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HomeMy WebLinkAbout0534 and shall pe?f orm, comply wilh and a6ide by ~wcl~ and enery th~ agreemvn~s, sllpulatto?is, conditions and ~ covena~ls thereoj, oncl oJ t~is mortpuQe, ti~en Ihis mortgnpe and the estate hereby created, shaU cease, de- ` fermine+ and be null and noid. 3 ~ the mo~tgapo? hprirby (uriher coi~enants and agrees fo puy prompt~y u~1~en due the princlpal and ` interesl nnd olher sums o~ money provided (or tn said note and lhis morlgage, or eilher to pay all and stngu~ar f{~e IQXPS. assessments, ~euIes, ~iahi~ifies, ob~igafio~u, and encumbmnce~ o~ every nalu~e on satc~ pro- ~ pe~ty: to permit, commil or su~fer no U~ASjP, impairntenf o~ cleteriomtivn o~ aaid land or ftie improvemenii ll~errcn al any time: 1o Irrp~~ Ihe 6uildinns now or herra~ler or~ said l~nd ~ully ~nsured tn a sum oj not less ~han . tn a company or compani~s accepfable !o f{~e mortgaflee, Ihe policy o~ po~icies to b~ hpld by, ancl paya6le to, saia mortgagee, ancl in (hF Pl'P?1I any sum o( money 6eromes payab~e ~y uirtue o~ auc~ Insurance Ihe morlgagee shall {~ane If~e righf to receive anc~ upply tl~e sume to ll~e int/e6tednesa Gereby secured, accounting fo fhe mortflafior ~or any surp~~~s; to pay al~ cosls, cha?ges, and expenses, i?~cluding lawyer~s (ees and fit~e searches, reasonaE~~y inc~urec~ or paitl by !he morfgagee because o~ f~e 1ai~ure oj thp morfgagor fo prompl~y anc~ ~u~~y comp~y u~i1h the aflreemPnts, stipu~alions, con~itions anc~ rnvennnts o~ sai~ nofe an~ f~is morfgage. o~ eilher; fo perjorm, comply wifh and a6ide 6y each an~ every fh¢ ngreements, slipu~atlons, rnntjitioiu ant~ covenanis set ~orf{~ in said nofe nnd t~is mortgage or either. In the eaent fhe mortgago~ /ai~.t to pay u~hen due any fax, assessmenf, insurance premium or of{~er sum oJ money p~yable by virlue oj said note and ftiis mortgage, or eif~ier, 1{~e mortga~~e may pay t~e same, without waiving o~ a~~ecting t~e option to ~o~ec~ose or any other ri~tit hrr~under, anr~ al~ sucl~ puymenfs shn~~ bear interpst (rom dafe 11~ereo~ af IF~e highest ~aw- (u~ ral~ Ihen a~~oincr~ ~y 1{~~ ~a~us o~ 1~~ Sfale of Florirla. ~L any sum o~ money {~ernin re(errec~ fo tie not prompf~y paic~ wilhin thirty dnys nexf a(ter Ihe same 6ecom~s due, or if each and ~i~Pry tl~e a{~reemenls, stipulntions, conditions nnd couenants o~ saicl nofp and t6is mort~n~~r, or pith~~, are no~ (ully perJormed, complied wit{~ anc~ a6ic~erl by, then tl~e entire sum mentionec~ in said"nol~, and ~I~is mo?t~ag~, or the entir~e balance unpaid thereon. shnll jo~ehwi~h or , tl~erea~ter, at th~ oplion o~ t~P mort~appe, bccome and 6e due nnd ~yabt~, anytl~ing in saitl note or herein ~ fo f~e confmry notu~itlistan~ing. ~ai~ure 6y ~{~e moHga{tc+e to exercise any o~ the righta or opftons ~ereirt ` prvvicjec~ shn~~ nof ronstil~d~ a u~ainpr o~ any rig~ls or oplions under ~at~ notp or f~is mortgnge accruec~ o~ ~ f~ereaJter accniinc~. f ~n ZV~lll~ ~her~of~ f{~~ saicr moN~agor {~as here~ento signecl an~ sea~e~ ftiese presents !he ~~ay an~ year Jint a~~oi~v u~ritfen. S!(JI1P ea~P~ Ra~ ~P~I (j l~ ~~P pr~s~nc~ 0`_ . / f~~.r ' C « (i!/Lr4~l1G~'t ° - ° - . • - . _ • - - - - - - - ' Archie Summerlin - - - - - - - , . . . . . . - ` - . - - - - ~ ~ - - - . ~ ~ ~ - ~ ~ ~ ~ ~ STATE OF FLnRIDA~ ~ ` c~~:vTV c~F St. Lucie ? ~ I HEREBY CER1'IFY that on this day, betore me~ ao ~ s officer duly authorized in the Statc aforesaid and in th~ County a(aresaid to takr acknowledqments~ penonallr appeared ~ ARCHIE SUMMERLIN, a single adult ~ ~ ~ . to me known to ~ the person described in and who execute~ the for~gomg instrument and he acknvwkdgcd ~ before me that he cx~cuted Ihe same. ~ WI7 i'VESS my hand arxl official ieal in thc (:n~~nty as.d State las! afcxrsaid this day o( ' ~ ~ ~ February A. D. 19 73. ~ ~ 264`783 ~ ~ ~ - - ~ - - ~ FILED AN~ ?iECCk~Ed N 3 y ublic, t of F1 da . - LT.LUCIC :~tiMTY LA. - pr,i:.' ?'v~'~AS C:E=:r C. :C~if COUItT riy c mmission expires: ~ ac~~a:; v~~~ ~it9.~....~.,.. Z H , 3 f~ ~'3 ~ Oc~ t 213 P ~ ~ : ~ _ . ~ § ~ j, 'i c r~ ~ ~ ~ ~ i . ~ ~ ~ ~ ~3 = , • - ~ i - ~ ~ o = ~ Ben L. Bryar,, Jr . ~ ~ • ~ _ - ~ ~ I7iis Intlrun~cnl pnrparcd by: BRYAN AND KOBLEGARD s? = ~ ~ P . O . Box 32 30 - ; ~ ~ A~I~Iicrr ~ . ~ t ,t : ~ Fort Pierce, Florida . • ~ ~~OK~1~..rAr,f 5J4 ~ ~A, ~ . . ~r ~ .e~.~W.~ . . . _