HomeMy WebLinkAbout3875 and shall per~orrr~. ~omply ee~ith and 46idp 6y each and e~~ery the agreements, alipulutions, condittona and •
cot~enants Ihprpoj, and o) this morfgage, tl~en Ihis mortgagP and thp estute I~ereby crealed, sha~~ cease, de-
tPrmine and be nu!! and i~oid.
~nd tl~p mortga~or hem6y Ju~ther cove~~nnts and agrees to ~y P.~omPtly whp~ due 11?a principal und
interest and other sums oJ ~noney prorided for in said note ond thta mortgage, or eitl~er: to pay aII and
singulnr Ihe tn.rps. assessme~ts, levies, lia6ilities, obligations, and encum6rances oJ every nature on satd pro-
perly; to permit, commif or suj~er no waste, impai?ment or deferioration o~ saic~ land or fhe Improvemenfs
thereon any time; 10 ~PPp IItP 6uildings nou~ or ?~erPa(ter on ~aid Iand jully ins~ired in a sum o/ reot less
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in a comp~ny or companies acceptable to the mortgagee, the policy or policies lo be held by, nnd pnya6le
!o, said mor~gaQee, and in tl~e event any sum o/ r?eoney 6ecomea paya6[e 6y viriue oj suc6 insura~ce !he
morfgagee s1~aII have f~e rlght fo receii~e and apply the sume to t~e inde6tedneas {~ere6y secured, accounti~g
to f~p morfgago~ Jar any surplua; !o pay a~l costs, charges, and expenses. Inc~uding ~au~yer ~ ~ees anc~ flt~e
sparch~s. rPnsonably inc~i?rec~ o~ puid 6y tke mortgagee because o( the fai~ure of !{?e mortgagor to prompt~y
ane~ ~u~~y comply u~il{~ f{~e ngreementt, stipu~nftons, conditions and covennnts oj said nofe and thie mortgage,
or either: to per(orm, comply u~itk and abide 6y each and every ti~e agreeme~ts, stipulations, conditions und
coi~ennnts set fortti in said note nnd t~is morfgage or eil~er. In !~e event !~e mo?Igagor fails to pay u.hen ~
due any tax, assessmenl, insurance premium or otf~er sum of money payn6le by virtue o~ said note anc~ f~eia
mortgage, or eit{~er, f~e mortgugee mny pay I~e same, without ~uaiving or aJfecting fhe oplion to ~orec~ose
or any otl~er rigl~t I~ereun~er, anc~ nII such payments sl~all 6ear interest /rom clate ll~ereo) at tbe ~ighest ~au~-
Jul role then allou~ecl by tl~e Iaws o~ the $tate o/ Flori~a.
~l any sum o( money ~erein re~prrec~ fo he not promptly paitl u~ilhin l~j ~ays next affer S
fF~e sarne becomes clue, or i( each nnd every (l~e agreements, stipulafions, conditions and covenants o~ said ;
note and t~is morteaqe, o? either, are not ~u11y per~ormed, complied wilti ~und n6idc~ 6y. !{~en tF~e entire ?
sum mentioned in aaid note, artcl fhis rnortgage, or !he enlire ba~nnce unpaid ttiernon, sl~all /oHl~iuit~ or
t~erea~ter. at f~e optFon o~ the mortgagee, become anc~ he d~~p and ~ya6l~, anyftiing in snit~ no[e or herein ~
fo t~e contrary nolu~if{~sfanding. Fuilure 6y ~he mortgagee fo exercise any of fhe rigtits or oplions kerein ~
pro~~i~ee~ s~a~~ nol ~onsfilufe a inniver of any rip~ts or options unc~er saic~ nofe or ftiis morlgage accruec~ or ~
f~Prpajter accruing. ~
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~~in~ss ~~~~~Ol~ th~ said mcrlgngor hns herei:nlo signPd and spalecl these presenls tl~v $
I ~~aY nnt~ ypar ~irst atiore u+riffen.
INDIANOLA GROVES, Co-Partnership f $
Signe~I. ~ ealed and clelir ed in tl~e presence o~: ~ R. Mint n& S' aey Ann Minton `
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STATE nF FLOR[DA, ~
cc~t'`TV c~F ST. LUCIE
1 HFREBY CERTIFY that on this day, before me, an
o(fic~r dul~- authori~ed in the State• afor~said and in the County aforrsaid to tak~ acknowledqmrnu, prrsonall~ app~ared
O. R. MINTON & SHIRLEY ANN MINTON, his wife & Co-Partners, trading.&
doi~nc~ bu~i~ess und~r. t~e f~r~ r~~e~ 1~ of INDIA~10LAeyRf~~ j
to mr• no n to t i~ p~rwn $ dcicrtb~ ~n an a• o ed'thfsltS~~~'ri~ instrument an .~h a !dged ~
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' ~ befor~• me that ~'1@y ~xccuted th~ sam~. ,r ~ :
~ ~ ~~'Il~\ESS m~• hand and offirial uai in thr Cc~unty and Statr last afortsaid Ihis ~ day of ~ r
i
~ December n. i9 72. ~
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~ F~~Ea ~ti~~ ~ECORDED N~ary Public, State of Fla. at Ld~rge
~ ST.IUCi~ LOUNTY FIA. M17 COli1IrilSSlOI1 EXP1r@S: / /j
~ ROCir i;t'Fd5 ~ ~ ~
CIEPK ~~~.-.~17 COURT ~`~j j
I REC~SRC F~'FI~p
~ NoUry Public. St~te ot f{a~da ~t ls~pe i
Mr c D~ . u. 197~ '
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