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HomeMy WebLinkAbout2087 un~ sliall pcrjorm, comply u~il{~ and abic~s 6y racl~ ana e+•rry Il~e agreen~enb, stipu~atioris. conditions nnd conenants Ihereo~, and o( tl~is morigaNp. ~~p~ ~tiu ~tqagr a~d t1~e estate h~.p6y crentecr. sha~~ cenae, de- fprmine arul Ix~ nu~~ ancr roi~. ~ ]U1111hp mort~agw {~en~br (ur10~e~ coi~anls and agires to poy proenptlr when dw fl~e principal n~d ~ inferrsl and o1RPr sums o~ money prorided ~or ~n soid nofe ard ftiis e+wtgaAe. or e~~tiK: to pay a~~ anc~ singular the faxps. assessments, ~e~~ies. lia6ililies. o6ligations. and encum6rnnces oI ere~7? natw~e on aaid pw. pe?fy: to permif, commit or su(jer no wasle. ienpnirmenf or deterioratio~ o~ snid ~and or fhe improve~nenb ~ f{~prncn at any IimP; fo krpp thp buildings nou~ or 6erea(ter on snid ~ancl ~u~~7 ~nsu+rcj ~n n sum oJ not less Ihan NIAXIM[~! INSURABLE VAI.US in a company or companies nccrpta6~e !o ftie eno~fgagee. tht po~ic'y o? policies to 6e ~e~ by, ant~ payab~e to, saic~ mortgage~e. anc~ in Ilte ei~ent an~ aum o( +nonef 6MO~ ~~ble br ~'~?~ue o~ such in~w°^cs Ihe mortgagee sha~~ tiane the ~igtif to recPirt nnd appl~r ~l~e wme to tl~e~ indebtedness hen6y secured, nccountin9 lo ftie mortga~or (or any swp~us: to pay n~~ rnsts. chnrges. nnd eY~erues. i~~uaing ~awyer s ~ees nnd fil~e searches. rensonnbly incume~ or ~~d br ~i~~ morlgugae ~cnuse o~ the ~ni~~ur oj !/~e ~nortgagor to prompt~y ane~ jully comply with the agreements, stipu~ations. c~w~difions u?u~ c~os*e+wnts oJ snid note ond this mortgnge. or eif~er: to per~orm. ~Ply w~tf~ ~d a6~de 6r ~h w~d erery t/~e o9~een~ents• stipulntions, conditio?~t anc~ coi~enants set Jorth in said note and !{~is morlgoge or eill~er- In tlie event the rno?igagor ~ailt 1o Pa7? u~hen due any tax, assessment, insurance prpmiu+n or o~1~er swn oI 'no"e7? P°)"°6Ia' 6y ~•irtue oj said note and tl~is mortgage. o~ eif~er. ihe morfgagee mey pay Itie seme. uril~out uwining w ajJecti~g ttie optiort to ~o~c~ose or any other right hereuncler, and al! sucl~ paymenb sl~nll 6ens inte?e~t ~ro~n date thereo( at the 1~igkest law- (u~ rale tlten a~~owet~ by f{~e ~au?s of 1{~e State o~ Fto.~da_ ~L any sum o~ money {~~ein re(e~red lo be no! Pro~A~~l? P~ 4'~t~?in thirty days nexi alter the same becomes due, or i~ eacli and ei~ 16t agn~ements. stipulutions. e~wulitions nnd corenants o( sait~ nofe and this moriqage. or eitl~er, are r+ot f ull~ per(ormed. c~onip~ied witk nnd o6~ded 6y. 1{~en the entire sum mentioned in said note, and t6is mortgage. or t6e entire ba~ance unPaid t6erron. shaQ jort6wtth or tl~ereaf ter, at the option of ihe mortgngee. 6erome and be due and paro6le, an~t~ing in said note w 1?erein to t~e c'ontmry nofu~il~sfanc~ing. Fai~ure 6y il~e mortgagee to exencist ~anX o~ t~e rig~fs or options ~erein proi~icled shall not consfitute a u~nic~er o( anp righfs or opiions under wid nott or t~is mortgage accruec~ or therea(tPr accruing. " . ~n ~ 1{~e said moHga_qor tias hereunfo signe~ ancr sPa~ t{~ese preser~ts t~e ~ay an~ year ji?st atiore u+riflen. , Signed. ~e Ied nnd ii~ered in~ presence o(: ~ ) . ' - - ------C - _ - - ` - ~ - - - Theo C. Vasser ' ' y, ~ 'V C J " _ I " ' . . ~.L I i! " " I ~ ~ . - ~ .c.c'1ii~..~i . ~ ' _ Edna E. Vasser ~ ~ - - - - - , _ . ~ ~ ~ a ~ ~ ~ ~ ~ ~ ~ STATE OF FLORID4, ~ COL'\TY OF ST . LUCIE ~ ~ i}{EREBY CERTIFY thac oo this day. btiore mt. an ~ officer duh- authorind in the St~t~ aforrsaid and in thr Count} aforesaid to takr acknowlcdRn+ents, P~rsonallY aPP~~~ ~ THEO C. VASSER and IDNA E. VASSER, his wife, ~ to me known to br the personS drscn"bed in and who exccuted the forrqoin[ insuuenent and ~1eI7 acknow{edged ~ ixForc me that they ~xK~~~ the same. ~ ~ ~t ~ N I7~NESS m~• hand and c~fficul seal in th~ Cou~~t~ and Sutr fut aforesaid this ~ ~ e. i 7:•~~Y ` ~ April~ A. D. 19 74. . ~ _ _ , ~ C _ . - ' ~ ' ' 'j . .r-'~ ~ - - - = - . . =~n - Notary Public - Sta~e' o~ida'` at Large. 7s,' ' : = My Commission Expire~,;~• ~ 7~ ` ~ . . ~I~~~jl~illi~~'t: . ;v.'~~'. . , ' - • a~~ ' i F{lED AM:. 4EG3fliE9 si_~.UCI!- _OUMTY Fll~ ~ ~ - F~JGc: ~~,i~A~S _ ~ ~ CIE~A ~CW i LOUfIT AE[~~R~ ~='~fiFOr f~=~ Ar~ I5 2 i4 PN'~a ~y:== l7~u I~rs~,r~nr~-,rr p,rpv,r~~ Fy: ~~Of~~ _ ~i ~ ~ A~Idaxs ~ 28Q5'71 ! _ _ - - - - - . ; ~ ~ ~ ~~.~ry ' " ~7~:~~J