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HomeMy WebLinkAbout1469 and al~all pe?jam, oomply wtfh and a6td~ 6y each and ~w~r tl~~ agnenanls, stlpulafloria, eondlt[ona and corenanb Ikersoj, and oj tl~ti mo?fgaA~, then tl~ia mortgag~ nrid !h~ ~atat~ I~n6y c~at«I, akaU ceo~~, d~- lenntne and be null and void. ~ the mo?fgaflor hero6y jurtl~e~ couenanta and a9nes to pay promptlr wken dw tk~ p?tnclpa! and lntereat and otl?er sun~s o~ money provided jor in sald nole nnd fl~ia mortgage, o? ~lthK; to pay nU and aingu~ar !tie taxes, assessmenfs. ~euiet. ~tnbi~tfiet. ob~igafio?u, and encwnbnanc~a of euery natur~ on rald pro- perly; to permJt. commit or su(je~ no waste, tmpatrme?~t or deferior~ation oj said ~and or the !n?prow~nenb t1~e?rcn at nny time; to ~eep the bui~ings now or tie?~ea(ter on satd land /ully inaured in a iwn o~ rtot ~eat than in a company o? eompnnies acceptab~e to fhe mortgagee. the po~lcp o~ po~tcies to 6e held 6r, and ~~wble fo, sa~d mo?tgagee, anc~ in f~e euent anq sum of money becomes ~ya6l~ 6y virtue o~ iuc~ i?uurance the mortgagee shal! have tF~e rtght eo rece~ve and apply tl~e same to tlw ir~de6tedness here6y secured, accounting fo the mortgapor ~or nny surp~cu; fo pay aII costa, chn~+gea, und experues. inc~uding ~nwyer~ _fees and fit~e searcl~es, reasona6ly incurrecl o~ paid 6y the mortgagee 6ecowe o/ the ~ailure o/ tl~e mortgago~ to promptly # and jully comply with Ihe agreements, stipu[ations, condittons and covenanb of sald note and tl~is mottgage, y o~ eit~e~: to pe?~orm, rnmply wtth and a6ide 6y eac/~ and euery the ugreemenb. slipulationt, condifioni and oouenants sef forl~ in said nofe und this morfgage or either. /n the enent Ihe morfgagor jai~s to pay when due nny tnx, assessmenf, i~suranoe premium or ofke~ sum oJ ~,one~ ~ya6l~ 6y virtue of said nole nnd t~ta n~ortgoge, or eilher. fhe mortgagee may pay the same, wif~ouf wni~ing or a~~ecting t~e option fo /orecbae or any other ~igl~t I~e?eunder, and ulI sucli pnyments ahall bear interest ~rom dale tber+eo/ at t1~e f~tghest 1ow- (ul mte t1~en allowed 6y the laws oJ t1~e Stale o/ Florido. ~l any sum of money {~erein re(erred to be not prompf~y paid _within 3~ c~ays next a~ter the same 6ecomes due, or iJ each and every Ihe agr~eementa, stipulations, rnnditions and eouenanb o/ said note and Il~is morlgage, or either, ane not jully performed, complted with and n6~ded 6y. lhen I?~e enti?e sum mentioned iR satd note, and tl~is mortgage, or the enttre bnlnnes unpatd llteneon, shnll /ortl~witk or tl?erenjter, nt tl~e optton o~ tl~e-mortgagee, become and be due and payn6le, anytl~ing in said note or 6erein to the contrary notwifl~standing. Failure by 16e mortgagee to exerrtse any of the rig~ts or optfons herel~ provic~ec~ s~a~~ not constilute a waiver oj any rights or options under satd nofe or t~is mortgage accrued or ~ t~ereafter accruing. _ ~n ~~Ol~ !he said mortgagor f~as hereunto signecl and sealed theae presenls the dny nnd year Jirsl abone u~ritten. . Signed, sealecl and delii~ered in fl~e presence o~: - . - ' ~ - - - ~ - - ne.l.a . - Pegan - - uy . ~ _ . - - - - - - . - - ---.~..~~1 eronica J. P~g ' ~ . 4 ~ I ~ ~ S 1( ' ~ S I HEREBY CERTIFY that oa this day. before me, aa o(ficer duly authorized in the State aforesaid and in the County afonsaid to take actnorvkdgments, penonally appeared DONAI,D J. PEGG ANID VERONICA J. PEGG, I~S WIFE to me known to be the person 6 described in and who e:ecuted the torcgoirys instrument and they acknowkdged before me that t~y/ exccuted t6e same. WI7'NESS my hand and o(ficiai seal in the County and State last aforcsaid this day of ~ Q A. D. 19 ~ - ~ .Y ° ~ ~ . ~ _ ~ ~ I~r co~nissio ~~BG. ~ALEN ! ~ State of New Jersey N ARY PUBUC OF NEW 1ERSEY ~ CQ{~ty of .Morris My Commission Expires lan.22,1975 a C. i'y'y''•-., Y:, ~ - I ~ - '9.r~•, = ~ ~~;1C ~ A`~%' , - FILEO AM~ RECORDEO ~ = ST. WCIE COUNTr FtA. ; •~y V~~^~G'•~ ~ CLE K~C ~CI;~T C URt ~ eFr,Ok~ vF~~~~EO..,..,,._~ - • . ~ . Ars ~6 3 3o PM'13 , . ~ ` fha I~utrumcn~ p,rp~ared by: Sam C. Gqy, Vice President - A~drrxs Title Security Compar~y z53Q~~ ~i p+ 213 P~~~' 321 S.~d Street Fort Pierce, Florida 33~+50 , ` _ ~ ~