HomeMy WebLinkAbout0426 an~ s~~a~~ pe?~orm. ~mply wif~~ an~ abi~je 6y each ant~ eaery f~e ag?eemenla, atlpu~atton's, condttloni and
corenants the?eof, and oj 11~is mortgal~e. !he?~ Ihla malgage and Ihe eslate hen6y c?eatetl, ahall ce~e, de-
, frrmine and 6e null an~l ~~ui~l.
nlNi Ihe mortga~or ~~ernby ~ur!ke~ cot~enanls and agrecy lo pay prompl~y when ~Iue II~e princtpal un~I
lnleresl and oll~er sums o(, mon~y provi~Ietl ~o~ in saic~ nole and IRI~ mo~fgaga, or eilhe~: to pay a~~ and
ai~gu~ar fhe laxes, assessmenls. ~evtes, Ita6ililies, ob~itiafions, ant~ encumbmnces o~ every naturs on said pro-
pe?ly; fo ~ermit. commif or su~fer no wasle, impairmenl o~ crele~toratton o~ said land or f~e improvemenlt
ftiPreMn af ~ny fime: eo k~n ~I~p ~uilclinfls nou• or herea~f~r on said ~ane~ ~ully insunKl in A~ 1UIR o~ nol ~ess
Ilian
in a compony or companies acc~pfa~~~e fo f1~c? morlgagee, Ihe po~icy o~ po~lcies fo 6e I~eld 6y, and payable
lo, salc~ morfpag~e, an~ !n thp ea~ent any sum oj money bec~omes puya6le 6y uirtue oj suck tnsurnnce itie
mortgagee shall have thp righf to receive and apply Il~e snme to !he indebtednesa 6ereby secured, ncoou~ting
to Itie morfga{~or Jar any surpl~u; lo pap a~~ rnsts, charges, and expenses, inc~uding jawy~ i jees and fit~e
searcties, rpasona~~~y incurre~ or ~wtc~ by ftie morfgapee ~e~cause ol t{~e ~ui~u?e o~ I~e morfgagor lo prompfly
ane~ ~u~~y comply u~tlh the nflreemenfs, 3tipu~afions, conditions and eovennnts oJ saicl note and t~ta morfg~e.
or eif~~er; to perjorm, comp~y u~ith and a6ide 6y each and RVP~1 ~It! agreemenfs, stipu~ationa, rnnc~iltona and
covenanls sei ~orlh in saIc~ nole and li~is morfgape o~ eifhe?. /n fhe eunnl ftie morfgagor (ails to pny when
due any fax, assessmenl, insurance premium or olF~er sum o~ money payab~e 6y vtrfue oj sa1~I nole and fhis
morfgage, or eilher, the morf{~a~c•e mQy p~y rhP same, wit~out tuaivtng or a~jecfing f{~e option lo ~orec~ose
or any otF~er ri~l~f I~preunrl~r, and all such payments shall bea? i~tprpst ~rom date thereo) a1 t3~e hlgl~esl law-
~u~ mle I~~~n a~~owe~~ ~y f~~e ~aws o~ ftip $lale of F~ori~~u.
~l any st~m o~ m.,ri~y {~e?ein re(errecr to he not prompt~y -paia wifhin ninety days nexf a~fer
th~ samp b~com~s due, or i~ BqCh l711~ PUP~ I~P aflreemnnts, stipulalions, con~Iifiuns and conenanla o( sait~
note anc~ this mortga{~p, or pithPr, are not ~u~ly per(ormpt~, rnmplied u~ifh and a6ided 6y, i~en f~e enfire
sum mentionec~ irt saitl nole, anc~ tl~is mo~lgage, or the enlire? ~alana> u~~o~d tl~ereron, sl~a~~ ~orthwith o~
Iher~after, al ih~ opfion o~ ftie morfgagee, 6eMme anc~ ~e rlue and paya6le, anyfking in said nofe w herein
fo f/~e r'onlrary notu~ilhstandin~. 1=cih~re ~y I~e mortgaqee fa exer~cise nny o~ fhe righfs or opffons ~erein
proni~e~~ stia~l nof consfihif~ a u~air~r o~ any rig{~Is or opfions unc~er sai~ nole or fhis mor!{~age accrue~ or
1{~erPajl~r accruinp:
~n ~itness ~hereof~ I~~P sai~ morlpagor ~~as ~~Prpunlo signe~ QI1(I SPAI~ IIIPSC PMSPIIIS IIIP ~
. ~ny anc~ ye~ur ~irst atiore u~ritfen.
Signed, sealed and d~~i~~~r~d in e pres~ ~cp u~: •
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ST~+?TE nF FLnRIDA~ ~ .
GOI?\TY OF ST. LUCI$
1 HEREBY CERTIFY that on this day~ be[ore me, an
ofiic~r duly authoriz~d in th~ Stat~ afor~said and in the County aloresaid to tak~ ackoowledAm~nts, p~rsonaUy appeared
ROBERT PRINCS
to me known to tx th~• {~rson describe~i in and who ex~cut~d the (oreqoinq instrument and he acknowkdged
be(orr me that he ~x~cuted the same. • ,
~t I'l :\E5S my hand and o(fitia) scal in th~• County and Stat~ last a(or~said this ~ L'~. [ d~y ol,
June D. 19 76
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338~y2 .
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FILEO AVD RECORDEO ~~^~'~'i=`tvn ~~cp,rrc ~~;;;Se{ 12. 19~T '
St. LUCIE ~OUNTY fLA.
FOCEA ?OITRAS '
CLERK C~RCUIT
COU~
RECORD 'IEk~~~ED
Zs 2 s6 ~H ~~s
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I%is I,urmnrfn~ pnFnrrd hy: y~j~jCENT A. LLOYD, ESQ. _
A~l,fns~ P. O. ~3ox 3758
204 S. Indian River Drive t~~ 254 PAGE ~
! Fort Pierce, Flori;~~ 33450 f.it
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