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HomeMy WebLinkAbout1093 and shal~ per~o~m, comply wifh and a6tde by ench and every tke ag?eemenfs, sflpu~nltoria, conditioni a~ conenanls the~eo(. a~d o/ Ihta mo?tgage, then Ihi~ mortgage and tha eatnt~ h..~6r created, ahall ceas~, d~- termine ond 6e null and uoid. - ~ the mo~tga~w 1~ereby jwfhe? eovenantt and ng?ees to pay promptly wken c~ue I~te princtpal and interesl and olher sums o~ money provided ~or in satd ~ote and tl~it mo~tgage, or silher; fo pay n~~ an~ singu~ar fhe faxes, assessmenfs, ~evlea, ~iabi~ifies, obligations, and encumbronces of every nature on said pro- pe?ly; to permif, rnmmif or suf fer no wasfe. impnirment o~ cjete~iomtton ol sa![~ ~and or ttie improueenenb !he?~ecn at any time: to kppP ehe 6uildings nou~ or I~erea~ter on said land /ully insured in a aum o/ not less t~an " { , in a company or rnmpanies accepta~~e to fhe mo~lgagee, t~e po~Icy o~ po~tctes to 6e tie~ by, an~ paynb~e to, sutd morfgagee, an~ in Ihs euent any sum o~ money beoomes poya6l~ 6y virtue ol sucti tnsurnnce I~e i ll have the ri ht to ?eceive ond a I the same to the tnde6tedness here6 secured, nceountin ! mortgagee sha g pp y Y 9 ~ to the mortga~o~ ~o~ any surp~us: to pny a~~ costs. chnrges, and expensea, inc~uding ~awyers fees and fil~e searches, reasonn6ly incu??ed or paid by the mortgaeee because o/ the jailure o/ 11~e mortgagor to promptly and /u~~y comp~y wif/~ the agreements, stipu~alions, rnnclittons and c~ovenanfs of snic~ note and this mortgage. or eil~er: to per(orm, rnmply wi11~ and nbide 6y each and every !he ngresmenfs. stipu~ationa, conditfons and covenants set /orth in snid note and thfs mortgnge or either. in the event the mortgagor (ails to pay w1~en due any tnx, assessment, insurance premium or otl~er sum of money payable 6y virtue of snid nofe and tl~is morfgage, or eifher, !~e mo~tgagee may pny !tie same, without waiving or u~(ecfing t/~e option to forec~ose or any otl~er rigF~t hereunde~, and all sucl~ paymenfs shall bear tntereat (rom date Ihereoj nt Ihe hig6est law- ~ul rate then allowed by fhe laws oJ the State oj Floridn. any sum of money ~erein re~emed to be not prompt~y pnic~ witkin 30 dnya nexf n~ter tF~e same 6ecomes due, or ij each and euery 11~e agreements, stipulatioru, rnnditions and covennnt: o~ said note and t/~is mortgage, or eilher, are not jully per~ornied, c~omplied with and a6ided 6y. lhen the entire sum me~fioned in said note, and this mortgage, or tl~e entire balance unpaid the?+eon, aknll /ortl?with or 1?~ereajter, at the oplion o( the mortgagee. 6ernme ~d be d~ ~d ~xiya6l~, anything tn said note or herein to Ihe contrnry notwithslanding. Failure by fhe mortgngee to exer+cise anq o( ttie rig~ts or options herein proviclec~ shaj~ not constilute a waiver o~ any rig~is or opfions under saic~ nole or t~is mortgage acc?ued or f~ereafler accruing. ~n ti~e said mortgagor has F~ereunto siyned and sealed tl~ese presents fhe c~ay anc~ year jirs! above u+rilf n. ~ . ~ et~ e v in t senc oJ: i ~ ~ • ?`!Qit!/yy 1s`~~f.~;. _ ~ - - ~ ' - - - - - - ~ STATE OF FLOKIDA. ~ COUNTY OF ST.- LUI:IE I HEREBY CERTIFY that on this day~ before me, an offic~r dul,v authorized in the Stat~ aforesaid and in the County aforesaid to take acknowledgments~ pertonally appeared Marvin M. Richardson and Emna Jewell Richardson, h~s w~.fe, to me known to be the penon S deuribcd in and who ezecuted the fongoing instrument ~oa tney actnowkdged before me that '~1@~/ executed the same. WI1'NESS my ha~d and of(icial seal in thc County and State last aforesaid this O day of A. D. 19 ]0 / ; FilEO AND RECORO ~ ~ , - - ' , ; l.G . ST. LU~c~E ~cOUNTY. FL - 1.. . . . R.: QR.. V~-_-.-tED ','v ~SS~~~3 Notary P~'it State ot Fla~id~ at : ; • , . - '70 JAN 2 0 PM 3 : I 8 c~~, ~ ~ u, t9~o , . . - ~e ta.e.e y A.ui~.. Hw ~ t....~s to. - ~ ~ r: ~ i J ~ l.: - f / _ /C- ~ . . . ~ J ~ . ~ ~ _ ~ -(i~z=a •'Ot~R:.S • CLFRK C~RCUIT COURT~ L. A. 0 • LAUGHLIN,JR. Tliis hulnnnc~rt prrparrd by: 0* LAUGHGIN & 0* LAIIGHLIN t~~~~ 207 South 2nd. Street P: 0: Box 3405 t'ort Pierce, Flori.da 33450 0 k~y ~ dOtiK1 FAGf O~ _ ~ x ~ ~ - - _ _ - - - ~ _ dw..l~, _ z~~~