HomeMy WebLinkAbout1171 and sha~~ ~v?jorm, cumply with nnt~ abide 6y ~aci~ anc~ erpry tF~e agreements, slipu~ations, condilions and
co~~enanfs fherE!oj, anc~ oJ ftiis mortga~e. ttien fhis mo?lqaf~P and 1he esfafe tierntiy createc~, sha~~ cease, de-
termine and 6e nul! nnd iroid.
~1~{L f{~e mortga~or hen~6y (urlher covena~ts and agrees fo pay prompf~y ~uhpn due !he princtpal and
interpst and olher sums o) money providerl (or in saic~ nole and lh~a mortgage. w eithe?: to pnr all and
singular Ihe taxes, asspssments, levies, lia6ilifies, o6ltgatlons, and encum6rances a~ eue?y nature on said pro-
perly; to permit, commit or suj(er no wasfe, impni~me~it or dete?iotalion o~ sai~ ~an~ or !tie improvemenlt
. ~ _ ~_~_f.~ ..:.1 I~...J (..Ilv in a sum oE not ~ess
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IhPIPOn tlt Qny ilmr: lu KrrF? ii~r ~,u.a.....ya .
Ihan
in a company or companies accepfab~e fo Ihe mortga{~ee, fhe po~icy o~ po~ictes to be helt~ 6y, a??d ~yn5l~
to, said mwlgagee. and in ttie ei•ent nny sum oj money bernmes ~,oya6l~ by virtue o( aucti insu?ance t~e
morlgagee shal! have the rigl~t to receive and apply the same to tf~e ~ndebtedness hereby secured. acc~ounting
fo !~e mo?tgngor ~or any surp~us: fo pny al~ costs, ctiarges, and expenses, inr~ur~tng ~awyer s(ees anc~ tit~e
sParcl~PS. reasona6ly incurrec~ or paid 6y Ihe mortgagee hecause o~ t~e jai~ure o~ the mortgngor to prompf~y ~
nn~ ~u~~y comply witti ttie ayrepmenls, sfipu~nttons, con~itions and eovenanls o/ suid note and tl~ia mortgnge,
or eil~er: to pe?~orm, comply u~i1/~ ancl abide 6y eacli and every Ihe agreemenfs, slipu~aftons, condilions and ,
rnvennnts sat ~ort~ in said nofe anc~ t~is mortgage or eittier. In ftie euent fhe mortgagor jai~t to pQy when
duv any tax, assessment. insurance premium or oel~er sum o/ money paynble 6y virtue of said note nnd this
mortgage, or eiftier, Itie morlgagee may pay t~e same, wifhouf ~uatving or o~~ecting fhe oplion !o (orec~ose
or any olher right hereunder, nnc~ al~ such payments stial~ 6ear interest (rom dale tl?ereof at Ihe I~ighest lau~- ~
:g~n f~pn n~~ou~e~ tip f~e ~aws o( f{~e $fale o~ F~orie,a.
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~L any sum o~ ?noney herein re(er?e~ lo be nof promplly paid wifhin thirty ~]oys riext a~ter
the same 6PCOmes due, or if earh and ei~ery the agreemenls. sfipulations, conditions and covenants o/ said .
note an~ t6is mort9age. or either, are not jully pe~orn~ed. complied u~ith ~anc~ a6i~ed 6y, t1~en Ihe enfire
sum mentioned in said note, and fl~is morfgage, or the entire 6alance unpaid therwon. shnll ~orltiwith or
fl~ereafter, at tl~e optton o( fhe mortgagc~e. 6ecome nnc~ 6e due and pnya6le, anything in said nole or i~erein
to f~e conlrary notwiti~stanc~ing. Failurp hy 1{~e mortgagee fo exercise any o~ !he rigtifs or oPtion~ hetpin
proviclecl sha~~ not consiitule a u+nii~er oJ any rip~fs or oplions un~er saic~ notp or f~is mortgage accrued o?
thereajter accruing.
~n ~~Lll~s ~~~~1~ 11~~ said mo?Iqa,qor I~as hereunlo signed uncl senled these preaenls the
cray an~ ypar ~irst a~?ove writlen.
Signed. sealed and t~elie~ervd in t{~e presence o): ~
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I STATE OF FLORIDA, ~
CnU~Ty c~F ST. LUCIE
1 HEREBY CERTIFY that on this day~ beforc me. an
officer duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowledqments, personally appeared
JAI~S F. GRIMES and KAY C. GRII~:S, his wife
to me known to be~ the penon s described in and who executed the (or~¢oinq instrument and they acknowledqed
. before me that they e:ecuted the sam~.
ti~tT1~ESS my hand and official seal in the County and Stat~ last a(oresaid this ZSt day of
August A• D. 19 74.
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'~~'y F` ~ .
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~ f i4.f Or' ` .~p!~!l ~ S ~ • - ---d Q: . t ~t-....-••-•••`
~ sz.~''•y' .;~.a~~~at Notary Public, Sta,t~1~ t~;;~'l~~i ~
~a~.;.- _Lt; c
~ ~~~rr~. at Large. v
~F ~ e~,1a : ~ o -
~ 02 My commission exp$~s:o
~ ~uG NOTARY PU911C. STATE o( FlOR10ks~ C . - ~ : ~
~ ~IY fAM:d1~10Ct EXPLiES DEC. EG,"1WS:• c"~•` ~
~~365 pNDEO THRU Mwt~.~RO YOrtDIHO ~•~~GTS'T~YC•
~ r~ i ~IU{ ll~~~~~\
~ ~ ~y
~ Tbis Inslniurcnl prrpnn•c! l~>r :
~ Ben I,. Bry~n, Jr .
:IJJrccs p. O. Bwc 3230 U R~O 117i ~
PACE
Ft. Pierce, Fla. g00K
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