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HomeMy WebLinkAbout2384 an~I sliall perjorm, comply wilh ana abi~s by each a~c~ enery t~e agrpemenfs, atipu~atioria, rnndilioru and conenants thereof, arid of 1{~is mort~ape, then thia morlgage and the ettate I~ereby cn?nted, shull cease, ds- termine antl be nu~~ antr twi~. thp mortganor hpri~by ~urlher rnvenants anc~ ag?Nrs i~ pay p?omptly when due the principal and tnteresl anc~ of~er sums o~ money provi~ec~ ~or tn said note and fRit mortgage, o~ etther: fo poy a~~ nnd singu~ar Itie fa.res, assessn~enls, Ievles. IIa6ililies, ob~i~afions, nnc~ encu?n~runcas of euery nalure on sait~ pro- perly: to permtl. ~•ommil or su~~er no u~asle, impairmenf o~ c~efertoration oj satcl ~anei o~ fhe improvemenb Iherncn at any time: to ~PPp IhP 6uildin~s now o~ I~errajl~r un said land /ully insured t~ a sum of not less tf~an highest•insurable value. In a company or rompanies QCCP~IQ~IP fo ihe morfgaflpe. !~e po~icy o~ po~icies to be hpld 6y, and payab~s to, sai~ mort~aqee, anc~ in fhe eaenl anx sum oj money becomes payab~e 6y virtue o~ sucti insurance fhe mortgagee shall I~ave the rifll~t to rnceive ant~ apply the same to tl~e ~nde6tedness here6y secu~ed, accounting fo Ihe mortga~or jor nny surplus; fo pay a~~ costs, charpes, and expenses, inc~udtng ~awyer s Jees anc~ tit~e SPQ?CIIPS, rpasonati~y IIICII~ O~ /Ml~ hy (rtP mortgagee hecouse o~ fhe ~ni~ure o~ ihe morlgagor fo prompf~y anc~ (ullv comply wlth f{~e agreemenfs, sfipu~ations, coriditions and cove~ants of said nole nnd Il~is mortgage. or eiiher; to perjorm, comply u~ith and a6ide 6y each and every !he agreements, stipulations, condiiions and covenanls sel jorlh in said note and this morlgage or eitl~er. ln tl~e event the mortgagor jails to pay when due any tax, ossessmpnt, insurance premium or olher sum of mo~iey paya6le 6y ~irtue o~ said note and this mortgage, o~ eill?er, fhP mortc~agPe mny pay f~e same, withoui wniving or a~jecting f~e opfion to ~orec~ose or any o11?er rigF~t hereun~~r, nnt~ aII suc6 paymenfs shall 6ear interest ~rom t~ale thereo) at the higf~est ~nw- ~u~ rate I~~en a~~otue~ hy 1~~e ~au,s of t{~p Stale o~ F~ori~a. ~l any siim o( oiou~y ~~erein re~erred to be not prompf~y paid within 1~ days next njter ttie samp 6pcomes due, or i~ QOC?1 and P1~PI')? IhP Q~I'PeR1PIlI5, stipulafions. rnnditions and covenants of said note antr tl~is mortgac~e, or eitf~er, are noi ~ul~y per)ormetl, compliec~ wit{~ and a6idecr 6y, tl~en flte entirp sum mentionecl in said note, and lhis mortgage, or the enlire 6nlance unpnid thereon, shall fort6wit6 or Il~ereajter, at th~ option oJ t6e mortgapee, become and 6e due and pnqa6le, unyt{~ing in said nofe or herein to the conlmry nolu~ilhstan~Iing. Failure 6y ~he mortgagee to exercise any oj Ihe rights or op~ions herein prot~i~~ec~ s~a~~ nof conslifute a u~ait+~r oj any rig~ts or opfions un~er saicr note or f~is mortgage accruec~ or Itiereajler accnting. ~n ~itness ~hereof~ Ih~ saicl morfgagor has I~Preunto signeti ~nri sPaletl fhese presenis the ~ay antl year jirsf ahone u+ritlen. SlgRP SP(1~PQ 11?1~ ~P~II~P~Pd ~~lP pros~nce O~: ~ ~ - - - -n . So . . . ~ - - - -~?'~q., - = rr.oo~ - - amela . his wife - G ~o n , - - - - ~ - - - - - - - - I ` . ~ ~ - ~ STATE OF FLnRID4. ~ COU\TY OF ST. LUCIE I HEREBY CERTIFY that on this day, be(ore me~ an offi~er duly authoriz~d in the Statc aforesaid and in the County aforesaid to tak~ acknowledqmenu, p~rsonally appeared GLENN E. JOHNSON and PAIVIELA G. JOHNSON, his wife to me known to tx the prrsol6 d~xrib~d in and who exerut~d the for~qoinq instrument and they acknowledE4d y. befor~ me that they cxccuted the sama ' ~,.,,:_w ~~'17'tiESS my hand and official seal in thc County and State last a(oresaid this ~~~,.~~~"'•~~..,ds9.'~ 1 ~ ~ 1 ~ ~ ,yi~ . ///y+ A. D. 1974 ' " ~~~.if'~il/i~ ~ i~ 1• • ~t ~ /{1 • Y~ / - PECOROeo ~Nt~T Y~ - ~e'~$'~ri~~'a~ ~ , FILED aU~jY fU• - ~ St.IUCtE ~ - c~t P~~ta~?s Large. . RO:•- , {T COUtIt ~~E~~ ~i~cu My commission expire~~J? Y J~ RF ~ARD VEF1f IiO..~"'~ t`d```: - ~ ZZ q o4PM l7ru I?u~n~n~~~r~ prrfxm~~ by: Ernon N. Sidaway, III, Esquire, FEE, PARKER & FEE, A. A~/drrxs Post Office Box 1000, Fort Pierce, Florida 33450 F ~ i ~ PACE~~ciID~ _ _ - - .v- - , . _ - - - - - - - - J ~ ..:r.:.- _ `w;``<`-. ~ -