HomeMy WebLinkAbout0491 ancl sl~ull J~er/ornt, ca~n~~l~~ ~ritG urul ubi~lc~ Ly cuch u~u( rucr~ ~lic ~~~rr~~u~rulx. sti~,ulutio~u. ron~litior4s and
cocenants thereo/, und o/ 1hu ~uort~;u~c, 1Gen this n~url~;u~e~ und tl~c c•slut~~ hereln~ ~~re~uted, shall ~ease, de-
termine and l~e neil! nnct coid.
.
the mortgo~or 1~ereby /e~rther coucnanls und ngrces eo ~~,y ~~ro~nptly icl~en due i1~e principal and ~
interest and otl~er s~uns of tnone~ prauided Jnr iri saed natc u~u! tl~is mart~age, or cither; to pay n11 anti ~
singuiar d~e faxes, assessn~enfs, lecies, IiaGilities, obli~utio~~.~, u~~d eucu~nbru~~c.es of ecery ~urture on suid ~~ro~~- ~
ert~; to j~ermit, c.ommit or s~~8er no ~rcute, im~x~irment or deferiorafion o/ saiel lune! or tl~e iniNrouements ~
ihereon at an~~ tin~e; to kcep the Guildin~s now or )~ereu/ter o?~ sa~~r ?u~ui f~~u~, iiuured in a stun of not less ~
t1~an
in a comNa~~~ or coni~wnies acc~eptul?Ie to t1~e mort~;a~ee, the ~~olicy or ~~olic~es ia l~e l~ci~t by, and ~~a~~nLle
to, snui morttia~;ee, and in the euent nny s~e~ni of rnoney I~ecomes ~xtyable Gy uirtue of swc1~ ii~.surance t)~e ~
mortga~ee shaU hace t1~e ri~;let to receiue m~d upply tl~c .rame to tl~e inrlebtedness l~ere6y seaued, nccoimting ~
to t1~e mo?t~a~or /u, any surpl~~.s; to ~wy al! costs, c?eur~;es, aiul ex~?enses, includin~ ta~c~~er's fees und titie $
searches, reaso~wbly incurred or ~~aid Ly d~e mo?t~;u~;ec Gecuus~e o/ the failure o/ the mortga~;or to prom~~tiy ~
arui fully con~pG! u'ith ihe a~recn~er~ts, stipulatio~es, condifio~u and ro~;c~~ants o/ suiJ ~wte aru~ this ~nort~age, ~
or eitlier; to ~~er/orm, comply ~~ith arut abide In~ cuch und euer~~ the a~reements, s~ipulations, caidetioiu and .
couenants set forth in suuf note arul tl~is morf~ntie or eiNier. In the eucnt the mortbagor fails to >>ay u~l+en F
~lue an~ iax, asscssment. insurance prernium or other su~n o~ mo~~~ ~xi~oble bJ U~nue of snid rwte an~~ t1~is ;
ntortgage, or eiNier, the ?nort~n~;ee tua~~ ~wy el~e san~e, wifl~out ic•aiuin~; or a8ecting the option to ~oreclose
or uny otl~er ri~ld l~ereuruler, a?ul all sE~ch ~wyrnents s~~aU 6ear interest /rom date thcreof at the hiKl~est law-
fu! rate then alloued bu tlie laius o~ ihe State of Floricla.
any sur?i of money I~ereir? re%rred to be not promptG/ Jwid ~cithi?i thiYty ~jays next aftcr
the same Lecomes due, or if each und ever~ the agreernents, stiputatiei~.s, coiulitio».s arul cooenants of said
note an~~ U~is mort~;a;~e, or either, are not (u![~ performed, com~~liecl ~ciNi a~ul abided bJ, d~en t1~e erztire
suni mentioned in suict iwte, aiul~ tliu morthage, or ihe entire balurice ~m>>a'ul d~ereon, sholl forthtced~ or
thereafter, nt the o~~tion of N~e mortgagee, becane an~l be due a~ul ~w~a6le, anyN~ing in said note or herein
to tlie contran~ noticitl~standing. Failure b1 the mortga~;ee to exerci~e any o/ the ri~l~ts or options I~erein
>>rouuled sliall not constitute a u•aicer o/ an~ ri~;hts or optio~u under said note or tl~is mortbage accrued or
thereafter accruinr.
~n ~itness ~hereof~ the said mort~u;~or has leere~mto si~;ned and sealed tl~ese pftsents ihe
dat~ and year ~irst uboue ~rritten.
Sig~ed s led and defi ~ ed i the ~resence of: ~ ~ , ~
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_ STATE O~ ~LORIDA, • ~
COU~TY OF St. LYCie before me, an ~
t IIEREBY CE:RTIF~' that on this da~•,
o}&cer duly autixrcizcd in thc State a[ora~aid and in the County aforesaid to tal:e ackiwH•Icdg~nentc, prrsonally aPpeared *
Da~is his t~ife , =~1 '
Roger M. ~ Davis Jr. and Janice H. . -r: - s
the " : ` . ~ .
tu ux~ ktN~~~n fi~ IN• tlx• ~x•r.w~n s~!~•~•riIN•il in :~u~) ~cIM~ ~~~~Y~~d~•d dN• (~~n•L~~iu~ imtrunu•ut :unl jtlt~f+it~ : ~
t:.. ~~~~f . ~ r ~I~
~ ~3~}11;F~ i.,. -
lx~(un• n~• that they t'\Cl'IIGYI 1I11` ~.II~N•. `
~vrr~rss m>' hand :u~d ulfici.d u:~l in th~• (:unnh and til.d~• I:nt afun•utid thic 1.~.- ± ~ '
~ .a. 1). I') )4• _ rl~.~ o ; .
y ~ ~t-'F-C,l i~~ .LL ~ o ~ z~ . e.. _
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,_E-;pUEO ~ ~ ~ f` t {
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f1lED i.~ JN1~{ FL~. NOTARY PllltllC nJ~TE QF FLORIDKAY{~IE~R ~
~ 5~.~-UC't ~RS ^ ~ MY COMM15510N EXPIRES APR. le, 1977 }
Ri"" ; C~`=Rt ~ONDED THRU GENERAL INSURANCE UNDERWRIT~S ~
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