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HomeMy WebLinkAbout0445 i ane~ s{?a~~ per(orm, c•omply u~i1h ~n~~ a~ide by eacl~ and every Ihe apreem~nts, sfrpu~atior~s, conrlitions anel covenanls Ihe?eo~, and o~ t/~is mortgage, ~hen this mo~t{~n~e and tl~e esf~ita here6y cr~ate•~l, sho~l cease, de- termine an~ be null an~ aoid. T1111~ t~e a~o?Igagor here~y ~u~Iher covenanls and agrees to pay prompt~y u~~en c~ue ttie principQl ari~ 1 i~teresl and othe~ sums oj monpy proc~idecl Jor in said note end tl~is morJgage, or pither: to pay all and singular the tnxes, assessneenls. [~~~e~s. Iia6ililies, o61iga1ions, and encum6rances oJ every natute on sai~I pro- perty; to permit, commi! or su~~e~ no waste, impairmenf or ~eleriorofion o~ saicr ~and or f{~e improvemenls thpreon nt any lime; to lreep Il~e 6u~ldi.~ys nou~ or herenjter on said la?td ju~ly insured in a sum of no! Iess Ihan pil in a compnny or compnnies acc~pta6le fo If?e morfgag~e, f{~e po~icy or po~icies lo be hp[d 6y, and payable to, saicl morlgagee, nnc~ in t~e ei~en! asty sum o~ money ~~ecumes puyu6~e ~~y virtue o~ suc~ insuretnce I~e mortgagee sha~~ hai~e fhe right to receive ancl apply tl~e same to tiie iric~e6teclness hereby secured, accounting lo f~e morlgagor ~or any surpjus; lo p~y atl cosls, char~es, anc~ expensAS, including lawyer's ~ees an~ fif~e searches, reasonn~ly incurrec~ or ~a~d by ~hp mortgagee 6ecause o~ Ihe ~ai~ure o~ t{~e morlgago~ lo prompf~y + a~icl jully comply u~ith tl~e agreemenls, stipulations, conc~ilions and covenanfs o~ said nofe anc~ t~is morfgnge, or eittier; to per~orm, cotnp~y u~ilh and a6ide 6y each and euery Ihe agreemenls, sfipu~ations, conditions arid covennnts sel ~ort6 in snid note and this morlgage or either. In the ei~ent the mortgagor fails to pay u+{?en I ~Iue any lax, assessmenf, i?tsurani~e premium or other sum o~ R~o?~ey ~ya6le 6y virlue o~ sai~ note nnd lhis ?nortgage, or eifher, f~e mortflaflee mny poy ff?e same, ioil~out waiuing o~ aJ~ecting ttie option to ~orec~ose or any otF~er rig{~t hereunc~er, a?id all such pavments shall 6ear inlerest Jrom date thereo~ at the highest Iaiu- f ul rate tlien alloived 6y the laios o( t/~e State o~ F~orida. ~ ~L any sum oj ?noney her~in rejerrPC~ to be not pro:npt~y pnid u~ifhin thirty duys next ajter ~ t{~e same becomes dup, or ij each ond every the ayreements, stipulalions, conditions and covenants o( saicl ~ note and Il~is mortgage, or ei~her, arp not Jully perJormed, complied with and ab~ded by, 11?en the entire { sum menfioned in said nole, and tFeis mortgage, or t~e enlire balance unpaid thereon, slta~I ~or~/uqi~h or fl~prea(ter, at t~e option o~ t~~e mortga~e~, ~ecome and be c{ue and paynble, anyf~ing in suid note or~~eereen to the confrQry notu~i[~stanc~ing. l'aiture by tl?e mortgagee to exercise any o~ fhe rig{~ts or oplions tierein ~ prouicled s~ia1~ not consfitute a waiver o( arey righls o~ options unc~er snic~ nole or fhis morfgage accruec~ or ~ thereaJter accruing. ~ ~ ( ~ ~ I ~ I~ - i~ . ~ (COkPORATi: ~n ~~tness ~hereof the mortgagor {?es cnusec~ t{~ese presents to # ~ ~ ~~~•a~J be executed in i1s name, and its corpor4te seal to 6e {~ereunto af jixed, 6y its ~ ~ il i; proper o/Jicers ihereunto duly aulhorized, the day and year ~irst a6ove written. ! ; - ; ~ , - + ; ; ; :~TTES~t': _~y'_. _ _LZHEAI'X..$.AF'~~5~_..~URCH_ OF_.FORT_.PIERCE, ! ` ~ ; DAVI . 000 Srcrelary INC . Sign senled antl cl Iive ed 'n~ t1~e prPSence o(: ; ~-z/ , I n Ry----------------'-~-~--•---=--._....---=------- - ~ W L COOLEY , - - - p . . ~ , . rcsi~nt ~ i ~ • ' : •-'~:N..!~ . " . 1~ - ~ t - i ; ~~Q FLORIDA ~ ~~t~~ O~ ST. LUCIE ; `~J ` 1 HEREBY CERTfFI' t6o~ on ~6ts ~lay. 6e/on rnr. w~ o/J~cer duly aw6w~red in ~be S~oee and County o%nsoid ~o tolee ocbwrrledg- ~ 5 mente. personal(y appeurrij - W. L. COOLEY and DAVID A. COOLEY : uYtl Imo,~„ ~o ~~0 6< <I,~ PrasidP~~ ~„d Secretary n+~~a(> ~J ~b~ ro.~,~o.~ ,p,~d ~ morlgugor in I~e ~orvgoing insfrument. and t~al t~ey svrena(fy ac~enouae~{ged execulu~,q I~e somt. in I~e presenor o~ lmo su6stsi6ing uri(~fses. ( (reely ond ~~unten~y urult? authwi~y ~luly restn/ in I~em 6y wi~ co?porwion and II~W lf~e seal a'(iace~ t~ereto is t~e frw cwparoft t~ol o~ soid coiporclion. wR:V~S$ my l~aru( and o~~icia~ ssal in !~e Cowtly an~ $folt ~asf a~on~oid if~u Stt1 ~y p~ .18I11181'}~ .:.,l~.:R ~9 .78. EtLEU ~MU k C' »vEp ~ ~ Si:IUCtE ~0~1~~ f11 . , ~ ' PGG: ~ rviiflA°i • . : , . , ~y ' ~ C!1!: ^ r . _ ~ C~ _ . . • - ' • - ~ , - - • - ~ , _ _ - ~NOTARY PUBLI ~ ~ '.ti~h - ~~1~ I nsPtrl'io ~y_ r.. - ,'r'.'.dt~'~~: ,rl, L ; t~ : . ~ p ~ . . , : , ~ ~ - ~s .i ;;e 16~ 1~d1 . , ,j G~:,?~~u~~wa txr ~ -,.t,~ ~3~U~.y1 ~o ~ . '!'/rts I~wnun~ ~i~ p~cpa~~~! by: $D(1((~ Arlrlitxt ~ ; ; . -