HomeMy WebLinkAbout0976 antl sAaII pe~(orm, comp~y wit~ nnd a6ide bp enc~? and every f~?e ogreemenla, stipu~ationa, conditiona an~
cone~ants ttie?eo(, and o~ fhis mortgape, t~en this mortgnge and l~?e ettate f~ereby created, s{~u~l cea+e. da-
termine nnc~ ~u nall an~I voic~.
~11U1 fh~ morfga~or ~~eruby jurf~er rnuenanls anc~ agrees !o pny prorr~plly when ~ue the principn~ anc~
interesl an~• ot{~pr sums o~ money prouic~ec~ (or In saic~ note and t~b mortgage, or eithe~; !o pay a~~ ar?d
singu~ar Ihe taxea. assPSSmenls, ~evies, ~iabt~ilies, ob~tgaftons. and encumbrancsa o( every nature on satd pro-
perfy; to permit, commi! ur su~~er no wnste, inepairment or c~eterioratton o( satd land or the tmpro~emenb
f{~erecn a! any time: fo kPOp !he I~utlclinp~ now or herPalter on .uid land /u~~y insiu+ed In a sum oj not ~eai
than
in a rompany or companies accepfa6lo lo the morlgagee, the po~tcy or poltcies to be heW by, and ~ya6l~
to, said mortpngep. unc~ in Ihe euent any sum of money becomea ~xiya6le by vtrtue oj such irwurance !he
rnortgagee stio~~ ~ane t~e rig~l to TPCP~VP nnd np~Iy t1~e anine to tl~e inde6tednesa here6q secured, aceounling
to t~e mortgago~ ~or any surp~us: to pay a~~ cosls, chargea, and expenses, including lawyer's ~ees and tit~e
searches, reasonab~y inci~rre~ or paic~ by the mortgagee 6eca~ue o, the f
ai~ure o~ the mortgagor fo prompt~y
and ~u~~y comp~y with the agreemenls, stipulafions, conclilions and covenants o~ said note nne~ t~is mortgnge.
or either; to per~orm, comply with and a6ide 6y ench und every the agre~ments, afipu~atio?u, conclitions and
covenanfs set ~orf~ in said note and thia morfgage or either. /n fke event the rnortgugor ~aila to pny u~/~en
due any tax, assessment, insurance premium or other sum o~ money paya6[e 6y vlrtue of sntc~ nole and t{~is
mortgage, o~ either. t~e morlgagee muy pay fhe aame, without waiving or a~JectIng the opfion to ~orecjose
or any other right ~erpunder, and all such paymenta ahnll bear interes! /rom date thereoj at the I?ighest Iaw-
(ul rnte ihen allowed by the lau?s oj t{~e State af FcoRaa. ~
~L any sum of money herein re(erred to be not prompl~y paid wit~in days next af ter
the same 6ecomes due, or ij eacf~ and euery the agresmenfs, stipulations. condifions and covenanls oj said
note and this mortga~e, or either, are not /ully per~ormed, complied witR and a6ided by, then the enlire
sum mentioned in said nole, and this mortgage, or t~ e entire balance unpaid theneon, shall jorthwith or
theren(ter, at the option o( the mortgagee. 6ecome anr~ 6e clue and pnya6le, anything in said nate or herein
to the conlrary noiu~if~stanc~ing. Fai~ure tiy the mortgagee fo exercise any oj the rig~ts or opt~ons ~erein
proritjecl s~a~~ not consfifutp n u+airer o~ any rig~ts or options under saic~ note or this mortgage acc?ued or
t{~ereaf fer accruing.
~n ~itness ~Nhereof~ fhe saiil mortgagar has hereunto signed and sealed these presents the
~ay anc~ yenr ~irst ahore ~rritfen.
Signed, sealed and t~elirered in the presencp o/:
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David B. Binder
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I' ._1~..~L~l..~...- ~Q-~
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Mar a et B. Binder
, 9
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STATE OF FLORIDA, ~
cou:v'['}t oF St v Lucie ~
I HEREBY CERTIFY that on this day, beEore me, an
officer duly authorized in the State afAresaid and in the County aforesaid to tak~ acknowledgments, personalty appea~ed
David B. Binder ~ Margaret B. Binder
to me known to }x the person dcuribed in and who executed the [orrgoinR instrument and They acknowlcdged
beforc me ch~hey executed the same. y
WI1'NESS my hand and official seal in thc Cpunty and Statc last aforesaid this 7th day o~
May A. D. 19 86 ` • ~
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!'7~22~~ Rose Marie Artley .
Notary Public, State.o :F3orida
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~OTARY PUBUC STATE Of flORlOA `
MY COMh,ISS~ON E~ikES ~~V~ 2i 1986
T~{~~[~,{rew',~ iNV~' ~ ~ •a f ( ' .
~VIV4/4/ 1•^_U W~CK~Y~ .i,~4. l. ~ ~
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"lhir I~utrunre~r/ prepnred by:
Addm~s B00K e~4~, PACE ~77~
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