HomeMy WebLinkAbout2514 nnd s{~all ~~erjorm, comp~y u~itl~ and nbide by E~acl~ ancl Pvery !he agreement:, stepulallons, rnndilions and
co~~enants thereo/, and of this morl~aue, tl?en thi: m~xlgage and the eatale ha.~by crealed, shall cease, de-
lermine an~1 be null and roid.
~n~ 1~~ marigur~or ~en•~y (urtleer cvc~enQ~fs and agrees to pay promptly when due tF~e p?incipa) and
infernsf anc/ athp~ sums o~ money provic~et~ Jo~ in said nofe and t~ia mo?tgage, or eifher; to pay a~~ and
sin~ular tl~p ta.res, assessmpnts, IQi~lPS, lia6ilities, obli~afions, and encumbmnces oJ every nature on said pro-
perty: fo permit, commil or suJ/er no u~asle, impnirment or deteriorntion o) sald land or the improvements
tl~e?pon at any time: io I~eep t{~e bui~dinys notv or lu•n•a~ter on snid lanc~ )u~~y i~surecl in n sum o( not ~ess
~?,a~ its insurable value.
in a rompariv or companies accepta6~e to t~~e mortgagee, fhe po~icy o~ po~jcies to be ~e~ by, and payabje
to, said mo~tgagee, and in the event any sum oj money becomes Payabi~ by uirtue o/ such insumnce the
mortgaflee shal! have the ~ight to receiae and app~y the same to the indebtedneu hereby secu~l, acc~ounflne
to f/~e mortga~or jor any su?p(us: to pay al~ costs, cha?~es, and expenses, e~cluding lawyers ~ees nnd tit~e
searehes, reasona6~y incurrecl or paid 6y tl~e mortgagee because o~ the ~ai~ure o~ fhe morlgagor to prompt~y
and (ully comply with fl~e agreements, stipulaliores, rnnditions and covenants oj said note nnd this mortgnge.
or eifher: to per~orrn, complv wiih and a6ide 6y ench and euery the agreements, stipu~ations, conditions nnd
coz~enants se! ~or1h in said note and ttiis mortgage or eif{~er. ~n t~e event l~e martgagor ~nijs fo pay when
due any ~ax, assessmenl, insurunce premium or othe~ sum oJ money paya6le 6y virtue oj said note and this
mortgage, o~ eit~er, l~~e mortgagee may pay the same, without waiving or a~~ecting !~e opiion to (oreclose
or nny other right {~ereunder, and all suc{~ payments shall benr interest Jrom date thereo/ at fhe highest Iaw-
~u~ rate then alloiuecl by Ihe ~au?s o~ I?~e State o~ Floricla.
~L any sum o~ ?~aRPy herein re~QrlPd IO be not prompf~y paid wit~in thirty days next a~ter
Ihe s~me ~?Pf0I?1PS due, or if eacl~ and every lhe. agreements, stipulations, conditions and rnvenanls oj said
note and tl~is mortgage, or either, are not Jully per(ormed, complied witf~ and ab~ded by, then tlte entire
sum mentioned in said note, aRd th~s mortgnge, or !h e entire balance unpnid then~on, aliall /o~eh~,~eh or
the~eaJler, at the option o) I?~e mortgagee. 6ecome nnd be tlue and pnyable, nnything in said note or leerein
to t~ie contrary notwilhstanding_ Failure ~iy [l~e morigagee to exencise any o~ fhe righfs or options heretn
provi~Iec~ sha~l not conslifute a wniver o~ any rig~ts or options under said note or fhis mortgage accrued o~
(herpa/ter accruing.
~n ~~Lil~? ~h~~t~ the said mortgaAor has ~eeneunto signecl and sealed tbese presents the
~ay anc~ year ~irst a~oc~e cutitten.
Signed ealpd and delinered in e presence of : p
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~~ne~~: Davis
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' STATE OF FLORIDA, ~
cou:vTY oF ST . LUC I E
~ I HEREBY CER7IFY that on this day, before me, an
' of[icer duly authorized in the Stat~ aforesaid and in the Gounty aforesaid to takr ad~nowltdgments, personaUy appeared
i
E GENE D. DAVZS and EVELYN C. DAVIS, his wife
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; to me known to be the personS dcscribed in and who executed the foregoing instrument and they acknowledged
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? beforc me that theyexecuted the same.
~ WITI~ESS my hand and official seal in the County and State last aforesaid this 13th ~a,~:~•
` November D- i9 73. , ,;•L;~~~1U0~,~'~•,,,
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otary ~ublic , S~~a'~:e ~ ,~"a. : °
FttEG j~t~?~ ~1~, ~ at Large. . r ~ y.L ~
5T. ?.u~?~ :'~?S f ~ : ~ ~ _
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CIF~+?, i.l; ;U±~ C~UpT ~ Jn~'~ ~ :
, My commission expite,ta: G., a
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i Ho~ t3 Z 39 6~~':_~-;::F:. ! _ • ,.;-'r~~_- ..~.iTFA-S
~ 268253 _ ; ~ ~
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This instrument was prepared by:
~ Ben L. Bryan, Jr.
~ P. O. Box 3230 0 R ~j
= Fort Pierce, Florida 33450