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HomeMy WebLinkAbout2056 and shall p~r(orm, comply u~i~h antl a6ide by each and ei~ery l/~e agreements, slipulalions, condtt~ons and co~~enants the?eo~, nnd oJ fhis mortqaAe. lhpn fhis mortgade n~d the estate he.e6y created, shall cease, de- fermine an~ 6e nu~~ an~ t~ot~. IZn~ Ihe mo~fga{~o~ ~ien+6y ~url~er covennnts and agrees to pay promplly wher~ duw fhe principa~ and inleres! and olher suma o~ money provFclec~ Jo~ in aaid note and this mortgage, or eilhe~: to pay a~~ and stnflu~a~ Ihe ta.res, assessments, ~evies. ~iadi~ilips, ob~igafions, and encumbr+ances o~ every nnlure on said pro- perly: lo pennil. commif or su~Jer no u~asfe, irnpairmenf or c~eferiorntion o~ said ~and or the improvemenb therecn ~t any tima: to ~PPjI I~P buildint~s nou? or hereaJter on said land /ully ins~ued in a sum oJ not less than hiqhest insurable value in n company or comparties QMP/)Ia~IP to the mortgngee. !he policy o~ policies to 6e held 6y, and paya6l~ to, said mort~aqer, and in the ei~enl any sum oJ money 6ecomes ~ya6l~ 6y virtue o~ such insurance tf~e morlgagee s{~n~~ hoi~e the rig{~f !o receive and apply f6c• snme to t{~e inde6tedness here6y secured, accounting fo fhe morfga~or fo~ any surplus; fo pay a~~ cosfs, charges, und expenses. Inc~uding juwyor~s Jees and fit~e S@QM~PS. ~P(ISO?1Q6Iy ir~cu?re~ or Pa~d 6y ~hp morfgagee bpcouse o~ t~e Jai~ure oJ the morfgagor fo prompf~y ancr )u~~y comply u~ilh 1{~e agrepments, stipu~atio?u, conc~ifions anc~ covenanfs o/ said note and this mortgage. or eiiher; fo per(orm, comply u~it{~ ond a6ide by eacl~ and e~ery !{~e agreemenfs, sfipu~ations, conc~ilions nnc~ cov~nanfs set Jorth i?i said notp and fhis morlgage or either. In the event the mortgagor jaib to pay when due any tax, assessmenl, insuranre premium or otF~er sum oj money paya6le 6y rirtue o) snid note and Il~is morfgage, or eit~~er, f{~e mortgagee may pny the samp, u?ithouf wnii~ing or aJf ecting the option fo ~orec~o~e or any ofher right hpreunder, und all sucf~ paymenls shall 6ear interest (rom dale thereo/ at the 1?igl~est law- (ii~ rate 1{~en a~~ou~ec~ tiy f~~e ~aws oJ f{~e $tafe o~ F~oric~a. ~l any sum o~ monPy herein re~PRe~ to ~e not prompt~y paid within 30 days nex! oJter ttie samP becomes c~ue, or i~ eac~ anc~ enery Ihe agreemenfs, stipu~alions, condittons anc~ couennnls o~ said note nnd this morfgac~e. or eilher, are nof (u~~y perJormed, complied with and ab%ded 6y, t6en tF~e enfire ~um mentioned in said no1e, and this morlgage, o~ the entire balance unpaid 11?ereon, shall ~orthwith or tl~ereafter, at the oplion of Ihe mortga~ee. 6ecome and be due and paya6le, anything in sait~ note or I~erein to f~e contrary notu~ilhstan~ing. Failure 6y t{te mortgagee fo exercise any of t~e ~g~ts or optioru ~erein prot~ic~e~ shall nof consli~ute a waii~er oJ any riq~ts or opfions under saicl note or Ihis mortgage accrued or l~erea~li~r accruing. ~n ~~UI~s ~h~Ol~ tl~e snic~ morfgagor tias i~preunto si,qnetl and sea~ec~ Ihese presents ihe ~ny anc~ year Jirst nhore ivriffpn. Signed, SPQIP~ and deli~~erecr in the presence o~: , , , . E' ~ / 1 ~ ( " v. .,,r~'~ . - - ----1 _.K'. K (~h .e~ - R~ . g ~ ~ ~ ~ - - - ~ - - . .~~zl<<Z<~~_z~'.~, ~cZ~-.~,~..~Q~ f " Barbara J. Hi tower ~ ~ - - - - - - - - ` - - - - - - - - ~ x r ~ ~ s STATE OF FLORIDA~ ; C(~L\TY c~F ST. LUCIE ~ ~ I HEREBY CERTIFY that on this day, be(orc me, an ; o([icer duly authoriz~d in the State a(oresaid and in the County aforesaid to takc acknowledgments, p~rsonally appeared ~ ~ RICHARD K. HIGi-TPCIWER and BARBI',RA J. HIGI-~(7WER, his wife ~ ~ bo m~ known to Fx th~ pcrsorrS described in and who exerut~d the (or~qoinR instrument and they acknowledged before me that they rxccuce~i the same. ~ ~ 1~'I7:tiESS my hand and official seal in thc County and Statr last afor~said this day ot ~ M~lrp}1 A. D. 19 ~ 2 / , _ ~ , . ~ , . . - • - . ' ~ . , ~ ; ~ . . . ~ - . . ~ ~ , . - . ~ A' ' - ~ ~r 1_ : , - . . : i1lED AMD RECpItpE r •=-y r . '•F a " ET. WCIE COUNTY Fl~ ~ , .-'3 et targe v ~ • 1, t9.3 - ` ~ ~ ROCE'*. POITR45 + : C_.,.,.. _s..-. ~ . . , ~ - - C ~ CLERK Ct~tCU1T COUItt'~ ~r!..~ RE~ORff vE~~i~EO..~~ ~ • •.t M . yu 11 3 3: PM'~1 ~ zzsoss • via ' TM~g ~?~gTqUMENT PREPARED gY~ ~ IIl1S I/!Sl/II/lJf/J/ Pli"pU11"If ~y: A55TRAC7 & TITI-E CORP. OF FLA. t 7.OS S. 2ND ST. FORT PIERCE. FLORIDA = Aclt/rrxs 'r: e~uK 2~ ~c~2'~~JJ s : : _ _ ~ ; _ : ~ _ _ _