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HomeMy WebLinkAbout0377 and sha~~ per~orm. comply wlth and a6ide 6y aucT~ nnd ei~ery ths agreeme~t~. alipubllont, 'condtlio~s and corenants t6ereo(. and o( fhi: mortgaps. Il~en Iht~ mortgcgs and Ike s~tate hsre6y c~sat~d, ahall cews, d~- termins ancl be null anc~ ~wic~. , ~ ~ the mortgogor ?~en:by Jurlher covenants and agrees to pay prompily wkea du~ ths principol and infe~r~l and other su~nt o~ money provlded lor tn sa~d note and ~ht. mo~tgage, or eilhs~: ~o pay oll and a[ngu~a~ fhe faxes, wsessmenfs. ~eviei, Itabi~tties. ob~tgattons, nnd encum6rances o~ every nature on said pro• perfy; lo permtt, commf! or suf(e~ no wa+le, tmpa~rment o? deferiomfio~ o~ ~td la.~d or If~~ lmprouementa ll~erecn at any time; to keep the buildinga now or herea~ter on said land )u~~y insure~ in a swn oj not ~ess t6an . , . - irt a correpany or companies acceptab~e to ff~e morfgngee. fhe poUcy or poUcies to be Aeld oy. anu payaoN !o, said r?iortgagee. anc~ in fhe evenf any swrt o( moRey b~c~omea ~xiyable- 6y virfua bJ auck insuranco ihe mortgagee shall have fhe right to receiue and apply the snme to tl~e lndebtedness hereby:ecured, acoow~ting . to the mortgagae ~o~ nny aurplus; to pnp o~~ crsts, ctia?9es. and expe?ues. inc~ue~ing ~awyei t ~ees and t1t~e ~ aearc~ea, ?easona6ly incurred or patd by the morfgagee because o~ t~e ja[lure o~ fhe nwrlgago? fo promptly ond jully oomply wifl~ the agreemenls, sfipujafions, condittons and covenunls oj satd note and t1~is ~nortgnge. o? eitf~er: to per~orm, comply witk and a6ide 6y eacl~ and every the agreemenb. aRpu~ations. conc,ilions and covenanls set forfh tn said note and t~is mortgage or either. ~n t1~e e~ent the morfgagor f~tt~ eo ~xir when due any tax, assessment, tnaurnnce premium or otl~er sum oj money paya6le 6y virtue oj said note and this morlgage, or ett~er. Ihe mortgagee may p4y ttie same. wit~out wniuing o~ uf~ecftng t{ee option to (oreclose or ariq olher rtght f~ere~unde~, and nll sucl~ paymentt shal~ bear interest /rom date tl~erroj at Il~e I~tghest Iaw- ~ul rate Ilten nllowed 6y t6e lows oJ tf~e State oJ Florida. 7` any sum oJ money herein ?e~eRed to 6e not promptly paid within THIRTY (30)da~s hext a`ter tl~e same 6ernmes due, or if eac1~ nnd every the ag?cemenls. stipulalions, eondittons and covenanb o~ satd note and tl~ia mort9age, or eitl~er, a~+e not (ully per(ormed, rnmplied with and ab~d~d by. Il~en the entire sum mentio?~ed in said note, and thia mortgage, or the entire balartce unpaid the?eon, shnl~ jortKu~Ith or therea~ter. at the~ option o( Ihe mo?tgagee. become ~d be d~ ~d payn6[~. nnyt~tng in soid note or herein _ to t~e c~ont~nry nofwithslanc~ing. Fai~ur+e by t~e mortgageR !o exerrise an~ oE t~e rtg~ta or opfions heretn provlded si~all not rnnstilute a waiver oj any rights o~ options under said note or this mortgnge accrued or ~ tl~ereuJter acc?uing. ~n the said mortgagor ~as F~ereunto signecl and sealed lhese pr+esents the c~ay anc~ year (irst a~iove u~rilten. Signed, sealed and deliueretl in ehe presence o/: ~ , . - - - - - - - - - - . - - - - . DAVIDSON ~ . . ~ - ~ - J ~ ~ STATE OF FLORIDA~ ~ ~ CoUrrrv oF ST . LIICIE I HEItEBY CERTIFY t6at a? this day. bdort mc, an ofticer duly authorized in the State a(o~esaid and in the Gounq afore~id to take ac~iw~rkdgmeob. PenonallY aPP~~ MYRON E. DAVIDSON to me known to be the pesson 8 dtscn'bed in and who acecuted the forcgoin~ imtrument ~d who ~~t~~6~ before me that tbey executed the same. : WI'1'N S my I~and and o(ficial seal in t6e County and Sute last aiorcsaid this ~S~ ~Y ~ ~P~"'~~~ A. D. 19 / y ~ : % # , ' . - ,?E~,..::; ~ f , t~~,+ _ • s:: "}:;~-k. - ~F F;'-.. .t'',-, : OALE L WIRYEShc1. ~ ~ ;~O lt01ARy PUBLIC STATE OF F10RIDil1 AT U1RGE u~,, ~~~'j ? j~ (7 ~.'~'S , M1f OOMMISSIOM EXPUtfS MARCM 31, 197~. J a. 4 ..,i ~ . .f•y~ -r~~~`t~i~~~~'~ K;~•~ •3.~_ ?I )/y~y~• ~ , r~ ~ ~ 1~~~.•it' i~Gi . ~ . ~~r'~.i. Q~ v~Y~`• - _ F' ~ ~ e ~Y_ ~t " ,-j. ' 1~~ .~`.~a~ i~ fllf0 AMU nECUROED ` ' • Q~1n~~~`~~'+~-~' ~ 3T. LUCIE COUMPASLA. . ~ t.. ~ , R4~~~.~~ =OiT ~ c CLERK C;:..UIT COURt ~ ' - ~ RECORD Y~~~ rlEO . - ; . , , 7 _F ~ Nor 11 3 z9 PM'7~1 ; ' ' T1rus~f{~liunrtirt. Z~~~~ . . _ . ~ A~ldrar; d00K~~ M6E _h ~i;y 'J rxs . . . . ~ ~ ~r ,3- sr ~ ~.~~~w.*~~ "'~..x~~de._,.~....._~.. _ _