HomeMy WebLinkAbout2989 ~n~l shall p~r/orm, ~•omply ioith and nhide 6y each and ei~ery fl~e agreements, sttpulntioria, condilions and
c-orenanls thereo~, nnd oJ fl~is morf{~aue, t1~en this murtqa~e and the estate here6y crnatPd, shall cease, de-
~PfR11/1P QII~ ~!P IIIII~ Qf1A 1'Ol1{. .
~n~ f{~v m~~l~n~or ~ie~n~by (url{~er coi~enanls anc~ agrees to pay prompf~y when c~ue II~e prtncipal and
internsl nnc~ ol~~r~ sums o~ monPy pro~~itlPC~ jor in saic~ note and f{~is morfgage. o~ eilhPr: fo pay a~~ ant~
sin~ular Ih~ tax~s, ~ssessm~nls, l~vi~s, linbililies, oblinations, and encum6ronces o~ every nalure on said pro-
perty; to ~~ermil, commit or su(je~ no u~asfe, impairment or delerioralion o~ said lund or Ihe improvements
II~Prncrt nf any lime; fo ~rePp t~?p hui~~~in~s noiv or hernajf~r on saic~ ~anc+ fu~~y insurc~ in a sum of not ~est
~h~n FIFTEEN THOUSAND FI`lE HUNDRED DOLLARS
in u ~•ompany or c•ompanies ACCPOIQUIP fo t~ie morfga~ee. Ihe po~icy o~ po~icies fo hptd 6y, antj pay.zb~e
to, sai~ morfc~age~, an~ in I~~e e+~ent any sum o~ money becomes payab~e tiv virtue o~ such tnsu~ance fhe
mortgan~e slial~ I~a~~e tl~e ri~ht to IPCPIVP nnd apply the same to the i~de6feclness hereby securecl, accounting
fo 1~~~ morfganor ~or any surplus: fo p~y a~~ cosls, charges, ant~ expenses, inclucling Iau~ypr's IPPS anc~ fil~e
searches. r~asonnb~y incurrec~ or p~ic~ ~y the morfgagee hecause of the Jai~ure o~ fhe morfgagor to prompf~y
an~ ~ully e-omply u~if~i the agre~•menfs, slipulafions, concritions anc~ cot~enanfs o~ said note anc~ f~is mortgage.
or eit~~er; lo per~orm, comply u~if{~ an~I a~i~e 6y Pa~h ancl every Ihe agreemenfs, stipu~nfions, conditions ane~
co~~~na?~ts set ~ort~~ in saic~ note ane~ this mortgagP or eiftier. ~n the t~ve~t Ihe morlgagor fai~s fo pay w~en ~
due any ta.r, assessment, insurn~ce premium or other sum o/ ??~o.~ey ~ya6lp 6y vi~tue of said note and this
mortc~nge, or eil~ler, l~ie morfgagee may pay Ihe same, without u~aiving or aJ~ecting fhe option to ~orec~ose ~
or any other ri~~I~t I~~rntmt~er, and all sucl~ payments shal! 6ear interpst (rom date lhereo/ at fhe highest !aw- :
(ul r~te fl~~n alloioed 6y tl~e la~ns oJ tl~e SfatP o~ Florida_
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Dl any sum o~ mon~y I~erpin re'PIfPC~ lo E~e nof prompf~y paic~ wiihin five days next ajter
th~ snme b~somi~s du~, or ij each and every Ihe a~treemenfs, slipulalions, conclitions anel conenants of said
nole arid this mort,yage. or eill~er, are not fully performed, complied u~itl~ nnd a6~d~1 6y, Il~en tl~e entire
suni MP~IIlO/IP(! in said nol~, ancl fhis mortgage, or the entire bn~nnce unpaicr thereon, sl~a« /orthwith or
IFeereaJler, at th~ option oj fhe morl~a~ee. hecomp and 6e c~ue and payable, anythinfl in said note or herein
to ftie contrary notu~it~islancling. Failur~ hV Ihe mortgagee to exercise any o` t~e rig{~fs or opfions ~erein
proi~ic~ecl s~a~~ nol constihdp a iraiv~r of any ric~{~ts or oplions unc~er saic~ nofe or t~is mo~fgnge nccruec~ or
1~~ereajl~r arcruin~-
~n ~itness ~h~reof~ 11~~• ~aid mortgagor has herpuntQ signed and sealed ttiese presents Ihe
c~ay anc~ yenr jirsl n~~or~~ ~orillpn.
Siqne~. se c~ anc~ ~~~ir~re~ in 1~~~ pr~s~?tcp oJ:
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es A. Jense
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F therine C. nsen ~
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~ STATE OF FLORIDA, ~ -
~ C(lC\TY OF $t . Lucie
I HEREBY CERTIFY that on this day, be(ore me. an
o(ficer duly authorized in the State a(oresaid and in the Count~• aforesaid to tak~ acknowledqments, p~nonally appearcd =
JULES A. JENSEN and KATHERINE C. JENSEN, his wife, .
~ to mc known to be~ the prrson S described in and who ex~cuted the forcgoinq instrument and they acknowkdged
be(or~ me that theyiacuted the same.
~ ~~'17'tiESS my hand and ofiicial seal in th~• County and Stat~ last a(oresaid thu 13th day of .
~ December A. D. 19 72. .
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~ F~~Lr, .~_~,;;~~EO Notary Publ c S~ te of Florida
st z:_.;;: _-~y jas CA. I,ar e~ .
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!%iis l,urmn,~ur prfpr~rrJ hy: Z
TNIS IttSTRUMENT WI1S PREPARED BY:
SPENCER 6. GILBERT, Attorney at la~v 5~~
220 S~D STREET. fT. PIERCE, FIA. 33450
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