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HomeMy WebLinkAbout0616 : ~ an~ shn~~ per~o~m, comply u+ifti anc~ o6~de 6y anc~ enery Ihe agreemenfs, atlpu~ation's, rnndlttons nnd co~~enanfs tl~ereoj, and o~ If~Fs morl~a~e, then thla mwlgage nnd tl~e estats f~ere6y c~eutec~, shall cPase, de- fermine Afl~ ~P nu~~ anc~ twi~. f{~p mo~tgnpor ~ernby ~urthe~ covenanls and agrees !o pay prompl~y when due the prtncipal und inferesl and ofl~er s~~ms o~ money proi~i~IecJ ~or i~ salcl note and fhis morigapa, or eitker; fo pay a~~ and singu~ar f/~e fa.res, assessmenfs, ~evies, ~tabt~ifies. ob~igafiont, and encumbrontas o~ euery natwe on aald pro- pe?!y: to permit. commit or su~~e~ no wasfe, lmpai~menf o~ c~eferiomlion of snid ~anc~ or fhe improvementa therecn a! any IFmP; fo Ir~p the tiuil~infls now o~ herraJt~r on said land /ully tnsiurcl t~ a sum o/ not less ~tiQ~ highest insurab~e value. ~ in o companq o~ rnmpanies accepta6~e to f~e morlgagee, the po~tcy or po~icies fo 6e heW 6y, and ~xiya6l~ to, aaid mortpaqee, and in 11~e event nny sum o~ money becomes ~ya6l~ 6y virlus o/ such i~surance the ?nortgagee shull ha~K? Ihe right to receive and apply tl~e same to fhe indebtedne:s here6y aecured, aceounting fo I~e mortga~or ~o~ any sttrplus: fo pay a~~ costs, charoea, nnd earpenses, i~cluding ~awyer~s ~ees und flt~e seorcl~es, rpeuonably incurred or paid 6y Ihe mortgagee because o/ tF~e f ailure o/ the morlgago~ to promptly and ~u~~y comp~y u~ifl~ ihe agreements, sfipu~alions, conc~ilions and rnvenanb oj suid nole and Iht~ mortgape. o~ eif{~er: !o ppr~orm, eomply wtlh and a6ide 6y eoch and every Ihe agreeme~ta, stipu~alions, condiftoru and c~venanfs spt ~orl~ in saicr nofe and this mortgage or eiitier. ~n !~e event !he morfgagor ~ai~a to pay w~en due any tax, assessmenf, insurance premium or other sum o/ money paya6le 6y vtrtue of said nole nnd tl~ta mortgage, or eif~~e~, fhe mortgagee may pay ftie same, wlttiout wniuing or oJ~ecfing ttie option lo forec~ose w any other righl hnrPUnder, nnd QU such paymenb shal! benr tnterest Jrom date thereoJ a1 tl~e htg6est law- (ul ~a1e Ihen allowed by ihe lau~s oJ the State o/ Floridn. ~l any sum o~ money I~erein re~errnc/ fo he not prompf~y paid wit~in t~x,t daya next njter the samp hecomes c~ue, or iJ eac~ anc~ evPry I~e agreemenfs, sfipu~ations. conc~ifions and couenanls oj said note and this morfgage, or eithpr, are not /ully perfornied, complied witl~ and a6tded by, then !he enttre ium menlioned in said note, and this mortgage, or tl~e entire 6olance unpaid thereon, sholl ~or1l~wltl~ or tf~ereajter, at Eh~ oplion oJ the mortgagee, become and 6R due and paya6le, anytRing in said note or /~erein fo fhe contrary nolu~ill~stan~ing. Failurp ~y I~p morlgagee to exerciae any o~ the rig~ta or options ~erein prouic~er~ s~a~~ nol conslifute a u~airpr o~ any rights or opfions unc~er saic~ note or Ihis morlgage accrued or f~ereaJfer accruing. r n ~hereof~ ftie sai~ morfgagor ~as I~ereunlo signe~ an~I sea~~ these presenls Itie aay an~ year ~irst atioi~e «~rillen. sea~et~ and ~ine in f~~e pr~sence o~: - - ------------•--••-•--Q--•--..._.•..-- • - - . - • ~ AARD M. TEF . ~ ~ - r~ - ~ - - . . - - - ~ `~u~- , , G. STEELE - - - i i STATE OF FLORID4, ~ ~ COti \TY OF St . . Lucie ~ • I HEREBY (:ERTIFY that on this day, beforc me, an o(fic~r duk authoriied in thr State a(or~said and in the Counry aforesaid to tak~ a~knowledqments, penoaallp appearcd ' RICHARD M. STEELE and HELEN AG. S'!'EELE, hi.s wife ' ' ~ to m~• know•n to tx the prrson s described in 3nd who ezecut~d the forsqoinq instrument andwjlp arknowledRed ~ {xlor~ ~nc that they ~xrcutcd the same. , ~~'IT\ESS my hand ancl o(ficial s~al in th~ Gusnty and Stat~• last aforesaid this 24th d~y ~ JUly D. 19 7H. ' •:,tw:er,,,,,. _ ~„d d0/~ ' _ , . J • - ' ~ ~ ~ . . ' ' ' ' ` "'•':..r^ . ~ OTARY P IC = .7 - 41 ' ~.~s'' ~ ` : 1~~7~ rr. - r • ~?~r'y~1O~'~':~_~rf ~ ° . rr . fIlEO ANO REG~KDE~ . . . , - - . ~'~r ,~i~:;- ~ - _ ST. WCIE COUNtAs l~. /Cl~ ( ~ ='QSi~'`~ ari.ER ~C~T? . r - ~~^,i_ ~ ~ , . "'~.r ~ J~ 1~ ! 1 s~ ~N ~ - ~ ; 16 ~ } f ~ ; ; !%~s IAI/II//1I['!!/ f77CflUl1''[! hy: . t ~ ' , rd,~n:~ eoc~i~ ~ s15 ; : _ ~ ~ . . _ . . ~ _ ~ - - : ~ ~ : ~ ~ ~ ~ - , ~ ~~y'~=~ x .,.a~,. r ~ ~ . sy":~. " - "~y,.~~y~=~ - x,~~-~ _ _ „ ~,N -