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HomeMy WebLinkAbout0408 anc~ sha~~ perjorm, comply wtf~ and a6ide by each and every the og?vemanta, tflpu~ation's. condttiona and co~~enants ~{~e?eoj: ond oJ this mort9ope, Ihen ll~is mortgnge and ti~e s~tats henbr crented, al~ol! cea:e, d~- fermine and 6e null and void. ~ the mo~tga~o~ hewby ~urthe~ covenant~ ond agrees to pay promptly, wl~en dw th~ prtnclpal nnd intetrsl and ofhe~ siims o~ money providec~ for in sald note and t~it moHgoge. or eittier; to par a~~ aru~ stngu~ar !he taxes, assessmenfs, leuies, IIa6fIiliea. ob~tgaltona, and encum6mnoes oj every nature on aatd pro- perly: to permif, commif or su~~er no wmte, impairment or c~eterioration of aaid la~d or fhe tmprovemenb therncn at any lime; !o keep the 6ui[dings now or he~ea~ter on saicl lnnd (ully insured in a sum oJ not Ieu than highest insurable v6~luQ in n company or c~ompanies ac~cepla to fhe morfgagee, the policy or pojtcies to 6e held br, and payabb to, satd mortgagee, an~ in the eoent any sum of money 6ecomes ~ya6i~ by vtrtua o~ suc1~ insurnnce l1~e morfgagee shall haue the rtght to receive and apply Ihe aame to tl~e inde6tedneaa here6y secured, aecbunting to the mo?fga~o~ (or any su?plus; to pay n~~ coils. cha?ges. nnd experues, inc~udi~g ~awyer s fees and tit~e sea?r~es, reasona6ly Incurre~l or pnid by !he mortgagee because o` the jai~ure o( f~e mortgagor to prompf~y and /ut~y comply wiflt fl~e agreemenls, sfipu~ations, condittons ane~ eovenants oJ soid note and lF~ts mortgnee, or eilf~er: to perjo?m, comply with and a6tde by each and every tl~e agreemenli, stipulattons, c~onditions and couennnts set (orth in said note and this mortgnge or eilher. In the event Ihe morfgagor f nila to pay wl~en clue any tax, assessment, insumnce premium o~ other sum o/ money pnya6le by virtue o~ said note an~ t~ts mwtgage, o~ eifher, t~e mortgagee muy pay the aame, withouf u~utving or a1lecting the option to ~orec~ose or any oiher rigl~t I~ernunt/er, and oIl such payments sl~all 6ear lnterest ~rom date thereoj at fhe Righest law- ~u~ rate Ihen a~~owed {~y t~p ~aws o~ ttie Stafe o~ F~ori~a. ~L any sum of money herein re(erred !o be not promptly paid wilkin 30 days nexf a~ter 1{~e snme. 6ecomes due, or i~ eacti nnd euery fhe agreemenls, slipu~ations, con~ition~ anc~ covenanls of said note nnd this mortpage, or either, are not jully pe~jormed, complied with and ab~ded 6y, thea tf?e entire ium mentioned in said noie. and t/~is mortgage, or the entire 6a~ance unpaid ther+eon, sl~all ~orthwitl~ or therea~ter, nt !?~e oplion oj 1he mort~qagee. 6ecome and 6e c~ue nnc~ paya6le, anything in said note or herein to fhe c-onlrary notu~ithstancling. Failure 6y Ihe mortgagee to exercise any o/ the rights or options I~erein pronic~ecj s~a~~ no! conslifutp a u~aiuer o~ any rig~ts or options under said note or thts mortgage accrued or t~erra~ter accruing. ~ 1n ~~~~s the said morfgagor has hennunto signecl and sealed these presents the ~ay ancj year jinf a~one u~riflen. - Signed, sealed and Iivered in ll~e presence o( ; - - - - ~ _ Betty Jane John on ~ , ~ , . ~ , ! - - , - ; ~ . ~ I " ~ ~ - § ~ STATE OF FLORIDA, ~ ~ courrrv oF St . Lucie I HEREBY CERTIFY that on this day, betorc me, aa o(iicer duly authorizcd in the State aforesaid and in the County aforesaid to take acknowledgrnents~ penonally appeared Betty Jane Johnson to me known to be the penon described in and who ezecutcd the foregoinq instrument and She acknowledgcd be(ore me chat She eaecuted the same. WI7'NESS my hand and official seal in the County an State st a(orcsaid this /y~i daY o( $@pt@~@~, . A. D. 19 7(+ , ~ .~...r:rf,; ` ~ y~ - . - . . i~. ~ J~ ~j.'`,~',.,r . . ~ ~ . • r. ~ ,C~' : ~lotary P~c. Sta:e ot ~;~~~.a 4~rse E~ 2 ~ ~ ~ - ~Ap Coa~aiasios Expiru Oct 21. IS75 ~ ~,C' 4~ :.~Q;~ rNi tr el~aH EiA w f+».~ G., ~ 'ti ~ . Q . = •s:;•fis~ . ~ a-,t.;E'~!~.~...~. FIlEO Aii~ RECOROEO T •lr'~':~ , - fU- ~ R1C!~!ARD D. SNEEII, 1R, sT" aQg~ ~d~NRI?S ~ ~ ~ - ' • Attorney At Law c~ER~ c;:tcu~^ couRt , ~ ~ aFC;ao vER.F~E~ ~ ~ ?!JJ Vi~-,~.;a Aue. Su~ Bank 61~~. - Suite 1oz ~p Z3 10 49 1%,r'r I,uirr~,n~,rr prrp~rn•~! hy: ~ p~etce, F1~. 3~~ t Ar~iln-~t p ~ ~~08 eao~2`~ PacE 4~$ ~ < ~,~~:g , . . ~ _ - ~ ~ ~,~~~~„ry ; - ~ ,d a e. s~_~ . ~ _