HomeMy WebLinkAbout1228 ane~ sha~~ per~orm, comp~y iuiiti an~ a6ide by eech ancj ei~ery t/~e agreemenl~, ~Upulnilo?is, condttfona and
canenants the~eoJ, and o~ tliis mortQas~e, tl~en I~is mwtga9e and 1hs estate l~e.ebr c?sated. :hall ceaae, dt-
fermine arttl E~ miU antl ~~ot~.
~ t1~e morl9anor l~e?v6y ~urthe~ cove~ants and agrees !o pny promptly when due ths p~tncipo! and
infenesl and olhe~ sums o( money proutded jor 1n saTd nofe a.~d ehr: enortgags. or etf~er: to par a~~ and
singular fhe taxes, assessmenfs. le~ies. ~tabililies, o61iga1iorti, and eacwnbr+ances o~ every nafure on said pro-
perfy; fo permJf, c~ommlf or sti~~er no ee~aate, impairment or deteriorotion o~ ,atd land or the trnprovemenb
t~P~cn of. any firrte; to ~rppp II~e huil~Iinps naw or ~erew1lPr on said land JuIIy insur+ed i~ a sum o~ ~of ~ess
J{~an ~y
~n o c~ompany o'r companies accepla6le fe tF~e mortgagee. Il~e policy or poltcies !o be I~eld 6y, and payn6l~
to, said moeigagec?, and in thP eue?it any sum oj money 6ecomes_ puyable 6y vi~tue oJ sucl~ insurance the
mortgagpe sl~all hai~e ttie ~ight to receive and apply Ihe same !o tl~e indebtedneu bereby secured, aceounting
to ftie morlga{~or ~or any surpltu; fo pay a~~ cosfs, c{~Qrges, ane~ expenses, incjuding ~awyer s~ees and itfle
searcf~ps, re~asona6ly inc~are~ or paid by tbe mortgagee becuuse o~ !he ~oilure o~ fhe mortgagor ~o ~Mpelr
and JuIIy co~np~y with f~e ag~eements, sfipu~atlons, concritiona nncr rnvenanfs o/ saFd Rote and tRis moAgape.
or eilher; to per~o~m, comply u~ttl~ a~d abtde by each and e+~ery t{~e agree?menfa, sfipu~tiona, rnncjition~ und '
corenants set forth in said ~ote and this rnortgoge o~ either. /n !he event the mo?tgagor Jaila to pay when
due any tQx, assessmenf, insurance premium or olhe~ sum oJ mo~ey ~ya6le 6y vtrlue o~ saic~ noie and this
morl~age, or either, fhe mortgagec? may pay ftie same, wit~ouf waiving o~ af~ecttng t~e option to ~erec~ose
or any o11~er ri~l~i F~ereuncler, and all such paymenta s6nII bea~ tntere~t jrom dale Ikereo/ at the I~tgl~e:t law-
(ul mle Ihen allo~ued by t{~p lau~s o/ Ihe State of Florida.
~l any sum of money herein re'PR~ IO be nof prompt~y poid wifhQn ~ days next ujter
t~e same Gecomes due, or if eac~ a~cl every 1{~e agreempnts, slipu~ations, con~/ifions anc~ covenanls o~ said
note and thts morlgaqe, or Pltllp~, ar+e no! JuIIy perJo?med, complied wit1~ and abtded 6y, tl~en tl~e entire
sum mentioned in said note, and this morlgage, or the entire [w[nnce unpaid t~iereon, s~ial~ /o?thwitb or ~
thereujte~, at th~ option of the mortgngee. 6ecome and be due and payn6le, anytl~ing in said note or 6erein
to t/~e contmry notu~it{~slanding. Failure by t~e moifgagee lo exencise any o~ the ~tg~~1 or options he?~ei~
proi~ic~ecl s~a~~ nof consfil~ife n waiuer o~ any rig~ts or opfions under said note or fhis rreortgage acrneee~ or
therea~[er arcruin~. (THIS MORTGAGB IS NON-ASSUMABLE)
~n If~e said mort9ugor has I~e?eunto signecl and s~Ie~ t{~pse preaenls ll~e
cray an~ year ~irst abo~~e taritfen. -
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STATE UF FLORIDA~ ~
COUNTY nF St . Iucie
~ I HEREBY CER'TIfY that on this day~ before me, aa
offic~r duly authori:ed in the State afarcsaid and ie the County afor~said to ak~ acknowkdgments, penonally appeared
• James F. Grimes aad Ray C. Grimes, his wife
to me known to br the pe~norg describcd in and who executed the forcgoinq instrument and theq acknowkdged
bctom me that ~ey executed the same.
N'I'1'NESS my hand and ofticial seal in the County and State last aforesaid this 3jSL d~Y ~
: December A. D. 14 73 -
~ N Pub
ommission expires:
NOTARY PUBUC. Stste oi Flcrida et L.arBe
MY Commissior~ Enp~S DecemDer 18. 1976
~NL ~E~ ~pf ~ B~~+d~ 7~++~ A1~taO1MMER5 7NSURANCE CO.
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