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HomeMy WebLinkAbout1232 a~id shall pr?~orn~. rurnNly wi11~ and ab~do 6y ewcl~ nnd e~~rry f~~ ag?eemenls. atlpulationt. cw~dilions and nirenants 1{~rr~l, an~ o~ Itiis mo~t~agp. I~p~ thit murfpnp~ and tl~~ esla~e I~sntir cnaf~, sha~~ c~we, d~- fprmiue en~~ ~ na~~ anc~ ~wi~. Z11LY 1{~p mwf{~a~or ~~Pr~•hp ~urthp~ rni~ena~~Is anc~ ag?se! fo pa~r promptly u~tien ~ue Itie prinripa~ nnd inlernsl ancr olhe~ sams o( money proi~ic~ec~ jar in saia nofe and ftiis morlga~e, or etftisr: fo pay a~~ ond sin~ula? t1~P l~xrs, osspssmrnls. I~virs, 1inGilili~s, o6ligations, nnd encum6rnnces oj eae?y nature on sntd pro- ~?ly: /v ~rmit, rUmmil or sn~ler no u~asip, impai~mrnl or aeferio?alion o~ said land or Ihe impwt?eme~la IhrrcK•n a1 nny Iimr; to Ierep thp buil~lin~~s nuu~ or hnrrafl~r on ~aid land (ully insiur~I in u sum o/ not less t{~anTMrenty Eou~ Thousand and 00/100-----------------------------~524,000.00) in a nom~ny or .~m{wnies accppta~,~e !o f~e mwt~ap~e, ~Ihe po~icy o~ po~icies fo he he~t~ 6y, ant~ pnyab~a fo, sai~ ~wfqaqsr. an~ in Itie ei~nf any sum oJ money 6ecomes poyabk? tiy virttur o~ such insurancs ftie mortgag~ shall f~ui~e the ?ight to re~aei~~e and apply Ihe same to tl~s inde6tedness I~err6y secu?ed, acrou~ting fo t~e mortga~or ~or any su?plus: fo pay a~~ c~osls, CIIQ?~PS, and expPnses, inc~uding ~awyer s lees and Iil~e SPQ/~l'ItPS. ?PASO~1(~h~y incu??pc~ or {wi~ ~y ftip morlgagee tiecaiup o~ f~e jai~ure oJ ftie morfgagor fo prompl~y an~ ~u~~y romplv u~ill~ fl~e ag~PPments, sfipu~alions, con~itio~s nn~ coi~nanta oj said ~iote oad ti~ts mortpa9e. or Pif~rr: lo per~orm, rn~nply u~ilh und a6ide by eacl. and enery the ag?re~nenfs. sfipu~afiont, eoncliliont and ror.•nants s~t ~orlti in said nofp and ttiis morfgnge or eilher. ~n Ihe Pl~Pl1I lIl! MOI'IgnAOr (ni~.s to poy ut~en du~ any ta.r, nssessmPnl, i?~.surance p~mium or oihr~ sune o~ money ~y~61~ by ~~irtue of said notp nnd this neurfgagp, o~ ~iff~rr, ttip mo~fgapQr may pay ttie same, u~iltiout u~eiving o~ a(~rcling t~e option fo ~orec~ose or ony oll~er ~iglit I~r?puniler, an~ all sucl~ paymnnls :1~aII 6enr infe?est from date ll~ereo) ul the tiigl~est ~aw- (ril rate Il~pn ~llotv~~l by 16e ~~ns o/ the Stafe of F~oritrn. l~ o~:y sum o~ money tie~in re(prr~ lo ~,e nof prompl~y pai~ wilhin 30 dny: neaf a~ter t6e sam~ hw~-omes du~, or iJ eacl~ Qn~ eoery fl~p agreemenls. stipulalions, condilions ancl c~ovenants o~ sait~ notP an~1 If~i~ morina~~P. or PII~P~, Arp not f ully perlormetl. t~omp~ied u~iih and abided 6y. the~ the en~~rr SUI?1 M!?I~lOf1P~ ~Il Sat~ /IO~P. AR~ ~~IS morlgapp. O~ ~~p Pt1~IM O~~Ce unpaid ~rtPI+P011. S~Q~I ~Of/IIW1~~! Ot tl~prec~jter, at tti~ option o( 1hp moNga9e~e. 6et~ome aRd be dup nnd ~~w61~, nnything in said nole or herein fo I~~P confrary nolu~ifl~stnn~inq. Failare ~y f~e morfgogee to exercisp any o~ Itie rigtifs or optioru {re?ein pro~•iae~ stia~~ not conslilulp a ~oainpr oJ any rigtifs or oplions unc~er sai~ nofP or f~is martgagP accrueil or ftiPn•a~lrr ai-cruing_ ~Q. ~~Ol~ 16e said morfgngor tias I~ernunfo siqnal and spaled fhese presenis fhe ~lay an~ y~nr (iisl atio~•e ~rrillen. SIQlIP~. SPp~P QIIfI ~PIII~PlP~ M ~/IP prCSPIICP O~: ~ . : ~ , : ~ ~ / . ~ h ~ ~ « • . . . ~ ~~~~~:4 . . . --~--~!cst~..-----... : - . ~ . i ; ~ E. 8. Ni chol.s i . - _ / ' ~.C~.'.V.... . . - - ' . f AOEa - .....f.ttLP Ak ;,RECO - . . . . . . _ . . . . - - - - - pU*~V~f11._.-~--•-• - - - - ~ ST lUCft ~ , ~ c ~ R~Gc~_r`tj COURj C ~ - . . . _ . - - - - _ . .............__CL~6'.`= -`-=~=~p - 's • pEGC~~ ~ .E ~ i ! J~~ 2~ tl lo AM'11 ~ ~ ~ ~ STATE C)F FLORIDA, ~ i~~ ; cc~t'~~n- c~F ST. LUCIE I HEREBY CERTIFY that oa tl:i: day~ beforc me, an ~ offi~~r duh• authuriz~d ~n th~ Statc a[or~said and in th~ County afor~said to tak~ acknowkdqment;, prrsonslly ~ppeared ' ; ~ E. 9. MICHOLS • - , ~ to m~• krww~n to !x th~ prrson d~scribed in and who eaerutrd the f~rr¢oinq instrument and f1C acknowledRed ~ befor.- me tt at he ~:~cuted th~ samc 1 N IT~ESS mv hand arxl ui(icial sral in thc County and Staa• last a(oresaid this ~,3.~ dap o( i, . J • . j : ~ ? ~ ' ' ~ '1 ~ 1 • : D. 19 ]1 . _ i - • ~ . . , ' ' ~ l ; . . . ~ . ~ , _ , • - + • - / . ~ ~ • ' , . .r . ~ - ` ftC`.i.t} ~ ' ~ . Jt Li~Q! I , - - My C.;~ : . , . ~i,147s . . _ 2,, r _ . . . . .:t i lc. ..i ~_a~-~y ~ - ~ ; ~ ~ , ~ ` %7i~~ /us~rr~mr~rl ~npm~l hy: E1 s i e M. 0~ Laughl i n ~ ~ 207 South Second Street ~~1~ ; j rs>i I P. 0. eox 3405 Fort Pierce, Ftorida-33450 -~„y~ - -