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HomeMy WebLinkAbout1988 and a1~cll perf orm, comply wul~ w~d a6~d. 6y ~ci~ a~d e~~ery tl~~ agr~ementa, stipulationa, co?tditiona ond covenonb thereoj. anc~ oj ftiti nwrtgapa. t~en thu enortgagv and 11~~ ~atat~ ~by cmaf~, ahau cya~~, c~- termine and 6e null nnd void. ~ t1~R mortgagor here6y ~urthe? eovenaeia and ogreea 1o pny promptly wl~vn dw t1~ prlnclpal and inlereat and ofhe~ ~ums o` money providec~ (or in iatd nots o?~ f~b mortgage. w~ithtr; lo pny au and ~tngu~a? the laxes, asses~mentt. ~euioa, ~labl~itiat, ob~igntto~u. and vrtccunbnanc~s of ewry nafun on tald pro- pe?ty: to pormlf, rnmenit or su~jer no wwts. fn~patr+nent or clef~riorotbn oJ sntd la~d or th~ im~evwm~nb thPreon at nny timo; to ~~op the bul~ings now or herea~te? on said ~ar?d ~ullr ~nsured tn a aunt oj not ~qa than Twelve Thousand Four Hundred Seventy Eight and 20/100 in a compurtq or companiea acoeptn6la to tlie moMgage~, the pollcp or polictea to b. h.ld 6y, and payn6b to, aatd mortgagee. nnd in tI~ ewnt any sum oj ~o~r 6ecome~ pa~6l~ by ~t.e~e oj auck tnauroncv tlu mortgngee ahal! Rnve tke ~tght to reeetve anc! apply ths iame to t1~e inde6tednesi 1~sreby iocurad. ncrount[np to t~e mortgapor ~or any awplus: to pay aU co~ts. ctiarges. and expenses, tnc~udtng ~nwyeri fees ar~ ttt~ searcl~es, ?eaaonu6ly incurred or pa~d by the mortgagee bec~awe o~ t1~t jal~ure o~ f~e morfgaAor to prompt~y and ju~~y comp~y wif~ t{~e ag?eemenb, sfipulations, conditions and c~over~anN o~ soid not~ and t~it nsortgag~. or sither; fo per~onn. ~o~.Ply wtek w~d a6tde 6y w,ck o,~d ewry t/~e agroemenU. itlpu~attoro. eorulttlons and covenants set ~orlk in soid nota nnd tl~is mortgaga or eilher. In the suent fhe mortgagor ~aiV fo pay w~n aue any tax. assessmenf, instunnes p?ernium or ot~er swn of money popuble by vfetue of aai~ not~ and tktt mortgage, or eitker. tl~e mortgagee ntay pay fhe snme, without watving or n~lecting the option to jorecbae or any otl~er rigl~t 1~ereunde~, anc~ aII such paymentt s{~aII beur interest (ront date thereol af t~e ~ighast jau~- (ul rnte tl~en allowed by the [awi of t1~e State oJ Flortda. any sum of money herein referrec~ to Ge not promplly paid wif~in T6ri da)?a next a`tK 1/~e same 6ecomes due. or i~ ench and eoery fl~e ag~ements. stipu~afions, condifions and covenanb df said nole and t1~is mortgage, or either, are not ju~~y pe~ornieel. comp~iect wif~ and a6ided 6y. then t~e e~:tre 'sum neenttonec~ in aaid note, ond thia mortgnge, o~ the entire ba~ance unputd t~wr+eon. shaU_ ~oA~with or t~?ereulter, nl fhe opfton ol the morfgagee, 6ecome and be due and papa~6le, anythtng tn aaid nate or ~in to t1~e eantrary noturitlutandtng. Failure 6y the mortgagee 1o exee+ciae anr o/ t6s rigkts w optiau I~e~+etn providec~ sha~~ not eonslitufe a waiuer o~ any rig/~ts or options under said note or t~is n?ortgage .nceruec~ or therea jter acrrutnA. _ ~n ~`LII~ W~~l~ the sntd morfgagor {~as tiereunto signec~ ar~ sea~ t~ese presenfs the cjny nnc~ year firat atiove writfen. Signed, sealed and clelivered in ,the presence oJ: - ~ ~ ~'J ~ / ~ . . _~4.ran,~!~--- - • ~v rence L. Te ry + I - ----------a~--._..._..._ ~~;f . . - ~ - - - _ . ' Frances N. Terry ' - , 4 ~ I ! r E l ~ STATE OF FLORIDA~ t ~ ( CoUN'I'Y oF St. Lucie ~ I HEREBY CERTIFY thac on this dar, bet~e me, aa ottice~ duly authoriud in the Scate aforeuid and in the-Cou~ty afor~said to takc acknowkdaments~ pcnoaalir appeared { Lawrence L. Terry and Frances N. Terry, his wife to me known to be the person8 dcscribed in and who exceuted the torcgoing instrument aad they acknowkdaed before me chat they executed the same. WITNESS my hand and ofGcial seal in the County and State l.ist atoraaid this l itEl dsr of ~ September p_ D_ ~g75 -fILEO ~h. i Iri:SEO ~ ( • r ~ St.ll3C~ ,:.J~?tti" flA. •-•~"7~~ .-•--•--•--CZt~,c%.._.._...... ~ ~ c~c a ~~t , NOTA PUBLIC ~ ri ~ - _ , ~ . • ' `.i ; Nofary P~:bi9t. State of FI!+rida at L'ar~9 ~ . I~iy Commission Expires Aug. 30, 197b ~ P t i 4 z2 PM 75 ~6' ~ , ` ~ . ~ ' r ' ~ ~ ~~~~.1~ ~ - . ~ ' ~ ~ ~ ~ ,.;t ~ 17ris I~u~nnnc•ri~ pnpnn~l hy: Shirley J. McSwain, First National Bank of Fort Pierce :1~/~ln:~~ Post Office Box 970, Fort Pierce, Florida 33450 ~ io'~~ ~4~ ~+cf ~ ~ - > _ ~ • - - - - _ _ : ~ z - - - ~y. _