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HomeMy WebLinkAbout0993 ~ . nnd shall perJorm, comply wif~ a~id a~ide by enci~ and e~~ery t1~e ngreements, itipulafions, conditiont antj rni~enanls tf~ereo(, and o~ this mortgagP, t1~en tl?ts ~nortaage and II~s estate l~~by creatrd, s1~a11 crais, de- Ie?mine and be nufl and iwid. ~n~ I~w mortgaflor ~errby (urt~er covennnt: Qnd agrees to pay promptly w1~en t~e~e th~ pNncipal and inferrsl and ot/~er suma o~ monpy pro~l~ecl ~or in saic~ nole an~ l~eit mo~tgnee, or eittier; fo pay a~~ nnd singular t~e taxes. assessmenfs, jevie~, ~ea~e~ifles, obltgullons, on~ encumbrances o~ every nnfw~e on satc~ pro- ` perly; to perntil, connrntt or ~u~(er no woste. Fmpai?menf o~ deteriorotion o~ auid land or fhe ienprovemenfs IhPreon al ony 1ime: to l~eep the building~ now or herenjter on .atd lo~d Jully insured in a sum o( not less rl~an highest insurable value thereof - in a company or companies accepta6~e to tke mortgngee, ehe po~icp or po~icies to be held by, nnd ~ya6k fo, sai~ morfgagee, and in ftie euenf any sunt o~ money 6ecoene~ ~~6~ by virtue o~ such insurunce t~?e mortgagee shn~~ have fhe rtgh! to receive and npply tl~e same to tl~~ indebtedness i~ere6y secured, acrounfing } !o t{~p mortgagor (or any surp~us; io puy aj~ costs, chargei, ana~ expenses, including laury~s Jees and ttt~s ° seorcl~es, reasonnbly incnrred or paid by the tnortgagee ~ecause o~ ths ~ae~ure o~ Itie nwrtgagor !o pron~t~y anc~ (ully comp~y with the agreemenfs, sfipujaltona, conditioru ond rnusnants o/ snid note and t6is mortgage, ; or eifher; to per~orm, coneply with a~d abide 6y each anc~ every the ngresmenU, sfipu~ations, conditions ur?d coe~enarets sej /ortl~ in said note and thu mortgage or eithe~. In fhe event the ~nort9agor /nils to pny w1~en due ony tax, assessment. iruurance premium or ot!~er :urn oj n+oney paya6le 6y utrtue of said note and 11?ia morfgage, or either, ftie mortgagee may pay the same, withouf wntuing or nf fecting the option fo (orec~ose 's o~ any other riqF~f hereunder, and alI such pnymentt sha~l 6ear interest )rom date the?eo~ a1 the I~ig6est lau?- ~u~ rute then ailou~ed by the lau~s o( tF~e State o/ F~oridn. ~ Dl any sum o~ ?noney ~erein re(enec~ fo be nol prompt~y puid wit/~in thirty dnya next a~ter the ~ame 6pcomes d~ie, or i~ eacl~ nnd every fhe agreements, siipulaiions, rnnditioru and rnvenants o~ said note and tf~is morteage, or either, are not )ul[y ~/ormed, complied with •and ab~ded by, then Il~e enti?e ' sum mentFoned in said note. and tk~ mortgnge, o~ il?e entire babnn unpaid theneon, shnU (orehurith or lhereaJter, at tl~e option oj tRe mortgagee, becorrie ~d be d~ a.?d ~,ya64, nnything in iaed rtole or leerein to t~e contrary notwitl~stnndiRg_ Fnilure by the rr~ortgagee to sxerrlse anr oJ f~e rig~et: or opfions tierpin ~ providecl s~a« not constilule a waiver of artr rig~ts or optiortt ttnder snic~ note or t~is rnortgage nccrued w fhereafter accruing. } ~ ~n ~itness ~hertof ~ ~ !he said rrwrfgagor {~ar leer+eunlo siqned and sealed thete presenls the ~ cjay an~ yeer lirst a~oue writlen. ~ f i Signed, senled and deliuered in 1?e presence o~c ~ ~ . . ~ - - - : ~ , , " era ld S . Jaiqes ~p ; ! :~~~.''~c .._.'v_.l"~tc~,,./~~~.-~ ~t~, S~1 I . . F ~ ~ - . ~ ~ - - ' - ~ : FILED "Al1IIYtECORtif$---- - - - - - ~ : ; ST.IUClE COUNTIf FtA_ : ' - ROCER P011RAS ~ ' ~ ~I~RK'L;RCt1tT'CCUR-1-- - - - - - - : , •r~, v~ ~~FIE9 . a JaN 13 10 oa ~N'18 ~ ~ ' _ STA1'E OF FLORIDA~ ~ COUNTY OF ST . LUC I E ' I HEREBY CERTIFY that on this day, be(ore me~ an offecer duly author+:ed in the Stat~ aforcsaid and in the County aforeuid to takr acknowkdsments~ persorulir appeared ? Gerald S. James . to me known to be the person describcd in aod who ex~cuted the lorcqoi~g instrument and he ack~wwkd6ed be(ore me that he executcd the ume. WITNESS my hand and officiai seal in the County and State last aforesaid ehis 12~ dar of s January A. D. 19 78. ~ : °~/~fC `C:L"'_...iC.`..~c':----''-~--~~~-v---='...; ~ NOTARY ~UBLIC , State of FYorida at Large. My commission expires : •~i~, „ ; •..'~s ~r.r ~ - ~ _ - ~ r. . Thit h~s~rrniralt prcpnred l~y: . . A~l,ficsr s~ 800K~?W PAGE ~ ~ ~