HomeMy WebLinkAbout0893 and shall per(orm, comply will~ and o6tds 6y eac1~ and enery tF~e ag?vements, stipulatloni, conditions and
rnnenants the?eo~. and oJ Ihts mortgape. !1?en lhit mwlgage and tl~s estata here6y created, s1~oll cease, d~-
te?mine an~ be nu~~ an~ voi~.
Ti1Ni fhP morlganor tien+by (urther c~ovenunts und ag?ees to pny promplly when due lhe pri~dpal und ;
' inleresl and of~~er sums o~ money provi~c~ for in said note and ttib morlgage, or eittier; fo par u~~ nnd ;
singu~ar !tie la.res, assessneenls, ~evies, ~iobi~ilies, ob~igafions. and encum6rnnces o~ every nature on suid pro- j
perty: fo ?,ermil, commit o~ su~jp~ no waste, impai?ment or c~eteriomtion o~ saicj ~and or fhe tmprouemenb
Ihrrrcn at any lime: fo ~rep the huiGlings now or hertw~fer on said land (u~~y insurec~ in a sum o~ rtot ~eu
than
in n company or companies accepta6le to 1he mortgagee, the policy o~ poltcies 10 6e haW by, and pnya6le
to, sai~ morfpagee, an~ in the event any sum of money becomes ~yn6l~ 6y virlue o` suck insurnnce ttie
morfga~ee shall I~ai~e the right to recei~~e und apply 16e snme to tl~e inde6tedness here6y secu?ed, uccounting
to f~e morfganor (or any st~rplus; to pny a~~ cosfs, chn?ges, and expenses, inc~uding ~uiuyer~s feea nntl Ill~e
searcf~es, ~easona~~~y incurrpc~ or paic~ tiy ttie morfgagee ~ecaus~ o~ fhe ~ai~ure oJ fhe mo?tgagor !o prompt~y
anc~ (ully eomply wilh t{~e agreements, stipu~alions, con~ifions ancr rnvenanfs of said note nnil lhis mo?tgnge.
or either: to perform, rnmp~y u~ifh and abicre 6y ea~n and euery Ihe agreemenls. stipu~ations, conditions nnd
co~~enanfs sef jort~ in saic~ note and this mo?tgnge or eilher. /n the event !he morfgagor ~ai~s fo pay u~hen
due nny tax, assessment, insuronce premium or olher sum of money pnya6le 6y virfue of said note and this
n~o~fgage, or eif~er. Itie mortgagee mny pay ftie same, wifhout wniving or aftecting lhe option to (orec~ose
o~ any ot/~er ri~~lit herntu~~~er, ond a~l such payments stiall bear inteiest (rom ~ate tl~ereoj at the I~tghest law-
(ul rale Il~e~ a~lowe~l by 11~e ~aws o( the State o/ Florida.
~l any sum o~ muney I~erein re(erre~ to tie not prompl~y paid wilhin thirty ~aYs next uf te~
the same becom~s clue, or ij each ancl ei~ery Ihe agreempnts. stipulafions, rnnclitions and rnaenanls o~ said
note and t6is morlQage, or ~il~er, are no1 ju~ly per~ormed, cwmplie~l with and a6itle~I 6y, ll~en fhe entire
sum menlioned in said note, and tl~is mortgage, or tlte entire 6alance unpaicl tl~ereon, shall (ort6will~ or
t~ereaJler. af the option o~ f{~e morl,qagee. 6PCOme an~ 6e tjue and paya6le, anyftiing in snic~ nole or herein
to f~e con(rnry nofu~il{~sfanc~ing. j'ai~urp tiy t{~e mortgagee fo exercise any o~ fhe rights or options ~erein
provi~ii~ sha~~ nol consfifule a u~aii~Pr o( any rights or opfions under soi~ nofe or f~is mortgage nccrued or
lh~rea(t~r ~ccruing.
~n ~itness ~hereof~ t{~e snid mor~~agur hns Iternunfo signerl nnt~ sPalnd these presents the
t~ay ani~ year ~irst aEw~•e irriffen.
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STATE OF FLORID4. ~
COC\TY nF ST. LUCIE
I HERE9Y CERTIFY thai on this day, be[orc me, an
of(ic~r duh authoriz~d in the Statc a(or~said and in the Cou~ty a(oresaid to tak~ acknowltdgments, personally appeared <
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to m~ kno wI oI'~~ pLi~rso P eTscn ~in TnEd w o~ezeBc~ut ~ E tG
go~P~s ~ e E~ $1S a~T~1~~~~~
5~ -6ed ~i
brforc mc that t~y cxccuted the same. Q~~
~~'17:~iE5S mv hand ancl o(ficial stal in thc (:ounty and Statr last a(or~said this ~ u day of
3une n. ~ 9 7 4
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1%ic l~ulnur?r-~N pr~'~um•d lry: ~~~tizsns Federal BuiWing U R~~9 PACE (7t7J
:~t~r~R.cf 1~0 South Ftderat Hi~~v:fi~ BQ~X
Fo~t Pierce, fic~ da 33< i
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