HomeMy WebLinkAbout0323 and shall pe~jorm, comply with and a6~de by ~uh and ei~ery il~e agreemenls, stlpulatloni, condttions and
covenanls I~e~eo(. an~ oJ ftils morfgaf~e, t{~e~ l~is mortgage an~ ftie estate here6y creatc~, t~a~~ cease. de-
Ip?mine and be null and iwed.
~d Ihe mortgano? 1~en+by jwlher rnvenanls ancl ag?eea fo pay promplly u~hon due ths pri~cipn! and
interea! and ofher sur?u o( money provic~ec~ lor t~ said aole and ftil~ morfgage, or eil{~er: to pay a~~ anc~
singu~ar ihe IAXPS, assessmenfs, IPU~PS, ~iabi~ilies, ob~igalions, nnd encumb?ances o~ every npiure on sald pro-
pe?ly; fo ppnnll. commit or sujjer no waste, impairmen! or deferio?ntlon oj satct ~anc~ or ttie improuementt "
lhrre~n af any time; lo ~PPP I~P hui~~inps now o~ he?pajt~r on said land (ully Ins~ue~I In a sum oj not ~ess
Ihan mauimum ineurable value
in a company or ~ompanles acc~pfab~e la f~e morlgagee, f{~e poGcy o~ po~icies to 6e held 6y, and paya6le .
to, said morlgagee, nnd in t1~e evenf a~y sum o~ money 6ecomes ~yabl~ 6y utrtue of such Insurance the
mortgagee sI~aII I~ave the right to ?eceive and apply Ihe snme to ihe indebtedness here6y secured, accounting
to ttie mortga~or jor any surp~iu: fo pay a~~ cosfs. c~arges, and expenses, Inclcultng ~awye~ s jeea ancl tit~e
searches, ~easona6ly iricumKl or patd 6y ~h~ morlga~ee because oj tl~e failure oj the rreortgagor to promplly
ancl (u~~y comply with Il~e agreements, slipu~alions, conc~itions arur covenants oj said note and_1f~ts mortgage,
o? eili~er; Io perjorm, comply with and a6ide 6y ench and every the ag~eements, stipulationa, conditions nnd
COI~PRQ/IIS set forfti ~n said nofe and this mortgage or eifker. ~n !he event fhe mortgagor ~ai~s to pay when
due any tax, assessment, iresuronce premium or ot~er sum oj money paya6le 6y virtue o~ saia note nnd thts
morfgage, o~ eif/ier, Ihe mortgagPe may pay 1~e snme, wtthout utaivin~ or a~~e?cting the option to ~o?ec~ose
or any oll~e~ right Iierpun~Ier, and all suc6 payments shnll 6enr interest ~rom date ihereo/ at the l~igheat lnw-
~u~ rale Ihen allowecl by ll~e I~u~s o) the State o) F~orida.
1l any sum oj mon~y hereirt re(enec~ to be not promplly paic~ witkin thirty dnys next nf ter
the same becomes due. or ij each and PliPn` I~@ agreements, stipulalions. condittons and covenants oj said
note and `this mortgage, or eilher, are not ~ully pprJormed, complied u~it(~ and a6ided 6y, tken t1~e enlire
sum menlioned in said ?iote, and this morlgage, or tF~e entire balance unpaid fher~eon, shall jorihwith or
thprea(ter, at the option oj t6e mortgagee. 6ecome and 6e due ond paya6le, anytl~ing in said note or kerein
fo f~e confrary nolu~ithslan~ing. I'ai~urp by t~e mortgagee fo exer~cise nny of ttie rigkfs or opfions ~erein
provic~e~ s~a~~ not constifute a wainer oJ any rig~ts or options under sait~ note or fhis ntortgage accrued or
t~pren~ler nccruing.
~n ~~0`~ the said mortgagor 6as F~ereunlo signecl a?ed sealecl these presents the
~ay an~ year Jirst a6ore ivriflen.
Sl9 P~, SPOIP Q ~II~Pr~(I !I! the prnspnce OJ:
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STATE OF FLORIDA. ~ SS
coc,1:~T-~t c~F ST . LUCIE
t HEREBY CERTIFY that on this day~ betote me. an
o(ficer duly authorized in the Stat~ aforesaid and in the County afor~said to take acknowkdgments, p~nonally appeared
FBTD H. LOLI.IS and AI~NE W. LOIaLIS, his xif e
to me known to be the person $ deunbed in and who esecuted the forcgoing instrument and f',~19~ acknowkdged
before me that f'.Y16y ~xecuted the same.
1YI7:'VESS my hand and o(ficial ual in thc County and SWtc last atoresaid thu 3 ~ ~ day o!
j~~Y A. D. 19 74.
^ l
o~ary ~-Fii~lic ~ ~~~~t~a~e o~'~~~Florida
at I,arge.
My Com~iseion expires : 7 ` ~
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F1~Ep ~xD K~~S~~I.A• 11o!ory PvLCK. Slate of fbr~da at la~;';:
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G~~tR r0~` G~ a1 ky Coawassioe E:pir~s 1uly t.~. 1~ '
k.; ~~,~~C11~T ~ gonded br Am«!con Rre 6 Cbsvs~:': C~'... •
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Tlrc's Lurru~ncir~ prrpnrrd hy: JOHN C. GUSBSIEEO .
f~~~~~~~ Attorney at Lar ~p e~e~e~
2~7~ oran~e Avenue E:Oi ~A PAGE ~J
Ft. Piera~, Florida 33450
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