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HomeMy WebLinkAbout1190 n?u~ sha~~ per~o?m. comp~y wifti and abtd. 6y .o~k a,~d ~i~ery fh~ op?tem~nta, allpu~afioni, ew~dltloru and co~~enanls tl~ereoJ, and oj tl~ta mortgape, lhen thb mortgop~ ared tl~~ ~atat~ hen6y created, ~I~nu cYas~, d~- termine and be hull und uoid. - ~ttd ~I~P ~w.ee~o. l~e.v6y (urti~ cownona and ogroa to PaX P~Ptly wlun dw 11~~ p?i,~c~~l w~d tnteretl and ot~pr sums o/ money provided jo~ in said not~ aru~ ftib etortgop~. or ~it~ar: to pay a~~ and tingujnr 11~e ta.res, assasments. jeules. ~fa6i~Ifles, ob~ignllotu. artd encumbrot~c~a o~ ~wry nntun on aaid pro- perfy: to permtf. commif or ~u~~er no wate. impairn~n! or dtfa~iorotlon of mtd ~nnd or f~u tmprowm~n4 l~er+ecn at any fime; to ~eep the bul~in~s nau or tierewfter on satd bnd ~u~~y insiwd in n aum o( ~of ~sta thnn ~ximum insurable value . tn a cornpany or companles acceptab~e !o f~e mwtgagee. ths po~icp or po~lc~as eo 6~ he[d 6y. o?~d ~~61. to, said morfgages, an~ in the eaen! any aum o~ money ~xeorru~ ~yya6le 6y nirlw b~ tuch iniuranct t~e mortgogee sl~al! haue the ri9kt to recetue and apply the sains to th~ ind~6ledness here6y secund, acrounting !o the mortganor jor nny surplua: to pay all eosts, charges, nnd exptnaei, tncludtng Iaw~ i ~eea and titl~ searches. .~easona6ly tncurrecl or paid by ~I~e mwt9agee because o~ the ~ai~ure o` !he mortgnQor to prontpf~y and ~u~~y comp~y witk the agreemenls, sfipu~atioru. oondtltons nnd cownanta o~ said note and thts wartgag~. or eifher; to perform, ro~Ply w~eh and ab~de by ~h and every the agroemenb, atlpu~attont. conaitiont and co~enants set /ortb in said note and th~ morlenee or eit6er. ln the event the mortgagor /a1ls to pay when due any tax, assessment, insw+anoe premium or otker sum oj monep pnya6le by utrtue o~ said note and this mwtgage, or either, the morfgagi?e muy pay !~e snme, cuithout wnivfng or aJfecting I~e option !o ~oreclose or any otker rigl~t I~ereunde~, and nll such paymenb sknU 6ear tntenat ~rom date thfreoj at 1he highest law- - f ul ?ate Il~en allowed 6y tl~e laws o/ tl~p State o/ Florida. ~l ony sum o~ money ~erein re~e?recl fo be not prompfly paid wilkin 1,5 , cjays next a~fer the same becomes due, or i~ each nner euery t{~e agreemenls, sfipu~afions, rnnditions aru~ couenanfs of satd note anc~ ttiis morfgage, or eit/~er, are not ~uuy perlormed, c~omp~ied wIl~ and o6~ded by, t~en t~e enlir+e surn mentioned in said ~ote, nnd fhis mortgage, or lhe enfire ba~anoe unpnid ther~eon, shau ~ortl~with o~ thereajter, ot the option o/ t1~e mortgagee. 6ecome ~d 6e da. ~d ~~6k, anytl~ing in said note or 6erein to the contrnry nofwiihsta~ding. Failure 6y ~I~g mortgagee to exercise any of ftis rtg~b or options herein provided s~n~~ ~ot consfilufe a u~aiver oj any righfs or oplions under said note or t{~is mo?fgoge accruee~ or tl~erealler accruing. ~n ~~Ol~ t{~e said mor~gngor hns kereunto signed and sealed tl~ese presents the day nnc~ year jirsl above u~~ilte~. Signed, sealed nnd delinered ' lhe presence o: - ~ E L. Burton - ~L-dS. :l-:::::`- ~`(y~.=1."~~ ~''rf'''-~ . ~ ~ . 4r---------------------------------------~--------------------~----- ' Mary Burton ~ ~ - ~ i - I ~ ~ ~ STATE OF FLORIDA. f COUNTY OF St . Lucie ~ ?~~~n„~,. f I HEREBY CERTIFY that on this dag,.~o~el~~ ah•. . j ~ 1~ ~ otfice~ duly authorized in the Suee aforeuid and in the County atoresaid to tak~ acknowkdsments~ p~iy appei~ed y~~ : : ~ E. L. Burton and Mary Burton, his wife ~9~ F ~ S - k to me known to be the person8 described i~ and who executed the toregoing instrument aA~l.'t'i}~ -~t~~~d~ed', ~ be(orc me that they ~~cuted the same. ~r~ t'~:' ~ : - ~~7~~ 7it ~ WI1'NESS my hand and of(icial ~eal in the County and te last aforesaid this 0;,,~~~dar.u(a ' ~ A. D. !9 t ~ PI ~ L € [ ~ • . . . _ ~ FILEO.l~G RECOROEO ~~v~~ ST.IUCIE COUh1Y flA. ~T 0!' BIlIA AtLINt~ ~ flOCER POITRAS - . ~'h' CO~Missior~ e?~ ~u,~v 3i, t97~ ! CLfRK CI.CUIT COURT ~ SONUEOTHBUGEt1EA.~llhS.L'M1UEpWpITEgg j RECORO YE7iFfE~~L ; ~ Auc ~ 2 0~ PN'~5 ~ ' 314t~29 ~ ~ ti ; ~ F ~ ~ l7ris In~n~~,rcr,i prrpar~d by: 0~ ; A~d~u aooK242 ~119i € , ~ ~~w. 3 - _ _ - " ^^:`*~'`g ..c'~ - z _ _ . _ x