HomeMy WebLinkAbout0989 and shal~ ~erJorm, comply u~ilh and ahi~e by each antl ei~e?y tl~e agreemenli, sfipulations, condifions nnd
co~~enanfs lhereo~, an~ o( lkit morfpade. fhen f{~is mortgage anc~ the eafale ~prehy create~, sha~~ cetue, de-
fe?ntine an~'~e nu~~ ant~ voic~.
~n~ ftiP morfpa~or tien•by (urt{~er covenanls anc~ agrees to pny prompf~y u~hen aue Ihe p~incipal ane~
intervst an~ other sums o~ money provi~et~ jor in saic~ nole and l~i~ mortgage, or either: to pay a~~ and
sinflular the taxps, assessments, levies. Iia6iliiies, obligattons, and encum6rances o~ every nature on said pro-
perly: fo permil, commlt or su~jer no u~aste, impairment or t~eferioration o~ saiil Iand or Ihe improvemenls
t{~ernon at any lime: ~o keep the buildings now or hereajter o~ snid land Jully insurp~l in a sum o~ not less
than
in a company or companies accepfab~e fo t~e mortgaflee, fhe po~ity or po~iciea fo be held by, nnt~ paynh~e
to, snid morlga~ee, and in !he euent any sum o( mo~ey becomas ~ya6l~ 6y uirtue o( sucl~ insurance the
mortgagee shall h~~p the right !o receive and apply the same to tl~e indebtednesa hereby securec~, accounting '
fo thp morfgagor ~or any surp~us: fo pay a~~ costs, chnrges, and expensea, inc~uding ~au~yer~s jees anc~ tit~e
searchrs, rpasonnh~y inc~irrec~ or paid by ~he mortgngee 6ecnuse o~ t~?e lai~ure o~ fhe mortgagor to prompt~y
anc~ ~u~~y comp~y u~if{~ Ihe ay?eements, stipu~ation~, conditions anc~ covennnts o( said nofe anc~ this mortgage.
or eilher; Io per)orm, comply u~ith ancl abide 6y each ant~ euery the agreements, stipu~alions, conditions and
corenn~ls set Jort{~ in said note nnc~ this mo?fgage or either. ~n ftie euent !tie mortgagor ~ai~s fo pay w~en ;
due any tax, asses~menf. insiunnce premium or other sum o) money pnya6le by virlue o~ said note nnd il~is ~
mortgage, or either, ftie mo?fgagee may pny ttie same, withou! waiving or nf
jecting ttie oplion to ~orec~ose ~
or any othe~ rigf~t {tPreunder, and nl~ such paymenta shall 6ear interesf (rom date tkereo( at Ihe I~ighest ~au~- ~
(u! ra~e tF~en allou~ed by the laws o/ t1~e State of Flo~ida. ~ ~
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Dl nny sum o' money herein re(erre~ l0 6e nof prompt~y pnid wifhin 15 ~ays nexf aJter _ ~
tl~e same beromes d~~e, or iJ eac~ and every the agreements, slipulations, conditions and couennnts oJ said ~
nole and this mortgage, or eitl~er, are not )ully per)ormec~, compliec~ with ~and n6;d~ 6y, then the enlire E
sum mentionecl in said nole, ancl this morfgage, or ihe entire 6a~ance unpaid Ihereon, skall forthwith or ~
therea)ter, at l{~e option o~ tl~e mortgagee, 6ecome nnd 6e due and pnya6le, anyll~ing in said nole or herein ~
to fhe confrary notu~ithstanc~ing. Fai~ure hy the mortgagee to ex¢r+cite any of ftie rights or opfions herein =
prot~iclc~I shall not consti~ute a u+aiuer o( any rig~ts or oplions unc~er said note or ftiis morfgnge accniecl or
1{tereaJf~r ac~ruinp.
~n ~itness ~hereof~ tf~e said mortgagor I~as hereunto signed and sealed these presenls tl~e
craV an~ year f irst ahot~e written.
Signed ,aealed and u in e presencQ o/_ I~I~~~ GROVES, CO-Fartnership Of ~
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; . R. Min on Sh ' ley Ann Minton
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Par ner
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~ STATE OF FLORIDA, ~
cou~~rx oF ST. LUCIE
I HEREBY CERTIFY that on this day, be(ore me, an _
officer duly authorized in the Stat~ aforesaid and in the County a[oresaid to take acknowledqmenu, p~nonally appeared
O. R. MINTON and SHIRLEY ANN MINTON, his wife, co-partners, d/b/a
~ und~ the f irm name and style of INDIANOLA GROVES _
to mc known to br the person describ~d in and who ez~tuted the (oreqoing instrument and they xkoowledged _
~ be(ore mc that theycx~cuted the same. ~
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~~'IT:I~ESS my hand and o(ficial seal in the County and State tast aforesaid this 16th day of ~
~ 1~Qr 11 A. D. 19 7 4
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r~~ fILEO AMD RECOR~E! Notary Public, State~tii„I~~exis~a _
S7.ltiC~E COUNTY LA. : . • ~ d . 7
at Large . , ' ~ ~
'~r~ ROG£R PG1jRAS ~ ~ y
~ c~EaK c:'~~uit couRt My Comanission E~cpire~. ~/7~
I pECARO YERI~IEO...~.~-•~ : r , ~ _
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I Ar~ Il 12 sz PN'T~ ~
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I IIIS IllfllJllNfN/ fll~ p(7R•r/ hy:
~~1~(~lC_C~ THlS INSTAUMC~J7 Pp~PARED 6Y 0 k~~~
~ CHARLES Fi P pROVJ`~ ~OOK ~
P. o BOx 14tA . 301 5 6r~ ST
_ , F'~RT PIEH:E. FLORtUA 333'SO
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