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HomeMy WebLinkAbout0369 anrl sh~ll p~rjorm, romply u~i1h and abide by each anrl ei~ery tl~e agreemenls, stipulalion's, conditions nnd' ca~~~nants ~hprnoJ, nnd af this morfc~age, fhnn Ihis morlyape and Il~e_ esfate hereby e~paled, shnll cease, de- IerminP antl I~e nu~~ ant~ i~oi~~. Iin~ fhe murfgaf~or ~~prnhy ~urt~~er covenanls au~ agrees to pay prompi~y when due the principul and iulernsl a~c~ ollier s~inu o~ monPy proi~iclcKl f or in sai~ note and lhls mortgage, or etfhe~; fo poy a~~ and singular Ihe tax~s, ass~ssments, l~vi~s. liabilities, oblif~alions, and encum6mnces o( every nafure on suid pro- perlv: fo ~rmit. ~~ommif o~ su~Jc~r no u~asle, impairmenl or ~ete?ioration o~ snic~ ~anc~ or fhe improvements 1h~rnen a1 any fim~; to ~rrPp the 6uildin~s nou~ or hemaJl~r on said land ~ully inuuecl tn a sum o~ not less ~han ~1REE . THOUSAND SEVEN HUNDRED FIFTY DOLLARS AND NO /100 in a compa?iy or compnni~s acc~~~la6~e lo Ihe morf~apc~. Ihe policy o~ po~icies to 6e held 6y, ant~ paya6~e to, snid morl~nc~Pe, a~id in fhe erent nny sum o/ money 6ecomes paynble by virtue oj such insurance the ~o~~A~~Pp Shall ha~~~ Ihe right to rrceivc~ nnd apply ll~e same to the inc~ebtedness I~ere6y secured, accounting to f~~p mortgnnor Jor any surp~us; fo pay al~ cosfs, fha~pPS, anc~ expensps, inc~ucring ~awynr~s ~ees and til~e sPnrches, rPasonab~y incurrecl or no~d 6y tl~p morfgagee hecause o~ !tie jai~ure o~ fhp mortga~or to prompt~y an~ Jully comply u~ith Ihe a{?renments, stipu~ations, conditions and covena?its o( said note an~ lhis mortgage. or eit{~er; lo pe?(orm, comply u~it{~ and a6ide 6y each and every tlie agreements, slipu~ations, conc~itions and coi~~nanfs set forih in said note anc~ this morlgagp or eiitier. ~n !tie event ftie mortgago~ ~ai~.s fo pay when due any tax, assessm~nt, insurancp premium or o1F~er sum of money paya6le 6y uirfue o) said noie and this mor[gage, or PI~~IP~, fhe morl~agep may pay ftie same. iuifhou! u~aiving or aJ~ecfing the option to Jorec~ose or any olher ri~l~l herpun~er, and aII such payments shall 6ear inlerpst Jrom date thereoJ at Ihe htgl~est Iaw- (~d rnle dien alloinecl by Ihe lau~s o~ the Slate o) Florida. ~L any sum o( money h~rein re(erre~ to he not prompt~y pait~ wifhin 30 c~ays next a~fer Ihe sam~ b~com~s due, or ij each and ei~ery 1he a~reements, stipulafions. conditions and covenants of sait~ ~ nole and Ihis morl~~nct~, or PtI?tP~, are not f ully per)ormed, complied with and a6ided by, t~en tF~e entire sum menlione~ in said nole, and lhis mortgage, or ll~e entire 6n~ance unpaicl thereon, shall /orthwith or ihereafter, af tl~~ oplion o~ the morlgagee, 6ecome and 6p dup and ~ya6le, anything in snic~ note or herein to Itie conlrary nolu~ilhsl~ndint~. Failurp 6y the morlgagee to exercise any o` ttie rig{~ts or options herein ~ provi~c~ sha~~ no! constilule a u~airer o( any ri~~ls or opiions uncrer saic~ note or f~is mortgage accrued or f{~ereaJl~r accruin~. ~n ~itness ~hereof~ t{~p sai~ morfqngor i~as hereunto signecl an~ sPa~e~ fhese presenls fhe ~ay ancl year ~irsl ahot~e lI~IINPII. Sy{r~e(~.~ SPpIP~ UII~ l1P~Il~PlP~ ~~IP pr~s~nce Of : ? ~ ~-Y~:-` .Z~ ------~..~~?~',,.r.,, - - Q~e. _ - . - - i ~ s L. ~iiisey . I --~1.-`''-~..e.:.--~~--~--- -~~..-~-.U--~ti~-t/------- - -G"--- -------------t...-- ~c-- ~-----j----~- --I~ ~orothy S. 1~nsey V - - ~ - - ; STATE OF FLORIDA, ~ COUNTY (~F ST. LUCIE I HEREBY CERTIFY that on this day. before me. an o((icer duly authorized in the Stat~ aforesaid and in the County a(oresaid to take acknowledgmenu, p~nonally appeared JAMES L. KINSEY and DOROTI~iY S. KINSEY, his wife , ~ to me Icnown to be the person Sdescribed in and who esecuted the forcgoing instrument and ~1@}~ acknowkdqed ~ beforc me that they exccuted the same. t K I7'NESS my hand and olficial xal in thc County and Statc last aforcsaid this . 7 th day o~ January A. D. 19 ~ _ ' , , r:~+ ^ ] f ~ . • _ FIIED-AND RECOR~ED ~ , . ~ . , . FLA. s~,,~ . ~ g? LUC~E COUNTY. = t- : - - . . . ~ ;i_ r^~,r. r•:~~'t~D ~~Totary Publ~c, StBt~ ':F~p~id~s t . . ~ G~~~~ At Large, My Commis3ipn-Expi~es: G~~ t " • , B~Ifi~1 9: 36 i~ /~73 . ~ o ~ ~ 'ZO J~tl ' ' ' , . ~ ~ ~ ~88C~24 = . t:(1' ~~c~ I~'~~~~n.' ' ~ C~.~RK C~itC::f7 COURT ~ ~ ~ y ~ Tlris /~utn~„rc,f~ pn~pnrcd by: CNARLES E. BECHT, ATTY. U~ e~~++~ ~ P. 0. Box 548, Fort Pierce, Florida gppK~~~ PAGE JU 1 Adrl~rss I z~~ ; _ , ~ ~ ~ _ . . ~ . _ _ _ . .W . . . ~ ~