HomeMy WebLinkAbout2555 ~nd shall perJo~m, comply u~it{~ a~~d a6~d. by ~h and eve?y the agreementa, stlpulatlons, condition= a~d
cc?~~enanls thereo~, and oJ Ihts mort~a~e, then lhis mwlga~e and the estate here6y createcl, shal[ cease, de-
termine anc~ ~ null a?~c~ i~oid.
~ t~~e morlga~or ~~en+hy (urfhe~ covena?~Is and ag?ees to pay promplly when due !he prtncipal and
inferes! and ofhe~ sums o~ money pro~iaecl ~or tn sui~ nofe and thts morlgnge, or eiltier: to pny a~~ and
•~rt~•~~~• Itie IAYP~. A~xPxxMPI1IS, IBU~PS. Itabi~tlies. o6~igations, and en~u~6.nnc.s o~ every nature on said pro-
• perty: to permil, commit o~ su(jer no wasfe. impairmenf or c~eterioration o~ satd bnd or t~e improuemenla
t~precn al any fime: !o keep the buildtnfls now or hernajlcr on said lanc~ f
u~~y inauret~ tn a sum o~ nol ~ess
Il~an Seven Thonsand Five Hundred ($7.500.00) and no/100 Dollars
in o rompany or compa~~ies accc~ptab~e to 11~e mo~fgapee, ff~e po~icy or po~icies to be held 6y, and ~ya6le
to, sai~ morl~agee, an~ iri 1{~P evenf any sum o( money becomes ~~61~ 6y virlue o~ such insurance f~e
moNgagee sl~all have the riflht to rec-eive and apply the sarrte to the Indebtedness I~ere6y aecured, accounting
to !~c? mostga{ior (at any sterp~i:s; lo p~ay ~t~, cha~es. and eacpenses. tne~uding ~awypr~s (ees ancr til~e
sparc~es, reason:.t~i~y incu~re~ or paid by Ihe morfgagee ~ecause ol tf~e lai~ure o~ f~e morfgagor lo prompt~y
and ~u~~y c~omply with the agreemenfs, sfipu~afions, conditions und covenanta o~ snid note nnc~ ttiis mortgage.
or eil~ier: fo perjorm, comply iuith and abid~ 6y each and euery !he agreements, stipulalions, co~clitions ant~
conenanls set f
orth in said note and this mortgage or eitl~er. ln the event the morfgagor ~ails to pay wf~en
d~ a~~y tax, assessmenf, insumnce premium or ofher sum of money paya6~e by virtue o~ saic~ note a~d t~is
mortgage, or eit~~er, fhe morfgapee ?nay ~y ~hp same, without waiving or a~fectinfl tf~e option fo ~orec~ose
or any other righl f~ernunder, und all such paymenis sF~aU 6ear inferest jrom date thereoJ at rhe h~96p:t law-
rul rate 1{~en allo~ued 6y t{~e lau~s oJ the Stale o( Florida.
ariy stim oj money {~erein re~erre~ to he not prompt~y paic~ wifhin ten tjays next ajler
the same be~om~s c~ue, or if earh and every t~e agreemenfs, sfipu~afions, conditions ane~ couenants o~ saic~
note and this morlgaftp, or eithpr, are not jully per/ormed, complied wilh and a6~ded 6y, tl~en the entire
sum mer~tionpcl in said note, and t1~is mortgage, or the entire 6alance unpaid thereon, shall /orthwit?~ or
I?~ereajte•, at Iti~ option o) Il~e mortgagep. 6ecome and be due and paya6le, anything in said note or berein
to fhe co+~lrary nolu~ithsiancling. Failure tiy f~e mortgagee to exercise any oJ Ihe rig~fs or options tierein
proni~Ipcl stia~~ not consfilutp a wainpr oJ a~~y ri~tifs or opiions unc~er saic~ nofe or t~is mortgage accruec~ or
fherea(1~r ac~-ruin~.
~n ~itness ~hereof~ f~~e saicr morfgagor ~~as I~erpunto signed ancl sealed these presenls fhe
c~ay anc~ yenr Ji?sl ahore u~rifferi.
Signe~. SPAIP~ ancl ~e~irere~ in the presencp oJ:
~ ~
' r ~9a_t-P--
~.~~~_.-~---•~`J--~-~-~~-----------------~----- -
essie Earl- ~Lee
.
ua~~,~1...(~~o.,~.-~c1.
~ 2~. .-.--~--------------------------l~
. -
-
-
; ~ u y e
i
R
~
STATE OF FLORIDA. ~
COU\TY ~F ST. LIIQIE ~
• I HEREBY CERTIFY that on this day, be[ore mq an
otfi~er duly authorized in the Stat~ aforesaid and in the County aforesaid to tak~ actnowledgmcnu~ personally appeared
J'$SSI$ EARL LEE and RUBY V. LEE, his wife, ;
to mc known to br the personS described in and who exrcuVd the foregoinq instrument and th@~7 acknowledqed
befor~ me that they ~x~cuted the same.
~~'I7'tiESS my hand and o(ficial seal in thc Ge~unty and Stat~• last aforesaid this 15th day o(
N1~ay A. D. 19 74
_ ~
.
;
i
- ~ - :
Notary Public
State of Florida at Large
M Commission Expires : lo-~- 7~
~u~.~~~~=€=_~.'~,t::-
i~ ~`Y~-
1~..:--it
. ~ t , ~i~ `3~ x' ~ i
, • • .'~i, ~~/J ~~~'.Tr,.~.F i:
RECOfi0E0 s: U . ,r~ ; - 'i
fU.EUCIE COUNtY fl~• i~ t ,
St. R~ ER P0~ jRAS~ R? v~ ~ t J n'_: X-•.
CtEaK ~CU~ COd : ' ! ~ ~ : _ - ~
VER~F~EO ~ - O~ J ' ~
RE~OItO y,.
y T'~;- Q
~ 2,~ 9 oz -1,~.y..r`:.... , .
, , .
'l%rs Ins1n~~»~n~ prrprrn•~l by: ~ S.~_ -
~~~~/Ifi(H~~~~~-,
~~~~,~m~ ~~49
E:^ i PACE25~ ,
_ . ~.~,,,.:-~...;~.N
~ ~ ? - - - -
. y
_ eLL