HomeMy WebLinkAbout2404 ~nd sh~ll perJorm. ~~umply inill~ ~nd abide Gy each an<~ i>i~ery t1~e aQ~eeme~+ts. stipu~ation's. rnac~ilions ane~
rn~~enants Il~e?ro~, m?~ o~ t~iis morl{~acie, t~~en ftiis mortqage an~~ t{~e pslale tierP~y creolec~, sha~~ ceose, de-
fermine an~ b~ nn~~ aud ~.o~~r.
11n~ t~~P morf{~nqor lien~tiy jurt~ier cov~~~ar?ts arid a~ree~ !o pay promptly when e~ue ttie principa~ and
inlen>st an~~ ol~~er sums o~ moriey proe~ir~ec~ Jor in saic~ nole and this morfgape, or eilher, lo pay al~ anc~
sinc~[~lar f~~e f~x~s, ASSPSSAI!'/1IS, ~e~~ies, ~io~,i~ilies, oh~if~afions. an~ encum6rnnces oj every nalure on said pro-
pPrfy; lo ~~ermil. ~•on~mit or suJ~pr no u~asf~, impairmeni or ~eferiomfion o~ said l4nd or fhe improvements
Il~rrnrn al nnv lim~: fo ~PP`) Il~e {~uil~~in~s nou~ or lierna f ler m~ c~i~I Ian~I Fu~~y insured i?t a sum o f not ~ess
~ti~n Maximum Insurable Value
in a~-ompauy or rom~uini~s acc~~pla~~~e fo f~~e morfga~~e. l~~e po~icy o~ po~icies !o l~e ~e(c~ ~y, and payub~e
to, sni~ morlgagee, an~ in f~~e ei~e~it any sum o~ money ~pcomes paya6~e by virlue oj such tnsurance f~e
morlgac~ee SI1Q~~ ItAI~P t~~e rig{e! fo rc~c~iuP ~n~ app[y Ihe same Io 1he indebted.~ess hp,~6y s~u.Pd, accounfing
fo 1~~~ morfganor jor any surplus; fo pay a~l rnsts, cha?ges, and expenses, tnc~ut~ing ~awyeis'PPS anc~ lit~e
searc~es. r~ason~~~y incurre~r or ~a~d by ~~~e mortgoqee hecausp o~ fhe Jai~urp o~ the morfgaqor !o prompt~y
an~ ~ully comply u~it~i l~~p a{~re~~terits, slipulc+tions, con~iiions ancl conenanls o~ sait~ nofe a~~ l~is morlgnge,
or pitl~er: jo pprform, comp~y u~itl~ pn~ a6irle by pa~h anc~ ei~erv Ihe agreeme~ts. stipu~ations, condifions nnd
coe~e~eanls se1 )orll~ in sai~ notr ond ihis morfgnge or either. In the event the mortgago~ fuils to pay when
clu~ any tax.-assessment, insurnnce premium or otF~er sum o( money paya6le 6y virtue o~ saicl note and t1~is
mo?t~aqe, or eil~~er, fhe morlgag~ may pay fhe same, tuithout u~aiving or aj~ecling fhe opfion to roreclose
or any olher ri~l~l her~under, and a[I such paymenls shall 6ear interpst from ~ate tl~ereo( al 16e highest ~nw-
(~il r~1e il~~n allo~aecl 6y 1h~ I~iu~s o~ the Stafe of Florida.
any sum oj mon~y hereiri re(errP~ lo he not prompl~y paic{ wit~in thirty ~ays nexf a~te?
IhP same 6ecomns c1ue, or if eac1~ and PI~PIy IIIP ugreemenls, stipulations, con~litions ancl covenants o/ saicl
note nrtd Ihis morlc~ac~e, vr either, nre not f ul~y per~ormed, complied with ancl a6ided by, rhen fhe entire
sum mentione~{ in said r~ol~, and lf~is morlgage, or tl~e entire 6a~ance unpaicl thereon, shall Jort{~witl~ or
ttierealfer, at f~~ opfion o~ I~e mort~n~ee. ~iecome and be ~ue and payab~e, ertyt{+ing in said nofe or herein
to f~P conlrnry nof~vill~st~ricling. Failt~r~ ~y f~e morfgagee to exprrise any o~ t{~e rig~fs o~ options herein
prori~er~ s~a~~ not consfite~te n u~ai~~pr o~ nny rig~ts or op~ions untler soic~ notP or t~is mortgage accrued or
l~~e~reaJfer acctuing.
~n ~itness ~~~Ol~ t1~p saicl mortga,qor has hPrPUnlo signecl and senled Ihese presenis the
c~~y an~~ yc~ar f irst Q~i~P te~riltpn.
$ignec~. a~~~ ant~ t~~~i~,Prptl ir~ftin pres~nce o~:
C
, -
/ / - ~
, , , ~
.4:4.c=.,.iX-,--•--•-~-----/ • ~ .~~'1
l~:?'~ - - - -L----~-----~-~---~---~-
~ E. 'P. De riest, Jr.
- - -
~ - ~
.
-
- ~ - ~ ~
Ly~S. DeFriest
- - - - - -
STATE OF FLOKIDA~ ~
CnL:~TY nF ST. LUCIE
I HEREBY CERTIFY that on this day, betore me. an
of(ic~r duly authorezed in the Stat~ aForesaid and in the County aforesaid to tak~ acknowledgments, penonally appearcd
E. P. DeFRIEST, JR., and LYDA S. DeFRIEST, his wife,
to me known to bc thc pcrson S dcscribed in and who ezecuted tht fongoin,q instrument and th@y acknowledged
, be[or~ me that ~gy ~xccuted the same.
~VI7'NESS my hand and o(ficial stal in thc County and Statc last afor~said this 1~ d~y of
Dec~?ber A. D. 19 69.
• • ,
.
F!l.ED AND RECOROEp'
- • .
ST, LUCtE COUNTY, F~A. Notar Public - Stat~• Floric~a
~t=.^nPC~ VFRIrI~D at Large. ~ s ' -
/ 473 My Commission Exp~,re~ : ~"~i ~ "U'-,
~~9 QF~ ~ 9 ~ , ; ,.ti
PM I . ~I9 .
rr . . . . `
: 7 ~ ; i _ i ~ ~~^I~~ - ' , •
; F'OiTR..S
~LERK CIRCUIT COURT
Tlru liu~nrinf»~ p~rpnrrr! hy:
A~~ficu BOOK ~~1 PAGf
, ~
. : .