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HomeMy WebLinkAbout1738 nn~l sha~~ pivJorm. ~•omp~y irilh and ahi-le ~y pnch anc~ e~~ery t{~P ogreempnts. stipulalioris, concritions anc~ coi•~nanis IF~vrnoj, an~~ o( Ihis marll~nfl~. lF~~n ihis IIIOrI~A~P anc~ the esfate hereby rrpafecl, sha~~ c~•ase, c1e- IPrmi~~~ ~n~l nu~~ ~n~~ ~~oi~~. ~nd t~~.~ rnu?I~~ullor ~u~mhy (url~~er coi~enanls an~ aprnes fo pay prompfly witert c~ue fh~ principol anc~ Internsl_ ancl al~ier sums o~ money pro~~idc~d Jor in sai~ note and ftiis mortgage, or eilher, fo pay a~~ and ~ingul~r Ihe laxvs. ass~ssm~nls, I~vi~s, Iia6ilili~s, o61if~~tions, ond encumbrances o( every nalure on said pro- per1~; fo permil. c~mmil o~ ~uj~~r no tvasl~, impairment or ~ete?ioration o! sai~ ~ancr or fhe improvemenla t~u•rn~~n al a~iy lime: fo ~rP~p t~~~ ~~ui~c~inf~s now o~ ~~erna~l~r on saic~ ~an~ ~u~~y insu?c~cl i~~ a sum oj not ~rss Ihan en n c•ompanV or i•om~~anirs a~-c~pla~?~e to f~ie mort~a~ee, f~ie po~icy o~ policies to ~~e hpld by, a~~d ~ya6le fo, sai~ morl~~nge~, an~ in Ihc~ ~~~~nf any sum of money beromes paya{~~e hy i~t~tue oj such insu~anre fhe mo~l~~yt~p shall have Ihe ri~ht 1o rcK-~ive and apply fl~e same to II~e indebteclness hereby spcured, accounfing to II~~ morl~anor (or any surp~us: lo pay a~~ i-osfs, cha?ges, and expenses, including Iawynr~s jees anc~ lii~e s~arch~s. rnasonnh~y incurre~~ or pni~~ hy 1~~~ mo~fgafiee tiecause oJ I~e fai~ure o~ Ihe mortgaflo~ to prompl~y an~ jullv roinply iriil~ ftie a~reemenls, sfipu~afions, conc~ifions an~ cov~nants o~ sai~ nofe an~ t~~is mortgage, o? eit~~er, to p~rJorm, cumply iuith and abide 6y each anc~ euery f~ie agreemenfs, stipu~alions, conc~itions and covi~nonls sef Jorl~~ in saicl nole anc~ this morf~a~e or eif{~er. ~n !he pvent the morfgago~ (ai~s to pay u~hen due any ta.r. assessm~nt, insurance premium or of~er sum oJ money paynFile 6y virfue oJ sai~ nole ancr i~is - morfnn<~e, or eit{~er, I~~e morlc~~i<~ee may pay itie same, ivifhout u~ait~ing or p(jecling 1{~e option fo (orPC~ose or any olher ric~l~t li~rpund~r, and aII such paymenls shall Gear interest from date Ihe?eoj at tl~n higl~esl ~aiv- ~ (uI ro1~ Ih~n allou+ecl I~p Ili~ ~au•s Aj ~IIP Sl~tp o~ Florida. ~ ~L ar~y sum oj monrY {+~rnin re(prre~ fo I~e not prompfly pai~ wiftiin Thirty (3~~ ~oys next a~ter ~ l~~e samP ~)f•COIIIPS ~[IP. O~ i~ eac-{i an~ ~i~ery Ihe a9rpem~nfs, stipulafions. ronclitions ancl co~~enanis o~ saitj ~ note nnd Ihis ?norl~~acte~, or eitl~Pr, are not (ully per~or?nPd, complied with nnd a6~d~1 6y, then Il~e enli~p ~ ~ sum m~nfionecl in said nule, and iF~is mortgage, or tl~e entirp balance unpaid thereon, shal~ forlhwith or } f~er~aJf~r, af t~ie optioii o~ l~ie mort~ian~P, tipc'ome an~ h~ due and paya6le. anyttiing in saic~ note or ~erein fo fhe conlrary nohi~ifl~slancliny. Failure E~y fEie morl~a~pp ~O PXPK'ISP anq oj the ?ig~fs or options ~erein i prori~~e~~ stia~~ ~~of rnnslilute a u~airer oJ any riphfs or options wu~er saic~ ?wfP or lhis morfgafle acc?ue~~ or t{~~rea~i~r accruinci. ~n ~itness ~hereof~ fhe said morf{~aqor hns ItPMURIO SipRP~ and s~aled Ihese presents t{~n ~ay an~ ycar jirsl ~~oi~e u~ritfFn. ' Signed. sea~ed and d~~ir in th~ prnsPnce o/: ' ? - ~ -_r ' " ~ -L-._- ~ - - - - ~ ~ H. P . TflOMPSON ~ . y--- - - - - - - i ~ - - ~ _ - - - - - - - - I f ~ ~ - - - ~ - - - . . ~ r ~ ~ ~ STATE OF FLORID4, ~ COC\TY (1F ST. LUCIE I HEREBY CERTIFY that on this day, be[ore mt, an o(ficer dulv authorizrd in the Stat~ aforesaid and in the County aforesaid to tak~ acknowlydgments, personally appeared = i r H. P. THOMPSON - to mc known to br the person described in and who ex~cut~d the foreqoinq instrument and Wt10 acknowledged S beEorc me that he txccuted the same. I ~~'IT\ESS my hand and of(icial seal in thc County and Stat~~ last a(oresaid this day of ' ~ A. D. 19 74. i ,~..~.y . ~ ~ _ ~ .~.'-C f`.a Y ; . + s-. . `~,`.i[s~C<7.~f.y . - - i~r~ , , . . ~ - ~ ` ' • ; 0 Y PUBLIC ` % . . i~,s ~:j ,C ~ : . : • ~ ~ `k.. t•:O7i~'jn~ ;O My Commission expires: ~ : ~ • ~ = ~3 i p(/ 3:- I~'. , ~ D11LE L WIRMESQN. . . ~ ~~V ~ NOTARY PUBLIC STATE OF FLORIDA AT UR(~ . •~C~~ t~Y CdA~IMISSION D(PlRES MARCH 31. 1978. i ~ ' ~~~;;i;?1t~1~• ' . Ft~ f~ ={:::r.t~Eo . ST. Lli~~_ : .•J~,'"• cLA. f ~ ?~e5 CL_=:f . C~'!RT r~~ ~ 1 %rrs Ittvrn~u~nl prtp,~~J hy: ,i,~~r.~_~ o a t~ e~ Au~ 1 3~ o~ P!i'7y ~ 6~OX 2JO PAGE~7J7 ~Z~~'7'71. ~ ~;z ~ _ - - . ~ ti,." _ , ~ ~ ,.sN ~ ~ - 4 . ~ ~