HomeMy WebLinkAbout1296 ond shnU perJo?n~. comply wteh ond abtd• 6r ~h a?~d ewry tl~~ a~nemenb. itipulsltons, oo~?+ditions and
c~or,Mnnb th~e% and o/ tlela mo.tgagv, tl~en thrr moNga9~ and tl~e sstnte I~ere6y cnated, shuU ceas~, d~-
terrn~n~ and 6~ nuU and c~oid.
. ~ tlu ~nort~apor herobr /urtl~er c~owr~anb a~d oprtra to poy pmmptly wl~sn d~a tk~ prinNpal and
Intenest and ah.r ~wns of neor~ep pr~oni~ ~or ir? iaid note ond thia mortgaA~. or dthw; to pay nu ond
stngu~ar Ihe faxea, assessmnnts, ~eviea, ~inbi~ifies, ob~igations. arul encumdnancw oj euery nalure on aaid pro-
perly; to permit. c~ommtt or suffe? ~o wa~te. impairment or detertoratton oj sai~ ~nnd or f~e tmprove~aenb
fl~eroon at anr tima: to leeep the buiklings now or hereuf
fer on said ~(ulty inswed a:wn oj noe Isss
thdn
in o ~ompanr or ~n~r~ a~epea6le eo tl~e mo.eAa9.e, the po&cy or po&~t.s eo be heid by, and pa~bb
fo, said mortgagse. eu~ tn f~ia Queni any sum o~ nwney beeomes ~yabi~ by ~t~t~. o~ iuch tn3urancr the
mortgagee ahall haw fhe righE to roceivo ancl applJr tl~e sama to th~ tnJeLteclneu ~~iy secared, ncro~,,,etne
to t~Q mo?t9~or for any aurplus: fo pay au oosfa. catarges. wed experuei. tnc~uaing jowyers ~ses and tifle
seanches, reasonably insurred or p~eid by llee mortgages because o/ tlie /atlure oj ~1~. mori9~a, eo ~pttr
a~cl ~ully oo~nply u~lth f{~s agreemenfa, stipu~attons, ~itions and co~enants of said nofe nnd this n~ortgage.
- or ~iif?~r; eo p..Jorm, oomNly wieh and ab~d. 6y e~h and every t1~a agreements. stipu~ations. condiltons and
oovenanb set /ort6 in said notQ o?~d ~ht, mortgage or eitl~er. In the e~ent tl~e morlgagor /aib to pay when
due any lax. as~ess~nent. insurnnce premiun~ or ot~er sum o~ money paya6le by virtue of saicl note and l~iia
morlgage. or either, tl~e ni;ortgapee may pny the sume. wit~iout watuing or u~fecting fh~ optton to (oreclose
or any othe~ rtght hereunder, und aU sucb payertents sha[I bear interest (rom date t6ereo/ at ll~e htghtst Iaw-
/uI rate then allowed 6y the Iaws a/ t~e State oJ Florida. -
A any swn o( monep herei~ referred to be not pro:npt~y paid within none c~~y next a(te~ '
the same tiei.~on~et due. or i( ench anc~ every the ag?eemertb. stipu~aliona. canclilions and eove?wnta o` said
noee and e6ts tnortgage, or eitF?e., a.~e ,we ~ally perJormed. ~omplied mteh and abtd~dt by, tlwn ehe ene~ne
swn mentioned in said note, nne~ fhis mortgage. or the entire lialane~e unpute~ t]~e~. s~euj] ~ort~wtth w
thereu(te~. ut the optton o~ the mortgngee~ be~~ a.~d be d~ a,sd ~yabl~. enyt/sing in saic~ note or herein
to rhe e~onn~y .wt~ttlueandt.e9. Fatltu~e by tlee mortgasee to exer+ctse nny of the rlghts or options herein
prnvlded ihaU not conslitute a wcuuer o` any righls o~ optioos uncler sai~ note w t~ti r~tortgope accrue~ or
eh~Jesr ~g.
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_ : (.8 (CORPOI~G •;.,i.'° ~n ~iLll~ the mort9agor bas cnused tl~ese presenb to
~ • ~ 4 SEAL) fF be executecl in ib na~e~e. and its corporate sea~ to ~ie hereunto a)f
ixed. by ib
:ProP~ oll~n thereunto duly authorized. the dny and ysar Jirst above mritten.
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' ' ' CITY OF FORT P IERCE
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~ ~ ~t~ ~ rk :sxae~+~c
$ ~~(~~~~~e
'vered in I~e presence oj: ~
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ayor- Commissio er ~x
. ..~t.~e~:...oC..._..... .
O~ FLORIDA
~OUII~ 0~ ST. ~LUCIE
I HEREBY CERTII~Y dwe oe e%i, dor. be%.e ~n.. on o(/soer d~lr aWl~o.lard a 1he S~o~. and Counh o(«+aad to w4e ocinod.dp-
a~ur ~a M ILT~ON TUCKER an d R. C. JAMES
Mayor-Commissione r
.xu ~ a a a. ~R. / ~ia ~ Ci ty Cle rk ~ „
mo?tyoyo? in Il~s /orepoinp t..+auw~rnl. ond tla! !!up ,eor,dl~ «~no~nlsdprd rx.rcvrr..g el.. ,o.... in d.. prr,e„or o/ r+oo ,u6rai6ino r~il..esars,
~.~Jr ~d od~to.slr .~d.r «.il~er d~.lr ~,+~d r,. ~ raid au?Daofio~ or~ 1/~d I~+e aea~ o~~lssd I~iereb b I~s irue cwporol~ sro~ uf
•.~~lY1?y.0~/ioit. " _ - - - -
. ~~~~••,;'~~tmn?FSS ~ t~,a ~a ~ ~.~t c~ dd s~ ?~,e /9r.~ a~r ~ May
•t•" , ~ ~ oJ«.,dd r1a.
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~ ~ ~ r, Ft~EO At'10 RECORDEO
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' t • : ST 1,UCIE COUNTY, FLA. ~Q '
- ~~ECORD VcRi~'IED ..~~C~ .Q'S. _
_ `r' A 1.~G .1rJ6~'~1 Notary Public .
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• ~ - - 'V~ra Puw7c,
~Ti",'•, • ?Y State of Flnri~a at ~
, C ~ ~ 7 9 n~' • . M Commi • ~~~e
DIr 61 "Z 1~ 1 Z• y~ Bonded ssion Exp:r.:s 21, 1970
F ~ n~ by Transamerica I~suranc@ C0.
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CI.t:F:t~ C!:;Cl;l`I COi1nT
d00K 1~ PAGf 1~~
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