HomeMy WebLinkAbout0641 an~ sl~a~~ per~orm. ~-~~~nly u~ifh and a6~dp 6y ~1~ ant~ every t~e agreemenla, sttpu~at~orii, conditions ant~
conenants ~herew/, und o~ Ihis mart~~ape, l~en t{~i~ mortflape and 1hs eafafe here6y C~PQ~~, si~all cease, de-
te?mine m~d 6P null ar~d noid.
n1~Y fhp morl~a~or heri~tiy f urther coi~enanfa and agrees to pay promptly when due Ihe principul and
i~iteres! an~ ol~Pr sums of money provi~ecl ~or in saicj nofe and ltits mo~fgage, or ei!{~er; to pay a~~ and
singu~ar fhe fa.rps, assessmenls, IPVlPl. ~tabi~ilies, ob~ipafions, and e~cum6rances of e~ery ~afure on sntd pro-
perly; to permil, commil or su(~er no wa~fe, impai~ment or c~eteriorufton o~ said ~nnc~ o~ fhe improvemenb
1hPrncn al any Iimp: to RPP~/ I~IP I~uildinfts nou• or I~erruJle? on said land jully insured in a sum of not less
~I~an full insurable value
tn a company or compani~s accppta6l~+ fo the mortgapee, the policy o~ poltcies to 6e held 6y, ancl paya41e
fo, sai~ morfga,qee, un~ in tl~e event any sum o~ money becomes ~ya6l~ 6y uirtue o~ such In:urance I~e
mortgagee sl~all hai~e !he ?ight to rn~-eii~ and apply fhe same !o the inde6tednesa here6y secured, accounting
!o fhe morfganor (or any surpliu: fo pay a~~ cosfs, c{~arges, a~cr expensps, including ~awyers ~ees ancr tif~e
searchps, rpasona6ly incurrecl or paid by Ihe morfgagpe 6ecause oJ Ihe /ailure oJ the mortgagor to promptly
and ~ully comply u~ith If~e aA?eements, slipu~nfions, coru~ifions and rni~enants oj said note and Ihis morlgage.
or either: !o perform, romply with nnd a6ide 6y each und every 16e agreements, atipulations, condittons und
rnvpnanls set /orlh in said note and this mortgage or eitl~er. ln fhe event fhe mortgagor (ails fo pay u~l~en
due any tax, assessment, insurance premium or olF~er sum o~ money paya6le 6y i~irtue o/ said nofe and tl~is
morf~agp, o~ eil~ier, ihp mortgn~ee may pay fhe same, withou! waiving or nf~ecting ttie opfion fo ~orec~ose
or any oll~er righf l~prPUnder, and all sucR paymenls stipll Genr intprest ~rom date thereo/ nt ~he higtiei! law-
~ul r~te 1h~n allotved by Il~e lau~s o/ the Stafe o/. Florida. -
~l any sum o~ mon~v h~rein re~Prretl lo {~e nol prompl~y paid wilhin 3O ~nys next aJter
fhe same b~com~s due, or iJ eacl~ and enery the agreements. stipulations. condiiions and covenants o( said .
~olp and fhis fllOfl~AqP, or pither, are not ~ul~y performed, complied witl~ and a6idpd 6y, then !he entire
sum menfioned in said note, and ttiis mortgage, or tl~e enfire ba~ance unpnid ihereon, shal~ fortl~witF~ or
fhereaffer, af Ihe oplion o( t1~e mortga~ep. 6ecome and be c~ue and payable, anyt/~ing in said note or i~erein
to Ihe conirary nofu~it~~sfanding. ?=ailure by ftie morfgagee fo pxercise any o~ the rigf~is or opfions tierein
proriclec~ s~a~~ nof consfih~fe a u~ainer o~ any ri~hfs or opfions unc~er saic~ nofe or fhis mortgage accrued or
fF~prea~l~r accn~ing.
~I~ ~~L„~.7 ~hereof~ ~~IP SQ((~ mort~~ac~ ~IQS I~PrPUnfo SIqI1P~ anrl sealecl lliese presenfs ~~P
~ay an~~ yrar Jirsf a~~ore u+ritfert. /
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STA7'E OF FLORIDA, ~
~ ~ Cnt'\TY t~F S t. Luc ie
I HEREBI' CF.RTIFY that on this day, before me, an
~ o(fi~~r dula~ authuriz~d in th~ Statr aforesaid and in th~ County afor~said to tak~ acknowled¢m~~nts, prnonally appeared
~ DONALD E. RYAN and JEAN H. RYAN, his wife,
I to m~• known to hr- th~• p•rson S described in and who faPfUlP(I th~ forr¢o~nq mstru~n~nt and they acknowledRed
~ Fxfor~ ~nc that they cxccutcd the sam~_
~
~\'17'~F.SS rt~~ hand and offi~ial sca) in thr County and Stat~• last afor~said this 31St da~ of
~ ( Mar ch n. ~ y 7 8.
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: Notar Puli ~ ~ ~ ~te ~~~o ~ori ~ a-~ a
F!LED AMO R`ppR fp ~rge . My ss ron expire s:
~ fT. lUC1E COUMTt? ~1~. ~ ~'O .
aoCER rp+t~~s ~ ;
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: r! ERK CtRCUIT COU
? ~ ~'-_t'`~fC _ . ` .
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~ Ap4 I~ 3 ~s PN'1~ , . _ -
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~ t~r~ ~~tt ~iu w~n er ~ '
!%u~ l~~sln~rnr•~il prr f~r~rr~/ l~y: $pENCER B. GIIBERT. Attorney at law
~ ; Ic/r/r~xs Z!0 S. ifA0N0 =TflL~T. R. P1EACf. fUl 331l0 BCt~}K~~
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