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HomeMy WebLinkAbout1604 i ~ } and s{~aII p~rJorm, i~omply u~i11~ an~ abic~e by earh and p~~e?y tl?e agreementa, ~tipulalioni, conditions and # co~~enants ther~o~. ar~d o/ this murtctape, fl~en fhi~ mortpuge and the eatate 1?erebY created, ahall cewe, de- ~ tprmine and ~u null and i~oi~. ~ ~d if~P mo?tga~or heri~6y /urthe? c~ovenanls and agree~ to par promptly when due the principa! and intervsl and other sur?u oJ money provitred for tn :a~d note and tl~l~ mortgnge, or eilher: to pay all and iingular f{~e taxes, assessmpnts, [evies, lin6ililies, obligatio?u, and encum6rnncei o( every naleue on aaid pro- perly: lo permif. commif or suJ~er no u~aste, impairmrnt or c~eteriorafion o~ aaic~ ~and or ttie ~mprovemenb fl~errcn at any lime: Io ~~~p~ thp 1>ui~dings nou• or herea~t~r on s~id land f u«y insured in a sum oj not ~ea~ thaR highest insurable value. ~ in a campany or companies a~~rvpta~Ie fo ftie mo~lga~ee, fhe po~icy or po~iciet to Ge I?eld 6y, nnd payn6l~ to, sai~ morf~agee, an~ in the ei~enl any sum o( money becomes puya~~e by virtue of suck insurance ftie mortgagee shatl h~~~P 1I~e right to rereii~e and apply 1f~e same to tf~e inde6tedness {~ereby securecl, accounling fo Itie mo?fga~or (or any surp~us; fo pay a~~ costs, c~a?ges, and expenses, inc~uding lawyer s(ees and til~ iearches, reasona~,~y incurrec~ or paid 6y Il~e morfgagee berau~e of t{~e fai~ure o~ !tie morfgugor to prompf~r ~ anc~ ~u~~Y c•omp~y u~ith f~~e agrevoiPnts, ~fipulafions, conclitions anrJ coi~ena~fs oj said note anc~ tl~i~ mortgage. or eif{?er; to per(orm, romp~y u~it{~ nnd a6ide 6y enc{~ anc~ every !he agreemenfs. stipu~ations, conditions anc~ covenants set ~orf{~ in said note anc~ this mortgage or either. ~n the event t{~e morfgagor ~ai~s lo pay w~en due any fax, assessment, insurance premium or otl~er sum o) money paya6le 6y virtue o/ saicl nole and tl?is morfgage, or PlIIIPI, f{~e mortgagee mny pay f~e snme, wif{~out tuniring or n~~ecfing fhe option to ~orec~ose or any other right F~erpunder, and all auci~ payments sI~aII 6enr interest /rom dnte thereoj at the 1~tgf~e~1 ~nu~- (uI rafe Ihen allo~aed_by fhe laivs o/ tl~P Stote o( Florida. ~l any sum of mortey I~ereiri re~PliP~ IO be not prompt~y pnit~ within ten ~Ys neact aJtar the snme benomes t~ue, or i j eacti antl et~ery t~e agreements, stipu~ations. conditions anc~ covenants of said note and this morlgn~e, or pither, are not /u~ly perforntec~, complied wil1~ and a6~dPd 6y. ~hen the enliro sum mentioned in said note. ancl tl~is mo?tgnge, or tF~e entire bn~ance unpaid thereon, s6nll (oetl~u~it1~ or tl~ereufter, at the option oJ 1he mortgagee. 6ecome and be due and poqable, anything in saicl rtote or I~erein to ftie confrary nolu~ithsfancling. Failure 6y i~e morfgagee fo exercise nny o~ the rig~ts or options kerein proi~iclee~ s~a~~ not constitutp n u~aiver oJ nny rigf~ts or options under saicj note or f~is mortgnge aceruet~ or f~erpa~l~r nccruing. Sn ~~Ul~s ~IL~[~D`~ Ihe said mortgagor has I~ereunto signecl and sealecl ~I~ese presents the ~ c~ay an~ year ~irsf a~ioi~e u•riffen. • • _ Signp and d~~~ red in 1{~e presence . , , , _ ~ r ~1~ , . ~ - - - - - . - - . t ~ WVilli ~m~. ~osworth- --~=-4 ~ R ~ - _ - - - - - ~ ~ ~ ; ~l-u-%- - ~ - - - - - - - , ~ u h H. osworth ~ ~ ~ ; - - ~ - - ~ - ~ ~ ~ ~ N ~ ~ STATE OF FLORIDA, ~ ~ cou`"i'v ~F ST. LUCIE I HEREBY CERTIFY that on thit day, before me. an ~ o((ic~r duly authorized in the Stat~ a[orcsaid and in the County aforcsaid to takc acknowkdgments~ personally appeared ~ William O. Bosworth and Ruth H. Bosworth, his wife ~ ~ Lo me known to b~ the person S descritxd in and who executed the foregoinq instrument and they ~~kO°w~~ before me that they~xecuted the ume. ~ 26th ~~17'\ESS my hand and o(ficial seal in thr County and Sut~ last aforesaid this dar of ~ , . ~F January 4. D. 1972, ~ r~ / r ~ ( ~ f ~L,~A.. ~t ~ ~ ~.-Ln.. c, fs„~. c L ~ ~ - - _ : - :,:.~~.~EO , Nota Public, State of k~lorida f I~E * ~ f ~A ,i - - - ; st ~u. • ~ ;.s ~ at Large ~ 't` G- , . F- My commission expires: srp'~_ a 1, (97~ `°,3 - FEH y I 41 I~ 223600 'l f.: I~iu l~wrununt preparrd hy: ~ a~y9 (~e~ _ THIS INSTRUMENT WAS PREPARED BY ppX PACE1~lJJ .`'~s RICf1ARD D. SNEED,IR: FIRST FED'cfi.U. 3LDG. FORT PIERCE, FLA. ~ ~ - ~ ~ . . . . . ;F' .