HomeMy WebLinkAbout0629 nnc~ shal~ per~orm, rnmply wlth and a6~de by each nnd every Ihe agreements, ~tipu~ations, conditions ond
corenanl: thereof, and of this mo?tgage, t1?en 11~is mwtgaAe and tl~e eatate hereby created, shnl[ ceoss, de-
termine and 6e null and votd. ~
~ lhe mortgaflor he~eby ~urthe? covennnts and aA?ees to pay promptly when due the princtpal and
interesl and of~er suma o~ money provi~ec~ fo~ in said nole.and fhb mortgage, o~ etlher; fo puy a~~ and
singu~ar t~e taxes, assessments, ~eutes, ~tabililies, ob~igatioru, and encum6roncea oJ every noture on said pro-
perty; io permit, commi! or su(f
er no waste. impairment o~ ~eteriorolion o~ snid ~and or the improuemenft
lherecn af any lime; to lepep tl~e 6uildings now or herraf ie? on satd lnnd /ully Insurecl in a sum o~ no! ~ess
Ihan
in n rnmpany or companies accepta6le to the mo~fgagee, the pollcy or poltcies to be heW 6y, and payu6le
to, said mortgagee, and in the event any sum oj money 6ecomes ~xiya6t~ 6y virtue oj auch insurarece tFee
mortga9ee shnll ha~e 1he rtgl~t to receive and npply Il~e aame to !he tnde6tedness hereby secu~+ed, uceounting
to the morfga~or ~or nny surp~us; fo pay a« rnsfs, cl~nrges. artd expenses, inc~ucling tuwyer~~ ~eei and tit~e
searches, reasonu6ly incurred o~ pnid 6y the mortgagee 6ecnuse o~ the `ai~ure of 1he mortgngor to prompt~r
and Juj~y comp~y wit~t t~e ugreements, stipu~afions, oonditions nnd coverennts o/ said note and ~T~~, .nortga9e.
or eit~er; to per~orm, comply wit{? nnd a6ide 6y each and every the agreemertts. sftpu~nlions, rnnc~itior:,; and
covenants set forth in said note nnd eh~ mortgage or e~ther. ln the event the mortgogor /ai~s to pny w6en
due any tnx, assessment, insurance premium or ofher sum o~ money paya6le by virfue of said no~e nnd t~is
mortguge, or either, I~e morfgagee may ~y the same, wit~out waiving or af
jecfing fhe optlon to ~orec~ose
or any other right hereunder, and nll such pnyments shall bea~ inlerest ~rom dale thereoj at t1~e higl~est Iau~-
(uI rate fhen nUowed by Ihe laws o/ the State o/ Florida
any sum of money {~erein referred to be not prompt~y paid witkin daya next n~ter
the same 6ec~omps due, or i j enc~ and euery fhe agreements, stipulntions, rnnditions and covenants o/ satd
note and t6ts mortgoge, or eit~e~, ar~e not ~ully performed, complied with and a6~ded 6y, then tke entire
sum mentioned in said note, and t1~is mortgage, or the entir8 balance unpaid thereo~, s1~a~~ ~orthwitl~ or
fhereolter, at t/~e option o( tke mortgagee, become and 6e due nnd Fayable, anyfhing in aaid note or kerein
to Ihe contmry notwit{~.slanding. Failure 6y 11~e mortgagee to exercise any o~ the r~tg{~ts or options ~eretn
provic~ec~ s{~o~~ not consfitute a waiver oJ any rights or options under snic~ nofe or thls mortgage accrue~ or
" t~ereaf ter accruing.
~n ~itness ~hereof~ 1he said mortgagor has I~ereunto signed and sealed these presents the
c~ay anc~ year Jirst a6ore u~ritfen. _
Signed, sealed d de ' red i he presence of :
I
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; GORDON LAR ,
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F , - I~Tarya ne CLARK
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~ ST'ATE OF FLORIDA, ~
~ COUI`TY OF $t. Lucie
~ I HEREBY CERTIFY that on this day. before me, aa
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~ officer duly authorized in the Stat~ aforesaid and in the County aforesaid to take acknowkdgments, personally appearcd
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GORDON CLARK and Maryanr~LARK, his wife and su
~ GEO~GE W. DAVIS and JAMES E. DAVIS~joint tenants wit~right of vor ~iip
~ to me nown to be the pcnon S described in and who execut the fongoing instrument and ey ackoowl , aed
~ beforc me that they executed the same. - = t=` . F
~ " 18th _ ~ ;
~ WI1'NESS my hand and of(icial seal in the County and Scate last aforesaid this ~~N~~~~~~
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_ F@Url18T'y `~A. D. 19 7O • J~•~'„'s,~ t,~:
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- fIL.EO AN~ VySY a~ 10~y i
_ ~UC,~ C~,. ~:-+~p I~y Commission Expir ~
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= - GERALD S. 1AMES
T/ris I,urru,nc„i prepared by: Attorney at law
20b South Znd Street o R~~`~ ~~GE
~ fort Pierce, Florida B0o1t e~
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