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HomeMy WebLinkAbout0390 , - nnd sliall perjorm. ~•um~~l~ u~itli and a6ids by racl~ a~ul et~e?y tl~e ogreements, ~tlpulalioni, condifioru and co~~pnanis the?c+oj. anJ o( fhis morf4~ane. Ihe~i Iht: mortAape ant~ Y~s' ~i~s ~rr6y'tr~ated, sl~all cease, d~- ~~~V IPrmine nn~ E,e nu~~ an~ ~wi~. thP morfganor ~Pn~hy (urtl~er covenanl~ a~d ag?pes to pay promptly wl~e~ dw fhe p?lncipu~ and inlernsl and ol~ier sums oj mon~y provitlc~ jor in saia note and 1{~is murlgage, or ett~er: fo pay a~~ and aingu~ar f{~e f~.rps, assessmenfs, ~evies, ~ia~i~itles, oblif~ntions. a~d encumb?nnce~ o~ e~~ery nalure on taid pro- perly: fo pc~?mii, commif or suJ(P~ IIO Wa3IP, impairmpnl o? deleriomfion o) said land or fhe tmprove~enb IF~er+~n at any IimP: fo kPpp !he bidldings now or herna(t~~ on said land /ully insuretl !n u sum o~ nof less ihan~ highes~ insurable value. in n campany o~ l'OM/K1111PS t1CCPnIA6It~ lo the mort9a~~e, ll~e pollcy o~ policies to be held by, and puya6le !o, said morlpug~, and in fhp e~~ent nny sum of money becomes ~yoble 6y virtue o~ iuch insurance t6e mortgag~ sholl ha~~p the rtght to MCPIVP and upply Ihe sane to ths inde6tedness here6y seciued, aecou~tting fo the morfgnno~ ~or any surp~us; !o pay a~~ costs, charges, and ezpenset, inc~udtng ~awyer a jees and Nl~e searrhns, rpasona~~y i~uurre~ or paid 6y tl~e mo~fgagee beca~ue of f~e ~ai~ure oj Ih~ mortgago~ fo prompl~y ane~ f u~~y comply u~ilh Ihe agrepmenls, slipu~alions, eoncllftons and covenanfs o( said note and I?~b mo~tgog~. o~ eiftier: fo per(orm, ~omply u~ith and n6ide 6y each and every fhe agreemenfs. stipu~ationa, eondifions and COI~PIIUIIIS spt ~ort1~ in said note and this mortgage or either. In tl~e euenf the mortgngor f ails to pay when dup any tar, assessm~ni, insurance premium o~ otl~er sum o/ money paya6le 6y virlue of =ntd note and this mortguge. or either, ihe morfgagee may pay fhe same. wll~out waivtng or a[fecfing !ke option to forec~ose or any olher ri~h! {~erPUnder, and alI sucl~ payments shaU bear tnterest f rom date thereo~ at ihs tilgl~eit Iau~- ~nl mie 11ien alloive~I I,y Ihe Iau~a o/ tl~P Slate o/ Florida. ~L any sum oj mone~y F~erein re(~ned lo he not prompf~y paid wiftiin 30 dal?+ next al~e~ fhP same hPC-omes ~~iP, or i( eac{~ ancl every Ihe agreemenfs, sfipu~atIons. conditions ane~ covenanb oj said note and f{~is mo?t~al~e. or eithpr, are ~ot jully perJormecl, rnmplied witl~ and o6ided 6y, then Ihe enfire sum mentioned in suid no~e, and fhis mwtgage, or t6e entire 6alance unpaid tker+eon, skall lortl~with or ItiereaJfer, at fti~ option o~ Ihe mortgag~, bpco?ne ancr E?e c~ue and poyab~e, nnyl~ing in said note or ~erein to !he conirary nolwil~~stanclin~. Failure E~y ttie morl~agee fo exercise nny o~ ftis rig~fs o~ options herein proriaec~ shall nol consfiiufP o u~ai~~er o( any ~ig{~Is or options undpr sai~ riofp or f~is mortgage ncc~ue~ or 1{~Prea~t~r accruin{~. ~ ~ ~n ~~tness ~hereof~ t~i~ sai~ morfg~go~ I~ns herrunio siqnecl and sewletl these presents ihe cray an~ year ~irst aE~oi~p u~riffen. ~ Signecl. ea~~~ anrl ~P~i~~~rn in f~~ pr~s~ncP o~: = ~ /f~~/' . ~ - . . . . - - - j ~ - - - - enneth . ~J~as~ ~ . ~ - - - - - - - -t - - - ' ~ ~ - - ~ ~ - . STATE UF FLORIDA, ~ cn~'~t'['v ~F St. Lucie 1 HERESY CERTIFY that on this day, betorc me, an oHic~r du.ly authorized in th~ Stat~ aforesaid and in the County aforesaid to tak~ acknowledgmenu, pcnonally appeared Kenneth L. Jason ~ to me known ~o b~ the prrson described in and who ex~cuted the (ar~qoinq instrument and ~0 acknowkdged Ixfor~ me that t1e ~xccuted the same_ WI'I:~tESS my hand and o((icial seal in thc• County and Statr last aforeuid this 9th day o( ' ~~'~kal~ A. D. 19 79 , ~ ; • . . . , . . . . . j . . ? n ;7 ^ , i"L~ . . . ~ ~ •t'" . •J . . . - ~ d, ~ ~ - . . ~ . Nara~Y- ~i: - ~c~.~. _ . . _ - . - ~ ~ ~ ~ K , ;~~~y 4 'r . . c MY CUi~4iISSION ERPIRES: ~ _ y~ r;-'- ~ Z PM 1-~J ~ ~ j~ i. L ~ ~ Tr1A rl~tK S7A~ a 1 1~ w Mr! '~1 ~ 4 a co~w??ss~on ~~s ~air t g2 ~ ; _ . . ~ " , O~r ~ ara~ u~o~+~wr~ !%u I~wnim~n~ p~rpn~rd hy: _ . Bett9 J. BaldWia A~l~/,~ TM~ a ~s~r a nnE aP. oF Fu? ~00~~ ~ 4aA ~a.~aT FO~ITVIERCf flOR10A ~iQ~7 . r~-µ ~ = g- 3 r~ - _ I ' ~