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HomeMy WebLinkAbout1586 and shall ~~er/oru~, co~~~~,ly ~eitl~ urul ab&le J~y cuc•1i ur~d evrr~ llie u~;re~c~~~ciil.c, stipulatio~u, con~litioiu and co~enants therco/, on~l o/ thts »iortka~;e, then this ~nurl~;o~;c u,ul tbe ~stat4~ i~creby creuled, sliall cease, de- termine aul he null a~K! ~oid. ~ the mort~;agar here6y further coue?wnts arul ugrces to ~w~ pranptly when due t1~e princifwl and interest arul other su?ns o~ »ioneJ Jnonkled /or in soid nofe a?ui this mart~;age, or either; to ~wy all anrl singular the taares, asse.rsments, Ieuies, lioLilities, obli~;atior~s, aiul encur?ibronces of euen~ ~wture o?i sukl pro~- erty; to permit, commtt or suBer no uaste, imJx~ertnc?it or deteriaration of said laiu! or the improuements tliereon at anr~ time; to keep the huildin~;s now or hereu/ter on saicl ?a~ul full~ iruured in a sum of nof leu than in a com~wny or con~panies ac~eptable to ti~e mort~;a~;ee, d~e ~wliey ur ~wlicies to be held by, aiul pai~able to. sakt mortgagee, arrd in the eoent uny swm o/ nroner~ becomes ~wyaL?e by vi~ti~e of s~~ch insurance t1~e mortgagee s1ea1~ have the ~ight to receire aul opply Nie same to the indebtedness hereby secured, accowuing to tlie mort~a~or for an~ surp[us; to pay all casts, chorges, and ex~~enses, includin~ lawyer's fees anci title searcl~es, reasonably incurred or ~wid by the n~ort~;a~ee because of tlie failure of the mortgagor to promptly and fully comp?y u;ith the agreements, stipulatio?u, corulftioru arul couenants of saul note anct this mortga~e, or either; to per/onn, comNl~ with a?u! abule Gy each p~d eocn~ the ngreements, stipulations, conditions and cooenants set forth in saal~ note anc! this mort~o~e or eitl~er. In tl~e event tl~e mortgagor fails to pa~ when due any tux, assessment, inswrance premfam or otl~er sun~ o/ money payQl~le Ly oirtue of sa&1 note aiul 1hu mortgage. or either. the mortgobee may Ncry tlre sanre, withoirt tcaivi»~; or aBecting the option to joreclose or any olher right hereunder, aru! aU sucl~ ~wyments shall bear inlerest from date ihereof ot the hi~liest law- fu! rate then allowed by the tnu:s of tlie State of F~orida. ~e any sun: af mor~ey herein ~/e~red to l~e not >>rom~tly paul i~~ithin thirty days i~ext after the same l~eco~ues dr~e, or if eoch nnct eoery tl~e ogree?nents, stipulations, coruiitions arui Goaennnts of saicl ~ note arul t6is mort~;age, or eit/~er, are not futly perforn~ed, com~lied uith and al~i~ied by then the entire sY~m mentioned in suul note, and this mortgage, or the entire 1wla~ce un~aid thereon, shall forthwith or thereafter, at tlie option of ihe mortgagee, Gecome anc! be due aut ~xiyaGle, anything in saul note or herein to the contron~ noti~itl~staruling. FaiTure by the »~ort~u~;ee io exercise uny o/ the rights or options herein prou&led shall not constitute a icaioer o/ any reghts or optio~u t~nder said note or tltis mortg~lge occrued or thereafter accrufrtg. ~ ~n ~I~CI~~f ~ the said mortga~or has hereunto signed and sealed these presents the day a~ul year first alwve ~critten. . ~ Signed, ser~lQd~ond delioered in i e presence of: ~ i / ~1"!~f ' ~ .~'~z~. -~-f' .~r~r~~% . - ...C-~:~.~~_. . _ - - - STATE OF FLORIDA, ~ COUNTY OF St. Lucie I HEREBY CERTIFY that on this day, before me, an o6cer duly autlx~rizecl in thE State aforrsaid and in the County aforesaid to take act~now•ledgn?entr, personally appeared f to iex• k~xn~~n t~~ 1~~ tFK~ ~•r.wu s d~~•ri1KY1 in :uTCI ~clw~ ~•~i~~id~v{- IIN• FUft'L'~~Ilt~ imfntnx•ut :trn) theY ai•k~x~~~~ledAerl 1~efur~• uK~ tl~:+t ~ey ~~~~Y•nf~yl dN• +unN•. N'1'C\IstiS m~- h:u~d :uN! oifici:d si:d in th~• Cuunty :?nd tilaG• 1:~.1 a(uri~>:tid this ZSt ~ day of August u. Is? 75. l . ~ ~ / d . - ~'.t'il~y~~-- - - 1VdfA . - - Z...._ , r.;...:~.1 ~t ?J,~. fllE~ Ah~ RECORQED Mr t~~ ~ v~ , , f ST.IUCiC COUNTY FLA. iaiGED ~:I~ r~ ` ~ aoc« : o~rR~s ~ t~ : ~ CIE~:K ' ~ i!,~IT COURT ~ L'~ - ' ` i "t~'~4'• Y~r'.IF - . - i[~ . a n: _ # At~c 1 : . e . I! i~ AN'75 , o ~ ~ A? ~1431s ~ ~ 800lc PAGf I S~sr ~sv. ' Y . ~rT"'~~~~-'*.sr~ ~ ~ ~ ~ . . , ~4 ~ ~Sr~,~'~a~ s. a,~ ~a... _ _ ~