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):
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STATS OF FLORIDA~ ~ ~
c~~YTY ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, aa
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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[ '
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February D• ~9 HZ . ~
~ ~ ~ ~ fE8 I7 4N 2' 28 ~ rrot. ...Pub~i~; ta~e-- --F~Tori~da
_ X ~ . at arge .
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• tht fECORRfO
~ ~~~.r.t My comcnission expires : .i0
It CCtiytY.Fl~-
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ER ra~Ta~{~1
F " ```,.;s` , ~ - CLERK CIftCUli C0~. D
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~ Thu Irutrumcn! p~rparrd by: Spencer B. Gilbert of
Gilbert & Orr, P. A, ~
~ Adrlr~u
~ 220 South Second Street
~ Fort Pierce, Florida 33450
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