HomeMy WebLinkAbout0511 and sl~al! pe~Jorm, compiy will~ and ab~de by ~f~ and e~~ery the ag?eeenenta, sflpulnlio?is, aondifions ond
c~u~~cnants thereoJ, and oj t~ts mor~~as~e, lhen Il~is morteafle qnd t1~e :~st4te ltrreby created, shall ceose, d~-
fprmine on~ Ix nt~~i or~~ aoi~. .
ni11~ 1/~e morfgn~or he?i~by ~urlhe~ covPnants anc; ngrees fo pay prompfly when dup fl~e principul and
tnfe~s! ancr ofher sums o( maney providecl /or in auic~ nofe and ttits morfgage, ur eli~er: fo pay a~~ anc~
ainguln~ ftie faxes, assPSSmenfs, ~e~ Fes, ~iabi~ifies, ob~ig~liona. and encumbr+ances o~ euery noture on snId pro-
perfy; to pPrmil, commtf or su~~er no u~usfe, impairmen! or deferiomfion o~ sai~ ~and or fhe improvemenb
f6en~cn at ony Iime; 1o Ir~ep the 6uildinfls nou? o~ !:r?eafter o~~ snid Iand jully insurecl ~n a sum o( nol less
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f~an
in a com~wny or companies accepfnb~e to Ihe morfgagee, f~~e po~ecy or po~icies fo 6e held by, and paynble
to, said mortgagee, an~ in t~~e e~~ent ar.y ~rim of money becomes ~yabl~ 6y virtiu~ of sucti insurance t~e
mortgugPC• shall ha~~e Ihe ?igl~! to rpcei~~ and apply fhe same to Ihe indebtedness hereby secured, acrnunling
to ftie rnorfga~or jor any surpG~s; fo pay a~~ costs, chnrges, and expensas, including ~awyer s fees and fif~e
searchFS, reusonaE~Iy i?tcurrp~I or ?~aiil 6y fhr morfga~~ee because oJ I~e failure o` I~P mortgagor fo prompfly
anc~ Ju~~y comp~y u~il~ !~e ugreF~enls, slipu~ations, con~iliuns an~ rnvenants of snicr note anc~ fhis inorf~nge.
Q• eit~~r: to perJorm, comply ivitk nncl abide by eoc{~ anc~ euery fhe a~rcements, sfipu~ations, con;,{itions. nnc~
cooenants sef ~ort{~ in said note ancl this mortgage or eilher. ~n fhe even! f{~e morfgagor ~ai~s fo pny w/~en
due nny tar, assessment, insumnce premium or other sum o~ money paya6[~ 6y virlue o~ saitT nale bnrj f~is
morlgage, o~ eilher, t{~e mortgayep neny pay t~e same, wit~ouf wniving or af
jecfing the oplion to ~orec~ose
or any o?{~er ri~ht hereund~r, ancl a(I suc~ payments sI~aII ~iear interesf ~rom dnte thereo~ at the l~ighest Iaw-
Ii/I lA~P 1{IPJI QIIOtI~E'tI ~V IlIP IOIt~S 0/ ~?IP S~p~P O' FIOTI~Q. _
ar~y sum o~ mon~y herpin re~errec~ to be not prompt~y paic~ wit{ein ~1`tr
Y dnys next a)ter
!hQ same b~com~s due, or ij each QII~ PI~Pry ~~P Qgrpe/IIPJIIS, stipulations. condilions and coirenant~ o/ saitl
note nnd ~6is marigage, or ritF~er, are not (ully perjormed, compli~ with and a6ided 6y. Il~en tl~e ontire
sam mentione~/ in said note, and Ihis mortgage, or tl~e enlirr 6alnnce impnid tF~ereon, stiul~ ~oNhwifh or
11~erea/ter, at tf~~ oplion oj tl~e mortgaQe~. 6pcome and 6p d~t~ and ~ya6lp. ~nytl~ing in said note or herein
fo t~p coM~ary nolwill~slanclinp. FailurQ by fhe morigagee fo exercise any of f~e rig~fs or opfioru ~ereiit
• pro~~iclec~ s~a~l nof ~onslifutp a u~aii+~r o( uny ?ig{~Is or opfions u~der saia nofe or Ihis mortgage aca.-ruec~ or
tI1PtPQ~f~r OCl7li1liQ. _
~n ~itness ~hereof~ ~fIP sai~I morlgagor IIAS I~prPUnfo si~~netl ~n~ sealerl Ihese presenfs ~~P ~
c~ay and y~•ar jirsf ahore u~riNpn.
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Si pd. spalecl anc ~[i ed in ?~P prc•s~ncP o~: ' ~
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~ / STA'I'E aF , • ~ ;
~ COL'\TY nF ~ r----
~ I HEREBY CERTIFY that on this day, beforc ine~ an
o((ic~r dulq authorized in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgments~ personally appeared
aeer F. PMed and Hi]~ds 1~igd, ttis ~?it'e
to sne know•n to 1x the pcrson$ d~scribed in and who executed the furcgoinq instn~ment and ~~i acknowledged
before m~ that executed the same.
~~I7'\ESS my hand and of(icial seal in the County and Statc last efortuid this o[
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: I~'~f 88 ~OII ~~S@8.~' . ~ ~'C , ` 1 -
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i I%is hwn~~~aa~ prrpm~! hy: S~+ C. Gqy~ Yice P~'esident
' Title Secw~ity Cao~ar.qr oY Fbrt Pierce
; Address 321 South Second Street-Fort Pierce, Flarida 33k50
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