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HomeMy WebLinkAbout0451 # . . ~ f and :hal! i~~.(orm, comply u~itl~ and n6ide by each and e~~ery tl~e agreemenla, atipu~ations, condittoni artd coi~e~iants IhereoJ. ancl o/ fhis morlgage, then this morlflac~e and the estate hereby crealed, ~holl cewe, de- , fermine ancl 6e null and void. Il~ Ihe marfqagor tiern6y (urther cooenants ancr agrees to pay prompl~y when due the principu( aru~ ` ~ interest and o~h~~ eums oJ money proi~ided (or in said nole und tl~is mort9age, or either: to pay oll and = sin~ular tl~e taxes, assessmenis, leuies, lia6ilities, o6ligations, and encum6rances o~ every nature on saId pro- ~ pe?!y; fo permil, commil or suf Jer no wasle, impairmenf or creteriornfion o~ ~ai~ ~and or Ihe improveme~ta thereon a1 uny time: to ~eep the buildings nou~ or {~erpajter on said land ju~ly insured iri u sum of not lesi ~~'a" full insurable valus in n company or compnnies nccepta~~~e to the mortgagee, the po~icy or policies to 6e held by, and paynble ~ fo, saic~ mortgagee, and in the event any siim oj money becomes payable 6y nirtue o~ such insurartce ({~e mortc~agee s{~al~ have t{?e rtght to receive and apply flte same to fl~e inde6ledness I~ere6y securetl, nccounting ~ lo ftie mortgapor ~or any surp~us: to pay a~~ costs, ctia?ges, and expenses, inc~uding ~awye~ s~ees anc~ tit~e searc{~~s, rensor~a~~y incnrrea ur paid by fhe morfgagee because o~ f~?e ~ai~ure o~ fhe mortgngor fo prompt~r anc~ ~u~~y comp~y wilti fhp agreements, sfipu~aHons, conditions anc~ covenants o~ said note ancl fhts mortgage. or eilher: to per~urm, comply u~ith and abic~e 6y each and Puery tl?e agreements, stipulations, conditions ana~ ~ coe~enanls set /orf{t in said note and fl~is mortgage or either. In the event !tie mortgagor ~ai~s to pay w{~en ~ due any tax, assessmpnt, insura~ce premium or otl~er sum o( money paya6[e 6y virtue o~ said nole and this ~ mortgage, or either, ttie mortgagee may pay fhe same, iuithouf iuaiving or a~fecting f{~e optton !o joreclose ~ or any olher ri,yht ~ereunder, ancl n~~ such ~yments s{~all 6ear interest ~rom ~ate tltereoJ a~ the h~9hes~ l~u~- ~ (ul rate tf~~n allou~ed by the Ia~os o( fi~e State o( F~orido. t ~l any sum o~ mortey hereirt re~e~recl fo 6e not prompl~y paic~ within ten ~1~~ days next n~fer ~ t{~P same 6PCOmps due, or ij each and e~~ery t{~e agreemenls, stipulafions. conditions and covenanb o( saitl note a~d fl~is mortgage, or eitl~pr, are not ~ully per~ormec~, compliec~ witl~ and ab~dPd 6y, Iken the entire sum menfionec~ tn said note, and tl~is mortgage, o? fhe entire balnnce unpnid thereon, sha~~ {orlhwitl~ or therea~ter, at t{~e option o( t1~e mortgagee. 6ecome and 6e due and paya6le, anyfhing in said note o~ I~erein ~ fo ttie conirary nolu~ithsfanding. Failu?e 6y ~hp mortgagpe fo exercise any oJ the righfs or opflons herein ~ pronielec~ shnll not fARS~tI11~P a u~ainer of any rights or opfions unc~er saic~ note or fhis mwtgage aecruee~ or Iherea f ler accruinA. • ~ ~n ~~tness ~hereof~ ihe safd mortgago? has hereunlo signed and sealed these presenls the ~a~ nn~~ yc~ar jirsf ahone written. ~ SIg?lPp, SPQ~P~ Q/l~ QP~II'PfP~ tfl ~~P PfpSPRCP 0I: - . ~ ~ .1 ~ p _p ~ ~ ::-...t_~~,a..--C~ .._....__L.'~-h,.PP~7:.-------- E..._.H.....K . ~ ---~PE E ~ ~ /i - - , . ~ ~ ~ - - - - _ . - ; ~3 . ~ ~ ; : , < i ~ ; , _ . . . . . , ; ~ ~ ~ _ . _ _ _ . , ~ ~ ~ : ~ ~ _ ~ ~ ~ STATE OF FLORIDA, ~ f = cou~v~rv ~F S t. Luc ie ? ~ I HEREBY CERTIFY that on this day, before me, an ~ ~ officer duly authorized in the Statc aforesaid and in the County afor~said to tak~ acknowledgments, prrsonally appeared f ~ } ~ E. H. KLUEPPELBERG, JR. ~ to mc known to bc thr pe~rson described in and who eaecuted the (oregoinq instrumrnt and he acknowkdged ~ before mc that he ~x~cuted the same. ~ WITNESS my hand and o(ficial seal in th~ County and Stat~ last aforesaid this dar of ~ i ~ Juiy A. D. 1976. _Y ,M1 ~ ~ ~ ~ i ~ - ~ - ~-~.e ~ t:~- = - ~ - ' - ~ ; - - , , _ . , 3 ~~o~z~, X F~sti ~,ti ~cL•:AEiE~ _ ST. L1L~:.;~ LG Ji1T~ S LA- _ ? ' Ctfk~~:.~ 't~' COi.RT ' i~ Ff "nF~ ~r ~ ."~t~ ~ ~ ~f ~~s 58 PH'~~ ; % lris lu~lrrnae~»I f~r~ f+~~re ~l 1 y: * ' :1~/~Ir~:c~ Tha[~S F. Fleni~g III ~ ~ P. 0. Box 970 ~ Fcjrt Pierce, FL 33450 ~ ~ ~ Asst . Vice-Pres, First r.-. ~ z~ pp~,~ ~ I ~ - National Bank of Fort Pierce _ ~ _ . _ _ `