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HomeMy WebLinkAbout1113 nn~I sI~nII per(urm, ~•ompl~ u~i~l~ ~~?d a{,id~ Gy each and erery thp a~reements, stipulalion's, conditions and ' coren~~nfs t~~rmu(. ~uu[ o( t~iis morfg~~~P, f~~Pn I~~is morfgarye an~I !he pstate here6p crPated, sha~~ cease, de- 3 ~PlR11fIP Q/If1 ~iP /I111~ [111(l Pu11~. - i i ~n~ t/~~ murt{~~u~o~ ~u~m6y ~url~er co~~enarils and a{~rees fo pay prompflp when deie lhe prirecipal and i~~ternsl ant~ ol~~~•r snms o~ mon~•Y pro~~irle~l Jor iri soi~ nole onc~ lhis morf~a~e, or PIIhPI: to pay ,a~~ and sinc~u~~r f~~ fa.r~s, a>sc~..rnri?fs, ~c~~•ies. 1ia~~i~eti~s, of?~i~~alions, anr~ anrum~~rances o~ every nature on said pro- pprfp: fo ~rn~et, c~c~n~nril or su~J~r no u~ns/r, impuirmenl or ~~eteriorafion o~ sait{ ~an~ or fhe improt~emeMs llu~m~•r~ o! any limr: lo ~~~r~? Ih~~ huil~lin~~c nou~ or h~r~afl~r o~~ ~nid land (ully insurecl i~i a sum of nof ~ess ~ti~~ highest insurable value----------~-------------------------------- i?~ u~•ompany or ~~umpa.~ii•s a~•r~~ptn~?(~ lo t'~~ morl,ryaq~P. 1{~e po~icy or po~ic•ies to ~~e hnld hy. and payn6le ~ to, sai~ morfc~a~~c+~, an~~ in Il~~~ r~~rnf uny sum o mon~ h~comPS ~ ( y Poya6le f~y virtue of suc~i insurancp I~p morlgag~•~ s~~o~~ ~iare f~~e ri~~~~f lo mceio~ an~ ~pply Il~e samp to the inde6tedness {iere~y securecl, accounfing to th~ n~orln~~~or (or any surplus; to pay aQ costs, ~d~arges, and expPnses, including 1au~ypr's jees and title seart~{~~s. rnnsoniiE~lr i~ecurre~i~ ur puic~ l~y 1~u~ mor(gas~ee hPCAQSP o~ f~~e ~ailure oJ fhp morfgaQor lo prompfJy an~ ~ully comp~y u~if~~ t~~~ a~~r~•~~n~~~nls, sfipulafions, conclifions anc~ coi~~nanfs o~ sai~ note an~ fhis mortgage. or eill~er, to pe~?Jorne, ~~or~~p~y u•il~~ urid a6id~ hy eec{~ anc~ Pl~PI'y IIIP agreemenfs. slipu~afions, conc~ifio~s ant~ co~~~>re~r?fs spt ~orfti i~i sai~ iwf~> a?i~ f~is morfgape or eilher. the Fvenf Itie morlgagor ~ai~s to pay when du~ nny ta.r, nssessm~~nf. insur~nc-e pr~mi~~m or vftier sum oJ money payad~e tiy ~~iNue oj sai~ nofe nnc~ fhis morl~n,rye, or ~if~~er, i~ie morl~~~~~i•E• may pny t{~e sam~, u~ifhouf ioaiving or aj~ectin~ f{~e oplion fo jorec~ose or any ollier tl(~~I~ ~ipIp11P(I~r, nn~l ~1~ such payrnents shpll 6ear interpst from ~A~P thereoJ at the hig{~pst Iaw-_ (ul rnte Ilien al~ou~e~l 6~ tl~~ larrs tl'f 11~~ Slale o~ Florida. Dl any sam o( mo?~~~ {~er~in r~~~rr~c~ lo he nof prompf~y paicr wittiin _30_ days next aJfer t~~~ samP he~omrs ~u~, or i( eac-~i ~nc~ c~very ihe anreements, slipu~ations. conc~ifions nnc~ coi~enants oj snic~ notP ~nd this morfya~~e, or ~itlier, ~r~ not /ully perjormed, complip~I witl~ and a6~dpd by, t1~en tl~e entire sum menfionp~I in said not~, and lhis mort~~ag~~, or the entire balance unpaic~ Ihereon, sl~n~~ (ortl~u~it1~ or t~ereaffer, al t~e opfion o~ i~~e morlg~qc>~. I~ecome anc~ 6e ~ue anc~ paya~i~e, anyfhinfl in snicl note or he~efn to I~e ronlrary not~oifl~slandinry. 1=~ilur~ ~>y fl~P mortgagep lo exercise any of fhe rights or op~ions hereirt proviclec[ sI~aII_nof conslilula n iraii~~•r o( any ?ighfs or options rtnt~er saic~ notP or t{~is neo~tgage nccruec~ or t~ierPa~lcr accruin~. ~n ~itness ~hereof~ <<~~• Sp!(l morfq~,ryor ~1(~S I+PrAUnfo si~rnprl oncl s~ale~ these presents ~hP ~ay anc~ y~nr Jirsf ahoi•~ ~vriH~n. $igne~. sea~p~ an~ [le~irrrec~ in f~e pri~svnc~ oJ: . .~~.~_a._.~._ _ _ . . ~ Gerald A. Rephart - - ~ - - - - -Ya~- - ~ ~ ~ H. ~Ke art ~ - - - _ . S'I'ATE UF FLnRIDA~ ~ COL'~fTY OF ST . LUCIE I HEREBY CERTIFY that on this day, before me. sn of(icer dul~ authorized in thP Seate atoresaid and in the County aforesaid to tak~ acknowttdqmenu, personally apptared GERALD A. KEPHART and E~7A H. KEPHART, his wife, to mr known to bc the p~•rwn S described in and who ez~cuted the forrqoinq instrument and th@y acknowkdRed beforc me that they ~x~cuted the same. ~\'I"1'tiESS my hand and otti~ial seal in thr County and Stat~- last afor~said this • ~,,,~,~~~~e•~_:a[ September A. D. 1972. ~ y''.~ . ~ i`,'.. r ' : _ . - ~ = ~~f~G~~"~i ~ • -,~•-•-•.-•••~,.NT•~••y NOTARY PUBLIC S~t -of ~ rda; ~ ~ ~f0 AND Rf~pRQt0 ~ ~ ~ : MtY f~". at Large . s~. aoa+~ ~o tw~?s ~ : ~ ` = U , . CtERK ~~~~~~j ~ d~~ T M y C o mm i s s i o n E x p~~ s; REC~R(1 YEP.IFIED j ~ ~ ~ ~ ~ ~'Z ~ • . } Z~VS~ ~ Thu I~u~n~~,~~,rr pmp~rn~! hy: m~ itutrument was P~pared b1 ~ Robe~t M. Ltoyd of (1 k ~~~0 B~JOK f~~~~f~-u 2U6 ~A~E NEILL GRIFFIN lEffRlfS & 1~0Y~ 124•A Plo. 2rtd St; eet fo~t Pierce, Florida i~ - - - E ~ s~ ~ . _ . e".~ ~z~"