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HomeMy WebLinkAbout1781 an~l shnll pi~rJorm. ~~umply ~ri11~ ~uid n6idP by eac•l~ ancl ~oPry the u~reements. slipu~ations, conditions and co~~i~nanfs IIIPfM)(. an~~ o~ I~~is morf4lallp. i~~rn Ihis morlc~agP an<~ ftiP PSIQ~P IIP~P~y crnal~. shu~~ cease. c~e- tN?minP anc~ nur~ ~ui~~ ~~oi~~. ~n~ Ih~ morfi~u~~ur ~u~r~~~~y ~urther covenanls an~ agrees fo pay promptly u~~~en crue the prin~-ipal und interesl Rn~ ul~ier s~m~s o( moni~Y prot~ic~~ ~or in sai~l nofP and Ihis mort~afle. or eii~~e~: to pay a~~ and ~ sin~ulqr tlie fa.~~~~s. asse~ssmrnls. 1~•ri~•x. lial~ililirs. obli~tations. ancl en~•umbmnces o( every nalure on said pro- pe?!y: fo pi~rmif, ~'ommil or su(jer no u~asfe, impairm~nl or ~I~Ie~iorafion o~ saic~ ~anc~ or f{~e improvemenf~ Ih~rne•n at any limr: Io ~~~p Ih~ I~uildin~~s nou~ or h~rnajl~r on .aid land )ully insurcKl in a sum oJ nol less FULL INSURABLE VALIJE. in a i-ompai~y or rompani~~s acc~~pla~~~~ fo t~~~ morl~afl~e. f'~P po~icy or po~icies fo'~p he~t~ ~~y. ane~ payati~e to, saitl morl~~ag~~. an~I in If~~ e~~~~~~1 nny sum oJ mon~y ti~comes payati~e hy ~~irtup o( such insurance fhe morlyaq~~ shall li~i~~> Ih~ ri~~hl fo reK•~ii~e and apply Ihp same fo fhe intletitedness I~ere~~y secured, accounting fo 1~~~ morfc~ac~ar ~nr cu~y s~up~us; to pay a~~ i~usfs, ~~harges, nncl expenses. including Iau~yer~s JPPS ant~ (il~e sParrli~s, ri~~sonal~~y inc~~rrec~ a~ p~i~ hy 1~ip morfqagc~e tiPCq11SP oj f~e jAtIU~P oj t{~p morigagor fo prompl~y ancr ~u~~y i•omp~y u~il~i 1{~e a~r~emrnls, siipu~ntions, cone~itions arec~ coi•enanfs o~ saic~ ~ote an~ f~~is morfgage. ~ or ~•il~ier, fo pQr~orm. ~•omply ~oif~~ an~~ a~?i~~r 6y eac~ an~~ ~very t~ie agreemenls. sfipu~afions. con~ifions an~ co~~rnonts sef ~ort~i in saicl note arid this_ mortgn~e or eii~~er. In t~ie Fnent the morlgagor ~ai~s to pay a~hen clue a~ry fax, assessm~~nl, insuran~r premium or oltier sum o~ money payatile ~y rirlue o( sai~ nofe ancr t~is mort~ag~, or ~il~i~r, f~~P n~orl~~ag~e may pay thP sam~. iuithout waii~ing or aJ(~cling the oplion io ~orec~ose or any o1h~? ri~~l~l li~r~•~utd~r. and all su~l~ payr?tenfs shall ~»ar interPSt Jrom datp IhereoJ at fhe hi~hest law- ~u~ rafe 1~~i~n a~~ou~et~ f~i~ ~a~rs o~ 1~~~ Sfaf~ o~ ~'~orit~a. ~ ]F ~ DL an~ sum oj munrv {~vn•in re(vrr~~ to E?e not prompl~y pai~ wilhin thirtq (30) ~a>S next affer I I~~e sc~m~ ~~e~~-on~~s or i~ e~~{~ an~ ~~~~ry 1~~~ a,ryreem~nls. slipu~alions. con~~ifions an~~ roi~ertanls o~ sait~ ( not~ nn~ 1~~ic mortqngr. or ~il~~~r. nre nuf ~ully p~r~ormPCl. comp~i~t~ u~if{~ ancr a~itle~ hy. Il~en fhe enlirP sum mentionec~ in sait~ nol~•, and Il~is morl~agP, or 1{~e eniire ba~ance unpai~l tl~ereon, s~~a~l ~orthu~ilh or ~ ihereajfer, at tti~ oplion o~ 1~~e morlgnc~~~, f~ecome anc~ 6~ due and payable, anytl~ing in snic~ note or Iierein to 1~~~ confrary nofu~if~islan~in~. f=ailur~ ~,y f~i~ mortc~a~~P [o exercise any of f~e righls or options {~erein prori~~~~~ s~~n~~ nol conslilufr a i~~air~r o( any ri,ry~ls or opfions unc~~r sai~ riofe or Itiis mortga~e accruei~ or f~~~r~~a(I~~r a~•~-ruin~~. ~ ~n ~itness ~hereof f~u~ sai~l morl~~ngor ~ias ~~Prnunlo, sic~ne~ onc~ s~a~~~ IhPSe presenls fhe ~ ~~ay an~~ ~~~nr (irst n~io~~e u~riNPn. ' • Sit~ne~~. s~~a~~rl mu~ t~~~ir~r~c~ in ~~i~ pfs~~n~-c~ o~: , i ~ , _ ~ ' ~ _ 1 ~~_.~,~~r;I.~;t~" - . . . f . - _ ' . . . . S - - j . Tavn en~ ; ~ / ! L. - - . . . _ _ - ••--.l-.~~C{/jLtZt. - • _ . Y f Shirle T s~nd ~ ` - ~ " . _ - . , . _ _ . . . . . . . _ _ : ; ~ _ ~ ~ . . . _ _ . _ - - . . . s ~ : ~ ~ 5 ~ , ~ STATE OF FLORIDA, ~ Ccn.'~'~~v c~F ST. LUCIE ~ ~ 1 HFREBY CERTiFI' that on this day, be(ore me, an o(firFr duh• authorized in the Stat~ aforesaid and in the Counh• a(or~•said to takr acknowkdqmcnts, p~rsonally appeared ~ F. M. TOWNSEND and SHIRLEY TOWNSEND, his wife ~ . ~ to m~• known to br th~• p•rson 8 described in and w•ho ex~~uted the for~qoin¢ instrument and jit10 aclnowledqed br(or~• rn~• that they ~xccuted the same. ~ ` ~~'IT~ESS rn}• hand and o(ficial sea) in thi• Count}• and Stat~• last aforrsaid this ~y~ day o~ f: ~ Januarq, n. ~9 74. ~ % ~ ~G~7~1.4''~ ~ c ~ - - y . t S!t .1-l . j ~ ~ ~ tary " j , _ ~ ~ :,t^EL' ~ f.! "G _ ~,~~~NT` f14. , $T.L3" - ~ ~ ~ ".j ~ ~~a,T Mq Com~ission Expires : '~:r ~ ~ C " y ~ . ~ 1 u 7 N07ARY PUBUC. State of Florida at Large 1 32 ~~l S I~ ~n5 Dece(+~bF? 18. 1976 _ ~E~ [ M1y Comm~ssion Exp~ - 0 BendeQ Tl+ru AUTO-OWNEqS INS,~~A!+CE CO- ' `,~~•Illi'ir//r~~~ .ti _ . ; - t' S/~~ ~ f~' • ' % ~ ~ _ ~ ~ ` . = ~ • J ~ ~ -.a ~ =t 77ii.c l~is~mr~rr~~1 ~rc J~vr«! 1~~ • - - n / ~ .'.?~s. 3 . ~i~i~Ir:~c ~ • . • ~ li ~7: - • ~ - . t,` . s~ 223 ~ 1781 - ~ .