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HomeMy WebLinkAbout0975 . : Y . ~ . , . , ~ and ~hall perJorm, cornply witl? and abide br ~h ared evary tlse ag?s~?n~nt~, atlpulottoris, condttioru and coi~enants thereof, and oJ lf~ts mortgaAe, ~RRR thia mo~tgage and the eitate here6y crented, ahall ceaie, d~- terntine nnd be null ant~ void. ~!~u martgagor 1~ewby (urfher covenanfs and agreer to poy promptly wh~n d'ue tf~ princtpal and inleresi nnc~ other sums o~ money provtdc~ Eor in iaid note and fh4 mortgage, or eilher; to par aj~ artd ~ingu~ar the taxes, asse~sment~, jeutes, ~iabi~ittes, o6~igafions. ~d .~wn6~~. o! every nafure on taid pro- perty; to permit. commit or su(f er no waate, impni~ment or deteriorntton o~ satd jand or the improven~enb tl~ereon at any time: 1o keep the buiklings now or hereaf ter on autd land f ully insured in o aum o/ not lesi tl~an n i 1. tn a company or compani~s .accepta6le to the mortgngee, the Fo~tcy a~ policiss to be held 6y, ~d ~xira6l. to, aaic~ morlgagee, anc~ in t~e euent any aum of money becomes ~xiya6le by vFrtua of auch iruurance f~t mortgagee sF~nl~ have the ~ight to receive and apply the same to tlw inde6tedneaa here6y securod, nccounting to the mortgagor jo~ nny s~.?pi~: to pay a~~ co~ts, chargea, ant~ expense~, inc~udtng joivYer s Jees and ttt~ searche~, reasona6ly incu~rec~ o~ paid by t~e mortgagee 6ecawe oj the fat~ure o~ the nwrtgagw to promptly nnd ~u~~y comp~q with t1~e agreements, 1tlpu~aitons, condtttoru and covenants ~J snid' note and l1~b mortgag~, ~ w either: to perfonn, co~piy w~th ~d a6~de 6y eoch o?~d every !he agreemenb, iHpulattona, conc~ittona anc~ covennnts aet /orth t~ said nate and thia mortgage or either. In tl~e event tlu mortgagor ~aib to pay wlsen . due any tax, nssessment, insurance premiunt or other ~um o~ money paya5le by virtue o~ saitl nots csn~ t~i~ nwrtgage, or eit{~e?, the mortgagee ma~+ pay t~e same, without wafving or af~ecting f~e option to (orec~oi~ o~ nny otl~er right hereunder, and alI such paym~nts shall bear interest ~rom date thereoj at the I~Ig~e~t law- {ul rate then allowed by th~ lau~s oj the State o~ Florida. ~ ~1 any sum o~ money herein re(erred to be not prompt~y pai~ u~ithtn thirty day~ next of tw the same becomes due, or ij eac1~ and every the agreement~, stipulafioru, conditions and covenants of iaid nofe anc~ t{~is rr~ortgage, or either, are not ~u~~q per(ormed, comp~ied wtl~ and a6~d~d 6y, ff~en the entire ium mentioned in said note, and thir mortgnge, or the entire balance unpa~d l~eneon, a1~uU forthwtth or t~erea1ter, at !he option of t~e mortgagee, become ~d be d~ ~d ~yabl~, unything in suicl nots or heretrt to t~e contrary notwithstanc~ing. Fai~ure by the mortgagee to exerrise any of t~e rig~ts or opttons ~e~in pro~ided s~al~ not constitute n waiver o~ any rig~ts or options under Jaid note or t~tb mortgage acc~ued or t~erea~ter accruing. i ` ~~Ot~ the said mortgagor has F~ereunto signed and sea~ecl t?~ese preaents the dny nn~ yenr Jirst a6ove u+ritten. Stgned, ~~en~ed nnd Iinere in the prese?ice o): ~ ~ . . _ -~-~J ~ . . - . - ~ Lo is ilode . ~ . - eatrice Bilodeau - - - 4 STATE OF FLORIDA, t' COUNTY OF ST . LUCIE ~ ~ I HEREBY CER'TIFY that on this day, beforc me~ an ~ officer duly authorized in the State atorcsaid and in the County aforesaid to takr ackaowltdgments, personally appeared LOUIS BILODEAU and BEATRICE BILODEAU, his wife to me known to be the person S described in and who executed the foregoing instrument and Wt10 acknowkdged be(ore me that they ~xecuted the same. ~ - WI1'NESS my hand and officiat seal in the ~ounty and State last aforesaid this ~V day of M!!~ A. D. 19 $ 6. . . • ? MOTARY FUBtIr NOT Y PUBLIC ~ ~~~kMl~g;~p st~Tf ~F FL6R70A My Commission EXP Y'eS : ~ B~'k0£0 THRU GE~fRAI ~I~31 U~pB~ ~ '~''Fi;~i~6 € -(seal) ~ 11 A10 :C7 - c - ~ . - . ~ ' ? - T7ia ln.rtrument prepared by: , ~ - hddress 500K t~~~ PAGf 9 r~ ~ ~ - - ~ : . . ~ - ~ _ ' e.._ ~.v _ ~ _ - _ - ---._.____.___--.___~___w_~_ ._,..,~r_.._~. _ _ . _ . _