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HomeMy WebLinkAbout0653 ond aka~~ pe?jonr~. rnmp~y wifti and abldt 6y ~ack nnd swry agntnunb. •tipu~atbni. eor~ltio~s ond c~o~~anb thereo~, a?~ o~ t~i~ mo~tgnp~, f~en ltiii mortgap~ nnd 1~~ ~~tat~ h.~.6y r..o~.d, •haU cyaa~. ttne~in~ and ~ null nnd ~wid. ' 9 ~ ~hp mo.e9~or hewby runh.r ~ow+~~a a~d ao?w, to par n+n+~p:ly Wh.n dw ~h. p?t?~tPal a.~d intsrett nnd ofh~r :wna o~ money provIcle~I ~or in iald nob nnd fkia morlgag~, or ~If~K; to poy au and aingu~ t~e tnacea. assesame~fs, ~evie~, Itabllltfs:, ob~igallons. ~d .~cwn6~.a oj ~v~r~? nalun on aatd pro- pMy: to permit, commit or iu~~~ no wasfe. impatrnten! or dQtertor+ation ol said ~and or t~t irnprou~m~nb ttiereon of any fime: to ~reep l1~e but~ings now or 1~ernajter on sntd ~and ~u~~y tnsurocl !n n sum oj not ~e~a il~a~ full insurable vttlue ~ ln a company or companies acceptab~e to fhe moHgngee, ths po~Jcy or po~iciea fo 6. heW 6r. wed pnpnb~ to, iaid morlgagee. ancr in the enen! any sun~ o~ money becomsa ~~61~ 6y vlrfue b~ tuch inswancy f~t n~ortgogee shaU I~ave the rtgtit fo .~e~w a,~d ~ply eh.:~. eo t!?. t~debad.~.u 6em6r ,.~~,~d. ac~.~ountinp to i~e rnortgagor ~or any aurp~us: fo por aU c~osls. c~urgos, nnd expenses. tnc~uc~tng ~awyer s~ess and Ht~ ieorchea, reasona6ly incu?rnd or paid 6y Ihe morlgagee becauae of t~e jai~un o~ t~ mortgagor fo prompt~y and f ully rnmply wttk 1l~e agreements, stipu~afions, condttto?u and couenants o/ satd note and thti eno~tgap~. or ett{~e~: to pe~orm, co~nply wtt6 and a6tde by eacl~ a~d svery ftie agreernents. ~tipulatioru, oondtfiona and rnvennnts set jorfh in snid note and thb mwtgapa or eit~er. ~a fhe event tht n~o~lgngor ~at~t lo par w~tn due any Iax, a+aessment, insurance premtum or ot~er sum oj moner ~ra6[~ 6r virtue of snid note and tkb niortgage, or eit~er, f~ie mortgagee may pay t~e rame, u~itkout waivi~g o~ af fect~ng ths option to ~orec~ose ' or any other right I~e?eunde~, ond all sucb paymenb •iwU 6ea~ interest Jrom dnte thorro( ot the l~ighest Iaw- ~ (ul ~+ate then albwed 6y tl~e lau~s o~ the Stnte of Flo~tda 1` any sum o~ money herein re(err+ed to be not prompt~y poid witkin t3'l11"~f (30~ ~ dapa next ~l~r t~e tame bec~omes due, or i~ enck and every t~e ngreernenb. atipu~afions. conditions nnd oovenanb o~ satd note and thts mortgage, or either, nre not Jully performed, rnmplted with and a6td~d 6y, then tlie entir~ sum menttoned in snid note, and tl~t~ morfgage, or tl?e entire ba~anc~e unpatd tl~ereon, shuU fortl?wtth o? Ihereujter, ut the option oJ the rnortgagee. 6ecome ~d 6e dw a.?d ~~bl~, anything in said not~ or h~nein fo the confrary nofwifhstnnding. Fni~ure 6y f~e mortgagee fo exer+cue nny of t~e rig~ts or optiwu her+tln prov~ded shaU not constifute a watver o~ any rights or opfiona under aaid nole or fl~ts mortgag~ acaued or t~e?eaf ter accruing. ` ~R ~Lll~ ~K~LOL~ the aaid morfgugor ~as ke?eunto signed and sea~ t~ese pnsenb t~e dny and qear ~irsf above written. Slgned, sealed }u~d de~tuered in tl~e presence oJ: ~ ~ ~ , f . - . ~ . ~ . T_~. ..__..,,`__~-lr.~c~?~:=.....--~---------•----- - - - _ . ~l~ ~ E E AN':' _ . / , ..----.:.:.:.C''..~-~K.-~,~~.....~>I-r~L~:~/-~---•--- ~-----~------....13_. ~ . GERALD HOLMES " ; - _ - ! - ; ~ . ~ S'I'ATE OF FLORIDA. ~ CoUrrrY OF ST . LUCI I HEREBY CERTTFY thae on thu day~ before me. .n o(ticer duly authoriud in the Sute afore~aid and in the Couaty a(orcsaid to take acknawledaments~ personaUy appared CLYDE E. MERCHANT and GERALD HOI,MES to me known to be the personS dcscn'bed in and who ta~ecuted the (ore6oins instrument and they~~kAOr.~t bdare me t~at they~~„t~a ~ iame. WITNESS my lund aod of6cial ~eal in thc County and State last atoraaid this 28~1 da~ o[ MdrC$~ A. D. 19 78. ~ ~ , ~u ~v ~ f ~'I-d2Z~c~~ . - • FIlEO AN~ RECUR~t y ST.lUC1E COt;k~Y ~ ~1otaYy Publi~~ State of Florida at Large. ~ . ~ My canmission expires: ~ ~ ~ Y.e ~Q ? ~~-:~.-f ":c':c, e•uh of r:,lde or largs ~I~R GJ I L. QI '8 6`.y Gcmm~as~oa .;;;~5?at S~pt. If78 ~ ~ Bo :d~~ br amu~ca,? Rn,~ G~adti, c.. ~ ~~~7~JV v ~ , ~ ~ V. ~ , C _ ~ ~ J ~ _ . ~ ~ L_ • • _ . O 1 ~ ` z~u I~a,~~ p?rpd„~ by: , , _ . . _ . ; , : ~ - : ~t^ ' • , - . - ~ r. - St, Add,r.~ . . ~ '~~_~~~~~:,s . : . Flr,'':::i, Fo~~.= F~~- ~ g~284 ~ 65~ - - ~ ~ _ _ _ _ ~ ~ : - - _ - :