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HomeMy WebLinkAbout1779 ~ ' r i and shall pe~jorn~, cumplY u~ill~ nnd abide by each and ei~ery tf~e agreements, stipulationi, conditions and ~ corenanls thprewJ, nnd oJ Ihis mort9as~e, then Ihis mwtgape and Ihe estate here6y crealed, shall cease, de- lermine nnd be null and void. Iin~ 1~~~ morl~ac~or ~~ereby (urfher covenanfs ant~ agrees 1o pay promptly when due fhe principal and internsl an~t ofhP~ sums of money provirletl ~or in said note anc~ Ihis mortgage, o~ either; to pay a~~ and sirgul~r ihe IACPS. ASSPSSR1P/IIS, Ievies, Iia6ililies, o6li~afions, and encum6ronces o~ every nalure on saicl pro- perly: fo {x~rmil, commif or su~jer no ivnste, impairme?~f or t~ete?ioration oj sni~ ~anc~ or Ihe improvemenls Iherecn al any lime: to kPP~ rhp buildin~s nau~ or herpaf t~r on c~id Iancl ~ul~y insured in a sum o( nof ~ess ~han its insurable value in a~•omp~ny or companies acceptable fo Ihe mortgaflee. 1he policy or policies fo 6e held by, and paya6le to, saic~ mortunqp~, and in (~1p Pt~PIII any sum of money 6ecomes ~ya6le 6y virtue oj such insurance the mortc~agee Shall ha~~P the rinht to rc~ceivp and apply Ihe same to ttie inde6tedness here6y secured, accounting fo I~e mortc~a~~or ~or any s~up~us; to pay n~~ cosfs, charpes, anc~ expenses, including ~awyer~s jPPS antl lit~e sea:rti~s, rc~asona6ly i+~curr~ or E>ait~ tiy Ihe morlganee tiecause of f~e fai~ure o~ fhe mortgugor fo prompl~y ant~ j~~lly ~amnly u~~~h ~hP aflreemer~ls, sfipu~afions, c•onc~ilions and covenanis o~ saic~ nole an~ I~is morfgage. or eilher: to per~orm, comply with and a6ide 6y each an~ ei~ery the ogreements, stipu~ations, cortditions aner conenants set ~orlh in saicj nole ane~ t~is mo~fgage or eil~er. ~n the ruent t~e mortgagor (n~u to ~y when due any fax. ~ssessm~nf, insurance premium or oll~er sum o~ mo?~ey ~ya6l~ 6y vi?!ue of saic~ note and f~is mortgage, or c~ilher, i~~e morlgagee may pay t~e same, iuiftiouf wniving or o~Jectirtg !he option to ~orec~ose or any ot{ie~ ric~h! hereunder, ancl al~ suc{~ paymenls shall 6ear interPSt from date IhereoJ a! fl~e F~ighest law- ~ul rale Ihen alloiued 6y the lau,s of thP Slate of Florida. 1l any sum o( mon~y herein re(errec~ to ~e not prompl~y paid wiftiin 30 days next n~ter t{~e snme 6ec-om~s duP, or ij each and PI~P~y I~P a~reements, stipulations. conditions and covenanls of said note and this morl~agP, or eilher, are not (ully perJormec~, complied wit1~ and a6icrec~ 6y. 11~en the enlire sum mentionec~ in sai~l note, antl this mortgage, or the entire 6a~ance unpai~ tl~ereon, s1~al~ )orthwith or thereajter, at fhe op~ion oj Ihe mortRaqee. 6ecome and 6p due and paya6le, anytF~ing in snid note or herein fo i~~e contrary nohuit{~slancring. Failurp hy fhe morfgagep to exercise any of the rig~ts or oplions herein pro~~i~ecl sf~a~~ not constitule a u~airer o( any riqhis or opfions uncjer saic~ nol~ or l~is morlgage aecruec~ or f~ierealf~r accniin~. ~n ~itness ~hereof~ the said morlgagor h~s hereunto signed and sealed these presents the c~ay an~ year Jirst aho~~e u~rillen. Signec~. sealed and deli~~ered in Ihe prns~nce of : ^ : - . . - - - - • S ar o . ~.~,et-.. I~ - - - - ; Andrea . Shearer ~ ~ i - ~ ` - - ~ ~ ~ - i ~ ~ STATE OF FLORIDA~ ~ ~ COUITY nF ST, LUCIE I HEREBY CERTIFY that on this day~ be[orc me~ an officer duly authoriz~d in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgments, perso~ally appeared ~ TROY L. SHEARER and ANDREA J. SI~ARER, his wife ~ ~ to me tnown to be the pcrson d~uribed in and who exccuted the (ortgoinq instrument and they acknowkdged ~ betore me t~at they cxccuted the same. a ~ WI7~NBSS my hand anci of(icial seal in thc County and Statc last a(oresaid this r~~ day of y December A_ D. 1969. ~ ~ ' _ ~ FILED AND RECORDED ST, LUC1~ COUNTY. FLA. Notary Pu ic F (~(~(~n 1~F~I~i~~i ~ Nntarv P~hlic. Stat~ f/F oridd 8( . f 1~88?'~l ~,1y Commission Ex r ~ ~ ~ ~ pi es Dec. I . ~ , . • _ ~cn D~~ ' i PM ~ ~O ~~ded by i~ansamenca Insura } fl~ . . ' ~ ,ti ~ ; 4 a~ ~ify ~ _ . i~/ ~`0'~+-r, I~VI~RMg'~..~.~ L~~ ~n ~ CLERK Ci~CillT COURT • . . ~ C i: = : r~ . . . ' . ~ . ~ ~ 1 ~ • ' ~ _ 11\ 'k% ',"~~tl/~il~•~~, ~ This Instrument Was Prepared By ANGL?S SU~f1~ER Tlru IiWnimcn/ prcprtred by: P. O. Box 3230 Ac1rlrrss Raulersan Builciing Fort Pierce, Florida 0 R 1~i 1 PACE17~ BOOK ~ , . ~ ~ ~ ~ : ~ , . ~ . . ~ ~