HomeMy WebLinkAbout1004 an~ sha~~ per~o~m, comply wtth and a6ids by each and eaery t1~e ag?eements, itlpu~nlion's, eonditto~u and
rn~?enants tl?ereo(, and of this mortgape, then thb mo?t9aee nnd ll~s ~stnts i~~br creat~d, ~I~aII c~ease. d~-
termine and be ~u[! and void.
~ thp mo~t~apor l~eru6y /urther covenanla w~d a9ree, to ~xir ~or~tly wl~e~ dw ~I~. p.a~~! a.~d
inferesi ancl ofher sums of money prouided (or in suic~ note anc~ I~ja moMgage. or eifher; to pay Qu and
singu~a~ t~e faxes, assessmenfa, je~tes, Iin6ililies. ob~igafions. ~d .~wnb.~w~~: o~ every Rnfur+e on said pro-
perty: fo permif, rnmmif or su~fe~ no waste, impairmenf o~ deferiorafton o~ :ntd la.~d or the In~proue~nenb
the~rcn uf any lime; to keep the 6ulldtngs now or he?~ewltcr on ~atd l~Rd /ully truure~ in n~um o~ not ~ess
thnn MAXIMUN INSURABLE VALUE
ia a compnny o~ rnmpanles acceptab~e lo t1~e mortgagee. !ke po~icp or poltctei !0 6e held br, and paya6b
to, said morfgngee, und in the event a~y sum o/ money 6ecomes ~ya6l~ 6y vtrtue oj suc1~ Inaunanca t6e
mo~fgagee shall have tl~e rigl~t lo receive and apply the same t~ !he indebtedness kere6y iecured, nmounti~g
to f~e mortga~or ~o~ any surpltu: to pay a~~ rnsfa, charges, and expenaes, including ~awyer s jeet and lil~e
searchps, reasona6ly incurred or paid 6y Ihe mortgagee 6ecause of !he jnilure o/ the rnortgagor !o pro~nptlr
and ~ully comply with fhe agreements, sttpulutioru, condiftons and c~o~?ennnts o~ suid note and Ihis morlgnge,
or eiff~er: to per(o?m, comply w~th nnd abide 6y encle and every !~e agreements, stipu~afiona, eondiliont and
covenants set jortl~ in said note and tl~is mortgage or eitl~er. In the event the rnortgagor ~uils to pay when
due any tax, assessment, insu?n~ce premium or other sum oJ money paya6le 6y virtus oj said Ro~e ~d th~s
mortgage, or eifl~er, f{~e morfgagee may pay t~e same, without waiving or aJjecttng t~e oplion to ~onec~osa
or any ofher rtght hereunder, and all such payments sf~all 6ear interest (rom dnte thereoj at the htg6est lau~-
~ul mte then allowed 6y the laws of tl~e State o~ Florida.
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nny sum oJ money herein re/erred b 6e ~not promptly paid _within thirty days next njter
f{~e same becomes ~ue, or iJ ~~h and every !he agreements, sfipu~afions. co~difions an~ rnvennnb o! said
note and this morfgafle, or either, are not jully per/ormed, rnmplic~d witl~ and abided by, then the entir+e
sum mentioned in said note, and this mortpage, or the entire bnlance unpaid t{ies~eon, s1~all (o?l6witl~ or
tleerea(ter, at the option o( Ihe mortga~ee, become and be due nnd paya6le, anything in said note or lie?ei~
' fo ftie conlrary nolu?itl~stanc~ing. Failurp 6y l~e mortgagee to exe?rise any o~ the rig~ta or options ~erein
prouic~ed s{~a~~ not constilutp a u~aiver oj any rig{~fs or opfions under saitj nole or f~is morfgage ace*ued or
t~erea~tcr accruing.
~n ~~lll~ ~h~Q~l~ the said mortgagor I~as hereunto signed and spaled these presenfs the
~ny anc~ year firat a6o~~e wriffen.
Signed, sealed and delirer~cl in the presence oj: _
------ll•V-..)_~~-`-•--~--••-----....--- y~'~-~-~----•-~
antuel Steel
, ; '
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~ Robert A. Cooper ~
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STATE OF FLORIDA.
CoL'N'I~r oF ST . LUCIE f
~ I HEREBY CERTI~Y chac on chis dar~ b~forc me~ aa a
officer duly authorized in the Stat~ a(oresaid and in the County aforcsaid to takr acknowkdgmenu~ penomlhr appeared ~
~
SAMUEL D. STEELE and ROBERT A. COOPER, ~
to me known to be the person S described in and who executed tht forrgoin~ instrument and they acknoMrkdRed
beforc me that they ~xKUtcd the same.
Wi7'1\ESS my hand and o(ficial xal in the County and 5tate last aforesaid ~h~ 30th a=r ~
?7UlY A. D. 19 74.
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Notary Public, State of Florida
~ at'Large. ~
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fy~ EO pk~~ Gi,H~Y f~A• ~ My Commission Expires: G-~~• ?
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