HomeMy WebLinkAbout1702 a~d shall perjorm, comply wi~l~ and a6ide 6y each and ei~ery 11te agreements, sttpulaftoris, conditions and
co~~enanls t1~e?eof, and o/ this mottflane, tl~en fl~is mortgagR nnd the ettate {~ere6y c?eated, shall cPaae, de-
fe~mine ancl Ge nu~~ ant~ iwlcr.
T1~ fhp mortgaf~or her~~by (urf~e~ c~ovenanfs and ngrees to pay promptly when due the principn! and
tnterea! anc~ ofher stirns of money provic~e~ ~o~ in salcl ~ote a~d tht: mo~fgage, o~ eifher: fo pay a~~ nnd
singular !he ta.res, assessm~nts, leuies, lia6ilitles, o6ligations, and encum6r+ances o( every ~ature on said pro-
perty: fo permlf, commif or su((er no u~asfe, impairment or c~eter~orafion of said Iand or ftie Improvements
lherncn af any fime: lo RPPp I~P hui~~in~s nou~ or tierna~ler on ~aic~ ~nnc~ Ju~~y insiur~ in n sum of nol ~est
t/~a~ its insurable value
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i~ a company o~ rnmpanies acc~pta6le to the mortgagee, the policy o~ policies to 6e I~eld 6y, and payable
fo, sai~ morfpagee, an~ in I~~e event ~ny sum o/ mon~y becomes payab~e ~y virtue b~ such insurance t{~e
I moriflagae shall ha~~e ~he right to rereive and apply Ihe same fo the inde6tedness I~ereby secured, accounting
to f~e mortga~or ~or any surN~us: fo ~wy a~~ costs, c{~arpes, and expenses, ine~uc~ing ~awyer~s (ees an~ lii~e
searches, reasonn~~y incune~ or ptiic~ tiy fh~ mortga~ee 6ecause oj I~e fai~ure o( ttie mortgago~ !o prompl~y
a~~ f ully comply ii~if{? ttie n,yreements, sfipu~alions, conc~ilior~.t ancr covenants o/ said nole and ihis mo~tgage.
o~ eilf~er; fo perform, comp~y with an~ a6icle by each anc~ every lhe~ agreemenls, sttpu~ations, conditions nnd
covenanls sel /orth in said note and tl~is mortgngn or eithe~. In Ihe event the mortgagor jails to pay wl~en
clue any tax, nssessment, insurance premium or other sum o~ money pnya6~e 6y virtue of said nole anc~ this
mortgage, o~ eit/~er, fhe morfgn~~e mny pay fhe snme, u~iltioul waiving or a~~ecting t{~e opfton fo Jorec~ose
or any other ri~{~t I~erPUnde~, anil al~ suc{~ payments sha~I benr interest (rom date fher+POf at tl~e I~ighest lau?-
~ul mte 1{~~n allowed 6y th~ la~as o~ Ih~ Stale o/ Florido.
~L any sur+e o( money Iier~i~e re~errec~ fo he not prompl~y paic~ wifhin thirty days next n~fer
t{~p same be~comPS~ diie, or iJ earl~ ar~d eoery Ihe agreemenls, st+pulutior~~, conditions and covenants oJ said
notp nnd this morlf~a,ry~, or eill~er, are no! /ully perJormed, complied with anJ a6fdpd by, tl~en the enlire
sum menfione~ in said not~, and this mortgage, or !{~e entire balance unpnid tbereon, shall (ortl~wilh or
t~erea~ter, at thc? option o~ f{~e morf{~ary~e. 6ecomc~ and be due and paya6le, anyt~ing in said note or ~erein
fo ttie confrary notu~it~istanc~in~. /'ai~ure ~y t~e mortgagee to exerrise any o` fhe rig~ts or optio?~s ~erein
proni~c~ s~~a~~ not consfiiufP n u~aioer o~ any ri,q~ts or opfions un~er snicr note or l~is morfgnge nccrued or
t~erea~ler accruin~.
~n ~itness ~hereof~ 1{ee sait~ morfgngor hns ~ereunfo siqne~ an~ sealecl Il~ese presenls ftip
clay antl y~nr Jirsf atiove ~arillen. ~
Signed, sealPd and delii~er~c1 in t1~~ pr~•sPnce o): • ~
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Wayne L. Herring
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arilyn ~M'~Herring ~
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~ STATE OF FLORIDA. ~ ~
t COL'NTY nF ST . LUCIE ~
~ I H~REBti' C£RTIFY that on this day, beforc me. an ~
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~ oftic~r duly authorized in the Stat~ atoresaid and in the County aferesaid to tak~ acknowledgmentt, p~rsonally apptared 3
~ Wayne L. Herring and Marilyn M. Herring, his wife 3
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~ to me known to be the prrson S deuribed in and who eaecuttd the [orcqoinq instrument and Wk1Q~ ~,yc~r~t~ ~
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~ beforc me that they~xccuted the ume. ~.y~% -
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z KITNESS my hand and official seal in thc County and Statc last afweuid this ~8't~l diy eZ :
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~ November A. D. 19 72 . Y~ O~
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Notary P ic
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~ NOTARY PUBLIC~ STATE Of FLORiDA AT l~R6E :
~ i~LEU A!+^ R£COaDED MY COt.1~~1SS1'~N E::Pii,~~ t:[C. tG: 1973
' aT WG`•E G~~NtY flA. sOtiDED iH~l FBED MI. DIESiEIIWRST
` RG:+L" ~;i1T COU
RT
CLERK~~ ,E i
~ PEL~~;,~rf vtf~_
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s Nor Z8 4 z6 PM'7 Z
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~ This Inrtrumcne p~parcd by:
~ ~an~ Rupert N. Kob(egard, m gooK 2Q$ FAGE 170~ ;
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` P. 0. Box 3230
~ Fort Pier~e, Florida
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