HomeMy WebLinkAbout1264 .
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anc~ iI~aII perform, comply wtfl~ ond a6td. by ~h and every f1~s ag~eemenfa. ~fipu~nfions, condittona and f
eo~~onanls tl~e?eoj, and o/ tl~ts mortflape, then Ihti mortgage and the eatate kere6r created, if~all cewe, d~•
t~rmine and 6a null and aoid. ~
n1L11 fhe mortgapo~ heru6y Jurflee~ couenanf~ and ngrees !o pay promptly when due 1hs princtpo! and ~
. interesl anc~ of~~er sums o~ money provt~ecr ~or in raid note aRd thi, morfgage, w either; to pay a~~ and '
~ingu~a~ the taxes, assessmenfs, levies, lia6tlilies, o6~igaflons, and encum6nnncei oJ every nnture on sald pro- j`
pMy; fo permil. rnmmil or sul~er no wcufe. impairmenf or creteriorat~on of :atd l~nd or the improvemenb !
ltierecn af any ftme; to ~pnp Ihe hui~~ings now o~ he?pa~le~ on ~A~d l~~d /u~~y insiuecr in Q sum o~ not ~ess
than highest insurable value
tn o company or rnmpantes o~n~abl~ ro the morfpagee, the pollcy or policies to 6e h.l~! 6y, and paya6l~
to, said mortgagee, an~ in Ihe ei~ent any sum o~ money becomes ~ya6t~ 6y i~irtue o~ such tnswnnce i~ ~ ~
n~ortgagee a~aU 1~ave tl~e rtgl~t to recei~ and apply t6e same to the indebtedneas kereby secured, nccounttng
to ttie mortga{~o~ ~or any surplus; fo pay a~~ costs, c~arges, and expense:. inc~uding ~awyer s lees and t1t~
searc~es, reasona6ly ince~r?e~I or patd by tke morfgQgee becatu~e o( I~e ~ui~ure oJ I~s mwlpagor fo prompf~y
und ~ully comply will~ !?~e agreemenls, stipu~ations, rnndifions and eovenanls of said note and fhis ~nortg~~.
or eitl~er; to perjorm, comply with and a6ide 6y eacl~ and every Ihe agreemenb, stipulnltons, rnnditions and
aovenanls sef jorfh tn sai~ note and this morteage or eitl~er. ln Ihe event ftie mortgagor ~al~s fo pay when
d~ aRy ~ox, assessmenf, insurance p?emium or of{~er sum oJ money poyab~e by vtrfue o~ said nole and l~is
nwrtgage, or etlhe?, t~e mortgagee may pay f/~e same, wif/~out waiuirtg o~ a/lecting !he opfion to ~oreclose
or any other right hereunder, and aIl such pay?nenfs s6all 6ear tnterest (rom dnte f1~er+eoj at the highest Iaw- ~
~u~ rate ihen a~~owec~ hy f{~e lau~s o~ t1~r Stafe o~ F~oric~a.
7l any sum of money hprein re(errecr fo 6e ~ot promptly paIcl within thirty days nex! a~ter
f~e same becomps c/ue, or i~ eac{~ and every Ihe agreemenfs. sfipu~afions. concjilions ancl cove~ants o~ saId
note and this mortga~e, or eitl~er, a~e noi f ully perJormecl, complied wil/~ and a6ided 6y, then the entire ~
sum menfioned in said nole, ani/ I~is mortgage, or ftie entine bu~ance unpafc~ fhereon, ahall ~orthwilh or a
thereajter, at t6e option oj Il~e mortgagee, become and be due and payn6le, anything i~ snid nole or heretn
to the confrary notwithslanding. Failu~r by the mortgagee to exerctse any o~ the rig~ls or options herein
pro~icred s~a~~ not c~onstifute a u~aiver o( any rig~fs or options unde~ saicr note or t~is morfgage arctued or
thereaf ler accruing.
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~n ~~tness ~hereof~ IhP said mortga,qor has fiereunto signecl and sealec~ 16ese presents the
cjay an~ y~ar ~irst nFione u~riffen. ~ ~
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Signe~. sea~e~ anc~ c~~~inerec~ in the pr~sence o~: ` t ~
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~ ' STATE UF FLORIDA, ~ ~
~ COUITY c)F $T. LUCIE
E I NEREBY CERTIFY that on this day, betore me, an
o(fic~r dul}• authoriz~d in the Stat~ a(o~~said and in the County aforesaid to tak~ acknowled~menu, prnonally appearcd
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i to me knor~n to 1x the person described in and who ~Iffli[f(~ the (or~qoinq instrument and he acknowledged ~
i be(or~ ~ne that he ~x~cuted ~the same. ~
; ~~'17:1ESS m}• hand and of(icial scal in th~~ Courtty and State last aforesaid this l~th day of '
~ July A. D. i9 79. ;
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