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HomeMy WebLinkAbout0399 _ ~ ' an~ shr. ~ p~~~orm, comp~y u?itti ane~ abide ~y ench and every !tie ag?eemenls, sfipu~ntio?u, conditions nnd r corenants thercaJ, and oJ this morl~4t~e. IIIPR Ihis morlga~e nnd the eataie l~ereby crwated, s~iall ceate. dt- tp?mine and 6e nu~~ an~t i~oi~. # ~ ihe mu~f,yagor {~en+by ~urlher rnvenanfs and agreea lo pay promplly when clue fl~e principal an~I ~ intere:l and othe~ sums o( money proi~i~ecr fo~ irt saic~ note and f~ts mo~fgoge, o~ eiftier; fo pay a~l and ~ sinflular the ta.res, assessmenls, Iei~tes, Iia6ilities, obligalioru, and encumbrancea o( every nnture on saed pro- ~ perty; fo pc~rmil, commit o~ su~~er no u~asfe, impairmenf o~ c~efeiioration o~ said land or l~ee improuemenla therecn at any time; to kppP ihp 6u~Idinps now or hernajter on sa~d Iand Jully i?uured in a sum oj noi less ~ than maximum insurable value ~ in a company or companies accepta6le fo 16e mortgaAee, the poltcy o~ poltcies to 6e held 6y, and pnya6b ~ to, saie~ mortgage~e, ancr in ftie e~~ent any sum oJ money 6ecomea ~yabl~ 6y vtrtue of suck insurance the , mortgagpp shall ha~~e the ?ight to rereii~e and apply the snme to tl~e inde6tedness 6ere6y secured, accounting ~ to i~e morfga~or (or any surplus: fo pay a~~ cosfs, cha?ges, anc~ expenses, inc~uc~ing ~awyer s reea and fif~e ~ searches. reasonably incurrec~ or paid by ihe mortgagee 6ecause o( t~e fai~ure oj ~he nnorfgagor !o prompt~y ~ and ~ully comply u~ith tl~e agreemenls, slipulations, condilions and covenanls o( said rtote and tl~is mortgnge. ~ or eifher: !o p~rform, rnmply u~ith and abide by eacl~ and every fhe agreemenfs, sfJpulations, coreclition,t and covenanfs set ~o~th in saic~ note anc~ t~is tnortgage or eifher. ln f~e event the ~nortgagor ~ai~.s to pay when ~ due any (ax, assessmen~, insurance premiu?n or oeher surn o/ rnoney paya6le by viNue oj suid note und this ~ rnortgage, or eifher, f~?e inorfgagep neay pay fhe same, wil~ouf waiving or a~fecfing the opfion to ~orec~ose ~ or any other ri~t {eerpu~~tler, and aIl such payments skull 6eur inlerest jrom date IhereoJ at the ktghest law- ~ /ul ra?e fhen ollowed by thR laws oJ the State o/ Flo?ida. ~ ~l nny som o~ monPy herein re~er?ec~ io be not proniptly paid witkin 30 daya next a(ter ~ ~ tJ~e seme becomes due, or iJ eac{~ ond every t6e agreemenis, stipulutions, condilions und covenants o/ suid - note and fhis morlgage, or eilF~er, are not /ully perJormed, complied witl~ and a6ided 6y, lhen tF~e enlire ' sum mentioned in said note, and this mo?tgage, or the entire 6alnrtce unpnid tl~ereon, ahall /orthwilh or t6ereaJter, at the option o~ t1~e mortgngee. 6ecome und be due and payable, anyt6ing in said note o~ F~erein to !~e confrary nolwitl~standing. Failure 6y the mortgagee to exercise nny of t~e righfs or opttons heretn prouided s{?a~~ nol constilute a u~ainer o( any rigtits or opfions unc~er said note or this ~norfgnge accrued or f~erea~ter accruing_ ~n ~itness ~hereof~ I~e saic~ morfgagor ~as f~ereunto signec~ anc~ seal~ t~ese presents the cray anc~ year Jirsf ufwne wriffen. S } ~ Jl9lIP~. S and d lirP(P~ 1?1 ~~P f3QPSPIICP Of - i . - _ i . , -s~/.~G.'~2.-•-------`--"--~~'~!-.---• -3- - - - _ , - o L. Hood, Jr. f.,~~:.._ ~ ,.r"-~~_ - _ . / - - . - ~ - - ].ma Iiorning ~ - - ~ - - ~ ~ ~ ~ Y ~ STATE OF FLORIDA, ) Cnl?\TY OF ST. LUCIE i ~ I HEREBY CERTIFY that on this day, beforr me, an I . OIIIfPf duly authorized in the StatP afor~said and in th~ County aforesaid to tak~ acknowledqments, pcrsonally appeared } JOHN L. HOOD, JR. and ZELMA HORNING - ; i W mr known to br the person S describcd in and who ex~cuted the (on¢oi~q instrumrnt and they acknowledgtd ; be(orr ine that they ~xccutcd th~ same. ~Y17:\ESS my hand and offirial seal in,thc County and Statr last afor~said this 7th day of . June . a. i~ 72 ~ . , ~ - ~ ~ - . ; ~ ~ . c~ - . ~ . . _ _ . ~-f--------------~...- ~ ~ Notary Public, State of F a. at ~ ~ - - ~ Large ~ ~ . ~ ~ ~ My Commission expires: / ~ / ~:-'S ~ . ' ~ ~ ^~;S fi: _ , f` y~^„~ : x • ~ ~ ~ .t.L,QEb c~ ak> >-~t`I FL~• ~ ~ ~~''i f1l- .,1H ~ ' ;t, LU~~' ~a5 ~ C~~ ~,r t ,.,D GyuRt ~ Rf~~~F u ~ ~ 2, Qi~ f ,~?rw 1~6~ : ; Tl~rs Irts~runrfn~ prep~nrrd by: ~ ; ~ Addrru ' ; 80~II iGO~ PACi t','~ ~ I f - - , > t. ~ _ _ - . r ~ ~