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HomeMy WebLinkAbout0961 . ond ~hnll perjor~n, comp~y witi~ and abtde 6y each and et~ary t~~ agnemtnti. ~Npu~ntlant. condlHo?u and cai~enanls thereo~, and o/ Iht~ mortgape, then tl~la mortgage and the estate hen6y croated, ihal! caars, d~- termtne and be nu1~ and cro1d. ~ Ihp mortgopor 1?en:by ~urther crovenants and agree~ to pay promptly wl~an due tha princtpal ond intere~t and ot~?er sunu oj mortey provided /or tn ~aid note and t~is mo?tgage, or elther; t~ pay al! and atngular !~e laxea, assessme~fs, levies, ~tabi~tties, o6ligalions, nnd encum6ronce~ oJ euery nalure on iaic~ pro- perly; to permit. commtl o~ su11er no wwfe, impatrmenl or dete?toration o! aatd (and or f~e improvemenb Il~Prrcn at any fFme: to kPpp ~he 6utldtn9~ now o~ hereaJter on ~eatd [and (uliy intured tn a sum o/ not Ies~ tl?an in a company or companies acceplab~e to i~e mortgagee, !~e policy o~ polictes to be l~e[d by, and poycble to, aatd rnortgagee, anc~ in tl~e event any sum o~ money becornea payabte by vlrtue o! such insurance !hs moNgagee aI~uII have the rtg{~t to receiue and upply fhe same ta !he tndebledneJS here6y aecured. acoounting to ti~e mortga~ior jor any aurp~us: to pay aj~ c~oats, c~argea, and expenaea, inc~ucling ~awyer i f ees and ttl~e searc~e~, reasonnbly incurred or patd by the rreortgagee 6ecause of i~e fai~ure o~ t~e mortgagor lo prompi~y anc~ (u[ly ~oMply with fhe agreernenfs, sftpujntions, conditions and couenanfa o~ said note and fhi~ mortgaga, or eifher; to pe~~orm, comply witl~ and abide 6y each and every the agreementi, afipu~attont. conclllions and covenanta sel ~orlh in satd note and thts mortgage or eilher. /n !he event the mortgagor jai~s to pny w~en due any lax, assessment, insurance premium or of~er sum o~ rreoney paya6le 6y virtue o( saic~ note and iht~ mortgage, o~ eitf~er, l1~e mortgagee may pay the same, without waiving or nf~ecting the opt[on to ~or+eclose or any otl~er right hereunder, and all such paymenta shall bear interest ~rom date ihereoj at fhe Tefgheit Iaw- (ul rate tF~en allowed by the Iaws oJ lF~e State o( Florida. ~ any sum o~ money lierein re(erred !0 6e not promptly paid witi~in ~IR~ day3 next ajter the same becomes crue, or i( each and every t~e agreements, stipu~attons, condiltons anc~ couenants o~ seld s = note and this mortgage, or either, are not jully per~ormed, complted wtt?~ and ab~d~d by, then tl~e entire sum mentioned in said note, and this morlgage, or th e eniire bnlanc~e anpatd thereon, shall /orthwtth or Il~erea(te~, at t1~a option oj fl~e rnortgagee, become and be due ared payable, onything tn aatd note or I~eretn ~ to i~ie contrary nofwif~stnnding. Failure by t~e morlgagee to exenci:e any oj fhe rtghts or optiont herein provic~ed shal~ nof consfif~de n waiver of any rig~ts or oplions under saic~ nofe or fhis mortgage accrue~ or s. f~erea~ler accruing. ~ E ~n ~~tness ~hereof~ the s4id mor?gagor has F?ereunto signed and sealed these presents the ~ clay an~ year ~irst a~iot~e u~ritlen. } ~ Stgnecl, sea~ec~ nnd deli~~ered in the presence oJ: . E . . . . . . ` witn ss) K n h P. Pru ~r. - - - - - - (w tness) Ail n M. Prui t ; ' ~ ~ ~ STATE OF FLORIDA, • ~ COUNTY nF ST. LUCIE ~ I HERE$Y CERTIFY that on this day, be(ore me, an r: ~ officer duly authorited 'en the Stat~ aforesaid and in the County a[oresaid to tak~ acknowlydqments, personally appeared KENNETH P. PRUITT, SR. and AILEEIV M. PRUITT, his wife to me known to br the person g described in and who exccuted th~ torcgoinq instrument and wnp acknowledged ~ ~ f` ixforc me that they executed the same. z 1'1'NES my hand and o(ficial xal in thc County and Statc last aforesaid this day of . D. 19 87. • ^ . . , _ ~ . _ _3 P2 ~37 ~ • s - ~4~~a~.~ ta'ry ~ u~~ c, ate ~o ~ F orida at arge ~ Qal).' . ~ f , , , ~t s'; ` ,::L . , ~ Commission Expiration Date: . . No~+~f ' ~ ' ~ µ~rch 3. Ti~is InstitijmenL': Pirepared By: ~Y Cortwn~s~~ ~~y rs. ~ i~ 1~ , TRL~ASllt'iE'~CUAST:'i~BSTRACT ~ TITLE INSllRANCE CO. ~ " • `-'Z,40Q S~-i~l,idp~rt Road, Suite 310 ; ~ ~~~or.t 6Y. ~LuCie, Flprida 34952 ~ ~Ly:~in~'fom~,inson-Title Agent 4 (305~; ..335-08S7 ~ ~ . : I ~ ~ ~ 0 R - = 6001t ~IW P~t~E ~ ~ ~ a'~"'.'~~'" - y- . ' ~ . •-'o -awy-o:satar.. . a.~.~.s..,--o....~-~._._._...._-.t~ - - - -