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HomeMy WebLinkAbout0933 and ahall per/orm, comply wtth and ab~~ie by e~h nnd ei~ery !he apreementi, iNpu(ntloria, conditloni and cousnnnfs thareo(, and of thla mortgape, then li~ta morldage and tl~e estate her~6y created', ehall ceaae, de- lermtne and be null a~d votd. ' t~A mortgapor heruby /uritier couonanta and agreea !o pay promptly ivhen aue fhe prtncJpal and inierea! und other suma o~ money provic~ed ~or in satd note and ihii mortgage, o~ elfher; to pay ca~l and aingu~a~ tha taxes, aasessments, (eules, Iia6illties, o6~ipallons, and oncum6mnces of every nature ort aatd pro- ~ perty; to permit. commit or aujfer no tuasle. impai~ment or detertoratlon o( aatc~ lanc~ or fhe tmprovernentt i~ereon at any lime; to RPPP ~~@ butldings now or hereaf tor orz satd land /u1ly tre,aured In a aum oj nn~ leaa fhan fulZ ineurable value. tn ~ company or compantea Qccepta6le !o ttie rnortgagee, t~te policy or po~tctes to be held 6y, and payab~e to, satd moHgagee, an~ in ll~e event ony ~um oj monoy becomea paya6le 6y virtue b~ euch iruurance !~e mortgagee ahall haue the rtght to receive aRd apply Ihe aame to the inde6tedne» hereby aecured, ac~ounting • to fhe mortgagor f or any aurp~us; to pay a~l cosfe, rharge~, anc{ e~rpen~e$, inc~udtng lawye~ a~eee and !il~e searches, reasonably incurred or pa~d by the mortgagee becawe of the ~ai~ure o, the mortgagor to prompt~y and ju~ly comply wttl~ the apreements, ltipulallona, cond!ltona and couanants oJ aatd note and ihis mor[gage. ~ or elther; to per~orm, comply with und a6ide-by each and every !he agreemenfa, eti9ujattona~ candiftona ancl ° cousrzants set jorth in antd note and thia mortgage or etther. fn the event the mortgagor fatla to pay when ~ c~ue any tax, asseasmenl, inaurance premium or oiher eum o/ money ~yab~ by vIrtue of aatd nole cnd fhts mort9age, or either, the mort~agee may pay the aame, wtlhout cvatoing or aj~ecting the optian to /orec~oae or any other right ~c?reunc~er, antl aj~ auc~ puymenfs ahall bea~ intereat Jrom date tfeereo~ at the ~tigheat ~aw- ~uI rale then Qllowed by tl~e laws oj the Stale o~ Florida. . ~ any sum of money heretn re~errec~ to be not promptly ptttcT wilhtn 15 days nex! ajter the aame 6PCO?nes c~ue, or tf eacj~ and every !he agreernents, stipulnttaia, conditions anc~ covenanls o~ aafc~ note and thta mortgage, or either, are no! /ully per~ormed, complted with nnd abided by, then tFte e~~tire aum mentloned in aaid riote, and t~is rnortgage, or the enttre. balanee u~pate~ ihereon, aha~~ ~orthwith or therea~ter, at the opiion o~ !he morfgagee, become and be dus and paqahle, anylhtng in satd note or heretn to tjie contvary ~ioiwit~standtng. ~~at~ure ~y the mortgagee to exercise any of ~~ie riflhts or optfona herein provi~ecl ahall not consttl~de a watver of any rtghts or opttans under safd note or t~ts mortgage accrued or t~iereaJier accruing. ~n ~Iitnc~s ~hereof~ ihe saic~ mortgagor has hereunfo aigned and sealed t~ieae presenls ff~e c~ay anc~ year jirst aboue written. Signed, sea[ed ancl delinerecl in the presence o/: ' . - ~l`<~,~ . . . ••7~'7~~t.~`~SS~Q~fEiX _~~r 'i~ - • ~ - • . . ~ . . _ ~ ~ • - ~ , n - . , ~`,.,r~ ~ -~t • ~ . . . .......•-•••••-••-•••-.Y . . d=•b••-- - . . _ - ' . ~ ' ' , . , . : - ~ . . . . . . _ . . _ . , . _ _ . ~ ~ " 'v'. . • . i , ~ STATE OF FLnRIDA, ~ . COUIVTY OF ~ ST. LUGIE - 1 HEREBY CFRTIFY that on this day, before me, an officer duly authorized in the State atoresaid and in the County aforesaid to take acknowledgments, personatly appeared ~1~:,~ ~r~.~-./ . to me known to be the pcrson described in and who e~ecuted the toregoing instrument and ackaowledged beforc me that exet; ted the same. . 1YI1 i\'ESS my hand and officia) seal in thc County anJ Statc last afoiesaid this 31 St day of October A. D. t9 86. ~tt;:... J//J • ~.~•~J~~t C•Q`~~~ ~y ~ ~ - • . ~ ~!--.:.Ay! `,,...y . .......W.. ' . Q NOTARY PU$LIC My commi~~iaa1 .~atp~re~:~'; r • ~ •yl ..a ~ ~ ~ ~ P3 ~ C~, % k41ARY DUBLIt SiAtfr6F:• L`~•I,A•~...n~':~~•~'~ f ~ ~ F~ ~Q ~h~v j'~f•~~•,•,•- !1Y CONNISSIOM EXP 1UlY ~7~#g`gp 80NDED THRU GENERAL Ili$, Ut(d':~;ir~i~,~~~;,;:'~'' R~~ER pU;1:~~~ ~ C:.ER • S LUCIE ~v!!}iTY. ~L. , 7%i.r Iuslni~rrc~rl ~repared Gy: ~1 ~Irlress B~4 5 I 9 P~6E0 9 2 7 ~