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HomeMy WebLinkAbout0170 ~ nn~l sha~l p~>~farm. ~omply with and abi~le 6y =•~~ch are~1 ~~~~r?y f{~P ~~4~n~~•~,~~~~~~c. slipulalions. conditions and corenanls fhercw(. and o~ this morfpa~t~. ll~~~n ~l~is rnorl~~a~~~ and fl~~ r.~~~~~.~ 1„~rrl~y crpalec~. ahal~ ceaae. de- ~ t~?ntine an~l 6e nu~~ and i~oid. ; ~n~ ttin marf~a~o~ {ier~~hy ~urtti~r covena?~is an~~ a~rees fo pay pru~n~~t~y ~o~u~n c~ue fl~e principal ant~ ~ interpst ancr alher sums oJ moriey pro~~i~e~~ ~or in sai~j note nnd Itiis morl~;u~~P. or eiftier: to pay a~~ nnd ` sinc~ul~r fhe IAXPS, assessments, ~ei~ies, ~iabiliti~~s, obli~ations, and rncuml,ru~<c-~: u~ ~i~ery nature on said pro- ~ periy: fo pprmil, ~'ommlt or suJ~er no wasfe, imj~airmen! ur ~elereoraliun o( ~c~i~l ~anc~ or Ihe improvemenfs there~on at any lime; to keep the buildinps nou~ ur her~ajt~r on caid land (a!ly in.u~r~d in a sum of not less than highest insurable value in a company or companies accepfa6~e fo Ihe m~rtgar~ee, t~~e po~icy or ~~o~i:•i:~s ~,P he~~ hy, and paya6le to, saic~ murfga~ee, nncr in the even! any sum o( mo?iey hecome~ payah~e ~'~rt~u' o~ sur~ insurance !he morlga~~p shall {~ai~e ftie rigkt to rc+ceive and apply I~e same !o Itie inde~~t.~.~nN~. 6Y securecl, accounting fo the morfgnnor (or nny surp~us: to pay a~~ costs, chan~vs, nnd expensrs. ~n~•~r:~~+~~~1 ~as~yers ~ees un~ fit~e searc~IPS. ~P~750t1Ah~y incnrrecl OP PUId ~y I~P IritK~9Aqe+R ~~NCause o( I~e ~n~I~~re ?1~~• mort~ngor fo prompt~y ~ne~ ~u~~y comp~y wifh Ihe agreemenls, sfipu~aitons, ron~itions ane~ "covenants u( sai<< nufe anc~ fhis morfgage, or eith~r; to per)orm, comply with ancl abide by eacl~ ~nd r~~ery IF~e agreemrr~t;. slir:ulations, cont~itions and _ corenrtnts sef ~ort{~ in said nofe an~ this morfgo~~e ~~r eill~er. In f~e eve~t t~~~~ mortrtn~ior (ai~s fo pny wtien c~ue any tax, assessmenf. insurnnce premium or of~rr sum u~ mo?~~y payahle ~~v t-iri~t.~ uf saic~ note ane~ f{~is mortgagp. or either, f~e morf~agee may pay I~~e sam~, wif{~oul waiving or q:l~~~-tinn tl~~~ oplion fo ~oreclose ~ or any oll~er rig{i1 hereunder, anc~ all such p~vmants sl~all 6ear interest (rom e1~~te Ili;~::•~~f at the highesf lau~- (ul rale th~n nllowecl by tl~e l~tns o~ Il~e $fntr u( 1'luri,la. ~ i I DL nny sum of money ~erein ~e~erre~~ f~~ ~ir not pr~~m~~tly paid wil{~in Fifteen ~~aYs npx! ajter ~ fh~ snme hP~omes due, or iJ each and ene?y Ilu~ a{~rePm~~nfs, sfipulafions. conditions on:[ covenants o~ said , note and ll~is mortgagp. or eitl~er, are not ~ully per~orn~ed, ro?nplied u~itli ~and aE~r~l~•d by. lhen Ihe "entire ~ sum menlionec~ in ~aic~ nofe. and ~his morign4?e, ur l~~ ~ntire hn~nnce unpai~~ f~~prr•o,~, s~ia~~ ~orftiu~itti or ~ Iherea(ter, a! t~e option o~ !{~e mortgagee. hecome ari~ E~e r~ue and pnya6le, anyl{~ieiq in soic~ note or herein fo Itie contrary notwil{~sfanc~ing. Failure by i{~e mort47ngee to exercise nny o( ftiP ri~~l~fs or opiions tierein pro~~ie~e~c~ sha~~ no! conslilute a waiver o` any ri~~fs or opfions un~er saic~ nofP or ftiis mor!{~agp accruec~ or f~Preajtcr accruing. ~n ~itness ~hereof~ Il~e sair~ mortgagor has li~reunlo signecl nnd senlc~tl these pr~~senls the ~ ~~ay an~ y~ur ~irst atione ~uritfPn. ~ Si ned, s~aled c~ lii~ ~ in fhe presence oj: I . I . 1 - I. ,r._ - - _ . . . . ' i ~ ~ ' _ . . ~ . - - • E N A. S ~ g ~ ~ -s t f i~ ~ x t.... - - i ~ ~ . ~ t ~ . . . , ~ - . - ~ ~ . - _ - - - - ; ~ , . ° . _ . . ~ _ . ` ; t I . - - - ~ i _ ~ ~ ~ ~ ~ i - STATE OF FLC)RIDA, L V CI ~ ~ ? COt'`TY OF S I ~ I HEREBY CERTItY that on this day, betore me, an ~ i ~ of(i~er duly authorizrd in the Statc aforcsaid and in the County aforesaid to tak~ acknowledqmrnts, pcrsonally appeared E,~ ~ NORMAN A. SAND and MONA SAND, his wife ti I . . ; I to m<• known to tx thr prrwn g described in and who ex~ruted the forrcoinq invrument and ~'ley aclcnowledRcd , i 4^~ be(orr me that ~le~/ ~x~cuted the same. ~j? ~ i day of ~ i ~~'IT~F.SS my hand and o(ficial sral in th~• Cou and Statc last a(oresaid this ~e M~~, A. D. 19 74. ~ - s f ` ; ~ ' ~ - - ~~~ptiOED P , State~ o Florida _ i ~ FILED~~~ ~OUMS~ FL1?~~ 51. Ro~E~ pp:SRA~ ` My Comanissio Expires: ~ ; ( C~fRK CtiGU?'f C011Rt ~j I R~cOPO YER~f ?E6 1 ~ ~ ( , ~ 42Q1~ . ~ ~ ( ~ y; ~ i ~ 2~9~:i~ , , ~ i , ~ I "This In;trument wos re ' ~ ' I - ~ p pored by ' JESS WRiGHT an emplcyee of • - y i 7%rir lu~~nruu~~d f~rcp~rri~! !y: T~r:~ ~ecuri!Y Ccm~ny, - ~ ' ± - = ~ ~ 2~. ~ : ; C-1; r~d~ Ave., Stuart, Florido _ ~ . : ~r~[~Ilf~ '^nt h tha i-suor.Ce of o ~ r 7~~~~ ~n_ur,:ncc contrect." ; ^ ~ U R ~•O ' - , . eooK2~6 Pacf 1 ~ ' ? ~ . _ _ . _ _ . ~ . . I ~ ~ ~ - r ~y ~ ~ . . . , _ . _ ~ ~ . r ~