HomeMy WebLinkAbout1107 an~ s{~u~~ perform, comp~y wilh and abic~e by eacl~ and every I~e ag?eemenls, sflpulnttoni, conditiont wuj
co~~e~anls the~eof, 4nd oJ fhis mo?tga~e, tl~en tl~is mo?Igage and ths estate hsreby created, af~all cease, de-
fermirae ancl be null and ~wt~{. ~
~U~lifl~e morfgugo~ /~eruby further eouenants and agreea to.poy pro~nptly when dus rJ~s prlncepa! ared
inferes! and ofl~e~ sunu o/ money provided ~o~ in safd note nnd f1~ts +norl~age, or eJtieer fo pay uR nnd
~tngu~ar (~e IQXQ1, assessments, leaiea, ~iabljif~es, ob~egQtloru, and encum6~ances o~ every nnfws oh said pro-
perty; to permit, commit or su~~er reo wnate, im~wirmenf or deferiorntton o1 said land or the irwprouemenb
fher+ecn a! any 11me; to kppp ~l~e bui~inps now or tierruJfer on said tand ~ully insurecl in a aum oj rtot ~ess
~f~e„ the highest insurable value thereof
in a compuny or companies Q('CPPIabI@ to Ihe mortgagee, the policy o~ poltcies to 6. h.td 6y, and ~ya64
fo, said morfgagee, an~ in 1{?e euenf any sum oj money becomes ~yn6l~ 6y virlue o~ auch Insurancs f~
mortgagee shall have ll~e right to ~eceive and apply tl~e snme to tf~e indebtedneu here6y sec~ured, accountinA
to f~e moHgu~or (or any surp~us; fo pay a~~ costs, c~arges, ancj expenses, including ~wyer s~eea and fit~
aearches, reasona6ly Incun~ed o~ paid by Ihe mortgagee because oj 11~e /ailure oJ tl~e mortgagor to promptip
anc~ Jully romPiy u~ith the agreemenfs, stipulationa, oonclttions and rnwenants oj said note and tbia morteoga,
o~ eil~ie~: to per~orm, comply u~ith and abide 6y euch and er~ery li~e agreements. sfipu~afiona. eonditions and
rnvenants set /ort6 in said note and tl~is mortgage or either. In the event the mortgagor /aib to pay when
due any tax, nssessinent, insurance premium or oll~e~ sum of money puyn6le 6y nirtue oj satd note and 11~is
tnorlgage, or eifher. 1{?e mo~tgagee may pay ftie some, wit~out waiuing or c~(jecting !he optio?~ to jorec~ose
or any otl~er rigl~t he?eunder, and all sucl? payments shall benr interest from dafe tl~ereoj at tl~e htg{~est Inw- s
jul rate lhen allowed 6y ~hp lows oj ll~e State oj Florida. ;
~L any surn of money hprein re(errecr !o be not prompt~y paid wifhin 1~ dnya next a~ter
the snme beromes due, or if eacl~ and every the agreements, stipulations, conditions and covenartb oj suid
note and this mortgage, or either, nre not jully per~ormed, complied with and ab~ded 6y, t/~en t1~e entine
sum mentioned in said note, and ~his mortgnge, or the entire balanc~e unpaid therson, shaU /ortbwith or
ll~ereaJter, at the option o~ the mortgagee, 6e~ome nnd be due and payable, nnytbing in snid note or herein
to the c~ontrary notwit6slanding. Failure by tl~e mortgagee to exercise any o/ the rights or options l~er+eire
provided shu[[ not constitute n u?aiver o~ any rights or options under saic~ note or thb mortgage accrue~ or
t~erea(ter accvuing.
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n~~~~ ~li~C~~`~ il~e said mortgagor haa he?runto signed nnd sealec! t{eese presents fhe
dny and year ~irsf above wriUen.
net1, sea~ed antl tlelivered in ~ie presence o~: ~
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sTATE OF FLORIDA, ~
courrrx oF ST. LUCIE
I NEREBY CERTIFY t6at on thu dar. before me, an
officer duly authorized in the Statc a[oresaid and in the Couaty a(ortsaid to take sc~nowkdgments, perwnaUy appeared
William S. Ivey and Frances G. Ivey, his wife,
~ me know~ to be the prnong dexribed in and who executed the forcgoins irutrument and they
be[orc me thattrlEy ~ICMYtld the same.
WI7'NESS my hand and o[ticial seal in t6~ County and State last afotesaid t6is dar o[ ~
June A. D. 19 ~2 _ .
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~FCsROCO tary blic, ~ e~of itl ~ -L:~~
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Lt.~uc~_.-~~~+~r fu. ~ f~Iy C x~(m'n Expires: r
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CL~aK C.~.~.Uts COURT ) - , : ~ a
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.,Iw~.l~ 2 ~7 PM'~~ .,;;,=~r:~T;.
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231516
17ru l,wramrnr p~rpra~rd by: .
A,~,~~ THIS INSTRtl!~~E'~T WQS PREPkRED SY
fRAt1K FEE - Fli',~T FEDERAL BLDG. ~Q~z~ ~~~~Z
~FORT PJERCE. f10ftlJA
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