HomeMy WebLinkAbout2331 and sliall pc~r(orm, comply u~ith and a6ide by each and enery the ogreemenis, sfipulalion's, conditions and
co~~enunfs t~~ereof, an~ o~ 1{~is morfga~~p. f~en f{~is morf~ape an~ IhP estale hereby crpalee~, sha~~ cease, de-
Iermine and 6e ?~ul~ an~l roid.
Iin~ 1~~p morf{~aryo~ ~~~ri~tiy ~urf~er coi~enanls anc~ agrees fo pay promptly when clue the principul anc~
inten•sl anc~ of~~er sums o~ money provi~c~tl ~or in saic~ note and t~is mortgage, or eiftier; fo puy a~~ nnd
sinflular Ihe 1~xes, asspssm~rils, leoies, lia6iliti~s, o6li~afions, and encu~n6ronces of every nnture on saicl pro-
pesly: to permil, commil or suf
fPr ~~o irasle, impairmenl or deterioration o~ saicl ~an~ or fhe improvementa
therncr~ nl any 1imp: to Ic~ep Ih~ bui~dings ?wtu O~ hPlf'Oft~r on snid land ~ully insurec~ in a sum oj ~ot ~eu
than its insurable value _
in n cumpany or compaaies ac•c~plab~~ lo I~~p mortga~ee, fhe po~icy o~ po~icies to ~ie TielcT~y, ant7 paya~Te
to, snia morf4ngee, unc~ in fhe e~~~•nt any sum oJ money 6Prnmes payab~e ~y virfue o~ such insurance Ihe
morf~agee s1~all l~ane t1~e ric~ht lo r~~•~i~~e and apply t{~e same to the indebfedness here6y secured, accounting
fo 1~~~ morlganor ~or any surplus; !o pay a~~ cosls, charges, and expenses, inclucling Iawyer's (ees anej lif~e
searches. reasonn6ly inc~ur~c~ or paic~ hy I~~e mortga~ee 6eca~up of t~e fai~ure o~ ftip mortgaflor to prompt~y
an~ (ully comp~y ivill~ tl~e a~reeme~~ls, sfipu~atioris, con~ifions nn~ covenants o~ said riote and t{~is mortgage,
or eil~~er; fo per~orm, comply ~oif{~ anc~ a~,i~e 6y eac~ and ~~~ery the ngreements, sfipu~ations, condifions nne~
con~nnnts set jorth in said note and tl~is mortga~te or either. /n the event !hv mor~gagor Jaels to pay u~hen
dtse any lax, assessm~nf, insurnncp premium or olher sum o~ moriey paya6le by virlue o~ saic~ nole and Itiis
mortgage, or eif~~er, f~~e morf,ryag~e may poy the same, wit~ouf wnivinq or aJfecfing fhe option fo ~orec~ose
or any olher rigl~t ?iernuncler, and all such payments sl~a~l 6ear interesf /rom t~ate thereof at t~e 1~ig~est law-
~ul rat~ th~n allo~aed by the la~us o~ the Sfate of Florida.
D` any sum o( mon~v ~erein re(Prrec~ to tie nof prompt~y paid within thirty ~]Qys next a~fer
Ih~ samP 6PCOm~s du~, or if eac6 an~I ei~ery tl~e agreemPnfs, stipulalions. conditions and covenants o~ said
note and this morfgary~, or eifher, are nof /ully per~ormed, complied with and ab~ded 6y, then the entire
sum menfioned in saicr nofe, and this mortgage, or tl~ e entire 6nlance unpaid tl~ereon, sl~a~~ f
ortl~with or
11~ereaJter, at th~ option oj thp mo~t~aflee, 6ecome and 6e due and payable, anytl~ing in said note ~r herein
to t~ie contr~ry notu~iflislanding. Failure E~y t{~e mortgagee fo exercise any of the rig~ts or options {~erein
proi~i~~ec~ s{~~~~ not consfilute a u~airer o( any ri~~fs or oplions under sai~ notp or t~is mortgage acrruec~ o~
fl~erea~ler accruinc~.
~n ~itness ~hereof~ the• said morfgagor I~as I~Preunto si,qned ancl sealecl 1l~ese presents the
~ay anc~ yenr Jirsf aE~one u~ritfen.
Signed. s~ale~l and d~liver~d in Il~e N~PSPI1fP o~: •
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- ~ Lloyc~ D. Ri1ey
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~ STATE OF FLORIDA, ~
Cnt'VTY OF St. Lucie
~ I HEREB~ CERTIFY that on this day, before me, an
~ o[fi~cr duh• authurized in the State aforesaid and in the County aloresaid to takc acknowledqmcnts, p~nonally appeared
~ LLOXD D. RILEY
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~ to m~~ known to br thi• . prrson deuribed in and who ea~cuted th~ [or~¢oinq instrumrnt and he acknowledged
~ before..lt~: is~i , he ~x~cuted the same.
~ 2 9th aa or s
~ `Z~['~~~ my hand and official scal in thr Count?• and Stat~~ last afor~said this y
~ S ~p~t~~r 4
~ ' . A. D. 19 72 ~ ~
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~ ' • Notar ~ib ic~
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' G.~+ (~I C,r.~~ - NOTARII PUBLIC, STATE 0: FLORiDl1 AT LARCE
~ MY COh~M1SS10N EXPIRES DEG 16, 197~
~ _ soHmm ~+au ~ w. oi~srEUw~
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~ f IlEO ANfl ~f COR~EO .
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St' ~oCER PO'ta~S`A.
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~ C1.ERK ~tRC01T COUat
r RfCORO VER~F~EO ,
~ ~ a l~ ~~'~Z ;
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~ 7%is /~u~ni»~ •~r~ pr~•p
rir~d h~~: ~ 882
~ A~l~IiruRuper~ fl. Xd6TEg'~fd, m pRK2VU PA6E ~ i~•~
P. 0. Box 323Q 600 ~2
~ fort Pierce, fforida
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