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HomeMy WebLinkAbout0984 . ~ an~ aha~~ perfornt, comply with and a6tde 6y each and every the agre~menfs, altpu~ntloni, con~iliona aru~ coi~enants thereoj, and o/ thia mort9n~e, lhen Ihta r~wlgape and !he e~tate he.~by created, ~hnll ceaie, de- termtne and 6e mill and votd. ~ thR mortgaflor heraby ~urther covenanta and ugrees to pay promptly when due the princtpal and tntereat and other sutr:~ o~ money ~provided /or in iattl notF and thi~ mortgage, o~ either; to pay aII artd atngu~ar tf~e taxea, assesamenla, ~e~tea, ~iatii~fflea, o6~tgaNona, and encumbrancei o! every nalure on aaid pro- perty; to permif, commit or au(fer no wcule, impai?ment or dote~toralton o` aaid ~and or f~?e improvementa i~erecn at any ttme: to RPP~I ~lIR buildtnfla now or herea~ter on sotd 1and~ /uRy ineurec~ tn a sum oJ no! lest than MORTGAGEE'S FULL INSURABLE AMOUNT in a company or companles acceptab~e to the morlgagee. 1he pollcy or poltclea to be held by, and paya6le to, aaid morf~agee, an~ in !tie event any sum o/ money becomea payable 6y virlue b` ~uch inaurance th~ mortgagee aleall have tRe rigf~t to recetve and apply the aame to tl~e indebtedness hereby aecured, acc~ounting fo f~e mortgagor ~or any surplus; to pay n~( costa. chargea, and expenaes, inc~uding Iawye~ i jees and tttG.? senrcl?es, reasona6ly tncurred or paid 6y Ihe mortgagee 6ecauae o/ !he Juilure o/ the mortgagor to promptly and jully comply with t{~e agreements, stipu[ations, condttions nnd oouenanta oJ anid note and lhia mortgage, or etfher; io per~orm, comply witl~ and a6ide by each and every the agreementa, stipulattoru, condtttona ancl covenants aet fortk in satd note anc~ I~ia mortgage or eii~er. In i~?e event the mortgagor fails io pay when duo any tax, assesament, insurance premtum or other sum o/ mo~ey ~xiy~bl~ by utrtue oj aaid note and thts mortgage, or either, ihe mortgagec+ may pay the aame, tuithout wai~tng or af jecftng fhe optlon to ~orecloae or any othe~ right hereunder, anc[ aI[ ~uch payments ahal[ bear [n~erest jrone date thereoj a! Il~e higi~eat luw- ~uI mte then allowed by thp 1uu?s o~ t~e State o/ Florida. ~i nny sum o~ moriey hereirt re(erred to bs not promptly paid tuitl~tn -30- daya next af ter the sume becomes clue, or i~ each anc~ every the agseements, stipulations, conc~i!lons anc~ covenanta oJ satd note and this mor~gage, or either, are not /u11y perforneed, cor?~p[ted witle and a6rded 6y, then tl~e enlire sum mentioned tn satcl no~e, ond thts mortgage, or lhe entlre balance unpnid theneoa, shail Jorthwitl~ or ' tl~ereajter, at lhe option o/ the mortgaeee, 6ecome and 6e due and payable, anything in said note or herein to the conlrary notwill~slanding. Failure 6y ihe mortgagee to exerciae any of t~e rtg~its or options herein prouic~ed s{~a~~ not constihife n waiver o~ any rig~fs or options under said note or fhis mortgage arcrued or t{~ereajter accruinfl. i f t ~n ~itness ~hereof ~ ~ !he said mort~agor has F~ereunto sipne~I ancl sealecl lhese presents the t~ay anc~ year Jirst n6one writlen. Stgned. sea~ed sicl d i erecl i y1~e PlPSP/ICP o~: , ~ /~ry~ ° - ..G/•s-- ~ . ~~Korm.. ~ ne ~ --C ~ P~: A~:~; as~~Trustee---- ~ ~ , t STATE OF FLORiDA, ~ C COUNTY nF ~?Ac~e ~ I HERE$Y CERTIFY that on this day, betore me~ an officer duly authorized in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeartd ~ Norman Levine, C.P.A., as Trustee to me known to be the person de~cribed in and who executed the forrgoing instrument and hQ acknowltdged before mc that he ~xecuted the iame. ~YI7~IYESS my ha~d and of(icial ual in the County and State last aforesaid this dly o( ~3'` a October A. D. 19 ? . . . . ~SS :fi?$ ~ ~`y u " c'~Mjr'~Cvinin~~Sqtii~ti"EXpiY`~s:--..... ii~TARY PL'RL2C ST~TE OF FiQRtOA ~7 A8 ~3~ rr t~_!+xr:;.;~•: ~ rr !J! Y 17.1598 ~67 ~ 2 f ~ E?}'::C~ f+2.J G_f:~?;L {A5. GMD. ~,..t:, nls~, ' . OUG~' ' ~ . . ST.IUC:. ~ , ~ ~ BOOK 5~~ PAGE ~(7~ . , ~ ~ . 1'hu Ins~rumcn~ pnparrd by: STEWART TITLE OF ST. LUCIE COUNTY ' ~ ~d~,~ 023, 805 Virgir?ia Ave., Ft. Pierce, Florida. 34982