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HomeMy WebLinkAbout2551 _ _ - - - r and shall er orm, com l u~ilh and abide 6 each and er + • p j p y y t+ry fhs agreement!, slfpulatioris, conditions and covenants tltPreoj, and of this mortga(e, Ihen this mortgage and the estate hereby created, steal[ cease, do- IerminP and 6P null and roil. Ii~ IItP marfganor Iteruby further covenants and agrees fo pay promptly when due the principal and i??ferrst and other sums of money provided for in said note and this mortgage, or either; to pay all and singular Ilte fares. assessments, levies, liabilities, obligations, and encumbrances of every Walrus on said pro- perty; fo permit, commit or st?jjer rto u)aste, impairment or deteriorolIon of said land or the improuemenfs thPrPCn of arty limp; to keep IItP bt?il?lir?gs now or hereafter on said land jolly insured in a Burn o/ not less than ~ N/A in a comtw?ty or companies acceptable fo the mortgagee, the policy or policies to be held 6y, and payable lo, said mortgagee, and in IhP event any sum of money becomes payable 6y virtue of such instuanre 'he mortgagee shall have IItP right to receive and apply the snore to the indebtedness hereby sectued, accounting • _ fo tltP morlga~or for any st?rpl?ts; to pay oll costs, charges, and expenses, including lawyer's jeer and title searches, reasonably incurred ar Laid by IhP mortgagee because of the failure of the mortgagor fo promptly artd jolly comply u)iflt IhP agreemer?fs, sfip??lalions, conditions and cot~enanfs of said note and flits mortgage. or Pitlter; to perform, comply urith and abide 6y each and every the agreements, stipulations, condition: and conPnn?tfs set f orlh in said note and this mortgage or either. In the Pvenf the mortgagor jails to pay when due any ta.r, assessment. insurance premium or other sum of money payable 6y virtue of said note and this mortgage, or either, fltP mortgagee may pay the same, without waiving or affecting the option to foreclose or any other rlghl hPlPIlndPr, a?td all such payments shall bear interest from date fher+eoj at the highest law- (t/l MIP then allotverl by t11P tar?rs Oj flip Staff Oj Florida. any sum of ntortev IterPirt rP(Prrpd 10 be not promptly paid within~i~ ~30~ days next after the Same becomes di/P. Or if each and ei'ery the agreeme?tts, stipulaiior?s. conc{iticns and rnuenants of said note and Ihis mortgacfP, or either, are not fully perjorrnPd, complied toith and abided 6y, then the Pnfire sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon, shall forthwith or therPajter, al flip option of the mortgagee, become and 6e due and payable, anything in said note or herein to the contrary nofu)ifhslanding. Failure by the mortgagee to exercise any of the rights or options herein provided shall not constitute a tvairPr of any rights or options under said note or this mortgage accrued or IhereaJler accruing. ~n ~itneSS ~h~~f, the said mortgagor tens hPrPllnfO signed and sealed these presents the day and year first above ?rrillPn. Stgr Pd. sealed and delire ed in flip presc•ncP of : r - - ~:a.~..~+a.,i. - - - - By - - ~ ~.~..~.a~ - - - - ~ Ellen J rl, President - - - 1 i E STATE OF FLORIDA, ~ ('OC`~TY OF ST. LUCIE i f~ t IiEREBY CERTIFY that on this day, before me, an { Oftleer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared j€~ II7~1 J . QTIEi~, President of T~IACt~ 1.11~S aQ[~SI'RIIGTICN , INC . g i to me known to hr the prrson described in and who executed the toregoinq instrument and S~ acknowledged a j Ix•forr mr that executed the same. 1~'17:~ESS my hand and official seal in the County and State last aforesaid this 1ST day of . ~ ~ D. 19 79. f lE0 ANC r - ~OEO 't =~.IUCIE:. ; v" ~ fU. Notary 1C CLEP'• . ~ CURT ' ~ RECoR^ ~ ~ - : , My Colm~ission F~cpires ~`'O '2 47 Pr''~ °Q~Ah tY[IC srA?E ~ a~oRlDil1 AT wal YGi My ~QIIIMIS3iON f~IREi /VR.1 fit tfd~ Tilµf t~,g4i f11s:.. t~W~11EA5 j 468949 ~ _ r~~-••~-.otr; %is h,~n?nff~li f?rrPun h y Ari.f P is ' - ~ , , ~ ~ , I ~WYERS TITLE INS. OORP. ~ _ I ~1 r1r/n v~rr ,