HomeMy WebLinkAbout0792 nnd shall per(orm,: comply wi11~ and a6id. by ~h, nnd erery tF~e agreament~, •tlpuln~iuni, conditions and
co~~enanls ~hereof, and of this mortgaAe, tRen tl~ts mortgage and tl~e o~tat~ hero6y ~-reat~d, ihull cerus, d~-
termine and bs nu~~ and void. .
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t1~p mortgapor hen~by ~urll~er covenants and agrees to pay promptly when dus tl~e prlncipa! and
inte?rsl a~c~ olher sums o~ money provi~ed lor in said ~ofe and fhti rriortgage, o? eltf~e?; to pay a~~ and .
singu~a~ ftie la.rps, assessmenfs, ~evies. II661IIIlPJ, o6~igofio~s, antl encumbrnnces o~ ~very nalure on inicl pro- ~ ~
np jI ~ j d land or fh. i~nprovemena '
perty: fo rmit. commif or su er no u~aste, i irmenf or deferto?ntion o sai {
Ihprecr~ a! any time: to ~PPP I~P. 6uilc~in~s now or I~erwaller on said Iand Iu~ly ~ruuret~ tn o sum o) not ~ess ~
ti~an ------------------------~11 insurable value-------------- ;
in a company or componies acceptab~e !o I~e morfgagee, the po~tcy o~ po~icies to be {~e~ by, and paya6le ~
to, saic~ morlgagee, an~ tn fhe even! uny surn oJ money 6ecomes rxiyabte 6y virtue b~ suc~ inaurance t~e ~
mortgagep shall have ~he ?igl~t to receive and apply the snme to the Inde6tedness here6y secured, acoounting
to ttie mo?Iga~o~ (or any surplua; to pay a« c~osts, charges, and expe?ups, inc~uding ~awyer~t jees nnd til~e
searches, reasonably inc~ure~[ or paid 6y t/~e mortgaqee because o/ the /nilwr o) the mortgagor fo promptly
nnd ~u~~y comp~y u~if~ Itie agreements, sfipulalions, rnn~itions and covenants of said note and I~u mortgage. ~
o~ eifher: fo pe?~orm, comply with and a6ide 6y enci~ and euery !he ngreemenfs, sfipu~ations, conditlont and
covenanfs set Jortl~ in said note and t{~is mortgage or either. /n ths euent tke mortgagor to ~y When
I due any tax, assessmpnt, insurance premium or other sum o/ money paya6le 6y virtue of said note und fhis
~ mortgage, or eit~ier, f{~e mortgaqee may pay the same. wit~out u~niuing or aJ~ecting tf~e option to Jorec~ose
~ or any other riQht herpunder. and aIl such paymenis sl~all I~ear interes! /rom dnte the~ro( at tl~e I~ighest law-
~u~ rale If~en a~~owe~l hy I~e ~aws o~ f~p $tnfp o~ F~oti~a.
Dl nny sum o~ money hereiri re(errec~ fo be not prompf~y paid within thirty (30) day: nexf u(ter
the same bpcomes due, or i( each an~I ei~pry fF~e agreements, stipulations. conditions ancl covenan[s oJ said
note and tl~is morlgayP. or eill~er, are nof f ully per(ormed, complied with and a6~ded 6y. lhen the entire ~
sum mentioned in said note, and this mortgage, or th e entir~e babnce unpaid ttiereon, sF~all /orthwill? or
lhereujter, af ff~e opfion o~ ftie mortgagee. tiecome anc~ 6e d~ and ~ya6[~, anyt~ing in said note or ~erein ~
!o !he conlrary nolu~ithslanding. Failure by tl?e morfgngee fo exercise nny o~ t~e right~ ar options ~erein
proviaed s~a~~ not conslilute a u~ai~+er o~ any righfs or opfions under snid note or l~is morfgage accrued or ~
ttierea~ler accruing. i
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~n ~itness ~hereof~ t~e said morfgngor tins {~ereunlo signec~ an~ sea~e~ these presenls ff~e ~
duy nnd year f irst a6one u~rilfen_ ~ o
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i ig ~n~d. "and^,. tlelioPre~ i tF~e rp~encp o~: ' :
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~ i . - - - - . - ._GEORGS. E: RAKE. ~ :
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STATE OF FLORIDA, 1 '
~ COLiNTY nF ST. LUCIE ~ #
x I HEREBY CERTIFY that on this day, before me, an
~ officer duly authorizrd in the Stat~ aforcsaid and in the County aforesaid to Uk~ xknowledgments, pcrtonally sppeared
~ GEORGE E. RAKE and BET'I'Y RARE, his wife _
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_ to me known to bc the person S describcd in and who executed the forcqoinq instrument and they~:~~~ ~kp~~. :
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before mt that they ~x~cutcd the same. ' ~ ~ ~
N%I1;~1ESS my hand and o[(icial seal in th~ County and Sutg last aforesaid this 28~~ day u( .
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December a. D. 19 77 ; ~ ~
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( ?jlEO ANO RECOR~EO ` ~Q
I sT.LU~IE COUNTr FIA. ~ ~~~~a,~~~~4aT~~~
110CER POITRAS _ . „ ~y~p
CIfRK CIACUI? COUpT ~ M7 c~;:~~~ M~.
v-^~'..~i YfR:FtEn~~ DU:iUG9t11til~~~Cti~i'.'S.[`'i.~~•+~~;wi,tt~,"ra
- ~AN ~ t- 9 ~8 aM ~1~
3~1425 -
. Thk instrumant w~s v.~~~~ nr ~?NITA M. LO PRESTI ~
; Thu I?u~nant~rl pirparcd hy: a~-~~ k''r•~~rr r
f3 ~ n:ce~.3:/ uloC~a~ ,4~ ^fj, r.I e_'t ai~~. F?Of1Q~ ~RSQ -
":.r:,en! c cc;,d~ucns eonU+A~Q IA A j~
. A~i~rrtc G R M buuance c~mn~ement iss,:~ b~r it .
, : ~ r. 2~~ F~GE 77V
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