HomeMy WebLinkAbout2722 ancl :hall per(orm, eomply witl~ aru! abtda 6y vocl~ and ei~ry th~ agro~nNnta, •lipu~atlons. condi!!au anat
c~oi?enanls therool. and of f1~b moNpap~. Ihen Itiit n~ort9aAe and f~u atab I~sre6y cnatec~. a~au caw~.
term~na and 6e ~ull und i?oid.
~ ~I~e rnore~,~or l~e.~by ~w~k.r ~~a~a a~d a9rea ~o pay ~pi[r whe~ due eh. prt„~~I ~d
t~tenea! and olher :unu o~ roo~ey ~?id~d /o? in satd nota and t~b mortga~~. or eiltiK: fo pay a~~ and
atneular t1~e faxes. assessments. ~v+?les. uabl111ies. o6llgations, and ertcam6i+ancYa o~ ~wry r~atun on aaid pro-
perfr: fo permll. rnmmlt or su(rer no waste. tmpat?ment o? dat~ior+atton o~ sald ~and or fti~ tmprouentenb
ttiP~r.~n at ahy ttme; !0 4~p the bullding: ~ow or henwjter on xaic~ ~und EuIIy insuretl in a sum o~ not jeaa
~n4R maximum insurable VA~ue~'~"~~~~w~^^~•~w.w.w~~.~~.~..~~.~^~~.~~..w..~~~~~~~~~
in a company or eon~pante~ ac~epta6le to fhe mortgagee, th~ policp or poltciss ~0 6e heW 6y, and paynble
to. aai~l mortgngee. aac~ In t1~s event any :wn o~ ~noney beco~n.,_ ~~61e by virtue o~ such f?uurance !1?s
mortga~ee s6all hnve tke ?ight to rtceive and applp the sane !o !Iw indebttdness here6y tecurocl. accounling
to f~e mortga~or jor any surp~ua: fo pay a~~ costs, charpes. and expe~ses. tne~uc~~ng ~a~u~ s~eet and Hf~t
searrhes, reasona6ly incum~ o~ paid 6y Ihe mortgagee 6ecause o/ the jailune oj the eartgagor !o promptly
ane~ ~uilq c~omplr wtth the agreemenls, atipu~afions, condifions and eovenanfs o( aaid nole ond tRis mortgags. -
or eittier: !o pe?Eorm, comply with ond abide 6y, eac% and every ftie ag?eementt. stipu~attons. cone~ittoru and
c~ovenanla sef ~orlh in taid nofe ar~d thii rnortgage w erther. /n fhe event ftis mortgagor fai~s to pay w~en
due any tnx, assessment, tnsuiance premium or oll~er swn oj mo~er ~yable 6y virtae oj said rwte and thts
mortgage. or eiltier. !he ~nortgagc+e niay pay itie same, wltkout u~niving or alfectir~g t~f option to ~orec~ose
or any o16er ri91~t herrunder, and a!! scic~ paymenb~ shal! bear fnlsreat jrom date thereoj at tl~e bighest [nw-
~uI ?ate t6en allou~ed 6y IRe lowa o~ the State o/ Ftorrda.
any sum o~ money 1~erein re~errec~ to Eie not prompf~y paic~ within tefl (1~) days next a(ter `
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t}~e same 6ecomps due, or t~ each and rvery t~e ogreements, stipu~alions. c~one~iftons and c~ovenants of aaid
nofe and this morlgage, or ett{~e~. are not ~u~~y perf
ornrtec~, eomp~ied .u~itl~ and a6tded 6y. f~en the entiro
aum menttonc~d in said note, and t?~is ntortgage, or the entire 6nlanc~e unpaid the~+eon, shnU (orthwitl~ or ~
f/~erra~fer, af f~ee optton o~ ftie morfgngee. btc~ome and be due nnd papable, anything in snic~ note or kerein
fo fl~e c~onfrary notwitF~standinfl. Failun 6y ~he morlgagee fo exercise any of t~e righb or options /~erein
prot~Qded shall not consfitufe o watver o~ uny rig~ts o~ options under sa[d note o? th[s morfgage accrued or
ttierea~fer nccruing.
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~n ~~~Il~l ~~~1~ t~e satd mortgagor I~as herrunto signed and sealed t6ese presents the
day an~ year ~irst above wrFtlen.
Signed, senled and delinered en 1{~e presence oJ: .
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~ ~ E G IBSON ~
. ~ - ---------~[_:_..!~Y~?X~~i~l~---.. ~
~ MADGE RINE GIBSON ~
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I STA~'E OF FLORIDA. ~
~ Coux'ry nF ST . LUCIE .
I HERESY CERTIFY thac a, c6is dar, before me. an
officer duly authorizcd in the State atoraaid and in the County a(orrsaid to takr acknowkdgments, personallr appeared
EUGENE GIBSON dnd 1~ADGE MORINE GIBSON, his wife,
to me known to 1x the person descn'bed in and ~,rho executed t6e [oreaain~ instrument ~a t he y acknowkdsed
beEorc mr that ~e~xecuted the saa?e. ~
WI7'NESS my hand and ofGcul seal in the Countq and State last atoraaid t6is 2~tt1 day ot
~ August, A. D. 19 75.
~ . ~ ~ '
~ o ` I~bt~iy State of Florida at ~LaYge .
~ f11.E~ AH';,OO~ty f1.A- MY ~1m1333~1 P~1~+2St
~ ST• AO
1E4~ r~lt ~0 RS ~ Nom~r ~'K, stios. of Fior;da et [argi
~ C1.EAK C';FI p My comm~ssioa Ex~..s S.p1. s. 197e
a RF.(.QFLQ yE~ Eondrd by kmer'r_rn Fi» L Cosuolfy C0.
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17,is Inuran,rnr pnrpa,rd by: Gerald S. James ~ Esq, e`.
Post Office Box 3089 , ` ~'N=
n~~f~~ Fort Pierce Florida 33450
(305) 461-2~00 -~~K2~ ~~Y~~ ~
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