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HomeMy WebLinkAbout2128 and shall per~orm, comp~y wilh ond a6ide 6y each and ei~ery t~e aAreements. alipu~ationi. condiflons nnd covenants therea~, and oJ Ihis mortflas~e, Il~en Ihta mort9u~e and ehe sstnte I~ere6y croated, a?~all ceass, d~- iermine an~J I~e 1nuII ancl ~wi~. ~ fhe mo?lga{~or {~e~vGy ~urlher covenanfs and aeroes to pay p?omplly when du~ th~ principu! and interesl and other sums oj money providec~ ~or tn satd note and fhis mo~tgage, or eilher; fo pay u~~ and aingu~ar I~e faxes, assessmenls, Ievies, IIa6tl~lie~, ob~igafions, and encumbrnnces oj every nature on sald pro- perfy: to permtt, commil or suf~e~ no wasfe, tmpairment or dete?io?ntton of sald ~and or the tmprovemenb therpcn at any lime; to kc~p the 6uildinfls now o~ I~c~ra/te~ on said land (ully inaured tn a sum o( not lesa ~?~~n full lnsurable value tn a company or companies accepta6le !o t~e morlgagee. Ihe poltcy or policIes to 6e heW by, ond ~yabl~ to. said mortpagee. an~ in fhe even! any sum oj money beeomes ~yabt~ 6y virtue o( auch irt:urance ihe mo?tgagee shall kave the right to receive and apply the same to Il~e inde6tedness I~ere6y secured, accounling fo Ihe morfga~or jor any su?plus: fo poy a~~ eosts, c~argas, unc~ expenses, inc~uding ~awy~s fees nnd tif~e searches, reasona6ly incurrecl or paid 6y the mortgagee 6ecau~e o~ f~e ~ai~ure o~ ff~e mortgagor to promptly and jully comply wtth fl~e agreemenls, stipu~ations, condiiions nnd c~ovenanfs of said note ane~ i~is morlgage, or eilher; to per(o~m, comply u~itl~ and abide 6y each and every ihe agreements, stipulations, eonclifions and rnvenants set lorlh in saic~ note and this mortgage or either. /n tke e[?ent fhe mo?tgagor laI~a fo pay w~en ~ due any lax, as:essment, insurance premium or other sum of money pnya6le 6y ~i?!ue o( said note nnd this morfgage, or eit~er, fhe mortgagee may pay Ihe same, u~ifhout wniving or a1lecting !~e option to ~orec~ose o~ any otl~er riqht ?~ernunde.r, and all such payments shall 6ear interest /rom date thereo~ at t6e I~tgl~est Iaw- (ul ?ate th~n allowed bv t1~e laws o~ thc? State o( Florida. ~l any sum of mo?eey ~e~ein re~emKl l0 6e not prompfly paid within thirty doys next ajler the same 6ecomes clup, or iJ eac~ ancl every il~e agreemenfs, stipulafions. rnnditions and covenants o) said note and IF~is morfgage, or eilher, are nol jul~y perJormed, complied u~itl~ nnd a6~ded 6y, tl~en the entire ~um tn~ntioned in said note, and this mortgage, or the enti?e baTance unpaid thereon, s6nll _~orthwith or lhereajter, at t1~e opfion oJ the morigagee, 6ernme and 6e due and pnya6le, anything in said nole or I~erein to t~e controry notwithsfanc~ing. Fai~ure 6y IF~e morlgagee to exerctse any o~ f~e rig~fs or opfions ~erein provided s~a~~ not consfilute a u~airer oi any rigtils or options uncler said note or t~is morfgage accrued or t~erea~l~r accruing. ~n ~itness ~hereof~ tf~e said mortgngor hns 6ernunto signe~I and sea~ed these presents the c~ay anc~ year Jirst al~one u~ritfen. Signed, se d ant~ clelioerec~ ' the. r ence of : ~ ; - . . • - - - - O t 0. Brown ! - - - - - . - Sherry Brown ~ , i ~ STATE OF FLORIDA, ~ c°L:~TY °F ST . LUCIE . I HEREBY CER'TIFY that on this day, beforc me~ an ~ officer duly authorizcd in the Stat~ atoresaid and in the County aforesaid to tak~ acknowledqments, penonally appearcd 3 ROBERT 0. BROWN and SHERRY BROWN, his wife, to me known to b~ the person $described in and who executed the (orcqoinq instrument and tt1@y acknowkdged before me ehat ttl@31 executed the same. ,ZOth , N I1'NESS my hand and o(ticial seal in the County and Statc last aforesaid this daY ~ ~ . A. D. 19 74. - . ~ ~Q . . : . i i a /fil0 l~o - y---gubl...c., __5tate-~o~---~---.. .d------a . 26 - o • ~ -i;~:A:•.; ' . FIlED ~ks ~ECJRGEO s • - ST. IUCI~ ~,JUNTY FLA. LSrge , ~ - ROCEr fJi'RAS # - Cl E~:K G!= .r,J{T COURT ~ } ~ ; ;:f- _ ~ ~ ; _ _ _ R~S4q9 YE~:•:-jc~,,,,_~~ My Com~ission Expires : e ~ , ; _ . ~ : `••~~c.•?~•Y~ ~•rt~:. MAY tI ~Z 46 PM'~~ , < . . , ~ ~ ! 17iis I~ulrru~~cne prepnrrd by: ~ A~~dnu ?HR INSTRUAIENT WAS PREPARED 8Y1 er~i 2~~ P~CE~1~U SPENCER B. GILBERT, A~torney at Lav~ ~0 3. SECOND STREET . FT. PIERCE, FLA. 3f4d0 ? ~.p. ~ ~ ~~~~;4 ~ ~