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HomeMy WebLinkAbout0228 arttl slinll ~~cr/onn, compTq u~itl~ ~,ncl ul,i~ic Ly cach uru! rv~•ry N~c u~;rrcn~e,~~~ts, stipulatio~~.s, conclitioru and cocerwnts tliercof, ancl o/ Ihis ~nort~;n~;e, fhen tl~is viort;;u~c u~ul N~c e~stute I~ereG~~ creuted, sliall cense, de• ierminc ancJ Le ne~l! Qrul void. ~ ~ t1~e mort~;a~;or hereby Jurtlicr cooenonts ur~d u~;rces to ~~a~ prompll~ icl~en due the principat and interest a?id other sums o/ »~onerJ J~rouided /or in snid note u?ul this mnrt~;a~e, or cid~er, to ~~ay all a~ui sin;;ular the taxes, assessments, lecies, liubilitics, oblitintio?~.r, ara! enct~mbrartces of ecen/ tuiture o» said prop- ert~; to pennil, comniit or suQer no tcuste, in~jwirment or delerioralion o/ said land or tl~e irnNrouements thereon at ony time; to kee~ the buildin~;s no~u or hereu/ter ai soul land /ully i?u~~red in a sun~ o~ not less ~ than 7~venty one thousand three hundred and no/100 in a compan~ or com~wnies acceptaLle to the mortRa~;ee, t1~e Jwlicy or J~olicies fo Le 1?elcl l~y, and pa~~able to, saitt mortgotiee, and in the euent any st~n~ o/ »~o»ey l~ecomes ~wyable by virtuc of s~ic1~ i?~.surance ihe mortga~;ee shall have tl~e ri~;)~t to receiue and opply the snme to N~e indebtedness hereby sec~ired, accounting to ihe mortga~or for any surplus; to ~wy all costs, eh~r~es> an~~ expe~ues, includin~ la~cyer's ~ees ancl title searches, ~easorwl~li/ i~curred or ~wed by N~e ~nort~;a~;ee becuuse of tl~e /niiure o/ the niortga~;or to promptly and fully compl~/ icith the ngreements, stipulatio~u, con~litio?u arul cocenants of saul ~wte arul t/~is mortgn~;e, or either: to ~~er/vrm, com~~ly tcith antl abide by cuch und eueri/ tl?e u~;recments, stipulatioiu, concletia~.r and coverwnts set forfh in said note a?u1 this mo~t~a~e or eitlicr. In the event t?~e raortgagor fails io ~xiy i~hen due an~ tax, assess?nent. innirance premium or other sum of :roney ~w~able Ii~ virtue of said ~wte arul Hiis mortgage, or either, the mortga~;ce ma~/ Jxty N~e some, ~cithout ~coivin~; or oBectin{; the option to /oreclose or any oNier ritil~t 1?ereuruler, mul aIl sucle ~wyme~its sliall bear interest frorn date thereo~ at the hi~l~est la~c- ful rate t1~en alloued by t1~e laecs of 'tlie State of Floreda. mi~ sum o/ mone~ )~erein re%rred to be not ~~rompNy J~aid ~citliin thirty da~s next after t)~e same beco»ies cl~re, or if eacJa and ever~ the ugreenients, stipulutio~4s, corulitions and coverwnts of said no~e and tliis mort~u~e, or either, are not full~ per(ormed, complied uitli nn~l abeded b~, ihen tl~e ent've sum mentioned in suicl note, mu~ tl~is rnortruge, or the entire balunce un~~aul thereai, shall forthicitl~ or thereafter, at dre ol~tion o/ tlie mortgagee, l~ecorne and be due arut Jwyal,le, anJt/~ing in said note or herein to N?e contran~ notieithstanding. Failure GJ die mort~;aree to exercise any of the ri~hts or options herein Yrovule~I shull not coi~.stitute u u•aie3er of an~ ~i~;hts or opiions under soul note or this mortgage accrued or therea~ter accrui?~. ~n ~~111~s ~h~Ol~ the sned mort ;o~or lias hereunto si~;ned aiid sealed these'p~esenfs tlie dat~ a~ul yem ~irst ahoi~e u•rittcn. - Signed, sealec~ and cle(ivered in the presence of: -~='~---..•....1~~~:~~.~..-- - - ~ ~ . n _ ~w --~~~_,~,~f------ - ~.ti~.-- - - -`"j?~....~~~.--.-.--- - ' - - _ ~ . - .....I~ ; , ~ f . , - f [E f ~ ~ s STATE OF FLORIDA, ~ ~ cou:vrY oH ST. LUCIE 1 IIERERY CERTIMI' that on this day, before n~e, an ~ officer did~• autFH~rized in thr State aforr~aid and in thc County aforesaid to take ackno~~'1edRmen[s, Ix~rwnally appearecl f ~ Clyde W. Coble and Evelyn M. Coble, his wife d ~ to m~• kiH~~cn fn IM• thi• p~~r.un3 ~1~•x~rilx•il in :tn~l ~cIM~ i•~~Y~al~•~) t~n• 1un•L'uiuL in.lrunx•iit :~u~l they ack~w~~~lcdKi~1 ~ ~ ~ Ix•fan• iin• th:it they ~•~~~~~~ti•~i tbi• +:uui~. ; ~ ~1'll~\Etiti ~ny h:u~d aud ul~ici:d ..:d in tlu• G~imh :~nd tit:~ti• la.t :Jnrc~,ti~l this 3rd ilay of ~ F eb ruaxy.a. u. ~~?7 5. - ~ ~ ~ ~ ' `?,e.~c_ . ~pROEo c ~ z ._Ep a~0 o~~tY fta- ` ~ ~ ~ y~ ~u~1E ~~~~5~? ,~S ' NOTAP.Y PU3lIC STAiE p= FIOQ:DA AT t~kG~ ~ ~QQi~f~ . 1; L f.',Y CC!'.MiL:.'iv?F EX.°~.it".5 PE°. S. 1777 E~X C;..LV n BUN~ED THRL GEh,F,AL tNSUP,A'1C~ UVr,F~V,~STr?j F.~qR~ vER~itE- . ~ 6 ~1'~ ~ . ; ~ 4 ~Ee ~ g 3 - ~ :4 S- j y ~ :+~~~T,~ lJ~ /i• _ _ r`'~ ~ ,~t~ s": ~ - Y . ~ W' : :S' ~ ~ « ~ ~ ; ..t k~v`` ' G c~c~ ~~~i S ~i~ 1 ~ ~ ~ R ~;e,~V PACf ~+~+8 ~"`'~f~„~~~,?,,,,+~` _ I BOOK I ~ w fi r; k:, ' i ~ s: ~ . . ~ . . . . . . . . , . ....~„~,`r.