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HomeMy WebLinkAbout2250 . a?ur s~~a~~ p~?(o~m, cum{~~y u~il~~ an~ a~?~de 6y P~h and PI'P/y the agreements, ~itpu~alions, condltions nr~ coi~enanfs t{~ereo~, an~ oJ I~~is morf~asle, then lhls mwfgage and fhe estate 1~pMby c?eat~, sha~~ crasa. de- le?mine antl Le ?tu~~ ancl twi~. 7UN~ ihP morfga{~or ~~en+tiy ~u~lher couenanls and agroes to pay promplly when due 11~~ prtncipal and tnfereal and oftip~ sums of money proni~Ie~I Jor In saic~ nole and lhls mortgage, or eilher: fo par a~~ ond aingu~ar f{~e ta.res, assessments, ~evles, ItaGililies, o6lFflution~, nnd encumbr+ancea o~ every nalure on sait~ pro- perfy: to permil, commit o~ suj~er no u?asle. impuirment o~ deteriorafion o~ aaic~ ~and or l~te improvemenb lhprp<~n a1 any Hme; ~o kpep If~~ buildin~s now o~ hereaJt~r on said land jully insu~ecl 1n a sum oj not Ieu Ihan in a company or compar~i~s ACCP~IUI~Ie lo fhe mortga~ee, the policy o~ poltcie~ lo be held 6y, and paya6le to, saic~ morlpa~Pe. an~ in ftie ~venl any sum o~ mon~y bernmes Poyobl~ by vtrtue o( suck insura~ce fh• morlgagee shatl ha~~~ the ri~~t fo rPCPIVP and apply Ihe same to the inde6tedness he?e6y secured, accounting fo the morlgagor fo~ any stirplus: fo pay o~~ cosfs, charges, and expeases, inc~uding ~awyers ~ees anc~ Ut~e sc~nrcl~FS, reasona~,~y incurre~ or paid 6y Ihe morfgaflee tiecause of Ihe ~ai~ure o~ f{~e mo?Igagor to prompt~y ancr f u~~y comply with fhe agreemertts, stipu~afions, concrifions nnc~ eovenanfs of saic~ nole anc~ fhis mortgnge. or eif~~e~; !o perJorm, comply u•ith and a6ide 6y each and euery t{~e ngreemenfs, stipu~afions, condittons ancj coi~e~innls sef ~orlh in saicj nole anc~ Ihis mortgage or eilker. ~n the event the mortgagor Jni~.t fo pay w{~en due any fa.r, assessmenf, insu?ance premium or ofher sum o~ money paya6le 6y virtue of snic~~ nofe and t~is morlpnge, or eit{~e~, Ihe mort~agee may pay Ihe same, wilhoul wniving or aj~ecti~g t~e oplion to ~orec~ose or any otl~er rigl~l I~ereunc~e~, and aII such payments shall bear inferest jrom date f6ereoj af the higl~es! law- (uI mte 16en all~«~~i (?y f1~e inu~s oj li~~ Statp oj F[orida. , DL any sum oJ money ~~erein re%~ret~ to ~e not prornpf~y pait~ w~~h~n thirty t~ays nex! a~lar Il~e samP be~comps due, or i~ each and ei~ery I~e agreemnnfs, sfipulations. conditions and coi~enants o( said note and Ihis mortgn~~e, or pitl~er, are not (ully per/ormed, complied with nnd a6td~d 6y, fl~en the entire sum menlion~ in said note, an~ this morlgage, or the entire ba~artce unpait~ thereon, sha~~ ~o~tl~wifh or f~ereafter, al fh~ opfion of fhe mortgagee. ~ecome anc~ be due and pnyn6le, nnyf/~ing in saic~ nole or herein fo Ih~ ~onfrary nolu~ilhsfancling. Failurp 6y ~he morfflagee fo exercise any o~ the ri~tifs or options ~erein provic~ec~ shal[ not consfiful~ a u~airer o( any ri{~hls or oplions under suic~ notP or f{~is ntorfgage accrued or l~~ernaJl~r accruing. ~n ~itness ~hereof~ f~~e saic~ morfgagor has I~prPUnfo signecl an~ sealecl fhese presents fhe c~ay an~I year ~irsf a~,one ~nritfen. Signecr. ea~e~~ anc~ ~e~irer~c~ in f~e presencp o~: R~~~~•_--- - ~ . . . Earl L. Stokes - - ' - ~ ~ f - F fr ' ~ STATE OF FLORIDA, ~ coc:~~r~r c~F St. Lucie I HEREBY CERTIFY that oa this day, before me, an o(fieer duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowled,qments, penonally appeared Earl L. Stokes to mc known to be thc person d~scribed in and who executed the fore¢oinq instrument and he ack~owkd~ed Det'orc mc tnat exccuced cne same. N'ITtiESS my hand and o((icial seal in th~ (:ounty and St tc last aforesaid this 7th day o( October, 19 75. fILEU r'~~.':~NTY fl~• ' ` i . . . } ST. Lu L ~CJ • M ~ RC'%.: :~F C~QT ~ l, i ~ G~~_r i. t,.•• ~ ` ~ - - ."C { rf Cn~ ' ~ raav vua~~c sT~,F oF Ronm~ ~t l<r.3~ ~ ~ 5 Nv CJR4k::SStON EX?lpES .itJLY n. )97y 40 ~ E^vt. ;EJ TriAV MAYNARO ~G Av~2i .('Y OCT . • ~ : 318 ~:s 900 c;uc:tAy6~• ~ ~ -:~-~'~i , ; ...,..:-.<<..: ~'..N'0'i cI - , = N~"~~~ • .}us _ . . ~ : =c~~:! V ~ L ~ G ~ ~ - 1%ic I~r.Inin~~~N ~nprrn~l hy: Ben L. BZya11~ Jr. FCO:iiO~' BRYAN , ROBLEGARD & BROWN • • ~ ~ ` ~Id~/n:u P. O. Box 323p ~ R 2~~ P7~E~.NI~ ; soox Fort Pierce, Fla. 33450 s~.~ - - - - - ~ ~a ' 1 ~ ~ :L~c.~~`~~~~~- _ . ~ - ~