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HomeMy WebLinkAbout2462 an~~ sli~~~ p~~~orm. ~v~mp~y iailh an~ abide ~y eacti ane~ et~e?y the agreemeula. stipu~alions. cont/itions ond canenanis Ihereo~. and o) Ihis morlgonP. Ihen tf~is mo?t~a~e and thp estafe I~p.~6y ~.~a~~l, shall cease. de- fPrmine anrl I~p nu~l an~~ t~oi~~. - ~n~ 1{~P mo?I~anor ~~errby (urftier coi~enanls one~ agree~ lo pay prompt~y when due Ihe p~tncipal nnd - inte?rsl and o11ie~ sums o~ money proi~i~~I (or in sal~ note and ftits mo~lgage, o~ eil~e~; !o pay a~~ and singular fhe t~.res, assessmenfs, Ievies, IIA~IIIIIPY, ob~i{~altons, and ence~mf~ronces o~ every nalure on saId pro- perfy: to permil, commif or su~Je~ no wasfe, impairmPnl or cleleriornlion o~ :aid land or f{~e impro~~emertis therncn at any lime; to ~PPn IhP I?uildinfls no~n or hemajl~r on said la~~l /ully insure~I in u sum o( not less than highest insurable value in a company o~ companies arcpn~~blp to fhe mortgaflcM. Ihe po~tcy o~ po~tcies fo be tie~~ by, and 1wya6le . to, satc~ morlga~ee, ana in thp e~~ent any sum o( mon~y bec'omas puya6~e 6y t~trlue oj such tnsurance f~e morl~nnee :hol[ ha~~P Ihe riflht fo rc~c~ive and apply Ihe sume to the inde6ted?iess hereby sRCiued, accounting to f{~p ?nortga{~or ~or any surplus; fo p~y a~~ costs, cha?ges, anc~ PJCPeI1JPl, inc~uding ~awyer~s ~ees anc~ tit~e searches, reasonn~~~y incurrpcl or ~wi~I ~y f6e mortgagee beca~ue o~ fhe ~ai~u?r o~ fhe morlgagor to prompl~y ancr Jttllv c~omply wit6 Ihe agreemenls, stipu~ations, conrrilions anc~ rn~x~nants o~ saicl nole an~{ fhis ntortgage. or either: to pe~rJorm, comply u~itl~ and a6icle 6y eacl~ ond every thP agreemenfs, atipulations, conditions and co~~enanfs set (orlE~ in saic~ note ane~ t{~is mortgage or eittier. ~n fhe Fuenf Ihe morfgagor ~ai~.s !o paY when due any ta.r, assessment, insurance premium or ol~er sum oJ money poya6le by virtue of said nofe ~~d ~h~s mort~nge, or eilGe~, f~~e morfga~ee may pay tf~e same, ~a~iftiouf u~aiving or a~(ecfing the opfion to jorec~ose or any oll~er rigl~t lier~uncler, ancl ol! si~ch payments shall 6ear inle~est jrom date tftereoj at ~ke hi9hest Inu~- (uI rafe 1{ien al~ou~ecl 6y ihp ~au~s o( tl~e Stalp oJ Floricla. nny sum oJ mun~v ~~erei~~ rP(Prrec~ lo he not prompt~y paic~ u~ilhin f i f teen ~ays next aJte~ f~~e same ~~pcomes au~, or iJ eac~~ an~I every t{~e a~~eem~nts, stipu~nfions, rnnc~itions an~ covennnls oj sait~ note and tj~is morigac~~. or Pither, are nof fully p~rformetl. compli~I witl~ and a6ided 6y. Il~en the entira . sum mentione~~ in said nolP, anc~ this mortgage, or thp entire 6a~ance unpaic~ thereon, sha~l forlRwith or Il~ereajter. al !he oplian of t{~e mort~a~ee. ~ecome and be diie and paya6le, anvthing in said note or herein to fhP ~onfrary nolu~itF~sfancling. I'ailurp ~y t{~e mort{~aflee fo erercise any o~ f~e rig~fs o~ opfions herein prori~c~ s~w~~ nof COt15IlIUIP Q U'AIDP~ O~ any ri~{~fs or options un~pr saic~ nofe or fhis mortgage accruc~ or thprnajter accn~ing. ~n ~itness ~hereof~ tl~e said mo~fc~aqor l~~s {~er~unlo signpcl and s~a~ed Iltese presenis tl~e ~ny anr~ year Jirsf af,ove u+rillen. ~ Si c~. sea~ecr an ~~~i~~erec~ irt Iti~~res~nce o~: - -l/, ~ y/~ ~r-~ 1 ~ - . . . ~ Wi 11 am .F: Talb - - . - - - - ~ --L.'c~------ - -~j--~--w~- e ~ t ~ ~ ~ - - ~ Pa 1 P. ~Orake ~ ~ Q~~ ' q,~,C~ ~ ~ - - - - . - _ _ . _ 9 Mar aret . Drake, his wife STATE OF FLnRIDA, ~ ~ COt \TY C)F ST . LUCIE I HEREBY CERTIFY that on this day. before me, an o(firer dul~• authorizcd in the Stat~ aforesaid and in the Count7• afon~said to takr aclnowlcdqmcnts, p~rsonally appeared WILLIAM F. TALBOTT and LINDA L. TAIBOTT, his wife, and PAUL P. DRAKE and MARGARET P. DRAKE, his wife to me known to bc th~ prrson 5 d~scribed in and who e~:ecuted the fore¢oinq instrument and they acknowledged beEor~- mc that they ~~uted thc s~me. ~~'ITtiFSS my hand and of(icia) seal in thi• County and Stat~• last afor~said this ~t day o[ October D. 19 74 / . . ~ - - . . Nota ry Pub 1 i c ~tge, ?~Fotary Public, Sta:e of f~O~i~ j977. l~fY Lommession ~xP~res SeP • ~ Li0 AttO REC~R~~ ~ Weie eouw Y Rp~Ea Po?~a~5 , . ~y Cl~lllt C?'i,11:T COURT ~ L. . . a . ~Y ~'+M'~.. .:;K; t~;= afcnttn ve!~~~~E~...~.,...-- ~ ~ ~f~~: ~ . ~ , : ~~~~~;:.~~~Y, ~Z~ - r_ ; 2 57 eN f~-.,.__~~ . :`._,.r,3; ~ ~ ~ : _ ~ ric ,M~'~ j- 2933~6 . _ . • / 1~ . i~_ . 1^ n ~ f~•f . . - ~ : ~ (J3 ~y~•i..':.~, ' ~r` t:.;;~1.'ht~:IIYJlTAjIX71~ pJC~xTriel l?y: JOHN HUME, ESQ. ~ HODGE SWAN AND LARSON, P.A. ~ . GRNiAM, , ~~~'F~,~°~ 3081 East Cortmercial Blvd. ~ R n _ , 246~ , ` Ft. Lauderdale Florida 33308 a~~~~...J~ VAC: , : _ S i 6 . . ~x,~' rr~.~= s.xa.~~a;.~=-K;w~ ? ~ =a~ ..~ai ~ _ , ~ ._~~~~?;~~~'~r ~J-:-, .:3 I . _ . ~~.c...-s.