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HomeMy WebLinkAbout0938 and shnll perJorm, c~omply wi!{~ and ab~de by ea~~h ~anc~ ei~ery t{?e oflreements, sttpulaltons, condttions and corenanls ~liereoJ, and oJ this mortf~anP, Ihen this mortgage anc~ Ihe estnte {iereby created, shnll cease, de- lermine and l~e n~i~~ an~l t~oicl. ~n~ fhP mort~a~ar I~ern6y ~urlher covenanfs and ap?ees to pay promplJy when clue fl~e princlpal ancl inleresl an~{ olhpr sums of money prouiclecr jo~ in saicl nofe and fhts morfgage, or eilf~er; !o pay a~~ and sinnu~ar I~ie laxes, assessmrnfs, ~PUIPS, ~ia~ililiPS, o~~li~afions, QR~ PltCtll?tOIQIiC@S O~ e~ery nafure on satd pw- perly; io permil, commit or su(~er no u~asle, impairmenl or clelerioratlon o~ saic~ ~and or Ihe improvements IF~~r~en at any lim~: to RPPn ~IIP 6uilclinns r~oto or IierFa~ier on satd ~anc~ (u~ly insure~ in a sum o( nof ~e~s rh~~~ highest insurablE~ value. in n i•ompany or corrtpanies at-c~pln6le lo I~~~ mortflary~e, !{~r po~iry or po~tcies !o be held by, nnc~ payab~e !o, sair~ morf,qa~e~, an~~ in fhP e?~Pnf nny sum o( money becomes P~yable ~y uirlue o( suc{~ insurnnce f~~p mo~t~a~~e shn~~ I~an~ Ihe right lo rnc~iue anc~ apply Ihe same to llte inclebledness ~ere6y securecl, accounting fo f~~P morl~nf~or Jor any surp~us; io pay a~~ cosls, c~~arges, anc~ expenses, inc~ucling jawyer~s Jees antj tit~e sPnrch~s, reason~6~y incune~~ or paic~ ~~y !he morlgagee 6ecni~se oj tl~e ~ailure o~ fhe mortpagor to pror?~plJy ancl Ju~~y comp~y iuil{~ I~~e a~ir~~mi~i~ls, siipu~alions, con~ilions ancj cot~erianfs o~ saicl riote an~ t{~es mortgage, or eil~~er, fo per~orm. ~amply wit~~ ancl aE~icle by eac~ an~ every fiiP agreemenls, slip~~~ations, condifiona and ~ coi~~nanls se~ Jorl{~ i~i snic~ riofe anc~ this mortgage or eit~er. jn the euenl fhe mortgagor Jai~s to pay when c~ue any lax, assessmenf, insur~nce pr~mium or ol{epr sum o~ money payab~e 6y vi?lue oJ said note and Ihis mortnn~~e, or eil~ier, f~~~ mor(~ac~~P mRy pay 1{ee same, withoul ~naining or a~~ecfing Ihe option to (orec~ose or nny oth~r rinl~f her~rir~clor, on~l nll surh paymenls shall 6par intP?esl Jrom date Ihe~eoJ a! Ihe {tic~hest law- (u~ raf~ f~i~it a~~nu~c~~ ~~y 1{~r ~a~i~s oJ t~~~ Slafe oJ f'~orir~n. any sum c~~ mo+~~~v'~Pr~in ~~(rrrr~ lo f~e nol prompt~y pnid within fifteen ~aYs next n~ter tli~ snm~ berom~s du~, or i~ eacl~ ~n~1 ~i~ery Il~e a~reemenfs, slipulaliores. conditions and covenants o~ said nol~ ~ru~ I~iis nio?IqAtjP. or eill~er, nre nof )uUy perf orme~. comp~iee~ witl~ anc~ a6~ded by, t{~en l1~e entire surn me~~tione~I in said note, and ihis mortgaq~, or th e entire balance unpnid ti~ereon, s~a~~ ~ f ort~with or Ihereajter, nf t{~e option o1 Ihe mortgn~~~, f~PCOIIIP nnc~ ~e ~ue an~ paya~~e, anyt~ing in saicl note or herein to Ihe cor~frary nolu~il~~sfanc~ing. /~ai~ur~ ~~y fE~e morlgagee to exercise any o~ t~?e rig~ts or opftons herein proi~ided sha~~ nof conslilute a u~nit+E•r oj any rigfifs or opfions unc{er suid note or t~is mortgage eccrue~ or l~ierea~l~r accruinn. ~n ~itness ~hereof~ ll~c~ snir/ mertgacaor ltos her~~uito sic~necr antl sAale~ thPSe presenis Itie ~~aV nn~~ y~ar f irst aho~~~ ~orillen. Sic~nec{. spnle~/ an~ c~~fi~~~ree~ in Il~t~ prns~ncp of : . . ~ 1-~„~.~.._ . . . ~ _ _ . . L 'PJEAN LANE~p . - _ . ~ - .~i.~t'c.L......--- ANN~E - ~ " . . - . . . _ . . . _ _ . ~ , ~ STATF OF fLORlD:1, ~ C~>i~~•~-1~ c~t~ St. Lucie I HERFBY C£R7'IfY that on this day, be(ore mt, an i officer duR~ authori:ed in the Statr afnrrsaicl and in th~ County aforesaid to tak~ acknowlydqmcnts, personally appeared r. € t ~ Michael Dean Lane and Teresa Anne Lane, his wife ~ to mc knowr tu br th~• pr•rsoiS (JPS('fILP(I in and who ~~ei utFd thr (orrgo~nq instrument andWhp acknowledged ~ ~a Iw(om ~nc ~h~~theY cxccut~d !hr sam~. r'~- ~ ~~'il \ESS tn~• h.~nci and offi~ iil z~:el in thr i:m~nty and Stat~~ last afor~said this l8th .-^?d~Y~ of i ~ • r. . ~ ; ~ ..l:C• March r~. ~g 88 _ . . ~ f , . . . . . ~ . ; . . . ~ NOTARY PU~1~..._.. :y~;:.- . . - ~ I ; ' . " ~ ~5 ~ i ~ My commission expY~es : - i~. _ " ' - ~ .f ~ y-_ '8E3 ~`1hR 21 P 3:48 tc n+~ ~ rioRm~ y,. r ~ t'-R { ~.31 fi~ _ 3 . ;4 r,^' c~.-~ , i: i: ~J _ . . _ _ ~ ~ 1 _ _ . . ~ ~ T9 ~~~E 9~36 " - _ BUOK. ' . ~"d _ ~ wc~~ . . _ ~ WY f . - c. ~ . s. . I ~ - . •._c _ . . ~ . _ :y:cv:~,3~±*.Mn._. . ~ . . . . ' _ . _ ~