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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~: ~ ~ (Nl~t-Gl~~-..c_ ~ ~~c~- ~ . . - - - - - ~ - - . _ --F7 - - CL G1tA'Y JR. ~ • 7 - --pa~cr.~i~- --Q~ ' ; ~ ~ ~ ~ ~ ! ~ ~ ~ ~ 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 - = . . : .f. S i~.~~. . ' ~ { ~ , l . ~ ~ . ~ . . ~ ~ ~ 'v.'~~ ~ Notary Public t ~ 4`'~ C;O~~A/7, MLE L N~?RMESO~~• ~ F~ORIDA AT U1R6E ,.?~f - A~ ~~py p~~BLIC S1 ~ 1f~`~A J•~ ~ M¦ rV ~ V 6 L~G ~nr ooywissar+ En:~se~s w~c~+ ~i, ~l73~ - ~ , to : _ ~ i ~.~~~`~~'~~~I~ • ,t ~"'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 ~ ~ _ . _ _ ~ , ~ _ - ''r"~ '"~x F~ ~vy ' ~ . ~'"~v"~. 3' ~.3 G~"+v,,..`_ ~ . . ~ . ' ..,y,.s,~ _ . . . . ,~..,~=i~~F'~~ 4. ...,_~~_~m,. _ .