HomeMy WebLinkAbout0014 " u?td shall perjorm. comP~y u~Il~t ancl abicl~ 6r .~1~ ~d ~t~ery f~~ agnen~enb, stipu~utloiis. condtfio~a ond
eonenanb thee~eo/, and o/ thv mort9a~~, then fl~li moMAnA~ and th~ ~afal~ I~e~+.6r creatad, ~hall ceos~. d~-
ie?mine a?rtc~ be nu~~ an~ twt~. . .
~ tl?e mortgagor hereby jurther cove~ants and a8re~a ~o Pay ?x~o+nPtly whan dw the prlnctpal and
inten?at and other sums o/ ~nor~ey provtded jor in satd note and thta n~ortgag*. or ei~h~?: to par aU and
iingula~ !hs taxe~. auessnrents. Ievtes. Ua6iG~r~s. ob~ignllau. and ancwn~r+ans~s oj ~u~7? ^alun on aaid pro-
perty: to permil, con~n~It or su~(e? no waste. impai+n?ent or cjet~ioentton o~ sald ~ond o? 11~t in~prowmenb
tl~areon f 11E18ilY8Dl@
81U89a now or hFrea(tor on said. ~and ~u~~y insure~ in f1 SWft O~ not ~ss
thai
in a~compnny or companies acceptabje fo !he mortgagee. ehe~poUc~? or polt~t~, eo 6~ heW 6y. and Paya6~
to. sald tnortgagee. anc~ in t~e event anr swn of ~on~r ~m~ PaYable 6y virtw bF suc~ insunano~ fhe
enortgagee ahall ~nve the ~9he eo ~a~~ ~d w~ly d.e ,ane to the i•~d.6eedn.ss he~6y secu..d. occoun~tn9l
to the mortgsflor (or. any swplus: eo ~y alt chnrees. a~ut. ex~ns~s. t~lodt.~ I~w~'s je~ and tt~b -
~ searc~s, reasona6ly incumrc[ or paid 6y ti~e. mo?t9agee becwuss oj t~e ~ni~we o~ tks nwirlgagor to pron~pt~y
wu~ f
ully comply with the age~ements, stipu~ations, oondttions and covenanb oj said note and thb mortSog~.
or eit~?e~: fo per(orm, oomply ~uith and a6ide 6r each ond enery the ng?eer++ents. stipu~atloru. c~onditions and
ooaenants aet (orth in sald note and lhia mortAags or etther. in the e~ent fhe mortgagor Iatb ro Pay wh~n -
~ due.any tax, assessmsnt, insumnce premiunt or other :um oj money papable 6y virtue oj said note and tl~is
mortgage. or eit~er. t~e mortgagee mny PaY f~e same. wit~out u~ai~fing or a~~ecting t1~e aption to jwcc~ose
or any ot6er right herrunde~, and aU such payn~ents i{~aU bear 1~tsrest jrom dale t6e~+eoj a! tlw htgl~est law-
~ul rate ~then allowed by the laws o~ tl?e State o~ Florida.
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~l nny sum oj money ~erein re~err+ed io be not prompt~y paid witF~tn tP.ll days next a(te?
- the sarne beoomea du~ or i~ each and every fhe a9reements. stipulaf[ons. c~onditions and rnvenanb of ~aic~ -
note and thia rriort9nge, or eitl~er, are not jully perjormed, comp~ted wiil? and ab~ded 6y, ihen ike sntiro .
sun~ tnentioned in sald note. and thi~ mortgaga. or the entine ba~anp unPa~d ~ke~eon, shau ~o~thwllk or
thereu,ter, at Ihe optton oj ttie mortgagee. beoume and be due and pa7ro6le. anytl~ing in sald note or I~ene[n
to tlie eont~nry notmilhainnding. Faljure by tl~e mortgngee to exe~rise any oj tha ~igbts or options heretn
provided s~al~ not conatitute a u~aiuer o/.any ~gi~ts or optionr under aald nole or t~b morfgage accrue~ or _
therealter accruing.
~n the said mortgagor I~as hereunto signed and sealed these preseots tl~e
dny ancr yeat' `irst abone .writiPh: - - -
Signed, sea~ed and deli~~ered . in he prese ce o/:' • `
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•STATE OF ~LORIDA. ~ . .
COU;~'IY OF ST . LUCIE . 1 HEREBY CERTIFY that oa tl?is daY. before u~e. i°
~ of(icer duly authorized in the State a[oresaid and in the County aforesaid to take acknorrkdaments, peisonaUy appeared
CHARLES FRANKLIN WILLIS and BARBARA SUSAN WILLIS, his wife,
to me known to be t6e person8 ~ribed in and who executed the [oregoing iastrumtnt and they acknowkd6ed
~ro~ ~ ~~~they ~:~e~a 18th
WI1'NESS iny hand and o(Gcial seal ia the Couaty and State last aforesaid this day of
Octobe= A. D. 19 74.
...L.~c,~.~G~/1~ _
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~EC Notary Publ , e of F'Lo~id3:..
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cLE~~~~,~~o My Commiss~o Expire~~~~,~' • -
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Tliis I~u/rar~rntl prtp~ored by: '
w~ ~r ~ eoo~K 233 r~cE - i4
Addre~s ~R & GILBERT, Attomhr at law~
~ L~OM~ tiREET. FT. PIERCE. NA. 33/f0
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