HomeMy WebLinkAbout2747 and shall p~rJorm, i-omply ~oith and abide Ly ~acl~ and eoery fi~e agreemrnfs, aiipulalions, con~ilions and
co~~~nonls I~~erc>o~, an~ oj I~is morf{~as1e, Ihr~ Ihis mcufgagp anc~ fhe PlIQIB tierehy RPptP~, s{ia~~ cease, tje-
fPrmine ant~ ~~e ~~u~~ an~~ roe~~.
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T1~ Ihp murl~a~~or ~~emby (urltier rni~enants anc~ agrees fo pay prompl~y when due Ihp principa~ and
inte~esl anc~ olhpr surns o~ money pro~~i~IeKI ~or tn sai~ nole an~I fhls morfgage, or eifhe~; fo pay u~~ nnd
singular fi~e fa.res. assessm.•nfs, IPl~IP3, liabililies, u61i~a1ions. and rncum6ranres o~ every ?~ulure on saicl pro-
pe?ly: fo permif, commif or su~fe? no waslP, impairmenf or c~eleriornfion ol saic~ ~ancr o~ the improvementi
IhNrn~~n af a~iy tim~: io In•ep tl~e hui~dinf~s ~ww or herpa(I~r on said land (ully insurec~ in a sum o( no! ~ess
than=----------------- maximum insurable value
in a c-ompa~y or i~ompanies acceplahle fo ftie morfga{~ee, ftie po~icy or po~tcies fo E~e hpld 6y, and payable
to, saic~ morlgage~, an~ in f{~e e~~enf any sum oJ money becomes ~ya6l~ 6y virfue of suc~ insu~ance the
morf~ag~e s~~a~~ tiare Ihe ?ifl~~f fo r~~•eive an~ apply the same to Ihe inde6tedness l~ereby securec~, accounfeng
fo 1{~e morf~a~or Jor any surp~us; lo pay a~~ costs, charges, a~ expenses, inclu~Iing ~awyers IPPS anc~ tif~e
spa?rti~s, rPasonaf~~y incurr.~c~ or pai~ tiy fhp morfgag~e ~c~cause oJ f~?e `ai~ure of ftie mortgagor to prompl~y
anc~ jully c-omply u~i~h the agrepments, sfipu~ations, con~ifions ane~ corenanls oJ said note and Il~is morlgnge.
o~ eil~~e~; fo per(orm, comply u~ifh and a6ide 6y each an~ every Itie agreements, slipu~afions, condifions and
covPnanis set ~orlf~ in said note and this morlgage or eilher. In ttie event fhe mo?igagor jai~s to pay u~hen
due any iax, assessm~nt, insurnnce premium or other sum o( money paya6le 6y virtue o) saic~ nofe and this
morfgage, or eil~ier, l~~e mortgactee ??~ay ~y Ihe same, u~ithou! u~aiving o~ a~~c~cling ihe option to ~orec~ose
or any olhpr right hereunc~er, anr~ al~ such paymenfs shall bear intpresf (rom date IhereoJ at Ihe h~yhPSt [au?-
(te~ rate i~~en a~~ou~ec~ {?y 1~ie ~au~s oj f~P ~lafP oj F~ori~a.
J` any sum o( money ~ierei~i re~errec~ to he not prompf~y paic~ u~ithin thilty trays nex! n(fer
f~~~ sam~ hecomes ~ue, or i~ eacti an~ ~i~ery II~p agreemenfs, stipttlafions. conclilions nnc~ coi~enanfs o~ sai~
noip and this morfgaye, or ~illier, are not ~ully perjorm~d, complied wifl~ ancl abidec~ by. ttien Ihe entirp
sum mentionpd in said notp, an~ Ihis mortgage, or tl~e entire 6alance unpaic~ thereon, shal~ foril~iuith or
tltereafter, at fl~~ option of ftie morfga~ee, become and 6e ~ue and paya6le, anytl~ing in said note or herein
fo fhe contrnry nolu~ithsfancling. /'ailurP ~~y Ihe mortgapee to exercise any oj fhe rig{~fs or opfions herein
pro~~icli~~ sha~~ nof conslilufe a u~aiv~r oJ any ri~hts or oplions un~er saic~ nofe or fhis morigage accrue~ or
f~ereaJt~r accruinq.
_ ~n ~itness ~~~~1~ f{~e saic~ mortgnqor has hPrpunto sic~necl nn~I sealed tliese presenls fhp
~ay anc~ year ~irsf ahoi~e irritfen.
$igne~~, sea~e~ antl tl~Ii~~eretl irt the pr~sence u~:
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ester B. r' in ~
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Robert M. loyd
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~ STATE OF FLORID4, -
~ coL~~rx ~F ST. LUCIE ~
~ I HEREBY CERTIFI that on this day~ beforc me~ an
~ o((icer duly authoriz~d in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appearcd
~ Chester B. Griffin and Robert M. Lloyd
~ to me known to be the person S deuribed in and who executed the for~qoinq instrument and they ~cknowlcdged
~ beforc mc that they executed the same.
' H'17i1~ESS my hand and o((icia) seal in thc County and Slatc last aforcsaid this Z8t.11 day o(
~ February 4• D• 19 75. -
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~ NOTARY UBLIC State o lorida
w ~ at Large . ~
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- c"~ ' `_y;~ My commission expires: ~•7- ~
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1%is Ins~ni~n~n~ prrpar~~! by: ~{~i~Jcr3~J
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~5 A~lrln:cf
aooK ~6 P~~ 2744
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