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HomeMy WebLinkAbout1542 : nn~I shall perJorm, ~v>niply inilh anr{ a6i~le by each and e~~ery Ihe agreemenls. ~fipulatio?ia, ~•ondltio?u und ? ca~~pn~nls I~~ereo~. ~n<~ o~ 1~?ia mo?Iga(~e. I~en f~is morf~age un~ I~e psfate hp,p6y crpalPd: ahall cpase. de- I lermine A?Il~ ~P n~t1l and ~~oid. ~ ; . ~ fin~ I~~n mo?f~~f~or ~~~rnby ju?Il~er cavenanfs ancr agrees to pay promptly wF~en da~e Ihe prin~~ipol and inte~~sl ancr ofl~er sums o~ munry provicl~I ~or in sai~ note ane~ Ihts mortgnge, or eifher: fo pay a~~ and sin~u~ar 1{~e faxes, asspssmenls, ~evies, ~la~~i~+fies, ob~i~ations, and encum6rances o~ ei~ery nature on said pro- periy: fo permit, commif or su~jer no u~aste, impairme?~f o~ def~?iorofion o~ said land or fhe improuementa ftit~rwcn af any fim~: fo ~PPn I/IP Lt~il:lenfrs now or {~~r~ajf~r on snit~ ~ancl fu~~y insurP~ in a sum oj nof ~es~ fhan in a t'ompany or companies acc~~~fa~~~P fo I~e m~r1{~a~~~P, ihe po~icy or po(iries fo 6e h~ld by, and paya6le fo, sai~ morl~a~ee, anc~ in Ihp ~vent any sum oJ mon~y f~ecomes payab~e by oirlue o~ suc~ i~esurance fhe mortflagee sl~al~ hai~e ihe. ri~ht fo rc~cei~~e an~ apply Ihe snme to tl~e indp6ledr~ess Itere6y securptl, accounting !o fhp ~morfna~or (or any surp~us; fo pay a~~ cosfs, c~~a~es, nntl expenses, including ~awyer~s jees and lif~e ceorches, reasonaF~Iy inc~~rrr~ or ~a~d by rhp morfgagne {tPCQl15P of 1{~e ~ai~ure o~ itip morlga~or fo prompt~y anc~ (u~~y comply UJII~ ~~P 4(J~PPfl1P11~S, sfipu~afions, con~ifions arid coi~enants o/ said note and f1~is morfgage, ~ o~ eif~~Pr: to p~r~orm, comp~y u~il~~ an~ ahic~e tiy eac~~ ana ~very 1~e agreements, slipu~ations, conc~ilions anc~ con~nnnfs sef forf~~ i~i said nofe an~ this mart~age o~ either. ~n t~~e pVP11~ ~?tB morfgago~ ~ai~s fo pay u~f~en diu• any tar, assessm~nf, insuranrn premium or of6er sum o( money payati~e ~y ~~iriue o~ saitl note anc~ l~is mortflagP, or eii~~er. I~ie mort~agPe may pay f~~e same, ivifhout waii~ing or aJ(ecleng l~~e oplion to ~orec~ose or any oll~~r ric~I~f Ju~rnun~ler, and all siu{~ payments shall bear interest Jrom date il~ereo~ at the F~i~{~est ~nu~- (ul rc~le ll~en allotve~l 6y fl~e I~u~s o~ t1~n $tale o~ f'Iorirla_ Dl any se~m o~ mon~y ~~erein re(erre~ lo he nof prompl~y paic~ wiltiin ~p c~ays npxt njfer ~ 11~~ sam~ I~~com~s due, or if eacli ~nrl erpry IF~e agreemenfs, sfipulafions, conelilions an~l coi+enants o~ said ~ note and f{~is morirya,ry~, or eitl~~r, are not Jully per~ormecl, complied u~ith and n6ided 6y. /Ren t{~p entirc sum mentioned in said nole, and Ihis mortUage, ur !I~ p enlire 6a~ance unpaid tl~ereon, sl~a(I JorthuTitF~ or - f{~preafter. «t Ih~ oplion o~ 1~~~ mortryagee, f~ecome an~ E~P due and payahle, a~ythinfl in sai~ note or ~erein fo t~P ~onfrary nofu+il~~slancrinn. Failur~ ~?y t~ie mort~a~ee fo exercise any of f{~e ri~hfs or opfions hereirt pronitl~c~ sha~~ nol consfilul~ a«~air~r oj any riqlifs or options un~~r sai~ not~ or ftiis mort~~age accruea~ or I~~ernajl~r nrrn~int~- ~n ~itness ~ihereof~ f~u• sai~~ morl,ryayor ~~as I~Preunfo si~~necl nn~I sea~~t~ lf~~se presenls IhP ~ ~~al an~~ year firs! a~?orc~ u~riften. $i~ne~, s~a~ecr t~~~in~re~~ irt f~u~ prns~~nc~ oj: ' ~ . . . . . . - - ~ ~ ~ arren p vey . . , : :.,~~4. - ~,i-- - - - . . . I'~ - _ - - - - ~ rva~Ja Spivey . - . . . ~ . . . . . - ~ ~ . ~ . - - . _ - - - . - - - - - - - --.1~ ~ E ~ ~ . . ; ~ STATE OF FLORIDA, ~ i ' ~ ~ ~ ; coi.•\TY OF ST. LUCIE ~ I}iEREBY CERTIFY that on this day, before me~ an ~ ~ offi~er duh• authorized in the Statc aforesaid and in the County afor~•said to tak~ aeknowledqmcnts, prrsonally appeared ~ ~ WARREN SPIYEY, a single adult, and IVA JO SPIVEY ~ ~ to mc known to br the prrwr~ described in and who ezecuted the (orrqoinq i~istrument and they acknowledRcd ~ ~ be(or~ uic that they rxccuted thc same. ~ ~ ~~'I1'`ESS m~• hand and o(ficial scal in th~• (:ounty and Stat~• )ast aforesaid this ~ day of ~ ( ApI'll D. 19 75 ~ ' ~ - , . ~ • ~ ~ , ~ . . ~ ' ' ' - ~i . ~ ~ gL~ ~ t! ~ , ~ t ^ • ~ Not,a~Fy~ Pub li c,~ St ~e ~a~ ~or~. da ~<;Large - _ _ . , _ . ~ O : ' _ ~ I~y Commission Expi~e~s-~ ~ f : , ~ ~ ~ ~ •2;t~ ! ~ ~ -t-~~~EO . - ~ Fl~ED aK = ~ ~ St_ IUC~f G~UNRAS`~ ~ ~ f.LEf f. ~,lllT COURT c; I . r,11 ~ . ~ pcC~~`.. ~r:,,F+Eb~~.~"""~ ~ ~ ~R 15 3 4k PM'~ ~ ~ ~ lrrc I»yrr~~n~•~r~ prc~p~~tr ~1 ky: ~ ~ ~l~/~/r~:~sC~2ds. ~ ~'II. ~..~~4II~ 3~~~~ ~ . C Attorncy at la X u R 2~8 PAGf ~540 ~ , 32i3 30. 2ad St. 804K F~. PIEHCE. FLR ' ~ - ` ~~a ` ~ ~ ~ L•~:;-_;:~ - -