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HomeMy WebLinkAbout1930 and shall per(orm, compty u~i1h and qbide 6y ~1~ and every the agreentenb, stlpulattoru, rnnditiona ond coi~e~ants ~hereo(, and o/ tl~is martga~e, then tl~is mwt8age and ths eslals l~enby c?eated, si~all cense, de- termine and bp niell a+~d a~oid. n1~ll f~P mortga~flor ~e~rrby ~urfher c~ouenanft anc~ agrees to pay promplly wl?en due Ihe principnl and tnte?esl and oJl~er sum.~ oJ money provided /or In said note and t6ts mortgage, or eitker: 1o poy all and stngu~ar ttie faYes, assessments, ~evies. ~ia6i~ities, o6~igaltons, and encumbmnces o~ evsry nnture on satd pro- perfy; fo pe?m~f, rnmmif or su~ler no waste, impai?ment or deterioralion o~ saic~ ~artd or t~e improvemenb lhnrecn al any lime; to ~Pp I~P buil~lings nou~ or herPa(ter on cuid land Jully insurecl tn a sum oj not less ~han f ull insurah le va lue in n c~ompany or compnnies accepta6~e to f~e mortgagee, !he po[icp or po[iciea to be held by, and payable to, saic~ mortgag~?, an~ in the ei~pnl any sum o~ money becomes ~yabi~ by vtrtue o( such inaurance fhe mortQngc~ sl~all l~ai~e t~e right (o rec-eive and apply the sarrte to the indebtedness hereby iacured, ocrnunftrig to the morlgn~or ~or any surplus: fo pay all cosfs, chargei, and experu~, i»c~uc~lnQ ~awyer s~ees and ttl~e sen?rtiPS, rpasona~Iy incurre~ o~ p4id by 11ee morteo9ee becuuse o~ fhe ~ni~uro o~ fhe neoNgago~ to prompf~r and'ully comply wilJ~ II~e agre~ments, stipu~ations, c~onditions and covennnfs o~ aaid note and t~is mortgage, or eifher; to perJorm, comply u~itl~ and a6ide 6q each and euery t6e agreements, sttpulntions, condittons and caaenanfs set Jortti in sai~ nofe ancl t{~is morlgnge or either. /n tks event t~e mortgago~ ~aI~t !o pay w~en due any tax, assessmpnt. insurance premium o~ olher sum of mo~ey ~ya6t~ 6y virlue o( said ~ote and tf~is mortgnge, or eiftier, f~ie mo?tgagee moy pay !~e snme, wil~out u~niving or Qj~ecfing f~e option to ~orec~ose or any olher right {~erPUnder, nnd al~ suc6 pnyments sl~4l[ bear inte~st (rom dafe thereo/ nt the ~iighes! lQU?- (u[ rute I~en allowed by the iau~s o( ~be State o/ Florida. any sum oJ money ~erein re~errec~ to 6e not prompf~y paid wit~in t@Il ~ 1~~ day: ~ext affer the same 6e~comes due, or i( eac6 and every If~e agreemenls, stipu[alions. rnnditions and covenants o/ said note and lhis mortga~e, or eitRe~, are not jully per(ormed, compGed with nnd ab~ded by, then the entire sum mentionec~ in said no[e, and this mortgage, or the entirr 6a~nnce unpaid tleeneon, shal! jortl,witf~ or t~ierea~ter, af f~~ option o( the mortgagee. ~erome and bp due ~d payable. anyf~ine in said note or ~erein fo t~e c~onfr~ary nofevitl~stnnding. Foi~urp ~iy !tie mortgugee fo exercise nny of !tie rig{~ts o~ options ~erein ~ proe~i~ed s~au not conslilulp a u~nirPr a( any rights or opfions under said nole or f~iis mortgage accruecr o~ f{~erea~ter acnuing. ~n ~~~Il~s ~~~L~ ehe said mort9a9or has {~ereunto signed nnd sealed these prese~ts tl~e dny a.id ycar /irst a6one u•rilrpn. Sig c/, sea~pt~ an~ ~e~irPrec~ in f/~e pr~sence oJ: RIAR . - - ~ - - - - - - - - • • ~ ~ . ~ EtJGEI3E R. ~M UGH - - - ~ - ~ - - ~ - - - - - - - _ . =;F#~&IDA ; ST~~&s1~~,~ ~ ~ '~~:~Q~`'q~ LUCIE ~ 1 HEREBY CERTIFY that on this day, beforc me, an ' • .~A ; i .~:a~r~'( ~+j; ru~' i ia the Statc aforesaid and in the Cou~t y aforesaid to tatr acknow k dgme n t s, pe n o n a l ly appe a rc d j - • - - :;,~FS r.,;~~6~~ R. MCLAUGHLIN ' - ~ i :~~totyps ,.j~4oir~.Q ~~he prrson descnbed in and who ez~cuted the (orrgoing insvumeet and he acknowkdged V n ~ e_ ezecuted the same. f ~?t ~ ~'•~;~~fi~ 4;~`~~ 6and and ofticial seal in the County a te iast a( id ZOt~l day o( : i ~ I ~ ' , A. D. 19 7 3. t ~ i i ; Notary bGc, Sbts 01 o~id~ ~t luq~ F11f0 AMD RECOROED ~ ~ sioo Eipires 2S. 1974 Sj. WC1E COUM7Y FIA. ~?..,w. ?w 4+~: sr ~ ~ ilO~E~ PO~f R~'S ~ CIE~ y~E F ~ GOURT p~CLRi' i ~0 3 ~z eM'~3 # ~ . ,IU1. ~ . 1 j ~59448 ~ 3 ~ ~ I7iu Lutna»cn~ prcp,o~r~! by: DEVITT J. RDAMS, ESQUIRE ; P.O. Box 3937 E Fort Pierce, FL 33450 p~~~ ~ ' bCC~d ~'~i; ~ - - - ~ _ , ~ : ~ ~ ~ ~ " y~~ ~ ,V- . . , ~