HomeMy WebLinkAbout1042 an~~ s~~a~~ p~r(orm. ~-omp~y u~if~~ nn~~ a~,i~1e ~,y ea~•~~ anc~ P~'~~y fhP (1{~~PPR1PflIS. slipu~alio?is. con~ilions and ~
CADPIIAl1~5 ~~IP/('O~. nnrl 0' ~~IIS Rl0l~/~A(Ip. ~~~~5 morfpaf~~ Qfll~ ~~IP PS~A~P hPIPF/y CfP4IP~. S~I(!~~ CPQSR. ;
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IPrmine ant~ ~~P nu~~ am~ ~~oi~~. ' ~
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~n~ f~~P mart~a~~or ~~~n•hy (urihPr cooenanfs an~ agrees fo pay promplly when tl~~e II~e p~incipal nnd •
~IIIPMSI an~ of~~er sums af money provi~JeKI (or i~~ saicr nofe and fhts morlgafle. or eifhe~: (o pay n~~ anc~
sin~ulnr fh~ tat~s. asse~ssnu~nts, ~PI~IPS, Iia6ilifi~s, ahli{~alions, and enc•umbrances o~ every nature on said pro-
perfy: fo ~~vrmiL commif or suf~Pr no u~ast~, impairmenf o~ creferioration o~ sai~ ~and or Ihe Improvemenis
t~~~•rn~~n nf anv (im~: tu ~r~~~p f~~P hui~~~inyc nou~ or ~~rrra~f~r on sai~ ~anc~ Ju~~y instirn~ in a sum o~ not ~ess
fhan FULL INSURABLE VALUE
i~i a compnny or ~•om~wni~~s acc~pla~~~e lo I~~P morl~/a{~eP. thp po~icy or po~i~~ies to ~~e he~~ tiy. ancr paYab~e
to, saic~ mort~~a~~~, anc~ in I~~e en~nt mry sum o~ money tincomes ~,yo6te by ~~irfue o~ such insurance f~e
morl~ag~~ sl~all ha~~e IhN r~~~h1 to r~eive and apply thp same to the inde6iedness here6y secured, aceounfing
to I~~e morf~a~or ~or any siup~as: lo pay a~~ cosls. i-~~arges. an~ expensps. inc~ucring ~awye~~s jPPS antl fil~e
sParc{~~s, r~asona~~Ip incurretl or paid 6y ~hp morfga~ee tiecause of the fai~urP o~ the morfga~or to prompl~y
ancr fu~~y i•omp~y u~if~~ t~~e a~?eNmenls, slipu~ations, conc~ifions ancr t'oi~enanis oj saic~ note and this mortgage,
or ~if~~er; fo ppr(orm, comply u~itl~ and a6irle 6y each and ~v~ry Ihe agreements, stipu~ations, concrilions ant~
cot~~nants set ~orth ia said note and fkis morfga~e o~ eilher. In t~P FVP?1~ I~P mo?tgago~ ~ai~s lo pay when
du~ any ta.r, assessm~nf, ir~suran~e premium or ofl~~r sum oj money paya6lp Gy rirtue o~ snicr nole and fhis
morfgn~?e, or ~il~~er, I~~e morlgac~Pe may pay Ihe samP, wif{~ouf waiving or aJf
ecfing Itie opfion fo jorpc~ose
or any ofl?er ri~tl~t tiernunder, and all surh paymenls shaU 6ear inlerest (rom date thereof a! Ihe I~i~hnst Iau?-
~1/~ I(I~P ~~1PIl Q~~OII~CI~ ~'IP ~Al1~S O~ ~~1P S~Q~P O~ I'~O~l~Q.
any sum oJ mm~~y I~~rein re(errec~ lo he not promptly pai~I w~tF,~nThirty (30) days next a(ter
th~ snm~ be~•om~s da~, or if eac{~ and every l~e agreemPnts, slipulations, conclitions ancl covenanis o) said
note nnd tF~is morlgar~e. or eitl~er, are no! fully per(ormed, complied u~it~ and abide~ by. lhen thp entirP
sum mentionerl in said no1~, an~I this morlgage. or f~e entire 6a~ance unpaid thpreon, shall ~orlhu~ith or
t~ereajfer, al f~~~ option oj t~~~ morlga~ee, tiecome anc~ he crue an~ payah~e. anyltiing in suic~ note or herein
fo 1~i~ confmry noltnifl~sfantlin~. I'ailure+ ~~y the morf~agep fo exercise any of fhe rigtifs or opfions ~erein
prori~~~~ s~ia~~ not concfilufP a u+ait~Pr o~ an~~ riqhls or opfions un~er saic~ nole or Itiis mortgage acc?uPi~ or
fh~r~ajl~r nt•i•n~inc~.
~n ~itness ~hereof~ t~IP SAl(~ morf,ryaqor ~1AS ~1PMIff1~0 SIQR~ 11I1~ s~aletl Il~ese prpsenls ~hP .
(~(IV nntl VPA~ jirst (1~01'P u~rilfen.
SI II SPA~P(' 1~ ~1'PlP~ Ifl ~~IP ~)~PSI'IIfP OJ: ~
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STATE OF FLORIDA, ~
cc~t~~'rv c~e ST. LUCIE
I}~EREBY CERTIFY that on this day, before me~ an
of(i~er dul~- authori7ed in the Statc a(oresaid and in th~ Counh• afor~•said to takr acknowledqmenu, prnonally appeared
THOMAS J. McELHENY
to m~• known to M- th~ p•rson described in and who ezecuted the tor~¢oinq instrument and acknowledqed
be(or~• ~ne that he ~x~cuted the same.
1~'11~1ESS m~• hand and offi~ial seal in th~• (:ounty and Stat~~ last a(oresaid this ',~y1~~/ _ day of
~ D. 1974 _
'C~ J ~~]y~ ['l '
. : : i • ' ~~/~l-'[~'~I-----.-,-""'
: t~ '
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; . , NOTARY PUB IC
:
` • ~ DJILE L WIRMESOH.
O7 G~= - NOTItRY PUBLIC STATE OF FLORIDA AT UlRf~f
r~`~ = MY CCVIN{SSION D(PIRES IIAARCH 3l, 1978.
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CLE~Y. Lt:!` ~~T
Oc~~R.; •
10 3 27 =
%%is I?ulniiur~rl pnFon~l 1
y: ~
;~~Idn_~s ;~~3~ ~83
BOOK 1 PACE 10~0
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