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HomeMy WebLinkAbout0387 ~ ~ ~ an~ shall perJorm, comply u~if~~ an~ ~bida 6y each anc~ every f~e agreemenfs, sUpu~alion's, condifiona and ~ conenanls IhPreoJ, and aj this mort~ape. Ihen t{~Is rnwt~age and the Rstate here6y c?eatetr, shall cease, de- ( termine antl 6e ~uII ant~ void. ~ ~ tl~p mo~lgn~or he~~+6y (urthe~ covenanls a~d egrees to pay prompfly when due the prtnc~pal ond } internsl ancr olher sums of money provided /or in said aote and thi: mortgage, or e!l~er; to pny a~~ anc~ singu~ar Ihe fa.res, assessments, ~evies. ~1a6ililiPS, o6~iQafiuni, nnd encum6rances o~ every nature on aaid pro- perty: lo permif, commit or suJf er no wasle, impai~ment or deterioration o~ said ~and or the improvements 1F~erncn at any tim~: to RPPP IhP 6uil~Itn~s nou? or IierEw/ter on said lnnd ~ully insured tn a sum o~ not less than nil in a company or compani~s QMP~)IQI~Ie to the mortgap~e, Ihe policy o~ policies to be held 6y, and Poya6[~ to, said mortgaAee, nnd in Ihe event nny sum of money becomes poya6l~ 6y virtue o/ such i~sumnce the mortgagee shall hai~e the rigM lo rece+ve and npply Ihe same to t1~e inde6tedness he?eby aecured, accounting ~ fo Ihp morfgagor jor any surpltu; to pay a~~ costs, charpes, and expenses, including ~awyer s(ees anc/ lit~e seanches, rPnsonn6ly incun~erl or ~~d 6y ~hp mortgaAee because o~ the ~ailure o/ the mortgagor to promptly anc~ ~u~~y comp~y wilh t1~R agreements, sfipu~afions, con~ifions anc~ covennnfs oj said note and this mort9age. or eilher; to per~orm, comply u~i1h and a6ide 6y each nn~ every Ihe agreements. alipu~alions, condifions and covenanls set forlh in said nofe anc~ Ikis morfgage or eil{~er. ~n t~e even! !tie rnortgagor ~ai~.s fo pay when due any tax, assessment, insurance p~emium or othe~ sum of money paqnti~e Fiy virlue of sai~ note anc! t~is morlgage, or eit~~er, t{~e mortgagep may pay fhe same, ivit{~out wniving or a~~ecling Ihe option fo jorc?c~ose or any ot{~er ri~hl herpuncler, nnd all such payments shall 6ear interest (ronn date ll~ereoJ nt fhe higtiest lau~- ~u~ rale Ihen al~ou?ecl by Il~e lau~s o~ Ihe State o~ Florida. )l any sum oj moric~y I~erein re(PR~ IO be not promptly pnid within 30 c~aya next n~ler thp samp becomes due, or iJ each anc~ every ttie agreements, stipulations, conditions and corenanls o( saic~ note and t{~is morfgage, or either, are not /ully per(ormed, compliecl wit1~ and ab~d~l 6y, then the entirE? sum menlioned in said note, and this mo?tgage, or tF?e entire bolance unpatd lhereon, shull (orthu•ith or thereaf ter, at Ihe option o~ the mortqaflee, 6ecome and be due and puya6le, anything in said note or herein to ihe contrary nolu?il{~slancling. Failurn ~?y the morfgagep lo exercise any o~ fhe rig~ls or opfions ~erein proi~ic~ecl stia~~ naf conslilute a u~aiopr oJ any rig~fs or opfions under sai~ note or t~is morfgage accruetj or . f{~erea~lnr accniinQ. ~n ~~lfl~ ~II~L~~I~ 1{~e said mortgngor {~as hprPUnto signpd and spaled fl~ese presenfs the c~ay anc~ year ~irsf atiot~e inritlen. Signpcl, s~ ancl clpli~~ered in 1{~e p? sv?e of : ~ L . . . ...--.-.~~..'K.-~- - . . ~ ~ prv$1~L She ton ~j~_. _ ~ . ~ ~ - - ' - . . i i ~ E C ~ ST1TE OF FLORIDA. COC'\TY OF SP. LL~IE ~ ~ 1~iEREBY CERTIFY that on this day~ bcfore me. an o((icer duly authorized in the Stat~La(or~said and in th~ Count~ aforesaid to tak~ acknowled~menb~ penonallr appeared ORVAL~SHELTON~ a single adult, ..`•.:,'tc:tsir~r~ffr, ~ ' ' ? to m~ know•n to hc the person d~uribed in and who ~aecut~d the forc¢oinq instrument stild ' 21i@:.,~aeknowrl~ed I bcforc me that he ~x~cuted th~ same. - . ~ 1~'iT\ESS m~• hand anci official seal in thr Countv and Stat~• last aforesaid this = ZSkZl ' das o~ ~ . j AUgust :1. D. 19 71. = ~ _ . ' . . . . /c, . ~ ~ ~ - - . . , - / w . ~ • • .1~-4 :.fr~-.7.L_.... ~~l , - r ~ "•-:r: . ~ i1E~~~ f1.~• ~ ~`~0 ~r ~~ux~r~s ~ Not,ry PYb~c. St.te oi Florida at tary~ ~ S~ ~VC~f~ ?~.~R~~~pS 1~ Caa.~sswe ~pre: Oct. 3. 1973 ~ R~G ,nQiv?S MaNd Ir Aw~~r.un iw a C~swk~ Co R~C~E~v~R.F~E~ ~ ~16 e~ 21~s~~' . - i '~I//J IiiS/f!/!/!f/JI p1ff1(1/1`'t! hy: ~ ~ , 1`/~~~ THIS INSTRUMENT PREPARFD er: Walter E• DSY~B ~j~ ~ : ~wa ~L / i ! sf ABSTRACT & TITLE CORP. OF FLA. ZOd f. 2ND ST. FORT PIERCE. FLORIDA ~ 1 ~ v `s r4; _ ~ t