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HomeMy WebLinkAbout2097 n~~~ sl~a~~ p~~forn~. ~~omp~y u~ilh a~~~ a~ic~e ~y eac~ and every ttie a~~m~nts. •llpu~ationa. eondifio~s ar~ n~i~~nnr~ls Iti~nti.~. an~ oj I~~ts rnorfgalir. 11~pn Itits mwfpnge an~ tti~ eitale 1~eroby croated, ihaU c~ews. IPrmine m~~ ~x~ ~u~~ an~ ~wl~~. nIW l~~p murl,rya~or ~u~ri~f~y rwlher covenanla and agraes to paY promplly when dus the p?1?~cipal a?~d infernal a~~ ottier su?ns o( money provi~Ie~I Jor ~n sat~ ~ofe and ftib mo~lpafls, or etther; fo pay a~~ n~d sinnular Ihe la.res, assessm~nls. ~~vies, ~ta6i~ifi~s, o6~i{~aftons, and encumbnances o~ svery nulure on tald pro- pprlv: lo ~rmil, cummif or su(~er no tuoste, impairme~d or deleriorafion of sa~d land o? !he lmprouemenb I~u~r~n al a~rv lime: lo Ir~np fI~P hutl~Iinns nou~ or he~+ea(lc~r un ~aid land )u~~y ~nsiurd in a sum o( not ~ss ~han Fifteen Thousand Dollars (515, 000.00) in a mo~~xu~y o~ ~~ompanic~s accr~~table fo Ihe morfgapee, 1he poltcy o~ pollries to be hpld 6y, and payable fo, sait~ morl~~ngpp, ancr in Ihe nvPnf any sum o~ mone~y 6ecomea paya6le 6y rirtue o! such insurance Itip morlqagee si~all I~a~~e ~he ~ipl~t lo Mcpii~e and apply 1F~e same fo tl~e indebtedness here6y secured, aceountin~ fo f~~ morfga~or ~or any siup~us; fo pay a~~ c~osls, e•ha?pes, and expensps, inc~uding ~awyprs ~ees and tit~e searrti~s, ~rasonahly incum~il ur pai~ I~y Ihe mortgaflee 6pcnuse of 1{~e f ai~ure o~ Itie mortgapo~ to prompt~y nnt~ ~ally comply u~ilh Ihe a~reemenls, sfipu~alions, con~itions ancr covenanls of aaicl nole anc~ i~is mortgage. or ~if~~e~: fo perforn~, ~-omply u~ifli an~ abi~e by eacli ancl ~~ery Ihe agrePments, sfipu~attons, conc~ifiona and ru~~rnanfe set forfti in sai~ nole an~ t~is morlgage or eif{~er. ?n t/~e even! t/~e morfgagor ~ot~.t fo pay w~en due any tax. nssessm~nt, insur~n~e prc?mium or ot?~e~r sum o) money payn6le 6y i~irtue oJ said note and this morf~age, or pitlter, f~e morl~ac~ee~ may pay Ihe same, u~tt{~out u~aivIng or a~~ecfing the option to ;orec~ose or any ol{~er ri~tit 1~erpurcler, and all such payments sl~all 6ear intarest /rom date thereoJ at tl~e highpst law- (ul mte 1{~pn alla~aed by 11~~ lmos o~ 11~~ $fafe o) Florida. ~l any sum u( mun~v herein re~erre~ lo he not prompf~y paic~ wifhin 3~ - days next u(ter - f~~~ sam~ hec-omes ~u~, or ij each and ~nery !hc a~reements, stipulations. c~ondilions anc~ co~~enants oj sai~ ~ i~ole and tl~is mortga~e, ar ~ither, are nof jully per~o?med, complie~I will~ ond a6~dpd 6y, t6en tl~e enlire sum mentionpd in saicl not~, anil Ihis mo~t~age, o~ the entire 6alance unpaid Il~preon, shall Jorti~witk or I~eren~fer, af f~o oplton o~ fhe moriqp~ee, become an~ h~? ~ue and payab~e, anything in saicl note or he?ein to I~e conirary nolu~ilhslandin~. Failurc~ 6y Itie morlgagee fo pxercise any of fhe rip~ts or opfio?~s ~eretn pronic~ec~ s~n~~ nof consfil~~le a umi~~~r o~ any ri,ryl~ts or opfions unaer sai~ nofe or f~is mortgage accnie~ or t~~ernajf~r aci•ruing. ~n IF~e sai~l mortg:~c~or hos /~Prnunto si~ned and sealed these presents IhP ~ay an~~ year ~irsl n~~o~~e ~nrillen. Signe an ~ in he pres i o~: - • ---./~'-..-~~'o_'.'.'..`--~------------•.....-•-••--•--••-----~ - - • ~~~~2%~~~ t.¢~ . - - - - - , ~ ~ . I ' - - - i ~ E t ~ ~ STATE OF FLORIDA. ~ cc~utiTV c~F ST: LUCIE - I HEREBY CERTIFY that on this day. before me~ a.~ o(ficer duly authorized in the Statc aforesaid and in the County a[oresaid to tak~ acknowledqm~•nts~ penonally appeared Hosely Gibson ~ to rwc known to b~ the penon deuribed in and who executed the [orcqoinQ instrument and he acknowkdged ~ Ix~for~ m~ that he ~xecuted the same. . t-~' ~ «"I7 itiESS my hand and of(icial scal in thc County and Statc last atorcsaid this v o( i ~ ~Y`3.1 « A. D. 19 73. ~ ~ ...........::.~r: '4: ' F+3 • ~.wUi/f~ a''i':.; ~ / y~~ . ; ~ . . ~ • ~ • ~Y . s> ~ : _ . , , . ~ ~ : , • _ .i= ~~~<<T ~;~~N.:. ~ . . :,-~y ; ~ ''t -p U s.'~ ~t'~ ~ i LEO AMD RECORDEQ ~ , , ~ o.:..~ . . tr - ~11CIE COUMTY Fu?. ~ ~ ~.,t} ItOCf.~ =ntTRAS ( .•F 41r~1~.~_~ ' CLERK Ct'.,SU~t COURT aECOac vc~~ ~iEa~ ~ . . A!R S Z 35~M'Z3 251386 fliu J~,.urnnr~~r~ pnp~»rd by: 0' Laug~hl in & 0' Lia ~il in ~ gR~~ rAf~E ~ P. O. Box 3405 Fort Pierce, Florida 33450