HomeMy WebLinkAbout0801 anil aholl per~orm, comply will~ and nb~de 6y ~h and every M~d agnsmeriTi~ atlpy~{~ri~, conditlo~r and
eone~ant: thereoj, and o` 1{~ts mo~lgas~e, ll~on this mwtgage and tl~s estata hsre6y crented, sl~all cease, d~-
fermine anc~ ~ nu~~ an~ iwi~~.
nlll~ Ihe morfga{~or {~erv~y Jurlhe~ c~ouenanb and agrees to par promptly when due the pNncipul and
inferesl and oltier sums o~ money provided ~o~ in said note and fhli mortgage, w elf~er; to pny a~~ and
ai?egu~ar Ihe faxes, asaessmenb, ~evies. Ita6illt~es, o6ligalions, und encum6rances o~ evehr nnturt on sat~ pro-
periy; to 'pe?mif, commi! or suf(e~ no waate, impairment o? deferio?ation o~ sald ~ond or the tmproveme~ta
fl~errcn at any fime; to leeep the 6ulldtngs now o~ herea~l~~ o~ anid ~an~ (ully inswed in a aum o~ not ~eas
1{~an ~
in a company or companies accepfati~e fo I~e morfgngee. Ihe policr o~ po~lciet to 6e h.[d 6y, and paya6b
!o. said mortgagee. an~ in f1~e eaent any sum o~ inoney becomea ~yabt~ 6y virtue o~ suck inaurance f~e
mortgagpe+ sl~all have !he rigF~f fo recetue and oppl~+ the aume to the inda6fedness here6y secured, accounting
fo t~e morfgapor +or any surplus; fo pay a~~ eosls, chn~ges, and expens~?s. inc~uding ~awyer~s jeea and f!!~
searcties, ~easona6ly tncur?ed or paid 6y !he mo~tgsgee 6ecnuse oj the ~ai~uro oj ihe mo?tgago~ to promptly
ond ~u~~y rnmp~y u~if~ ttie agreemenfs, slipu~alio~s, rnnclifions and rn~enanfs o{ saFd note anc~ thia mortgage.
or either: to pprjorm. ~omply wteh and a6td. 6r ~~h ~d enery i~s ogreements, atipulationa, condiftons and
rnvenanfs set jortb in said note ond thia mortgoge or eiil~er. 1n the event the mortgagor f
ni~t to poy when ~
due any tax, assessmenf, insurance premium or ofl~er surn oJ money pnyn6fe 6y virtue o~ satd note ~d th~
morlgage, or eit{~er,. I~e murfgagee moy pny f~e same. wit~out wniving or a~fecfing t~e option b~orec~ose
or any other rlgl~t I~eerunder, ancl aII sucl~ payme~ft shall bear [hteresl lrom date Il~erso/ at the I~Igl~e~t law-
~u~ ?ale Il~en allowal 6y ~he ~awa o( the Stafe o~ F~orit~n. ~ _ _
7` any sum of money I~erein re~ened lo be not prompf~y paid wilhin -30- days neare nf te~ ~
tke snme becomPS ~ue, or iJ eac~ anc~ every Itie agreemenfs, stipu~nftons, rnRi~ifions anc~ cQUenants o~ satd
note and this mortgage, or either, are not /ully per/ormed, complied u~itl~ nnd a6tded by, then the entire
sum ~mentioned in said nofe, and t6is morlgage, or the entire bnlance unpaid ther+eon. shall ~orthwitk or
tl~erea(ter, at t1~e option o/ the morfgngee. 6ecome and 6e due and pnpa6le, nnytl~ing tn said note or I~erein
to fhe rnnfrarq notwittistanding. Failure 6y !he mortgagee !o exercise any o~ fke rtg~ta or opttons ~eretn
provic~ed sha~~ not rnnstitule a wdlv~ o~ any rig~fs or options uncler saic~ note or f~is mortgage.accxued or
ttie?+ea(fpr accruing.
~n ~~111~ 1F~e said mortgagor hus hereunto signed and sealed these pr~esenb the
c~ny nn~ year ~i?s! abore writlen.
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Signec~, sea~ed and deline in the presenca o):
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Lorin II . arrett , r .
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; STATE OF FLORIDA, ~ .
€ courri'v oF St . Lucie ~
! . I HEREBY CER'TIFY ttut on thi: day~ betore me~ an
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~ oHicer duly authorized in the State aforesaid and in the County aforesaid to ake acknawkdgmenb, penonally appeared
~ . IARIN H. GARRETT, JR.
~ to me known to be the prnon describe~ in and _ who executed the forcsoing instrument and h~ acknowkdsed ~ •
be(ore me that he executed the same.
6 WI1'NESS my hand and otticiai seal in the County and Sute last aforesaid this I7th dar oI
~ ~ay A. D.•19 ~g. . ~
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z No#ary Pubi'~c, Fbrid~ S~ e Q• a.~ ~
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~ My Commissior? Expires Januory ~/~1 i,i
~ Bp~dad tMu ledoo I~uca~+c~ ~ ~ . ~N ; ,
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~ TJ,is I,wrunu~nt pnrparrd by: ~00~~~7~'~E 1~g '
~ ~~"1~~THIS INSTRUMENT PREPARED BY
~ CHARLES R. P. BROWN
~ p O. BOx 14iB - 301 S. 6rH ST. .
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' FLORIOA' 33480 ~
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