HomeMy WebLinkAbout0934 !1R[~ ~IIAII pP?~orrq~~ ~y with ~nd nbide 6y sach an~ every ttie agreamenb, ~tlpu~altona, conc~itlons anc~
coi~enanls Ihen~«lian~~~ fhii morfnasie,tl~en 11~ta mwfpage and Ihe eafate f~rreby cnratetl, iha« ceeue, de-
termine an~I ~,e nu~ and ~~oid.
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Tln~ ftie morfgapor ~~~n+tiy (urlher covenanta and agreea to pay prompily when clue tl~e prlnclpal ancl
internsl anc~ ather s~ima o~ money provicle~I for tn saic~ note and f~it~ mortgage, or eil~er; fo pay a« ana
singu~a? I~e la.r~s, assessmenfs, ~evies, ~ta~ililies, o6~i~afions, anc~ encumbronces o~ every nature on aaid pro-
perly; lo p~rmit. commil or su(jer no U~OS~P, tmpairmenl or delertoration o/ sald land or the tmprovements
t~precn at any lime: to k~pn ~hP 6uildin~s nou~ or f~~~rc~a~l~r on caid land /~~[Iy tnsured tn a sum oJ reot le~a
than NIL
in a company or compareies acc~ptaf~~e !o I~e moriQa~ec~, fl~e policy or poltcies fo E~e {~e~c~ 6y, and paya6le
lo, said morlgagee, and in fhe euent nny sum o) money becomea paya6le 6y vlrtue of sucl? insurance 1he
mortpnpPP shall F~ane the rfgtit to r~ceive anc~ apply the same lo the indebtedness hnre6y secured, accounting
to t~~ mortfla~or Jor any surpl~is; to pay a~~ cosfs, cha?ges, and expenses, inc~udtng ~awyera (ees anc~ flfGa
seQrches, ~easona~~Iy incurretl ar paid by Ilie mo?tgagee 4ecause oj fhe (ai~ure o~ the mottgapor !o prompl~y
ane~ ful~y comp~y u~ilh fl~e aflreemenls, sUpulalions, conc~iftons anc~ covenanfs o( suic~ note an~ fhis mo~tgnge,
or eiif~er; fo perform, comply witFi and abic~e 6y eac~ uncl every Ihe agreemenfs, stipujattons, conc/itioris anc~
covenants set forff~ in suicl note ancl I/?is morlgage or either. In the evenf il~e mortgagor ~ai~s [o poy w{cen .
due any tax, assessmpnf, insurance premium or other sum o~ money paynb~e by virfue o( sQi~ nofp and tlets
mortga~e, or ettlier, the morfga~ee mny pay f~e sar+~e, wtt~ou! +vaiving or uf
jecting the oplion lo ~orec~o~e
or any olhpr rigF~t J~erriincler, ancl aU se~rl~ puymenfs sball 6ear intereat ~rom dnte thereoJ ~he h~gl~e~t !aw-
~u1 ral~ t{~~n allou~ed by thp ?nu~s o/ t1~P Sbfe o~ Flori~a.
~L a?iy sum of mo+~~y I~erPiri re,(err~cl to he not pmmplly pnid wit~in ~~`R~ days nexf af ter
fhe samP hpcom~s c~ue, or i~ each a~~d et~ery the agreemenls, slipulations. conclitions anr~ covenanfs of satd
note m:d ~his mo~lgagp, or eet{~er, me no1 JuIIy per/ormed, complied with and a6~ded 6y, then ih~ eniire
sum men?ioned in said no~e, and this mortgage, or tti e enti~e 6alance unpnid thereon, shall Jorthwith or
therea)ter, at the option oj the morlnn~ee, 6ecom~ and 6e due and payable, anything in said not~~ or herein
to fhe contrary nolu~ilhslnndin~. Failur~ F~y !he mortgagee to exercise any of C~e rig~fs or options herein
provi~Ie~~ s~a~~ not consfilute a waiu~r of ~?iy ri~~ts or options ~u~c~er saic~ riolp or fhis mort~age nccrued or
thereaJler accruin~.
~n ~itness ~hereof~ tlu> snirl morlt~a~/or hns {~Prnunfo signec{ ancl s~nle~I t{iese prese~fs the
c~ay an~~ y~nr ~irst aho~~e tvrilfen.
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Si{~ned. seoled and d~Ii~~ere~ in tl~~ pr~spnc-i~ o(: . :
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.~ROPZ~AL .HOMES_._CONSTRUCT C'~. .
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STATE OF FLORIDA, ~
CoU\TY OF ST. LUCIE
I HF.RE$Y CER"fiFY that on this day, ixtore me, an
o((i~cr dul}• authorized in the Stat~ aforesaid and in Ih~ County afon•said to tak~ acknowledqmrnts, prrsonaUy appeared
~~~c~n4.~.~~ ~G~~~l
~ouc~~~ ~ V.~ PnQk~cdprnt ~f~p~c.c~ t-b ~ne~•
to mr known to }x~ th~
~rs~on (~de~ibed in ansl who ~acruted the for~¢oinq instrumen ~d he acknowledRed
befom me that ,~g cx~cuted the same.
"W{~~~~5'qny hand and official s~a! in th~• County and Statr last aforesaid this ' 01~ da~• of
~ '~UNE A. D. 19 87
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. (S~`AL ) ,
. ~ ~'C~....._.... .
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~ l ~ ~ ' - . Notary Public
My commission e~ires: •
~ a` Q~ 101MY lNllt i/A1E Of fIORJQA
; MY ~01~1StI0! E11. NY t1~1p0
~ i.~f0 fl{RY iEKtAI US. bi0 84439~ ~
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i '87 AUG 27 P 1:25
FILEL . _ :
~!lru I~ulmn?~~t~ prfp~~rrr! by: 0 R Q DOUGL A:: t~:.
;1~/Jnxs . BOOK~~~ PA~f c7~~ $T. (.U~IF : ' ~ t L.
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