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HomeMy WebLinkAbout0926 and ~I~all per~orm, comply ~uifh an~l ablde by eacl~ and every f~e agresmenfi, itlpu~atloni, c~ondttlona a~ c~ouennnts thereof, and o/ t{~is mo?t~ape, then Ihli mortguge aRd the eatate h.,g6y rreated, ahall cecus, d~- ~ fsrmt~e an~ ~e nu« ant~ ~~oi~. ~ l~o ee~tvlnnnn? ~or~~~Y ~~~~l~s~ m~wnnn~g i~i!~ 2~M41 ~n ~tm~~~~t~ l.~~t!R l~~~= ~~P ~!{-^,flf^¢~ R!!~ interrs! and ol~~er sums of money provi~e~ f o~ !n said nofe and fhii mo?tgage, o~ elttier; to par a~~ ar~ stnflu~ur !he taxPS, assessmenfs. ~evies, ~iabi~ities, ob~igations, and encum6wncsa o~ every nalure on said pro- perlr; fo permit. commit or su((er no wwfp, impairment or c~eferioration o~ saicr ~and or fhe improiremenb lherecn at any lim~: Io ~PP~ IhP buildings ~ow or l~erPa(ter on said lan.l /ully tnawec~ in a sum o/ not Ieu ~no~ iuli in~ur~s~il~ v~3ue - i~ n company or companies acerplab~e fo t{~e mortgatiee, f~e po~Icp or po~lc~ea to be ~e~ by, and paya6le !o, said mortgngee, an~ in Itie cvent any sum of inonry ~PCOmes ~ya6l~ 6y virtue o~ surh trtsurance f~u ~norfgagee shal! ha~~P 1he riql~t to receinp and apply the same to tl~e inde6fedness here6y secured, ornount[ng to fhe mortgagor ~or any siirplas; fo pay a~~ cosfs, c~a?ges, and expenses, inc.~udtng ~awyers jeei and Nf~e searchPS, reasonati~y incurrec~ or pai~ by ftie morfgagee because o~ 1{~e fai~ure o~ Ihe ?+to?tgagor b prompt~y anc~ ~u~~y comply u~ill~ the agreemenis, sfipu~alions, con~ilions nnc~ rnvenanfs o( sutd nole and !?~is mortgag~. or eif{~er: fo perjorm, comp~y u~ith and a6ide by eaclt and every the ngreements, stipu~ationa, concjiiions and coc~enanfs set /orll~ in said note and Il~is mortgage or either. In t1~e event the mortgagor ~ails to pay mhen c~ue any fax, assessment, insuran~e premium or olhe~ sum o~ mon"ey paya6le by vlrtue oJ said nofe nnd thta n~ortgage, or eit~~er, _f~e mortgagee may pay f{~e snme, iuit~out wniv~ng or affecting !{ie option fo ~orec~ose • o~ any afher riglit h~rPUnder, and a[I suc6 paymenls shnll 6ear interest (rom date tl~ereof at fhe higl?est law- ~u~ ?a1e ihen al~owed 6y fhe laws oj the $tafe of Florida. ~l any sum o~ money tierein re~erred to be not prompf~y pntt~ wilhin ten dnyt nearf a~ler the samP ~ecomes ~ue, or i~ eac~ and every !he agreemenfs, stipu~ations, conditions and couenants o~ ~aid note and this mortpac~e, or eilbPr, are not jully per/ormed, complted with and a6~ded 6y, then ~he entiro sum mentioned in said note, and Ihis mortgage, or th e entirr 6alance u~paid tl~ereon, shall /ortl~with or tl~ereoJter, at t6~ option o/ the mortgagee. 6ecome and 6e due and payable, nnything tn snid nole or herein (o II~e contrary nolwilhslanc~ing. j'ai~ure by f~e morfgagee (o exerrise any o~ the rig~ls or opftons het+etn pronicrerl sha~~ nol ronsfifute a u~ainer o~ any righfs o~ options under saic~ note or l~is mortgage aceTUed or l~ereajtpr accruing. ` n ~Lll~ ~~~Ol~ f~e snid mortgagor has hereunto signed and sea~ fkese presents ftie ~ay an~ year ~irs! ahot~e u~riffen. $igne~, sea~ec~ ane~ c~e~i~~erec~ in f{~e pre ence o~: ~ ~ t~_, ~ . ~ . r.-- - ~ ~ ~ ~ - • ~ r / , . - - et e Pa rick , , - ; . . ' ---'i-.c----- - - : ~ R~bert 1i~ . Padrick - - ~ ~ ~ - - - - ~ - , - - - - ~ ~ ~ ~ i ~ ~ ~ STATE OF FLORIDA, ~ ~ : cou~vrr~r ~F ST . LUCIE ~ ~ I HEREBY CERTIFY that on this day~ bdore me, aa ~ ~ officer duly authorizcd in the Stat~ a(oresaid and in the County afortsaid to tak~ acknowkdgments, perwnaUy appeared ~ ANNETTE PADRICK and ROBERT fi+i. PADRICK, her husband_ ~ to me known to b~ the pcnonS dexribed in and who executed the toregoing instrument and theyacknowkdsed ~ before me that they~x~cuted the same. ~ H'I7~NiESS my hand and o((icia) xal in thc County and State last aforesaid this 19th da~ ot ~ MaY A. D. 19 76. ~ _ . ~ •Lr.,.. f~*- • ~ :a.~ ~ . Notary Public, State,v~-'~Ya~da ( ~ 33~i$13 at Large . ~ : ~ ' My Commission Ex~ii~'~~ j~~9~ ` AMp ~~,C7~~E0 ~ •-F'= ti ~ Sj~~~ 1c COUMA?.S`~ L J?;~;_i:~~' s~ . k a ~ ~QS: GUtT COU \ rt L,f{ j~,=~, ' ? F~nqpYE?''~~~ , rySG`~'`~` s a 7 PN'16 ~ / ~ ~ ~ ~ ~ ~ ~ I7,is r,ulrun,cnt prrpared by: : Al~ll/L7S 1H1~ MfSTRUl1E1R NtAS P!l'fPARED Bl~ i ~ SPENCER 6. GILBERT, Attorn at law F':~ 253 ~A~~ e9~ ' ~ i , ~ ~ ~,OpNp fTiiEEi. FT. PIEIICf~LA. 33~1l~A , _ _ _ ~~>_~,~.~.r,~_~_W..~.< : . t _;w..