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HomeMy WebLinkAbout1758 an~ shol~ pe~(orm. i•nmply «~ill~ an~ abic~e ~y pach antj e~~~?y fl~e agreen~enis. stlpu~alion':. i~onditions and cor~nanls fherno~, a~~c~ oJ I~~is morf{~aslp. Ihen f{~is morlgagp and the esfafe hpre6y c?eafec~, aE~a~~ cease, c~e- Iprmine an~ ~~p nu1~ an~~ ~~oi~l. I~n~ I~~r murlga{~or ~~c>mhy ~urt~ie~ cove?~anls ant~ agrnes fo {wy prompfly when ~Iue IhP principal anet inlernsi anc~ ol~~pr sums o~ mon~y proui~~e~ jor i~ saic~ nole an~ f{~is marfgage, or eil~~er: fo pay al~ ancr stngular Ihe ta.r~s. ass~ssm~nts, levi~s, linbililies, obli~ations, a?id encum6rances oJ every nalu?e on said pro- perfy: fo permil, c•ommil or suJ~er no wasl~, impairmeni or ~ef~rioratlon oj sai~ ~ancr or Itie improvemenfs 11e.~rnen al any lime: lo ~r~ep Ili~ bui~~linns noiu or ~~erea~l~r an c~id ~anc~ ~u~~y insurecl in a sum o( nof ~ess tl~an highest insurable value in n com~~any or rompani~s acc~~pla'~~e lo f~~e mo?tf~af~e~. Ihe pojicy or po~icies fo ~?e h~ld 6y, an~ payab~e b, said ntorlgage~, and in fhP en~nt any sum of nton~y 6ecomes puya6le 6y ~~irtue o~ such insurance fhe morlc~~gP~ sha~( ?~a~~e fl~~ right fo r~c~ive and apply Ihe same to the indebteclness here6y secured, accounting to f~~~ mvrf~a~or ~or any surp~us: fo pay a~~ cosfs, ctiarfles, ane~ expenses. inclu~Iing ~atuypr~s fees an~ fit~e senrrF~~s. r~asonal?~y in~urr~~I or pnic~ E~y fhe morfflan~e ~PCAUSP o~ f{ie Jailure o( f~e mortAapor to prompl~y nn~ ~u~~y comp~y wit~~ fE~e a~ree~nenls, slipu~ations, concrifions an~ coi~enants o~ sai~ note anc~ i~~is morf{~age, or eil~~er; fo p~rJorm, comply witl~ ancl ahi~~e ~y eac~~ anc~ ei~ery ff?e agreemenfs, slipu~alions, conditions anc~ roi~~nanls sef forf~~ in saic~ nofP anc~ this morl~a4e or eilher. ~n the Fvenf f~ie mortgagor (ai~s fo pay u~hen due any fax, nssessm~nf, insurnnc~ premium or oll~er sum o~ mort~y pay~'~~e hy t~irlue of sai~ note anc~ fhis morlt~af~e, or ~il~~er, I~~P morlqag~~ may pap Ih~ same. u~it{eouf ~uaiving or a~~ecfinfl !{~e oplion fo ~orFC~ose or ariy olfi~r ric~ht I~~rPeu~~~er. ~uu~ a11 suc1~ paymenls shall 6enr intprPSt ~rom dale thereo) at t{ie I~ic~{~es! lau~- ~u~ raf~ t~~et~ a~~rnve~~ ~?y I~~r ~~u~s o~ 1{~~ ~fal~ o~ F'~ori~a. D` nn? sum o~ mon~v ~i~r~in re~errncl !0 1>e not promptly pai~ wilEiin ten c~ays nr.rt ~alfer 1h~ snm~ I,~~com~s du~, or ij each an~l ~~~erv ih~ at~reeme~nts, stipulations, contlifions ~nd coi~enanls oJ soid not~ nncl Il~is mortqa,y~, or ~it1~~r, are not (uUy per~ormed, complied wiih an~ abid~~1 6y, ihen Ihe Pntirp sum menfionecl in saic~ ~iofe, anc~ t~~is morl,ya~e, or ttie entire ~a~ance unpaicr 1{~ereon, s{~a~~ jorl{iwil~~ or 1{~ereaJtar, al f~e~ opfion o~ ftie morlg~~~~. ~~ecom~ an~ ~~e ~iie anc~ payah~e. anyf~in~ in saic~ note or {~erein fo t~~~ c-unlrnry nol~ril{istanclin~. Failur~ ~,y I~~e morl~ac~aP to Pxercise any of f~e ri~~fs or options {~prein proni~~i~c~ s~~a~~ nof ~-unsfiful~ a u~ain~r of any rigtils or options ~m~er saic~ nol~ ar f~tis mortgage accruei~ or t{ierea(f~r a~~•ruin,ry. ~n ~iitness ~hereof~ ~~IP SQi(I morfq~qor ~Iqti ~1P~PIIfl~O S!(~/IPA OII~ SPA~P~ ~~IPSP P~PSPfl~S ~~P t~ny an~~ ~ear ~irst n~~oi~~ a~ritfen. $i~~ua~. sea~~r~ nn~~ ~~~~i~•~ri~c~ in 1~~~ prc~xrnc~ o~: ! • ,c,CG~i_ ~V- _ G~'` ~ - . . . - - - . - - - - - terling . Cope an ~ - . _ . - - - - - - - - ~ > ti~ < t~ ' . . _ . . _ . . _ . - - - - - - - - ~ ~ Mildred Copela d ~ . _ . . . . - - . - - i ~ ~ ~ ~ STATE OF FLORID:~, ~ ~ ~ cc~t;~T~• cit ST. LUCIE, ~ . ~ ~ I IiEREBI' CERTIFY that on this day, before me, an } of(ir~•r duh authorizrcl in the Stat~ aforesaid and in th~ Count~• afon•said to takr acknowledqments, penonally appeared ~ Sterling W. Copeland and Mildred Cope].and, his wife, ~ . to m~~ known tn tx• th~• p+~rwns described in and who cxcrutrd th~ forc¢oinQ instrument and they acknuwledgcd ~ be(om m~• that they~xccuted the same. ~ ~ ~~~I'l \F.SS ~m• hand and official scal in thr (:ounty and Stat~• last aforesaid this ~ day o( ; ~ ~ ~ i April ~9 75. . ~ ~ ~ ~ . G~ t ~ ~ _ ~ r ~ ~'/h...c.-C.C.~. - - ~ ~ _ . - . , - ~ - . ~ ~ FIIfD t.?»' ; ~GOY Fu. Notary Public, '~"`•X:r,"^. _ ~ ST- ~~~L;' ~'NT A j ,~4 State of Florida at ~~;~'ar'.• , ~ ~ F;,: iT :CJRT ~ • : ~ ct My commission exp~e~:r.,s"`~- f d ' >r l RF - D ~ / O • • ~";'~ry-; ' ~ I • r ! I v i.y,,.~.••'~.~~ ~ A~ it L ~1~ 75 ''••-;y~~=:v~~~ ~ i ~~,,~e?,,...,.,.~.. ~ j ~ ~ , ~ ~ 30~~.02 ~ ~ ~ QHIS 1NSTRUMENT PREPARED BY:" ~ ~l%r~ I~~s~r~n~rr~r~ f~rcf?~~rr~l 1~~~: ~1110ty C. T~~I, Ill, ESC;~1~3, Gf ~ R 238 PAGE1755 Fee, Parker ~ F~~, P. a. BOOK .~1~lJ.~~st First Federal Building Fort P~erce~ Florida 3345U , ~ ~ . . _ . _ _ _ _ a~r~~~_~~ , _ ~ _ II" , ~ .