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HomeMy WebLinkAbout1003 i and shall perJorm, c-omply u~ith a,~d a6tde by eocl~ and ene~y f?~e ag?eements, :Upulationi, condilions und conenants thereloJ, and oj this mo~l~~ape, thpn Ihis mortgage and the estate hereby creatcxl, shall cPase, de- IPrmine antl be nall and i~oid. ~ f~P morlga~~or {iemby (urther covenants ancl ogrees to pay promplly when c,ue ihe principa~ and inlernsl an~ ofher sums oJ money proni~ecl for tn saic~ nofe and fhis mo~tgage, or eill~er to poy u~~ an~ ~ stngu~ar the fa.res, assessrt~enls, ~evies. ~ta6i~ifies, o6~i~alions, anc~ rncumbmnces o~ euery nafure on satd pro- perty: to permit, commit or su(Jer no ~i~nsle, impairmenl or deleriomtion o) said ~and o~ Ihe improvemenis IhPrrcn af any time: Io ke~p Ih~ 6uildin~s nou? or hereaf t~~ on ~aicl Ian~I ~ully insurPCl in a sum o( nol less thnn FUI.L INSURABLB VALUE. in a compony or companies accepla6le to the mo?tgagee. 1he policy or policies to be held by, and payable to, saic~ morfgagpe, an~ in f~e e?~ent any sum o~ money becomes payab~e 6y virtue of auc~ insurunce the mortgagee sha!! ha~~P tf~e ri~h! to receii~e and apply the same to the inde6tedness he?e6y secu~ed, accounting fo ftie mortga{~or ~or any surplus: fo puy a~~ eosts, charges, nnd expenses, inc~uding t~wy~ s Jees and lif~e searcl~es. reasonably incurrerl or ~a~d 6y ~hp morfga~ee because o( the f ai~ure o~ t~e mo~igagor to prompf~y anc~ ju~~y comply u~if{~ t{~e agreemenfs, stipu~afions, condittons and covenanfs o( said note nnd tl~is mortgage. or eilher: to perform, comply with and a6ide 6y eacl~ and every ihe ngreements, stipulations, conditions and covenanis sel forf~ in snic~ note and thts morlgage or eiff~er. ln the eve~l tl~e mortgagor (ai~s to pay w{~en due any tax, assessment, insurance premium or otl~er sum o/ money pnya6le 6y virtue oj said note and this mortgage, o~ eit~~er, the mortgaqee may pay fl~e same, u~il{~out woiving or aJjecfing tke oplion to ~orec~ose o~ any other rI~{~t herpunder, and all sucli pnyments shall 6ear interest /rom date thereo/ at the higl~est law- 'llI ~AIB I~PII OIIOWQ~I OV t~P IAU~S O' I~P SIU~P O' FIOri~U. ~L any sum o) moncy I~erein re~PIT~ IO 6e not promptly paid within Th37~ty (30) da~es next a~ter the same be~-omes dae, or i~ eacli and every the agreements, stipulatiu?is, conclitions and ~oi~enanls of saic~ nole and ihis mortgac~e, or eitf~er, are nof ju~~y per~ormed, rnmplied witl~ and a6~ded by, t~en 11~e enlire sum mtnlioned in said note, and this morfgage, or the enlire 6alance unpnid t?se?eon, shnll jorthwil6 or 1{~ereaJter, at ftie opiion of f~e morfgngee, become and 6e due nnd payn6le, anyt~ing in soid nate or herein fo f~e c~onfrary notu~ilF~stanc~ing. Failure by Ihe morfgngee to exercise any o~ fhe rig~ts or optioru ~erein proi~idecl s~a~~ not consfilutp a u~ainpr o~ any rig~ls or options under saic~ note or I~is mortgage accrued or t~erea jter accruing. Dn ~ilil~s ~1`~0`~ 1~~e sai~ mortgagor {~as herpunio signe~I anc~ sen~e~ these presents f{~e c~ay anc~ y f i?st bone u~ritlen. Sig e a~ ~ine in the presencP o(: / , ~ , . ~'y------~- ~ - . LEGI ~C.~' ~'~'4 ' ' C~ ~ . ~ _ - . ; , , . i ~ ~ e ~ • ~ STATE OF FLORIDA. ~ ~ Cou:~rrY c~F ST. LUCIE I NEREBY CERTIFY that on this day, before me, an of(icer duly authorized in the Stat~ afotesaid and in the County afor~said to tak~ acknovrledgmenu, penonally appearcd JOHN T. LEGIER to me known to br the person described in and who executed the (orcgoing instrument and wh0 acl~nowkdged befor~ me that he ~xecuted the same_ ~ ~1?I7NESS my hand anci of(icial seal in the County and Stati~ last a(oreuid this ~t - lday o( ~ . ~e~~ A. D. 19 74 ; ,,,C ~ ~ ~ G ~ ; . • . . . - • • 7'! ~ . . r • - ' - _ . „ ~ . . _ - . ~ ' . NOTAR P - - - . : , , . . LNC ~'~Tn f~~~ 1• otary Public, Staie of Fbrida at Larg~. ~ ~n ,7 ir' ' My Cornmission Expires Sept. 1, 1977. ~ " 1'r3 l..t~ . ~ ^`yI't• • 3 ~ i LEO AN'~ K~CORDEO ` ~ ~~.1t1C1?. JNT`f f ~ RGtt a Qp`t~AS ~ tt C~' ':,;1T GOUqT ~ qE~4FR Vrs•~i tE0 ~ 6 2 4~ e~' z~ ~ Tliit hu~nu~if~rt pref?nrc•~I by: ~ ,~~~~r~ ~~3?s2'7 " ep ~1~ ~s; E.~r i - _ - - _ _ - t ~ _ . _ ~ ~ ~ - = ~ . _ _ ~ , ._.y . . . . _