HomeMy WebLinkAbout1599 and shall p~~rjorm, comply ~nid~ m~d ~bide by each and ei~ery fhe Qg~P8fI1Pt1IS, ilipulatlon's, conditions and
corenants t~~ereof, anc~ of f~~is mo?fgape, Ihen I~~is mortgage and the estafe tiere6y c~atec~, sha~~ cease, c~e- E
Ip?mine and 6e null an~l void.
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~n~ fhe morlga~~or ~~rm~y ~u?fher covenants a~d a~rnes fo pay promplly when ~Iue fl~e principal and
inferea! anc~ of~~Pr ~ums o( ~noney proi~ided Jor in sai~ nofe and lhis mortgafle, o~ eilher: to pay a~~ and
sin~ulnr 1he 1a.rps, assessm~nts, leuies, liabiliti~s, obli~aiions, and encumbronces oj every nafure on suid pro-
perly; fo permil, cummit or su(J~r no wasle, impairmenf or cjeierioration o~ sai~ ~aricl or the improvemenb `
lhe~c~cn af any fime: fo ~r~ep f/~p bui~c~in~s now or ~ierea~t~r on aaid' ~an~ (ully tnsure~I in a sum of nol ~ess t
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in a cum~x~ny o? rompani~s (ICCP~)IQUIP lo f~~e ?norfgaf~e~, f~~e po~tcy or policies to be hFld 6y, and paya6le a
to, said morl~ac~~, aiid in tl~e ei~enl any sum oj money 6ecomes payn6le 6y virlue oj such insurance fhe ~
mortga~e~ shall h~n~ the rinht to rM-eii~e and apply fl~e same to ~he inde6tedness hern6y secured, accounting ~
to Ihe mortga~~or Jo~ any surplus; to pay a~~ costs, c~~a~pes, and expenses, inc~uding ~awyer~s JPP3 QRd I/IIP 4
search~s, reasona~,~y incurrn~ or p~i~ hy i~e mortgagee ~ecause o~ t~e jal~ure o~ f~~e morlgagor fo prompi~y ~
aric~ jully t'omply u~ith fl~e aU~eements, slipulations, conc~itions ancl covenants o( sai~ note an~ Ihis morlgage.
or eit~ier; fo per~orm, comply u~i1h and abide 6y eacl~ an~~ every Ihe agreemenfs. sfipu~ations, conditions and
co~~eriarits sef fort~ in saic~ note aric~ lhis mortgage or eit~?er. /n f~e euen! fhe mortgnflor Jai~s fo pay w~en
c~uc~ any ta.r, nssessment, insura?tce premium or other sum o~ money paya6~e 6y virtue oF said note and Il~is
morl{~age, or eif~~er, the morf,ryac~c~e may pay fhe same, tuithoul u~aiving or aJJecting fhe option fo ~orec~ose
or any ol{ier riry~it I~pr~uncler, a?tc~ all sucl~ payments shall 6ear intp~est ~rom date fhereoj at the I~igtiest law- ~
(ul rnte Ihe~ n~lowed 6y Ili~ la~rs of th~ Stale of Floridn. '
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Dl any sum o~ mon~y I~erpin re(~rre~ to F~e nof prompl~y paicr within c~ays nex! a~ter
Ihe snmP bPCOm~s dn~, or ij each and ~~~ery the anreements, sfipulalions, conclilions anc~ covenanfs o~ said
notP ancl tl~is morlf~n{~~, or Pitl~er, are nol ~ully performecl, complied with and abided 6y, Il~en t~e P?lI1~P ~
sum menlioned in said note, and Ihis morl~ngp, or the entire ba~ance unpaid Ihereon, sGa~~ jort6wilh or ~
Ihereafter, ai th~ optiort oJ Il~e morlc~a~ee. 6ecome and 6e due and paya6le, anyttiin~ in said note or herein ~
!o Ij~e co?ilrary nolirif{~stanc~i?tfi. I'~ilur~ {,y ftiP mortgac~ee to exercise any oj fhe rinhfs or options ~ierein ~
proniclc~cl sha~~ nol constiiul~ a u~air~r o( ony rit~hfs or opfions iindpr saicr notp or I~is mortgagp accnie~ or
I~~Prpa~l~r accruin~.
~n ~itness ~hereof~ tl~~ said morfc~agor l~ns {tereui~to si,qned and sealecl fl~ese presenfs fl~e
tray an~~ y~ar ~irsl ation~ tnrilt~n.
PA3QUALIMO sraa~c souss, i
Si~ned. s~al~d and ~1~~i~~ernc1 in Ih~ pres~ncP o): S~~?-~
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~ ~ t s PreB ent
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A~$ST: It s Secr ry ,
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~ STATE OF FLORIDA, ~
~ GOL'\TY C)F Sa~I~t Lt1C~e
I HEREBY CERTIFY that on this day, before me, an .
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o((icer duly authorized in the State a(oresaid and i~ the County aforesaid to uk~ acknowledgments~ p~rsonaily appeared
FRANR 8~ :p~~t1lLi~iO, Preeident, and WILEY E. DOUGLAS, Secretary,
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to me . knain to~ be ~t6c 'penoa ~ dcuribed in and who ea~cuted the torcqoin,q instrument and thsy acknowledged
bq(w`d"'~e H~b~~~,~'esccutcd the same.
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J`~~ %1' ~ ~by~~ ~ an ~oificiai seal in the C:ounty a~G•. last aforesaed this ~ ~ day o[
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Acg ? 10 54 AM'1~
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~ l7~~~ lus~nn~iful prrF~~rr•d by: Devf tt J. ~da~t~
~ A~/~lnx~ P O Box 3937 2'75~45
~ Fort Pierce, FL 33450
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