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HomeMy WebLinkAbout2756 and shall ~r~orm. ~-omply ~vi1h and a6~de by ~o~-h and every the agreements, stlpulationi, rnndilions and coi~Pnanls ~hereo(. a?id of Ihis mo?fpa~e. If~e~ Il~is mortE~age and the estafe hp.r6y created. shall cease, da- lermine and 6e null am~ i~olc~. ;.~;=~_.,->";~E'~ Tl~ 1{~p rnorfga{~or ~~~rody (u?lhe~e:cl~i~rnd~nts and agrees to pay p?omplly when due Ihe principal nnd inferesl an~I ol~~er sums o( money provi~Ietl Jor t~ said nofe ancl fhlt morlguge, or eil~er; to pay a~~ and singul~r tl~e ta.r~s, assessmPnls, leuies, Iia6iltties, o6li~afions, and encum6mnces of every nalure o~ saicl pro- pe?ty: fo permtf. commif or suj1er no u~asle, impairmenl or dete?iomfion o( satd lond or the tmproveme~la Ihprncn al any time: lo ~PPP IIIP bui~~in{~s riou~ or herpajl~r on cai~ ~anc~ ~u~ly ins~uec~ in a sum o( not ~esa ~han Seventy-five Thousand ($75,000.00)----------------------------- in a company or companies acc~pta~~e fo Ihe morfga~ee. !he po~icy o~ po~icies !o tie he~c~ hy. and payoble to, said morlgagee. and in fhe erenf any sum oj mon~y 6ecames r~ya61~ 6y i~Frtue o( such ~nsurance the mortga~ep sha11 I~ane Ihe ri~{~t to ?c~cetve a?id apply Ihe same to the i~de6tedness here6y secured. accounting fo fhe mortga~or ~or any su?plus; fo pap a~~ costs, cha?Aes, anc~ expensps, inc~uding ~awyer~s jees and fit~e searches, reasonal?Iy tncarre~I o~ ~~d 6y ~hp mortga~ee hecause o~ ftie (ai~ure of fhP mortgago~ fo prompl~y and Ju~~y comp~y u~ilh f{~e agreemenfs, stipu~alions, con~iftons and rni~nanls o~ saicr note anc~ I~is morfgage. or eif{ier; to per(orm, comply u~itl~ nnd a6ide 6y each an~ PVPI'y (h0 agreemenfs, slipu~afions. conc~ilions ane~ covenants set jorth in said note and this mortgage or eifl~er. ~n fhe event !6e mortgagor jni~s io pay when c~ue any lar, assessment, insurance premium or o1F~er sum o~ moneq paya6le 6y virtue o( saicr nofe ane~ Ihis morlga~e, or eil~~er, i{~e morl~agee mny pay f~e same, wit~out waiving or aJfecling Ihe opfion to ~orec~ose or any other ri~ht hpr~und~r, nntl aIl sucl~ payments shall bear interest (rom date thereof nt the higF~est lau~- ~u! rale Ihen allou~e~l 6y fl~p lo~ns oJ the State o~ F[orida. ~l any sum o~ money ~~erein re~PKPd IO he not prompl~y paid wilhin ~~ty ~ays nexf af ter thP samP becomes ~ue, or i) eacl~ and every IF~e ngreements, slipulations, condilions and covenants o( said note~antl 16is morlga,ry~, or eifher, are no1 ~u~ly performetl, complied will~ anc~ a6~ded 6y. IFen the entire sum mentioned in said note, and tl~is mortgage, or tl~e enlirr 6a~ance unpaid thereon, s6all forthwith or I~ereafter, at fh~ oplion o~ f{~e mortgagee, become nnd 6e clue and paya6~e, anythinfl in saicr note or herein to the conlrary nohi~itf~slantling. Failur~ 6y Ihe mortgagee to exercise any of t~e rights or options ~erein pro~~iclec~ s~a~~ not constifufw a wair~r o~ any rin~ts or options un~er sai~ note or I~is mortgage accrue~ or f~~ernaJf~r ~crruing. ~n ~~~~5 ~hereof~ f~~e sai~ morf,ryn.yor ~~as ~~ereunfo sic~ne~ ancr spaled these presents !hp ~ay ancl yenr Jirsf nhonp u~ritfen. - $igne~. sea~ec~ anc~ a~~i+~er~tr ' e r~sencP of : ~ ~ - - ~~~y`~~ • - - • ~ ~ Bernard W. Bigger - - ~ ; - -~'"L~,,,,,-- .-R..-~-- ~ - . ~ . ~ Marion R. Bigger . ~ ; ~ i ~ ~ - - - ~ € ~ STATE OF FLORIDA, ~ COU\TY OF ST. LUCIE I HEREBY CERTIFY that on this day, before me. an ~ of(icer duly authoriz~d in the Stat~ aforcsaid and in the County afor~•said to tak~ acknowledgments, penonally appeared ; Bernard W. Bigger and Marion R. Bigger, his wife, to m~ known to b~ the prrson $ deuribed in and who ~secuted the (orcqoi~q iastrument and ~1@y acknowledqtd be(om mc that ~gyrxecuted the same. ~~'17'\ESS my hand and official seai in thc (:ounty and Stat~• last aforesaid this 24~2 day of Jl1II@ r~. D. 19 J 4• ~ --i ...x - ;~t„~.:,...,;? - GG~~_..,.~:'..~=~'-~-~~--.-- - ~ NOTARY PUBLIC, State of ,~~r~d~ L , ' I.arge . ; ~ " F ' ~ ~ My counnission expires ~ . ~ ;,E ~ ~ = = ~ E~ DEO ~~U ~o~: e1 Ffo~ida a`t loeQi ~ _ - ~ ~ ~ _ ~ ~ F~lEO A~+: ~ HTY F11~- ?~M Cw~i«~ Esr~ns M~7 t, t~7t - I~. i} u ~ M • ~ gT.IUCtiEfG~~tzRAS ~ ~ ti Am..~c.~ ~;n t t~?~~iy G. ~O, RO~~~.,~tGt~1~ COUaf • CL-ri .YE~'•c~cG-'~ :1,~~'~t • RF,.~,:~ o AH,~~ - , . = . _ ,l+ua 25 9 3 ~ 285139 "!'l~is Lu~rri~n~»~ pa p~~~ d hy: e~ ~ - This insfiivment was prepared by t04K~ ~~+~1 ~ .I d~ln_« Ct~ster B. Griffin ,124-A No. 2nd 3t. _ Fat Pierc~ ~ta, _ : - - , ~ k h ~ ~ ~ ~ ~j - ~ _ ~ ' ~ .