HomeMy WebLinkAbout1976 a~d shall pe~Jorm, romply u~il{~ and a6ide 6y each and erery tl~e agreemenis, ~tlpulafto?is, condi~ions and
co~~e~a~ts IhereoJ, and oj fhis morfgage, thpn fhis mortgaga nnd the estate hare6r c?euted, sl?nlI cewe, de-
tP?mine and 6e null and ooid. -
~ Ihr mortganor her~?by ~urlher couenanfs and agrees to pay promptly when due Il~e prtncipnl and
interesl and oltie~ sums o~ money provI~IecI ~or in said note ancl f{~ts morfgage, or etltier; fo pay a~~ a?~
sinflular Ihe ta.res, assessmenfs, le~?tes, lia6tlities, o6I1ga1ions, ond encum6rances oj ever~r nature on satd p?v-
~ perfy; to permif, commit or su~~er no wasfe, impai?menf or deferioralton o~ said ~and or the improuemenb
fl~erecn af any lime: to kepp Ihe buildin~s now or herwaf
ter on satd land jully tnsured In a sum oj not le~a
~tiQn Six Thousand Five Hundred and no/100 Dollars- ($6, 500.00)
in a company or <-ompanies ncceplab~e to Ihe morfgagee. !tie po~icv o~ po~Fcies fo 6a heW 6y, and ~ya6l~
fo, saicl mortpagee, anc~ in I~e event any sum o~ mo~ey 6ec~omes ~yo6le 6y vi?fue of suc~ insuranco the
morigagee sho~~ have fhe rig~f fo receive and apply the same tQ the indebtedness f~ereby aecwecr. aceounfinp
to Itie mortga~or (or any surplus; fo pay a~~ cosfs, charges, and expenses, tnc~uding ~awyer s jeea and til~s
searrhes, reaso~ably incurre~I or paid by the mortgagee because oj tl~e ~ailw~e o/ tl~e mortgagw to promptly
anc~ (ully comply wifti ftie agreemenfs, stipu~ations, cone~ifions and eovenanfs oJ said note and thts mort9age.
o~ eilhe~; fo perjorm, rnmply with and a6tde 6y eacF~ and euery the agreements, slipu~ationt, condifions anc~
covenants sef ~orl~~ in snid nofe and t~is mo?tgage or either. In t~e event the neortgagor ~oi~s fo pay w~an
due ony tax, assessment, insu~anre premium or ofher sum o/ money paya6le by utrtue oJ aaid nole and tF~is
mwt a e, or eiftier, f~e morlgagee ma~ ap~ f~.~rr~~__wifhou~ waiving o~ arfecfing t{~e oQtion fo [orec~ose
or any otl~er ri~ht I~erpunder, and all sucl~ payments s6all bear interast (rom dute thereo~ nt the higl~est law-
~ul rate Ihen allou•ecl by 1?~e laws o( tlee State of Florida.
any sum o~ monpy tierein re~errec~ fo ~ie not prompf~y paid withi~ 3~ c~ays neart a~ter
the same 6ecomes due, or i~ each and euery ihe agreernenis, stipulations. conditions and covenants o~ said
note and Ihis ~nortgage, or eifher, are not (ully perjormed, complied with nnd o6~d~d 6y, tl~en tl~e enti?e
sum mentione.~ in said note, and this mortgage, or f6e entire balance unpaid thereon, shnll jorthwith o~
thereajter, at t1~~ option oJ tlee mo?tgagee. 6ecome nnd 6e due and paya6le, nnything in said nole or herein
fo I~e conlrary notwithstancling. Failurr 6y the mo?fgagee io exer~cise any of ftie rig~fs or optiona ~ierstn
proi~ided shall not constitufe a waiupr o~ any rig~ts or opfions under saic~ note or t{~is mortgage nccrued or
t/~erealfer accruing.
~n ~~LII~ ~~~1~ t~e saic~ morfgagor has hereunto signecl nn~l sealed tl~ese p?esenfs f~e
c~ay and year Jirsf above u~riffen. -
Signed, sealec~ and cFelivere~/ in t{~e pr~sence o/:
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- - - - -.-G!/.---- - - - - - - --~W-- ---Q~~---------------•-----------•---
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es W. Fair
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ay . ~`air.
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j STATE OF FLORIDA. ~
~ covh~rv oF ST. LUCIE
~ I HEREBY CERTIFY ehat oo this dar~ be(ote me. an
of(icer duly authorized in the State aforeuid and in the County atoreuid to tat~ acknowkdgmenq~ penonally appeued
~ James W. Fair and May E. Fair, his wife
e
to me known to be the penonS described in and who executed the foregoinA irutrument aad ~@Y acknowkdsed
be(ore me that ttl@y exetuted the same. ~
~ WI7TiESS my hand and of[icial seal in the Counry and State last atoresaid this .~,.3 day of
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~ ~~"i,Q~1 A. D. 19 7O. ~
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~ 1~~`~~~~,, : • ~~Ep~ p,NO RECORDEtf,. - . - a--••--
_~r ~ ~ LUCIE COUN~; Y• F~A• Notary Publi , State of Fla. t
- . . • NRY ~ ~•RF pRC f1ED
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° : ~ ; . ~ ; ; ~ Lar e
~ ~ ~G4•~p v ; W~ - 1913~~ My Commission Expires: ~
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~ ' . Pv~`'..i: :'i0 MNR 23 PN ' /
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~ .<P~~~..~ AS
~ , ~,~~?:ti~,:,:~~ . ROGER POITR
~ ~ CLERK C1itCU1'f COU~t~i
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I7iu hwra~r,cn~ prrpa,rd by: william F. Willes, of U R n P~ j~~~
~ Willes, Bittan & Griffin B001(~~~j 1 ~
~ A~I~Ire~s
~ P . O . Box 309 - _ _
~ Fort Pierce, Florida 33450
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