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HomeMy WebLinkAbout2600 and shnll pe~~orm, comply with anc~ ablc~e 6y each nnt~ erery the ogreementa, stipu~attoni, condlttons and conenants ~hereo/, and oJ tl~t: mort9npe, then tl~t: mortgage and the estate I~ere6r crealed, •hall ceare, d~- lermtne and 6e nul! and uotd. ~Ilil thw morfgapor hercby (urthe~ coue~ants and agree~ to pay prompl~y when due ftie principn~ art~ interesi and othe~ sums of money provF~ec~ (or in snld note and t~ts morfgnge, or eiftier; to pay u~~ nnd sIngu~ar fhe laxes, assessments, ~eutet, ~inbi~ilies, ob~igntions, and encumbmncer of e~ery nafure on snld pro- perly: fo pc+rn~il, commif or suj~e~ no waste. impainr~ent or deterioi+ation o~ said ~and or f~e Improvementa • f1~p~rcn at uny t1me; fo Irepp Ihe 6uildings now or he?wa/te~ on said lund ~ull instued tn a sunt oJ not less tha., Eighteen thousand and no/100 dollars ($18, 000. 0~ in a company o~ companips accepta6le to tl~e mortgagee, the poltcy or pollciea to 6e held 6y, a~d Poya6l~ to, said morfgagee, an~ in fhe euen! nny sum of money becomes ~yn6l~ 6y virtue o~ such insurance fhe morlgagee stia~~ {~ave !{~e rig{~f fo receiue and upply 1he same to tl~e indebtedneu here6y secured, accounting fo f~e morfga~o~ lor any aurp~us: to pny a~~ cosls, charges, and expensea, inc~udl~g lawyer s~ees and fif~e SPAMhPS.. reasona6ly incurrecl or ~~d 6y ~I~a mortgagee 6ecause o/ the jailure o/ the morlgagor to prompt~y and /u~~y comp~y wilh Itis agreemenis, sttpu~afions, cone~~tions and eonennnis oJ said note ane~ f{~is morlgage. o~ eiftier; to pe.rjo?m, rnmplv with and abide 6y eacl~ and euery the ugreements, sfipu~ations, rnnditions an~/ covenants set Jor~h in said note and this mortgage or either. /n the event the mortgagor jails to pay u?I~en due any tax, assessment, insurnnce premium or other stim o/ money pnya6le 6y virtue o/ snid note and this mortgage, or eit~er, f~e morfgagee muy pay ll~e same, wIt~out wnlving or aj~ecting !he option !o ~orec~ose or any ol~er ri~ht hereunder, and all such payments s6all bear interest (rom date t6ereo/ at Ihe highes! law- ~u~ rafe f~ien n~~owec~ hy t~~e ~nws of f~e $tnfe o~ F~oric~n. ~L any sum o~ monev hprein re(errec~ to be not promplly paid wilhin 30 , days next a~ter the snme bpcomes due, or iJ each nnd every fl~e agreemenls, stipu~ations. conditions and couenants of said note and this.mort~age, or either, are not /ully perjormed, complied wilh nnd a6~ded 6y, tl~en the enlire sum menlionecl in saicl nofe, ancr tl~is mortgage, or tke entire ba~nnce unpnitl lhereon, shu~~ forthwith or tl~erea(ter, at Ihe option oJ the mortgagee. 6ecome nnd be due and ~ya6l~, anylhing in snid note or F~e?ein fo the contrnry notu~illtslant~ing. Failure 6y ~he morfgagee fo exercise any o~ !tie rig~fs or options herein proric~ed sha~~ not consfifute a waiver o( any rig~ts or op~ions under saic~ note or f~is mortgage nccrued or t~ereajler accruing. ~ ~n ~itness ~hereof~ the said mortgagor has I~ereunto signecl and sealed these presents the ~ay anc~ year jirsl a6ore u~riiten. Signed, sea~ed and delinered in tie prespnc~ of : - , - v/~~ _ ~ - ~ Michael E. Je s ~,~.x._. ..~.~.as..~.~-~~s~--- -----------------Q~ ~ i ~ ----~-----------f EO t~?t~ RE~Tit~-f~~ ~ E~ • ~ . C~iCIE'v911't ' 4 ROCcR P4tT~AS ` ~ GtE^K ~?`'CUIT COURT Q~CL4'ti ~~~:t~~E9 ° FEB Z8 ri o6 AM'75 ~ ~ STATE OF FLORIDA, ~ ~ COli NTY OF St . Luc ie I HEREBY CERTIFY that on this day. betore me~ an officer duly authorized in th~ Stat~ aforesaid and in the County aforesaid to takr acknowledgments, pcrsonally appeated MICHAEL E. JENKINS, a single adult , to me known to be the penon deuribed in and who executed the. toregoinq instrument and he acknowkdged . ~ beforc mc that he cx~cuted the same. ~ K 17 i~IESS my hand and o(ficial ual in thc Counry and Sate last aforcsaid this -~1, day o[ ~ February A. D. 19 ~ S. ~ ~ : . . . . ; 8 _ ~ • ~ . a~; . ~ ~ n~ . . ; .a Pub ....Lof ~ ~0~: ~ •N r ~ h ~•O l ` . Not ry lic, State Florida ~ ' '.'r . at Large ~ F~`= ~C~1 r- r - A~, G: _ My Comnission Expires ~a ~ 1-y cc ~ L i i=. ~ , , w;~=<; , ~ T ~ . o ~ _ Notary Pu6Ct. St~t~ o! Horid~ at L~p~ ~ ~ ~ • <<, ~ ~ 1~ Cauoissioa E:pires Fs4. Z3. 197b ~..ar ti n» a a».r. a. ~ ~ ~ I ~llJ l/1JlIINI/f/1/ plfpUlf[~ 1?y: TI~Js InstNme~t P~Dared by EISIE M. 0'UUJOHUN 0 R~~2597 ~~~~~~~35 0'tAU~HLIH L 0'LAUGHLiN ~IIBK ~ P. 0. Boic 3405. fwt Piaa, Fiotfdt ~ - - - - i - - _ _ ~