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HomeMy WebLinkAbout0749 ane~ sha~~ ~er~orm, comp~y with nnt~ abi~~e ~y eucti and e~~ery f~s ag~eemenls. stipu~afions, condifio?u n~ coi~enanls thenw~, and o~ lhis mortgage, itien tl~is mortgage a~sd 1he estufp I~p~6y c?ented. shaU cease, d~- ip~mine and 6e null and votd. ~ t Tin~ ttiP mortgQflo~ Reruby ~u?t~er rnve~ants and agrees lo pny prompi~y wtien due Itis prtncipa~ and ~ tnferrs! an~~ of{~er sums of money providec~ ~or in saic~ note and f~is mortgage, or either; to puy a~~ and ~ sin{~u~ar f{~e Inxea. assessmenfs, ~euies. ~iabi~ilies, ob~igafiant, and enrumbr+nnces o( euery nafure on satd pro- f pe~ly; lo permit; commit o? su~fer no waste, impa~rment or c~eleAomfion o~ saicl Ian~ or fhe improuements S fherron at nny lime; fo ~eep Ihe 6uildings now or he?ra~ter on ~aid I~hd Iully insured en a:um oJ not leas i than NONE - 1 in a company or compnnies ncceptab~e fo i~e mo?tgagee, the po~tc~? or po~icic~s to 6e {~e~J 6y, and payab~e to, said mortga~ee, and in tl~o euent any sum of money becomss ~yo6l. by vi?tue o~ auch ~nsurance the morfflngee s~all have fhe rigl~t to receive and npply Ihe sane to Ihe i~de6tednesr ?~ere6y secured, aceounting to fhe mortgngor ~or any surplus: to pay alI costs, chae~gea, and expenses, including lawyer's /ees ond tille search~s, rPasona~~y incurrec~ or paic~ tiy !he mortgagee becouse oJ ftit ~atlure o~ 1~*e morfgagor to prompl~y anc~ ~u~~y comply with the aereements, alipulaltons, eondittont and covennnfs o/ snic~ note and ll~is mortgage. or eilher; fo per~orm, comply with a~t~ a6ide by ench and suery 1{~e agreementi, sfipu~afions, condilioru and , coi~enanfs set /ortl~ in sa~d nota and this morlgage or either. ?n Ii~e euent the mortgagor Jnilt to pay u~{~en c~ue any faar, assessmenl, inswnnce premium or of~er sum o~ money paynble by vt?fue oj sau~ nofe and this mortgage, or eiftier, ftie mortgagee may pay ttie same, wtlhouf waiving or af~ecfing f~e opfion fo (orec~ose or any other ri~hl {~ereunder, ancl all such payments shall bear interest Jrom date tl~ereoJ at Ihe I~igf~esl Iaw- (ul rate lhen allou~ec~ by 1{~e lowa of fF~e State o/ F~ori~la. I ~l ~ny sum o( money Ite~ein re(erred fo 6e not promptly paial u?ithin thirty days next a~ter the same hPCOm~a due, or i( eac1~ ancl eaery Ihe ogreements, stipulations. condifions and couennnls o~ said nole and lhis mortgagP, or eilf~er, are not f ully per~ormec~. co?nplied wii1~ •ancl n6icled by. tken Ihe pnfire sum menfioned in aaid note, and t1~is mortgage, or Ihe entire 6a~anco unpaid tl~erpon, shall fortF~wiil~ or therea~ter, nt t{~~ option oJ t{~e morfgaflee, 6ecome an~ 6e due and paya6le, anytl~ing in snid note or herein fo ttie contrary nof~uif~sfanding. Fai~ure tiy fhe mortgagee !o exercue any of t~e rig~fs or oplions herein pivi~i~~~~~ stia~~ not constifule a wniver o~ any rip~ls or oplions w?der sai~ note or f~is rrtorfgagn accn~ed or therea~t~r accruinp. ~n ~itness ~hereof~ tlee snid mortgagor has {~ereunto signecl ancl sPaled these presenls Itie clay antl yp~r ~irsf a~oi~e u~riftvn. Signe~, sea~e~ antl clelinere~ in ftie prQSertcv o~: ~ ~ ! ~ .r 1: t.. ~ ~ - _ . . . . , ' S'd L. Nat nson ' ~ ?-t~-:t~- . _ ~ - - ~~v--~ - ~ . - - ~ - _ . _.~rbank ~ i . . . - . . _ _ . . - ~ ; - ; ~ ~ ; B J~ a o~ ~ _~~f~ . . . . . ~ . . . . . . - ~ ~ E i e ~ ~ STATE OF FLORIDA, ~ ~ couw'r'~t c~F ST. LUCIE I HEREBY CERTIFY that on this day, betorc me, an ~ o(ficer dul~• authoriz~d in the Statc a(oresaid and in the Countq alo~esaid to tak~ acknowltdqments~ prrsonally appeared ~ SZD L. NATHANSON, VAN BURBANK,.and ~1~NOLD BASLOW . ~ ~ to me known to br the perwn g dexribed in and who executcd the (orcqoinq instrument and -~ex ~'~cTi~i~~es-S' ~ ~ y ~ brforc me that they~:«u«a the same. ~ : ' _ : " y_ _ _ ~ N'!T\f.SS my hand and official seal in the County and Stat~ last aforesaid this I~~','~:~7 1 7,~dar Of ~ ~ June n. ~976. s t~ z : ~ `V t!.L ~ ~1 ; ° , ~ _ ; . ~ . $ ; - • ~ • iLt .l.C.. !L G~f : ~ : _ . ~ . . ,v~-•••----•-..... ~ ' ; ~ NOTAR PUBLIC, State of Florida i ~ at Large. y My Commission Expires: 4/7/78 ~ ~ ~ FILEO AMD ~tEGOiiDE~ ~ _ iT.LUCIE :GUNtr flR. ROCER P~~TR~S ~ ~ ' RFCOP~ YEF.~f~EG CQU.,~~~ ~ %liis Jn~n~n~cn~ n• nhr~ h: diM~ ~1 4 is PN ~76 PP y . ~ A,h1R-.cc { ~ • r S FA~ ~~1L 33f f~'9 ; ~ ~ ~ _ _ - _ = y.~~ ~