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HomeMy WebLinkAbout1509 1 au~l sh~ll p~rjorm. ~~umpl>• u~i~h ~~ul ~bid~ ~?y eucl~ and e~~e~ry the af~r~ements. slipulation's. conditions und ~•o~~~~~onls ~h~~ri•uf..and i~( tl~is rnorf~~nqe. 1{~rn Ihis murtf1~41e ~n~1 the ~s1a1e he~e6y crpatecl. sha~l cease, de- f~~~min~ an~~ ~iu~~ an~~ roi~~. ~nd I~~r niu~tgalH~~ ~~~'~~'hY (u?t~~er roi~e~~anls ane~ agr~es fu paY promplly wl~en clue Ihe principal an~ ir~fernsl an~~ ~~I~ier s~uas a~ mon~~v provi~e~~ ~or in sai~~ nofe anc~ fhis morl~~~e, or eifher, to pay oll and sin~ular Ih~ la.r~s. ass~~ssmnrils. I~ri~s, li~~bilili~s, o6lif~nfions, an~ enrAml,rances oj ei~p~y nature on said pro- pe~fv: fo M•rmil, rununil or suj~~~r no u~aslr, impairm~nl or crpleriomfiun o~ sai~ ~ancr or I~e improvements f~u~nM~n ni any fim~: lu ~r~•p I~~r ~~ui~~~i~~ns no~v or ~u•r~(Ir~ on s~i~ ~~nc~ ~u~~y insurnc~ in a sum o~ nof ~ess ~h~?~an amount sufficient to prevent the doctrine of co-insurance i~~ a ~•on~pany or ~-ompanic~s ai i~•pla~~~e lo I~~r morf{~a~l~e. I~ie pojicy or po~ic•ies to ~~e ~?e~~ by. a~~d ~ya6te ~ fu, sai~l mor!l~act~~. n?u~ in II~~ r~~rnf a~~y sum o( mmi~y ~PCOmps paya6le ~~y nirfue o~ such insurance fhp morl~an~~ s~~a~~ h~~~~ Il~i~ ric~l~t to rc~eio~ and apply 1{~e same !o Ihe inde6tedness here6y secured, accounfing lo f~~~ morlqa~or (ur anv s~u~~~us: fo pay a~~ cosfs, t•~~a?ges, anc~ expPnsPS, i~ic~ut~inp ~atvyPr~s ~ees an~ fit~e i cc+n?rh~s, r~~a.onn~~~y incurre~~ or pni~l ~~y f~~e ntorf~all~p ~pf(It/SP o~ l~~e ~ai~ure oj Itie morfgaflor to prompl~y i ~ an~ Ju~~~ i•omply u~il~~ fI~P ac~rri~nu~nls, stipttlalions, con~~ilions an~ corenants o~ saic~ note nn~~ I~~is morlgage, i or ~il~~er; to pNrJurn~, ~•omply u~ifl~ an~I aF~itle hy earti uncl RI~PIy I~IP agreemenls. stipu~afions, rnndifions ancr cu~~rnanls set ~orl~~ in sni~~ not~ anr~ Ihis morlgage or eill~er. In Ih~ rr~nt fhe mortgagor jai~s to pay wtien clu~ auy ta.r, nsses~m~•nf, insuran~e pr~mium or oi~~r sum o~ money payn~~e E~y t+irtue o~ saic~ nofe on~ ftiis mortRag~, or ~il~~~r, f{e~• mort~aq~P may pay IhP snme, iuittiout u~niving or a~~crtin~ Itie opfion fo forec~ose or nny o1l~~r ri~~I~t Ii~r~ur~I~r, an~l all such paymenls shall bear inler~st (rom ~late t~preof at ihe F~iqhvsi 1au~- ~ul r~~te Ilu~n allowe~l 1?y 11~~ lau,s o~ tl~r Slnle of 1'~o~i~ln. nny s~em uJ mon~v ~~~r~in re(errc•c~ fo ~e nol prompt~y paic~ wifhin 30 days next- n~ter I~u~ sant~ ~~~romes ~~u~, or ij eac~~ anc~ i•r~ry i{~~ a~~rpemPnts, slipulAllOt15. CORC~ilions ont~ conenanfs oJ sai~ IIU~P p/l~ ~~IS morfctnll~, or P1~~IPf, 11~P l10~ ~Il~~) PPfJOrIriPI~. f0?IIn~IP~ U~1~I1 Q?1~ Q~)l~P~ ~y. then ~IIP PTI~I~P ~ SI1111 menlion~~ !!1 5(1l1~ f10~P, QIl(~ ~~ItS mort~~ag~, or ~~P entire b~lance Ull~all~ thpreon, S'1a~~ ~ortl~u~ith O~ Ihereaffer. at Ih~ opliort o~ I~~e morf~n~~~~, hrcome an~ E~~ cliie and paya6[~, anylhin{~ in snic~ note or herein to I~~e controry nohril~~slamlinq. Failurp E>y Itie morfgagpe to ~.rercise nny o~ the ri~~ls or opfions ~erein pro~~i~jca~ s{~a~~ nof constitufe n tvait~~r o~ onp ri~i{~fs or options ~uer~er sai~ nol~ or t~is morlgage nccrue~l or ~ 1~~~r~a~f~r accruin~~- ~ ~n ~itness ~herenf~ ~~1P ~[!t(I morfq~qor'IAS'IPMII/1~0 5/(~11P~ (I?U~ SPU~P~ ~~~•se presents ~~P ~ay ar~~~ y~ar ~i?st n~~or~ a~ritlen. I Signc~~. c~a~~~~ an~ c~i•~i~•~rn~~ in I~~r pr~srn~-~• o(: _ . -J~:u~~~-~, . - Cf.- W L AM C REEVES n , ~ / ~~c~s 4J(3--- - - L~~~%9~!/n! - . _ - . , • - - ~ - B REEVES his wife i . - ~ . . - - - - - - ~ - ~ _ - { . - - - _ . . , . . - - - • - I t ~ ~ _ STATE OF FLORIDA, ~ cc~C\TY OF ST. LUCIE _ 1 HEREBY CERTIFY that on this day, before me, a.~ c(ficer dul~• authorired in the Statc afor~said and in the County a(or~said to tak~ acknowledqmrnts, personally appeared ~ WILLIAM C. REEVES and BETTY ANN REEVES, his wife, to m~• knoN•n to lx th~ p~•rson $ described in and who exrcut~d thc (ore¢oinQ instrument and ~ey acknowledqed l~e(orr me that they ~x~cuted the same. - ~\'il \ESS my hand and of(icial ual in th~~ C:ount~- and Stat~• last a(or~said this l V day of i ~ • ~ May , n. ~ 9 7 3. ~ ~ ~ ~ L•vlL~/ ~ v. No ry Piiblic, State~ of Florida - , ~ ~ My Commission expires : ~7130 . ~ ~ ~ ~,1 : iI y~ dv~.. ; ~ ~ F1} c;~ : V . . -~~-p s ~ ~i ' • - ' , ri - `J1~' Nolory PuS5t. Sfos• of Fbrida af Larr~ ~i ~ ~ Mr Canm+ss+on E:pire~ lAarch T7, 197~ ~ - - . - • ; • . londed by AmerKOn Fir~ 6 Cosualtr Co. y • ~ x~: i~i~ - - - l~ ~ 21 i~~ (3 . ' ' . - - `Q~x,-` G~t-L'_ • ~ ~ ~ ~ ' ~ Tlii.s hu~nui~f~i~ pi+rpnrr'rl by: ~ ~ ~hi~ M~atrument was prsp~nd Dr ~ ~i Ar~il/~YS EDWARD C. TIETIO ~ '.-:e ~ . ~ r~'~ _ • • ~99 So. Bayshore Or. x;~`•-V ~ Mleml. Fb?tda 33131 ~ ~ ~ ~ - _ ~V=<t ,~F ~ ~i ~a~ ~ ~'~P z j ~ ~ g ~ d. .~F~~ x.;~-.m"~~ F~ . . "~*:.:'~~`"?3,-r~~~