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HomeMy WebLinkAbout1078 and sl~a~I perform, cv~mp~y u~ifh llll(I AhI~P ~y eoch and ene~y fhe agreementa, stlpu~ationi, conditions ant~ co~~enanfs th~r~o~, and o~ Ihis morl~ape. IhPn fhis mortAa~e and Ihe patale here6y created, sl~all ceaae, ds- fprmine artcr ~~e nu~~ ~n~ iwic~. nil~ fhp mort9nnor hern6y (urfher coi~enanfs anc~ agrees to poy prompl~y when due fhe prtncipal and inferrsl nnc~ OIhP~ sums o~ money proi~ic~e~I ~o~ tn snid nole an~ thls mortgage, or elfher; fo pay a~~ and singular tl~e ta.res, assessmenls, lea~i~s, lia6ilities, o6ligations, a~d ertcum6roncea oj every nature on satd pro- perly: fo permil, commit or su((er no wasfP, impairment or deferiorotion of said lnnd or Ihe improvemenla tl~Precn ~t any lime; to RPPP (hP 6uildings nou? or herna~t~r on ~aid land /ully lnsiuecl in a sum oJ not leu than i~ a compnny or companirs accepta6le fo l~morfflagee, ihe po~icy or po~tcies fo be h.td 6y, und paya6le fo, sai~ morfgagep, an~ in Ihe evenf any sum o( monoy becomes paya~~ hy virfue oJ attcti insutance the morfgagep sl~all ha~~e the righi to receive and apply the same to the indebtedness here6y secured, accounling fo fhe mortga{~or for any surp~~~.s: to pay a~~ cosfs, cha?ges, ond expenses, t~c~uding ~awyer~s ~ees and fit~e search~s, ~pasonatily incurre~ o~ paid hy I~~e morlgaqee because o( fhe ~a{~ure o( I~e morlgagor lo prompl~7r anc~ lully c'omply u~ilh Ihe agreemenfs, stipu~ations, c~o~ditions nnel corenant: oj snicr nofe anc~ t~is morfgage, or eithe?: fo perjorm, comply u~ith and a6ide 6y eacl~ and PI~P~? I~p ngreements, stipulations, condilions and coi~~~ants set /orlh in said note nnd this mortgage or eiiher. In the event the morfgago~ /aib to pay when due any tax, assessmenf, insurance premium or other sum o~ money paya6~e 6y virtue of said note and f~is mortgage, or Pif~er, ihe mo~fgagee may pay ff~e same, without watving or a(~ecfing the oplion fo lorec~ose or any ofher right {~ere+uncle~, nnd all sucl~ pnyments sha~I 6ear interesf ~rom dnie fhereoj at 1he I~Ig1~es! law- (ul ?~te Ihen alloiued by fl~p ~au~s o~ thP State o~ Flo~ida. anY sum o( money ~prein re(errec~ l0 6e not prompt~y pnic~ wifhin 3~ aays next a`fer fhp sam~ 6ecomes due, or if each and every iF~e ngreements, stipulafions, conclitions and covenanta of saitl nole and this morfgage, or either, are nol lully per~or?netr, comp~ietl will~ ancl ab~ded 6y, fhen ttie enfire sum menlionpd in said note, and this rrtortgage, or tl~e entire 6alnnce unpnid thereon, sl~all jorl{~with or tl~erea(ter, at th~ option oJ ttin mortgageP. 6ecome and be due and paya6le, anptl~ing in said note or ?~erein fo Ihe conlrary notu~ifhstancling. Failurp hy i~e morfgagee to exereise any o~ the rig~ts or opftons herei?t proric~e~ sha~~ not constit~efe a u•aii•pr o~ any righfs or options under sai~ nofe or this mortgage accrued or f{~ereajf~r arcruing. ~n ~~Ql~ fhp soid morl~~gor lias herpi~nto signed and sealecl Ihese presents the ~ay an~~ year jirst alw~~e u~rillen. ~t9tiP~. SP~~PQ d QPIIl~P~P~ l/! plPSPI CP, r ° ~~~'~l t / .,(Lc _~~vu_ . . . . . ~ ~ _ . - ~ • _y:~ . ..~....kf.-- -Y ---._.---.._.:_..~_..,_.._..----''-~-i`-----~--..._ ~ S ~ ~l ! ' ~ ~ - i 1,' ~ - - - - . . . - . . ; , ~ i ~ i ~ ~ ~ STATE OF FLORIDA, ~ cc~i1.VTY OF ST. LIJCIE I fiEREBY CERTIFY that on this day, betore me~ an o((icer duly authoriz~d in the Stat~ afuresaid and in th~ County aforesaid to uk~ acknowledqmenu, p~nonally appearcd ROBERT GIBBONS and ESTERLINE P. GIBBONS, his wife, to mc known to be~ the pcno~ S d~scribed in and who ex~ruted the for~qoinq instrument and they acknowkdRed b~(orc me that they ~xcruted the same. ~~'17'tiESS my hand and o(ficial seal in thc County and Statr I~st aforesaid this 3Y'd day of Sept . D. 19 71. , ) . . ' ' , ~ ~ . „ , ~ ; . S/ / . Cs-•? ~ . ~ . 'Z . . >4.._ - ~ FI~EG A4~ RE~JOROEO / ~ - ~ st ~uc;c couNrr fu. Notary lic, Stat of Florida at ~ - = Roc~~ ror,R~s , La1cge ~ ~ CLERlt CIRCUiT COURT ~ = RECOR~ YrRtFIEO~.,,~~ ~ ~ . l~y Comnission Expires: ~ S~~ 3 4 io PH'TI ~ ~ , ~ ~ ~t. _ + ~ II//S IIIJ//1//!!f/!1 p/f'p011''t! by: L. A. 0'Laughlin, Jr. ~ ~~~~~r~~ P.O. Box 3405 Fort Pierce, Florida 33450 b001(195 PAf,E~~~V , ~ . . _ = -