HomeMy WebLinkAbout0970 an~ s~a~~ perJorm, comp~y wifh a~d obide 6y each and ei~ery t~e agreemenft, atipu~atlorii, condittons nnd
covennnl~ thereo/, and of lhis mortga~e, then thts mortgage nnd the eslate here6y created, i1~all cea~s, de-
termine ana ~e nul~ ar~~ ~~oi~.
IUii~ thP mortgaflor hen~hy ~u~fher cavenants and ag?Qe~ to pay promptly when clua the principcl and
interes! and other sunu oJ money provided (or in aaid note nnd thii mortgage, or etther: to pny all and
singulor fhe taxes, nssessments, leuies. lta6ililies, o6ligatioru, and ~ncum6rnncea o( every nulure on aaid pro-
pe~fy; to permit. commit or su~fer no iuaste, impai~ment or deferioration of ,ptd bnd or the improvemenb
thereen at anv time: to kepp the buildings now or hPrea(ter on satcl lnnc~ ~ully inswed ~n a sum o/ not less
than Highest insurable value
in a company or compnnies acceptab~e to t~e mo~tgagee, ttie po~tcy or po~tcies to be {~e~ 6y, ond ~xiya6l~
to, suid mortgagee, and in the ei~ent any sum o( money becomea ~ya6l~ 6y virlue o~ auch inaurance the
mortga~ee s{~oll hane Ihe right to rncPivp and npply tl~e same !o tl~e inde6tedness leereby aecured, amounting
fo fhe morfgapor lor nny surplus: to pay a~~ costs, char+ges, an~ •+xpenses, inc~uding ~awyer~s ~ees and t1t~e
aearches, reaso?ia61y incurred or paid by the mortgagee 6¢cause of the /ai~ure o( the morlgagor !o prontpf~r
anc~ ~ully comply with t~e agreemenl~, sftpujalions, concjtftons and covenanfs o/ said note and lhis rnorlgnge,
or eilher; to per~orm, comply u~ith and a6ide 6y eac?~ and eoery i~e agreements, stipu~ations, condtttona and
covenant3 set forth in said note and tf~is mortgnge or either. In the euent tl~e mortgagor (ai~s !o pay when
due any tax, assessment, insurance premium or ot~er sum of moRey ~ya6[~ 6y utrfue oJ said note an~ t~is
mortgnge, or either, t{~e mortgagee ??~ny ~y t~e same, wltf~out wniuing or a(jecling t~e opfion !o jorecjoae
or any olher riqF~t l~ereunder, and all suc1~ paymenls sl~nll bear interest /rom date thereo/ at t~e hi9heat Inw-
~ul mte then allou~ed by !{~e Iaws o( the Stnte o~ Floric~a '
D` any sum o~ money ~~rein re~erred to be not prompt~q paid wit~in 30 c~aya next alter
thp same 6ecomes due, or iJ eac{~ and erery the agreer?ients, stipulations, conditions and covenanta a/ said
note and ihis morf~a~e, or eitl~er, are not jully perJormed, complied witi~ and afiided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balnnce unpaid thereon, shall forthwith or
therenfter, at the option o( Ihe mortgngee, become and be due nnd payable, anything in snid nole or herein
to tl~e contrary notu~ithstanding. Failure by ihe mortgngee to exe?rise any oj the rigf~ls or optioni hereln
provicle~I s{~a~~ not constihite a waiuer o~ any rights or options uncler saic~ note or t~is mortgage necrued or
1{~ereaJler arcruing.
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~n ~~tness ~hereof~ the saic~ mortgagor hus herpunto signec~ and senled these preaents fhe
c~ay an~ year ~irst nlwi~e u~ritfen.
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Signed, senled and delinered in tl~e presence of : (
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Witness ~ YA S
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ai riess- , y~
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A STATE OF FLORIDA,
~ COUNTY nF $RpWp?RD ~
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c I HEREBY CERTIFY that on this day, be[on me, an
oFficer duly authorized in the State afonsaid and in the County aforesaid to tak~ acknowledgments, personally appearcd
TOM M. YATES and LIANL M. YATES, his wife
~ to mc known to bc the person described in and who executed the for~goinq instrument and He acknowledged
~ be(orc me that He ~xecuted the same.
~ ~YITNESS my hand and official seal in thc County and State last a[oresaid this ~CJ~jV,., day of
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A. D. 19 86 "
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' '745Q95 - ~-~ri..... - . _
- RY PUBLIC ~ '
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~ MY CONII~SISSION EXPIRES - ~ ~ -
~ '86 FE8 -5 P3:02 t~,? ss~~ ~ A«~a. ~ ~ -
t 1~,? co~:si~ E~S r~O.. 29. ~9s9
FILEC : : _ ~ ~ r~ T.or F.r-~..i...a Yc.
~ i ROGER Pu~~~!.,;~. ~ t~ ~
ST. IUCIE COJN~i Y. ~i.
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~ I~~1Lf IJlS/17l~llflll re nred by: ~'n~R~ ~ VV'#
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