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HomeMy WebLinkAbout2590 and s{~all perjorm, comply u~ilh and a6ide by encl~ and erery t6e agreements, stipulations, conditions and co~~enanls tl?ervo(. and o( thi~ mo?tgaee, t1~Qn 11~is mwtgage an~I fhe eafate hereby c?eated, shall cease, de- Ierm~ne and 6e null and uoid. Ii1Ni f{~P mortgogor tien+hy f urttie? covenants ane~ ngrees fo pay prompf~y u~l~en due fhe principa~ and internsl ant~ olker sums o~ money provtdvd jo? tn anid nole an~ fhis morlgage, or eiftier; fo pny al~ nnd sinpu~ar f~e tnxe~, assessments, ~evios. ~inbi~ilies, ob~tgationa, nnd encum6rances o( ei~ery nafure on said pro- pe?ly: fo permif, commit o~ su(~er no waate, impairment or dete~towtton o~ said ~and or fhe improvemenls thereon at any time: to ~epp fl~e 6uilding• now or he~wujter on tnid land Jully ins~ered in a sum oJ not less ~I~a~ maximum insurable value - in a company or companiea accepta6lo to the niortgagee, the policy or policies to 6e {~eld by, a~d paya6l~+ to, saic~ rnortgngee, and in f~e evont any sum of money becomet ~ya6l~ 6y virtue o~ sucti inaurance !tie mortgagee akall 1?ave ftie rigtit to recetva anal apply tl~o anme to fhe inde6tednese here6y secured, uceounling lo ftie mortgagor ~or nnv sutplw: to pay a~~ eosls, ctiarges, and expensea, inc~uding ~awyer~s ~ees and tille searcl~es, reasonablr ~ncurred or ~td by ehe nwrlgagee becntue o~ t~?o ~ni~ure o( t{~e mortgagor to prompt~y an~ ju~~y comply wifk t~e apreernenta, sfipu~ations, conc~ittons and covertanfs o~ said nofe and ttiis morfgage, or eil~er: to per~orm, comply u~1th and a6ide by eac1~ antl euQry the agreQmenls, slipu~alions, conc~ifions and conennnts sef ~orfti in said notQ anc~ ftiis mo?tgage or etf~er. ~n the event I~e mortgagor ~ai~s fo puy when due ony tax, asseasment, i?uurance prQmium or otl~er sum o~ money payable by uirtue o( saicl nofe and Ihis mortgage, or eil~e~, f~e mortgagQe may pay f~e snn~e. wlftiout wniving or af~ecting fhe opfion to (orec~ose i or any otl~er ri~ht hereunder, and nll auch pnymenb shnll 6ear intereat ~rom date therpoJ al fhe leighest Iau~- (ul rate t~en allou~ed by r{~e lau~s o~ ll~e Stnfe o/ Florida. DL any sum o~ money herein ?e(errn~~ to be not prompt~r pnic~ u~ithin 30 ~ays nexf aJter the same be~•omes due, or i~ eacl~ anc~ every the agreements, stipu~ationa, rnnditions and covenanls o~ said nofe nnd il~is mortpnge. or either, are not fuur pvrformecl, t~o?np~ied with ~and a6ided by, then ll~p enfire ~ ~wn mentionet~ in aaid note, ancl tltis ~aortgngQ, o~ the entir+e balant~ unpaid tl~ereon, sl~all Jorthwith or t~e?ea~ter, nt fhe opfion o~ fke mwtpngeQ, becoi+to nnd be due and pnrnble. anything in saic~ nole or herein fo t~e contrary notwit~slanding. Fai~we 6r e1~ mo~goaee fo exet+ciie nny o~ f~?e rigtits or options ~erein provic~e~.~ s{~a~~ nol constitufe a waiver of an~ ~ig~tts or options under snit~ nofe or ftiis mortgage accrued or thereaf ter ncrrain~. ~n ~itness ~hereof~ the snic~ rnorfgngor has tiereunlo aignec~ anc~ sPn~P~ I~PSP presenfs Ihe dny nn~ rea? jinf atiove wriften. - J Signed.._aee~ nnd delinerec~ in tliv proiantv o~: ' t ~ , ~ . - ~ < < < , , , -.ct-c~- ~ ~._r. g . - - f- - - - ,c,c: .~~`l 1. . _ . ~ i - ~ t ; . 'r Eu e~e C. S tton ~ ~ ' - - . - - - - _ _ - - ; , , ~ - . <z ; ~ ~ i~~-- - - - . : - - - - - - " - . . .~Oan L. Sutton~ . . 3 i " " " ' ' ' » ~ i k ~ ~ iTATE OP FLORIDA, ~ COUNTY oF ST . LUC IE I HERBBY CBRTIFY that on tAi~ dar, before me. an ~ ~ dticer dul~r authori~ed ia the Statt aforesaid and in t~t Cwot~ doretsid ~o teks acknowkdqments~ prrsonally appearcd .a ~ Eugene C. Sutton and Joan L. Sutton to me ~nown tv be tl~e penon S de~cnbed 'eo a~d wiw eaecuted tbe [oregoiag iasu~ment and they ackrw.~rkd~ed before me that they ~ccuted ebe a~es. W11'N£SS m~ 6and and oft'~ia! eeal ia tbe Couah and Seatr la~c a(oresaid tfiis ~0 da~ d ~ A_ D. 1974. ~ i - ~~':t:i~, : , - . . - - , ' T~cp eK: ~::.~~nDEO . : ~ U CaitMTY Fl1l. . . • . ~P'M?~lR~~ . • • /T` S . L GE : • F~: f- "~AS tary Public, State of orida - _ ' `~p~, ~ ~ ~ - :~ua~ at Large - , R c r , ! _ : i ~ t~ ~,,,,r F' APR 3O ~l 05 ~'H My Commission Expires I. ' i . , 2£308'79 a ~~'Z Tlris Irrslnim~?t p~cpnm! l y: ~ ~IIS 1!'i~tf1:;^,la"~ "o; nrr~~•n y f~ ~ ~6 {~(~V~~ A r d. c s s d b B O ~ K P A - F,:~:,_-c~ 1'. t:_. . ~,.J St. Fart Pie: ~ , , ~ - - - - , , . , . - _ . .