Loading...
HomeMy WebLinkAbout0953 an~ shal~ per~orm, comply u~lth anc~ abtc~e by eoch nnd every t~e agreemvnfa, i!lpu~atloni, c~ondit~ons and co~~enante thereo/, and of lhta mo?tgaQe. Ihen lhis mortgage nnd the e~tct~ ke..6y croated, ~hall ceai~, d~- lermine and 6e null arid aotd. 751~l1 f~p r?eortganor ~en~5y ~wlher covenanls and agreei to pay promptly wkan due th• peinripa~ and tnferes! and other sums o~ money provided jor !n aaicl note ond thta mortgage, or ett{~e~; to pay a~~ and singujar f{~e taxe:, assessmenl~, ~rutes, un6l~Jliea, o6~igaNont, nnd e?tcum6rances o~ every nature on inld pro- perty; fo per?nlf, commit or su~ler no waate. impnirment or delerior+ntion of aaid ~and o~ fFie improvemnnb fhPn~cn af a?iy fime: IO RPPp I~1P bui~ings naw o? herpa~ler on said lnnd ~u«y tns~u+ed in a aum of not ~esa ~I~an full insurable value in a rompany or rompantes accrptab~e fo t~e mortgagee, Ihe po~tcy or po~lcie~ to be he~ 6y, and ~yabl~ to, snic~ ~IIOI't~QQPp, an~ in ihe event any aum o~ money becorr~ea payn6t~ 6y virtue o` such truurance the mortgagee shot! ha~~e the rifl~ef fo receiue nnd nppIy Ihe same to the Inde6ted~ess hera6y secured, aceounttng to t~e mortga~or ~or any su~pjua: fo pay u~~ rosts, c~urges, and expenses, inc~uding ~awyers ~eea un~ ttf~e searches, reasonnb~y incurrecl or paid by fl?e mortgngee berause oJ the ~ai~ure o~ f~e ntorigogo~ !o prompt~r and JuIIv comply u~ith f~e agreemerils, stipu~ations, condilions and covenants o/ said note and I~ta mortgage. . or eillie~; to perJorm, comply witl~ and abtde 6y each and euery fhe agreementi, atipulutioru, canditlona and covenanfs set (orf~ In said note and thts mortgsge or eit~er. ~n the event the morlgago~ ~al~s to pay when due any tax, assessment, insurance premium or other sum o~ moneq paynb~e by • vlrtue o~ said note and fl?is morlgage, o~ eil{~er, ihe marfgagee may pay t~e same, wtthout waioing or a~~ecfing the opfion to ~orec~ose or nny other rig{~t herPUnder, and alt suc{~ pnyments sl~all 6enr intere~t from date thereo/ n1 t1~e htgi~e:t Inw- (ul ~ate then al[owed by If~e l~~us oj t~?e $tate oj FlortdQ. ~L any sum o( money. herein ~elerred to be not prompt~y pnid w~~h~~ fifteen clays next a~ter , ~liP SQIi1P 6PCO//lPS due, or iJ each and every Ih~ agreements, stipulations, conditions and rnvenants o/ said note and this mo?tgage, or either, are not ~ully perJor?ned, complied wltl~ and abided 6y, then the entire aum mentioned in said nole, ant~ !{~is mortgage, or tl~ e entire balance unpaid thereon, shall Jorthwit6 or thereajter, at th~ option o/ the mortgngee, 6ecome and 6e due and paya6le, anythtng tn soid note or herein to i6e contrary nolwitFstanding. Failure 6y ~i~e morfgagee to exerciue any of the rtgl?ts or optioru herein : prouitlec~ sha~~ not conslifule a u~niver a~ any rig~ts or options under saic~ note or t~is mortgnge accrued or t~erea~t~r accruing. ~n ~itness ~~Ot~ Itie said morfgagor has hereunto signed and seolecl lhese presents t}~e clay anc~ year `irst abore u~riNen. Signed; s and de1i~~ d' l1~e prese~ecp o): t,~ . ~ . . i~ e~- e eric s ~ - ----------J~---~---- - .o~~-:......... , - , ~ - ~ : , 4 , - - ~ ~ i ~ E 't p STATS OF FLORIDA~ ~ ~ c~~YTY ST. LUCIE ~ I HEREBY CERTIFY that on this day, before me, aa ~ otficer duly authorized in the Statc a(oresaid and in the County aforesaid to tak~ acknowledgments, p~rsonapy appearcd ; JEFFT.tEY FREDERICKS, ~ to me known to b~ the person described in and who e>ecuted the tor~qoinq instrument and he acknowkdqed ~ fxfor~ me that he t:ccuted the same. ~ «'I7~tif.SS my hand and of(icial seal in thc C'aunty and Statc last aforesaid this 16th day o[ ' ~ February D• ~9 HZ . ~ ~ ~ ~ ~ fE8 I7 4N 2' 28 ~ rrot. ...Pub~i~; ta~e-- --F~Tori~da _ X ~ . at arge . ~ ~ ~ ~ ; • tht fECORRfO ~ ~~~.r.t My comcnission expires : .i0 It CCtiytY.Fl~- ~ _ - - sTi c ER ra~Ta~{~1 F " ```,.;s` , ~ - CLERK CIftCUli C0~. D I ' ' ' - " ~4~ - 4'f L---'Ll1- ~ = . . kfceFn - 4 :~iY~'- - '~i.= , ' ''~v i - 5~ . • ~ 're,.,~:ti:iu'`~',,f 4 ~ Thu Irutrumcn! p~rparrd by: Spencer B. Gilbert of Gilbert & Orr, P. A, ~ ~ Adrlr~u ~ 220 South Second Street ~ Fort Pierce, Florida 33450 - - ! - - . - ~