage ACCflIPd or ~ t~~~r~•~ f f~r ori-ruiiic~. ; i ~n ~iitness ~hereof~ ~~IP SQI(I mortcjn,yor I~(IS ~IPMUII~O SIq/1P~ Q/l~ SPQIP~ ~hPSP presenls fhe - ~ay an~~ y~~ar jirsl ~~~?ori• ~rrifien. Sit~n~ P P a c ~~r l n Ih~• /)~PTPlICP o~: ' + . . . ~ . . ~ . _ a ace S ~ Thrasher~ • ~ - - - - ...._~,~c~.t... ' ~ - . . ~ . , ~ ; ~ - - - - - ` _ - - . - - . ~ i STATE OF FLORIDA, ~ ~ ccn-~z~v c}F St. Lucie ' I}iEREBY CERTIFY that on this day, before me, an offi~~r dul} authori~Fd in the Stat~ aforesaid and in the County afor~•said to tal~ acknowledqmrnu~ p~rsonally app~ared ~ t Wallace S. Thrasher ~ _ ` to m~• kno~n to IN th~• p•rson drscribed in and w•ho eaecutrd the (orrqoinG instrum~nt and he acknowl~dge~{'° . ~...u~ :3~~• ~ s. I befor~~ in~~ that Y1e ~c~~uted the same. . j~C.~•+j~'h~ r%;t~ } i / ~J f'G'-'' d,i.~!t s l~'ll \ESS nn• hand and official scal in thr County and Stat~• last aforcsaid this , . k•~~~` ~ PIPY'll D. 19 74 . ~ - : ti~~_ . . - ~ : f'}' g ~ ~ ` t ~ S / ~ : ~ I ~-'~,r~L. ? t ~ ~(,z j,~: J = -~n : ~ - ~ ~ - ' NOTARY P~JBLIC, St~e• -ant~~~pu~ptY, as aforesaid ` i My Commission Expin~~,; r~ ~~~~~titiliti~~~~ T' I ~ , i , ~ i 1' I ~ ~ t %ln.~ I~rcmi~n~•~r~ f~rcp~rr~•J ly: ` Q A-`/~j~ _ T1,' r,~'...-.-.-,1 , n R~/ VoQ11 MFr~ PNV[ 1401 ~ .'~1/1//[~1f 111~~ ~u...... _..l . r' ~ ~_i:i Y~ . ~ , . • _ - - 2;,.~ c~ - t..._.,~.: . • ' Fn-F y, . , .!t 1 "t?~ ~ . - --*'w _ . . _ _ . ~ ' . _ _ . . . . . ~S_. . _