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HomeMy WebLinkAbout3266 an~ slwl~ pc•rJorm, cumply u~ith an~l abi~le 6y ~uch ancl every Il~p agreemrnts, sfipu~ationi, ronditiuns ancr ~a~~ennnls 1{~ereo(, and o~ Iliis mort~~a~~e, th~n this morfc~oge anc~ the esfate I?erPE~y C~PQ(~, sl~a« cpase, cle- f~rmine nn~ ~~r ru~~~ a?a~ oui~~. Iin~ I~~A murtga~~or ~u•n~f~y ~urf~e~ cui~enan~s an~ agrees to poY promplly iohen due the prin~•ipal anct intemsl cu~c~ of~~er sun~s o~ mo?u~v proi~i~~e~ (ur in saic~ nole ane~ t~is mortgap~, or eittier; to pny al~ anct sinc~ulur Ih~~ f~x~s. ~ssrs~mrnts. te~~i~s, IiaE~ilili~•s. oL~i~~u/iu?is. auil encum~rances oJ PI~PIy neteere on seid pro- pe?h: b permiL ~•ommit or su~J~~r ~~o u~asf~, intpnirntc~nf or ~~eteriorafio~t o, saitj ~ant~ o~ fhe in~provements f~~vrt~~•n nl «ny lime: (o ~i~rp t~ii~ ~~ui~tlin~~s nou~ ar ~~~~rrnjfe~r on sait~ ~ant~ ~u~~Y insuret~ in a Sum o~ not ~~ss I ~~IA11 . . . ~ !n a coni~~~??t~ or ron~p~ni~~s ~ir~~pfa~~~e fo i~~v moriyac~~•r.-tii~-po+tcy or~ pojici~s to ~P ~c~~~ ~?y, ar?c~~ {x~Yah~e-- ; to, said morlqngr~~, onrl in th~• ~~ri~nl any sum of moni~y h~comes paya~Ie ~iy t~irlue o( sucli insurance the ! mortgagi~~~ shnll h~i~e tl~e ri~~h1 !o r~~~•~i~~~ ~nd apply IIIP SURlP to the indebteclness li~rel?y secttrecl, accou~fing ! fo 1{~r morfgago? (or any surp~us; fo pay a~~ costs, c{~an1~~c, ~n~ expenses, inc~u~ing ~~wyer~s jPPS an~ tit~e seurc~u~s, n•nsunnl~~y in~urrv~~~ .~r pai:r E~~ t~i~ morf~aq~e I~E'l'AUSP o~ tf~e ~ai~ure oj i~e morlga~or to promptjy i ~ ~?i~ (u~~v ~~omp~~ ~ril~i I~~e a~~ ~ee~mF•?~Ic, slipu(afions, ronc~ilions an~r coi~enanls o~ saic~ note antl f~~is morlgage. ~ or eitlu~r, !o pYr~orm, comply u~iil~ an~l abide Gy eacl~ ancl ~ren tl~e agreemAnts, stipula~ior~s, coredilions ond i cui~~•~~ur~i. srl furt~~ irs sa:~~ note artc~ t1:is merlg~go ~r r•iltiPr fhp arent t~~p morl,qa~or ~ails fo pay u~hen t~u~• ~ny tax, nsst>ssm~•nf, insur~nc~~ pr~~rnium or oflu•r strn~ o~ mwiey payati~e {~y rirh~P oj snit~ notp nn~{ this morfc~a~~i~, or ~~if~~er, f~u• mortc~a~~c•~ may pay t~e~ samv, u~ilhout u+aini?tg or a~Jecfing fhe oplion to ~or~c~ose or ant• o?l~f~r ?ir~{it Ir~re•+~nrl~r, nn~l n~l su~•h paimenls shal~ ~~ear intprpst ~rom ~AIp thereoJ q~ I~IP tiighes! ~au~- (r~l rale~ 1l~rn nllomed 11~~ Im~~s oJ thh ~tnl~ o~ Florida. ( ariv sunt i~~ moiir~v {irrri?~ rf~~~rrv~~ lo tiP nof promptl~ pai~ tuittiin 3Q t~ays next ajier f{u~ sam~ ~?~•~-onrrs ~~u~. or iJ ear{i ~~u~ ~•~~~ry 1~~~• a~~re~ntNnls. stipu~nliuns. con~~ilions an~~ coi~enants o~ sait~ nofe a»d tleis murlpn~~t~. or ~itlu~r. arn not Jull~ pc•rformet~, comp~iec~ u~it1~ an~ n6ided hy. then Ihe entire sum mPntion~d in s~id notc~, and fhis mortc~age, or fh~ pntire 6alance unpaid 1f~preon, sF~all ~ori{~u~itF~ o~ ' thereaJter, ~t fh~ opfion o~ f~~p morl~lag~~. ~ie~-ome an~ f~e c~ue a?~d ~ay~6lp, anyfhtng in saic~ nole or l~eretn to t~~p co?tfmry notiril~isfan~~ing. {'ui~ure E~y t{~e mort~a~e~ to rxercise any of t~e rig~fs or options ~erein + prori~ri~c~ s{~a~~ nof constih~t~ a u~ni~•~~r o~ onv rig~~ls or opfions unc{er sai~ note or lhis ntorfgage eucrupe~ o~ 1{~~r~n~frr ac-i•niinc~. , ~n ~#fitness ~hereof~ ~l~P SOI~I morh~~~~or !1(1S I~~~r~~~mlo SlqllE'~ U?1!~ SI'R~P~ ~~1PSP PfPSP?1~5 ~I1p t { (~Q~ nnr~ ~1 jj-',tlS~ A~Ot'P U~rittPn. / / S Pll ~ Il~ (~P~1('PIP ~ 1f1 ~~II' ~)!1'S/'/I/'P Or' ~ ~ ~ ~ ~~at.~- ~ . . . . . _ _ - ` ~ , . B. OWEN . t.~ . ' - - . _ _ . . _ . . . - , ~ ~ ~~~~t - _ . . . . . - > ,,~~i~t.•~- ~ c -L. . _ _ _ ~ . _ _ . . _ - - +FRANCES H. O~WEN ~ ? ~ . _ . i , STATE OF FLORIDA, ~ C.Oi'\TY (lF $To LUCIE i HEREBY C:ERTIFY that on this day, befort me~ an o(ficer duh• authorized in the State- a(omsaid and in the Counq• aforesaid to tak~ acknow•ledqments, prrsonally appeared ; L. B. OWEN and FRANCES H. aWEN, his wife, tq,ux~.Jsr~pwn ro br thF person S described in and uho CX~fUIf(I the foregoinq iastrument and ~1ey acknowledRed -be(tx~-r~e thaC , '1@y rxtcuted the sam~. _ . / WI7:\f~SS.my hand and oftirial seal in th~~ County and State last afotesai his `~j day oi . ' `~~~~~L~~~Oi~r A. D. 19 72. ) / ; . . ,p .G : ~ ~ U Q L~ : • ~ - - . - . . _ _ - - - „ , ~ . ~ NAIIIRY PUB! If. , 11T~ pF FI ORtn~ iT ~ AF~,^,F 1 . , ~ r' ~ - - , . aN0 RECORDED ( MY CnMM!~E,'n ~ xa~~ES 5EP1. 2, 1975 FtLEO tiENERAt INSU NCE UNpERINRITERS IyC. ` St.lUC1E COUNTY flA. • ROGER POl?R?S " CIERK ~R~f1E0 ~OU~~j"' ~ R~~flR4 VE p~ ~5 3 z4 PK'?Z ~ ;~.~3848 ` ° ~ 2~~ ~ ~'1 ~~~r rk~t ; l7rrs /ru~ru»rr•rrt prcpru~d 1?y: Jo Michael Brerinan, Esq. ,~~/,~R~ SMITH AND BRENNAN 209 RauZerson Building Fort Pierce, Florida 33450 ; ~ _ ~ ~ ~ ~