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HomeMy WebLinkAbout1002 ! ~ and shal! per/orm, comply iuith and a6ide 6y each and e~~e?y the agreements, stipulations, condiltoni und conenants tl~er.~a(, and o/ Il~is mortgagp, then Ihis mwtgage and the estute I~ereby created, shall cea:e, de- _ termine and be nul! and void. Tin~ !{~e martga~or tien+by (urthQr covenanli. and agreet to pny promptly when duR t1~e prtnclpnl and inferest n~d other sumi o~ money provic~ed ~ar in sa~tl note artc~ Ihis morfgage, or eit~er: fo poy a~~ ona sinpu~a~ Ihe tnxes, assessmenls, ~euias. liabi~ities, ob~igattons, and encumb?nnces o~ every nature on satd pro- ~ perly; to permil, comml! or suf jer no tuasfe, impairmenf or detvrtoroHon o~ said land or the improvements ftiereo~ at any time; !o keep the 6uildinga now or herrafter on eaid land /u~~y inaurec~ in a sun~ of not ~esa t?~a~ maximwn insurable value thereof---------- ~ in n compuny or campanies occepta6[Q to I~e mortgagee, the po~tcp or po~tcies fo 6e held by, and paya6le fo, sai~ mortgagFr, anc~ tn the evont anr aum o) money becomea puya5le 6y vi?tise of suck insurance f~e moNgagee s1~all have 1he righ! to receive and appfy tl~e some to ~I~e indebted~esi herr6y secured, ncrounting to tl~e moHgagor far any aarp[w; to pay all coats, c~argea, anc~ earpensea, tn~ludtng ~awyrrs feea and fit~e senrcl~es, rpasona6ly incurred or ~td by i~e nw~tgnges becnuse o~ f/~e ~ui~ure o~ t/es mortgu8or to prompl~y and JuIIy comply wifk fhe ngreernenfs, atipu~attons, cont~ifiona and couenants o( said note and thia morteupe, or eil~e~; !o prr{urm, comply wit1~ and n6ide 6y each nnd euery t~e agreemenfs, atipu~fions, condilioru ond ~ conennnts set ~orfh in s~id note und f~is mortgage or either. /n f~e even! the mortgago~ ~ai~s to pay when due any fax, asses~ment, inaurance premium or of~er sum o/ money pnya6le by virfue o(~ anid nofe and f~is morfgage, or either, t/~e mortgagee mny pay fhe same, wit~out watning or a//ecting t~e oplion to foreclose or any othe~ right hereunder, and all suclz payments sl~all bear interest from cEate thereo/ at !he btgl~est law- JuI raie I/~en allou~ed by t/~e Iaws oj 16e Stafe o/ Floridce. 7l any sum o~. money herein re(erre~ fo be not prompt~y paic~ wil~in thirty c~ays next a~ter 1he same becomes tlue, or ij each and eoery the agreements, slipulotions, conditions and covenants oJ snid note. and this mortgage. or either, are not jul[y per/ormed, cornplied wi11~ ~and ab~d~ by, tben the entire i sum menfioned in said note, and this mortgage, or the entir+e 6aluncQ unpaid iherPOn, s?~nll ~ortbwitl~ as i therea~ter, nt ihe opfion o~ !~e mortgagee, become and be due and payn6le, anyttiing in saic~ note or hercia ~ ' to !he confrary notwithstanding. Failure by the mortgagee fo exercise any o~ fhe rig~ts or oplions herein I proui~ec~ shall not consfitule a waiver o~ nny rig/~ts or options under saict nofe or ftiis mc~rfgage accrued or I l~erea~fer accruing. ~n ~~Ol~ the said morlgagor has {~ereunto signed and sPaled these prese~ts the day an~ year first ahove wrifien. ~ 4 Signet~, sen~ed a~td de ~ d i llie prQSence o~: I - - - ~ , ~ - Wi iam r ~ 11' ..~.C-t c ~ e -~u . ~ ~ ~ ~ - - _ - - ` ~ ~ - ' /~'i'~ ~~ic rE':~~-- - . ~ ~ ~ -~George Theodorou - STATE OF FLORtDA, ~ ~ COUNTY OF S i. LUCIE I HEREBV CERTIFY that on this day, before me. an o(ficer duly authorized in the Stat~ atoresaid and in the County aforesaid to tak~ acknowledgments, person~ilr appeared William H. Meyer and George Theodorou ~ to me known to br the person S described in and who executed the [orcgoing instrument and ~1@y acknowkdqed , ~ . beforc me that ~gl/ executed the same. J WITI~'iESS my hand and uffieia) seal in the Countv and State last aforesaid ehis 13t d~Y ~ ~ OCtOjJer A D 19 75 • , _ _ .~c.~ : , e.. y / s + ~ ~••,tf C-l~. ~ L ~ ' _ ~ . `~~i Lf/,' . ~r .`-'AL~:~'.1._..~~.:~-c,:-- :.~t..-• , ;_4 ~ ~ : NOTARY ! '~UBLIC , State of P~rida GcJ at Large . Tr? n , ; : My commission expires : ' ....o_ • _ ~ ~ ~ G : - = t~~L~ . Q. . • ~ . % ;.t . iL~f~ t:'~! #.6uN ~ 0 (i t ll ' ~ ~fi l~1GiC .~~1{Tr ,t _ - , - ; -=_i~T~A3 ~ ~ . • es_E=~~ : .E UIT CsURT "i=" ,r~'~ F'1 a~s..~ Tl~is I~cr~n~»>c~~t p~rpnrrr~ G~'. ~T ~ P~ ~ 15 ~~t~~ins~ ao~c~~4 318094 . ~ . ' . - __.~.a.., ~ . . . - - ..t.~~.- ...a.'-"~'~.-_~..