HomeMy WebLinkAbout1740 and shall.p~r(orw+. comply with and a6td~ 6y ~nch and every th~ agrotms~ts. ~tip~ulalions, co~ltiona snd
cavennnts Ihtnoj. and oj Il~is mortgag~. Il~~n tl~is ~nwtgnge nnd ih~ ~stot~ he~v6y cnated, i1~all cvas~. d~-
!~?w~ine and be au11 arul void.
fi~e rno?t agor tien:by rurftier eovenants and ag?ees to paY P~~'~Plly wl~en aw ll~~ princ~pnl and ~
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tnterest nnd olher sums oJ ~noney provided for t~ raid note and thts mo?tgoge, o? eithK: to pay nll and
~ingular !he tares. assessments. ~evtes. ~Iabi~ittes, ob~igattons, and encurnbronces oJ ~uery nalun on said pro-
pa?ty; to per~nii, commt! or sujler no woste, impuirn?ent or dete~~ioratton o~ said ~und or f~• improv~msntt
fhereon at any time: to ~eep tl~e buildinqs now or 1~e~(ter on said ~and lu~~y insurecr in a swn o` not ~ess
ftian
in a company or campanies acceptab~e to ihe morlgnges. the po~lcy or po~ides lo ~~f~ 6y, a~ A~l?ab~e
to, saia morl~ngee. and tn t~?e ewnt any sum oj money becoines r,~ra6k 6r uirf~u of such Inswance th~
mortgagee ska~~ i~ave 1tie rigl+t !o receiva ond apply Ihe same to t6e indebted?~esi I~ere6y secured. aceountin9
to ttie morfgagor (or anp surp~us: fo pny a~~ costs, ctinrges. ancj expt?.set.- tncltedtng ~awYer s f
ees nn~ fit~
searches. reusonn6ly inciirred or paid 6y tl~e niortga9ee because of t~e fni~ure o~ t~t mortgagor to prompl~y
' and ju~Iy eomply will~ fl~e ag?eements, stipu~nttons. condifions and covennnts oj soid note and tkis ~no?tgag~.
or eil{~er: to per~orm, compjy wlth ared a6ide by eack nnd every ihe ag?eemenfs. stipulattons, c~onditions nnd
covennnts set Jortl~ in suid note and t1~is mortgoge or either: In the event the ?noriyagor (ails to pny when
- due any tax, asseument, inswnnce premiurr~ or other sunt o~ money papable by virlue o~ said not~ and ihis
mortgoge, or eif~er, the mortgagee may pny I~e snme, wifhouf wniuing or a~jecting ttie option tn jorecbse
or nny other rig6t I~ereunder, aRd nII such paymenb shall bear intereat ~rorn date ther+eoj a~ tke k~9hest bw-
(ul rate the~ allowed by t1~e laws oj the State oj Florida.
any sum of money he?ein re(er?ed lo I~e not promptly paicl within Thirty (30) day: ne~ct a)fe?
tl~e aame 6~c~omes due, or if sach and every t6e agreements, stipulations, condilions and eovenanb of soid
aote and t6is mo?tga9e, or ei~ker, nre not ~ully per/ormed. complied with and ab~ded by, then tke eRti?e
sum menttoned in acid note, and tl~is mortgnge, or t1~e enlire balartce unpaid tl~er~eon. :kal! jo.thwtek or
tl~erenjter, at il~e option oJ fhe mo?Igngee, bernn~e and be due and payn6le, nnyt6ing in said note or I~e~ein
to the confrary notwil{~.standing. Fnilure 6y tl~e mortgagee to exercise any of the ~igtits or opttona herein
providecl sha~~ not eonstifute a waiuer oJ any rig/~ts or options under snic~ note or t~is rnortgoge accnied or
t~erea~ler accniing.
~n Ihe sold mortgagor ~as tiereunto signed and sea~ these prrsenb ftie
~ay an~ year ~irst u~ove written.
Signed. sealed and delivered in tl~e presence o/: ~ c~'
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STATE OF FLORIDA~ ~
COUNTY OF $T. LUCIE I HEREBY CEKTIFY that on this dar~ betorc me. aa
ofticer duly authoriud in the Stat~ a(orcuid and in the County a(oresaid to uke acknowkdgments~ persona111 appeared
j. Patrick Beacom and Robert M. Jernigan 3
to me tnown to br the prrsong descn"bed in and wlw exccuted the forcgoina inswment and ~1@y acknowkd~ed
:
beEore me chat they excn~ced d,e fame. -~~s,-
WITIVESS mr hand and oi(icut seal in the Countr and Sute last afomaid this 4~'1 _k
September A. D_ 19 74 . ~
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j~ ~ NOTARt o~~Blit S1AtE Or'~ OR~A Af ~~',E-;
si• ~ Mr coMMissioN Ex~ea ~J or. g,
Q~E~l~~ ~r~s~ 60NDED THRU GENfRAI INSU~~/. ' J"U;iDEfiYINTaS
ItitO~D 1iL IFK{f......•"' . S tAT
5 ~ ~ ~'~+i ~ ~
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;~~~800
' l~,rs I~wrrmr~•~r~ pnp~rr~! hy: joe G. Mullins -
fl~l~lnu P. O. Box 970 p R~~~~~
Ft. Pierce, Florida 8001( ( ~
33450 ~
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