HomeMy WebLinkAbout0676 an~ shall prr(orm, romp~y u~III~ and ubide 6y ~•k and ene?y f~e ogreements, i!lpulafions, concritlont a~
rnvenanls tl~ereoJ, and o~ tl?ts morf~~ape. Il~rn f1~1i mo?lpage artd tl~e esfale k..~6y c?eotecl. sl~oll cease, d~-
fprmine an~ ~?e nu~~ an~ aoi~.
n11{~ fhe murfga~~o~ ~~en~by (urther covenants anc~ agrees !o pay promplly when clue Ihe pMnctpal and
tnfern:l and ail~e~ sums o~ money ptovirlerl !or iri saia nole a»d thls morlgage, or elttier; to pay aQ and
afnflu~ar the faxes, assessm~nfs, IPUfPS, IIQ~~IIIIPJ, ob~igafio~~s, ont~ encumbrn:~cei o~ eaery nature on safd pro-
pprlv: to ~ermil. commil or sujjPr no u~asl~, impai~menf or c~ele~iornfion oj satd ~and o~ the improi~ementa
Ihpr~ n nt any timP: Io ~~•Pr ~hP 6uildln~s nou~ or herna(trr on said land jully i~s~urd a sum o/ not lpaa
tl~an highest.ins~rable value
in a rnm~~any or c-ompanies accrpta6le Io Ihe mortQa~ee, the poltcy or po[iciea to be hp[d 6y, and paya6fe
fo. saia moH{~ag~~. nn~ in f~~P e~~enl any sum of money 6rcomes ~ya6l~ 6y nirfue o~ suck insurance f{~e
mortga~oc• shall ha~~e Ihe right t~~ ?eceii~e and apply Ihe same lo the inde6tedness hp?e6y secured, acrounting
lo fhr morlga~or (or any surp~c~s: fo pay a~~ costs, charpes, ar~d expenaes, tnc~ucring ~awyer~s fees and t1f~e
~enrr~~s, reasonaF~~y incom~ o~ ~saicl 6y ~hp morigagee ~PfAtISP ej !~e lai~ure o~ thp morfgngor !o prompl~r
~nc~ ~ully ~-omply u~ilh Ihe a~reamenls, sfipu~ofions, con~litions ana coi+enants o~ saic~ note ancr I~~is mortgage.
~ or ~il~er; lo ~r(orm, complv u~tfh an~ abic~e 6y ~~I~ ancl PVPry I~p ag~eemenfs. afipu~afions, condifioru and ~
cov~nanis set jurtl~ in said note and lhis. mortpage o? eilher: /n fhe Fvpnt Ihe mortgaQor /aila !o pay wf~en
due any tnx, assess?n~nt, insurance p~emium or olher sum o( money paya6le 6y virfue o~ said nole anc~ I~is
morfgagp, or PIIIIpT, I~P mortgage~e may ~y ihp same. u~ilhout u~aiving o~ a((ecting f~e opfion to ~orpc~ose
or any olher riyl~t I~Prn~~nrl~r, antl all such payme?ets sl~all bear F?ttPrest jrom date Il~ereoJ at ~hp_ h~yl~p:~ lau•-
~o~ rafc~ Ihpn a~~ou~e~~ tiy f~~p ~au7 of If~e Stafe oJ F~ori~a.
any sum of muni•y i~prein re~erre~ fo be not prompll~ paid wilf~in thirty ~oys next o~ter
f~~e sam~ hProm~s ~up, or i~ earti anc~ pl~Pry IIIP agreempnfs._ sfipu~ations, conc~ifions an~ conenanls o~ said
nole anc~ Ihis morf~~ag~, or PII~Pr, ar~ not ~u~ly perJormetl, compltecl witl~ and a6idecr by, Il~en 1/~e Pnfi?p .
sum mentionPC1 in said nolP, ancl this morf~age, or tl~e entire 1wlance unpaid tl~eneon, atioll /ort~u~ifl~ or
fl~ereafter, at 11~~ opfion o) Ihe morl~agep, becomp an~I be due and payable, anything in said note or herein
fo f~P c~onfrnry nolu~ifhstnndiru~. /=ailure tiy !he morlgaqee !o exe?risp any o~ the rtg~tt or opfions ~ereln
provi~ec~ s~n~~ nol cunslil~ife a waiver o~ any rig~ls or options under saicr nofe or Ihts mortgage aceru~ or
ltiereajl~r accruing.
~n ~~~Ol~ Il~e sni~ morlflngor I~~s Itpreunfo sign~I and sraled these present~ Ihp
~oy an~ year ~irsf aho~~e ll~r1I1P?!. -
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~ STATE OF FLnRIDA.
CoL~rrv c~F MARTIN ~
I HEREBY CERTIFY that oo this day. be(orc me, an
o(ficer duly authoriz~d in the State aforcsaid and in the County aforesaid' to tak~ acknowkdgments, personally appeued
i,1ARREN COiaELL and GARY COWELL, d/b/a PORT ST. LUCIE•BUILDERS
to mc known to bc the penon g described in and who executed the forcqoinR instrument aru! Wh0 arknowlcd~ed
beforc me that they cxecuted the same.
~ W17'NESS my hand and o(licial seal in thc County and Statc last atoresaid this ~ D day of
A. D. 197fi. ~
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• My Commission expires: ~ otary Public
~~Yi7~Cr~ . Ne~ary Publie. Sto1e ef Flo~~do ot Lor9~
! 4; E ~ G E ~ Mr Co~~+:ssien Exp~ru Jan. 19. 1979
FfIEC y?v FLA. - {onded br M~e~~cd^ Fin i Cas~wlty ~
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MAY ~I L 23~M~~b l`,•tia~~y,~y
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