HomeMy WebLinkAbout1390 anc! s?iau ~~cryonn, conipu/ ui~~~ uru~ a~~u~c u~ cuc?~ un~~ cic?~ t?ie u~rtcmc~~ts, sty~u~atwns, canuu~o~u ana
cw~enants N~ereo/, nrui o/ ti~is t»o~t~;u~;e, then t)~u mort;;atic• uiul tl+c cstutc l~cre.hy creutec~, shall cease, de-
iermfne antl l~e null ancl ~oid.
~ ihe mortbagor hereGy fartiier couenonls a~ul agrees to pa~ ~~ro?nptly when due the principal and
interest ancl othcr sums o~ moncy provided /or in said rwte and Ihis morl~Q~e. o~ either; to ~wy al! und
singuiar tl~e ioxes, assessn~ents, leuies, liabilitics, obli~;ufio~~s, and eiu~~nibrances o/ eoery ~wturc on suid Nrop-
' erty; to pernijt, conur~it or suecr ~caste, im~wirn~cnt or dctertaration of saut laru! or t1~e improoements
tl~ereon at any time; to keep the l,ulldin~;s now or hereu/ler on saKl land fully ir~sured in a sum o( not less .
t1~an
in a com~wny or comJwnies ocoeptal~le to N~e mortga~ee, the pollcy or Jwliciea to be l~eld Gy, anci }wyabie
to. said nwrtgagee, and in the eoent an~ sum of rnoney becomes pa~able Ly virtue of nich i?~,rurance. the
mortgagee shal! hove the right io receive mul appl,y the same to the irulebtedness liereLy secured, accounting
to the mortgaRor ~or any surNlus; to pay ul! costs, charges, a~u1 ex~~enses, including iaeuyers fees arul title
searches, reasonably incurred or jwid by the n~ort~a~ee l~ecause of the /ailure of tlie mortgagor to prnmptly
anct ~ully comply u:ith the abreements, stijnilotions, corulitio?u arul cocenants of said note arul t1~is »iortgoge,
or eitl~er, to per/orm, comp?y ~cifh a~ul aLkle by each and every tlie agreeme~?ts, stipubtions, co»diteo?u and
cooenonts se! forth in sakl note a?ut this mortga~e or eiNier. In the encnt ihe mortgagor fails to.pay uhen
due ony tax, assessment, iranerance premium or other sum of money payaGle by virtue of said note and this
mortgage, or either, tlae mortgagee may Jwy il~e same, u,~it/iout u;aiuin~ or a~ecting ihe option to foreclose
or any other right hereanJer, anrl aU sucli payments sliall Gear interest from date tl~ereof at the hi~l~est la~c-
ful rate then aUou;ed by the laws of the State o/ Floruia. -
any sum of money lierein re/ened to be not ~,romptly ~wul uithin thirtydays next after
the same becomes due, or i~ each ond every tiie agreements. stipulntio~u, corulitions atxt covenants of said
note and this mortguge, or either, are not feUy perJormed, compleed u;ith and al~irled by, then ihe entire
sum menfioned in said note, and ihis mortgage, or the entire lwlarice unpaici thereon, shall fortha~ith _nr
fhereafter, at the option o/ tlie mortgagee, become and Ge due orul lxiyahle, anything in suid note or herein
to !he contran~ notu:ithstanc/ing. Failure by the mortga~ee io exercise any of the rights or options herein
pronic~ed shaU »ot cor~.stitute a uaiver o/ ony rights or options under said note or ihis mortgage occnred or
~ thereofter accruing. '
~n ~1l~[[Ol~ the saict mortgo~or hos hereunto signed and sealed these presents ihe
day aul year ~irst aliove ecritten.
Signed, sealed and delioer d in the pr~senee of:
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~
~ STATE OF F~.~JRIDA,
i COUNIY OF ~
~ St. Lueie I HEREBY CERTIFY that on this day, before me, an
` o~cer duly authorized in the State aforesaid ancl in the County afonxaid to take acknoH•ledgments. personally appcan~cl
~ Jim Cain Jr. & Virginia Cain
~ to u~r k~M~~cn to Ik• tM~ pc•rwnrs ~I~~crilxvi in and FM~ ~~~~~•uti~d tlK• (urcg~~ink iu~tnmx~nt :?nd ~ley acknowieclged
Ixion• nx~ th:~t ~gli i•\lY'l1~lYI I~N' ti111N•• -
N'17'~iEtiti ~ny hancl and u(ficial K•:d in thi• C~~unh• :md tit:?t~~ lad a(~~n~.tid thic 5~1 ' , c~a"y1o~ . .
~ Sept. ~~?75. ~ ~ . _
~ ~ ~,l ~~j~~~ ~
~ " ~ _ ,tc..7. / Y C.s~'~;~.~-~---+-=~ -
Y ' ' Y~
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~ NOTARYPVf-tr~.•.,,•-''-•,.:: !T~
i1LE0 AND P.Et,LRDED ~ .
~ ST. LUC~E COUNTY FIA. Mr cckM~c:;a~ -Y-~=-~ <az_ ~
x ROGEi~ PJitRAS ~N~ TM2U GENERA! INSURIINCE
.,~,I~~~ ~ . .
,
~ CIERK CIaGU1T CGURT
RECORD v£ IED ~..r•••~ -
€
g s~ 8 i ~o eH ~75 ~~~r
B ~y~
~ 31~~~3
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BoRK 243 F~~f13~ ~
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