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HomeMy WebLinkAbout0701 and aholl per~orm, camply with and ab~do 6y ~1~ and every fhd og?tements, slipu~ntions, condttlons ar?d ~ eo~wnant~ IJ?ercro~, and oj thts mortga~e, tRen ti~ti morfga~s and Iles eitale hare6y ~~roated, sl~all ceai~. d~- ~ tar~nine and 6s nall and voi~. ~ ~ ~ II~e mortgnpor he?oby furlher covenanU and ngrees fo pay pramplly whan due ll~. prinMpa~ and ; tntereat a~~ ol~er suma o~ money provtdecl !or tn satd nofe ~ f~ta mo?Igage, or stt~er: to pay a~~ and ~ singu~nr 11~e tax~:, asses:ments, ~evtes. ItaE~tlities, ob~lgalioru, anc~ encumbnancei o~ sverq notw~s on satd pro- perly: fo permtt. commi! or su((er no wuste, impairmeni or c~ete?iornfion of said ~ana or thc improveme~eb tl~sreon at any lime; !o ~PPP IhP buildings naw or I~ere~jtes on said Iand ~ull~ inaured in a sum o( not leu ~l~on Highest Insurable Val~ie in n company or rnmpnnies accepta~i~e to the mortgagee. ff~e po~icy or pollcisa to be held 6y, anc~ paya~~ !o. sai~ morlgagee, a~~ in fhe euen! any sum o~ money ~omes paya6~e by vi?tue o( auc~ inturance t~u ' ntoNgagee sho~~ ~ave !{~e righ! fo receive and apply 1{~e same to fhe inde6tednesa I~ereby secured, aceounting to t~e mortAa~or ~or any surp~us; !o pay a~~ costs, charges, and expe?ues, inc~~ing ~awyers ~ert ontl tif~e seurc~ps, rensona6ly i~ctwret, or paid~ by the mortga~ee because o~ fhe ~at~w+e o~ tf~e mortgagor to prompt~y nne~ (ully rnmply wiih I~e agreemenls, sftpu~ations, conditFons ~ncl covenanls of said note anc~ t~ts mo?tgag~. or eiiher; fo. perjorm, comply wlth nnd abide by ench and every fhe agreemenfs, sfipulations. co~diiloni and covenanls set fo?fh in soid nole and t{~is mortgage or eil~er. ~n f{~e event t{~s morigngor fai~s to~poy when due nny tax, assesament, insurance premium or olher sum o~ mone7? paya6~e by virtut a~ aaid nole and thLr mortgnge. or eifhpr, fhe mortgag~+ may pnq !he same, wit~eout watutng or n,Jecttng t~e~ oplion !o (orec{oae or any other right {~ereuncler. ..nd all such paymenes _shal[ 6ear interest /?o~n date thereo~ aE the highest law- (u~ rate then allowed by t?~e laws oj tf~e Stale o) Flprida. ~ ~l anq sum o( mon~y {~e?ein re(prrec~ to be not pmmpf~y paic~ wifhin 30 ~ day: next n~ler the aame 6ecomes due, or'i( each and every 11~e agreements, slipulalions, co~ditions and rouenanb o/ wid note and ll~is mo~tg4gp. or eitl~Pr, nre not ~ully performed, complied wiih and a6~d~t 6y, thert tlee enttre sur?t menffoned in said note, and this mortgage, or the entire 6alance uopnid thereon. :halt /o.ehwiek or fhena/ter, a~ fhe option o/ the mo~tgaflpe, become and 6e due and pnyable, nnrtl~ing in said note or l~t~ein to fhe confrary notu~ithstanding.~ Failure by t1~e morfgngee fo earer+cise any of t~e righfs w options ~ereta prouic~ed s~a~~ no! constifule a u~aiver oj any rig~fs or options uader sntd note or t~is rnortgnge accrued o? t~ereaJter accruing. ~~LIIQ~ W~~L~ the said mort~agor has ~ereunto signed and sealetl e{eese presents the doy ancr year jirst above u+ritle~. Stgne , se ~ eltuere:~ ' t~?e pr~spnce oj: ~ . . --LZai~---- - - TRO...G------------ - t-- - - t-..- - ---r-~ , (~j~,~ I ; .~~-~~.......~G~~~~.._ ----=fZ_~.. RUTH G. ARMSTRONG ~ . . S'IATE OF FLORIDA. ~ i CoUNTY oF ST. LUCIE 1 HEREBY CERi7FY that on this day. before me, an officer duly authorizcd in the State atoreuid and in the County s[orcuid to tak~ acknorvkdgmenu, penonally appeared WILLIAM H. ARMSTRONG and RUTH G. ARMSTRONG, his wife, to me known to be the perwnS detcribed in and who e:ecuted the foregoing instrument ~Aa they uknawkd~ed be(orr me ~hz~ they executed the same. WIITIESS my hand and official teal ia che Countr and State lut a[oressid this / I~ d~7 ~ ~ May A. D. 19 76. _ • A~ "~L~~, te o~ F orida at Lar~e. ~ n •o _ ~~;;"ta. M commission expires : v St J~:~~SURS 1~ y•.. o: f:or~~ia of larg~ Cl ~.:1~ - _ i' ~ R'.y ,i. _ n ;x;:'r~.s F~:~. 25. 14b0 ; , r, 'i ~ • gon,~+,,3 ; y ;..._::~an fdre d Co:uolty Co. - i . . .1 ~ 4 a~t eH ~ 3 , ~ 1Uay . A ~t, ~ 33~'s~4 ~ . . _ ~ -;y.;. ..•zbi t~ ; ~ ~ ir~tr~;^^.rt r'a` a"~.~"',~ y~ /y ' This : RoDert M. Lia~d of : ' • ' . Thu I,urra„r~nr p,rpa,rd by: NEill Glti~F;?~ ~f; : ~,tF; ~ ~.e~~' - ~ ~ ~ ' Addrar ~ sza-~ tto. 2~a st~ecc ~ r'R'', ~ ~ _ ~ su,.:,:,