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HomeMy WebLinkAbout2043 . ~ and aha~l p~r~orm, iwmp~y will~ an~ abide by pach nncl enery t/te agreements, stipu~ations, rnnditions and CO/'F?IQ?I~S ~fiP~('U~. O/lO O~ ~~113 mort~a~P. ~/IP/! ~~IS /110r~~aQP and I~e PS~Q~P I~ereby CMQ~PA, S~IQ~~ CPQSP, dR- ~ ~P/t111/1P A/l~ ~ IIII~~ QII(~ 1'Oll~. ~ . i Ii1L~ 1~~ morfga~~w ~~en~~~y ~u~!{~e~ conenanfs an~ ag~ees to pay prompt~y when due the pri~icipa! and ~ inlP~rs1 and ofhe~ sums a~ monry prot~ic~cKl jor in saicj note and this mo~lgage, or eifhe~: to pay a~~ ane~ ~ sinnu~a? ftip Inxps, assessm~~nls, ~eui~s, ~in~~i~iti~s, oh~i~afions, ant~ encumhronces o~ et~ery nafwe on said pro- pe~fy: fo ~>crmil. commit o? su~~p~ no u~asle, impairment or ~~eleriomiion of saic~ ~anc~ or the impronemenls IhPrrcn of ~ny lim~; to k~~n ihP bui~din~s nou~ or hema~l~r on ~aid land ~u~ly insur~I in a sum o) not less ~I~a~ Highest insurable value in p t~mpanY or ~-ompani.•s acceptnLlP fo Ihe morl~a~ee, the po~icy or po~icies !o be hpld 6y, and paya6le to, sai~ rreorf,yngee, an~ in I~~e ei~nnl any sum o~ money 6e~omes paya6lp tiy t~irlue of such tnsurance fhe mortgag~ shal! ha~~p Ihe rig6t to MCPIVP and apply the same to the indebtedness her~eby sectued, accounling ~ to 1{~e moriga~~or jor any surp~us: lo pay a~~ costs, c~~arges, an~ expenses, including ~awyer~s ~ees and fit~e ~ spnrcties. reaspnali~y i~currr~~ or pai~ hy fhe mort~/anee hecause of f{~e ~ai~ure oj f{~e mortgagor fo prompl~y antr ~u~~y e•omp~y u~ifl~ fhp ayr~~m~nts, slipulalions, coreclifions an~ coi~enanis o( saicr nole an~ 1{~is morfgage, ~ or eiiRer: fo pPr(orm, rompl~ u~if~~ anc~ abic~e by eac~ nnc~ enery ttie agrepmenfs, slipu~alions, condilions and co~~~nnnls spl Jori~ in said nofe an~ fhes morlgage or eit~ter. ~n l{~e puenf fhe morfgago~ ~ai~s to pay u~hen due any lax, nssessnt~nl, insurance premium or ol~er sum o~ money paya6le tiy v+?tue o~ sai~ note nn~ ttiis morl~age, or eit~ier, f{~P mo~fgngee may pay the same, iuithout u~aiving or a~fpctinc~ the option io Jorec~ose or any of{~er rigl~t {~erFiu~~er, and all such paymenis shall bear intPresl from date t~ereof at Ihe highpst Iau~- (uI rnfe II~r~ aUou,ed 6y ll~P ~~~ns of Il~e $tale of F~ori~la. ~ ~l Rny sum o~ mon~v'1P/PI?! re~PITP~ IO be nof prompl~y pai~ wittiin ten ~ays next offer ~~P S11I11P ~P('OIIIPS (~1lP, O~ t~ C'ACII antl et~ery Ihe agreemPnts. slipulafions. concll~lURS UII~ COl~P11(tR~S C< <~l~ IIO~P Afl~ ~1IIS IIIOf~QUI~P. O! PI~~IP~, qIP IIOt jUIIy per~0l1?IP~, complied IL~l~II ~rl~ a6~ded 6y, ~~PR ~~P enfire SUflI It1PI1~tOI1PQ III SQt~ /IO~P, QIl~ ~IIlS mo~t{~age. Or P P?1 ~lIP ~~nflCP Ufl~l~ lF~ereon, S~IA~~ f o?lhwith Or ~~PfPQ`~PI. (1~ ~he oplion O~ ~~1P morfga~eP, F~ecome and 6~ due and paya6le. anyl{~ing IR SQi~ RO~C O~ {~er~in to fhr ~onirary noRoil{~slanclin~_ Failnre hy fhe morl~ac~ee fo Pxercise any of t{~e righls or opfions ~erein proi~ic~ecl shall no! conslitulr a u~ai~~er o~ any rigtils or opfions uncler saicr nofe or l~is mortgage nccruec~ or f~~reajf~r accruin~~. ~ ~n ~~LIl~ ~IL[`LOL i~~~ sai~ n~orfg~gor ~~as I~erp~mfa signe~ an~ sPale~ f~pse presenls fhP cjay an~ y~ar ~irsf a~m!~e ~aritfen. ~ ' Si~~ne~. SPaIP~ antl ~P~i~~~r~t~ in f~p prps~n~p oj: -~t. - ~ - - . . _ . . - - ~ - - - t~ , ~ort- Pierce ~TQmeliuilders-~~~~ - Corp., a Florida corporation ~ - ~ - - - - - - - . ~ - - / ~ . . . - - - - - - - - : ~ ~BY c . ar---- E. -11~~ -..Fres~iden~-- ; ~ ; - - . _ - - ~ - - - - - - - - - ~ ~ i ~ € STATE OF FLORIDA, t ~ c~~ ~T~ c~F ST. LUCIE 1 ~ I HEREBY CERTIFY that on this day, before me, an oflic~r dul~• authorizrd in the Statc a(or~said and in the County aioresaid to tak~ acknowledqments, pcrsonally appearrd ~ ~ Harry E. Hall, President of Fort Pierce Homebuilders, Corp., ; ~ a kFlori~a cor~ora~io~ . ~ to m~ nown to the pr n escn in and who execut~d the forrqoin¢ ~nstrumrnt and he acknowledged j brfor~ me chat he cx~cuted the same. € ~ 1~'17'\ESS my hand anci official seal in th~• County and Statr last afor~said this da~ of ~ Jan~~ A_ D. 19 75 ~ _ . ~ . n ; s~~,-,.,~:~~ . ; . . _ ~ - - - - • : . ~ ' = • - ptp i, ate o~ FZorida . u -ti--~~ - ~ , g~ Nota c t ~ ILEO COUMTY F ~ . f~ ~ ~ fT.IUCiE L~. ~ t Large. ~ _ ~~j,~ R - " ~ C~ER CER ~OITRA& - ' . = K GI"CU~f COURT ~ _ ; - • - ~ RFCQRO YE"F~EOr..~~ My Commission Expires : _ _ ; . 1 •.l~*'•'~u~ • 1 a • ; Nefory ~ubUc, Stafe of Florido al le?y~ i x° r~•~'~ ~G; ~~t! = Mr Gommission E:pires Feb. 1~. 1977 3 ~ : t; :~~y~~.; ionded br Americon a e~~iry e,~. ~ ~ -:,,•;t ` ~ ~ ~ ~ ~ J ~ ~ 4 ~ ~ ~ . ~ ~ 17iis /~wnin~<~N fi~rpurr•~/ hy: i•,--r .-•:T P?E~'A,-^ pY: ~ . . ~ G-' ' - • - !'..:E~ ~ r. t ;~~,ln_~ . . _ . o R 235 2 ~ - s,~:;~ BOGK PAGE O~ ~ c~:. ~ ? _ . . _ ~ . . . ~ - -