HomeMy WebLinkAbout0506 ' a?ul shal! pe?~orm, c~omply wtth and a6ide 6y ~acl? nnd et~w~r 11~ op?+~nwntt, attpulatiori~, eondltlau ond j
ea~enanti fh~~eo~. and o~ fhli mortgap~. then lhia n~oNgage nr~ t~~ ~stats I~~n6y a~afad, ihaU c~as~. ~ t ~
~ le?mtn~ and be null and vold.
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Z{I~IL ftie mortgapor hsru6r (uNher covencnts and ngroes to pay pwmptly wlNn dw tl~~ principal and ~ :
infe~rs! and ofh~r sunu o/ money pro~Ided /w in iald nofe and f1~fs moMgag~. or Nlhe*; to pay aQ and
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tingu~ar tl~e faxpi. auessmenla. ~eutes, ~tabt~ifies. ob~lga!lons. and encumbr+oniw o( ewry natun on aatd pro- ~
pe?ty: to permif. commlf or su~~er ?to wwte. impairment or defertonafton o~ aoid ~ond or the tmprowmenb
t~e~rcn a! any flme: fo ~ep the bui~tnga ~ow or hen~al~~. ~,~~d bnd fu~~y 1?uured tn a swn o~ not ~eu ~
iF~an full inBLncdbl@ ValU@
In n rnmpany or co~npanies acrNpta6~e lo i~e ~nortgagee. Itie po~tcp or pojlctea !o be held 6y. a?uY papab~i ~
to, aald morlpaAea, and tn t6e ~.went ~ny sum o~ money 6ecomsa ~xirabb by vlrtue oj tuclt insuranc~ the
n~ortgagee s6all hav4 el~e right eo recetue and opp[y 11~e snme to tl~e tndt6tednas i~ereby secural, ncY.~ounttng
~O IIIP mortga~or ~or any aurplus; fo pay a~~ eosts, c~arges, and expen~es. i~cl~ing ~awyer s f
eea artd t1t~e
senrcl~PS, reasono6ly i~cuned or pa~d by the marfgages 6ecause o~ tha ~ai~ure o~ !~e mortgngor to prompt~y ,
und ~ullp c~omply u~ill~ tl~e ag?eemenfa, sttpu~afiona, condltlons and couenants oJ sni~I note ancl tT?is mortgage. ~
or eit6er: to perjw~n. c~nmply wl~h and abide 6y each and every the agreements, rlipulattons, rnndFtiona and
co~~nanls set jorlh tn satd note and thta moNgage or eit6er. In ike suent fke ?natgagor jat4 to pay wb~n
due any tax, assessmenf, insurance prrmium or ol~er sum oj monep papa6le 6y vtrtue oJ satd note and thb
mortgnge, a~ eitiie~, t{~e mortgage+e may pny the same, wtthoul waiu[ng o~ n~~ecttng f~e opfton to ,oncjose
or any oiher rtgl~t herpunde?, and alI suc1~ paymenls ahaU 6ear Inte~t ~rom date therro( at Ii~e I~igl~et! Iau~-
(u[ rale then a[lowed 6y t/~e [au~s o~ ihp State of Florida.
~L any sun? o( money f~erein re(err~ fo ~ie not prompf~y paid wifhtn ($0) c~ays next af
ter ~
the sump hecomes ~ue, or if each ancl euery fl~e agreemenls, alipu~aftons, eondifioru and rnvenanb o~ satd
nofe and l~ls mortgage. or eil/~er, are nof lu~~y perfonrted. comp~ied wif~ and abtd~d by, t~en t~e e~fin
sum mentton~ in saic~ note, and t~is mortgage. or t~e entire ~u~artre unpaid ther+eon. thau ~ort~wll~ or
~eren~ter. a! the option o~ fhe mortgagee. 6~ome and 6a d~ ~d ~~ro61., nnyfl~ing in~d note or ksretr~
to Ihe ronfrary notu~itF~sfanding. Failu~ 6q tl~e ntortgagee !o exer+cise nny oE !he rig~4 or~i~tiaru ~erein_
pnnvtded shn1l nol constifufe a~ walver o~ uny rtg~ts or options unt~er salc~ nole or this n~ortgage aceruea or
t~erea~tc~ accruing. .
~n ~~LIl~ ~~~l~ t~e aaid mortgagor 1?~u i~erwunlo signed and sealed these presents 11~r '
c~ay an~I year jlnt aboi~e wriNen. ~ '
S[gned, seale~d and cle~inerc~ in tl~e presence o/: ~
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~ GL . ~5';'~.J : S~; fi=us~ee" - -
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STATE OF FLORIDA~ ~ (
CoU~'['v pF ST. LUCIE. '
I HEREBY CERTIFY that oo thu dsr. betae me~ an
ofGcer duly authoriud in the Stat~ aEoresaid and in the County atwesaid to take scknorrkdsments, penonaUp appeared
GERALD S. JAMES, Trustee, ~
. to me known to be the prrson descn'bed in and who executed the toregoing initrument and ya~knowledsed i~
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before me that he e:ecuted the ume. _
W117VESS my hand and otticial stal ia the County and Statc lut atoraaid this y."'•dar of 11
` j ~ ' ~ ~ ~~y ; . ~
u,~( A. D. I9 , xi.~ ~ _ ~ .
GLC~
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;q~. ~s.~''S., ..~`1 ~ . 6
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:~y3?;~~ ~ `~-t-~.'~-- C~ ~
NOYd~ PUbuC Std~ Of . ~ ~
M1/ aQ[IR~.38102] E~~r28 t: lo - ~~~~`s,• '
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l7,u h,srn.mc,rt p,rpr~nd by: CT~tAIa S. J~ ~ .
Past Of f ice Bax 308
. A~lilaxs Fbtt Pie1~e FiA 33450 ~
(305) 461-2~00 a00K ~:t~ ~ PAG~ 5~
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