HomeMy WebLinkAbout0926 nnd ahall pe~~orm, comply wlih and a6tde 6y each and every the ogrsen~nls. itlpulaltoni, conaifiona and
c~ot~enanta thereo/, and o/ this mortgape, then thu mortgage and Ike eetate hen6y croated. •kalt cease, dQ-
termtne und be null and aotd.
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~ f~A mortgaflor ~eruby (urthe~ c~ovenants and a9reei !o pay promptly when dw th~ pHncipal and
interesl and othe~ auma o~ money proditlecl. ~or in soid no1~ or~d thi~ mortgage, or oi!?~ert to pay all a~d
aingu~ar I~e taxes, asseasmenta, ~evlea, Ilafitllttes. o6~lAatlonr, and encumbrancei o/ every naiure on ~raid pro-
perty; !o permil, commif or sul~et no wwte. tmpairmen! o~ clelettot+ation o` aaid ~and or ihe improvements
Ikereon a! any time; to kpep the 6ut[dinfls now or hereajter on said land jully lruw+ed t~ a sum oJ not less
than h3g~e8t insurable V81Ue.
in a company o~ compa~ies acceplab~e io Il~e mortgagee, !tie poUcy or po~tciea to be i~~ld 6y, and papabls
to, aatd mortpagee, and in the even! any sum o/ money 6ecome~ Paya6le by vtrlue b( ~uch tnaurance il?t
mortga9ee ahall have ihe ri9ht to receive and apply tha aame to ths i~de6tednesi hers6y securod, accour~ting
to the mor~ga~or jor any surp~us: lo pay all costi, charge~, and expensea. inc~uc~ing Iumyer'a feea and fil~e
=enrches, recuona6ly incu?red or paid 6y the mortgagee 6ecauae o~ the ~ai~ure o{ f~e mortgagor to promptly
and jully comply wtlh Ihe agreements, stipu~atlons, condttlons and c~ovenanf:~o~ aaid note and i{~ta m~rtgage.
o~ eifhe~; to pe~o?m, rnmply wtth and abide by sach and every the agresmenb, ttlpujutioru, condlttoru and
covenant~ set (orfh tn saicl note and this mo?tgage or etf~er. In !~e event the morfgagor ~ai~a to pay w~?en
due any tax, dsaessment, inaurance p?emtum or olher aum oj ~money ~yob~ 6y vtrtue o~ satd note nnd fhia
~ mortgage, or either. f~e mortgagee may pny I~e same, wtt~out u?at~ing or a~~ecling the option to ~orec~ois
or any of6er rlght /~ereunder, and oll auch payments ahall bear interest jrom date thereoj at the highe:! law-
~ul rate fhen allowec[ by fhe laws o/ the ~State o~ Florida.
~l any sum o( money ~eretn re%n~ed to be not promptly paid witl?in ~1~1 days next a~ter -
fhe snme becomes due, or if eac~ anc~ every~ !he agreemenlt. attpujattons. condttions nnd eouenanta of satc~
note and this mortgage, or etther, are no! /ully perjormed, comp~ted with and a6ided by, then tlte enttr~e
sum mentioned in satd note, and thia mortgage, or the entt?e balaace tu~pnid tl~e~+eon, ahall jathwilh or
therea(ter, at the opfton oJ tRe mortgagee, 6ecome and be due and pnyable, anythfng in said nate or heroin
• to fhe rnnfra{.y nolwittisf.anc~ing: Failure by t?te morlgagee to axercise anq of the rtght~ o~ opttont her~ein
~ provided al~all~not consfilufe a waiuer of any rig~fs or opliona unde~ satd note or this mortgage+acc?uee~ or
tf~e?~eaf
ter accruing. ~
Dn ~`Lll~s W~~~l~ f~e satd mortgagor has hereunto stgned and sealed iheae pte:ent~ t~e
- day a~d yea~ ~in! atiove wriNen.
$igned, sea~e~ anc~ clelinerec~ in Ihe pr~ ence of :
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STATE OF M&SSA~C11182tt8 ~
COUNTY OF. A
N~~~~~ I HER6BY CERTIFY that on thii day. before a?e. an
- officer duly authorized in the State aforeiaid and in the County aforesaid to take acknowledgmenta, penonally appeared
j BRUG~ E. BF.AI~ AI~ID (~JL~ A. BF~E, his wife ,
to me known to be tAc persan g dexcribed in and who ezecuted the (oregoing irutrument and ~'~p acknowkdged
betorc me that ~y~executed the same. ' .~r~~
~KI7'iVESS my hand and of(icial xal in the County and State last aforesaid this " ~6 /°r daY ~
j1j(yp~ i A. D. 19 87
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P ~1_ {O • S_~~1.~f1/ .
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f ~ ~ BOOK ~U~ PACf e~~,V :t`~,.~ - ,..••..r,, ~~.~'y
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Jay+ce A. McD~tt ' ~ c
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PREPARED BY ~ ~'.s:.,; ; s~ ,
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CHELSEA TTTLE COMPANI( , ,,y ~
1295 S.E. PT. ST. tUCIE BlVO.. PT. 5T. LUCIE~ FL "WHI~ '
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I7ru bu~a~mrnt~?rp~ared by: ~NS1'RUME(~T WAS PREPARED iNCtOENTIAI TO THE ~J`~'"'"`"~~~
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WRRING OF A TITLE INSURANCE POLICY." ~
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