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HomeMy WebLinkAbout2317 q i anc~ sha~~ per(o?m, comply wilh and abide 6y eacl~ and evehr fhe ogreemenb. iUpu~ationt. condifiona nnd rn~~enanls the?eo~, and o~ thts mort9as~e, lhe~ thii mort9age and the sstcte Itero6y created, shaU ceass, dt- termine and 6e niill Qnd votd. ~ Itie mo~Igapor hen~by (urthe~ covenants and agrees to pay promptlp when due Ihe principal w~d tnteres! and other suma o~ money pro~icle~I ~o~ in aaid nole and f~ls mwfgage. o~ eifher; to pay aU ond aingu~a~ lf~e la.ras. assessments, ~eotes, ~lnbi~ities, ob~tgaftons, and encumbrnnces of every nature on sat~ pro- perly; fo permil. rnmmif or suJ~er no wasfe, lmpairment or delerioralton o~ said ~nnd or fhe ienprouemenb I~errcn af any fime; fo ~rPep Ihe hut~ings now o~ {~e~eo~tc~ on sa~~ ~ona ~u~~y insurec~ in a sum oj not teu ehan highest insurable value in a coniNany or ro?npani~s acceptab~e fo tha mortgapee. tl4e po~try ar pa~tciss !o ~e he~ by. ~d ~ya6l~ fo, said mortgo~ee, an~ In fl~e event any sum o' money becomea ~xiya6l~ 6y virfue of auch iruurance lhe mo?tga9ee ~hall ha~~a the riaht to recei~e and apply t6e same fo the inde6fedness here6y secured, oceounting to Ihe mortga~or ~or nny_ surpl~u; to pay a~~ eosts, charges, and expenses, inc~udtng ~awyeri fees and fifle sear+rhes, reasona6ly incur?ec~ or paic~ by !~e morfgagee because oj t~e ~ai~wr o` f~e mortgago~ fo prompt~7? and. f ully comp~y wil{~ the agreEments, stipu~atIons, conc~iltons and couenanfs o~ sai~ note and l~is morfgage. o~ eilher; lo perjorm, comply wit6 and abide 6y each and every !he agreements, stipulations,, rnndittons a~d covena~ts set jortl~ in said note and thts mortgoge or either. ln fhe e~ent the mortgagor jatls to puy when due an~+ tax, assessment, insurance premium or otl~er sum oj money paya6le 6y ~irtue oj said nole and t1~is mo~tgage, or eil~er, fhe mortgagee may pay ffie same, wif/~ou! wnit~ing or allecting t/~e oplion to ~orec~ose or any ot{ter rigF~t herpe~ndpr, and all such payments shnll 6ear Interest jrom dnte thereo/ nt the highest Iaw- (ul rnte Ihen allowed by the laws of the State oj Florida. ~l any sum of money {~erein re~e~ l0 6e ~ot promptly pnid wifhin 3~ c~ays next ajter Ihe same becomes due, or i) eacf~ and ei~ery fl~e agreements, stipulations, conditions and eouenants oj said note and t?~is mortgage, or eitf~er, are ~ot ~ully perfomted, complied with and a6ided 6y, tl~en the enfire sum mentioned in said note, and tl~is mortgage, or the entire. balance unpaid i1~er+eon, stiall ~orlhwitl~ or t6prea~ter, at tl~c option oJ t{~e mortgngee. 6ecome anc~ be olue and paya6le, anytl~ing in said note or hereir? fo f{~e contr~ary nolu~ithstanding. Failur~ 6y the morfgagee to exercise any oj t~e rig~fs or options ~erein~ provi~e~ sha~~ not consfilute a u~aiver o~ any rig{~fs or options uncler saicj notp or this mortgage accrued or l~~erea~ter accruing. ~n ~itness ~hereof~ Ihe said morlgagor hns hernt?n!o signed and seale~l lhese presents t1~P ay a c~ year lirst abone u+ritlen. ~ ~ , Sig ~ sea~ an ~e~i„ernc~ in e presence o~: ! ; - - . . ~ ~ - - Z~z lay n D. Locklin - - - ~ ~ ~ . _ . ~ f ~ ! i f i i ~ ~ ` f STATE OF FLORIDA. - L ~ cou:v~rv oF ST . LUCIE + f I HEREBY CERTIFY that on this day, beforc me, an officer duly authorizcd in the Stat~ aforesaid and in the County aforcsaid to tat~ acknowledgments~ penonaUy appeared CLAYTON D. LOCKLIN ~ to me known to b~ the person described in and who eaecuted the foreqoinq instrument and he acknowkdaed ~ before me that he ~xccutcd the same. ~ ~YI7:VESS my hand and official seal io thc County and Statc last afomaid this f 3~/~L dar o( ~ October A. D. 1975 ; I 1:' ~ - z ~j a,( ~ ~~i~ilE~ ..(i4.:~ ~~.1 _._'.'.~4~G~~~~4:"~,.:1~~ •_:.•~~J..~,~~ . ~ f1~~u `~-*jy ~~G• ` ~ Sj `u,~~~ ~:u~iT. AS.,at ~ y~ ~ ~ f+G ti; . " • • : ~ Ct~ °~t~ Notary Prblic, St~is af Florf,ia ~t„arge`~,( ~ . RE~~~~ MY CQmmission E„~,Iro~ July 21; .197,~ ~ l' •..~4':e~ ~ t `a 59 a . ~ a~ ~-~~-~t ~ . ~ ~ 31g~9 ~ ~ ~ ~ ~ ~ RICNARD D. SNEEQ, 1R. Attorney At law g~~24~ ~s~~~ ~ Tl,;s /,wr,~~,r~,a pr~pnm~f hy: 706 Yrginia Ave. ~rJ ' Sun 6ank Bldg. • Suite 102 Arlc~ress Fort Pierce, fla. 33450 _ _ _ .>.._r,. ~ . - - - _ _ __r_. - ~ ::s.r . :~_~.,-c.:~~'_1.,.