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HomeMy WebLinkAbout1056 an~ sha~~ per~o~m. comp~y witl~ and a6tde 6y each and every f~e ag?eemsnts, stipulationi, conditions and cw~r~,u+its ih~r~l, und of th~s mortgugr, lhrn !?et~ n~c?r1.~aQp ~~d fl~R satate l~erebr cronted, shal~ ceats. de- fermine anc~ 6e null ancl iwid. ~ •nl~ ttie moNgaQo~ he~i+hy (url~er rnvertanfs and ag?eea to pay promptly wken dus the principal and interrsl and olf~er sums of money provi~ed (or tn said nofe and fhb morfgoge, or ett~er; fo pay all aRC~ singular the fa.rps, assessmenfs, leuies, ~tabililies, ob~tgaltona, and encumbrancea of every nalwe on aaid pro- perly; fo permif. rnmmit or su~(er no wasfe. impairment or deledomttoa o` said ~and or the Improwamentt therecn at any time; to k~ep the buildinga now or l~erra/trr on ~a~d land jully insured in a sum oJ not less t~are in a company or companies accepta6le to the mortgagee, fhe poltcy o~ policies 10 6e held by, and pnya6le to, snid mortgapee, and in thR eve~t any sum oj money 6ecomea ~,ya6le 6y virtue of sucl? insurance !ke mortaagee sl~all I~ave the ri9ht to receive and apply the snme to the inde6tedness hereby aecured, accouRting to thp mortgagor (o~ any surp~us; to pay a~~ eosts, c~arges, and expenses, inc~uc~ing jawyer s(eea and tifle searches, ~~ona6ly incurred or paid 6y tl~e mo?tgagee 6ecause of I~ie ~ai~ure o` ftie mortgagor to promplly and jully c~omply u~il~ t/~e ugreements, sfipu~alions, rnndittons and covenants oj said nofe and ll~is mortgage, o~ eilhe~: to per/orm, c~omply with and abide by eacl~ and euery the agreements, stipulatioru, ca~edi~to?u and covenants set ~orth in said note and thla mo?fgage or either. /n the eaeret Ihe morfgagor `oi~,t to pay w~en due any tax, assessment. lnsurance premiurre or ot~eer sum o~ money paya6le 6y ~iriue of said note and fhis mortgage, or eif~er, the rreo?tgagee ,nay ~y tl,e same, wif~out waiving or aj~ecttng the option to ~orec~ose or any otleer rigl~f I~erpunder, ond al! aucl~ payments shall 6ear interest /rom date thereoJ at tl~e highest law- ~ul mte tl~en allowed by 1he la~us oj the State oJ Floridn. )L any sum o~ money ~erein referred lo Ge not promptly pnid within 30 c~nys neart n~ter thp sarree becornes due, or ij eac{~ and every t6e agreements, stipulattons, conditions and c~ovenanb of said note and this mortgnge, or eitF~er, are not /ully pgrf ornted, complied wii1~ and a6ided 6y, tF~en tlze entire sum mentioned in snid note, and ihis mortga9e, or the enlire 6aiance unpaid tkeneon, shall jorthwitl~ or tl~ereajte~, nf tl~e option of tl~e mottgagee, become and 6e d~ ~d ~yn6l~, unytl~ing in said note or ?~erein ~ to I~e conlr~ary notwithstancring. Fai~ur+e 6y the mortgngee to exercise any of the nig~its o~ opNont herein provic~ed s~a~~ not c~onstifute a waiver oj any rig~its or oplions under suic/ note or this mortgage acc?ued or t~ered i ter acc?uing. jn 7~?~~Il~ W~~l~ f~e said morfgagor /~as hereunto signed antl aea~ fhese presents t~e day and year jirst aboue u•rilten. ?~r~ IS A ~ LOOM lnRTCs~=E A~ Tl~ FINI~ PAYMENT,~R ~F BALAMCE DU~~1~C~iL1~8ItY IS_ ~2.500.00. 1~QCE1'I~ER YI7H ACG.a.lED IMTEREST. IF Al1Y. Sign , senled nnd deliuered in 11~e presence oj: 1p A MAD MORTGAGE • - - - 0. Rsve11 e -a~a_.~~~~.----...__..---- - - - ia~ E. Tas --C~''..e~--e.~l.~-r..~....~ - - - ni ce H. Tesc.hnar STATE OF FLORIDA, ) cov~z-~r oF ST. lUCIE i I HEREBY CERTIFY that on this day. before me~ an officer duly authorized in the State aforesaid and in the County aforesaid to take ackaowkdgments~ personaily appeared JAMES D. REVELLE, Wri.LIAM E. TESCHNER b.~ANICE E. TESCNNER, his wife to me know~ to be the person S described in and who executed the (orcgoinq instrument and t~My acknowkdged beforc me that t~~ ~xccuted the same. K i't'NESS my hand and ofticial seal in the County and Statc last atoresaid thu ~~`j day ot rnA A. D. 19 72 • ~ ~ ~ . - - - - ~ ~ru~,? Pusuc. sur~ aF n.qR,oii'i~j~•• , ; . My COMMlSSION EXPIRES ~~p{ ~ y~ ~~t~ROE~ ~OND~ t1Ytl1 f~FB w. ftlf~i 1~~ ~~~~YtY fL~• ~ ~ - 5~. R ~~z ~ r)~s~ Gu~t 1 ~ - C Ctt t:.• 3 ~ ,ti. ac!'^~t^ • . - - ' ~ . : . .,,r + : . ' ~ ,`l,: ~ ;~3 G • • • • • ~ 2~'~4'~ . , !l,is I,wnn,rcn~ prrp~r,~d by: El si e M. 0~ Laughl i n 0 R ' el~uK~~vf~r p~~Ot~ A~Irlnxs P. 0. Box 3405 207 South S~oond Street Fort Pi erce, F1 orf da ( 33450 ) . . . - _ - y ; _ _ -