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HomeMy WebLinkAbout2825 . . . and sha~l pNr/orm, comply with and abide by pnch and e~~ery t1~p agreements, atipu~ntions, conditions and coi+enants thereo(, and oJ I{~is mortgngP, ff~en tl~is morlgoge nnd the e~taie he.~e6r created, s~a~~ cease, de- tP?mine and 6e null an~{ ~~oid. ~n~ ttiP mortgn~or tiemtiy (urlher covennnls and agrees fo pny prompt~y wtien due !~e principa~ and intprPSt an~ pl~k'~ sums oJ money provided Jor in said note and ~his mortgnge, or either: to pny nl~ a~d sinc~ulnr t{~e fa.rPS. ossessmanfs, frvies. lia6ilities, o6li9ntions. nnd encum6rnnce~ of PUery nalure on aaid pro- pPriy: to pe?mil, commit or sujjer no woste, impairment or t~eteriorufion of snid ~and o~ !he intprouementt thereon ai nny timp: to ~repp t~?e buildings nou~ or herPn(f~r on .o~d land /u~~y insured in a sum of no! ~ess i thon ~1 insurable value in a company or companies acrepfab~e fo !~e mortgogee, fke po~ic~r or pojicies to 6e f,eld 6y, ~d ~ya6l~ to, said mo?tgagep, anc~ in ftie event any sum o~ rnoney decomet paya6[e 6y virtue o~ such inaumnce t~e morlgngep sholl F~nna t{~P rtgl~t to racPivp nnd npply tl~e same to tke inde6tedne:, he~6y :~~d. acrounting to f{~e mortgaqor ~or any su~plus: fo pay a~~ coats, c{~argea, and expenses, inc~uding ~nu~yera ~eet ane~ lit~e searcl~PS. rvasonnbly incurre~ or paid by !{~e mortgagee because of t~e fai~ure o~ fhe rr?ortgagor !o prompt~r an~ ~ully comp~y u~ifh ff~P apreements, sfipu~ations, conditions and covenants o/ said nole nnd this mortgage, or vifh~r: to perform, ~omply witl~ and a6ide 6y eacl? and every Ihe agreements, stipu~ntiona, condiftont and coi~enants spt /or!{~ in said note and tl?is mortgage or either. /n 1he event the mortgagor ~ails to pay wlten due any tax, assessmenf. insurance premiua~ or otl~er sum o~ money poya6le by virlue of said nate and tltis mortgage, or pit~er, f{~e morfgagee may pay f~?e same, wtfhoul waiving or a~~ecting tke optton !o jorec~ose or any otker riq{~t 1~erPUnder, anc~ a~l such payments s~u~~ bear intPresf ~rom date tl~ereo~ at tke I~igl~est law- ~ul rate fhen allowec~ hy tF~e laws o~ Ihe State o/ Floridn. any sum oJ money I~erein re~erre~ lo he not prompt~y pnid wit{~in 1S ~ayt next a~ter the snme bPCOmes due, or i~ eac{~ and enery fl~e ngreements. siipulations, conditions and covennnls o~ said note and this mo?tgage, or eitker, are not ~ul~q performed. complied tuith ~nnd abided by. !hen t1~e entire sum menlionec~ in aaid note, und this morlgage, or ll~e entire f~alance unpaid tke~ron, shn~l fortl~with or lherenfter, nt f~e option o~ t~e morlgag~e, become nnd be due nnd payab~e, anything in satd note or hsr¢in fo the confrary nofwit{~standing. Fai~ure by t~e morfgagee to exercise ony of fhe rights or opttons RPKlR proi~icled s~a~~ not constifule u u~ainer oj any riA{~ts or options under said note w f~?is nsortgage accrued or l~erea~ler accruing. ~n ~~LII~ ~~Di~ fhe said mortqngor hns hPreunto signecl und sealed lhete presenls the ~av an~ ypar ~irst ahore u~riHen. Signed, sen~ed a?id c~elirerPd in the presence of : ` ' ~ ~ ~ ~ : . - . - . . - ~ _~7~/.~h- Q~.f ~CY ~'e....~~'--... . . ~ ( ~ ~ . 9 . . . ~ 102153? ~ . . . . . . . . ~ 'S~0 JAN Z5 P 3 ~33 ~ 6~ ~ FILE aN:: KE Cu;z.'. ~ STATE OF FLORIDA, ) I~OUG~~' ~IXON ~ S1. LUC?~ c~JNj~r, j ~ COUNTY OF ~ ~ St. Lueie I HEREBY CERTIFY that on thi~ day, before me, an ~ ot[icer duly authorizcd in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowkd~ments, peranallr appeared ~ Jim R. Lee and Clara M. Lee, his wife to me• known to br th~ pe~rsort,3 deuribed in and who executed the (oreRoin}~ instrument and they s~k"°"'kd~ed bc(orc me that ~he ezecuted the ume. ~ WITNESS my hand and o(ficial ual in the County and Sutr la~t aforesaid this ~Ll~~ r•51~IY a.~lNr F January A. D. 19 gO `'"G pR 0:,~ € ' r,~' . . . ~ Q~~,,,, ~ ~ . . J _ _ . . ~ 1 it'., ~ v: t: ~ N O I Ait 1' PIBiIC ST~TE br FLQ~I~, °~j ~ ~ B ~ NY f,G~!!ISSi~N EXP JUME i4,i9~~ ~ ~ ~ Bor;,ED '!!R~ G~ NER~L i~rS. u'+~: , ,4.. Oc ;C. €C . ~ 1's? B ~'~Itjlil..... . F i ~ eoo~674 Pa~E~$25 ~ - _ . _ , _a : y - t_~..m - - - ~ i~ -