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HomeMy WebLinkAbout0209 an~ ~hal! p~~orm, comply wifh and abids by each a~d every f~e agnsments, ttlpu~attorit. condtlions and co~?enantt ~hereo(, nnd oj thts mortgas~e, tF~en Il~is mortgaAs and the estats I~en6y crsa'Ivd. ihnll cease, d~- te?mine and 6e n~d! and iroid. ~!{?w mo~fgagor hewby f urf/~er c~ovenants and ogroes to puy promptly when due fhs principa[ and interesi and of~u~? sums o! money providecj lor tn iatd nole ancl ttib mortgoge, or eit~er: to pay a~~ and singu~ar ihe ta.res, assessme~fi, ~~te~. ~tabi~iltes, obligaltons, and encumbranoea oj evsry nutun nn sald pro- pert~+: fo permtf, eommi! or su(~e~ no wwfe, impairment or dele?iorofton o~ iatd land or the improuernenb the?rc~ at• any time: fo ~?p f~e bui~ings now or ~erPa(fe~ on said land ~u~~y insured tn a aum o~ nof ~eu . ei~an ~ the amount secured hereby in a company or rnreywniea nceeplabje !o t~e morlgagee. f~e po~icy or po~icies to 6e hetd 6~?, and ~~6b to, said morfgage~?. anc~ 1n fhe euent any aum oj mo~ey 6ecomea ~xiya6le 6y virlue of auc~ tnsurance Ihe morfgagee ~haU hnve Ihe rtgh~ to recetue and apply tl~e same 1o th~ indebtedness I~ere6y secured. aceounfing to fh~ mo?iganor for nny surp~us; to pay n~~ cost~, charges, and Axpenses. inc~curing ~awyeri (eet n?~ tit~e sea?+chps, reaaonably incurrnc~ or paid 6y Ii~e mo?tgagee 6ecause o~ i~e jni~ure ol t~e nw?tgagor to prompt~y anc~ jully rnmply wit1~ the agreemenfs, stipu~attons, condtlions and c~ovenants oJ said note and lhis mortgage. or either, to per/wm, comPly wtei~ a~d a6~de 6r ench ~d every !he ag?eements, stipulationa, oondtltons and ~ covena~~ts sef lo?tk in said nofe nnci this mo?lgage w eit/~er. In fhe event the mortgapor (aiV to pny w~en due nnp- tax, assessmenf. fnsuranc~e premFum or other :um oJ money papable by vi?tue of said nofe and t1~is mortgage, or eitl~er. t~e mortgagee maq pay ll~e same. wifl~out wnlving or alfecfing f1~e option to ~orec~ose or any ofher r1g?~t hp?eunder, and all such pn~+menb s~al! benr inlereat /rom date thereoj at tl~e higf~est low- Iu[ rafe Ihen aUowec! by tl~e laws o/ ~he State oj F[orido. ~ anq sum ol money ~~erein re~en~e~I lo I~e noi promplly paid wifhin 10 days next n~ter the same ~comes tlue, or if each and every Ihe agreemenls, slipu~afions, eondilio?u an~ c~ovRnants .o~ saie~ note and 11~is mortgage, or eifher, are not f ully ~~(o?med. complied witb and a6td@d 6y, tl~e?t the enlire sum mentioned in said note, and Ihts mortga9e, or the entire 6alanoe unpnid ther~eon, shall jorthwit6 or . t~erea~fer, at fhe option oJ tl~e mortgagee. 6eeome ~and 6e due and paya6le, anyt~ing in satc~ note or tisnein to tJ~e contrary nofu~itl~standing. Failure 6y t6e mortgagee to exer+cise any of the tights or opftona {~eretn proi~idecl s~a~~ nof constilute a u~aiver o( any rig6ts or options under said note or this mortgage nccrued or l~ereaf le~ accruing. - ~ i j ~n ~~0`~ ttie saict morfgagor ~as ~e?runto signe~ anct sea~ f~ese presents the 'day ond year ~irst abone u~ritten. Signed, Ied and d red in e pre nce oJ: • , , . - - Samuel ~Rnight` _ . _ . o~ ' --------~a ` - ~ - - - - . _ . . • - - . . i Bet y Lou Rnight F f ' ~ - f{ k ' i _ $TATE OF FLORIDA, ~ courrrv bF St. Lucie ~ I HEREBY CERTIFY t6at on this day. before me, aa officer duly authorized in the St~t~ aforeuid and in the County a(oresaid to tak~ acknowkdgments, pe~rsonallr appeared SAMUEL IQdIGBT and BETTY LOU RNIGHT, his wife, ~ . to me known to be the person s descn'bed in and who executed the forcqoin,q instrument and they acknowkdRcd betore me that ~e~xecuted the same. ~ rYt7'NESS my hand ar?d officui seal in the County and Statc last afonsaid this oZ~ day of A. D. 19 7 4. ~ r~~ yU/tl~~~~~.'~~~ A • 1 .S/ ~!~E;. ..~yA:i,~c(~yv . . : .::i:. ~ i4~ t. ~ : Q. ; ~ ~ Notary Public , -State of Fla. at Large t~ ?AR y,- My Coimaission Expires : d-7- 7 7 . - r ,•a • . - u+' .:r~~~ G ='4 :t;' ?uEO 4H : _ ~ : A ~.~4~ ~~~`~c~: si tuc,~ c`~;ctY~o 4~~"0'• ~ ~ ~~,r: " - RG~; ?OttR ~ . ._~j~ 3'!!FSy~ ` ~``.~.~ti C~EP,S C hf.l~it . RID~!,~`f~,~;~ ~E~~~a v~P~FiFn ~ ~^ti ~ _ i~~~tl~Yj.Y;.: ' NMf ~ 2 ~ ~ s~~ ; . . + 296132 T/~u Jiulnmrce/ prrpnrri~ by: TNIS ~N~lUMENfi ~AS ~ARE1 ~ ~ fRANK fEE - FlRST fEDERAI BLDG. ~~T F~,~? g~~4 ~ 209 ~ z ; ~ ~ _ ~ ~~.;~:~____~~F.. ~ ~ " _ _