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HomeMy WebLinkAbout2587 and shnll per~onn, comp~y with and a6~d. by ~1~ ~d erery t~e agreements, ~tipu~atioru, rnrtditloru ond covennnts thereo~, and o~ tkia mo?tgnge, then tkb ~nwtgage and the estnte k~rebr created, sD~all c~eaae, dt- termine and be nul! and uo1d. ttie mortgagor ken+by f wi{~er couena~ts ond ngrees to puy promplly when clue fh~ principol an~I i~terest ond ol1~e~ suma o~ money providecl fo~ ~rt said note und Ikis mo?tgage, o~ either; fo pay nu and sinflu~ar t~e tnxes, aasessments, ~evtes. ~iabi~ities, ob~tgafions, and encwn~rnnces of every nature on snld pro- perty; fo pennit, eon~mit o~ su~~er no u~aste, impairment or deterio~ation of sntd bnd or tha improvemenb thereon at nny time: to ~eE?p 1he 6uildings now or herea~te~ on said land Ju[ly insured in a sum oj not lesa ~ka^ $15,000.00 in fire and windstorm insurance in n company o~ compantes acceptnb~e to t{~e mortgagee. fhe pojicp o~ po~fcies to 6e keld 6y, and payab~e . to, said rnorfgagee, and i~ f~e evant any sum oj money becomes payable by virtue o~ such insurance t~e mortgngee skall have tke rtgkt to ?eceive and upply !he sane to the inde6tedne~a here6y ~ec~ued, at~counting to the mortgago~ ~or any aurp~us: ~o ~y atl c~os~,, chargea, and expenses. inc~udtng ~awye's ~ees nnd tit~e searches, reasonnbly ~R~~~..ed or ~~d 6y ehe ~o?tgaees 6ecnwe oj ths jailure oj the mortgagor to promptlr and Ju~~y comp~y uvifh t1~e aA?eemenis, stipu~utions, conc~itions and eovenants oE said note and thia mortgoge. or either: to pe~orm, comply witl~ and a6ide by eac1~ and every t~e agreemenb. stipu~ations, oonc~itions and covenanta set jorfk in said note and t~is mortguge o~ either. In the event fhe morlgagor fai~s to poy when d~ ~r t~r, assessment, insurance premiurre or otker sum of money pa~rn6le by vfrtue oj sai~ note and this mortgage, o~ either, tl~e mortgagee may pay the snme, wtthout u~atving or allecting tke optlon to Jo?ecbse or any ot{~er right F~ereunder, and all sucl~ pnymenta shall bear interest ~rom date thereo) nt tl~e higF~est law- . ~ul rate tl~en allowed by tl~e lams oi the State oj Florida. ony sam of money herein ref e?recl to be not promptly paid wieh~n 7 days next ajler tF~e snme becomes due, or ij earl~ and euery fl~e agreements. stipulntions. conditions and covenanta o~ anid note and t~is mo~gage, or eill~e~, are not ju~~y pe~onnecr. compked with ancl ab~ded by. l~ten the entire :um mentioned in said note, and t~is mwtgage, or tke entire balnnce unpaid t1~e~+eon, shnll ~athwit6 or thereajter, at the option oj t1~e morlgagee, 6ecome w~d 6e d~ and ~yab[~, ARyIhIRQ tR f~ IIO~e Or ~BI~BtR to t/~e rnnlrary notwitkstanding_ Failure by tl~e mort9agee fo exencise any o( fhe rig~ts ur optioru herein pmvided s/~a~~ not constitute a u~aiver of any rig~ts or oplions under said note or t~is n~ortgage accnied or thereaJte~ accruine. ~n ~itness ~hereof~ fhe said mortgagor ~os ~ereunlo signecr anc~ aea~ t~ese presenls t~e tjay an~ year ~irsf a6oue u~ritten_ _ Si , sealecl and deli~~ered in tl~e presence o/: , . - - - - - • - `~..2(~~ ~ ; ~ , - . ~ - ~ ~ . - - - f - FtLED D RECORDE ~ . r.-...l.;~u1~..;: ~Ui:_TYr.FI:~- ~ . ~ . _ . , - - 'f~ KAY 2~ 2: 14 ' 1~3~,,~; " ~ ~~i~;Taw.s STATE OF FLORIDA. ~ ~ t=,~ h: L~ i. ~J U~T courrrv oF St. Lucie I HEREBY CER"TIFY that on this day~ before me~ an ofticer duly authorized in the SWte aforcsaid and in the County atoresaid to tak~ acknowkdgments, personally appeared Geor~e C. Barley and Bobbie J. Barley , his w~fe, ~ to me known to be the prnon S deuribed in and who e:ecuted the (orcgoing instrument and Wh0 ackrwwkdaed ~ be(ore me that they cxecuted the same. ~ WITNESS my hand and of(icial seal in the County and State last aforesaid thu 26th d~r ~ ~ May A. D. 19 7 ~ , ~ ~Git~G . ~ ~ ~ ~ :,to:ary Pubi:c. S1ek of Plarida at Larqe ~ .;.1~~:~,,;- ~ ~ . . . ,r?„ c~~~~ ~ 1911 ~ . ; r,,~ ~r ~nrs. frrat~.Woc ~ ' ti'; i:.., .y . = t - , : L. - -yj.~~'i~ R _ - i'~_ . i ~'L _ ~ 'i :Q''.' n' ';~C - ~ i . ~ '.•.OG' .f~„~j ~ . n:.. ~ SZ ~ Tlus I~utnu,r~»~ p,rpnm~~ !y: Pfepared by: Fran~Cftb' A,"~e~ ~ FOr~ U R ~1U ~ ~ ~ A~f~lmu Pierce~ F~ BOOIC 3U~ PAL'f~~~ ;:x ~/i ° G~.`"~- • " ~v ~ ~ _ . - - ~