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HomeMy WebLinkAbout2878 i anil shall per/orm, comply u~ith and a6ide by encf~ and eae?y t1~e+ agreemenis, stipulattons, condilions and co~~enanls the?eoJ, and o~ this mortgape, Ihen this mo?tgage and t{~e estate here6y created, al~ull ceasa, de- tprmi~e Afl~ PP null and ~~oid. Tin~ f{~P morlgac~or hemtiy (urfher covpi~ants un~ Qgrees fo pay promplly u?~en clue tl~e principaj nnd infeerst a~c~ of{~er sums o~ monpy proi~i~~e~I Jo? in saic~ note and t~ie mortgoge, or e~t~er; fo pay a~~ ar?d sinnyla? 1{~e toxee, ass~ssments, ~ei~ies, ~ia~i~ifies, ob~igafions, a~c~ encum~ronce~ o~ e~~Pry nalure on salcl p~- perty; fo pcrmil. commif or su~fer no wasfe, impairmenf or c~eterioralion o~ saF~ land or ttie lrnprovemenls thprnon at any limn; to kPpp Il~e 6uildin~s nou~ or ~PIPAjt~~ on said lond Jully inse~red in a sum o~ nol Iess iRa?? Four Thousand Dollars . in o company or ~ompanies acc~ptable to tl~~ morl~egee. IhP policy or policies to 6e held 6y, and poya6la? to, saiil morf,ryQne~. a~r~1 ir~ ~h~ ~i~e~i! GRV Sl/111 0~ m~n~y b~comes PayQblp by ~~irh~e o~ surl~ insurance the mortganP~ shall l,avp il~~ right fo rrreii~e and upplv Ihe same to tl~e indebtedness here6y secured, accounting to !l~e ~norl~a~or ~or any surplus; fo ~wy n~~ ~•osfs, cRa?ges, antl expensvs, inc~ucring ~awyer s~ees anc~ til~e svarchPS. rPasona{~~y incu~re~ or p~i~ tiy t~~e m~?rlgagre 6PCause oJ ~he fai~u~e o~ fhe morlgagor to promptly ana f u~~y comply u+ifti f~~~ n~rp,.~~~•nt~, sti~~ulations. cunditions and co~~enants oJ said note and I~ts mortgage. or eifh~r; fo ppr~orm, ~omply u~ifl~ an~ o~?i~r ~~y each an~ rrery f~p agreements. stipula(ions, conclitions and - co~~~nanls set Jo?Iti in cai~ note an~~ I~~ic morfgnqe or eii~er. ~n tl~e evenf II~e morfgagor fnils fo pay tuhen c~ue any tax. ~ssPSSmenf, insumnc~~ pr~mium or .~Il~~~r sum o/ mo?~py ~yablp by ri?tue oj saicr note and Ihis mortgagp, or eit~i~r, t~~~ ?norfgug~~ mny ~~ny If~~ samP, ~vifhocd wuiving or n~~ecting t~e option to lorec~ose o~ any o1Rrr right l~Pr~~u~d~r, ~nd a11 ~u~ h pa~m~nts sI~a1I bear intPrpst /rom datp J~PlPO' l1I IhP ~~9~PSI IAll7- ~ul ra(a Il~.~n a~~ou~c~ j~v t~~~ jnrnc c~f f~u• tifu/~• o~ J~~n~i~~n. lL any sum o( moe~ry ti~r~in rr~vrri~~~ tu r~of prompf~y pait~ wil{~in thirty days n~•xf aJter Il~~ som~ 1~~~~-omoc d~~~. or i( ~~~~~A ~in~ ~~i•~~ry iJ~~~ QurremPnfs, sfipulafions. conclitions and rni~enants o) snitl nolP ~ncl f{~is niorl~~ur~v. or ~ill+er, ~r~~ n,.~ ~ullr p~r/orneP~, c-omplie~ u~ill~ on~/ ab~ded 6y, f~en tlte entire sum menfione~ i~i sai~ not~, arul flei~ ni~,rhJa~te•, or f{~p PnlirP ba~ance unpaic~ Itipreon, stia~~ Jorl~wit{i or } tl~~rpn/tPr, ot tl~c• oplion oJ Ih~ morlr~n~~rr. {.rr-om~~ nnd he due and puya6lp, anytl~ing in said note or herein- i fo 1~~~ ~-onfrory noh~~if~icln~~~i~u~. /'ai~ur.~ 1?v 1{~~• morf~ac~ee to exprcisP any o~ f~e rigtifs or options herein ' } pm~•i~~~Y~ c~~~~~ nol ronclilnlr n u~nir~~r o~ n?~~• ri~~~~is or op~ions un~er sait~ r~ot~ or (his morfpage aecvued or i Ih~•rr•n(Ior ~t•rruing. . ~n ~itness ~hcreof, ~ f~~r ~o~~I mo?fga~io? {~ns ti~rNUnlo siqnv~ an~ cPaIP~ ~~PSP h~PSPfltS f~tp ~~av rtnr~ p~~~~r (ircf n~io~~r ~rrifl~ri. ; ~ ` Siynrrl. _ a~P~ nn~ t~rli~+~mtl i f~i~ prr.,~nrr u~. . ~ > , j ' , ~ ~ ~ - ~~u.. ~ _ c~Z~7,az~ . . . - . _ _ . ; . CP~~ -~~.r~ ~ . _ - t!~ ~ ~ _ ~ _ . . ~ ? : ~ . ~ STATE (sF FLt~RtPA,~ ~ cc~r;~T~~ c~} St. Lucie I HEREBY CERTIFY that on this day, bcforc me, an I offi~~r duly authori~~d in th~ ti~;,t~ a(r~resiid and in thr ('ount~• afurrsaid to tak~ acknowled¢m~•nts, pcrsonally appeared I Russell K. Burd II and Nancy S. Burd, his wife to m~- knuwn to hr th~~ p•rwn dcs~ribed i~ ind whn ea~•cut~•d the (ur~¢oin¢ instrum~nt and they a~knowkdged befon• inr that they~xccuted th~ same. ~~'1~1 \ESS my hand ~nd offi~ ial seal in th~• Countr a~d St.u~• last a(oresaid this 26th d~y o( Ju1y D. 19 73. E~ i~~~ ~ ' + - _ _ _ fl`EO r..:~~..._,_. s#.,.,. , ST. ~~n~F•!Vf qf~~R : R, p~ r~ ,~L'NTy FF~ votary Public - State ot l~o~i*c S'l~di`ge C~ p ~ ~~~T CA . °F~~ K C~:i j'~AS iionded By: American Bard:~rs=Lt~suranCe Comp~Y ~ ~c c 0 ~~~"`i~r._ 111y Commission Expires: B;o~. 6. 297b ~30 300 , ~ . ~ Py 73 ~ _ aoo~ 2~s ~AC: 2$~ - . r - - - - _ - - - ~ ~ r~ ~ ~3 _ ,r ~ ~ z ~ _ ~ ~ - ' ~ .r ~ ~ .5~~~ ~