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HomeMy WebLinkAbout2771 i . ~ [Illf~ S~I/l~~ ()PI'O~RI. l'OPII~)~V 11'1~~1 QIl(~ Q~?1(~P ~)y Nach «Ill' PI'('fy ~1IP af~rrrn?pnfs. t~~~U~Q~lOf1S. l'Ollditions Qlld ('OI~P/1Qf1~S ~llPfl'O~. (1111~ O~ ~~Ilt /IlU?~{Inl1~. ~'IPII ~~I13 morfllnfip 11/11~ ~~P PS~A~P ~P~P~y l'fPQIP~. S~IA~~ fPQSP. a@- ~ ~P//I1/11(~ (1111~ ~)C /111~~ 11/1(~ 1'lllt~. ~ _ . ; IZn~ I~u~ mori{~a~1or ~~~m~~y ~urf~~er covenanls anc~ ugret•s tu pay prompl~y u~hen c~ue 1he principal and + internsl an~ of~~~r sums o~ mo?~ey pro~~ic~e~~ fo~ in saicl nute anc~ this mortgage, o~ eilhrr: to pay a~~ and sinnu~ar I~~P lo.r~s, assi~ssm~•nfs, ~~~~ies, ~in~~i~ilies. of~~i{~ations, on~ pncum~~?ances o/ every natu~e on said pro• pe?ly: to p~•rmiL i•ommit or su(~Pr no li'ASIP, impairmenf or aef~rioralion oj said ~a?ic~ o~ ihe improi~emenls f~i~~mi~n ~f any fimr: lo k~~e•p I~~r ~,ui~~~inqs no~o or ~~i~r~ajf~r on soie~ ~an<< ju~~y insurre~ in n sum o~ nof ~PSs highest insurable value i~e ~ ~•ompanv or ~•ompanie~c ac•r~pfa~~~e to1f~~P morlgaf~ee. f~~e po~icy or poltc•ies !o ~~e ~el~ ~y. anc~ {wya6le to, sni~ morf~~n~~~~, an~~ in l~~~ e~'Fnl any sunt oJ moni~y hecomes pnya6~e ~y virh~e o( such insurnnce Ihe morl~~ngi~~ sl~al~ I~ni~~~ 11i~ right lo re~•~ii•e ancl apply Il~e same to tl~e irttlebtedness {~ereby securntl, acrounling lo l~~~ m~rlga~or ~o~ any surplus; fo ~oy ~ll cosfs, c{~a?{1es, and expenses, inc~uc~ing ~awyP~~s Jers anc~ lif~e sparcl~~s. rnasonn~?~y in~•~ur~~ or pai~~ hy I~~P morlgaf~~e ~PCaUSP oJ the ~ai~ure oJ I~e mortga~or fo prompl~y an~ ~u~~y ~•omp~y u•if{~ f~~e a{~rc•~m~•nts, sfipu~ations, conc~ilions an~~ co~~pnanls oj saic~ note an~~ Ihis mortgage. or ~i(~i~r, fo p~r~orm, ~-omply wifl~ an~~ a~~i~~e by ench anci every t~~e agreemenfs, sfipu~ations, condifiuns ane~ cor~nanfs set (orl~~ in saic~ not~ an~ t~is mort{~nge or ~ifher. ~n f~e NI~P?1I IhP morfgapor ~ai~.s lo pay u~f~en c~u~ any tox, oss~ssn~~nt, insur~nc•e premium or of~~Pr sum o~ mon~y payn6le hy i~irtue of saic~ nole anc~ this morf~ac~e, or ~il~~er, f~~e morfc~ac~~~ may pay f{~P same, u~ithout woii~ing or a~~ectin~ f{~e oplion fo ~orec~ose or any oll~er ri~~I~t I~~r~unc~~r, un~~ a~~ such payments shnll 6~ar interPSt ~rom ~qtP t{~ereo( at Ihe ~~igh~sl ~au+- ~u~ rnl~ I~~~n a~~o~ne~~ ~?y f~e~ ~au~s o~ 1~~e ~fat~ o~ ~'~uri~~a. ~l ru~y sum o~ mon~v {~~r~in re(~rre~~ lo I~e not prompfly paicl wil~~irt ten ~~ays nexi a~fpr ~ f~~~ snme~ ~~re•om~s ~u~. or ij ~ac~~ anr~ i~i~~~y i{~e agreem~nls. sfipu~afions. con~filim~s aricj co~+enarits o~ sait~ I nolp ant~ tl~is morfga~i~•. ur Fitl~i~r. ar~ not fu~ly p~r~orme~. comp~iptl u~ill~ a~cl abi~ec~ by. fhen Ih~ entire ` sum me~nlion~cl in sai~~ nol~. nn~ 1{~is mo?Igage. or the enlire ha~ance unpaic~ Itiereon. sliall Jorl~uvit~ or i Ilu•reufler, al fl~~ option o~ fl~~ morfpa~e~, {~ecom~ and 6~ dne and ~ay~6lp, anyt{~in{~ in said nole or here~n fo f{u~ ~onlron nofu~il~~slan~~inc~. /'ai~ure ~?y I~~e morl~aneP to ~.rercise anV of Ihp ri{~~Is or oplions herein ~~mric~i~~ s~~a~~ nof ronslilulo a u~aii~~r o~ any ri.ry~~ts or options ~u~~~r snirl f1AIF or f~is morlgac~p QfC~UPt~ or f~i~r~o(1~•r a~•~~ruinq. ~ ~ ~n ~~tness ~hereof, ~?,f. R,~~~~,~~,~. ,,~~~,,.~~o «,,.»a ~,~~r ~~~<<.~ ~~~~.=p P.~S~.~~~ ~ti~ , tray an~I ~~~nr jirst a~~or~• ~~~rilfen. Sinn~c~. s~a~~~~ a?u~ j~~~ir~r~~~ i?e f~u• pr~si~ncr oJ: ~'t. ~ , ~e ~ , . . ~ . . . - - - ~ - - . _ . _ . .William E. Spen r • r r."'L.... . . - , - - - - _ . _ . _ . - ~ ~ . _ _ . , I . . . . i~ ' ~ i ( . . . _ . ~ _ _ _ . . - . ~ ~ E ~ i ~ ~ ) 4 STATE OF FLt)RIDA, } I ; cc~['~~r~~ c~F St. Lucie, ~ g I}iFRFBti' (:ERT1Fti' that on this day, before me, an ~ ~ i offi~~r duh~ authoriz~d in the Stat~ aforesaid and in the Counh• afor~-said to tak~ a~knowledqmcnu, personally appeared ~ ~ William E. Spencer, a single adult, ~ to in~~ kn~wn tu tN- th~• p~•rwn des~ribed in antl w~ho C~CCLLIPI~ the (or~KO~nq instrument and he acknowl~dq~d ~ Fx~(utt• m~~ that he rxrc utcd the samc. ~ ' ~ ~1~I1 \ESS nn• hand and olficial seal in th~• Count}• and St.it~• last afor~said this ,j{y~ ~ day of ! ~ i ~ ; ~'E~ A. D. 1975. " ~ r~ ~ ~ ~ . ~ a- ~ ~ G.C~G~ ~ . ~ 304:~93 , _ - - - - - - g Notary Public, 'I f~~~p ~y~ ~;ECO:~CE~ State of Florida at Lar e ~ $T.:.'JC,c t ~l3HTY flA. ~ ~~~,s My commission expires: R4.•~ c ~ ~qt .t~T t, ~ r~pYARY PU6UC STATE OF F[ORIDA AT IARGC /j :E~•" ` 'I ~ MY Cotith+~sswr, Ex~~RF~ ~~)~Y ,9 ,or; ' pcr~...- ~ - ' _ rnN~~T` ~°4U f'~~,,.,, . - - - .,~,1fCr . _ ~I 12 ~H ~~~j ,~,,,i„~~~~~,,,,,,, } y~ ~ ~ „ I 17 • ~1• ~r~~';, . i ~ - ~ *G : t J .Lr~I= ~ THIS INSTRUMENT PREPARED BY: ~ e~ so ` ~ _ Emory C. Teel, III, Esquire~ of : . . . i ! 4.•%~: ~ ~ ~/7,r, l,r~~r,~r„~,1~ f~.~ f~~~.~~~1 Fee, Parker & Fee, P. A ~'~'~0 cTA~ ~ ~~~~~r~ First Federat Building , ~ Fort Piercx„ florida 3~5~ u~ ~ry ~7 I Y ' BOGR 2~ / PAGE ~ / ` ~ - ~ . ~ ~ : ~~"~w . ~e _~T,__ ~ . _ . - . ~