HomeMy WebLinkAbout0972 a?it~ sha~I perform, comply wit{~ and abit~e 6y ench and ei~ery the ngreement~, stipulation~, condttto?u and
co~~enants there~(, and of f{iis mor[gape. IFeen thiu mo?tgage ancr tf~e e~tate hereby created, i1~a~~ cease, de-
termine ancr 6e nu~~ and i~oid.
71n~ I~p mortgapor tiere6y /urt~er covenanla nnd ugree~ to pay prompf~y wEun due !he prtncipal and
inlereJl and ottier s~ims o~ money provic~ed ~or in saicj noEe and ttiit mortgage, or eifher; to pay a~~ nnd
singular fhe ta.res, assessments, le~ies, 1ia6ilities, o6lipations, ond encum6rancea oJ e~ery nature on aatd pro-
perty; fo permit. commit or su~~er no u~aste, impairment or ~eferiornlion of iaid land or f~e improuement~
' therecn at any time: to kPeP ~hp 6uildings now or herPU(fc~r on said land Ju~Iy iruwed in a,sum o) nof ~e:s
than rull Insura!~le Valu~
in a company or companips uccepfa6~e fo fhe mortgagee, the po~icy or po~tcies to be he~ by, ~d poyn6l~
to, said mortgagep, nnc{ in fhee event any Jum o~ money 6ecames Paya6le 6y virlue oJ :urh tnturance fhe
morlgagee s{~all have the ri~ht fo receive and apply IF~e :ame to the tnde6tednesa hereby secured, amounling
to t~e mortga~or ~or any surp~us: to pny a~~ costs, c~nrges, and expenses, tnc~uding ~awyer~s ~ee~ ane~ tit~e
JPQM~P3, rPasona6ly incurre~ or paicl by the morfgagee hecause oJ 'lhe ~nt~ure o~ t~e morfgagor (o prompt~r -
and ~~i~~y camp~y tuilh the agreemenfs, stipu~afions, conc~itiont nnd covenanfa of said note and lF~ts mortgnge, ~
or eif{~er: to per~orm, comp~y wif{~ anc~ a6ic~e by ea~h and euery the agreementa, atipu~fions, oondittoru and
couenants set ~orlh in said note nnd this mortgage or either. In the euent. the morfeaAo~ (ails to pny when
clue any tax, assessment, insurance premium or other aum oj money pnyn6le 6y virtue o( soic~ nofe and tht~
morfgage, or eil~ier, fhe morlgagee may pay f~e same, without watuing or a~~ecting fhe oplion to ~orec~ose
or any other right f~ereunder, and all sucl~ payments sha~I 6ear interes! (rom clate thereof at t{te higkest ~au.~-
~u~ rate Itien a~~owec~ ~y the ~aws o~ f~e $fate of F~oric~a.
i~ any sum oJ money herein re(errecj to be not prompt~y paid within • c~aya nexf a`ter
tl~e same 6ecomes c~ue, or iJ eac1~ and e~ery the ngreementa, slipulations, conditions and couenanta o~ soid
note and this mortAac~e, or either, are not (ully perJormed, complied wit6 and a6ided by, then the entire
~um mentioned in said note, and f{~is mortgage, or tf?e entire ba~ance unpaid lhereon, sl~nl~ fortF~with or
f~eren(ter, at the option o( the mortgagee, 6ecome and be due and paqable, anything in soid nole or 1~erein
to f~?e confrary nofu~il~stanc~ing. f'ai~ure 6y f~e morlgag~e to exercise nny o~ l~e rig~ts or options heretn
proi~ided sha~~ not constitufe a u~aii~er o( any rig~ts o~ opfions under saic~ nofe os t~is mortgage accrued or
f~ereaJf~r acctuin~.
~~llf~s ~Il~~t~ the said morfgagor has hereunfo signed and sealed theae presenb the
day and year jirsf a6one u~ritfen.
Signed, ealed and dpli ed in fhe pr ncp oJ:
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~ STATE OF FLORIDA, - ' ~
~ COUNTY c~F ~t. ~::1C1'= ' ~
~ I HEREBY CERTIFY that on this day, be(ore me, an ;
o(ficer duly authorized in the Stat~ afortsaid and in the County aforesaid to tak~ acknowledgmenb, ptrsonally appeued
- ~~'"-"1' ~ • ~c,':_c:-:i.-, ar. ~-.'~~t
to me known to be~ the person dturibed in and who. executed the (orcguinq instrument and acknowkdged
be[orc me that L f%fCUttd the sama
~1'ITNESS my hand and official ual in thc County and State last aforesaid this ; daq o[ c~
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t ' . ~ - NOIARY M1LlIC STATE OF Fl ~A ` ~
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~ MY COM M I 55 f ON FXP 1 RfS h ~~~4' ,+ti~`~.
~ 54~621~. ~N?}~,, ,
!C'~DED iHRU Gf?~tERAI INS , U ~i-.;~ •
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~ THlS INSTRUMcNT PREPARED BY:
~ Scott M. Kenney ~
TJris Insfruj»rnl prepnred by: Attorney At Lew
~ad,~~ 515 S. Ind;an River Dr. t)R~C PaCE 9~2
Ft. Pierce, FL 33450 ~~~K ~ I
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~ (305) 461- 0740 -
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