HomeMy WebLinkAbout0593 anrl sI~aII p~r~orm, comply witl~ and a6ide by pacl~ and e~~ery the apreements, stipulation~, conditions and
conenanfs therpo~, an~ u~ this morfgaga. t~an f~is mortgage anc~ ttie estate 1?ereby creutetl, tha~~ cease, ds-
tPrmine and be null and noid.
~nd il~P mortqagor hernby ~urlher co~Jpnanls and agrees to pny promptly u~hen due fhe principal and
intPrPSt and ol{~er sums o~ money provic~e~ ~or in saic~ note and t{~is mortgage, o~ eit~er; io pny u~~ ond
singular tl~e tnxes, nssessments, lPVies, liu6ililies, obligutions, and encumbrances o( every nnture on satd pro-
perly; to permif, ~ommil or su~~er no u~asfe, impairment or c~eterioration of saic~ ~and or !he improvements
Ihpreon al any timp: 1o RPPP I~P 6uildings nou~ or herpajter on caid Innd /ully in~urecl in a sum of no1 Iess
1{~an N/A
in a c-ompany or compantes accepta6le to t{~e mortgngee, the po~icy or po~ictea to be ~e~ by, and payable
to, said morlga,qe~, and in fhp even! any sum of money becomes payab~e by uirtue of such insurance tke
morlga~pp sha~~ hnve Itie ripht to receiue and apply tl~e aame to t??e indebtedness ~?ere6y aecwed, accounting
to the morfgaqor (or any surp~us: !o pay a~~ costs, ctiarges, ant~ expenses, inc~tu~ing ~awyer~s ~eea and ltt~e
searc{~PS. rpasona6ly inc~irre~ or pnid 6y !ke ?nortgagee tiecnuse of t~e fai~ure o~ !he morfgagor to promptlr
anc~ J~iIIy comply u~;ih rhP npreements, sfipu~ations, conditions and covennnfs o` snid nole and f~is mortguge,
or either: to perform, ~omp~y wit~ anc~ n6i~e by ea~h and every the ngreements, stipu~ntions, condilions nnd
cove~anls set Jortti in said note ant~ t~is nnortgnge or either. ~n ltie euent the mortgagor jai~s to pny w~en
due any tnx, assessment, insurance premiurti o~ otl~er sum o( money paya6le by virlue o~ snid note and this
morfgage, or eit~er, ftip morfgngee mny pay the same, wit~ouf iuaiving or a~fecting !he oplion to ~orec~ose
or any ot{~er rig~?t I~ereunder, and all sucF~ payments shal~ bear interest )rorn date tl~ereo~ n! the highest Iaw-
~ul rate f{~en nllowed by tl~e Iaws oJ the Sfate of Florida.
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! l~ any sum o( money {~erein re(erred fo 6e not promplly paid witf~in t~Y ~ays next a~ter
W the same becomes due, or if each and p~~e.y ~hp agreemenfs. slipulations, condilions and covennnts o( said
~ note ant~ tl~is rreortgage. or eitF~er, are not ~u~ly per~ormed, complied wit{~ •and a6icled by. !{~en the entire
sum mentioned tn aaid note, nnd this mortgage, or the entire balance unpnid theroon, sl~all jorthwilh or
j theren~ter, at t{~e option oJ tl~e mortgagee, become and be due and payable, anytl~ing in said note or 1?erein
~ to ihe confrary notwittislnnding. Fai~ure hy the mortgagee !o exercise nny o~ !he rightt or optiont {~erain
r provi~Ied s{~a~~ not conslihite a u~aiver of any riA~fs or oplions unc~er said note or f~ia n+ortgagp nccrued or
~ l~ereojter accruing.
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~ F
i ~n ~~lll~ ~IK`L~`~ ttie said morfgagor has I~ereunlo si,qnec~ anc~ sea~ed these presenls Ihe
~ day an~ ypar ~irsf ahone u~riften.
!
~ Signed. sPaled nnd c~ Ii~~ered in t presence of :
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/{r ° s R. Fbwler, r. ~
' ~..~7C-~t4 i.,~~
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~ 1020 5
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~ '90 JAN 22 P ~ ~1 ~ ~
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)~tl)~,` ` ~ ~-'h ,
~ ~ ~ ~ '
~ STATE OF FLORIDA, ~
~ COUNTY OF ST. LLJCIE
I HEREBY CERTIFY that on this dar~ betorc me, an
of(icer duly authorized in the State a[orcsaid and in the County aforesaid to tak~ acknowkd~ments, personalfy appeared
JANfES R. FUWLER, JR.
to me known to b~ the prnon deuribed in and who ezecuted tht [or~ptoin~ inatrument and ~ acknowkdRed
before me that 1~1e ~zecuted the ame. .
WITNESS my hand and official seal in the County and Sute last a(orrsaid ehis d~.of
JdI111dZy A. D. 19 90. .~,j~
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NC1I'A~ZY~~~L~~. ~teEe o~~:~`~iri~a~~ qe. :
' My carmission expires: ~~"/''t•',~ q~~ -j~ .
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so4K 674 P~E 5~3
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