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HomeMy WebLinkAbout0929 _ _ _ _ _ _ _ _ _ _ _ ~ _ .~1~_ . _...~w w ~ - _ . ...s..Y. _ _ _ and ahall ~er'orm, co»ip~y with an~ abide by each and every the agreement~, eNpu~atlorii, condltlona an~ conenanla lhereof, and of this mort~qane~ lhen thta mortgnge and the sstate f~ereby created, xhal~ cenae, de- termine a?id be nul! and i~oid. ~ ~nd thp mortgapor heruby (urlher cove?innfs and apreea to pny prompfjy when c~ue Ihe prtnclpal and intere~t arid othor sum: o( money prouic~ed jor in aalc~ note and t~ia morlpage, or ei(~er; to pay al~ and ainguCar the ta.rPS, asseasments, ~evle+, ~la6i~iNe~, o6lipattons, anc~ encumbrancea af every na~cere ore aaJd pro- _ perly; to permtt, commi! or s~tl f er no wa~te, impairment or c~etvrloratton of aald land or the tmprovemenla dhereen nt any fime; lo RPNP ~l1C f~utlc~infls now or {?eraa~t~r on satd land /ully insurec~ in a~um oJ not ~e~i Ihan ~L INSURABLE VALUE - in a company or compantes acceptab~e to the ntoilgapee, !{ee po~tcy o~ po~Iclas to be heid 6y, ant~ paya~~e to, satc~ mort„~~ne, anc~ tn the event any sum o~ monoy ~ecomea payab~e by virtue b~ auch inaurance t~e mortga~ee ahall Ieave the rtght to recetue and apply the same to tlee inde6tedne~s here6y aecured, accounttng to the mo~tga~or Jor any surplus; to pay nll cosls, chargea, and expenaea, including Iawyer's jees and ttt~e searches, rensona6ly inciirred or patd by the ~nortgapeo 6ecac«e of !he ~atlure oj !he mortgagor to promptly and ju~~y comp~y wiih the a~reements, slipu~attona, condttion~ and covenanta o( said note and thta r+tortgage, or ettlier; to per~orm, comply witi~ and a6tde by each and euery the ngreamenis, atipulations, conclif~ont ana coven~nls set jorlh in said note and this mortgnge or etther. jn the even! the mortgagor ~at~s to pay when dus any tax, assessment, instirance premium or otAer sum of money pnyable by virlue oj said nole and ihis mortflnpe, or eitf~er, I~ie morfgagee may pay t~e same, without tuatutng or a~f ecfinfl the opfton to ~orecjnae or any other rtg{~t Iiereunc~er, anc~ aIl sucli payments shall bear tnterest from date thereof at tF~e higliest law- (ul rnte (finn allowed by ~1~~ Iar~~s oJ !he Stnte of Florida. ~l nny sum o~ mortey 1~ereirt reJerred to be not promptly pnid withln~IRTy (3~~ t~aya next u'ter t{~e same bPCOmes due, or i~ eacF? and every t~e aQreements, stipulalions. condilions ancI covenants oj suid note and thts mortgn~e, or either, are not f ully per~orn~ecl, complted with and a6tded 6y, tf?on the entire sum mentioned in said note, and lhis mortgage, or the enttre 6alance unpaid thereon, ahall (orthwith or ~ thereaf ter, a! the oplion o~ the anort~a~ee, become and 6~ dus and payable, ~nything in snid note or ~erein to !he confrary notu~ill,standinq. Failure 6y the mortgngee to exencise any of tfte rig~ets or optiona heretn provided sha~~ not ronslitute a wniupr oj any rights or options under saic~ note or this mortgage accrued or t{~ereaJler accruinfl. ~ ~ $~1itnQSS W~e~~~t' Ihe said morfc~agor {?ns hereunto siflned and sealecl these presenfs the ~ c~ay anc~ yenr ~irst ahove u~ritfen. _ ~ Signecl SCqIP~ and de~in~recl in the presence o~: ~ f~C~~ 1~ J •••-•:.:L•••-• , • - . . T~iZT:TO :"..KOSTEK'----------~- - . _1!Y~l!-l. . . ~ - - STATE OF FLORIDA, ~ COUNTY l7F St. Lucie I I-IEREBY CERTIF~' that on thia day, btfore me, an ot(icer duly authorized in the State a(oresaid and in the County aforesaid to tak~ acknowledgments, p~rsonally appeared MILTON W. KOSTER, A MARRIEA 11DULT to me known to be the person descrebrd in and who executed the (oregoing in:trument and he acknowlcdgtd • before me that ~1e ~xccuted the same. WI7'NESS my hand and of(iciai sea) in thc County and State last aforesaid this lSth day of October A. D. t9 86 ~ ' ' k - , ~~~'j~~~ NOTARY PU$ . C........ .-C4}ZEfE~~OA~--~I-F~S-i------ ~ g~iARr PUBLIC SiAiE t~ fLOWIDA MY C9MqI ON EX APR t4,a9.,$9 _ _ '86 I~v ~ Q P 2:~ ~~~.t Q~a~ . Q F'u,e Amariean rtl. compaa~ ~~1?.~ i~~ ~ ".U~~; ,j . Of $t. l.uti! Countj,InG ROGER r~'1~ ~~;:~ERK 20143.E. Pw St.I.t1G0 B~Pd. ~ . S;. LUCIf C%~:~iT". Fl. . ~ .r ~ . - . 8a~ s~ Fi~~a~ . _ , 1 : : . ~ . • _ • ~ . ~ ~ ~ ~ : ~ :f+~ - ~ ,r . • T/iis lits~na~re~d prepmc~/ Gy: . ~1rlrJress g~0 cJ P~~~~ ~ 2~~