HomeMy WebLinkAbout0944 and shall perJorm, comply u~ith and a6ids 6y eac•h and et~ery tho agrrements, sttpulaltons, c~ndIiionr and
coi~enanls Ihereoj, an~I oJ tl~ts morfgaAe, t1~en Ihts mortgage and the e~tate hereby cn~uted, ahall ceaas. d~-
lermine an~ ~ nu~~ an~ troi~.
nIL~ !~e morlgnpw ~~en~by jurJher covenanls and agreei b pay promplly when due tl~e prtncipal nnd
interrsi anc~ ot{~e~ sums oj money provi~ed (or tn salc~ nofe a~~d ihi, mortgage, or eittier to pay a~~ ane~
sin~u~a~ fhe fares, assessmenfs, ~evies. Iia6ilittes, ob~igaftona, ane~ encumb?nnces o( every nature on aaid pro-
pe?ty; fo permif, commif ar su((er no wosle, i~npairmeni o~ c~eteriorntion o~ sait~ ~and or t{~e improvemenfa
IhP?e~cn ol any lime; lo ~re~p ihP tiui~in~s nou~ or he?ra~fcM on said land ju~~y tnsure~ in a sam o~ not ~ess
~han Highest inaurable value ~
in a com{wny or rompanies accrpta~~e fo ihp morfAnfle~e, the pu~tcy or po~tcies lo be l~e~ by, and paya6le
to, snlc~ ?IIOH~QOPP, and in Ihe event any sum o~ money brcomea ~,ya6l~ 6y vlrtue oj auch insumnce !h•
morlgngee sl~all hat~ t1~e right to recetve and apply Ihe same to the inde6tednesa here6y st?cured. accountinq
to t{~e mortgano~ lo? any st~rplus: fo pny a~~ eosfs, c%arges, and expenset. ~nclu~Iing ~awye~~s f
eea and til~e
searrhPS, rpasonably in~une~l or paid 6y Il~e morfgagee 6erniue oj tf~e )atlure o/ the mortgagor !o prompil.r
und (ullp comply u~if~ f~e agreemenls, sfipu~atIons, eonc~itions ond rn~*enanfs oj said note ane~ this morfgage,
or either: to prrjorm, comply u~itl~ and a6tde 6y ench and e~ery fhe ngreementa, stipulalions, rnnditiona and-
coi~e?ianls set fort{~ in satd note and lhis mortgoge or eitl~er. In the event the morlgagor jatls to pay when
due any tax, assessment, insurance premium or ofhnr sum oj money payable 6y virtue of satd ~ote and lhis
morf~age, or eif~~er. !he morfgagee may pay Ihe aame, witkout waiaing or aljecfi~g f~e op~ion to ~orec~ose
or any oll~er rigl~t F~erpt~nclpr, and all sucl~ payments shall 6ear interpst jrom date Ihereoj nt 1he highea! Iau~-
(ul mte IRen alloiued 6y 11~p la~rs o/ tRe Stu~p oj Floridn.
any sum ol monPy herein re(e?rec~ to Ge not prompl~y paid within THIRIR (30}~ays next nf ter
thp same 6pcomes ~ue, or i~ each ana every tl~e agreemPnfs, stipu~afions, conc/iiions an~ covennnfs o~ said
note and fhis morigac~e, or eititer, are nof ju~~y perjorme~, complied ~wi1h and a6~d~d 6y, t~en the enfire
sum mentioned in said nofe, and this mortgfage, or the entirc+ 6alance unpaid il~ereon, ahall (orlhwith or
tl~ereo~ter, a! !he option of Ihe mo?tgagee, become ancl be tlue and paya6le, anyt6ing in seid note or f~erein
to i~e confr+nry no~u•ithsinnding. Failure by ftie morfgagee fo exerri~e any o~ the rig~ts or options ~erein
provic~ecl stia~~ not constitule a euaii~er o~ nny rig~ls o~ options under said nole or this mortgage accrue~ or
lherea f t~~ accruing.
~n ~itness ~~0`~ tl~e said mortgaqor has herrunto signed and sealed these p?esenls 11~e
c~ny ancl year ~irst above u~rillen.
Sig , s led and line in the prnsence o~:
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(Nl~t-Gl~~-..c_ ~ ~~c~- ~
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--F7 - - CL G1tA'Y JR. ~ •
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~ STATE dF FLORIDA, ~
~ - CoUtv~rY oF ST. LUCIE~
I HEREBY CERTIFY that oa this day~ betore me~ aa
~ of6cer duly authorued in the State a(oresaid and ~n the County aforesaid to tak~ acEnowledgments~ penonaUy appeaced
{~TALLACE GRAY WALI~R JR AND PHYLLIS iiALKER, his t~ife
to me known to be the person 8 d~scribed in and who executed the forcqoinq instrument and W~10 acknowkdged
beforc me that they ~xccuted the same.
N'I7'NESS my hand and ot(icial seal in the County and State last aforesaid thu i8 day of
Sept . A. D. 19 -
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~ ~ 'v.'~~ ~ Notary Public t
~ 4`'~ C;O~~A/7, MLE L N~?RMESO~~• ~ F~ORIDA AT U1R6E
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~~py p~~BLIC S1
~ 1f~`~A J•~ ~ M¦ rV
~ V 6 L~G ~nr ooywissar+ En:~se~s w~c~+ ~i, ~l73~
- ~ , to : _
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~"'r?,,~LGi i~1~ ~~y~ RE~ORDED
ftlEO
Sj.lUC1E CQUNIY FLA.
aac~ R ~Ot?RAS
r.~Ea~ ;•,':L ~~t coupt ~
AECr?~ VER~Ft_~J~--==-
~ 16 112s ~I'Z`~ o R
fhu Iru~rr~„~~rr~ p,rp~,.cd by: gpp~ 232 PAGE 944
,~~r,~~ ~ 292.329 ~
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