HomeMy WebLinkAbout0986 an~~ ~~QII pPTJorm, comp~y u~il{? ancl a~ic~e by ench on~~ et~ery f~e ngreemenls, rtlpu~atioris, condittoru at~
ronenants thereo~, and o( this mortgaq~, then fhia mortgage and the estate !?ere6y crentec~, sha~l cease, de-
lerniine nnc~ ~~e nu~~ an~ voi~~.
~ fhp mo?tga~or her~~6y ~u~ther covenants and agrees !o pay prompt~y wI?en due !he principnl nnd
interesl ancl other sums o~ money providecl ~or in aaid note ant~ ttii~ mortgage, or etl~er; to poy a~~ and
singular the ta.res, nssessme?~fs, levies, lia6ilitips, o6li9ntions, and encumbrnnces o~ every nature on anid pro-
perty: fo permif. commif or sie~~er no u~asfe, impairment or c~ete~iornfion o~ snid ~nnd or f~e ImprovemenU
therecn a! a?~y time: to ~PPP I~P buil~ings nou~ or herpa/ter on said land ~ully inaurecl in a sum o~ not less
than N/A
in a c•empany or companies accepfa~~e fo f{~e mortgagee, the po~icy or po~icies fo be held 6y, and pnyn6le
to, saicl mortyagee, an~ in the event any sum o( money 6ecomes payo6le 6y virtue o~ aurk insurance 1ke
mortgagee sha![ ha~.p the rigF.t to receive nnd apply the same to t1~e indebtedness hereby secured, nccounting
to f~e mortgn~or ~or any surplus; to pay a~~ costs, c{~arges, nnd expenses, inc~uding ~awyer~s fees and tit~e
senrcf~es, reasona6ly incurrec~ or ~a~d 6y ~hp mortgagee because o( t{~e ~ai~ure o~ Ihe morlgagor to prompf~y
and f u~Iy c~mply wit{~ the agrePments, stipulations, conditions and covenants o/ sait~ note nnd this mortgnge.
or either; to perform, ~omply witlt and a6~de 6y each and euery !he ugreements, stipulalioru, conditioru and
! covenants spt fort/~ in said note nnd this mortgage or eilher. In the event t1?e morigagor ~nils to pay when
due any ta.r, assessment, insurance premium or other sum o~ money paya6l~ 6y virtue o) said note anc~ tF?is
mortgage, or eittier, the mortgagee may pny f~e same, wit{~out u~Qiving or nf
fecting the option to ~orec~ose
or any olher riqht {~er~und~r, and oII such payments shall bear interest ~rom date thereof af the F~ig{~eat ~nw-
/uI mtP 1?ien allotaed 6y fl~e lau~s o~ the State o~ Florida.
any sum o~ money ~~prpin re~errec~ to E~e not pmmpf~y paid wilhin ~'1ix'ty days next a`ter
the same ~PCOmes due, or i( ea~h nnd pi~ery the agreements, stipulations. conditions and covenants of said
note and tF~is mortga~p, or PI~~Pf, are not Jully perJormed, complied with and ab~ded by. lhen the enlire
sum menlioned in snid note, and this mortgage, or the entire balnnce unpaid tleereon, shall /orthwitl? or
thereaf ter, nt fhe opfion oJ tf~e morfgngee, become an~ ~e ~ue and paynb~e, nnyt{~ing in saic~ note or ~erein
to t~ie contrary notu~if~sfnnc~ing. Fai~ure F~y the mortgagee to exercise any oj f{~e rigf~is or opftons herein
proi~ided sha~~ not constitute a u~ait~pr o~ any rig{~ts or options und~r said note or t1?is mortgage accrued or
f{~erea~t~r accruinc~. ~
~i• ~~H~~~7 ~hertof f/ip SQt~ morl, ~qor ~IQS hPrplt/lIA SlQl1P~ aR~ SPQIP~ IRPS@ ~
~ q. , presents the ~
~ay an~ year ~irst atioi~e i~~riffen. "
$ign~~. se ~ec~ a?~~ ae~i~~~rec~ in t{~~ pr~sencP o~:
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~ - C./[~.-C_i.:`c.+..i~....~. L_Q~c.CY~c.~
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~ STATE OF FLORIDA, ~ ;
~ `~t COUN"TY C~F ST. LL3CIE '
~ I HEREBY CERTIFY that on this day, before me, an 9
~ o[ficer duly- authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgmenu, p~rsonally appearcd
€ '
J ~ GEOR~ W . FLtJDGII,
i ~.u ~ s' ~
~ to m~ knowrt to be the person described in and w•ho ezecuted the foreqoinq instrument and ~1Q acknowledged
~ ~ befor~ me that he ~xecuted the same.
~ U N'ITtiESS m}• hand and official seal in the County and Statc last aforesaid this ZSt da ot
~ ? y .
J ~y A. D_ 19 g5 44 r
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' - ~ ~ ~ . 1~I~7TARY~~ L7C,...~~a~e ~o a--T ' _ .
~ ~ 2 P3'36 n ~
~ ~ -~fy Carmission Expires:~ / a3 ~ -
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_ ~ ~ FiLE~ ~ ~ E~ , ~ . - . . ~ ',.sf
ROGER
- ~ ST. LUG;E C...',~- ; - . . . . , . _S::.ir
F ~ i ~
. ~ '~n , '704145 - ~
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~ - ~~a' DOUGLAS E. SONANO, ESQ.
~ ~ 60HqN0 & NARRELL
Thu Itutna»~~tl prcpn~cd by: Suite 200. Citizana Fed. 814~. ~~K {~p
~ ~ f~~r~~ 1600 Soath Federal Highway ap~X 463 P~GE c70?
~ Fort Pierce, FL 33450
f (30~! t64-1032 ~
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