HomeMy WebLinkAbout1101 an~ shall ~rjrxm, romp~y u~ilti an~ a6ic~s 6y ench a~d eiwry ihs ag?e~w~~nfs, sflpu~atlons, co~diilunt at~
cc~~M?~anfs Il~prPOf, an~ o~ Itiis morf~a~r, I~rn 1{~is ~norfgap~ nnd Itie eslufe bersby rn~nt~, aka~~ cew~, d~-
fprmine antl Ge~ nt~~~ ant~ ~wie~.
~d Ihe ~nart~a~tQ~ I~en~hy ~urthK coi~e~anla and ae?ess to par prompfly when duv th~ principol n~d
i?~ternsl ana ol~~er sums o~ money p~+o~~i~ec~ lo~ in saic~ nofs and Itils ntorfgag~. or e11~Rr: to pay a~~ and
singu~ar ftie ~A.YPS, ass~ssmnnls, ~eoirs, ~1ahi~tli~•:, oh~tgaftons, and rncumtiron~ss o~ pVll'y Ralltf! Of1 iA1d Pf0•
perlv: fo ~rrmtf. commif or suj~rr no u~asfe, impairme~d or creferio~ofion o~ said land or Ihe tmprovemenb
Itipew•n af A~IY III?IP; to RPP~I I~P huildinns nou~ or tie?w~~tPr on cot~I Iancl ~u~~y insu?e~ tn a sum o~ ~ot ~ss
~I~an None ~
in a ~-ompany or i~ompaniNS accrplati~e lo Ihe mwfgapee, 11~e po~tc~r or po~lcies lo hs I~.Id br, and pa~w6ls
to, sai~ morf~aq~, an~ in I~p PI~PIII any sum o~ money ~~mPS ~yobl~ by t~IMue oj sucti iruw~oncs f~s
n~orf~a~.~ stia~~ {~are Itie ri{~hf fa recele~ ona apply Il~e same to tl~s indebtedness hero6y secund, acrnunti~g
fo Ihp inort~n~tM ror any surplus; !o pay oll c~osts, rha?pes, and expenses. i?tc1udlnp lowye? i jaes and Ii1Ie
s~n-I~~s. .poso~~~hly inc~~r?ec~ or ~xii~ tiy ine mortgngee (~P('al~SP o~ IRs fni~ure o~ fh! morfgagor to prompfir
an~ (ully romplv u~il1~ the agr~ments, slipu~olions, ron~litions and conenants o~ soicr note an~ Itiis rnorfgags,
or eif~er; fo pe~~orm, romply u~ith a?id abide by e:ch an~ Pt~P~t Illp agreemenls, slipu~tiona, eondittons ant~
roi~pn~~~ls sN1 jorth in sutd note and thla mortgage or aither_ /n tk~`event Ihe mortgagor /aib to pay when
Ji~e any fax, assessmenf, insumnc~? premium o~ otl~e~ sum of money paya6le b7r ni?(us o( sai~ nole and Ihis
morfgagP, pr PII~Pr, Ihp mortga~ep may pay ftip same, u~ithouf u~atving or n~jecling Ihe opfion fo lorec~ose
or any olher rigl~f I~e?vuncler, and all suc~f~ puyments s1~all 6ear interpat (.om da~p ~he.~~ at the higl~eat lau~-
(ul rate Ihen al[o~aed by fhe lau~s o~ thp State oJ ?=lortda.
any sum o( money {~e?pin re~erre~( to ~e not prompf~y paic~ withi~ 0 daya ~ext aJftr
fhp same bcK-omes due, or i) e~ch and ei•ery Ihe agreempnts, slipulofions. rnnclitions and c~ovenants o( said
note and tl~is morlgage, or ~itl~er, are not /ully per/o?med, complied ~oil6 and abtd~l 6y, then Ihe eniire
sum mentionpcl in said nofe, nnd tl~is mortgage, or 11~p entire 6alance unpaid thereon, shall /orlhwith or
Itierea~ter, at Iti~ oplion o( ftie morfqagpe, b.c~ome nnd 6e due nnd paya6le, an~rt~ing in said note or ~erein
fo I~p confrnry nofu~ifl~stundinq. Failure hy fhe mo?fqapee lo exerrise any of Itie rights or opfions ~erein
pronit~PCI stia~~ not ~onslifutp a u~uit~pr o~ any rig~fs or options under said note or t~is morlga~e acaued or
f~prnajler nccruing. -
jn ~~~Il~ ~1~[[~~l the said morf a or has I~errunlo si npcl nn~ sPaled Ihase sents the
T~i3S IS A BAI,I.C~N MORTGA6E ~ID 1'~ FINAL PA~fMENT OR
~a~tl~~ IIOE~UPOI~Y'~~URITY IS $8 ~ 500. 00 TOGETHER WITH ACCRUED INTEREST
~ AI~D A~. ADV~CE~TS MAD£ BY T MOR~AGEE UNDER THE TERI~S OF THIS MOf~TG E.
~gnP SPA P ana e i~*e o~ f~e prespnc-g o:
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S"CATE OF FI.nRIDA. ~
COC\TY OF ST. LUCIE
~ 1 HEREBY CERTIFY that on this dar, beforr me, an
~ offi~er dul~- authorir~d in th~ Stat~ aforesaid and in the County afor~said to tak.. ack~awkd~menu, prnonallr appearrd
~John J. Terwey and Dortha L. Terwey, his wife,
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~ to me known to br the person S drscribecl en and who ~~~ruted the (or~qoin~' ~nstrument and they acknowkd~ed
b~forr m~ thst they ~xKUted the same_
~~~17 \ESS my hand anci of(i~ial sral in thr (:ounty=and ~uu• {ast a(or~said this day of
~ .-a~ D. 19
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; ' : „~N; RECu~ F~~ Notary Public, Stzt~ of Florida
Y at L e
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jaC~$~aT ~ _ S I;
• j.~ :,:~fo~ Co,imission Ex
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~ %%n+ /nr~rrinii nl rnrriir-~/ y: Els ie M. 0' Laughl itt ,
i Z07 South Second Strc=et
; Fort Pie rce , Florida ~ Q~~~
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