HomeMy WebLinkAbout0139 and shall perJorm, cumply ioith and abide 6y each and enery the agree?nents, stipulafion's, eonditions and
co~~~nants ~lip~e~o(, and oJ this mortgape, then this morfgage and ll~e esfate here6y created, sl~all cenae, ds-
fPrmine an~ ~?e nu~~ ancr ~~oi~.
T1~ fhp morfgagor ~~ereby ~wfher co.~enanfs anc~ agrees to pay promptly when due fhe principal and
inleresl ar?d olher sums oJ money pronided ~or in sai~ note and this morigage, or eilher; !o puy all and
sinflular the t~xes, assessm~nts, leoies, lia6ililies, o6lipalions, and encum6rances o( every nature on said pro-
pe?ty: to permiL commif ur suj(Pr no tvasle, impairmrnl ur .lelerioration oJ saicr ~anc~ or ftie improvemenb
th~reon al any fime; fo ~PPP IIIP bui~~in~s riau~ or herea~t~r on .aid Ianc~ ~ully insured in a sum o~ not ~esa
t~an
in n c•ompany or companies acc~plable fo Ihe mortga~ee, tl~e policy or po~icies to be held 6y, and paya6lt
to, saicr morfgagee. an~ in Ihp PI~PlII any sum o~ RIOfIPy 6PC0I?1PS ~ya6l~ 6y uirfue oj sucti insurance fhe
morlfla~ee sha~~ hai~e the right to r~ceive and apply the same to the inde6tedness {~ere6y secured, accounting
to Ihe morfgngor ~or any surplus: fo pay n~~ costs, charges, and expenses, including ~awyer~s ~ees nnd til~e
sparches, reasunablv i~curred or paid 6y the morlgagee 6ecause oj thP jailure o) Ihe morlgagor to prompily i
ane~ (ully comply u~ilh Il~e agreements, sfipu~ations, c•ondifions and covennnfs of saic~ note nnd this mortgage.
or eif~er; fo perJorm, comply u~ilh and abide by each and every the agreemenfs. stipu~afiont, condifions and
COt~Pl1QI1~S set Jorlh in said noie and this mortgage or either. In !he event fhe mortgagor (ails to pay u~1~en
dup any tax, (LSSPSSIIIPII~, insura~ce premium or other sum o/ money paya6le 6y virtue o) saicl nole and 1?~is
morfgage, or eifher, Ihe mortgagep may pay f~e same, without u~aiving or aJ~ecting the option to ~orec~ose
or any oll~er right {~ereunder, and aIl sucl~ payments sha~l 6ear interest from date fhereo) at tlte higl~est ~aw- j
(u~ rafe Ihen allou~ecl by the lau~s o( Ihe Stafe of Florida. ~
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a~iy sum oJ money herein re(errec~ to 6e not prompt~y paid wiltiin thirty tjnya nexf a~ter
the same becomes due, or ij eacl~ and enery ihe ugreements, stipu~afions, eonditions nnt~ covenants of sait~ ~
note and this mortgaqe, or either, are not f u~ly per~ormed, complied with and a6ided by. 11~en tl~e enfire
sum mentioned in said ~ole, and lhis mortgage, or the entire ba~ance unpaid tl~ereon, shall forthwith or
thereafter, at tl~p optian o) t1~e mortgagep, become and 6e due and ~yabt~, anything in said note or I~erein
to t~e contrary notu~if~standing. Failure by fhe morfgagee to exercise any of tke rig~ts or options ~?erein
providecl s{~a~~ not consfifute a u~aiver oJ any rig~fs or opfions under snid note o~ this mortgage accrued or
t~erea~ter accruing. ;
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~~lll~ tl~e said mortgagor {~as f~ereunto signed and sealec~ lhese presents the ~
,tfay ar ~ year jirst abone 'ffen. ~
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STATE OF FLORiD4,
~ Cot'\TY (~F ST . LUCIE ~
I HEREBY CERTIFY that on this day, before me. an
r officer duly authorized in th~ Statc aloresaid and in the County aforesaid to tak~ acknowledqments, personally appeared
~ - EDDIE SHEFFIELD and JONNIE MAE SHEFFIELD, his wife, $
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~ •~•Jp.Anc kriown to br th~ pe~nonS d~scribed in and who e:ecut~d the forcgoing instrument and tIl@~7 acknowkdged
, beibrc rtx t!?at they~x~cutcd thc sam~.
~ ~ j"~TiESS mc hand and o(ficial sral in thc County and Stat~ last aforesa~~ this / 9 day o(
_ ~~J a. n. ~9 7Q ~ -
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~ FILEO ANO AECORDEO
~~j ST. LUCIE CWNTY FIA.
ROGE~ ~OITRAS ~
• CIERK C~R~U1? COURT
RE~ORJ YERIFIED
MA,R ~ 08 ~'~Z '
2~66~
17i~c l~uirr~,»r„~ pmp~r~•~! by:
~1~I~ln_t~ Th~ tnst~umer?t v,~.;:. ; , : - 6Qt1K~OO
C. R. McDbNALD, ,i'? .a• r
- Cifiisnt Fsdera; ~.;~a:
- H. Pi~rce, F'c-: