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HomeMy WebLinkAbout1096 i ~ f an~ sI~aII per(o~m, comp~y u~il{~ anc~ abide by each and e~~e?y I~ie agreemenfs, atlpulallo?ii, co~ditiotti nnd ~ cc~rena~ts thnreo(. a?id oJ lhts mo~tf~age, IF~en this mortgage and tl~e e:late I~e?~6y creatc?d, shall cease, de- : lermine and 6e null and void• ~ ~ ; ~ tl~P mortgnpot her~+6y ~u?lher covenants and agrees to pay promptly when due ths principal a~d ~ interwsi and of~nr sums o( money provided Jor in saic~ note anc~ th~a mortgage, or eil~er: to pay a~~ and ~ singu~ar f~e taxes, assessments, levies, ltabililtes, o6~tgalions, and encumbrances o~ every noture on snid pro- perfy: to permii. commif or sujfe~ no wasle, impairment or c~eleriwufio~ o~ satd bnd or fhe improvements tl~erecn oi any lime; fo ~PP~ ihe buildinp~ nou? or hereajter on aaid land (ully ir[sured ih a sum of not less ~han in a eompany or companJes accepla6le to tl~e mortgngee. Ihe po~try o~ poltcies to 6e held by, and payable to, saic~ morlgaqee, an~ in fF~e euenf any sum o` money becomes Poyabl~ 6y virlue of such insumnce ihe mortgagee shall hai~e the ~ight to receive and apply the same to t6e indebtedness here6y secured, accounting , fo the mortga~or for any su~pl~u: to pay nl~ costs, c{~n?ges, and expenses. inc~uding ~awye~s ~ees anc~ tit~e ~searcties, reasona~~y incurre~ or paid by f~e mortgagee because o( t~e ~ai~ure ol ttie mortgagor to prompt~y and /ully c~omply will~ the agreements, stipu~ations, conclitions and covenants o( said note nnc~ t~is morlgage. or eit~er: to perjorm, comply witl~ ond a6ide 6y eacl~ and every !he ag~eements, slipu~otions, condifions and covenants set forilt in said note and tl~is mortgage or either. In the e~en! the mortgagor ~ails to pay when due uny tax, assessment, insuronce premium or othe~ sum o~ money paya6le 6y virtue o~ said nole and this morfgage, or eil~~er, f~e morlgagee may pay the some, wil~out wniving or aJfecting the opfion to ~orec~ose or any otl~er ri~ht hereunder, and aIl sucl~ payrnents shall 6ear irtterest jrom date thereof at the highest lnw- (ul mte Itien allowed 6y Ihe laws o/ the State oj Florida. any sum o( mon~y F~erein re(e~ed lo be not promplly~ paid within thirty day: next a~ter the same 6ecomes due, or iJ each and pvery the agreements, stipulnlions. conditio?es and eovenants o( said note and t6is mortgage, or either, ar~e ~ot (ully perJormed, complied with und abided 6y, then the entire sum mentioned in said note, and tl~is mortgage, or t1~e entire lwlunce u~paid thereon, sl~all jortl~witF~ or therea(ter, at the option of ~he mortgagee, become and 6e due and payable, anqthing in said nofe or F~erein to f~e conlrary notwithstanc~ing. Failurp 6y the morfgagee fo exer+cise nny of !~e rig~ts o~ opfions ~ereia provicjed shall nof constifute a u+aiver oJ any rig~ts or options uncjer saic~ nole or f~iis mortgage accrued or lherna(ler accruin~. ~n ~itness ~hereof~ the said morl~agor has l~ereunto si~ned and sealed these presents the day anrl year ~irst abone u~ritfen. DELL-WOOD 2-74 Signecl, sealed and delinered in Il~e presence of : s~ ~ y • 1 ~ -----~:.._.{'C',~- 7~t. • ~ ' tner---------._.._~ - - - - -A Par v~'~, . . ----.._..G~~%. ~ ~ ~ ; . , - . i ~ ~ 6 ~ ~ ~ STATE OF FLORIDA, ~ COL~tiTY OF ST. LUCIS I HEREBY CERTIFY that on this day, befote me, aa = officer duly authorized in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgmenu, personally appearcd ~ ROBERT C. M~NDELL, Vice President of Mandell Securities, Inc.,a par er,~ to me known to tx the penon described in and who executed the (or~goinq instrument and he ackoowkdged ~ - s betore me that he ~xccuted the same. ~ ~~'17:\ESS my hand and of(icial seal in the County and State last aforesaid this 4th day o( ~ ~T1111E A_ D. 19 74 ~ . ~ ' f ----•C"- G!S,s..r...G.--•~~~---•:-••--••---•~~.._.....-•-...--••--- k* NOTARY PUE3LIC STATE OF FtOR1QA AT LARG6 ~ WY COMMi5S10N EXPiRES FEBR. 23. 1975 ~ ~1ERpL INSURANCE UNDERWRI7ERS. IN0? ; ~ L ` ~ ~ _ ~ ~ . . c,cC~R0E0 } FI~f 0 ~k? ' ' w I~SY f l ~i` IE CCU A. ~ _ :~l~;~j 1 %~:i Sj Rt~Cti!, s=~11RA5 = CtEaK C~;;~;~s~ CQURt ~ ' ,i : • : 28~~?94 pcr~R'.' VE= =~F~ : r ~,.pU~4tiJ - , _ y,`~ ~ ri 3g a~~~~ _ - L'~'•.....•''~•:~ . N~ r_ , ~ _ : ~ T/,ir I,ir~r•u`raen~ p~e~trl by: John M. McCarty <~~~~~n.~ Post Office Box 4412 ~R , Q~ Fort Pierce, Florida 33450 f~:~ ~ f,'~E~o~7V ~ ~ : d _ ' . . _ . . ' r~`~,- ~ ~ ~ ~ _ _ ~ ~ . ~ _ , - - - - - - - ~ -