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HomeMy WebLinkAbout1786 a~c~ sha~~ pe~?~orm, cumply ~vil~~ ant~ atii~~p hy rai'h ant~ e~~e?V f~p l1{~1PN111PI1I5, stipu~Gllons. Conc~iliont und co~~enanls Ihereo(. and o( this mo?t~a~P. I{~en this moNc~a~p ~ntl Ihe PSIQIP {~Preby created. :hail cease, de- fprmine an~ tie nu~~ ancr ~~uic~. ~n~ f~~ murf4~n~or h~ri~hy (tufhPr covrnanis anc~ agrPes fo pay prompt~y ~otien ~ue fhe principn~ and inte?est anc~ oltier sums oj rnoney prouideil Ior in sni~ note ~nc~ I~is morf{~age, or either: fo puy all and singular t{~e ~A.YPS, ass~•ssm~~nts, l~nies, lia~,ilifies, o6ligalions, nnd encumbmnces o~ every nalure on saicl pro- perly: to permil, t~ommfl or s~ij~er no u~asfe, impnirmenf or deterioration of sai~~ ~auc~ o~ f{~e improvements Ihpreon a1 any 1ime: b~PP~ IIIP buildin~~s nou~ or h~r~Jt~r on said Iand Jully insured in a sum o( not lesa than in a company or companies ac•ceptab~e to Ihe morlga~ee, Itie po~icy o~ po~iries fo be I~eld by, and paya6le to, sai~ morfgnge~. an~ in itie Pvent any sum o~ monry ~ecomes payn6le 6y uirlue o~ sucti insurance !he mort~nqee shnll hai~e tl~e right to receii~e and apply the same fo Ihe i~de6tedness hereby secured, aceounting to fhP mortgac~or ~or any s~uplus; !o pay n~~ cosfs, c~ar~es, and expenses, inc~u~~ing ~awye~ s~ees ana fit~e SPQM~PS. ~PASO/I(I~Iy incurre~ or paic~ hy ftie mo?tgapee hecause of f~e fai~ure o~ 1{~e mortgnpor to prompt~y qR~ f ully comply u~ilh fhe ap?~emEnls, stipu~atlons, con~ifions ancr covenanls o~ said note an~ (~is morfflage. or eil{~~~r; to perjorm, ~omp~y «~ith nnd abide 6y eac1~ and every Il~e agreemenfs, stip~~~afions, condiiions anc~ ` " conenanis set Jortti in snia nofe anc~ 1{~is morfgage or either. ~n ihe evenf ftip morlgaflor fni~s to puy w~en due any lax, assessment. insurnnce prvmium or otl~er sum oj mon~y paya6le tiy virh~~ o~ said nole an~ Ihis mortga~p, or either, t{~r mortya{~Pe moy ~,ay fhe same, wiftiouf u~aiving or a~~ecting 1he oplion to ~orec~ose or any other rit~hf hpreunder, anrl all such paymenfs shnll 6eor intarest (rom date ther~o/ at the {~ighest law- (ul raie th~n al~otve~ by fh~ lau~s o~ 1h~ State o~ Florida. ( -i ~L any sum o~ money hPrein re~Prr~~~ to he nof prompi~v paid wit~?in 1'~1~I'Cy ~3~~ ~ays next a~ier I Ih~ same hPCOm~s clne, or iJ each nncl vrery fti~ agreemPnfs, sfipulalions, conditions and covenants o) snid ~ note and Ihis mortgagP. or eilher, are not (ully perfor?rted, complied u~ifl~ .nnd ~6~dpd 6y, tl~en 1Fte entire f sum rrienfionpd in aaid note, an~ this mortgage, or IF~e entire Iw~ance unpnid tl~ernon, sl~all forll~witl~ or ~ ttiereaJfer, at t{~e oplion o~ fhe neorfgap~e, hecome nnc{ be due and paya6le, a~yftiing in said note or he~ein to ttie confrary nofwifl~stnn~ing. Failure E~y ttie mortgac~ee fo exercise nny of t{~e righfs or opltons herein proi~icle>cI sho~~ nof constihde n u~nioer o~ any ?ic~~ts or oplions un~pr said note or f~is mortgage accrued or - Ihereajfer aecruinfl. ~n ~itness ~hereof~ thP snid mortgngor has hereunto signecl and sealed lhese presents tl~e c~ay an~~ yPar Jirsf ahone u~riHen. $igne~. sea~ec~ nnc~ c~v~inerP~ in f~e pr~sencp oJ: - ~ ~j ~1~~ *~<<% .~-C/,. ` ~ . - - . . - ~ 2' v..._...... . ~ - - - - - . ~ . . ~ , / ~ 1 , 1 / ~ ; ~ -`J_''.~. C. f~..+~..Gi.i~:2/ - - - f' . ~ ; ~ , 'c ~ . . " i 4 ~ ~ 3 ~ STATE OF FLORiDA, ~ COL':vTY OF ST. LUCIE I HEREBY CERTIFY that on this day, be(ore me. an of(icer cluly authorized in the Stat~ a(or~said and in the County a(orrsaid. to tak~ acknowledqments, prnonally appeared ; E. H . Kluppelberg , Jr. _ 4 to m~• known to br thr prrson dcscrit~ed in and who rXPCULfd the for~¢oing instrument and he acknowkdged before me that he ~x~cuted the sam~. - ~~'IT\F.SS my hand and ofiicial scal in thc County and State last a(or~said this Z~~ AT•~~7!° • ~ ' y; ~ june a. n. i9 74 , ~,~~'1 ~ E' „ ~ : x~ CJ~ FlA• ' » - ~ FIIE . K . ~ .X~~.. ,.s - - .~tr T - • S ~u ~ ~aas ~ p• ~ ~ ~K si GOURT ~ Notary Pu~t~c. 5:::~1~.F'~~: ~~(at a?~~ ~ RE ~n : t: = ,c ~ ~ ,~,_1.~ My Commission E~cp~e~-(~oY• ~Ui~ ~ ~ A~ ~ ~ ~ ~ ~ ~ ~i 1~ 11 38 J I ~ ~ ~ ~ ~ 284488 ~ ~ %7~ir ht_r~ni»rr•~~~ Fr~Fr~rr~l !ry: Toe G. Mulli~ls p R P~ P. O. Box 970 800K~~~ ~ z 3 , Ft. Pierce, Fla. ~ ~ ~ 33450 , ~ _ _ _ _ . ~ g ' .e.~. ~ ~ s~ ~ . ~ w