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HomeMy WebLinkAbout2757 ~ anc~ sha~~ perform, comply wit1~ and abide 6y eac~? and ei~ery Ihs agrevnt~nf~, stlpujnfioni, co~dittoni wuj coi~enanta lhereo(, and o( f~i~ morfgaAe, f~en t~b mo?tgnge and the eifat~ h.re6r c~eafe~l, ~ha~~ c~ease, d~- tsrmine a~d bt nu11 und ~roid. ~iIIR I~e mortgaflo~ ~ewby (wfhe? cove~ania and a~row ta pay pron~Ptly wl~a dw tl~~•prireclpo~ nnd inte?rsl a~d ofl~e? saims o~ money provided jor in a~ld not~ nnd tl~li inorfpae~, or Nther; to pay aU ond itngula~ fhe IQXPl, asaess?nentr, levtea, ltablli~ee:, o6~IgalIons, wtd encwnbr+ancsa oj ~uer~r natun on intd p~o- perfy: fo pennlf. corrimif or su~~er no wasfe, impairment w deterionntton o~ .atd !a?~d or the improue~nenb 11~pnecn a! any lime; fo lerep the buIl~ings now o~ I~e?pa~te~ on said land Ju~~y iruw~[ in a sum o~ nof ~ess fltan - -------r in a company or companiea accepfab~e fo Ihe mwfgagee, ttie poucar o~ po~tciei fo ~e 1ie~~y on~poy~i to, said morigagee, an~ in tl~e event uny sum o~ money 6ecomea ~w~xible 6y virtue o~ iuc~ insu?ance the mortgagee sf~all I~ai~e the rIght to ?eceive und apply t1~e same to the tndebtedness hereby secured, uccounting fo f{~e mo~fga~or (o~ any su?p[iu; fo pny all cosla, c~a?ges, and expe~sss, tncjuding luwyers ~ees and tttle searcl~es, reasonably incur?ed o~ paid 6y the mortgaAee because o/ the Jatlw~e oJ the neortgagor !o proinpt~r anc~ ~ully compty wilh ttie agreements, seipulattona~eundJttont ar+d rnuen~ti o/ aaid note and 1~?is ntorlgage, or eifher; fo per~orm, rnmply wttk nnd abide 6p encl~ and every ftie agreements, slipu~atlons, conditioru and covenanls set /ortl~ in aaid note nnd tht: mo?tgoge or eitl?er. ln tke event tl~e mortgugo~ jaili to puy when due nny tax, assessment, insumnce prnmium o~ other swn oJ money paya6le 6y virtue o~ said nole and thts mortgage, or either. Ihe rr~ortgagee may ~y ~I~e same, wilhout wuiving or oljecteng fhe opfion to ~orec~oas or any other ric~F~t hereunder, and all such paymenia ~I~all bew~ interest Jrorn date thereoJ at the highest Iaw- (ul rate Ih~n nllowed by tl~e Iaw: o~ tl~e State o/ Flwida. _ ~l any sum o~ money herein rn(prred l0 6e not promptly paid within 3o days next after fhe snme h~comes c~ue, or i~ enck und euery 1{~e ngreements, stipu~ations, conditions anc~ covenanls o~ said note and this mortgaqe, or eitF~e~, are not jully performed, coMplied witl~ and a6~d~d 6y, tl~en the entire sum menlioned in snid note, and tF~is mwtgnge, or f6e entire balance unpnid ti~ereon, s6a1~ lort6witl~ or l6ereaJter, at the oplion oj t1~e moNga9ee, become and be due and pnynble, anything in said noEe or herein to i~e conlrary notu~ill~clancling. Fuilure by ~~ie morlga~ee to exer+cise nny o~ f~e rig~ta or ,opttons ht?ein provicjed s~all nof consfifufe a u~aiver o~ any rights or options under seicl note or t{~is rreortgage accrued or t~erep~ler accruing. ~~u~~ the said morfgagor /~as herrunto signed and sealed these presenls the day an~ year ~irsf alwve u~riffen. S' , s d~ ~~P! ~ Illp PMSPfICp oj: - • f~ • , ~ ••-T----=-•---- ~ Lionel Johnson • - f~-- ------~'t~l.~'~i,r..~-.....__.._ ~ ss Mary ~,'ee Joh on - ~ ~ ~ STATE OF FLORiDA. ~ ~ COUNTY OF ~ ~ I HEREBY CERTIFY that on this day, betore me, an $ o(ficer duly authorized in the Statc aforesaid and in the County aforesaid to uke xknowkdaments, penonally aDpeared ~ ~ Lionel Johnson and Mary Lee Johnson, his wife ~ to me known to br the person 8 dextibed in and who executed the torcgoin~ imtrument and they acknowkd6ed ~ beforc me that they executed the sama _ ~ W11'NESS my hand and o(ticiat seal in thc County and Sutc last a resaid thu 8ti~1~--~~'~----~-~da . . UgliSt------- A. D_ 19 T3 _-.'i ~-i<i..,~~ ~ " • ' ? - r, ~ . ~ ~i~i . - - - - . A I : ~ ~ •-s--• ~ -i-:3 , . or . `C~~f ~ - - ' ~ ~ • . ~ _ MY MMI IO EXPIRES : = • ~ • :e~ : ~-x MD ~~Q~R, ~ ~ . ~ ~ : , m, Horidi a! luq~ ' ~ 10~ . ~ j i~~`uCjE~C~VS~ ~a~ T ~~I? , S ol !uq afi • - • . i ~?a~ ~t cou~? 1~ '4 ~ ~•s t~s i,, . • ; C~EaK~~',fi 0~~""' -M~v~f4:~c..,r~yc~„ '~~•i' RFCOAO vf.R~ . ~ Z3 3 wi ~M'13 262229 ~ ? Tl,u In~rr~r,rcrr~ prrparr~J by: Peninsular Title Insurance Co00K2~~ PAGf~G.7Y0 ~~d~~ 1807 Okeechobee Road ~ ~ Fort Pierce, FL 33450 a ~ fi t ~ ; r ~ . ~ - : ~ - ~ ~ ~ ~ ~ ~ ~ _ r ~ _ ~ ~ ~