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HomeMy WebLinkAbout0892 nnd ahall pe~~~orm, comply u~itl~ and a6tds 6y encl~ and anery the aenoment~, stipulattons, cond~liona and co~~enanle Ihercro(, and oJ tl~is morlgas~p, then this mort~epe ond tl~e eslate here6y crealed, thall ceasa, d~- te?mine ond 6e null and void. ~11~~ itiP mortga~or her~+by (uNl~er covenants and agrees to poy promptly when due f~e prtncipu~ and i~leres! and of~er su?na o~ money provi~e~I jo? in aotd note ancj thia morlgage, or elth~; fo pay a~~ and sinflu~ar t~e fa.res, assessments, ~euies, ~iabi~i(ie~, ob~ipaltona, and encumbmncet o~ every naftue on said pro- perly: to permil. commi! or sujfe? no wasle, impairmei~t o~ deferiorotion o~ said land or the improvemenb Iherecn af any lime: !o ~PP~/ I~P ~ui~~ings nou. or herea~f~r on ~aicl Ian~ ~ully insiue~I in a sum oJ noi ~ess iha~ full insurable value in a rnmpany or rompanirs occ~pfable to tl~e mo?lgagee. Ihe policy o~ policiea to be hatd by, nnd pnya6le to. sai~ morfgage+e, ancr in Ihe evenl any sum oj money becomes pa>~o61~ 6y vlrtue o~ such insurance fhe morfgage~e s{~n~~ ~ai~e fhe righf lo receii~e and apply the same to tl~e indebiedness here6y secuerd, account[ng to Itie moriga~or for any surpl~u; fo pay a~~ c~osfs, c{~arges, and expenses, tnc~uc~ing ~awyers jees ane~ flt~t searc~es, reasona6ly incurre~ or pa~d 6y ~f~p mortgagee tiecause of t~e (ai~ure o~ t{~e inortgagor fo prompf~y _ and ju~~y comp~y u~itlt t1~e agreemenls, stipu~ations, conditioru and rovenants o~ satc~ noie an~ t~ts mortgnps. o~ eifher: fo per(orm, comp~y wit1~ and a6itle by each and ouery t{~e agreements, stipu~ations, condifioru and rnrenanla set jorl{~ in said note nnd this mortgage or either. In the vuen~ !he mortgagor ~ails to pay when due any tax, assessment, insurance premium o~ ofF~er sum o~ money payn6le by virfue o~ said-note anc~ t~b morlgage, or pit~er, I~e mortgagee may pny Ihe same, withouf waiving or a~(ecting fhe option to (orecloae or nny oll~er ?i9ht hereunder, and alI such payments shall 6ear interest /rom date thereoj at the hlghea! Iaw- (ul rate Il~en allowe~l by the lnws o( Ihe State o) Florida. )L any sam o( mon~v hprpin re~PR~ IO 6e nof prompf~y paid w+~h~n f ifteen ~nYs next a~te? fhe samn becomes ~uP, or ij eac~ and prery the agreements, slipu~afions, conc~ilions ane~ cover~ants of said note and Ihis mortpac~~, or Pittier, are no1 Jully per(ormed, complied wit1~ and o6~d~l 6y, t1~en !he enlire sum mentioned in said note, and Il~is mortgage, or th e entire balnnce unpaid thereon, sl~all jorlhwilk or tRe?eajler, at th~ option o~ the mortgagee. 6ecome an~ 6e due antl paya6le, anything in said note~or herein to f~e conlrary nofu~ifl~stancrin,q. Failurp hy f{~e mo~tgagee to exercise any of the rig~ts or opttons ~erein provic~~{ stia~~ nof ~onstilute a u+ain~r o~ any righls or oplions unaer saic~ note or ttiis morfgage accrued or f~ereajl~r aceri~ir~g. ~n ~~tll~s ~h~e0l~ Il~e sai~ morl~ngor has hereunfo signpd and sealecl these presenls t1~e cray an~ ~ea~ Jirsl aho~~e ~nrifte~. ~ - 1 ~ Signed. spale~cl and d~li~~ered in Ih~ presence o): ~ , . r i 1 (-1-t.~~. ` ~ ~ ' - LO~!` u'. . ..1i~=~ . ta,-s~ ~~~~L.C _LIL. . - - - - ~ - - Leonard Paul Sullivan, Jr. U ~ . . - - - - - ~ - _ , , ~ ~ ~ ' .X!~c.~'~C.F~'7_.G : - ~ . ~g~..!.X~~-..... ~IG~-C'~--~-........._~ ~ Brenda Sullivan ~ - . ~ ; ~ ~ . _ - - - - - - 4 _ - ~ STATE OF FLnRIDA, ~ CO[:~TY nF ST. LUCIE ~ I HEREBY CERTIFY that on this day~ before me. an o((icer duly authorized in the Statc aforesaid and in the Cou~ty aforesaid to tak~ acknowledqmenb, personally apptared LEONARD PAUL SOLLIVAN, JR: and BRENDA SULLIVAN, his wife to mc known to be~ the pe~nons described in and who eaecuted the for~qoinq instrument and they acknowltdAtd bctor~ mc that they ~xccuted the same. ~~'I"Ii1iE53 my hand and of(icial seal in the County and Stat~ last a(oresaid this 25th day o( January A. D. 19 7 9. . _ -l . i . ~ r; . : Gi ^ E C - . - _ti1...1 ~..E - . - • ~f ~ _ _ t!':!~' "L:•. N~ax~? P~l~ic ~ State of Florida _ ~ 43~~'~ My commission expires: ~ ' i 9,''." [ 6 3: ~ I ~A~1lPU3llC STATE OF RORtpA AT U~CF ~ ~ M.Y COMM~Si;:Fv Ex~i.^.:S t~C; . 16 1979 ~ 9 ~ eor.tx~ ir+rw~uk:,~~ ~r,s.w~c~Y,a~t#~ . : ~ . . _ - • . . ti • c~ ~ ~M ~ _ . : ~ ~ . . o s ; ~ ~ - !%is I~islnn~~r•i~l rrpan ~l by: . S ; t : ~~~l~ f~~ Sco~t M. Kenney, Esquire ~ ~ McDONALD, KENNEY & RUSSARIS, P.A. t~f1~ ~ 1 6 0 0 S. F e d e r a l H w y. V~ 8~ 2 ~ Ft. Pierce, FL 33450 - ~ ~ - - . - - - - - - ~ - ~ ~,i t~ ~ _ ~ _.,_~Y-,.~..;~ . . .