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HomeMy WebLinkAbout0935 an~ shall pe-(orm, c-omply with and a6ide 6y ear.h and ei~e~y I-~e agreementa, sNpu~afion's, conditions nnd rnnenants thereoJ, and oJ ih~a mortpa~e, then thia mo-tgage nnd the e:tate kere6y c-patecl, shall ceeus. de- termine and bi- null and i~oid. Tin~ t{~p mortyanor hen+6y jurlher rnvenants and aerees fo pny prompl~y when due Ihe principal and infe-ral and ofher s~~ma oj money provlded lor tn said note ant~ fhlt morlgage, or etf~e~: to pay a~~ und s1n~u~ar the faxes, assessmenls, Ievtea, ~tabi~ilies, ob~ipalio~s, and encumbrances o/ every nature on said pro- pe-!y: fo ~e-mtt, commit or suf Je~ no wnsfe, impai~menl o~ c~eteriorafton o~ saic~ ~and or Ihe Improoementt fh~rncn at nny 1ime; to k~~ ihR 6uil(1II1gs ROW O~ hPMa(ter on ~aid land jully tnsured in u sum o( not less than highest insurable value in n company or rompanies accppla6le to il~e mo-fflagee, the policy or pollcies to 6e held 6y, ond paya6le fo, aat~ mo-tgagee, ane~ in f{~P ~venf any sum o( money ~comes ~,~6t~ by virlue oJ such tnsurance Ihe mortgagne s{~all haue !he rig6t to ~eceii~e and apply tl~e same fo the tndebtedneu I~ere6y secw~ed, ac~eounting fo thP morlga~or ~o~ any su-plus: fo pay a~~ cosfs, ctiargea, anc~ expenses. inc~uding ~awyer i fees and tit~e searr{~~s, rpasonab~y incurnKl or paid 6y the mortgogea because oj t~e ~ai~wr o~ fhe morlgagor fo prompl~r ana Jully comply u-ifh Ihe ag~eements, sfipu~ations, condttions and c~ovenants o~ anid nofe and ltits morfgage. or eilf~er; to per~o-m, comply with und a6ide 6y each and every ihe agreements, afipu~at~ona, condifions ane~ rnvenanls set ~orl~ in said note anc~ this mortgage o~ eilher. /n f{~e euent fke mortgugor fai~a to pay when du~ any tax, nssessment, insumnce p~emium o- oll~er sum of money paya6le 6y utrtue oJ said nole nnd tht~ mortgage, or eil~er, the morlgagee may pay I~e same, wilhouf woiving or nJfecling f~e option to ~orecjose or any ofher ripht hPree~nder, and all sucl~ paymenls shall 6ear interest jrom date tl~ereoj at Ihe -~ighest Iaw- ~u~ rnle Iti~n a~~otvec~ tiy I~e _~a~as o~ f~e $fale o~ F~ori~a. ~` any sum o( mon~y ~erein re(er-r~ fo F~e not promptly poitl wifhin 30 days next ajfer ItiP same heromes c~uP, or ij eac~ and ei~ery 1{~e agreemenfs, sfipu~alions, condifions an~ covenanls o~ saitl not~ and Ihis mort~a~e, or PlI~Pr, are not f ully perJormed, complied witl- and a6~ded 6y. l6en the eniire sum menfionec~ in saicr nofe, ancr this morfgage, or tke entir+e bn~artce unpatd tl~ereon, :hnll /orth~,tth or tl~prea~ter, a1 Ih~ oplion oj the mortgagee, bernme nnd 6e due and paya6le, anyt6ing tn said note or I~e~ein fo ihe c~nnfrary nofu~il{~xfanc~ing. Fai~ure tiy ff~e morlgngee fo exercise any o~ the rig~ts or opfions ~erein proric~ed s~a~~ nol consfih~fe a u+aii~er oj any rig~fs or options uncrer sai~ note or ttiia mo-tgage accrued or l~~er~aJl~r accruing. ~n ~~lll~ ~~~`~ f{~e said morfgagor f~as hereunto si,qne~I an~ seale~I Il~pse presenls f{~e ~ay anr~ y~ar ~irst A~Ot~P ivriffen. S%911P~, SPa~P~ ~ P~II~P! III ~~p P~pSPfifp O~: , v ' - / . , ~~ ~-,'~ •-----• - ~ -- - S--• .. . ^ .¢-~ ~ -- - - --- - - - ----~.~. ~_~ --.=-- ~- .----- --. -. ---. --. --.....---- ---- ....._ ~ - - 0. C. THOMPSON ~ ~ - - ~- --~---~-------. .. --~- - -- -~ ..... ........... . .~- -- -~ ~ ----------~ --~-~ ----~ --~-- ~-- ---- -• - ~-~- -- - ~ .... ....... ......... . ..._. _. . . -- -.._ ... ..._ - - -...-~---- -...-------------~ -.... ......_ ...... .... . .. ~ - .... - .....----- ~ .. ..... .. ....... ... ..._ - - -... . . ...... . . . ._ ..... ... - -_ . . . . . . ... - STATE OF FLORIDA, ~ CoU~iTY C)F St. Lucie 1 HEREBY CERTIFY that oR this day, be(ore me, an offi~er duly authorir~d in tk~ Stat~ a(oresaid and in th~ County a(or~said to tak~ acknowkdRm~nts, prrwnally appearcd 0. C. TEIOMPSON to mc known to br th~ pcrson d~scr~bed in and who ex~cut~d the (oreqoinq instrument and he acknowkdRed Ixfcre m~ that he ~xecuted tLe sam~. N'17'I~ESS my hand and official seal in th~• C:ounty and Statr last a(oresaid this i8tt1 day o( December A. D. 19 80 a)1 ~ah7 .. - ~-------•~-•--•---~- •--- ----- -- - --- -- -- -- --• - • ~gs~ ~E ~ ~ 9 A.~ ~ ~~ ~~ NOTARY PUBLIC Fi<<e Rnc F~ccrari} ST.LU~IE CC'.:`~SY.f t :.. ROGER PUI ~ i~~ 5 CLEkK CIR~U!T C~~ REC('P.!? \'~ P~r:: .. J 1 'liu /iu~mn~~n~ p~rprnrd 1-y: A~/drr~s ..~:~.,, . . ~ j s' , i'v~,, f ' ,, ~ . ~~ ~.~ , ' ' ~1~ .. ~/ ~ r' .i ~ ' -'' r ~ ^• , . •~ ,':. J ~ ' , : C , • ~. M11rCN L t~! NatMy ~~Ne ~ d F~orl` at La~ ~ ~OIIIIA~NOf1 ~J~YiN.~111i~~~ ~~ BA~f ~~ PSGE ~J •~