HomeMy WebLinkAbout0294 and shal! p~~(o~m, comply u~ith an~ ahf~e 6y ~h and e~~ery tf~e ag?eemenls, ilipulnllons, condilions and
covenanfs Ihenw(. and oJ Ihis mortpas~e. IIIPR Ihts mortpage and the estats hpre6y cnated. ~I~all cewv, d~-
twmine antl ~~e nu~~ ant~ i~oit~. ~ ~
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~n~ I~~P mo~lga~or hemhy ~u~ther c~ovenants anc~ agrees fo pay prompf~y u~hen due fl~p principal nn~I }
inferes! an~ of{~er sum~ of money p?ovi~ec~ ~or in saic~ nofe nnd I~ts mortgage, or eif{~e~; fu pay a« o~d
singu~ar the ~(IYPS, assessmenls, ~evles, ~inht~ilies, ob~igalions, nnd encum6rances oJ evpry nalure on said pro-
pP?ty: to permif, commif or sujfer no iunste, impairment or c~eterio?ation a~ sni~ ~a~d or Ihe tmprovemenb
Il~~rncn af any lime; ~o kPpp rhe bu~ldt~~ns nou? or herna(t~r o?~ said land ~u~~y instue~ in a sum o~ nof ~eas
~?,a„ the highest insurable value thereof
in a company or companies QCCP~)IQ6~P to ihe mortgat~ee, the policy o~ poltcies !0 6e held 6y, and paya6le
fo, saie~ morfgarya~, an~ in 1{~p ever~f any sum o~ ??ton~y ~omes Poya6te 6y virtue o~ such tnsurance ths
morfnagpe SIIp~I ~QI~R the right to rc~ceii~p and upply fhe snme to the inde6tedness Rere6y se~•ured, acoounting
fo t{~e morff~a{~or ~or any surp~us: fo pay a~~ cosfs, charges, anc~ pxpenses. Including ~au~ye~s fPPS anc~ til~e
s~rrhPS, rPnsonal~~y in~urrn~ or nai~I hy 1{~e morf~ngee h~ausp o~ the Jni~ure ol fhe morfgagor fo prompl~~
anc~ f u~~y c»mp~y u~ith f~~p af~reements, sfipu~alions, con~ilions an~ covenanla o) snid ?iole and Ihta mortgage.
o~ eil{~er; fo pc~rform, comp~y u~ifh and abic~e 6y each and every Ihe agreements. slipu~ations, condifions and
coi~~nanls set ~orl{~ in saic~ nofe+ and lhis mo?Igage or eilher: /n fhe event ftie morfgagor lai~s !o pay u~{~en
dup a~~y ~~x, assessmenf, ins~aance premium or ofl~er sum o~ m~?~Ry ~,oya6[~ 6y oirtue o~ sai~ nole an~ ftiis
mortgagp, o~ eil~~er, f~~e morfgagc~ may pay 1{~e samp, u~ithoid u~aiving or a((ectinfl Ihe opfion to ~orec~ose
or any oil~~r ri~~Iit I~~reuncler, ~nd aII sut'I~ paymenls shall 6par intprpst /rom dalp thereoJ a~ ~hp h~~hps~ lnu•-
(ul rafe Ili~n allo~necl by ftie ~a~rs o~ Il~e $Iate o~ f'lorida. ,
~L any suni oj mon~v I~erein re(er?PC~ lo hp not prompf~y pait~ wilRin 1~ ~ays next afle~
t1iP sam~ 6~comPS due, or if each and Pl~Pry (I1P agreemenis, stipulations. contlitions and c~onenants o~ said
?tote an~ fhis morlgag~, or eif{~er, arp not ~ully performc~, comp~iet~ u?it{~ and u6icrec~ ~y, t~en I~e pnlirn
sum mentione~ in said noie, and Ihis mortgage, o~ fhp enfire ba~ance unpnic~ tl~prwon, shall )ort{~u~ilh or
thereajter, a! fha option of the mort~a~ep, 6c~camn and 6p due and paya6le, anything in said note or herein
fo Iti~ confrary nofu~ifhslan~ling. F'ailur~ f~y f~e mortgagep to exercise any o~ the righfs or opliona ~erein
pro~+i~a~ sf~a~~ nof ~f r o fians unc~er saicr nofe o~ I~is m~oryf ag a rr
~tiPMp(f~r accruinf~ pA~r Q~ 11~ t~~
AI~D ALL I
~n ~itness ~hereof~ t6e said mortqnqor I~as I~errunfo signprl and s~aleKl fF~ese prpsenfs the
~~ay an~ yenr jirsf A~DP u~ridPn. .
$igne~, sea~et~ an~ ~p~ir~rec~ in 1{~e pr~s~ncP o~:
1~; ,i,~'
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. S~. 'fi~. ton , J .
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Ter~. NLtlton
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I STATE OF FLORIDA. ~
~ COUNTY OP $T. LUCIE I HEREBY CERTIFY ehat o~ thu day. betore me. an
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~ o(fi~er duly authorized in the Statc afonsaid and in the County aforesaid to tak~ acknowled,qmenu~ personally appeared
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~ S. T. MILTON, JR. and TERRY C. MILTON
to m~- known to br thc prrson dexribed in and who eaecuted thc (or~qoinq instrument :nd ttley acknowkdged
be(orc me that ~1@y~aecuted the same.
I7'I~iESS my hand and o(ficial xal in thc County and Statc last afor~said this day of
~ July A. D. 19 75. -
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Notary Public, ate of Fla. at L~.tg~ ~
~ My Commission Expires : /'7~ ~ ~
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~ Notary ~~Sblie. 84be o1 Fbrtdl~ at 9, T~ _
; nex G~nnwss1on ~ ' ~ :
~ f11.E0 sN- ~ECuRDEO ~xP~es'1N1.'• ~97$ ~ : -
~ St.LUCtE ~O~NSY fU_ ; 1 : t i ) . ~ -
~ RGG~ f. Q,~;t~~S~ l ; , • :i " :
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~ ~L ~~.~~~-5 =~z4~;: -
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~ !%;s I,,.srn~n~~,rr pn~u~rr~l by: TK1S iH~TRIf~~?~,+1
~ i1~/~ln ~s fRA'1K f~E - FI~.^T f~~`_~."•t U R~4(~ PAGE ~t7`~
FORt PIERf E. EL~- BOOK
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