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HomeMy WebLinkAbout1451 ~ are~ shall perjorm, comp~y wil~~ anc~ a6ide by ench nnc~ every t~?e ag?esmenls, stipu~atton'a, conditiona and conenants IhereoJ, nnd oJ iRts morigape, then I{~is mortgnge nnd the eatnte 6ere6y creafed, shall ceaae, de- te~mi~e and 6e null and ~~oid. ~ Tin~ I~~P morlga~or hen•by (urftie~ covenanfs and agrees to pay prompt~y when due the principa! und i~feresl and ofhe~ seims of money proui~ecr jor irt saic~ nofe and f~tt mortgage, or etther; fo pay a~~ nrtd singu~ar Itie tAYPS, assessments, ~evies. ~iabi~ifies, ob~igafions, and encumbronces o( every nature on said pro- perty: to permif. commif or suf fer no waste, impai~menf or dele~iorotion o~ said ~and or ftie tmprouemenb f~errcn af any time: fo k~pP ~hp buildin~s now o~ herpaf ter on saicl ~an~ f uj~y insusec~ in a sum o~ not ~ess ti~on FUI,L INSURABLE VALOE in a company or companies acceplable to the mort~agee, the poltcy or policies to be held 6y, and pnya6le fo, sai~ morfgagee, anc~ in fhp e~e~~t any sum o~ money 6ecomes ~xiya6l~ 6y uirtue oj such insurance l~e morlgahee shall have the right to receive and apply the same !o fl~e inde6tedness here6y secured, accounting to t~e morfga~or Jor nny surplus; fo pay a~~ cosfs, charges, and expenses, inc~udtng Iatvyer s~eea anc~ fjt~e searches, reasona6ly incurrec~ or paia tiy fhe mortgagee because of !tie ~ai~ure o~ Itie mortgagor fo prompt~y and jully comply with tl~p agreements, stipu~ations, conc~ifions and covenanfs oJ said nofe nnd fl~is mortgnge. or eilf~er; fo perform, comp~y wil{~ and n6ide 6y each and every ftie ngreemenfa. stipulations, condifions and covenanfs set jort~ in said no?e and t~is morfgage o~ eithe~. In t~e eveni the mortgagor jai~s to pay w~?en c~ue any fa.r, assessment, instaance premium or ot{~er sum o~ money payab~e by virtue o~ suicl nofe ane~ this mortga~~e. or eil{ier, i~e mortga~ee may pay fhe same, wilhou! wniving or ajJecting f~e option fo ~orectose or any otl~er ric~I~t I~erPUncl~r, and all such payments s?~all 6ear interest (rom daie Ihereo/ at fhe highest lau•- (u~ rate Ihen allou~ecl by Ilie lau~s o~ t{~e Stale of Floritlu. ~L any sum of mon~y {~erein re(errecr b~~e nof prompl~y paic~ wit~in thirtv (30~nys next after thp same 6ecomPS due, or i~ each and ei~ery 1I~e ac~reemPnls, slipulafions. condilions nnd conenants o~ said note and Ihis mortgac~e, or either, are not ~ully performecl, comp~ied witl~ and a6~ded by, the~ Ihe eniire sum me?ttionec~ in saicl note, and tbis mortgage, or t1~e entine balance unpaitl fleereon, sl~nll ~orihwitF~ or fhereafter, at Ih~ option o( fF~e morlgngee, 6ecome ane~ 6e due and paya6le, anything in said note or I~erein to ff~e c-ontrary nofu~ithstan~ing. Failur~ 6y the mortgagee to exerrise any oj the rig~ls or opfions ~erein t provicrecl sha~~ riof consfituf~ a u~ainer oJ any rigtits or opfions unc~er sai~ note or t~is morfgage accrued or i t f~~erea~ler accruin,y. _ i ~n ~itness ~h~Q~t~ 1{ie soid mortgn,qor I~ns herei~nlo signecl and sealed Ihese presenls tl~e ± ~~ay ancl year Jirsl atione ~vriNeri. ' SllJI1P(1. SPA~P~ qllfl ~II~P~ I/l ~~P PfPSPI1CP OJ: ~ ~ ~ ` ? ,/,~~~~e . -5-- - p - - - . . _ - ~ - - - - Go ; i ~ ~~i. ,~i ~ ~,~vi~ db~d ~ --1~':`--"- - - ~'s~- - . ~ = iviari~~t~-~Godbold------~---- ` . . . . / - / --1---....... - - - - - _ -----~-----t~ , : ~ . ~ - - - - . - - - - - - - - - - _ . - - ~ ~ ~ - ~ ~ ~ STATE OF FLORIDA~ ~ C(lL'NTY OF St. Lucie ~ I HEREBY CERTIFY that on this day, before me, an of(irer dulv authorized in the Stat~ aforesaid and in th~ County aforesaid to tak~ acknowledgments, personally appeared JONN W. GODR(1LD and VIVIAN L. GODBOLD, his Wife to mc known to be the person$ d~uribed in and who ~aftUl~d the (or~qoinq instrument and wh~ acknowledged ~ beforc me that they ~x~cuted the same. ~ 1~'17~NESS my hand and official seal in thc County and Statc last aforesaid this f if th day of ~ ~ ~ October A. D. 19 73 ' ~ f~ ~j' ~j ~ , t,-. / ' ~ - ~ ~~-Lr -----L -..,iZ.: t~?=--~--~-~-- otar Pub ~ .r J _ ~a r"~ ;;q NOTARY PUE3LIC, State of Florida at large FILEO ANO RECOAOEO ~Y Comm~ss~on Exp~res December 18. 1976 ~ st. LuC1E COUNIY flA. ba~ded Thru AJTO-OWNERS INSURANCE CO. ys: aocEa Po~t~~s ~ CIERK CtRGU1T COURT . ,..~tiii~~:`~s~ ~r~ RECORO VEitIFIfO~ , _ . "y, . , i/. ~f: - 3 o eN' 3 ~ ' • = ' 8 3 ~ "~f. ~ ` , _ ~r v . - : - _ 265468 : - ~ ~ ~f ° ~ . ' ~ !%is Grs~rr~nir-»! prfpnn~l ~y: , $QRx2~9 ParEl~~ i ~ l~[~R _~J v i ` - - - - _ " - ~2~ _ _,.._s _ ~ _ - z ~