HomeMy WebLinkAbout0983 and shall prr(orm, i•omply wilh and a6ide 6y eacti and ~~~ery IRP agreemenls, sttpulationa, ronditions nnd
co~~~nanls ~here~of. and o( this morl{lapp. 11~en Ihi~ mo?fgafl~' and thP estate hereby creat~. sh~ll cease, de-
le~mine anc~ ~?e nu~~ an~~ rui~~.
~n~ I~~e murt~a~or ~~ern6y (urfher COVP/lll?IIS and agrees fo puy prompf~y when ~ue the princ~pal and
infernsl anc~ ol~~er sums o~ money provi~Iecl ~or tn sai~ nofe and thts mortgage, or etfher; fo pay a~~ anc~
sln~u~ar fhe ta.res, assessm~nfs, IPI~IPS. IIAhlIlI1P3. oh~i{~alions, and encumbrances o( every nal~ue on said pro-
perty; to pe?mil, commit or suJler no u~asle, impnirmnnt or dele~ioralion oj said land or !he improvemenla
t~~~rn~n al any fim~: lo ~rrep I~ee ~~ui~~~ings nou, or ~~ereaJt~r o?~ saic~ ~an~ ~u~~y insurnrl in a sum of nof ~pss
~hnn the s~rRregate unpaid balaace thereo~ ~ to the insurable maximum
i~i a c•ompany or companies accepln~~~e lo fhe mortga~ee, fhe poliay or policies fo f?e heici dy, and paynour
to. sait~ mortf~n~ee, an~ in fhp even! any sum o~ money becomes paya6le by virtue o~ such insurance f~e
mortgn~Pe s~~nll hare the rig~~t fo r~ceio~ an~ apply IhR same to the inde6tedness F~ereby secured, accounting
to 1{~~ mortga{~or jor any surplus; to pay a~~ costs, c~a?pes, and expenses, i?iclucling ~awye~~s ~ees ane~ fil~e
sparc•h~s, reasonab~y incurrecl or paic~ ~~y ti~e morfgas)pe f~ecause oJ fhe jai~ure oJ fhe mortgagor lo prompt~y
ond ~ully ~~omply u~illi f~~e a~reem~nfs, stipu~afions, conditions and rnnenants o( said note an~ f~is mo~fgage.
or eif~~~r, [o per(o~m, t~omp~~ ioiili and abid~ 6y eacl~ anc~ erery II~e agreemenfs, slipulations, conc~itions and
rnt+~nnnts sel lori~ in saic~ nofe an~ this morfgage or eilher. ~n ftie event the morfgagor ~ai~s to pay when
du~ any fa.r, assessment. insurancc~ premium or ofher sum oJ money ?wya~~e Gy virh~e oj saic~ nofe an~ ftiis
mortga~~P, or ~ifl~pr, f/~e morfc~ac~c~e• may pay f~e same, wifhouf u~nining or a~Jecting t~~e opfion !o Jorec~ose
or any olher ri~~hi herPwider, and al! such paymenls shall 6ear interest Jrom date Ihpreo~ at Ihe hig{~est law-
, ~u~ rate ih~r~ allotred 6y tl~~ ~a~ns o~ tl~~ Slale o~ ?=lorida.
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anv sum o~ mon~•v ~~Areiu re(e?re~ to he not prompfly paid uaithin t~~/ ~ays nexi a#ie~
il~e samp 6ecom~s du~. or i~ eacl~ an~ ei•ery Ihe a~?eemPnfs, slipulalions. condilions and conenanls o( said
not~ nnc~ fl~is mortgnge, o~ eitl~er, are riot ~ully perjormed. complied u~itl~ and abidecl 6y, then the entirp
sum menli~ne~ in said nof~, aud IF~is morlgag~, or f1~e entire balartce unpaic~ the~non. s{~all ~orlhwith or
iherea~ter, af f~~~ oplion oJ f~~e morlnnc~e~, be~com~ an~ E~~ ~Iue an~ payable, anyfhing in said note or tierein
lo fhP ronlrary nolwil~~sl~n~in~. f'ai~ure ~~y I~ie mortga,qpP to exercise any o~ f~~e rights or aptions {~e~ein
pro~~i~~~cj sha~~ not CA/1SIIIUIP a u~ain~r o~ any riq~fs or opfions unc~er saic~ nofe or ttiis mortgagp urcrue~~ or _
t'IPM(I~~Pr QCf~Ufll(~. .
~n ~itness ~hereof~ ~~IP Spl~ morig:u~or I~ns herwunfo signecl ancl SPOIed these presenis ~~P
c~a~~ nn~~ y~ar Jirsf a~?o~~e ~nritfen.
Si~necl. seal~~I nn~ c~~~ir~rn in 1~~~ re~s~ o~:
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STATE UF FLnRIDA, ~
~ COl'~TY OF ST. I,UCIE -
I HEREBY CERTiFI' tt-~at an this day, before me, 3n
~ offi~er dulv authorized in the Statc aforcsaid and in the County aforesaid to {ak~ acknowledQmcnts, pcnonally appeared
CLAUDE C . TILId~SAti, Jr .
to mi~~ knoti?a to Fx the prrson described in and who esecut~d the fore¢uinQ instrument and he acknowledged
beforr rne that he ~xccuted the same. ~ •
~YIT~ESS m~ hand and of(icial seal in thr• County and Statr last afor~said this ~Ti a~tl day o(
~Jul,y A. D_ 19 71E . `
.i ` LCo~ ~
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D No~ary - bli~c, ~~~at - o~f'FloriiIa~~ a- . ge
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~ Sj~`tii: ~ . N : ~~4 L ~ ~Y Tt(r .
` ~ ~ , ~ ; ~ ~~~T N~r Commission Expires : 4- JY
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7%r~ I~t~Ina~rr~d(~g6c~ ~`L:1. Sk)IIO ~...5` ~1t. U R 23U PAGE ~7V~
~r:; .•1JJrr.,c Attomey at law . . 8001(
328 jo. 2nd
~ FT. PIERCa. FL~;
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