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HomeMy WebLinkAbout0050 ii anc~ s{~a~~ ~rform, comply u~ilh and aE,ide by eoch and ei~sry f~e ag~eements, sftpulatton's, condtflons and eonenanfs tl~ereoJ; and o~ 1h~s n~orina~e, then fhis morfgape nnd tl~e eatats l~ere6y crealed, :hall ceaas. de- lermine an~I I~e n~d~ a~~d cwid. - Iil~f[ fhp morlpanor hern~y ~urtJ~e~ covennnfs and agreea !o pay promp~ly when dus ~he prtncipal and inte?raf anc~ ofher sums o~ money proe~i~ec~ ~or !n soia nofe and thia morfgage, w eilher; fo pay a~~ and singu~ar lhc~ l~xea, asaessmenla, IP1~~PS, Iin61lili~s, oG~i{~ations, and encum~mnces of every natu?e on satd pro- perly; !o permll. rommit or su~fer no u~asle, impairmenf or deferiorafion of said land or ttie improvemenb .therecn at nny Urr.e: !o IlPPP IIiP F,uII~Iings nou? or hernaJt~r o~~ said land /ully insurc~ in a sum oJ ~ot less ~han its ~ull insurable value . ~n a cumpany or companirs accepfn~~e lo Ihe morfgag~ e, 1{~e po~tcy or po~lcies fo hpid by, and payable to, said mo?tga~ee, and in IIIp PVPII~ a?iy sum oJ ?nm~ey becomes paynble by i~irtue o/ such tnsurance 11~e morlgagee Sh~U /IQI~P the rigf~l to ~P('p/l~P aR~ apply fhe same to the inde6ledness hereby securecl, accounttng fo f~e morfganor ~or ony su~p~us: fo pay a~j cosls, c~a?ges, nnd expenaes, ine~uc~ing ~awyer't ~ees ana flt~e searc{~es, rpasonn~~y incurrQ~ or ~a~d by rhp morfgagee because oj the jai~ure o~ !he morlgagor fo promptly I and ~u~~y comp~y u~it/~ f{~e n~rPeme~tfs, slFpu(cifions, conailions onr~ covenanls of said note anc~ Ihis morlgage, or ei!l~er: fo oe~{orin, complv witl~ and a6ide 6y eacl~ and euery the agreemanis, slipu~ations, conc~iHoru aru~ ~ covenanls se~ ~orlh in• saicl note and fhts mo~tgage or either. In the Nvent the mortgagor ~ails to pay when dup any Icu, ~ssessmenl, insurance premium or ofhe~ sum oJ moi~ey paya6le dy viriue oJ said ~ote and t1~is mo?tgage, or eitlier, Ihe mortga~ee may pay f~e same, without waiving or a~~ecting t~e option to (orec~ose or a?~y olher re~{~t here~uider, and all sucl~ pnyments shall 6ea~ interpst (rom dale thereoj at the higl~est lnw- ~tl~ ~QIP ~~l(~fl Q~~OR~Q(~ ~V ~'1P ~AII~S Oj ~~IP J~Q~p oJ F[ortda ~ ~ D` pny sum of. mon~y hernin rp(errecl to he not prompfly paid witf~4n thirty ~ays next n~fe~ ' 1hp same becom~s due, or iJ eaci~ and euery Ihe agrec~mpnts, slipulalions, conditions and couenunts o( said note and Ihis morlga~e, or eifl~er, a~p not JuIIy perJormeil, complied witl~ and abided by, [{~en the eniire sunt menlione~ in said nole, and this mortgage, or the entire balance unpaid theiron, shall jortliwieh or I~erea(fer, at !~o option o~ Il~e morlgngep, bec~ome and be due n~d pnyab[c~, artyf~ing in aai~ reote or tierein to fhe. conlrary nolwil~slancring. f'ai~ure by rh~ mortgagee to ~xercise any o~ !~e rifl~ets or options ~er~ein provic~ec~ sho~j not constif~ifP a u~aiopr o~ ariy ri~~fs or opfions un~IPr sai~J nofP or l~is mortgage acc?uei~ or flierea~t~r accruing. " ~n ~~u~~s ~~~0l~ tjte sai~ morlgogor i~~s l~prPUnto siyne~l and sealet~ these presents fhe ~Qy an~ y~ar ~irJf atioe~p ii~rillpn. • $ignec~, a~~ antl tIPIi~+~retl in 1~~e rnsencP o~: . - ~ - . - ---1 -~L-~~1--~--~ ' ~ - . ~ -Iin ..~ic . .ra ~ ...~r.: - . - - G~~ - - ~ ~ - - - - ~ - - . - - STATE UF FLORIDA, ~ COU~TY C)F ST. LUCIE ! I HEREBY CERTIFY that o~? this day, betore me; aa otlicer dulv authorized in thr Stat~ aforesaid and in the County aforesaid to tak~ ackoowledqments, personally appeared JONN FICARA, JR., to mc known to br the` person describcd in and who ezKUted the forcqoinq instrument and he acknowkdKed Ixfom me that t1e ~xecuted the same. W17'\ESS my hand and oflicial seal in the County and State last aforesaid this ],Ott1 day o( • ~y A. D. 19 7 $ . , - -•~-••~=`•''~a-.~c.~ ~"~,4:. c~. :......;'.L r Notary Public, S~at~~:o_f F- ~da _ at Large. ~ r,• . i Q - . ~RpE . - : ~ ! ' - = A~0 R~~t~ ~ _ ~ , . . _ f~~~V~1E ~pD~'~R~'~• My co~amission eX~i:t~~ /~/Ae:~7~P st• pac~.~ ~~~c ~ `~';s ' ..,-^~-~~'~:.E~ 1n , t N~` ~ 3,oQ - ~ ` S ~Q~ 3~ ~ • ~ t~1 ~}p59~3 T/~u lrurnimrn~ p~rparrd by: BOOX~:W PA6E t~ Add,rss Edgar A . Brown ~ P. 0. Box 4382 . , T'ort Pierce, FL 33450 ~ ~ » __~,._,..~,-..._.s . - , _ ~