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HomeMy WebLinkAbout0521 and shall perJorm, comply u~ith nnd a6ide 6y each and enery the agreements, slipulafions, condilions and co~~enanls t~~ereo~, and o~ fhis morf~a{~e. I~en f~is mortgage anJ !he esfate tiereby rn?alec~. ~ha~~ c~ease, c~e- fermine ancl be null an~I ~wi~~. ~IIY ftie? mortga~or heri+by ~urthe? rnvena~ls and agrees to pay promp!!y when due !he prtncipal and interesi and ot{~er sums o~ money provided jor tn saic~ nofe and fhb mortgoge, or eif~er: to pay a~~ and strtgu~ar !he la.res, assessrr~ents, ~euies. ~iabi~ifies, ob~igalions, and encum6r+ancei of euery nnlure on satd pro- perly; lo pe?mif, commif or su~f ~teh~i~menl or deterior+ation oj saic~ ~and or the improvementt 16precn al any time; to k~p ~he~~N~ now ~]p~ said land /ully t?uw~d t~ a aum oj not less eRan the full insurable value. in a company or companies ucceptab~e fo t/~e mortgagee, the po~lcy o~ po~tcies l0 6e heW 6y, and ~xiyabl~ to, saie~ morlgagee, an~ in t{~e euent any sum o~ money bernmes ~ya61~ 6y virlue bf aucti insurance fhs mortgagee shall have the righl to ?eceive and opply fhe same to the inde6tedness I~ere6y aecured, amounting to fhe mortga~or (or any surplus: lo pay a~~ cosfs, charges, and PX~fItP~. including ~awyer s~eea ona~ Itt~s searches, reasona6ly incurre~ or pnid 6y tl~e morigngee 6ecause oJ the /ailure oj the ~no?tgngor to promptly anc~ lu~~v comp~y wifk the agreements, sfipu~utions, conc~itions and covenanls oJ said note ane~ t~ts morlgnpe. or eitF~er: to. per/orm, c~omply with nnd abide by each and every the ag?eementa, stipulations, eondittons and covenanfs sel Jortti in said nofe and fhis morfgage or eif{~er, ~n the event the mo?igago~ fai~,s to puy u~hen due any twc, assessme~t, insurance premium or olher sum o( money paya6le 6y vtrtue o/ said note and tl~is mortgage, or eilf~er. I~e mortgngee ??~ay poy ~I~e same, wifhout waiving or nJJecttng t~e opfion to ~orec~ose or any other rig1~t herpunde~, and all aucl~ payments shall bear interest Jrom date tf~ereoJ at the highest law- (ul rate 1he~ allowed by fl~e lau~s of the State o( Floridu. any sum of money tierein re~e?red to be not prompt~y paid wtthin 30 ~ays next nf te? the same 6ecomes due, or i f each a~d euery !he ngreements, stipulntions, condilions and rnvenants of said note and this ~norlgage, or either, are not jully perjormed. c~omplied witf~ a~d a6tded by, tken the snlire ~um menlioned ire said note. ~d thu morfgage, or tl~e enti?+e balance unpaid lke~on, s{~all forthwitk or tl~ereajter, at the option oj the mortgagee, 6ecome and be due and paya6le, anything In aaid nota or 6erein to t~e eonlrory notwitlutanding. Failiu~e 6y el~e morfgagee fo exencise any oj ttis rights or optiona ~erein provic~ed sha~~ not consfilute a u~aiver oj any rigtifs or options under saia note or f~is morfgage ac~crued or !{~ereajfer accruing. ~n ~~~Il~ ~~~1~ thp said mo?tgagor hns F~ereunlo signed nnd sealed lhese presents tF~e aay anc~ year ~irot a{~ove u~rillen. Signed, sea~ed and deliue d in the presence o/: ' ~ G~'?i-Q' ~ / • ' . - E~ - - • • • - j David M. Goflfrey ; ~ ~ - - i ` - r---~G~.. . - - - ` - - ~ • ' R stin H. Godfrey ~ ~ ~ ~ : - - - - - - - - i _ ~ S : 3 ` STATE OF FLORIDA. - ' COU:VTY OF ST. LUCIE ~ ~ • I HEREBY CERTIFY that on this day~ betorc me, an 4 ofticer duly authorizcd in the State aforeuid and in the Gounty a(oresaid to wke acknowkdgm~nts, penonally appeurd ~ David M. Godfrey and Rerstin H. Godfrey, his wife ~ to me known to br the person S described in and who executed the tor~goinq instrument and }~1Ey acknowkd~ed betorc me that }~@y executed the same. ~ N~ 17';1iESS my hand and o(ficial seal in the County and State last aforesaid th' day ot ~ ~ February A. D. 19 72. J , ~ / ; _ / ~ ~ . . . ~ _ _ . ~ - = y=.~ ~r-` FILED ~?k c~UNj~ fl~• N ary PUblic, Stateof Florida ~ . - , 's- St.LUC~~; ?:I+SRAS _ , ~ . = a~~ c couRT r` ~1 My Cmnmission expires : ;Y ~ _ ~.~~n pf~ORn vE~'''c~..~•~~~ n,•sn _c.. ;t, . c:' f!.~~.;3 et lar~ ` 1 2313 ~ " y Y I(__:1.. ~ ~ ~4 P~'~ i~ ~ ` 'f ~ , ~ ..a~.i - ~c-~ ~t 6 ==7 , . ~~.a.: ~j 2;~93~ . 1%,ir I,wn~~n~,i p,rpmrd by: ~O~c ~ T~Cf ~:z ~t~f~1~ This inshument was prepared by h~ichael Jeffries, 124-A No. 2nd St. - ~~~t Pie~ce, Fla. ~.4 . _ , ~ - - ~ . . , . . . . . . . ~ _ .._°-~~.'3