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HomeMy WebLinkAbout0454 nn~1 sh~ll per(orm, romply wi~h a~~~l a6~d~ 6y eacb urid e+~ery fl~s agreeme.~b, aNpulntlo~, rnridifions and co~~e~~anls IherPU~. and o~ Ihts mwtpas~e, Ihan Il~ia mortgage and Il~s tatat. hp.e6r crnalod, il~all cewe, d~- fprmine anc~ 6e nu« an~ roid. j • IUl1~ Itiv mo?Ipanor l~emby ju~flier co~~enanfa ana ag?ees fo poy pwmptly when due the princtpa! nnd infereal anc~ ofher sums of money proui~~ed for in said nofe artd ftill morlgage, o~ eilhe~: to pay a~~ a?~ slnflular t~p fa.rps, assessmenls, ~evtra. IiaGiltlle~, ob~lflafloni, and e~cumbmncei of every ~alure o~ saId pro- perly: to ~em~tf. commil or su~~pr no u~aafp, impoirment or c~eteriorafion o~ aaid Innd or fhe tmprovemenl~ thrrrc~~ at any timP: 1o Ire~p Ihe buildinns nou~ or herea(ter on said land Jully insured [n a surn o~ not Ipsi ~ than •$25, 000.00 !n a~•om~~any or companies QCCP~)~~6IP fo Itip morfgagee, I~~e po~tcy or po~tctes fo tie I~pid by. anc~ payab~e ~ fo, S(il~ IIIOrI{~QqPP, an~ in Ilip PVPIII any sum of money 6ec-omes payab~e hy virfue o~ such insurance ftie ; morlgagee stia~~ tia~~e ftie rigtif to receit~ antl apply Ihe sarrte fo tl~e tnde6tedness 6ere6y secured, accounling I fo f{ie morfganor (or any surp~us; fo pay a~~ cosfs, chn?pes, and expensps. inc~udtng ~awyer's (Pes and tille c~~rtiPS, rPUSOnab~y incurrec~ or pai~ tiy II~p morfgapee hPCAIISp o( 1/~e (ailwr o~ fhp mo?fgagor !o prompl~y an~ ~ullv romply «~ifl~ flie ugreemenls, sfipu~afions, con~ifions anc~ covertanfs o( saic~ nofe an~ ftiis morlgnge. or pil~~er; to perform, c-omply with and a6tde 6y eacl~ ancl PI~PIy i~P agreemenft, atlpu~ations, rnndillons and covennnfs spf fwlti in said nofe oncl !h(s morfgage or elttier. ln the evpnt fhe mo?tgagor ~ai~s lo pny u~~en clue any tor, nssessmenf, insurance premtum or ot~er sum of muney payab~e 6y virfun oJ saicl ~ot4 an~ thts ; mortpage, or PII'IP~. f{~e morfga{~ee may poy fhe aame, without u•aiving or a(lecfing Ihe opfion to forec~ose ` or any ol{~Pr ?ig~f F~rr~umler, a?id all such paymenfs s6all 6ear inlerpst ~mm date I{~ereoJ at ~I~e h~qhpst !aw- (al r~le 16en a~~oiaecl by Il~e ~ains of thn Stote o~ FlorirJa. - ; any sum o( monev I~arein ?e(prre~-lo 6e no1 promplly pnid wiftiin 3~ aays next n~ter f{~p samP tiecomPS ~ue, or i~ each O/I~ pl~Ply I~P apreemPnfs, stipulafions. conclilions anc~ coreriants o~ sai~ nole and fhis morl~a~e, or eilher, a?~ nof /ully pe~ormed. complied wilh and a6td~! 6y. Ihen the enfire ~ sum mentione~l in said note, and this mortflage, or 16e entire balanoe unpaid ther+pon, shall Jorlhwitl~ or f~ereaJler, a! fti~ option o~ !/~e morigagee, ~ecome and be due and pnya6le, anyfhing in said nofe or tierein to I~e ronfrary nofu~ifF~stanc~ing. Failurp 6p f~e mortgagpe to exerriae any of t{~e rigRfs or optio?u ~erein prot~ic~ecl sha~~ nof consfifufe n waiver of an~ riqtifs or opfions under saitl nofp or ftiis morfgage accruei~ or ~ f~ereo~li~r accruing. ~n ~~lll~ Ihe satd mort,yogor has hPrPUnto signe~l and spalecl these preaents 1{~p ~ay an~ year firsf abone toriffen. ' $ign seal~ and c~e 'nerecr in !he prpspncp o~: , _ . ~ :-•-1,.•-•-•-•••--•.... . ; - - - ~ . . - . Thomas R. Reed ~ Ll.~I~'r.~,;~j':.... . --1--~~-~---- ~ ~ ' ' Vicki L. Reed , ~ ~ ~ f ~ STATE OF FLORIDA. ; ~ i COU~iTY OF St Lucie I HEREBY CERTIFY that oa this day~ betorc me~ an ~ f officer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowkdgme~ts~ pcrsonally appeared Thomas R. Reed and Vicki L. Reed, his wife to me known to be the p~non $ dacr'bed in and who e:ecuted the fonqoinR instrument and they acknowkd~eed be(or~ me that they ~~cuted the same. W17;'VESS my hand and ot(icial seal in the County and St~tr last a(oresaid this ~day d A. D. 19 , ~ 1_ V`• . ' , j ~ ~ - . + ~ ~ ' ~ - ._...Y_--•------• ~ C , ~ '.e ~p RECTy 1'~6tar Public tate o~ F16~'ida - ~ S~` a°~Q~ ACU T C~ ~t ~ at Large ~ _ - ~ .i ~ r.• ~ _ t ~a,c~EO My comm exp: 7 ~ c:-~`, = , , 's ~ _ - -1.,,.,.. . ~ 3 i2 3~ ~M' - 368192 ~ Thu In.~ranu~»I p,rpa,rd by . HAROLD H. GOLDMAN ~ ~ ~j~(] ~1dilrr_v Attorney at law BDOK~.Vc7 P!!t~ 2785 Morningsid~ Bwd. ' ~ Pt St L,uci~~ FIa. 33452 ' ~