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HomeMy WebLinkAbout5132 i i nnd shall per~orm, rnmply with and a6ide 6y each and ei~ery tl~e agreements, sfipulnttons, conditioiu and covennnts thereof. and of Ihts mortgage, tl~en lhts mortgage and tke eatate f~e?~e6y cnated, shall ceose, dt- ; termine nnd be null and void. ~ t IUNi t{~e mortgagor tiereby ~urther rnvennnts and agrees ~o ~y P.omP~ty whQ~ d~ ~he P~n~r~l ~d ~ interesf anc~ otf~er sums o~ money provicjc~ (or in said note and t~is mortgage, or eit{~e~: to pn7? a~~ and ~ singular tf~e laxes, assessme~ts, levies, lin6ililie~, obllgotions. and encum6~ances oJ euery nntura on satd pro- ~ perly: to permil, rnmmlt or su~f e~ no u•aste. impairment o~ delerioration o/ snid ~und or t~e improuementt thereon a~ any time; to leeep the 6uildings nou• or I~ereoJter on said land Jully insured in n sum of not less ~ llsan ~ in a compnny o~ companies nccepfab~e fo fhe mortgagee, fhe po~icry o~ po~Iciea to 6e Reld 6y, and pnya6le to, said mo?tgagee, and in the evant nny sum oj money becomea paya6le by uirlue o/ sucle insurance t6e mortgagee shall have the rigl~t to receive and apply tke same to tl?e inde6tedness I~ere6y secured, aerounttng ~ to the ~nortgagor for any ~wp~us; to paq al~ eosts, ctiarges, anc~ expenses, inc~tu~ing ~awyer~s, ~ees artc~ tit~ ~earcF~es, reasona6ly incurred or paid 6y the mortgngee because oJ the /ailure o/ the rnortgngor to promplly ~ anc~ f u~~y comp~y wil~ t1~e agreementa, stipu~atfont, condttions and rovenants o/ said note nnd thii morlgoge. or eifher; lo per(o?m, comply with und a6ide 6y ench and euery the ngreements, sfipu~ntions, eoru~itlons and covenants set jorth in said note and this mortgage or either. ?n the event the mortgagor /ails to pay when due any tax, assessment, insurance premium or other sum oJ money ~xiya6[e 6y viriue o( snid note and thts morfgage, or either. Itie mortgagee may pny fhe snme, u~ifhouf waiuing or af/ecfing the option to ~orecloae or any otf~er right he~eunde~, and nll such payments sf~all bear interest (rom date thereoJ at the higl?est law- (uI rate then allowed by the Iaws o~ fhe State oJ Florida. ~l any aum of money ~erein re)PR~ ~O 6e not promptly pnid within thirty (30) day: next a~ter t1~P sume 6ecomes due, or ij each nnd euery fl~e agreements. stipulations. rnnditio~s and covenonts o/ said note and this mortgage, or either, are not jully per/onned. complied witl~ and abided 6y, then t1~e entire ~ .i sum menlio~ed in aaid note, and this mortgage, or tl?e entire 6alance unpnid thereon, shall jorthwith or = tf~ereujter, at fFie oplton o/ the mortgagee, become ~d 6e dup and ~ya6l~, anything in anid note or heretn ~ to t{~e contrary notu~itl~slanding. Failure by the mortgagee to exerciae anq of Ihe rigkta or options herein ; provided sl~a~~ not constitufe n waiver o~ any ?igl~ts or options under snid note or fhis morfgage nccruec~ o~ I~erea~ter accruing. ~ ~ ~n ~~lll~s ~~~Ot~ tl~e said mortgagor has I~erPUnb signed and sealed these presenfs the ~ ~ay ar.~ year ~irsf atiove u~riften. ~ i # Sig , ealed and deli~~er ' t~e presence o): ? ~ ~ . . ~ :?!C.~+~ . ~ ' . " f ttt ~ I ~ - - ~ ~ . . i - r-.- . C ~asfain , ~ ~ . ' - - '~',~lr`-~~ - - Q<"'~.~ f = ~ ~=~..~.!t~-.~..4 _~C..:...._... ~ • -ti------•~/--- . t• - ~ ~ ~ Carole M . Chastain ~ ~ , ~ ; ~ , - - ~ ~ - - ~ ; ; ~ r, . ~ ~ ~ ; r . - Z- ~~-Rrs-"~- - - - - ~ ~ ~ Y ~ ~ STATE OF FIARIDA, ~ ~ c~U:v'r~ ~F ST. LUCIE ~ I NEREBY CERTIFY that on this day~ beforc me~ an ~ o!(icer duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqments, penonally appenred ~ James D. Chastain and Carole M. Chastain, his wife, ~ to me known to br the prrso~ d~uribed in and who esecut~d the foregoinq instrument and they acknowkd~ed - ~ ~ brfore me that they cxccuted the ume. --_t+' `~Q:.,~. N"IT\ESS my hand and of(icial ual in th~ County and State last a(oresaid this 5th ~ ~da~+~g(,~` ~ January v. ~ /91.3 , - ~ . ~ - _ ~ , . _ - - . ~ . . ~~--",~`.Z.~.-~.~~,~.P._......- - ~ -1 : - • ; N y ubhc, 5tah~ cf Ft~r~~a'et LargC ~ ED ~ My Commiss~on Expires ~fo}/._'2,,~1976 • • r~ fllE~ jU1CiSY F~~' V~ . y~ h f~;,, C' ~ ~.L11~1: - ~{~RAS ~ _ . _ Ya S PGGt l,ji` GOVR~ prC,CEnK ~'r D r~ ~ r ~ 9 0l ar ~ ,z4~os4 ~ 7%c~ I~rslrriia~~~u f~r~~+,u~~/ 1,~~: joe G. Mullins, V. P. & Compt. FC~R~V~7 PaGE~~(~~ 4 First National Bank of Fort Pierce .1~(~/rt:cc n ~ P. O. Box 970, Fort Pierce, Fla. I ~ - 33450 ~ _ ~ ~ ? - ~ ~ ~ Y"- ~ r ~ ' ~ s ~ m _ _ 4~'": _ - r~.~-,:i~s"~~