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HomeMy WebLinkAbout0471 and shall perlorm, comp~y wifh and a6ide 6y eacl~ and evory t1?e agree~risMr, ~tlpu~alioni, conclition~ and coi~enants tke?eo(, and oJ thia morlga~e, Il~en ll~ta mo?fgage nnd tl~e ettale he.,e6y crented, shall c~easa. ds- termins and 6e null and votd. the mo?tgaew he?u6y (urthe~ rnvenants and ngrees ta pay promptly when due the principul nnd tntereat and olhe~ sums of money provided (or !n satd nofe and t~li ~norfgage, or eifhe~: fo pay al! and aingu~ar 11~e faxes, assessmenfs. ~euies. Iin6tlilies. ob~tgafioru, and encum~+ancea o~ every naturo on iak~ pro- perty; fo permit, commlf or su~f e~ no waste. impai?ment o~ detertorallon of .atd la.~d or the tmpro~etnenb therecn af any time; to kppP ehe 6uIldings now or herna~fer on said land /ully iruurecl in a auin o! not ~eu el~on Thirty thousand dollars ($30, 000. 00) tn a company or companies ac~cepta6le to tl~e mortgagee, the pollcy or pollcie~ to 6e held 6y, and pnyn6le to, said rnortgagee, and in the event any sum of money 6ecomes ~xiyable 6y vi?tue o~ aucl~ Insurance the mo~tgagee shall haue t1~e rig/~t to receiue and ppPly ~he sa??.e eo ehe tnde6iednes, he~by :~~d, acoounlin~ to f~e morfganor ~or any su~p~us: to pay a~~ cosfs. ctia~gea, anc~ expenses, tncluding lawyera Jees anc~ fit~e searchea, rawsona6ly incu~recl o~ ~~d 6y the mortgagee 6ecause o~ the ~ailure o~ !he morlgagor !o promplly and /ully romply wifh fhe agreements, stipu~aftons, rnndIt[ons nnd covenontt o~ said note nnd lhis mort9oge, or eitl~er: to per)wm, comply with nnd a6ide 6y eacl~ and euery !he agreements, stipulations, oondifions and couenants set fort~ tn said note anc~ t~ts mortgaee or eit/~er. /n the et~e~f !/~e mortgagor (ui~s lo pay w~en due any lax, assessment, insurancc? premium or otl~e~ sum o~ money payable 6q virtue o/ said nole nnd this mo~lgage, o~ either, fhe morfgagee rr~ay pay t~e same, wittiouf wntving or a(~ecting fhe option !o ~orec~ose w any olher ri9{~t herpunder, nnd al~ suc1~ payments shall 6ear interest Jrom date ff~ereof at 1he higl~est law- juI rate thpn allowed 6y d~e laws oj the State o) Flortda. ~l any sum o~ mon~y herein re(errecl to be no1 prompily pai~I wilhin 3~ c~ays next o~ter t/~R same becomes due, or i! each nnd every fl~e ngreemenfs. stipulations. condilions and covenanls o) said note and t6is mortgage, or eitl~er: are not f ully pe~Jormed, complied wtth and o6~ded 6y, then the entire sum mentioned in said nole, and t/~is mortgage, or the entire 6alance unpaid thereon, shnll jorthwith or therea~ter, a! t~e opiion oj Ihe mortgngee. 6eeome and 6e due and payn6le, anyt6ing in said note or ?~erein to ihe contrary nolu~ithstanding. Failure 6y the mortgagee to exercise nny o` the rig~ls or options herein proaided shall not conslifuf~ n u~aiver o~ any rig~ts or options under said note or t~is morfgage accrued or t~erea~ler nccruing. ~n ~itness ~hereof~ the soid mortgagor has I~ereunlo signed and sealed these presenls fhe cray an~ year (irst ahot~e u~ritten. _ . . i- Si n, a e i~~ in the p ce . ~ • o , , ~ . ~L°-~-c,-k...------.~?.c"1!~- ; , - ~ C!~i y - ~ Jerome Pres 'o~ . ~l~ , t~ . _ ~ . -~-R=~- - - ------...~t~.,:~~ ' ----Q~ ~ .:~:Qc~ - - Frances Presepio ' 4 ~ : i ~ STATE OF FLORIDA. ~ Cou:~~nr oF St. Lucie I HEREBY CERTIFY that on this day~ before me, aa o(ficer duly authorized in the State a[oresaid and in the County a(oresaid to tak~ ackaowledgments, personally appeared JEROME PRESEPIO and FRANCES PRESEPIO, his wife to me known to bc the person S described in and who executed the [or~going inswment and they acEnowkdged beforc me that t~y e:ecuted the same. " F ~YI1'\`ESS my hand and of(icial stal in thc County an~ Statc last aforesaid this 20th of ~ 5~~~.$fi~Y' A. D. 19 7l} i ~ ~ ~ ' ~ ` ~ ~r \ I' ~'i . , , , • , L - C _ . ~ ~ t. c ~ f~ ~ - - ~ ~ i.,"~_r:t Notar Public, State{C Fl ~ a ~:,ti. . ; . y , : ~ My Corr~nission Expire . _ ~,T t : ; ? ~ : _ , - ~ , _ ' `,•,~s~~.\~~, ' ' ~ • ~ ~ • ~ ` ~ °~~•'~1~ ftLE~ ati0 R~t'.GROEO S ~ ,~j np ~~~`L_ =T. LUCIL L 7Ul11Y flA. V > ~ ~ ROCf ~ : 813RA5 ' CtERK CI":,;ulT COURT ~ ~ f:FC?~D VEF.IFIEp...~~~, ~ ~ 's S~ Z3 3 ~z PH'1~ ~ - aR~ l7rr"s I,~srn~~,~f~rt pnp~,rr~l hy: ~ P~'{ ~~1 292Q~~9 v~.r a~? ~ ~ m~,c~n,r~ ,u. ' auuceun s auua+uN ~ P. Q. &:z 3405, FoR Pietp~ - _ ~ - w,~.` ~ ~ ~ x : - - - - _ i. ,i._~ ~ . i~g ~'~''r'h'~,_~',~~ ~.~"~~°~x" 73 ~'sw" ~ II I ~ W~ -'#r ,,ry ' ' . .r. _ . . _ . . _ . _ _ .