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HomeMy WebLinkAbout0916 ~ 1 anc~ shall per~orm, com~~y wil~? anc~ n6ide b~ ench and eaery l~e agreements, attpu~ationi, condttioru and ~ canenanta thereo(, ahd oJ t{?'rs morf~as~e, lhen tF~is mortgade and the e~tate here6y created, si~all cea~ce, de- lermine and 6e null and ~~oi~l. 7i~ fhe ?rortga~or hero6y ju~fher covenants and agrees lo pny prompf~y when due ftie principn~ nnd inferea! anc~ utf~er suma o~ money provi~ed jor in sa[d note ancj ltii~ mo~tgage, or ett{~er; to pay aj~ une~ ai?egalar the taxps, assessments, leviea, I~a6~li<ips, obligafions, and encum6mnces of euery nature on tutd pro- perly: tu perrnif. cvmmif or suj~er no waete, impairntent or deferiora~ton o~ a:ic~ ~and or lhe improvemenb 'i therecn at any time: to RPPp ~hP bui~dinga now or hereajter on snid land (ully t?uw~d in a sum o~ not less z~ than Full insured value• in r company or eompanies accepta6le to Ihe m~rtgagee, !he policy o~ p~licies to 6e !?2Id 6y, and pnyable j to, aaid mortpa,qee, and in the ei~ent any sum oj rnoney 6ecomea payable by virtue of sucl~ insurance the mortga9ee sholl {~uno the right to receive and apply the same to the indebtedneas hereby a•~cured, accounting to the mortga~or ~or any stirplus; to pay a~~ costs, c{~arges, and expenses, inc~uding Iawyer~s ~eea and lit~e aeafc{~es, rpasona6ly incurre~ or pnln by fhe morfgagee 6ecause o~ t~e fai~ure o~ the morlgagor to prompt~y an~ ju~~y comp~y wifh t{~e agreemenfs, stipulalions, condilioru ancl couenants oJ s~~d Rote end th~s morlgage, o~ eifher; to per~orm, comp~y wifh anc~ abide by each anc~ euery fhe agreements, stipu~afions, conditions nru~ covenanls set /orth in said note and this mortgage or eit~er. ln the event the mortgagur fails to pay when due any fnx, assessment, insi?rance premium or ot~e~ sum oj money payable by virtue of snid note and f~is mortgage, or eilher, t~e morlrya!~ee may pay t~e same, wit~out waiuing or a~,/ecting t{~e option to jorec~oae or any otF?er rigl~t he?eunder, and all such payments shall 6ear interest /rom dnte lhereof at !he {~igl~est ~aw- (ul rale fF~en nllou~ed 6y th~ In~ns oj the $tnte of Florida . ~L any sum o~ money hereiri re~erred to 6e not prompf~y paicl u~ithin thirty (30) days next after the same be~omes due, or if ench anc~ PVPR' !he agreements, slipulntions, cont/iliuns and couenants of aaid note and this mortgage, or either, are not f ully perJormed, complied witl~ ancl a6ided by, tlten tl~e entire sum rnentioned in said note, and this mortgage, or th e entire bajance unpaid thereon, shal~ ~orlhwitl~ or therenfter, at the option o~ t~e mortgagee. 6ecome and 6e due and p.ayable, anqtking in said note or herein to the contrary notwifhsfanding. Failure 6y the mortgagee !o exercise nny of the rights or options herein proviclec~ s~a~~ not conslil~ife a u~aiver o~ any rig~ls or options under saic{ notP or this rnortgage accru2~ or thereaJt~r accruing. ~Ia ~~UIL,S ~hereof~ f~ie saic~ mo?fgngor ~as {~ereunto siqnec~ an~ sea~ec~ these presents fhe } c~ay anc~ year first a~ore u~ritfen. ~ Signed, aled and delii~e d i !he presence o): . ~ ~ ~QiLc.~--~ ALRICO Ir;~ . , ' - - ~ ~ - ~ ~ _ , C~~ ' ~ BY : ~ - - - ~ - - A. D. ORR, JR., PRES NT • - - - - - ,I, - - - - - ~ ~ 2 ""B~" A~~ ~ f ~ f ~ ~ STA'T£ OF FLORIDA, ~ ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day, betore me~ an i officer duly authorized in the State a[oresaid and in the County aforesaid to tak~ acknowledgmenu, personally appeared ! A. D. ORR, J~., PRESIDENT AND FREDERICK B. GUHSE, SECRETARY I to me known to b~ the person S descritxd in and who ezecuted the [oregoinq instrument a~d they acknowl~ed ~ be[ote me that they er.ecuted the same. N'I7'~iF.SS my hand and official seal in thc County and Statc last aforesai is 12th .~~n ~~y ~ 85 .I' ~~.,ti , . ` ~ July A. D. 19 4 • j.r, a ~ ~ ~o ::f ~ , ~ ~ ~s ~ " G.~ : C. . i•..YI..Y.-14~;~-..~.~..-1~ f - w '~j j ~"j P ~ :32 N Y PUBL I C ~ ~ ~ ~ ~ MY COMMISSIONr ,C~-:~~ z ' ~ ~ F~~~-•.' • ~OT'RY PU6~~C $TRTE OF fi~ltlOA ~ ROGE~: : - ~ pY r,nr,Y.iS51~M F~V. AiR 2~,?~d9 ~ ST Ll)l;`•: ~~~E~e: Tk• ~ ~ n~... ~ ,I ~ , '7~5093 I ~ ~ This Lutrame~il prepnrrrl6y: First American Tit1e Co. of St. Lucie Addr~ss 302 Scuth Second Street ° Fort Yierce, Florida 33450 (iit ~~~f ~ ~aac ~ ~ ~ - ~ ~ - ~ ~ Y . - , - .R. _ ' _ _ " C" '~s ~ , . : - -