Loading...
HomeMy WebLinkAbout2732 and sl~all per~orm. comp~y with nnd abide 6r each and e~~ery t~e agreemenb, itlpu~atio?it, condltio?u and covenants Ihe?eo~. ~d oj eht: mortgope, then thb mortgage and the e:tate hereby created, s1~aU ceass, d~- termine and 6e null and void. 7U~IL !he mortgaflo~ ~ewby (urihe~ covenanfs and ag?eea to pay promptly when due the principu! and tnteres! and other sums of money provided Jor in said note and tht, morlgage, or either; to par all and stngu~a? fhe laxes, assessments, leutes. ~Inbi~ilies, ob~tgafions. and encumbrances o~ every ?tnture on snid pro- pe~ty; to permtf, commit or suffer no waste, impairment or delerto?ufion oj said ~and or the irnproue~nenb t~erecn ut any time; fo ~reep the 6uIldings now or hereajte~ on ~atd bnd 1u~~y instu~ed in n sum o~ nof ~ets than ~n a company or companies accepla6le to the mo~tgagee, tF~e policy or policiea to be held 6y, w~d a.ya6l~ to, said mo~tgayee, und in the event uny sum oJ money becomes a,~6[e by virtue oj such insurance the mortgngee sl~ull have the right to rnceiue and apply the same to the indebtednesa hereby secured, accouniing - to fhe mo?fga~or (or any surp~us; to pay a~~ costs, ctiarges, and expenses, inc~tu~ing ~nwye'a ~ees and tit~e searches, reasona6ly incurred or paid 6y the mo?tgagee 6ecause o( the /ailure oj the morlgagor to promptly and ~u~~y comp~y with fhe agreements, stipu~ntions. ~ndt~~o.~ and ~o~Rants o/ aaid note and this mortgoge. or either; to perjorm, eomply with and abide 6y each and every 1he agreements, stipulnttons, conditiona nnd couenanfs set (o~th in said note and tl~is mortgage or eit6er. In the eveni the mortgagor ~aila to pay when due any Inx, assessment, insurance premiurr~ or othe~ sum o( money pnyable 6y virtue oj said note and this mortgage, o~ eit~er, fhe mortgagee moy pay t~e snme: without waiving or a~(ecting Ihe option fo ~orec~ose or any other rigl~t hereunder, and all such paymenls shall 6ear interest /rom date t6ereoj nt ihe highest law- (ul rafe lhen allowed 6y the lau?s o~ the State o) F~orida. nny sum o( money {~erei~ re(erred !0 6e no! promplly paid wif~in days next a~ter tl~e same 6ecomes due, or ij each and every Ihe ag?eements, slipulations, conditions and eovenants oj sa~d nole and tl~ia morlga~e, or eilf~er, are not f ully perjormed, complied with nnd ab~d~d 6y. lhen the entire sum mentioned in said note, and ~h~ mortgage, o~ the entire 6alance unpoid tl~er~,wn, sl~a~l Jo~hw~~h or thereajter, at the option o~ the mortgagee. 6ecome a~d 6e due and payable, anytl~ing in said note or herein to t{~e contrary nofu~ifhstanc~ing. Failu~e 6y the morlgagee to exerrise nny of f~e rig~fs or opNons ~e?ein prorided sha~~ not co~stih~fe a wainpr o~ any rig~ts or options under snid note or f~is mortgage accrued or thereafter accruing. ~n ~~u`~ t{~e saic~ morfgagor tins hereunto signecl and sealecl t{~ese presenls f~e c~ay an~~ year ~irs! aboi~e u~rilfen. Si nec~, seale~ and ~eli in tl~e presence oj: _ , . ! r ~ - " . _ . " : ~ ~ . C . ~1 S OYl - ; - - - - j 1 . ~ Lucille Thompson ~ ~ STATE OF FLORIDA. ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day. before mq an officer duly authorized in the State aforesaid and in the County aforeuid to takr acknowledgments, personally appeared 0. C. Thompson and Lucille Thompson, his wife to me known to be the perso~6 described in and who executed the foregoing instrument and ~y acknowledged beforc me that ~1~1 executed the same. Wi7'NESS my hand and o(ficial ual in thc County and State la a(oresaid this 24~ day of ~3~1 A. D. 19 74. ~ " • = ~~:i?~=" ; _ - , -r.. , . ~ / . . ' ~ ~•-r? ~ . KEGQRD~O : fllEVC~E ~OUN~ f W ~ ~LIC _ _ ~ 5Z• ROG:.R Pf~t~RAS -y - I"~1 CORIIIlSSlOR G~~E'3.. ' • % ~ ~ LERK Ct-.CUIT COUaT ~ - _ • ~ , - _ _ . ~ fqtirtiED~~ _ : : r.~. . ~ , Ri~t'AD ~ • . 'a ;4QH~ ` '~'fr, .r. Q .~1, ~ ~ ~ ` - ~ y' . . ~1T t' ~$~p24 RICHARD D. SNEED, 1R strument Not ExCCiut~~ tn Attorne~r At l,aw ~~f~~ Presence Of Scriv~n ~r 700 ~rbinia Ave. ! ~ . !l~u I,wrru~,~„i prrpnr~d hy: Sun Bank Bldg. • SUt't~ 102 ~ A~ f~R,~ Fort Pierce, Fla. 33450 E''~ - ~rrr~%.~.=~ - _ ~ ~ ~ _ _ ; ~ _