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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/: ~ ) . ~~e~ ~ - - - - -.-G!/.---- - - - - - - --~W-- ---Q~~---------------•-----------•--- - . • . ~ es W. Fair - - ~ - - - ay . ~`air. ~ ~ [ ! f ~ 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 ~ • ~ ~~"i,Q~1 A. D. 19 7O. ~ I n i :-T - i-, _ . . ~ _ . ~11i1.1[i!/?f~~ ~ I ~ 1~~`~~~~,, : • ~~Ep~ p,NO RECORDEtf,. - . - a--••-- _~r ~ ~ LUCIE COUN~; Y• F~A• Notary Publi , State of Fla. t - . . • NRY ~ ~•RF pRC f1ED ~ . ~ , ~ ~ g ° : ~ ; . ~ ; ; ~ Lar e ~ ~ ~G4•~p v ; W~ - 1913~~ My Commission Expires: ~ . , ~.2 / ~ ' . Pv~`'..i: :'i0 MNR 23 PN ' / ~ , : : . . ~ . ~ ~cA..,. ~ • ; . ~ .<P~~~..~ AS ~ , ~,~~?:ti~,:,:~~ . ROGER POITR ~ ~ CLERK C1itCU1'f COU~t~i ~ ~ t ~ ~ ~ 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 ~ ~ - _ ~ ~ , ~ . : ~ ~ ~ r~~