HomeMy WebLinkAbout1154 and shajl per(orm, camply with and nbide 6y ench nnd ei~ery tl~e agreements, atlpulafioni, condttions and
conenants tl~ereo/, and o( this mo?tgaue, then t?~ia mortgage und ff~e eatate hereby createt~, s1~al~ cecue, de-
termine and be nu11 anc~ voi~l.
IZ~ f~P murtga~or her~~6y (urther couenants and agrees to pay prompt~y w{~en due the prtncipal nnd
interes! und other suma oJ money provic~ec~ for in said note and fhia mortgage, o~ either: to pay alI and
atngular the taxPS, nssessmenta, levies, lia6ilities, obligations, and encumbrancea of euery nalure on said pro-
perty; fo permit, commif o~ su(~er no wasle, impnirr!ient or c{eferioration o~ anie~ bnd or t{~e improvements
the?rcn a! any lime; !o keep the 6uildings now or tieren~ter on ~a~d taRd /u~ly tnsurec~ in a sum of not lets
thun fu31 insurable value
in a company or companies nccepfable fo t{~e mortgagee, fhe po~icy o~ po~ic~es fo ~e ~e~t~ by, and paya6le
!o, sai~ mortgagee, an~ in fhp event any sum of money becomes Paya6[~ 6y virtue of such insurance the
mortgn~ee shall hane Ihe ri9ht to receive and apply t{~e same to tl?e inde6tedness here6y serured, accounttng
to f~e mortqar~or ~or any sttrp(us; !o pay a~~ cosls, c~arges, anc~ expenses, inc~uding ~a~uyer~s ~ees ant~ ttt~e
searches, reasona6ly incurrpd or ~aic~ 6y tF~e mo~tga~ee because of t{~e (ailure o/ the mortgagor to promptlr
and Jul~y comp~y wilh i~e agreemenfs, sfipulations, conc~itions and covenanfs o( aaic~ note nncr Ihis mortguge,
or either; to per/orm. comply with and a6ic~e by each and every tf~e ngreements, stipulatio?u, conditions and
covenants set ~orf~ in said note nncj this mortgage or eifher. /n !he event the mortgagor fniu to pay w~en
due any fox, assessmPnf, insurance premium or ofher sum of money pnyable by virtue o~ saic~ nofe ancl t~is
morfgage, o~ eifher, fhe mortgagee may puy f~e same, wif~out tuaiving or af~ecling fhe oplion to ~o~ec~oae
or any other right f~er~under, and al~ suc% payments shall 6ear intereat (rom clate thereo~ nt the highest ~aw-
~u~ rnte then allou~ed 6y t{~e lnu~s o~ t1~e State of Florida.
D~ any sum oJ mon~ry herein re(erred to be not promptly paid u+ithin 30 daya next njfe~
t{~e same 6P~omPS c{ue, or if eacli and every Ihe agreements, stipulations, co?ulitions and covenants of said
note and thrs morfga~~e, or ei~l~er, are not /ully perJormed, complied with and abided 6y, then the entire
" sum mentioned in said note, and this mortgage, or tl~e entire ba~ance unpaid !{?ereon, sf~al~ )orthwitl~ or
therea/ter, nt fh~ option o~ the morlqagee, 6ecome and 6e due and paqable, nnything in snid note ar her+ein
to ftie contrary notu~ilhstanding. Failure 6y ~he mortgngee to exercue any o~ !he rig~ts or opfioru herein
proviclecl shall not constifute a u~aiiler oJ any rights or options unc~er saic~ note or t~is mortgage accrued or
i t~erea(fPr nccruing.
I
s
~n ~~~~5 ~hereof~ fhe sait~ mortgngor {~~s ~ereunto signe~ ant~ sea~et~ fhese preaer~ta t~te
day a?~~ year ~irst n~ot+e u~ritten.
~ $ign , alPCl and delirere in the nce o~:
,
s - ` . .
. '
- -
• , B RT B. H J
;
f ' ' ' ' - ' a ' - " 1
~ I OND R. HORNE
~
~ - - ~ - - - ~ ~ - - - - -
; ,
.
k - - . . . - - -
~
' ~ '90 ,1~N 30 At0 ~~~K
1022221
~ FiL' i: ~~ry"~ ~f_i_..~-.
~ S'I'ATE OF FLORIDA, ~ ~~U~'-r ~ `
~ COU\TY OF ST. LUCIE S~I. I.i}:_ = C~~.~'_!4 i*
ti I HEREBY C£RTIFY that on this day, before me, an
f officer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ ac{cnowledgmenu, ptrsonally appearcd
E HERBERT B. HORNE, JR. and DIAMON~ R. HORNE
~
~ to me known to hr the pcrsonS d~scribed in and who ezecuted the for~goinq instrument and they acknowledged
k be(ore me that they ~aecuted tne same.
~ ~~'I7'tiESS my har,d and official seal in thr Cour.ty and Stat~ last afor~said this da}r o(
t
r A. D. 19 9V
~ ~L„ ~ J~,
~ i
-
~ ~ :
. . .
NOT Y PU BLI C, S#~tte : sf Flortd~_ , ~
at Large . -
My commission ~xpires: ~ • •
r- • " ~
' ' Ip'TiiRY N/LfC STATE ~ FLQt~ ~
E ~ ~ ~ION El~. ~CT.2~.194?
? ~ T?iiU ~Al iMS. UND
S
~
f
~
7%i~s I~u~n~m~ut prfpnrf~I by: FRANK J. LYNCH, JR. , ESQ.
,~~~~~r~_~ GILBERT, McCAIN, LYNCH & ORR, P.A,
~ R 675 1154 7410 South ~.5. Hwy. Su~~e Zoo
, ; f 00GK P~,,,E Port St. Lucie, Florida 349~~
~
~ - ..~"-~";~a~,~'
a
" °