HomeMy WebLinkAbout0489 and sliall prr(arm, ~•omply u~ith nnd nhidc? !~y pa~h and PI~P~y f~e a~reemenis, stipulationi, conditions and
co~~~nanls ~hPr~J, and o~ Ihis mortgape, thPn this mort~~f~P and the eafatP he?~by ~realpd, ahall cr~ue, d~-
fPrmiu~ onc~ ~~e nu~~ ant~ rui~~. _
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nn~ Ihe morf{~a{~or ~~~n•hy (urlher coi~enanfs and apreet fo pay prompt~y u~hen due the principal and
inleirsl am~ of~~er su?ns o~ ~nonhy provi~c~c~ ~or in saic~ note and Itiis morfpage, o~ eiftier, lo pay a~~ and
singu~ar f{~e laxes, ass~ssmpnis, ~~i~l~s, ~in~,i~ifi~s, oh~i~alions, and encum6r~ances oJ every nature on snid pro-
perly; fo p~~mil, commit o~ su~f~r no ~i~asf~, impai~menl or ~ele?ioratio~ o~ said lund or fhe impro~~emenb
1h~?e.•n a1 any fim~: lo ~i~~p fhe buil~lin~s noin or herna~l~r on said lnnd ~ully insiuc~I in a sum of nol 1e~s
Itian
in a campnny or ~ompa~~i~s accrpla6~e to Il~e mortgaf/ee, Ihe po~icy or policies l0 6e hel~ by, nnd payab~e
fo, sai~ morf~~ac~e~. antl in (IIF HI~PIII any sum oJ money hPCORiPS payab~e ~y i~i~fue of sucti insu?ance t{~e
mortgape~ sl~all hai~~ the ri~ht to receii~n and apply the sa~ne to the inde6tedness here6y secured, aceounting
to Ih~ mortganor (or ~ny surp~us: to {wy o~~ costs, c~arges, and expenset, including ~au~yer's ~ee~ and fit~e
se~rchrs, rpasonal,~y incurrn~~ or {wic~ hy 1/~e morfgapee ~ecause o( fhe fni~ure o( fhe mo~lgagor !o prompf~r
ane~ ~ully ~•omply u~itti Ihe a~rePmenfs, stipu~alions, condilions and covenants o( snic~ nofe an~ i{~is mortgnge.
or pilh~r, to p.~r~orm, comply with and abide 6y pach and et~ery the agreemenl~, stipulnlions, conditions and
coi~~nanls set jorlh in said notp and this mortgage or either. In the c~vent the mortgago~ ~ails to pay when
c{ue any fa.r, assessmenl, insuranc•P prPmium or ol~er sum o~ money payab~e tiy virlue of said note anc~ thia
morfgagP, ar eit~~er, I~~p morlgageP may pay ftie snmp, wifhouf u~aiving or aJfecting t{~e oplion fo ~orec~ose
or ~nv otl~er ri~l~t I~~rPUnder, arirl aII such paymenfs shall bear~i~ferest ~rom tlata fhereof at i{~e htghest law-
(nI mfe Il~~n a~lo~oe~l I~y fl~e la~ns o~ thp Sfale o) F~orida.
~L any sum oJ mon~y {~Prei?t re~prr~ fo tie nof prompt~y paia wiltiin 3~ c~ays next n~fer
fhe sam~ he~com~~s ~u~, or ij each an~ PPPIy ~IIP agrpempnls, stipulalions, condilions an~ covennnfs o~ saie~
?tole and this morlf~a~p, or Pither, are not /u11y per)ormecl, complied with and a6td~1 6y, ihen tlte entire
sum menfioned in said nofe, ancl Ihis' morfgage, or the entire 6alance unpaid thpr+eon, shall Jorthwilh or
fhereaffer, af fh~ opfion oJ fhe morf~agee, he~come and 6e due and paya6le, anyt~ing in saic~ note or herein ~
lo Ihp contmry notu~iflisl~ncling. Fai~ure {~y Itie mortgagee fo exercise any oj the righfs or options ~eretn
pro~~i~~ed s{~a~~ no! conslifutP a u~ainer o~ any ri~hls or oplions untler sai~ nofe or t{~is mortgage accru~ or
t~~erea(ler accruing. .
~n ~itness ~hereof~ t~~e sai~ morfgn,9or hns hpreunto sign~ un~ sea~c~ ttiese presenfs Itie
c~ay ~~u~ year ~inl A~OI'P mrifien.
Signpcl. sea~ed anc~ tlelir~rncl in IhP pr~s~•rice o):
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~t. E.a-f~ ~ ~ ~,~c.r t--_c:_~..... - ,v...-------~-~-----~ - ~
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J~l N B; 0 M, J.,.,
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~ OTTE A . OD M
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~14 46
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6T. LUCIE C?UMt~~.
~ ROCER POtTR~3
I CLERK Cs~cu~T ~qURi ~
IIECORD YERiFIED.,.~,~ .P,~
i ~`1 ~
~ STATE OF FL(IRIDA, UCIE, ~ ~ ~M
~ cc~L~TV c~F ST. L
I HEREBY CERTIFY that on ehis day, beforc me~ an
o(fi~er dulv authorized in the Stat~ afor~sai~ and in the County aforesaid to tak~ acknowledgments~ penonally appeared
John. B. Odonr, Jr., and Chartotte A. Odom, his a~i,~+~.'~•,~,~,~'
to m~ knov~•n to bc the p~•rson8 d~xribed in and who executrd the lorrqoin}~ insttun~e~n~ t~~g~ .xknowkdsed
be(or~ me that theyex~cuted the same. ''j
~~'I1~\ESS my hand anci o!(icial seal in thc County and Statr last afomaid f}~~s :.'~'f ~h , day o(
A tl9 il 8 t A. D. 19 71 •
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~ ~Q~.~-Ct~.'.~!.....~L:-~r.•-.:~i~'.~s'-!4'L
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~ ~'•z~l' P~x. St1tr ot Flarda rt la?~,e
~ ~~y Cos:r:iissioA E:~:res (i.b. 1), iri4
ao.a.e A~~w f.~ ~ G+wr~ c..
Tli~s Lwninrc~r~ prrpnn•d hy: John B. Odom, Jr.
A~f~f~ 2902 De Zaraare Avenue, Ft. Pierce dppK~t~ Pp~ 4g9
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