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HomeMy WebLinkAbout1472 - I an~ sha~~ ~ perjorm, romply ~th a~~d a6;de 6y ~h an~ erery f~e agreementa, atipu~atlon's, conditions n~d co~~enanfs thpreoj, and a/ Ihis mwtflas~e, then this mortgage and ihe eatats hp.p6y c~enled, a1~all cease, de- fermine an~I he nu~~ anc~ t~oi~. ~il~ Ihp morfga~o~ henrby f u?t~er coi~enanfs and ogreea to pay promptly when due !he p?tncipal and internsl and oftie~ sums o~ money proi~icrecr Jor in sai~ note and ftits morfgage, o~ eithe~: fo poy n~~ a?td ~ alnflula~ 1he laxes, assessments, levies. Iiabililies, o6ligations, and encum6rances oJ every nnlurs on satd pro• ~ periy; to permil. commit o~ su~~er no wasfe, impai?ment or deterioratio~ o~ sait~ ~and w t~e tmprovementt ~ Iherecn al any ti~~p: fo RPPP IlIP DUII/I/II~S now or 1~r~ea(fer on caid ~an~ f u~~y insurecr in o sum o~ nof ~ess i t6an --------------full insurable value----------------------------------------- ; tn a company o~ companies accrpta6~e to f~e morfgagee. Ihe poGcy o~ po~tciea to bs l~eld by, ~d ~ya6l~ fo, saic~ morigaqee, an~ in Ihp event any sum o( money becomes ~ya6[e 6y vi?tue o~ such insurancs !he ~ morfgagee shall hane Il~e right fo ~rceive and apply Il~e snme to II~s inde6tedne:s here6y aecured, ncc~ounting to fhe morl~a~or jor any siirplus; eo pay all costs, charges, and expensea, including lawyer's (ees and title searc~es, reasona6ly inc~~rred or pai~ ~y fhe morfgaflee tiecaiup oj fhe ~ai~ure o~ ltie mortgagor to prompf~y antj lu~~y rnmp~y wilh the ngreements, stipu~ations, rnn~itions anc~ covenants oj suid note and lhts morlgage, or eit{~er; fo per~orm, comply u~if1~ and abide by euch and ~~ery the agreements, sfipulalions, condifions and covpnanls set ~orth in said note a~d thts mortgage or either. In the pvent tl~e morfgagor /atls to pay wl~en due any tax, assessment, insurnnce premium or oll~e~ sum o~ mo~py ~ya6le 6y viNue oJ saicr nole anc~ ttiis morfgage, or either, t~e mortgagee may pay !he same, withouf waivi~g or a~~ecfing the oplion lo ~orec~ose or any oll~er rinl~t herPUnder, and all such payments shall 6ear interest Jrom date Il~ereo/ at Ihe I~igheat Iau~- (ul rate Ihe~ allou,ed by t1~e Iau,s o/ Ihp State oJ Florida. any sum o~ mon~y herein re(enec~ fo tie nof prompf~y paid wilhin ten (10) crnys nexf a(fer fhP samP 6ecomes due, or ij each and every fl~e agreempnts, stipulalions_ conditions nnd couenanfs oj said note and thi~ m~rt,yn9e, or eitf~er, are not jully perjormed, complied with and a6ided 6y. Il~en the ertfire sum mentioned in said note, and Ihis mortgage, or tl~e entire balance unpnid Iher~?on, shall /orfhwith or fl~ereaJter, nt ttie oplion oJ 1{~e mortgagee. 6ecome and 6e due and paya6le, nnything in said note or herein to I~e contrary nofu?il~slnnc~ing. Failure 6y tl~e mortgagee lo exercise any o~ (~e rtg~fs or opttons ~erein provic~pcl s~a~~ nol conslilufe n wainer o~ any rigtits or opfions under snid note or f~is mortgnge accruei~ or t~iereo(fer accruing. ~n ~itness ~hereof~ f6e saic~ mortga,qor hns hPrPl~?IIO S!Q?1~1 and sPalecl these presents the c~ay anc~ year ~irsf al~one tnriften. Signed, sealec, and 'etered ~n f presence o~: ~ ~ - ----...~_..~~:ti.a.r.~~...~ D . HAMM .M.._-.~,:~~ --Q~ ~ ~ STATE OF FLORIDA. ~ COL'N7Y OF ST. LUCIE. I HEREBY CERTIFY that on this day~ beforc me, an offi~er duly authorized in the State atorcsaid and in the County a(oresaid to wk~ acknowledgments~ penonaUy appearcd ; ALRED A. HAI~IIN and BARBARA HAt~i, his wife, to mc known to be thc person S described in and who esecuted the forcqoinq instrument and they acknowkdaed before me that they ocecuted the sama N~ t1'NESS my hand and official seal in thc County and Statc last aforesaid this 13th day oE Mdy, p. D. 1g 75. aK~- ~ju~%~ _ . . Notary Public, St e of Florida at Large. a~Ep My commission expires: h ~ ri~'~" flA• f1~E~~>;. :%'_~JrS~ ~ p~~ at l.+~V~ St.l~ ; -,:`aa5, ~ SU1t ~ K~~ ~,t ~R; EtP~res 1~e 19' NiS - C t=°~' ti E"-~'`~ Comm~'M p,,, a c.~r t~. QM - ~ : ~ • ~ ,'~5 ~,r _ ~a 3 2~ : ~Y' - . . _ Ma1 ~ . ~ - . ~~032 `'~;~~s~,~-. ,~Y . 3 - ~ , ..~1 ~,~r £ ' - ; ~ h. 2., ~ ' . I7iir liulnia~~»~ p.cpn,~d by: ~ ~„~;ti,;.: .r.c GERICL~ S. JAI~S, Esq. A~//n_u ~ j-' . r Post Office Box 3089 ''~~++'t" bpp~~ p~~~~ ~ Fort Pierce, FL 33450 ~ , - _ _ - . ~ , ~ ~ { ~ 9+~-`:5.~`iC"~'F'.c°` 'f'^~ ~ . ~L`~' a. _ . . y _~rISS..~~,..-'.E