HomeMy WebLinkAbout0682 anc~ shn~~ per(orm, ~ompl7l with ond a6ide by each ond eve~? f~e agreement~. •fipulatto?ii. condifiona and
rni~enanb thereo~. and oj thti mo?t9a~e, tl~en thb erwrtgage ond tl~e eatatf 1~~~6y created, shall ceat~, dt-
le??nine and be null a~d noJd.
~ tl~e mo?tgagor hvre6y juMlwr c~ouenanb ond oA~s eo par Promp~lr wkon d~ the princtpa! and
inter~esl and oiher sums o~ monoy provided jor tn satd notQ and tl?4 mo?tgnge. or oitl~er; to poy aU and
iingu~nr ftie tuxes, assessmehts. ~evies, ~Ia6i~Ities. ob~igationa. and ~cum6rnncei o~ every natur~ on said pro-
perly; to perrrttf. commEf o~ su~(e~ no wwfe. impairmenf o~ deteriomtlort o~ said land or !he improven~enl~
therrcn at any time; to leeep the 6ui[dings now or herpa~ter on said lnnd /ully ins~ued in a sun~ oj not leas
t~an
in a company or companies accepta6le Jo the mortgagee, the policp o~ po~icies to 6e held 6y, and pnya6le
to, said mortAagee, an~ in tRe event any sum oj money beco?rtes ~~6le by viHue of auch i~surance the
mortgagee s~a~~ tiave t~e rtghf to receive and app~y the aane to thQ inc~obtedness hereby secured, accounttng
to the mortgagor (or any surp~us: to pay a~~ eosts. charges, ~rtt~ expenses. including ~auryer~s jees and fii~e
searches, reasonn6ly incurrec~ or paid by t~e mortgagee 6ecuuse ol !~e ~ollure o~ f~e mortgngor to promplly
and /a~~y comp~y wil~ 11~e agreements, stipu~afions. ~ondtrtons ~d oo~wn~a o/ aaId note and t1~4 mortgogQ.
or either; to per(orm, comply wit1~ and abide 6y eacl~ nnd every fhe ngreemQnts, stipu~ations, oondiltons and '
rnvenants set forl~ in saic~ note ancl t~ts mortgage or eif~er. ~n the evsnt f~e mortgagor ~ai~t fo pny when
d~ ~y e~r, assessment, insurance premium o~ ot~er sum o~ money pa~rablo 6y virfue o~ suid note nncj thit
mortgage, or eittier, fhe morfgagee may pay the same. wit~out wniving or af~ecfing the option to ~orec~oae
or any other right herp~~nder, and all auch poymenb shall bear intareit Jroin date tl~ereo/ at the I~igheat Iaw-
Jul mte I?~en allou~ec[ 6y t1~e laws oj t{~e Stafe o/ Florida.
~L any sum o~ money herein re~errec~ to be not prompt~y pnid within th~y days next af ter
Ihe same becomes c~ue, o~ if each and euery the agreements, afipu~nfions, oon~/itions and couenants o~ said
note and this mortga9e, or eilher, nre not f
ully perf
ormed, complied witl~ and abtded 6y, tl~en Ihe entire
sum mentioned in said nofe, and fl~is rnwlgage, w the entire 6alartc~e unpaid tkereon, shnll jortl~with o~
tl~erea~ter, at !he option o/ t6e mortgagee. 6ecome nnd 6e due and pnynble, anythtng in soid note or loerein ~
to f~e contrnry notwilhstanding. Failure 6y the mortgagee !o exenciae any o` t~e rig~b o~ opttons here[rt
provic~ecl sha~~ not constitute a watver ol nny rights or opfions uncrer snld note or t~is mortgage aceniecj or
lhereajfer accruing.
~n ~itness ~dh~reof~ 1{~e said mQ?tgog hereunfo signec~ and sealed these preaents itie
c~ay ant~ year ~i?st a6oue u•riften.
Signed, sealed nnd delevered ' II~e presence of
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~ STATE OF FLORTDA,
p cou~rrtr ~F St. Lucie ~
I HEREBY CERTIFY that on this day, beforc me. an
o(ficer duly authorized in the Stat~ a(orcsaid and in the County aforesaid to take acknowltdgments, penonally appeared
James F. Grimes and Kay C. Grim~es, his wife
to me known to b~ the person g described in and who extcuted the [ortgoinq instrument and ~gy acknowkd~ed
~ before me that they executed the same.
~ ~YI7'NESS my hand and official seal in the County and Swte last atoresaid this 2~d day of
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~ J~~'Y A. D. 19 73. , - -
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fILEU Ati~' KEC~~DEO ----~•~p -
Gfb~cu.ssion i .
ST ~s?c~~ :~ouHTr ct~. ~
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~ Cl£ °r. . : COUaT ~ N:~t~kY PUDI:~ ~ ~ '•-~'i.~~A AT lARfi~
FF~~.^~ ' ' • I.It COLl'i:i~St _'~i EXPi~`S AU.ra. 1~
S~; ~ GENERAI INSUFtAN~E l.'>:DEFt~•Ii~ITERS, l~
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Tl~is hu/nmr~i~l prcFnir'~l by: Sam C. Gay~ Vice President
~ f~~~~ Title Security Compar~y of Fort Pierce
321 South Second Street-Fort Pierce, Flor ida 33~+5~
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