HomeMy WebLinkAbout0754 ar~~ shal~ perJo~m, rompiv ~~~~~h and a6ic~e 6y earh anc~ e~~~ry 11~e U~fPPfl1P/lit, slipu~ntion's, conditions and
rnrFnnnfs Iliercw~, and o~ Ihis mortga~p, ihpn If~is morfgnge and fhe estate hereby cewntecr, sha~I rnase, de-
IPrmine anc~ ~~P ~u~~~ an~~ ~~oi~~.
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Iin~ I~~N morlc~a~~or ~~~m~~y ~urt~~er cot~eitanls a?ic~ agrees to pay promplly when due fhe principal and
interns! ancl ol~~er sums o( money proni~e~ ~or in saic~ nofe and fhis mortgage, or eif{~er; fo pay a~~ and ~
sin~u~ar Il~e fnxPS, nscessmc~nis, ~~ries, linbi~ilies, o61i~~ations, and en~•um6rnnces of every nafure on suicl pro- ~
perty: fo permil, commil or su(je~ no u~asfe, impairmeni or cIele?io~afion of said Iand o~ t~e improvemenfs ~
f~~~rn~n al o~ry lime: fo ~~Pp I~i~ ~~ui~c~in~~s nou~ or ~ierea(I~r on sai~ ~anc~ (u~~y insurnc~ in a sum ol nol ~ess ~
fhan full insurable value ~
in l1 Cn/11~~A/lV or cuoipanii•s acc~~pla~~~e fo ff~e morl~a~e~, t{~e po~icy or po~icies to be held by, and pnya6le #
fo, saic~ morfgac~ee. an~~ in th~ ei~enl any sum o( money ~~ecomes Payn6le by virl+ie o~ such insurance f~e '
morlna{~~P shall l~ane th~ ric~hl lo ~~ceii~e a~id apply tF~e sume to tl~e inde6tedness {iereby secured, accounting ~
fo 1{~e morf{~oc~or (or anV surp~us; fo p~y a~~ cosfs, c~~arges, and expenses, inc~uc~ing ~awye~~s (ees ant~ tit~e
SPAIC~PS, MQSOII(1h~y incurre~~ or paic~ ~~y t~~P morfgagee because o~ t{ie ~ai~ure o~ fhe morl~agor to prompf~y ~
an~ ~u~~y romp~y wif~~ t{~e atire~menfs, sfipulations, conc~iiions ancl cot~enants of said ~ote and lhis mortgage. ~
or eil~~er: fo pFr(orm, comply u~itl~ and a6i~I~ 6y each ancl et~ery fhe agreemer~fs, siipu~nlions, condifio?u ant~ f
cot~~~iants set forl{~ in said note ancl lhis mortgage or either. In Ihe erenl !he mortgagor (ails to pay u~hen ~
c~ue any tax, assessmenf, insurance premium or ofher sum of money paya6le 6y virtue oj saic~ nole and this
mortgagP, or eil~~~r, I~ie niort~~ng~~ may pay 1{~e same, withouf woiving or aJ~ecfing 1~~e option to Jo~pc~ose
or any olher ri~~ht her~und~~, anc~ all S11C/1 POyI11PIlIS SIIQU ~P(1~ I/I~P/PS~ ,rom dnte fhereoJ at Ii~e higl~est laio-
(ul rof~ Il~en allo~ve<I by Il~e ~a~ns o( 11~~ Slate o~ Florida_
DL ~ny sum o( mun~y {~erein re(errp~ to ~~e not prompl~y pai~ within 3~ ~ays next a~ler
t1~P SAIqP b~com~s due, or ij e~c1i and ~~~p.y ~f~p uc~reempnls, sfipulalions, conclitions and covenants o~ sai~1
~ote an~ fl~is IIlOIIqA(~P, or eitlier, arP rtol (u~~y per~ormecl. complie~ with and abi~ecl ~y, t1~en Ihe entire
sum mentione~I in sai~ ?wtv, an~ f~iis morf~age, or t~e enfire ba~ance unpaic~ lhereon, s~a~~ Jorf{~u~it~ or
tleerea(ter, at 1~~~ opfion o( 1{~~ mortgng~~, hecome an~ he ~ue anc~ payab~e, anyf~infl in saic~ nofe or ~erein
to f{~~ confrary nolivil~~stanr~in~~. ~'ai~ur~~ {~y f~~~ mortgage~ to exercise any oJ t{~e ti~~ts or opfions {~erein
pro~~ic~c~c~ s{~a~~ not consfifutP a u~ai~~~r o( any ric~hfs or oplions anc~~r sai~ nofe or tf~is mortgagp accruec~ or
th~reo(f~r accruing. _
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~n ~td~tness hereof~ f~u~ cai~ morfc~n,yor ~~ns I~er~unfo signP~ an~ s~u~etl fhese pres~nls f~e
tray nn~I yenr ~irct a'~or~ u~riHen.
Slqli SPAIP(~ ~?~a aP~ll!P~P IIl 4 n~PSP P O':
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- ' _.Cl~_ . -----~-'.~~L..~~J'-~Cr~-'----~
May . Chapman ~
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: STATE OF FLORIDA, ~ ~
~ cc~c•~`Tl~ ~F ST, LUCIE. _ ~
~ I HEREBY CERTIFY that on this day, before me. an ~
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~j o(lic~r dul~• authorized in th~ Statc aforesaid and in th~ County aforesaid to tak~ acknowledqments~ p~nonally appeared ~
~ - MAY L. CHAPMAN ~
~ to me~ knoMn to br the prrson described in and who ea~cuted the (ortqoinq instrument and S~'le acknowledqed =
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~ be(ore ine that She ~xrcuted the sam~.
~ ~~'IT\ESS m}• hand and of(icial seal in thr Counq• and Statr last aforesaid this Z7tt1 day o( ~
~ DeCeIIlbeY' :1- D_ 19 73. '
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- Notary Pub c, ate of Flor'ida ~
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= at Large - :
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My Cou~nission Expires: ~Z o~'d 7ro .
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stfi.uKDEO i'~ 1 ( ,
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Rf_CO~tD vEf ~ py.
tHIS 14STRUti1E~~T'~r:;S PR.PAe2:~ BYI f~ r~' J, =
SPENCER 6. v{~a~~T, Attorney at La~ Q~ 11 4 Z~ ~M 3 ~v ~,i~' =
~ ~R T. SF.CGt~D ~TkEET ~ fT. PIERCE, FU1. 33t'A . C
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y: 2'71390
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