HomeMy WebLinkAbout0842 ~n~ shall p~?(orm, comply with and a6ide 6y ecu~l~ aucl ei~ery If~e agreemenls, stlpulot~oris, co~iditeons and
conenonts thereo~, and oJ Ihis mo~tgas~e, Ihen this mortgage a~d the eatate f~ere6y c?eal~. :I~eI~ ceass, de-
fnrm~ne ancr ~~e nu~~ ant~ iroir~.
Iil~ll ihP mortga~or E~en~by (urlhe~ cooPnanls and apreea to pay promptly whan due the p~t~cipal and
inlernsl an~ oltier suma o~ money provided jor tn saic~ note anc~ Ihb mortgage, or PII~e~: fo pay a~~ wtd
singu~ar the ta.rps, assessmenfs, ~rvies, Iia6ililii~s, of~~t~nlions, anc~ encumbmnces oj every nafure on said pro-
pe~ly; to pe?mit, commif or su~fer no u~aale, impairmenl or ~elerioration o~ saic~ ~and or fhe improvemenls
thP?r~n al any IJmp; lo ~PPp II1P F7UII~Iinns now or he?ewJl~r on said land jully insure~I in a sum oj nol less
lhan aI~~T INSURABLB VALUF~
in a company or companies accepta le to the mo?tgafle~, the policy or polic~es to 1~ hPld 6y, ond paya6le
to, satd ma?Iga~ee, a~~d in tl~e even! any sum o( mon~y becomes ~ya6l~ 6y vi?tue o) such insurnnce Ihe
mortga~ee shall ha~~e the rifltii to IP('PII~P and apply Ihe sume to Ihe inde6tedness here6y secured, accou~ting
to f{~e morf{~a~or (or any su?p~us: to pay a~l costs, e~:a~es, and expenses, inclucring ~awyer~s jPP1 and fit~e
sParc~es, rrasonnb~y in~urre~ or paid 6y IRe morlgagPe becacue oj the ~at~ure o~ !~e morlgagor lo prompf~y
an~ f ully comply wil~ the ag?eemenfs, slipu~ations, conc~ifions and rnvenants o( said note and tF~is mortguge.
or eif{~pr: to per~orm, comply u~itl~ ar~~ a~6tde by eac{~ and every Ihe agreements. stipu~ntio?u, condilio~s and
rni~e?ianis set Jorfh in saic~ note anc~ t~?is morlgage o~ eit{~e~. ~n ltie event f~e morfgagor jai~.t to pay w/~en
due any tax, assessment, insurance premium or ofl~e~ sum o( money paya6le 6y uirtue o~ said nofe and lhts
mortgage, or eifher, 1{~e mortgaflee may ~,y ~l~e same. ~uif~oul waiving or aJ(ecting fhe opfion to (orec~ose.
or any olher ric~let Iierpun~Ier, and all such pnymenfs shall 6ear intprns~ (rom date lhereo~ at the highest law-
~ul mfP Ihen allowed 6y thp lau~s o~ tl~e State o~ Flo?ida.
ll any sum oJ mon~y tierein re(errec~ to ~e~nof prompl~y paid wilhin 3Q c~ays next n~fer
Ihe same 6e~omes due, or iJ each and ei~ery IF~e agreempnts, siipulalions. conditions and cove?innts o~ said
note nnd Ihis mo?I~a~~P. or either, are not f
ully perJormed. complied witf~ and a6ided 6y, then lhe entire
sum menlton~ in said note, and fhis mortflage, or the entire balnnce unpuid t1~e~eon, s1~all ~orlhwitl~ or
Ihereafter, at tl~p oplion o/ the mortgagee, 6ec~ome and 6e due and paqa6le, anything in said note or herein
to t{ie confrary noltvithstanding. Failure by f~e mortgagee to exerciae any of fhe righls o~ options ~erein
proni~ec~ stiaj~ not COfISIlIl1IP a u+aiver of any rig'ifs or options uncrer saicr nole o~ this mo?tgage acc?uec~ or
f~ereajl~r accruinp.
]n ~DiUl~s ~~~ol~ I~~e sai~ morfgngor tins ~~ereunto signecr an~ sen~ec~ ttiese presenis fhe
c~ay nnc~ year Jirsi abone fen. ~
$igne s~ a in e presence o~: /
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hn R. Rea ~
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STATE OF FLORIDA, ~ ~
COL':~TY OF ST. LUCIE
I HEREBY CERTIFY that on this day. be(on me, sn ~
o(ficer duly authorized in the Statc aforesaid and in the County afon~said to take actnowledgmenu~ personaUy appeared i
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John R. Rea ~
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to me known to br the person deuribed in and who e:ecutcd the torcqoinq instrument aad he actnowkdsed ~
be(orc me that hgxecuted the same.
WI1'ASESS my hand and o(ficia) seai in thc County and Statr last aforesaid this a~Y ~
_ SQptember A. D. 19 74 /
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4` • ? F ~ ~ ~ ~ . .9 . C sion e~cpires :
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~y_ :
~j Notary Public, 5tate of Flwida st Lara~,
~ F LEO AKt~ NE~ORDE~
~ aJ n~ ~G . S~.LUC!E ~v!1NTY flA. My Commission Expires Sept. 1, 1977.
, ROGci* ~4i'RAS
~ ~ r C(.EpK v'~+S~~U! i COURT
` J.~"; . ~'E:~~ri ~IE~'F~~~~,.,~ ~
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'r, :,.`•i $E'15 !22?PM' ~
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This 1?u~ni»uit! prrpnrrr~ by:
A~~rliz'u
_ Bo~ 2~32 ~A~ 84~
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