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HomeMy WebLinkAbout0764 , R i anc~ s~~al~ pe~~orm, comply with and a6ide 6y ench ana every fhe agreements, sfipu~atlo~a, condifions and rn~~e~ants Ikereoj, and oJ this morfgage, then Ihis mortAage and the estnte f~ere6y created. shall cease, de- fe?mine antl 6e null and twid. ' ~ the mortgago~ ~~e~u6y Jurthe~ rnvenonla and agrees to pay Promptly wl~e~ due the pri~cipn! and inlerest ancr othe~ sums o~ mo~ey proi~ided )or in saitj nofe and tkts mortgage, or eiltie~: to pay n~~ and ` singu~ar tlie faxes, assessmenfs, ~evies, ~ia6i~ities. ob~igations, and encumbrances o~ every nature on said pro- ! perly: to pe?mil. commif or suJ/er no wcufe, impairmenl or detertoration o~ satd lund or the improvemenb tl~ereon at any lime_ to keep Ihe 6uildi~gs now or hereajte~ on said land (ully insured in a sum of not Iess t~an ^ ' In a company or compnnips acc~epta6le to the morlgagee, the policy o~ polictes to 6e hgid 6y. ~d ~yobl~ fo, said murfgagee, ane~ in Ihe event any sum u~ monay beeomes ~ya6l~ 6y vtrtue o` such inswance fhe ~ ~orfgagee shall 6aue 11~e rig~f to receive ancr apply the aame to the inde6ted~ess kere6y aecured. ocoountIng t fo I~e mo~tgac~or (or any surp~tu: fo pay a~~ cosfs, charges, and expenses, inc~uc~ing ~awyer s(eea nnd tit~e ~ seanches, reasona6ly incumec~ or paicl by the mortgagee becnuse o~ f~e ~ni~ure o( t{te mortgagor to promptly nnd ~u~~y comply u?ith tlie agreemenls, sfipulaiions, conc~itions anc~ covenanls o( saic~ note nn~ this morfgage, ~ or eit~er: to per~orm, comply u~ith and abide bq each and every the agreemenfs, stipu~nlions, conditions and covennnts set (orll~ in snid note nnd lhts mo?tgage or either. In the ~ne eh~ mortgagor jails to pay wl~en ~ due any tax, assessment, insurance premium or ot1~e~ sum o~ money pnqab~e by vtrfue oJ satd note und thls mortgage, or eilher. i/~e mortgagee mny pay the same, witkout watving or a~fecting the option fo foreclose ; or any o16pr ri~hf hereunder, and nll such paymenls shnll bear interest /rom date ihereoj at Ihe 1~ighest lnw- r i. ~UI MIP I/IP~I QIIOII~~ PV ~RP IQU~S Oj IhP S~AIP O~ FIOri~<!. ` ~ ~L any sum o~ mmiey ~~erein re~e?rec~ lo ~e not prompl~y pnid~ wit{~in thirty c~nya next a(ter the same ~ecomes c~ue, o~ if each an~ eve?p f~e agreements, sfipu~alions. eonc~itions an~ co~ennnts o` saic~ nole and this morlgac~e, or either, are not )ully per(ormed, complied with and ab~ded by, then the entir+e E sum menlionecl in said nole, and Ihis mortgnge, or the entire balance w~Paid tl~ereon, shall (aihwitk or ' therenJter, at ttie option oj the mortgngee. 6ec~ome ~d 6e d~ and ~ya6l~, anqthing in said note or herein to thp conlrary notu+ilhslancling. Failu?e 6y tl~e mortgagee to exeririse nny oJ !ke rtghts or options I~erein proricJe~I shall not conslitutp a u~aivpr oJ any rig~fs or oplions une~er saicl note w t~is morfgage accruec~ a~ ~ I~~ereajl~r accruing. t ~n ~~~1~ the said mortgagor has hereunfo siqnec~ and sealecl Ihese presents the ~ay an~~ year Jirst atione u+ritten. Signed, s~a~etl and crelineretr in tl~e ence of : -G`-~---- , ' Thomas A. Forbes ~ ~ - - _ . - - - . ' ~ ~ . - ~ - - : - ~ Patricia G. Forbes ~ ; I ~ ~ - . ~ - - ~ I 3 i ~ ~ l F STATE OF FLORIDA. ~ : ~ COL'NTY OF ST . LUC IE ~ ~ I HEREBY CERTIFY that on this day, betore me, an ~ ofticer duly authorizrd in th~ Stat~ a(or~said and in the County aforesaid to tak~ acknowltdgnents~ penonaUy appeared ~ '~HOMAS A. FORBES and PATRICIA G. FORBES, his wife, ~ ' ~ to me known to bc the person S described in and who executed the (orcqoinq imtrument and theY acknowkdgcd 4 5 beforc me that they ~xccuted the same. ~ ~ ~ ~ti IT\ESS my hand and o(ficial xal in th~ County and Statc last a(oresaid this 3 0 d~Y ~ ~ ~ Ma rch , A. D. 19 7 9. 4 ~ - K;~~ RECORDED; . ~ r ILcO ~ ,,T ;.,~~E ~r~h~Y; FLA.: Notar ub~ic - Stat f Florida ~ _ _ _ _ ..;1~~^ RI~~FD . ~ ~ - - 4~20 at Large . ~ ~ My Commission Expires: ~ , 3 p~ g: I 8 ~ ~ 79 APR .y~: =y. t ~ c~ ~:1~•- ~ ~ FtUt'-~R 'D{T ~OURT ~ ~ , _ ~ CLERK CI~2Ct+IT _ ~ , . ~ • , ~ gJp!c J116 PAGE 7~ ~ ~ ~ ~ .~..~v _ - - . : y.::~~~.~