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HomeMy WebLinkAbout0664 an~ shall perform, comp~y wifti and a6~cJe by eacti and ei~ery t~e agreemenls, alipu~nfion's, conditioru and corenanfs thereo~, and oj Ihis mortgage. lhen this morlgage and the estule here6y created, sl~all cewe, de- lermine and be null and void. ~ ~nd thP mortga~or her~~by ~urfl~er rnuenants and agrees lo pay promptly when due fhe principnl and infenesl anc~ ofhe~ sums o~ money provided jor ~n said note and fhis morfgnge, or either; to pay a~~ and singular tl~e tn.res. assessments, leuies, liabilities, o6llgations, and encum6ronces oJ every nature on said pro- perty: fo permil, commif or su~jer no waste, impairmenl or deferiorofton o~ said ~and or the improuementa fhprecn al any lime; to ~PPP I~P bui~din~s nou? or herPa~t~r on saic~ ~nn~ ~ully insurec~ tn a sum o( nol ~ess thaR the highest insurable value. in a company or companies accepla6le to the mortgaflee. Ihe policy o~ policies to be hPld 6y, and paya6le to, ~aid morlgagee, and in the event any sum o~ money 6ecomes ~yabl~ 6y vi~tue o( such insurance il~e morfgagee sl~all have the rig1~t to receive and apply Ihe su?r.e to the indebtedness here6y secured, aceounting to fhe morfga~or (or any surp~~u: fo pay aII cosfs, cha?ges, and expenses, inc~uding lawyer s~ees anc~ til~e searrhes, rpasunnb~y i~curr~c~ or ~~d 6y ehe mortgagee because o( the (ai~ure o( f~e morlgngor to prompt~y nnc~ jully comply wii~ f{~e agreemenfs, sfipu~ations. rnnc~ifions and covenanfs oj said note an~ fhis morfgage. or eilf~er; fo perform, comply with nncl a6ide 6y each and every ihe ag~eements, slipu~ations, condifions and coi~ennnts set (orlh in said note nnd t1?ts mortgage or eitl~er. In !he event the mortgagor /ails to pay when due any tux, nssessment, ins~irance premium or other sum oJ money paya6le 6y nirtue o/ said note and this mortgage, or eif'~er, f~e mortgagee may pay fhe same, withouf waiving or aJ(ecting the option to jorec~ose or any o11~er ri~{~! {~erPUncler, and a~~ suc1~ payments shal~ 6ear inferesf !rom date Il~ereo) at the F~ighest ~aw- f u~ r~te Itien n~~owec{ hy t{ee ~au~s o~ fhe $fafe o~ F~ori~a. ~L any sum o~ money herein re~PR~ IO be not promplly paic~ wifhin 3~ days next a~ter the same becomes due, or if eac1~ and every the ag~eements, stipuletions, condifions and covenants o~ said note an~ this mo?~gage, or eitleer, are not fu~ly performed, compliecl wttl~ and a6~ded 6y, then the entire sum mentioned in saed note, and this morfgage, or t{?e entire bn~ance unpaid thereon, shnll (orthwith or tl~ereaf ter, at the option oj the mortgagee, 6ecome and be due and paqa6~e, anyll~ing in saicl note or herein to i~e contrary naiu~ithslanding. Failure by tl~e mortgagee fo exercise any o~ fhe righls o~ opftons ~erein prov~cled sha~~ nof constilule a u~aivPr oj any rig~fs or options un~pr sait~ nofe or f~is mortgage accruec~ or Itierea~lpr accruing. ~n ~~Ul~s ~h~0`~ the said mortqngor tias {~erpunlo signec~ antl sPaled lhese presents the ~ay an~ year ji?sf ntiove u~ritlen. $ign~qc~. sea~p~ an~~e~i~~erec~ in t~e presence of : _ / ~ ' . / ~ 4 ' ~ . ~~?!i?s.'~~... G~C~-~=-~-- - - _ - 1 . ee . ~ . ~d • Y y ~ CC~,v ~ ~y Y~- ` _.~.t.r',.-4s~L...- --~T-- . .~~----t - ---1!......._. - - " , . - - " Eunice M. Neely ' - - - . . . . - i - . . - - - - - - - - - - i ~ ~ ~ ~ STATE OF FLORIDA, ~ c.c~L~'TY OF ST. LUGI~ I HEREBY CERTIFY that on this day, be(ore me~ an of(icer dulv authorized in the Stat~ aforesaid and in th~ County aforcuid to take acknowledgments, penonally appeared Neel;;- an~ ~unice M. Neel:~, his-~ri.fe,_ to mc known to be the pe-rwn S described in and who ea~cutcd the for~QOinQ irstrument and they ~~knowledRed ~ b~forc mc that Lhey ~x~cuted the sa~ne. -~v ~ \117'`ESS my hand and official seal in thc County and Sute last a(or~said this 22n~: s:~". da7r o( ,:-r n•..~; , ~ `,~~~.,~~~~Nn~,;,~. eptember A. D. 19 70 ~ ~ILEO AND RECOR~E01,~ ~ t:~'~t ~ ~ , ~ • v~~ ~'p ~ r,~ , ~ ST. LUCIE COUNTY. FIA. ~ . -~~.~.L ~ ~ : _ Y:;_ ~ ~ ~••r ~ • ~ ~ ~ ?t~ ~OPn ~~FRtFIE~ Notar;;r Public - ~ ~~~t~~..~'4k}`f;.t- _ - ~ y My Go;nmission ~xpirest= 4-- ~:t ` ~ _ 3, _'6 ` : r- '~'i.~' ' ;i:3~ - ~ - z ~ ~:.t h 4:. _ ~ i. ~ ~ ~ 2 i ~ ~•~(.y~ '/~s~r~`~?~:~•'~l:J~ c p 23 dM 9 S ~ '10 .,E suc~ o~ ~e~ ~ . ~ ~•`~~~.1 / My Cas~s,oa Expres Oct. 3. 19I3 ~ . 1 ~ : S : J t ~ ~~OGCN f°OITRAS ~,aa.. r~.. ~ c.,..r. co ~-.~.:'u„~~,.,,;.~1p,~~:~ ~ ~ - ~ CLERK CiRCUIT COURTi ~ ~ 1%ru I~uMtm~•~r~ r~ urr~d b: °1"'"~~~ PP y _ . `+~~~1~.~ THIS INSTRUMENT PREPARFD BY~ walter F• D8V1S ABSTRACT 8c TITLE CORP. OF FI.A. ZO8 S. 2fvD 5T. FORT PIiRCE, fL01lIDA _ _ _ . _ . _ .'F _ - ~r;~r.""~±=i~-n.~cas,a~ ~.w'~