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
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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
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' Archie Summerlin
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~ 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
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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( '
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~ February A. D. 19 73. ~
~ 264`783 ~
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~ 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 ~
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~3 = , • - ~ i
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~ Ben L. Bryar,, Jr . ~ ~ • ~ _ - ~ ~
I7iis Intlrun~cnl pnrparcd by: BRYAN AND KOBLEGARD s? = ~
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P . O . Box 32 30 - ; ~
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A~I~Iicrr ~ . ~ t ,t : ~
Fort Pierce, Florida . •
~ ~~OK~1~..rAr,f 5J4 ~
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