HomeMy WebLinkAbout2172 A ~
an~ sha~~ per~orm, comp~y witl~ and a6ids 6y a~J ei~ery t~e agn~+n~nts. •fipu~afioni. condlliona nnd
rn~~eRa~1s ihereo(, and o! this mortgage, ihen ehis mortpage and ths e~tate her+rby cronted, sl~all cYas~, d~-
te+mtne and bs null and~i~oi~~. -
~IIW ttip mortgagor heruby juriher rnuenunfs and agreea lo pay p?~ompllr wl~~n dw fh~ prtncipol and
inleres! nnd olhe~ sums o/ mo~ey p?~oi~idecl /or in sai~ nole and th~s morfgage, or eif~er; to pny ail nnd
siiigu~a? Ihe fa.res, assessments, ~evies, ~iabi~ilic?s, o6~Fgationt, anc~ encumbnances o~ every nalure on said pro-
pe?Iy: to p~~mil. commit o~ su/~e? no u~aste, impairment or deterio?ntion oJ :atd la.~d or !ke improvementa
fhe~+ecn of any fime; to ~~p ftie hui~ings now or tie?ra~lc?r on ~id b~d Ju~~y insure~ ln 4 aum o~ not ~ess
f~an
in a c~ompany or companies arrnplab~e fo Ihe mortgagee, Itie po~tcy or po~tcies to 6s I~eW 6y, and ~~ro61.
to, sai~ morfgaqee, un~1 in fhe e~~enf any siun oj money ~~omei ~xi~bt~ 6y ~irfue o~ suc1~ insurance t~e
morfgag~ stia~~ tiave i~e rigtit lo ?pceive and apply fhe same to ll~s inde6tedness I~ereby aecured, acrounting
fo t/~p mo?1ga~or jo~ nny surPlus: to pny n~~ rnsfs, c~anges, and_expenaes, inc~uding ~au~yers fees artd tif~e
searches, rpasonnti~y incurrec~ or paid 6y tke mortgagee hecause of the Jai~uro oj the neortgegor to pwny~l~y
nnd ~ully comply witl~ the ag?eemenfl, sfipu~nlions, condifions ane~ coi~ennnls of snid note and f~is moHgags.
or eif~er; to per~orm, comp~y w~rl~ a~d a6~de 6y ~~I~ anc~ every the agreentents, sfipu~attons, conc~ifions aAd
cuvenants sef ~ort~ in said note and I~is mortgags or eittie~. In ttie event the morfgagor jnt~ to pay whsn.
due nny ~az, assessment, insuwnce premium w otber sum oJ money ~ya6l~ 6y vi?tue o( snid note and t~is
morfgage, or eil~er, fhe mortgagee may pay f/~s snme, wiltiouf wniuing .or nJfecfing the oplion to (orec~ose
or nny ot~er ?tgf~l herPUnder, an~I aII sucl~ puyments shall Gear interpsf ~rorn date tl~ereo~ al the titgtiest ~aw-
~uI rate fhen allo~u~1 6y Il~e laws o/ Il~e State o( Flwidn.
any sum o~ money {~erein re(er?e~ to be not prompt~y paid wifhin ttl~Yty days next a(tee
tl~e sume 6ecomes due, or i~ each and euery t6e ngreements, stipulafions, rnnditioru and eovennnts o/ said
note and this mortgage, or eitl~er, ure not Jully per(ormed, eomplied with nnd abtded by, then the enlire
' sum me~lioned in said note, and tl~is mo?fgage, or the e?~lire balance unpaid then?on, skall jortl~with or
11~erea(ter, at Ihe option o/ the mortgngee, 6ec~orr~e nnd be dus and payable, nnyll~ing in anid note or l~ea~ein
to t1~e rnntmry notwitl~.stnnding. Failri~r by the morfgagee to exerrise anr o~ t/~e ~ig~ls or opfio??s herein
provided s~a~~ not consfitufp a waii~er oJ any ?ighls o~ opfions under sai~ note or t~is mortgage ac~crued or
I~ierea(!er accruing.
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. ~n ~l~~ tl~e said morfyagor I~as ?~prrunto signed and sealed these present: the
daq und year ~int abore u~riffen.
Signed. sea anc~cleli~~ered in the prese a of : i j
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STATE OF FLORIDA, ~ SS ~
cou~rrv ~F ST. LUCIE
- l HEREBY CERTIFY tl.at on this dar~ beforr me~ an
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o((icer duly authori:ed in the Stat~ aforesaid and in the Countq afonsaid to alcr ackuowkdgmenb, penonaliy appeared
WILLIAIyI B. FERRELL, SR., TRUSTEE _
to me koown to br the penon described in and who eze~cutnl the (~r~qoin~ instrument ~~a he acknowkdRed ~
betore me that ~"1@ eacecuteel the ume.
N I711tESS my hand arid of(icial seal in thc County and Statr last a(onsaid thu .S~ daz d
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A. D. 19 71. • f y~,. ' ~
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• ~ . . '--....'-~..•---..:l..... -
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2~1522 Notary Public, State bf ~ Fldrida`
at Large. ~ o ,
F~_ze =fc:ao~o My commission expires=•~;~,~,~-.~ ~ ~
st ~v;.~_ ~auM-r ft~ 1
aOCEF -RaS ~ . .
CIERK GI~;,l;17 CtURT
RECO~n YE=.+f±EO~-
Jul 6 2- S2 PM'1 I
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ly,u hwn~~,~c,ri p,rparrd by: ~ERALD $.1AME$
A~l~Irru n l~
P. 0. Box 3089 ~ k
- fert Pieroe, florida 3345p BooK l~c Z1.?Q