HomeMy WebLinkAbout0950 . _..__~.....r.r__,.
a?u~ ~hall per/orm, comply u,ith and a6ide by ~uch and ei~ery the agnr?n~nb, atipulntio~ia, rnndtttoru and
covenantt t{~ereo~, and o( t/~ts mortgnpe, l~en f~U mo~tgage and the ~itate I~areby cr+sate~, i~au ceaae, d~-
termine and 6e null an~ voi~.
~ thp mortgagor hervby f urther couenants and agrees eo ay P.n~p~ty ~hen dw d~ ~~i~i a.~d
interes! and other sums o~ money pronidecl ~or in aatc~ note and thta mortgnge, or eit~er; fo pay a~l nnd
singu~ar t~e tnxes, assessmenfs, jevIes, liabi~ilies, ob~tgnttons, nnd e~cumbroncta oj eusry nature on satd pro-
perly; to permtf, commit or au(fer no wwle, impairment o~ deteriorntion o~ toid ~and or t~e lmproven~enb
t~erecn af any time: fo keep the 6uI~ings now or herea(tnr on said land /ully insured in a aum o( not ~eat
than full insurable vaiue
in n company or companles accepiabje fo !~e mortgagee, !~e po~tcy or po~lctes to be held by. ~d ~yabi~
to, sald neortgagee, nnc~ in fhe e~erit any sum o~ money becomes ~yabl~ 6y uirtue of ruch inaurance t~e
mortgagee shall F~nve the right to ~eceive and apply? ll~e aarrte to !he inde6tednesa here6y secured, nceounting
to t~e mortga~or ~or any surplus: to pay a~~ eosts, churges, and expensos, tnc~ucitng ~awyers fees and tit~t
aenrc%es, reasona~~y incurre~ or paid 6y tf~e niortgagee because oj t~e ~ai~ure o~ fhe rnortgagor fa prorn~t~y
ar?d f u~ly comply u~it~ t~e agreements, stipu~ntiona, condittons ond rnvenanta o( aaid note nnd this mortguge,
or either; to per~orm, comply witk and a6ide by eac1~ anc~ euery !~e agreemenfs, sfipu~ntiona, oondifiont nncl
co~enants set ~orth in snid note and t~is mortgage or eiftier. /n f{~e e~ent the n~orfgagor fnt~.t to pay when
due any tax, assessmenf, insurance premiuin or ofhe~ sum o( money paya6le by virtue oj said note anc~ fhia
mortgage, o~ eifher, t{~e mortgagee may pay ff?e sa?ne, wit~out euniving o~ a/Jecting the option to (orec~oie
or any other rig{~t hereunder, and nll ~uch pnyments 1haII bear interest ~ro~n dnte thereof at the higkest law-
~u~ rate il~en allou~ed by 1he Iams o~ the Siale o/ F[orida.
~L any sum o~ mori~y F~erein re~errec~ fo ~e no! prompf~y pnic~ u~it{~in t h 1 r t y dayt next af
ter
the same 6ecomes due, or iJ each and every t{~e n9reements, st+pulalions. conditions and couennnts oj aaid
note and tl~is mortgage, or eilher, are not ~u~~y performed, complied with an~ a6ided 6y, then fhe entire
sum mentioned in snid note, and thia mortgage, or th e enttr+e balance unpaid ther~eon, shall /ortbwitl~ or
thereaJter, at the option of the mortgagee, 6ecome and 'be due nnd pnyn6le, anything in :aid note or herein
to the conlrary noltuilF~standing. Failure 6y the mortg agee fo exerrise any o~ the rights or optiona heretn
providecl s~a~~ not constifute n u~aiuer oJ any rights or options under saicr note or thu mortgnge actTUee~ o~
therea(ter accruing.
~n ~~LII~ ~~~t ihe said mort n or has hereunto si and seal Jees , sents the
da and eor irst abo ~e u~ ' T~IS IS A BALT.~i _~81'CAGB F P ~ ffi
~,AI.A1~S ~ DPOI~ MA~i'Y IS $26,900.00 TOGRT~g HY ~ .,A1R,
~~j~ S Y ~ D~Sg TSB ?HI4' '
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~ STATE OF FLORIDA, ~ `
~ COUNTY OF ST. LUCIE
I HERESY CERTIFY that on this day, be(orc me, an
~ officer duly authorized in the Statc aforesaid and in the County aforesaid to take acknowledgments~ penonally appeared `
~ DOUGLAS SOUSA, as President of DOUGLAS INVESTMENTS CORPORATION
~ to me known to be the penon deuribed in and who ezecuted the forcgoinR instrument and h e • acknowkdaed
~ beforc me that h e executed ehe sama y: ~ v J,~
! V1'I1'NESS my hand and ofticial seal in the County .-snd State last aforaaid this oF
A l .
~ March A. D. 19 85 g~d r.
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k •~c ~ 21 p~ Notary P!ublic-State o.~..F~1'AY'ic~~ ,
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' My c mm ssion expires:
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FILEC - ~
ROGE ~br~. St~te ot florida
~ ST. IUCiE - - " ~ ~ : ~1~? Co+a~nission ExyKes l~tr i9. 1981
I ~d TMr frol fw • I~f~r.,c.. I~c.
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Tliu Iru~runrcnt ?r rrd b SUNBNRST TITLE COMPANY •
P Pa J u d i t h E. D i c k Fsat Cittzeas Federal Bu~iding
- Addr~rs 8410 Seutb Fedorai Higbway
(~ft hrt 3~iat lucie, Flarr~lg 33~52 ~
~ eoo~ 459 Pa~E 950
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