HomeMy WebLinkAbout1200 an~ stial~ per~orm, cvmp~y u~l1~ ohd a6id. 6y .o~l~ and ei~sry fk~ eg?vemenb. sftpu~atloni. condttlo~u snd
rn~~enanls tl~~reo/, and o/ fht~ mortgap~. 16en Il~~t mwlgap~ and tho sstal~ h..~6y cwated, ~haU c~w~, d~-
te?mins and 6~ nuU arul iwld.
~ th~ moNgagw hew6y (uNl~er c~ovenants nnd agrosa to pay promptly tuk~n du~ eh~ principul and
tnterrsi and ofher suma of ~noney provided (or in tatd nole and l~~a morlgage. o? Nltie?; fo pay aj~ nnd
d?tgu~ar I~e faxPS, assessme~b. ~eutes, Ga6i~Jftes. ob~Jgoftoni. wul encumbna?~c~s o~ eve~r nafw+e o~ sald pro-
ps?ty: fo permtt, rnmmif w tu~~er no wnale, tmpalrment or deferianfio?t of said ~and or fhs irnpro~?errtenlt
thpe+ecn at any ftme: to ~e~p t~e bul~tngs now or herra(f~ on satd land /u~~y tnsuro~ in o sum o~ not ~ess
~~Qn full insurable value
tn n company or eompantes aea?pfaLle fo fhs ~o~tgagee, t6e policy o~ poltcles to b. hetd 6y, ~d ~oyo6b•
to. sata mortgagee, an~ in fhe eveol any aum o( money bocomes paya6b 6y nlNue b~ ~uc~ Insuronce !ks
mortgagee a~au ~aue t1~e rigtif !o recetve anc~ apply fi~e ~ame to fl~e in~ebfedness I~ereby secureil. ac~.~ounting
to I~e morfganor lor any surp~~~.t: to pay aQ rosta. ctiarges. and expena~a. incjuding ~awyers leet nnd Itf~e
searc~pa, reasonably incu?re~ or paid by fhe mortsnAee becnuse oj f~• ~ai~ure ol t~e rnorfg~gor fo prompf~y _
and /ully comply w11I~ Ii~e ag?eemenls, stipu~afiona, conc~Iftons and covennafs o/ said note nnd thts moMgag~,
or eitf~er: to pe?fo?m, comply with and abicle Gy eacl~ and e~erY t6e agreemen4. stipu~afions, c~ondifions and
' rnue~anls set /orth in satd nofe and !hL mortgage or eifher. In the event ~ke mortgagor /ailt to pay when
due any fax, assessment, insurance premlum or ot~er sum o~ ~no~ey i,oya6[~ 6y virtue o~ aatd note and 1/~is
~o?tgage. or eif{~er, t~e ~nwfgagee may pay f~e sama, wif~out wniving o? af
fecttng the option to ~orec~ose
or any ofl~er right he?punder, and alI such payments sl~all 6ear interesl Jrom date thereoj at the higheat Inw-
(u~ ?afe l~en allowed by the tau~s o` f~e $fafe o~ ~~ori~a .
any sum of mon~y herain re~erred io be not prompl~y pnicr wtthin lrj dnys next~ a~ter
the same 6ecomps c~ue, or i~ eacl~ and every II~e agreemnnts, afipu~nttons, rnnc~itions and rn~~enantt oJ mid
note and this mortga~p, or pilhe~, are not ~ully perJormed, complted wit6 and a6id~d 6y, 11?en the entire
. sum menfioned in snid note, and this mortgage, or the entir+e balunce unpaid thereon, ahaU forll~wiih or
: l~ier+eafter, af f~e optton o~ t~e mwfgapee. 6ecome and be due and papa6le, anyf~ing in :aid note or heretn
to fhe oontrory nofwethstan~ling. Fat~ure 6y tRe mortgogee to exeirise any of t1~e ?igtits or options ~eretn
proUided shall nof rnnslifale a wainer o~ any righis or opfions under said note or fhis mortgage nccrued or
I~erea~ter accruing.
~n ~~~Il~ t~~e saFc~ morfgagor {~ns tierrunlo signecr an~ sea~ee~ fhese presentt f~e
.cray an~ year ~irs! aboi~e wrilfen.
, Signed, sealed and de~ivered in t1~e presence o/:
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` Lorin H. Garrett, Jr.
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- STATE OF FLORIDA, ~ . -
coc~°rv oF ST. LUCIE
. I HEREBY CERTIFY that on this day. beforc me. an
o(fic~r duly authorized in the Statr a(oresaid and in the County aforesaid to tak~ acknowkdgmenb~ personally appeared
Lorin H. Garrett, Jr.
t` to me known to be the penon described in and who exrcuted the [or~~oinq instrumeot and he acknowkdged
~ before me that he executed the same.
t [1;YESS mp hand and o[Gcial seal in thc County and Sutr last aforesaid this 3rd day of
~ November A' D' 19 75.
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_ C Notarq Pub/7'~ , S ate of Florida
F~LS~: ~ 4~^ ~'.~VI~~~E~ J , -
~ sT.~~c~~ ..o~Ntr at Large ~
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rLc~h ~ -~uat My Co~nission Expires: ~G
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~~cjr~R'~f ~i rS'[RUMCMT r:.c'~:::.'~ BY:
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~ `r c~. P`~~~ ; aoac245 ~1197
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