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HomeMy WebLinkAbout1012 and shaU ~~~r~orm. ~~umplY wi~h ~nd nhi~le hy ~~a~~h un~l ~~~~r?-y ~I?P ~~lir~,•,~,~•~~t~. slinulaliona. condilions and i-o~~erinnls therpo'. Arttl o( Ihis morf{~a~~~~. Il~rn ?Oiis n~o?I~~a~~~~ and 11~~ o~tu1.~ i,rn•I,y crnale~l. aha~~ cease. de- Ivrmine an~I tie nu~~ anc~ ~~ui~. ~n~ ftiP murti~agor ~~pn•hy ~url~~~r con~~nanls an~ a~rees !o pay prampt~y u~hen c~ue Itie principa~ and intpn~sf m~c~ otl~er sums o~ money pro~~i~~~~d Jor in saic~ nole ancl fl~is mu?f~t~~1~. or either, lo pny all antl sin~u~nr Il~e tnxps, aSSPSSIt1P/IIS, IPDiPt, lial?ilifit~s, u~>li~alions, and encumhran~os o~ ei~ery nafurn on said pro- perly; fo pprmii, rommil o~ s~e(~er no u~asfe, im~?~irm~nl or ~elprioration o( ~~ei~~ ~~n~~ or Ihe improvementi tti~~rnon al any time; to ~~ep Ihe buildinf~s nw~~ c~r h~~rnaJti~r on snid I~nd (u[(y i?~sur~d in n sum of nof ~ess ~ttinn-------------------------------------- - - in a compnny or companies (ICCPN~Q~~N Io IhP mort~anee, thP policy or polic•i~•c to 6p held by, ond ~ynbl~ fo, sairl morfgagee, an~ in ttie ei~enf any sum o~ mm~ey tipromes payah~e ~,v ~~irfue o~ such insurance !he • morfgag~p stia~~ tiane~ ftie flglll ~O receive an~ app~y ftie same lo the i~dr6tc~~inPSS l~erpby secured, aceounting fo fhn morlgac~or ~or any su?plua: fo PAV (1~~ rnsfs, c~an~~s, Qfi~ RXPEIISPS, inc~r~r~ing ~au~yer~ jees and itt~e se~m{~es. r~asonnb~y incurred o~ ~o~d by ~hP morfga~~ee tiecausp of f~e ~ailurp of Iht~ mortgagor io prompt~y ~nc~ ~u~~p comp~y wif~ Iha ag~epnzenls, stipu~alions, i-o~~itions anc~ covennnts o~ saic~ nufe an~ l~Is mortgage. or eil{~er; to per(orm, camply ~i~ifh a?ic~ ahi~e ~V PAC~ Q?1~ Nt~Pfy IIIB agreem~nts, slipulafions, eondilions and co~~enants s~t jorlti in saic~ note an~ ttiis mortgage or rilher. In ftie euenl fhP morf~aROr fai~.s to pay u~hen due any tax, assessm~nl. inuunnre pr~mium or ofhrr sum o( ?.~~~~~y ~,yablp by airlu~ n~ said note and this morf~agp, or either, ftie morfc~og~e m~y /wy Ihe same, wiftiouf ioaiving or a~(~~~•fin{~ 11~~ oplion to ~orec~ose ~ or any otl~er rigf~t hereun~l~r, and all such pnyments sl~all bear intere~f /rom d~~~e Iheri~vJ af the I~ighest law- ~ (u~ rale 1{~~n a~~o~vec( hy Ihe ~a~os oj f~~e Sfaf~~ u~ ~'~wit~a. • I Dl any sum o~ money herein re'PITP(~ lo I~~ noi pmmpfly paic~ wilhin thirty ~ays nexf ajter ~ Iti~ same bpcomPS due, or iJ eac{~ and ~~~ery Ihe agrepm~nfs. sfipulalio~s. condi~io?es nnd coi~enants oj aaid ( note nnd this mortpage. or ei1{~er, are not fully per~ormecl, rompiied u~it1~ •ancl ~~~i~1~c1 by. il~en tF~e entire ~ sum menlioned in saicl note, ancl tl~is morfgade, or 11?e entirP ba~ance unpaid ther~o?~: shal~ ~orfhwifh or t~erea(ter. at fhe opfion oj ftie morfgag~e, hecomp ancl he due and paya6le, anyf~inry in sai~ note or he~ein fo the confrary nolwif{~sfanc~ing. Fail~irv ~~V fhe mortpa~ee fo e.rercise nny oj fhe ri<~~~fs or options {~erei~ proric~e~ sha~~ not ~onsfih~te a u~ai~~pr o~ any ri~tits or opfions un~pr sai~ notr or ttiic mortgage acrniet~ or thPrea(ter accn~ing. ~n ~D~~~S ~hereof~ f{~~ sai~ mortc~ayor {~ns ~~~reunfo signe<I an~I s~nl~~~I Ihese presenfs fhp ~ny an~~ ye~ar ~irst Q~AI~P u~riflen. Siyn . sPO~~t~ an ~ p~ ere in Iti ~~r~~sence oj: ~~/r~ ~ \ ` . . ' , . ~f~. ~ _ _ _ - - --t~ ~ - n:~r~:~ s~ms ~ . ..~~'yr~. . _ . ~Z.~ ,~1'4 ~.:9-~' . _ . . ~ ' - - ! ~ / Eclna Sims ~ k ~ ~ . . . _ . . - - ~ f ~ ~ ~ i . - - - _ . _ _ 3 i 6y § • ~ ~ STATE OF FLURiDA, ~ COl;`TY OF ST. LUCIE 1 HEREBY CERTIFY that on this day, betor~ me, an offi~er dul~• authorizrd in th~ Stat~ aforesaid and in the County a(oresaid to tak~ acknowledqmFnts, prrsonally appearrd ~ JOHN N. SIMS and EDNA SIMS, his wife, _ ~ i ~ to mr known to ~ th~• p•rson S descritied in ard who ~arcut~d th~ (orr¢oinq instrument and they acknowledqed ~ be(orr me that the~x~cuted the sam~. ~ ~ ~t IT\ESS my hand ~nd of(icial seal in thr County .+nd Stau• last a(ortsaid this 5~ day o( ~ ~ June r~. i ~ 7 3. , .r / ~ II Ff~E~ ^rF,~• - ~ • ~ e { ~L 7 Z/~ Z . . t ~ y i LA. . ./~!7 5T l'J;.~ ~ . . iS T NOtB PLlU11C ~ 1~rif r ':C ;l'~p at ~t t~ State of Florida at Large -,:~~fj:i ` ~ ~ GtV ~l~ iJ n~ PH ~~3 Mv (`nmmi ~~i ~n Fv»i rA~- ' ( yyw , s ~ ~ - 1 r ' " C, ~SVC71~ NOiA~1 ~WIIC~ ~fATE ~F FLO~IM A~ LMCE r' ~ r;ti ~ 11Y COMMISSIOM EXPfltt,s OCT. ~~j ;:1 C' ron~ ~ ~s w aatv~ ~ ` ~ ~ ~~G - . - ~ _ ~ . - 4t ~ v~-~ • . ~ i % lrrc /~trlnim~'»I pr~ f?nrr•~l 1~~: ~ Rl,f.t~ NT P'>~F• oi H~I F~ .1~/~/r~.c~ TH15 ir~s~ cHA~~r_~ ~i F~ !OCK~~~ `'A'.~f ~O~t3 ' P.o. eox ~aia . ~oi s cr~ sT. „ FdRT PIERGE. FLGRtDA 33430 p~~. ~ • "Yr- _ _ . . _ _ . _ . ~ ~ ~ed"~"~i" ~z.....,. . . e...~.__.. -...~v.-_,...