Loading...
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 < 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): • ~ ~ L ~ _ c.r~.c . - - - -------i- - - 1 Wayne L. Herring ------•---1~~-- ~ • `~.__-c. , ~~-~---~~~lt..l.a...~..~-------•-- - ~ ' arilyn ~M'~Herring ~ _ - - ~ - - . . . - - - - - - - - - - a ~i ~ ~ ~ x ~ ~ STATE OF FLORIDA. ~ ~ t COL'NTY nF ST . LUCIE ~ ~ I H~REBti' C£RTIFY that on this day, beforc me. an ~ a ~ 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 i " ' { ~ to me known to be the prrson S deuribed in and who eaecuttd the [orcqoinq instrument and Wk1Q~ ~,yc~r~t~ ~ - ~ . ~ beforc me that they~xccuted the ume. ~.y~% - •~r=. z KITNESS my hand and official seal in thc County and Statc last afweuid this ~8't~l diy eZ : ~ ~ November A. D. 19 72 . Y~ O~ . - 3 • • ~ . 1 ci- : . . ~ - , ~ . : : . . ~ - - 3 Notary P ic ~ ~ 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~_ ~ s Nor Z8 4 z6 PM'7 Z ~ ~ . ~ 242'751 ~ - - k ~ This Inrtrumcne p~parcd by: ~ ~an~ Rupert N. Kob(egard, m gooK 2Q$ FAGE 170~ ; 1. ` P. 0. Box 3230 ~ Fort Pier~e, Florida ~ : ; , - ~ ~ . _ ~ ~ d ~ a - ~