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HomeMy WebLinkAbout1801 and sh~ll p~rJorm, comply wilh ~nd ahide 6y ~nch and eoery tl~e agreements, atlpulalio~'s, conditions and corenanls thenwJ, and oJ 1/~is mort~ac~e, f1~en fhis mort~a~e and 1he estale he~6y creatpcl, sF~al! cease, ds- te?mene ~r~~ ~x~ nu~~ ancr t~oi~~. ~n~ 1~~~ murtna~~or ~iemtiy (u~lher rnvenanls and a~rees to pay p~ompt~y u~hen ~ue Ihe principal and inferesl an~ ol~~er sums o~ mon~y providcKl jor in saicl nofe and this mo~fgage, or eif~e~; to pay a~~ and sin~ular 1he lar~s. ass~ssm~nfs, le~~ies, lia6ilili~s, u6li~alions, and encum6rances o( ei~ery nature on said pro- pprfy: fo {x~rmit. commif or su~fer no wasle, impairmenf or ~eferiomfeon of sait~ ~an~ or fhe improvemenla I~u•?rcn af any lini~: fo ~r~ep f~~~ ~~ui~~~inns nour or herea~f~r on c~ic~ ~an~ ~ully insure~ in a sum ol nol ~ess tha?~ highest insurable value in a company or ~-ompanii•s accenta~~~e fo I~~e mortgaf~~P. Itip po~icy or po~icies to he hpld 6y. ancj payab~e fo, said morl~~a~pe, and in Itie et~~nt any sum of mon~y 6ecomes puyable by virtue o~ sucl~ insurance the morf{~agPe shall ha~~e Ihe right to receine and upply the same to 1{~e inde6tedness here6y secured, accounting fo fhe morfc~anor ~or any surplus: fo pay a~~ cosfs, ~~hnrges, anc~ expensns, inc~uJing Iawyer~s fees and fil~e searcl~~s, rpcuonahly iniv~rr~rl or na~d by ~hp morfgagee ~PCAItSP of fhe fai~ure o~ I~e morfgagor fo prompt~r ant~ ~u~~Y c'omply u~ilh tf~e agreemenfs, sfipu~nfions, con~ifions ancr ~oi~enanfs oj saic~ nole an~ I~is morfgage. or eit~ier; fo per~orni, comply iuifh and a6ide 6y enc{~ anc~ every the ngreemenls, siipu~afions, conc~itions antr coi•~nanls set jorlh in sai~ note nncj fhis mortgage or either. /n ihe evenf ttie morfgagor ~ai~s lo pay when due ariy far, assessmPnf, insuraricp p~emium or of~er sum o~ money paya~?~e tiy i~irfue o( sait~ nole anc~ ttiis morlfln,yg, or PIIIIpr, IIIP morl~ag~e neay pay Ihe same, wit~touf u~aivinq or aJjecling ftie opfion to ~orec~ose or ~ny olher ri~il~f ~er~tuu~~r, and ul~ sucl~ paymenfs shall hear interest ~rom date thereo~ a! the {~ighps! Iaw- ~u~ rale t~~en n~~oioe~~ ~~V 1/~e ~au~s o( If~e Statp o~ t'~ori~~a. Dl any sum o~ mon~~y +~er~i?t re(Prre~ fo he nof prompt~y pai~ within 3~ ~ays next ajler f~~~ samP ~ecom~s ~u~, or i~ e~ch anc~ ~~~ery Ih~ a~reemPnfs, slipulalions, nonclilions an~ couenants o( said nole nnd tl~is mort~~a~~~, or ~itl~~r, a~e not ~ully per~ormPd, complied witl~ and a6ided by, fhen the enfi~e sum mentioned in sai~ note, a?id 1F~is mortnage, or 11~p e~lire balance unpaid Il~Preon, sha~l ~orif~u~it1~ or Il~ereaffer, at f~ie option oJ f~ie mort~agee, tiecome and bP due and paya6le, anything in saic~ nole or herein to Ihr confrary nolu~il~~sfanclinn. Failure hv fhe morlgaqep to exercise any of the righfs or options ~erein proi~i~~i+c~ stio~~ nof constitulP ~ u•aii~~r oj any rintits or opfions unc~er saic~ nolP or f{~is morfgage accrue~~ or ?~~en~~lf~r nri•n~ing. ~~N~~.7 ~hereof~ (~lP SOItI morfga~~or ~1pS ?IpfP11f1~0 SIqI1P~ AII~ Spp~et~ tl~pse presenfc ~~P ~ r~ay an~ y~r Jirsl n~~oi~e ~rriffen. I $igree~. seo~~t~ ant~,~P~i~~~r~~~ in 1{~~ pr~ PI1CP o~: -1~, 1 • . - - - . - . • ~ John G. un - ' r"~ ! . i.. - . . . ; Beve V Youug - - - , _ - . . - - - . . . . . . - ~ , ~ - ; ' ~ ~ _ - - - ~ ~ - - - - - - - ; ~ i ~ i ~ E STATE OF FLnRIDA, 1 i COC~TY ClF ST. LUCIB i i I HEREBY CERTIFY that on this day, be(ore me, an ~ o(ficer cluly authorized in the Stat~ afor~said end in the County afor~ said to takr acknowledQmenu, prnonally appeared ~ ~ JOAN G. YOUI~iG and BS{TSBI,Y V. YiUUNG, his Wi fe 3 to ~n~• known to br the prrson8 described in and who executed the for~¢oinQ instrnment and they a~knowledqed ~ i befom me that they ~~~cuted the same. ; ~ ~~~I'l~\ESS m~ hand and uf(icial seal in thr County and Stat~~ last a(orrsaid this 17tt1 day o( i J n. ~975 ~ =~y ' 1 _ _ ~ ; . ~ . _ . . . ; , . . t , ~ ' . S . ' . . . • s - ~ . , _ . . . . i - ~ ; ; - Notary ubl ~ _ ~Dy' DALE L FUIRMESdN, t ~ J~~~ i y..: w • NOTARY PUBLIC STATE OF fIORtD~II AT UIRGE ' r ~ " . . . - Mr COMMISStON EXPIRf.S ~MRCH 31, 1975. ~ ~ ' r~ t lG ,t =r' ~7 : ; ~ ~ ' r ~``~954~ : ~ y~..~ y ~ ~ . . : _ ~ : ~ ` ` ' . f LEO ~MO RECQ.AQE ~ ~ ~ S~-LUCIE COU~~s~ l E10..~~ ?0 ~ " ClfitK G1:,CUiT COUfIT ~ x~ ~ REC~R011=F~F~~~ ~ i i,~~ i„~,.,,,,,~-,~, ~n f,,,n,r i~y: ,1~ tl 2 41 PM'75 S;, ~ :1~/~/r~:cc ~ eceK~S vncE~~ ~ ~ ~ ~ _ ~.wb. ~____r _ _ ~ _ . = - ~