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HomeMy WebLinkAbout0953 s and shall pFr(orm, comply u~ith and abide by each nnd ri~ery tl~e agreemenls, s«pulations, cond~t[oru and co~~enanfs I~~ereo~, anc~ o~ I~~is moripa~e, f~en I~is mortgape ancr I~e eafafe I~ereby crPafec~, s~e~~ ceme, de- fe?mine anc~ ~~e ru~~~ an~ ~~oi~~. ~nR IhP mortga{~or ~~ern~y jurlher coi~enanls an~ apree~ to pay promptly when clue flea prinripal nnd inforY.sl nn~ ot~er sums o( money provic~ecl %r in sai~ note ar~c~ fhia inorlgage, or e!lhe~; fo pay a~~ ancj singu~ar if~e la.r~s, assrssmen(s, lc~vies, lia~~tjif+c~a, ob~i{lafio~~a. an~ encum6rnnces of every naiure on aaid pro- perfy: fo pvrmil, commif or su~~er no «~asfe, impairment or ~eterioralion oJ aaia ~anc~ or the improvemenlt thprn~•n af any rim~; to ~rFep ttiP buildings nou~ or hereaf I~r on c~id land (ully insiued in a sum o~ not lesi 1~inhnct insurable value. . in a ~ompany or i~ompani~s ncc~pla~~e lo the morfga{~ee, I~~e po~icy or po~iciea to be held by, and payaDie io, sai~ morfgngP~, a~ul in fhP ev~nt any sum o( money 6ecomea payab~e 6y virh~e o~ such insurnnce the mortgag~e 5~(III ~AI'P !tie riqht to r~•PinP and apply tf~e same to the indebtedness {~ereby securecl, aceounting fo Ihp morlga,rynr ~or any surp~us: fo pay a~~ cosfs, c~a?ges, anc~ expenses, incluc~ing jnwyer~s JpPd and tlf~t ~PAIY'hPt, tPASOtIQE)~V I/ICII~~PA or pai~ ~y fhP mortga~ee 6ecausp o~ t~e ~ailtere o~ Ihe morlgagor to prompll7r an~ (11~~V c~mply U~I~~ ~fIP agre~ments, s/ipulations, conc~ilions ancr covenanfs o' Sqld nole and t1~is fl'IO~~9agB. or Pif~ier; lo per~orm, comply witJ~ an~ a~~icle by eac{~ an~ Bl~P7y Illp ngreements, alipu~afions, conc~ilioru and coi•pnnnls set ~orth in sai~ nufe an~ thes mortgnge or either. ~n f{ip event !tie morfgagor ~ai~~ fo pay when c~ue any fa.r, assPSSnz~~f, inseiran~p premium or other sum oj mo~~ey Paya6[~ by rirlue o~ saic~ note and Ihis morfg~p~, or ~il~i~r, I~~r morf~ac~~e mny pay Ihe same, u~iltiout u~aiving or a//PCfing lhe opfion to ~orec~ose or any ofhrr ric~h! I~er~und~r, ancl all sucl~ paymenls s{~all bear inleres! ~rom date !{~e~eof at t1~e hig~est lau~- 'll~ ~AIP I~1PI1 (IIIOIt+C(~ ~lV IIIP I(111~5 OJ ~IIP ~~Q~P 01 FIOrI~~. , )l nny sum oJ mu~i~~v ~~erein re~err~c~ lo E~e no! prompf~y paed wittiin f i f teen day3 next o~ter thP snmr h~rom~s du~. or iJ ea~h nnd ei~ery thP agreemPnts, sfipulaiions, conditions and co«enants oJ said note nnc~ Iliis morf~~~~~~. or ~ilher, are> not jully perf ormetl. ~ornplied with and n6~dpd 6y, l~en fl~e en(ire sum menfion~c~ in sai~ not~, an~ Itiis mortgage, or t~?e enlire 6a~ance unpaic( fhereon, s~n~l ~orthwilh or therea~ler, a! I~c+ option oJ f{~e mor?ga~ep. 6ecome an~ 6e ~ue and payable, anyt~ing in saic~ nofe or herein to Ih~- confrary nolu~ilf~stnn~Ii~eg. F'ai~ur~ ~y !~e mortgaqee to e.rercise any o~ Ihe rights or opfions ~erein prot~i~ec~ c~a~~ nof c-o?istiluf~ n u~ai~~er o~ any rig~ls or opfions nnc~pr sai~ nol~ or /his mortgag~ accrued or f~~prea~trr a~~•ruinc~. ~ ~n ~~tness ~h~reof~ tE~~• saicf morfga,yor ~i~s ~~erPruifo si,ynPC~ an~ sralP~ (~FSP presents fhe c~aV ancl V~or ~irst aE~o~•~ u~ritf~n. S[gltP~. ~t11P~ an~.-c~l~~ht~~~ in 1)i~ pr~svncr oj: ~ _ 1 j ~ ~ ! . , . ~ ' ~ ~ ._i1~~.1.t . _ ~ . . t--~~`-~-~.. ; ` / ' ~ ARTHL'R YOUI~IG , ~ ~ ~ . . - . . . . - ~ ; . _.~'Sef/~~_ 1"'1..'~-rS...J~~~.r_.._... . . - . ~ - ; ADEL E YOUPJG ~ ~ _ j - . . _ . . . . _ ~ ~ ~ ~ STATE OF FLORIDA, ~ COL:\TY nF St. Lucie I HEREBY CERTIFY that on this day, before me, an ~ of(icer duly aut6orized in the Stat~ a(oresaid and in ihe County atoresaid to takr ack~owledqmenu, penonally appeared Arthur Young and Adele Young, his wife to me known to be the perso~~ described in and who executed the for~goinq instrument and Wh~ acknowledged befor~ mc that they exccuted the same. N!~{T1ESS my hand and official scal in the Gounty and Stati~ last aforrsaid this day of .1. Q~ly A. D. 19 84 . . ~ ~ 0 T ! j1 1 . _ . . ~.6~-~ - ` " • ~ -9 P 3 S NOTARY PUB C ~ ~ ) Ci . ~ " : a~ ~ , . ~ ~j l~~S . ` L~ . RC'J ' ! ' Si. ~ i b'~4109 Tl~u Lunr~~,u~rt p,rprr~rd hy: ~T M. KENN~Y ~dd~ Fee, Fe~, ho`,le^aid Teel & Kenne ~ N p, a, ~ y i $a~ `t~.~~ P!!Gf ~3 N~~. Rox lp ;0 - ~ FOif Pi~~C3. FL 33454 _ , . ( ~