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HomeMy WebLinkAbout0598 an~ sI~aII pe~jorm, romp~y wil{~ and a6ids 6y aacl~ and ei~ery I~e agreemenf~, sllpu~attont, condifions and rorenunfa the?e.o~. and o/ Ihls morfpas~e, tl~e~ Ihts mwt~aee and ths e~tals ~.~+e6y creatad. •I~aII ceaae, d~- fe~mine and bp null and t~oid. ~ thP mortgaQw hen~6y jurther c~nuenan~s atd a~ree~ to pay promptly when dw th~ pincipnl nnd tnte?esl a~d ofl~er su?ns o` mo~ey provided jor 1n aatd note and ttib mortgags, or etfhsr; to pay a~~ nnd aingu~a~ t1~e faxps, assessments, ~eutes. lr~6iluie:, o6~1galtons, ar~d encum~+anc~es ol every nafun on said pro- perfy: to permit. commlf or suf~er no waste, tmpairment or c~eteriorolion o~ sa~d 1~nd or t~e ttnprot~ementt IhP~cn al a~y fime~; fo ~p ihe Gut~ingt now or h~wo~te~r on aatd land Ju~~y tnawecr in n sum o~ not ~ess ~han N/A in a c~ompany or compa??tes acce~~la6~e to fhe morfgagee. 1{~e poucy or po~tciea to 6e hetd 6y, and ~~61~ ~ to, sald mortgagee, and i~ Ilip PVPl1I any sum o~ money 6ernmea paya6le by virtue o~ such tnsurance tl~s mortgagee shall hac~e the right to ~ceive nnd apply Ihe same to the inde6tedness here6y :ecw+ed, aceountt~g to Itie moNgap~9,~' (or uny surplus; fo pay a~~ cosfs. ~tiarges, and expenses, including ~awyer s(ee~ and t!!~e 3earches, reasa#'iably incur?c~c1 or patd by t6e mortgagee 6ecause o~ the ja~~ure o~ fti~ morfgagor to prompllr nnd /ully eomply will~ fl~e agreements, stipulations, c~onditions ond eovenanta o/ satd note and this mwtgage, o~ eilher; 1o ppr/orm, comply with and a6ide 6y eac6 and every Ihe agree?nents, sttpulattons, condttto?u and rnvenanfs set ~orth in sald note and tkts mortgnge or eifher. In t~e e~nt the mafgagor lai~a to pay when . due any ta.r, assessmenf, i?uuranre premium or other sum o/ money paya6le 6r vi~tue o/ said note ~d ~k~ mortgage, or ett{~er. 1/~e mwfgagee may pay t~e same, wit~iou! watving or af~ecfing t~e opfion to ~orec~ose w any ollter right hereun~er, and all sucl~ pnyments shnll bear Intere~t jrom date Iher+eof nt the 6ighest Iaw- ~ul mt~ fhen allowecl by 1he loa~s oJ the Slatp oj Flortda. il any siim o~ mortey {~erein re~err~ fo 6e not promptly paid wilhin~ dayt next o~ter thP samP I~ecomps clup, or iJ ench and every fl~e agreemenls, stipulalions. conditions and couennnts o/ snid note And Ihis rnortga~e, or eifl~er, are not Jully performed, rnmplied with and ab~ded 6y, lhen the enlire :um mentioned in said note, and t?~is mortgage, or the entire balance unpaid theneon, skall /orfhu~ith or thereajter, ni the oplion oJ the mortgagee. 6ecome and 6c? due and paya6le, anything in said note or he?ein fo I~e confrary notu~iltislancling. Failure hy Itie morlgaget? to exercise any o~ f~e rtg~ts or options ~terein prot~i~Ic•cI sha~~ nol consfilute a iaaii~er o~ any ric~hfs or oplions- uncler saicl note or t~is moifgage acr.rueJ or I{~Prea~l~r accruinn. , ~n ~~lilLJ.7 ~~~L~ t{~e sai~ morl,ry~,yor ~~as ~iPrnunlo signe~ anc~ sPa~ecr f~ese presenls t~e ~av ~n~~ yenr ~irsl AIMI~P u~riff~n. ' Signed. sea~~ ar~~ t1~~i~~~r~c~ iri 1h~ pr~s~nce o~: . ^ . • ~ ' ~ .o. ~7) ~ ~11 ~ Yl'~' V - - - ~ a - ~ ---~i---~-••--•---- - . ' - - - - ' - - - - ZHIS IS A BAT1A~i ND1r1C'~ AND ~ FIl~1E~L PA~FI~TP OR ~ BALANCE IxIE iJP(N MfAZ'[~tITY IS $21, 300.00, T~OC~R Wi'I~i AIX~ II~l'IIt~.ST, T.F ANY, AI~ID AI~L ADVAN(~TI'S I~1A~E BY TI~ ~D~GA~E tIdIER ~ TEIdKS OF ZHLS M~1~('~ . E • STATE OF Fi~.~Qu~ SL'rc~ ~ t Cn[.T\TY ()P OCe0.~/ . ' I HEREBY CERTIFY that on this day. beforc me~ an ; officer duly authorized in the Stat~ atorrsaid and in the County aforesaid to tak~ acknowkdgmenu, p~no~ally appearrd ~ ~ . MII,TQ~1 M`J(S S1d .RLAH M. I~DC~i, his ~rife , _ ~ to mc know~ to be thc person $ dexribed i~ and who ezccuted the (or~goinq instrumtnt and acknowkdqed ~ I~r(or~ me that ~ cxecuted the same. - ~ £ ' ~ ~~'I7 NESS my hand at?c!~ otficial seai in the Cpunty and Statc last a(oresaid this dar of ~ Ls1pY1.1. A. D. 19 ~ • , ' J. ~,r i r _ + ~ . ~ , : --~,.j - 's ~ ' ' - , ~ ` ,~~f-~ ~ M ~ •a' --~•-----......~r~,~~~:---~-•••-_. ,.--.-=-sC ~ PI1$I.IC~ - , , : - . _ ~ '~t~ t"~~" -4 1~1 3- 2~ =<<~ -i . . . ; - . ~ ~ { ~a~o a~c ~c~.~c~ ~ - SL~l~K31T~RJ?5~ ttiILA P. LAUREl~~ ~ ti ~ . NOTARY PUBUC OF NEW .1ERSE1~ ~ECGPD ~~~G~'~--~~~ My Commission Exp~res Feb.18,1982 k , Y 44aZ32 1 ~ ~ . ' ~ _ ~ , k ~ . ~ !%u bwniu~cii~ p~rpnrrd by: L. i.afferty ; ~ Ia~y~rs Tit l,e Ins . Corp . 0 R~s,1Q i ' ,;1 ~IJrr~s P. o. Bvx 3845 . R eeK WU PACf 5~ E ~ Fort Pierce, Fla. 33450 ~ . I ~r ~ - _ _ - ~ ~ ~ . r,~- ~ ~ -