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HomeMy WebLinkAbout2639 f anct shail ~~cr/onn. comply ~cirh u~ul ul,ule by cnrl~ unil e~ci•r~ tGa u~;rri+mcnls, s~iptclcrtiv~u, ru~ulitioi~.s and ~ covenants tGereo/, arul oj this u~ort~;aRe, tl~en this nuirtru;;~~ u~ul U~e cstute l~crcl~y eveuted, shu11 cease, de• ~ termi?ie and t~e nul! aru! coi~l. ` ' ~ ~ the mortga~;or hereLy /u~ther coe~e?wnts a?ul u~;recs to ~xiy Nra?iptl~ w1~en due tlie pri~uipal arul ' interesi and othe~ sums of moneJ j~rouided /ar in said nate a?ui N~is nrort~;age, or eitl~er; to jw~ a11 arul ~ singular the iaxes, assessn~e~~ts, Icuies, liabilifies, oLli~atiar~s, and e~u~unbra~~ces of euen~ iwture on suid prop- erty; to perniit. comn~it or suQer no ~caste. im~wirn~e~~t or deterioration oj said larul or tl~e in~prouements thereon at any time; to keep t)ie l~uildin~s now or hercajter on saul lund /uU~~I, i~ueued in a sum o/ noi /ess than Forty Five Thousand and no/100 Dallars (545,000.00) in a company or companies accepfal~le to the mortga~ee, the polecy or policies to Le )~eld by, and jw~~able to, said mortga~;ee, ancl in tlie eue~it ar~y s~un o/ mmiey becon~es ~w~~able Gy virtue of sY~c1~ ir~,nnunce the # mortgagee s)~all have N~e ri~;ht to receioe nnd apNl~~ the sarne to tl~e indebtedness l~ereGy secured, nccountinb ~ to the mortgagor ~or any surJ~lus; io jw,y all cosfs, c)~ar~;es, aiul expenses, includin~; la~4yer's /ees and title ~ searches, reosonal~ly incurred or ~wid I~~/ the mort~atiee l~ecu~ue of the fail~ire of tl~e mortgagor to promptly arul fully co»~ply ~cith the agreements, stipulafions, corulitio~u a?ul covenants of saul ?wte and this mortgage, or eiN~er; to perforni, com~~ly icith arul abule l~y cuch and eren/ the agreements, stipulations, coiulitio~u and i cooennnts set forth in saul note anrl this mortga~;e or either. ln ihe eucnt tlie mo~'tgu~or fails to pa~/ u11en due any tax, assessment, i?uurance prernium or other sum o/ :na~ey payable by virtue of said note arul tliis mortgage, or either, tlie nwrt~;a~;ee ma~~ jwy the sanie, ~crN~out ~caiuin~; or a~ecting ihe option to foreclose or any otl~er riglit l~ereuruler, a~ul nU such ~wyments sliall Lear interest fro?n date ihereof nt t1~e hi~hest la~c- ful rate ihen alloued by tlie la~cs o/ il~e State of Floricla. any sun~ of mone~ herein re/erred to l~e not J~romJ~N~ ~wul icithin thirty days next after the sa»ie becomes due, or if each arul euery tlie agreements, stipulatio~u, conditions aiut co~enants of saul note and tl~is mort~a~;e, or either, are not fully per/ormed, com~~lied uith mul abiciec~ bJ, t)~en the entire sum mentioned in said note, and diis mort~;age, or tl~e entire Galuncc unTwicl thereon, shall forthtcitle or ihereafter, at tl?e o?~tio~i of tl~e mortgagce, becorne and be due erut payable, anJtliing in saul note or herein to ihe contran~ not~citl~standin~. Failure by the mort~;a~ee to exercise am~ of il+e rig)its or optioru l~erein prouuled sl~all not constitute a uaicer of any ri~lits or optio?~,s u?uler said note or this mortgage accn~ed or thereafter accruing- ~ ~n ~t~~ the said mortga~;or has l~ereunto signeci and sealed these presents t1~e day arul year first ahooe u-ritten. Signed, sealed anel delioered in the presence of: ' ~ ~ ~ . ' ` ' ~ --•..i ~ J r -~~t:..st--• ..'...IJ`~f /•T _ . ' \ . ' , J ~ ~ ( ~ ~ ~ ,i/ ~a'~ ~ (tt~C t:E.••-~..._ , -ol-: t-~.'~~-•-_['~-----~ ~r ~ - - J • . ~ - - ~ - - I - ~ , _ ~ F:Lf~ kT' _'~''-,~jf ft~+- ~ i!S[.:~ ;~~,s - - ~ . ~ ~ - ' . . . i • •-•-------......-•------•-~-•---•-••-----{~~-.....•-•`-'--•='~5 - ~ ~ ~ _ • - v':,,,,, ~ p~ ~o ~ 2~ ~1M'Z~ ~ ~ STATE OF F'[.ORIDA, ~ ~ cou:~'n or S t. Luc ie I HEREBY CERTIFI' that on this day, lm(ore me, an ~ •officer duly autM?rized in the State afon~said ancl in the County aforesaid to take ackno~~~ledgments, perconally appeared Richard A. Flanigan and Alice J. Flanigan, his wife y acknu~~•ledKt~cl tu u~~• k~a~~~n G~ lH• dH• ~x~r.~~n ~li~a•rilxYl in :uul ~~M~ ~~~~rnti•~1 tlH• (un~Euiuk in.trum~~ut an<I the lx~(um ux~ tliat they ~'~~Y•~~titil ihi• .:uu~'. \l'17~\F:tiS ~n>• h:tnd :ind ul(ici:sl v:d in di~~ Cunuh :tnil tit:di• l:t.t :?fur~•..ud Ihic 15th day of August .a. i~. i~~ 74 . ~ _ ~ ~ NOTARY PJBi1C STATE pF F[p,rrinq AT LAx'C.F ~ MY CCti;~AI~s~~.; Fx~. E. 19~7 ~ ~ONDED ?N,RU GEhEfUt ~N$vkAACE UrID.RWRtTEiS ~ ~ , . ,,,,t,. _ . ~ ~ ~ Z' ~ Documentary stamps af f ixed to - ••.;:~~j ' ~ original note. _ 'y~`~- ~ ~ V: _ Q 9 :t:'__ Y'_' ~ _ ~.r_ _ ~ - a,~:f;> J~ t = ; ~ - 'c-~•Q';-`~~ ~ 0 R s PAGE ~J~ I ~ 900K ~?c7LJ ~ _ _ - _ ~ _ . _ _ . _ a ~ ~v~ ~ - ~~~~~P, . . . _ . . . . ~ ~ ` ~3 ~ ~