HomeMy WebLinkAbout1501 i
wu~ sha~~ pc~rfc~rm, ~~omply u~itEi unc{ a6ide ~y e~ac~ unc{ e~~ery the agreeme?tts, stipu~ations, c•o?u~itions and '
coner?ants ther~o~, and o( this mortgage~, t{~en t~iis mortc~age anc~ the estale her~+~sy ~,~+~rYd, ~ha1l C8(1SH. ~P j
termine anc~ ~e null ant~ i•oic{~. ~
l~iLfi I~P murtgngur f~arn~y Jurt~er c-ovenants and a~rees to puy prompl~y u~~en c~ue the principa~ and
interest Af1<1 otfier sums of mon~y providec~ (or in sai~ note anc~ this mortgoge, or eifher: to pay a~~ and I
sinc~u~ar tF~Y tn.res, nssessments, l~~t~ies, liabilities, obli~ations, and encumbrances of every ?tature on snid pro- ~
I pPrty: to F:;rmif. c•ummft or s~~~fer no u~aslp, impairment or c{eteriorotion o~ ~qic~ ~and or the improvements ~
therc~vri at any timP: to I~eep !he buildings nou> or hereaf ter on said lnnd (ully insured in n sum of not less
than SI~ THOUSAND dc 00~100 DOLIARS
in n i•ompnny or c•ompanies uccepta~,~e to t~ie mortgagee, the po~icy or po~iries lu 6e helr! 6y, and payable
to, saic~ mortgaqee, un~ in the euent any sum o~ money hecomes pnyable by virtue of suc{~ insurance t~ee
mortt~ngpP S~AU RC1t'P the right to receive and apply the same to t{?e inde6tedness {~ereby secured, accounttng
to the mortga~or jor nny surp~us; to pay a:~ casts, charges, nnc~ expenses, incl~u~ing lawyer~s fees anc~ tilje
searrhps, reasuna6ly in~-~irre~ or paic~ by the mortgagee becuuse o~ fhe failure of the mortgagor to pmm~t~y
ant( ful~y i-omp~y wif{i fhe agreement~, slipulations, canc~itinns anc~ coc+enants ~f said note an~ t{?is mortgage. ~
or either; to pPS(orm, comply t•~ilh ancl abitle by ea: h anc~ every the agreements. stipu~ations, conditi~ns und ~
coi~ennnis set (ortji in suic~ note arec~ this mortgage or eit{?er. ~n t{?e event !{?e mortgagor (aijs to pay when
c~ue any ta.r, assessme~nt, insurance premium or ot~?er sum o( money paya6Ge by uirtue oj said note anc~ t~is
mortgage. or either, the mortyagee may pay the same, without waiving or af
fectin{~ the option to )oreclo9e
or any ot~er right hpreunc{er, anc~ a~~ such payments sha~l bear interest ~rom tlate t{~ereo( at the highest Iaw- ~
' ~ul r~te t{iNn alloioe:l by thP laws of the Stute o( Florirla.
~
i ~l any sum o~ money herein re{~errecl to tie not prompt~y pai~ wit~in thirty c[ays next njter
~ !he snme heconu~s ~ue, or iE each aric~ pi•ery the agreements, stipu~ations, con~itions and couenantc o~ saic{ ~
note and this mort,yage, or either. are not Jully perforneed, complied u~ith and abtded 6y, then t~e entire
sum mentioned in saicl note, and this mortgage, or the entire balance unpaid ~/iQPPOIt, sha[I forthwit{x or
thereajter, at thc> option o~ ihe mortgagee, become an~ be c~ue and payuble, anyt~iing in aaic~ note or herein
~ to t~e cantrary notwithstanc~ing. Failur~ 6y t~e mortf~agee to exercise any oE the rig~tts or optioru hereirt (
proric~et~ s~a~~ ?iot ronsfittete a ii~aii~pr of arty rights or options unc~er sair~ note or this rrtortgage accrued or I
( t~er~a~ter accruinq. I
~ ~ I I
n~ n~ss ~hereof~ ~f1E' S(ilc~ mortgnqot f1RS ~IP~PLlil~O si,qnetl an~ SPA~P~ ~~BS6 presenls th@
~i ~ay anc~ yenr ~irst a~Ui~e u~rilten. ~
I
~
ji Sic~ne . sealed anc~ clPj![~PPP~ ir: the presenc-p o~: `
. ,
. -
, ~
~ - - ~-.~~i.I']-~... . . 1 _..:'?~?~-;!~'a-.-- . . (
~ ~
~ _ . ~ h--~ ' f ~ I
~ . _ _ _ _ _ _ _ - ~ ?L~c~: ~c~ ~ ~
I . . - - - -
~ '
_ ~ ~ i
_ . . . . . _ _ _ _ _ . . . '
'
I; i
~ ;
I; '
S1".4TE UF FLC)RIDA, ~
coLti~~~~ c~F ST. LUCIE i
I I HF,REBY CERTIFY that on this day, before me, an
~ ~
~ oft'icer dulr authorized in thc State aforesaid and in the Countp aforesaid to takr ackrtowledqments, petsonally apprartd ~
~ JOSEPH M. JE~NINGS, JR, ~nd ANN JII~iNZNGS, kis ~rife
tn mt• knr~wn to h~ thc ~CrsonS described in and who eaccuted the ioreaoinq instrument and th@~" acknowkdqed I
I; ;
t~efer~, me that ~1e9 exeruted the same. ~
I
' N'I"T\FSS my~ har,cl ar.d official seal iri thc Coimt~ and Statr last aforesaid this 4.th day of '
~ ~ !
May r~. t s 55 I
'
.
~
. . . `V
, , '
, ~ _ '
' , ' . ' `
r : . . _ ' _
` ' 41~ ~ • J~ 1
; ~ .iK` ~Ii~E~ Ai~D RECORDcD F ~ ~ ' , ;
. o n, ,.s ~
. ~ ~ : ~ _ _ P.~ d 0 K sor,de.~ t~y r,r,,.,. .,a , . ti. Y~,, i
, ` ~~'"'i!.C„f : , '~',~.;~i;1K~~,~//
; ~ _ ~ . '65 ,I I I~P~d 3 : 2 g ~ o`~j~~ •
j a . ; t f ; C L' f Q~ r,-
3€"t~•.~~ _ ~ • .u=
Rc~GLci r~iii;~~.:;L.FRK ;4~'~ . !
" LIJ~I~ GE3UFdTY. _ = '
~~~~RIDA ~ ~l~' - ~
~ • ~ ,
i~~ +,1,~,/~..~~~ i ~ j
~
~~~K1~0 ~99 ~
~ II . . !