HomeMy WebLinkAbout2455 nn~~ sI~nII per~orm, c~omp~y u~it~~ nn~~ a~~ic~e ~~y pach an~ ~~nery f~e ag?eemenfs, sflpu~ufioni, condilions a?u~ ~
co~~enanis tliPr~~. ~nd o~ Il~is morf~~nsie. fh~n 1{~is morfc~af~P and tl~e eslate here6y creafecl, aha~~ c~se, c~e- ~
tprminp ant~ ~?e nu~~ an~ t~oi~~. ;
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~nd I~u~ mu~fc;a~lor ~u~mtiV jurther t•ovenanls ant~ agrees fo pay prompl~y when c~ue Ihe principal and
inlerns! nn~ ol~~er sums o( money prontcl~rl Jor in sai~ nofe ant~ fhts morlgage, or eilher; fo pay a~~ and
sin~ular fiu+ t~x~s, ass~ssmenis, levies. ~i~bililies, o6li~afions, nnd encumbrances o~ every nalure on sai~I pro- ?
perty: to permil. commif or suJj~r no u~ast~, impairmen! or deleriomtion oJ said land or 1he improvemenls ~
Il~~rr~•n al any lim~; to k~~n ih~ h~,~ld~~~~~s ?~otv or I~ereajl~r o~~ saicr ln?~d f u~~y insurecl in a sum of nof less ~
~ha?~ full' insurable value
in n ~-om~~any or rompanie•s acc~ptnf~~e fo thP morlga{~ee. Ihe po~icy or po~icies lo ~e hpld 6y, aner payab~e
fo, sai~ ntorlga~eP, an~ in f~~~ evenf any sum oj mon~y 6ecomes payab~e ~y virlue o~ such insurance !he
morfga~~~e shal~ hane 11~p rinl~t to r~ceine and apply Ihe same to the indnbtedness hereby secured, accounfing
to l~~~ morl,ya~~or ~or any surp~~~s; to pay a~~ c~osfs, charges, ancl expenses, inc~uc~ing ~awyer~s ~ees ane~ lif~e
cearc{u~s, r~asonc~~~~y inciarn~ or paia tiy t~~e mortgagee hecausp oj the ~ai~ure~ of I~p mortgagor io prompl~y
ancl ~u~~y c•omply u~if~~ f{~e a~reemer~ls, sfipu~alions, concrifions anc~ conenanfs o~ saic~ note an~ Ihis mortgage.
or eil~~er; fo per~orm, comply u~ifl~ and a6i~e ~y eacl~ an~ erery Ihe agreemenls, sfipu~afions, conc~ifions an~
coi~en~nts sPt jorf{~ in said note and this mortgage or eilf~er. ~n iRe c~nent Ihe mortgager ~ai~s !o pay tuhen
d~~~ a~~y enr, assessm~~nf, insurance premium or ol{~er sum ol money paya6le Gy i~irtue oj sai~ nole anc~ I~is
mort{~agP, or Pif~~er, f~~~ morfyagPe may pay fhe same, ivif~ouf u~airing or aJ~ecting f~~e option to ~orec~ose
or any all~er riql~t Iirrpun~I~r, ~nd all such payments shaU 6par inlerpst (rom date IhereoJ at fhe higl?es! Inw-
~ul raie Il~~n allo~ued 1~~ tl~~ lau~c o( fh~ Sfate of Florida.
thirt~
nny sum oJ mon~y I~~rpin re(errecJ to 6e not promptly paicr wifhin ~ays next n~ter
t1~~ sam~ b~com~s du~, or i~ eacl~ and ei~pry 1{~e n~reem~nls, sfipulalions, conclitions ancl conenanls of suid
nofe and tl~is ntorf~~nye~, or ~ither, are rtot ~ully ppr~orme~I, compliecl ~uil{~ ancl a6i~ed 6y, t{~en thp entirp
sum mentioned in said not~, and Ihis mo?t~agP, or the entire 6alance unpaicr tl~ereon, sliall forthwill~ or
Iherea/tpr, at fl~~ option oJ IIiP mort~ac~e~. bpcomc and 6~ due and paya6le, anytl~infl in sai~~ nofe or herein
io 1~i~ conlrary noftni/I~sl~n~in~. /'ai~ur~ f~y ttie morfgagee to exercise any o~ t~e rigtifs or options ~erein
pr+n~~icle~I shall nof conslih~l~ n tt~ai~~rr oj nnV rinhfs or options unc~er sai~ nofe or t~is morlgagp a~cruei~ or
I~er~a(frr a~c•~uing.
~n ~iitness fi~hereof~ ~~1P S(!1(~ morfga~~or ~IAS I~Pr~unfo 5ll~flP~ A?1~ SP(I~P~ ~'tPSP presenls ~~P '
~(1) (lfl/t VPI~f ~lfS~ (1~)OI~P IPf1~~Pl1. ,
S/l1?IPI~. SPA'P~ Q?1~ Qeli~~~rnrl IIl ~~IP ~)M5/'llfP Oj: /
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~ STATE OF FLORIDA, ~
~ _ cc~c'tiTY OF ST . LUCIE . '
~ I}~EREBY CERTIFY that on this day, be(ore me, an
o(ficer duh~ authorized in the Statc afor~said and in th~ County aforesaid to takc acknowledqmenu, prnonally appeared
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~ SHEFFIELD T. ABOOD and ANNE E. ABOOD, his wife,
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~ to m~• know•n to be the• pe~rson g described in and who ~a~cuted th~ (orcQc~inq instrument and t~l@y acknowledqed
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befor~• me that they~x~cuted the sam~. 12 th ,
~ ~~'i"l:\ESS my hand and official seal in th~• County and Swt~• last aforesaid this da~ o( ~
Februar.y n. 19 74. . ~
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, , . . bl St t . . f Florida
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: ' _ My Commission Expires :
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THlS IN~TPL.:;,`:i 7~~5 '•2_^::RED BY3 ~
;~t~~~ir:~c SPENCER B ~I~_::i.itT, A?iol;to~ ~
at L~w ~,'7,4s16
220 S. SE.t,:iU S~. 1. FT. t ~i?tiE.,FIA. 3s:'.n ~