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HomeMy WebLinkAbout0949 _ _ ~ :~.s. . . ~ - . _ . _ _ W_._..,. anc~ aFtal~ per(orm, cont,ply u~il~ an~ nf~t~e by ench and every f~e agreer~eents, attpu~atlon's, condittons and eo~~enants thereoJ, and o~ t?~is mortflape, then this mortgagp and t{~e estate ha~6y created, al~all cecue, de- tern~tne a~i~J I~e nu« an~ uoicr. , 11n~ Ihe morfga~or heruby (urthe~ covenants ancl agreea fo pay promplly wl~en c~ue t~e prtncipa! anc~ tnlerest an~ otfier stems o( money provic~ec~ ~or tn aatc~ nofe nnd !~?ts mortgage, or either; fo pay n~~ and sin~u~ar t{~e I(iCPS, nssessments, ~eufes, Iiabilities, ob~igafions, anc~ encumbrances o( every nature on said pro- periy; 1o permil, commif or sciJ(er r~o ~i~aste, impairment or deterioratton of satd land or the Impmuement~ lherec~ at any time; to ~PP~ I~IP F~uIl~in~s now or ~erea(ter on said land /ul~y tnaure~ in a sum of not ~est ~hQn NIL in a compnny or compa?~ies accepfabje to t~e morfguQee, 1{~e po~icy o~ po~icies !o ~e 1?etd by, anc~ pnyable t to, sai~[ mortgac~ee, arid in the event arsy siu?~ of money 6ecomes Payab~e by virhie of such irtsurance t1~e mortgagee s~a~I ~ave the right fo receive and apply !F?e same to the indebtedness tiereby secured, accounting to the ntortQa~or Jor any s~erplus; !o pay n~~ costs, c~arges, ond expensPS, irecluding lawyer's ~eea and ttt~e searches, reasonably inr~irred or paicl by the mortgagee because o~ the ~Qi~ure o~ !he morlgagor to prompl~y anc~ jully romply u~il~ fhe apreements, sllpu~aftons, conc~iltons and eovenants oj said note and tht~ mortgage. or eit~er; !o per(orm, comply with and abide by each anc~ every the agresments, atipu~ations, condiltona and covenants set ~orth in said note ana this mortgage or eitf~er. ~n Ihe event the mortgagor ~at~.i to pay when clue any tax, assessment, insurance. premium or otf~er sum o~ money payable by virtue of said note and t~is mortgage, or eiltier, t{~e mortgagee may pay t~e same, without waiuiRg or ef~ecttng !~e option to ~orecloae or a~ey olher rlght f~ereunc~er, nncl a~I such payments s1~a[1 bear interest ,{rom date tl~ereo~ at the highest Iaw- ~uI rate Ihen a~Ioiued 6y Il~e Iau~s o~ thc• Stafe o~ Florida. ~t miy sum oj money he~ein re(erred to be not promptly paid witF~in thirty day~ next a/ter t{ee sar?~e bp~omes due, or i~ eacf~ and every Ihe agreements, stipulalions, conditions and covenants oJ satd note and tF~is mortAar~e, or eiti~er, are not /ully per(ormed, complied witf? and abided 6y, then the enlfre aum mentioned in suid note, and this mortgage, or tl~e entire 6alance unpuid lhereon, shal~ forthweth or f~iereafter, at the option o( the mo:lgagee. 6ecome nnd be due and payable, anything fn said note or herein to the contrary notu~it{+stnncling. Failure by ~he mortgagee to exerciae any of t{ee rig{~ts or options ~e~ein provic~~d shal~ not constitute a waiver o( any rights or options under said nofe or lf~is morfgage accruec{ or lherea~trr accruinq. ~n ~itness ~h~reof ' ~ ti~e said mortgaAor hns {eerpunto si~ned and sealed these presents the ~ny anr{ year Jirst abone u~riften. SIgt1P~, PQIP~ Qft~ ~PItf~PrP~ IR ~~tp PrpSP?1CP O'; . PORT ST. LUC DEVELOPM$NT~C~RPORATION n~,.- . - BY . ~ . . . - . - - ~ - - . . - . - • L~~ _ - ~ - ' _ ----~~t~1%(.E~tp..,~ ~ ~ _ ...1...C?~~--_ - - ~ - - - ~ . . . . . ~ ~ - - . . . . ~ - - - ~ ~ STATE OF FLORIDA, ~ COL'NTY OF . ~T. J_u c . I~iEREBY CERTIFY that on this day, be(ore me, an offieer dulc authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonalty appeared ELYA KIEVSKY, PRESI-OENT OF PORT ST. LUCIE DEVEl,OPMENT CORPORATION to me known to be the pcrson described in and who execut~d the forrqoinq instrument and h e acknowtedgtd bcforc me that he cxecuted the same. WI7'IVESS my hand and official seal in thc County and Stat~~ last aforrsaid this ~~c 7y! day of December A. D. 19 86. ~ , , _ , - - i ~ . , ~ ~ (~seal) ~:~......{.~."Z-~=~~.----.. , • ` TARY PUBLIC $ : - . : - --My Commission Expires: ~ . ` ~ ~7g9~1 S ~ - I~OiARY PllIILIL STRTE 4F Ft~Ri?A ~ - ~ ~ ~ 'Q~ MY ~OKMISSICM Ex~. MAK, ),193P, . ' ~ ~ &OMDEO THRU GEKER4L Ik~. Uk~J. - FIl.EO a! ' ~ . ; F • - _ " ~ ST. IUCi?~ C:'.'~ ~ , ~ PREPARED BY .Q.t-~' ~ ~.{ri cF~ TtTtE COtdPANY t 7E:t2 e, t).S, i r~v^2T ~F. LUCIE, FLORIDA "`WH1Ci! ~ 7'l~is h~snr~~~~~,rr prfpr~ncl hy: ~p~~'7RU?AENT L~~AS PREPARE~ I~CIOEttiIAL TO TFfE ~ ;l clilrixc 1,~i~ i~P, ; Sf A';I'LE I'„~(~fiANCE POLICY." OR ~ ~ BK0526 PA~'09~a4 ~