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HomeMy WebLinkAbout0197 nnc~ s{u~~~ p~rfurm, c~mply wifti an~ a~,ic~e ~~y pacti and e~~ery the agreemenls, ~Npulatlon's, condilto~u nnc~ c•o~~enanls t1~er~uJ, and o) tlils mo~tpa~e. Il~en fl~is mortgapp a~d th~ Pstate here6y crealecr. :jiall c~eate. de- IP~mi~~e a?td 6~ nu~~ ar~d t~oi.l. nn~ 1{~r murl,yaryor ~~eii~by (urt{~~r c~oaenanls and agreea to poy promptly when ~Iue Ihp prin~•Ipal and inlen~s! an~ of~ier sum~ o~ money prooirlc~I lo~ in sai~ nole and Ihls morfgage, or eifher: fo pay a~~ and sin~ulnr Ihe to.r~s, ass~ssmenls, IPP/PS, liabilities. ObI1QQI/0111, and encumh~nnces o( every nature on said pro- pprly: lo /x~rmil. rnmmil or sur(er no iraslP, impairment or ~efe~~iorafion o~ said land or fhe improvemenb 1{~~~rn~~n at ~ny tim~: to Ir~p Ilip 6uildinns noco o~ h~r~a(!er on ~aid land Jully insure~ in a sum oj not IPSt ~ ~han highest insurable value in a rnmpnny or c-ompanies ar<•rptn~~e to t~~w morl~a~lee. I~~e po~icy or po~icies lo !x+ I~eld by, and paYa6le lo, c~i~ r~torf4~ag~~, an~ in f~i~ e~*ent ~ny sum o( ma~iey ~c~mps ~ya6l~ by virtue o( sucti insurancp ttip mortga{~en s~~a~~ ~iare Ihe ri~til fo rcr~ivP an~ applY fhe same fo t{~e indebtedne~s hereby secured, acc~ounting lo t~ie morf~~a~~ur for any surp~us; fo ~xiy a~~ i'osfs, ~'~a~es, nrul expenses. i~ic~uc~ing ~awyer~s Jees ancl lif~e s~arrtirs, r~asonnlr~y in~urrerl ur ~?nir~ tiy 1/~e mort{~a~~~e hpc-n~isP o~ Ihe jai~ure o~ fhp morlgagor lo prompl~y an~ (u~~v rvm~~~y u~it~~ Ih~ anre~me~ils, slipulnfions, con~~ilions ancr c'oi~enanfs o~ sai~I ~ofe ancl fF~is morfgage, O~ PFI~IPr; fo p~~r~o?m, romply u~ifl~ and a~~irle tiy ea~•~ an~I ~i~~ry fhe agreements, stipu~ntions, rnnc~ifions and cor~~mu~ls spl forl~i in sai~ nole anc~ f~is morf~age or either. ~n Ihe erenl fhe ntortgagor ~ai~s fo pay u~~en dttP 1111y I(1X. ~ssessmi~nt. UISU~QIICP plPIi11UI/1 O~ OIhPI 5111/t ol money paya6lr hy virtup of sai~ note an~~ this morf~agP. or ~>il~~er. 1{~P ntorigny~ may pny Itie snme, u~ithouf waii~in,q or aJfpcting Ihe option to Jore~tose O~ RR\ A~(iPf !ll~~l~ !lPMIlIK~P~, AIN~ Q~~ SIfC~ Nt1yf11PR~3 S~10~~ ~~PO~ Ifl~P~P31 lTOIII OAtP f~P~PO' Ot f~P ~It~/1PSI IAW- ~u~ ?~fe Il~~n n~~ou~rt~ ~ry I?ie ~au~s u( t1~~ ~lat~ u( F'~ori~a. nuy s~im u( monev ~i~rein re(Prr~ to I,p nof ~~romplly pai~ u~il~~in -30- t~ays next a~ier flip saruo becomec ~Iu~. or iJ earl~ and enery Il~e Q(~IPPh1Pli~5. SII~)UIQIIO~IS. fO/lAilions and rorenants o~ said IIO~P Q/I~ ~hIS mort~~n~~e. or PI~RPf. nrp tt0~ ~lllly per~orniPrl. c-ompliec~ U~I~II Qf1(i Q~itiP~ ~Y. ~~P/I ~1IP Pt1~liP sum m~nlion~cl in soid nof~, antl tl~is mort~ag~, or f/~p entirf~ ~~nlance u~pnid thpreon, sh~~~ (orthu~ifh or 1{~ereaf ter. ~t 1h~ opfiori o~ f~~e morlryage~. ~~com~ an~ tiP dur anc~ papable, anyf~ing in saicj nate or RPlPtR fo I~e ~onlrnn nohrifl~slan~ing. I'aiG~r~ ~~y t~e morfgagPp lu PXP/Y'ISP any oj fhe ri,qhts or opfions ~erein nf'ODI~P(~ S'IQ~~ ?10~ ('l)IIS~I~Q~P A U~AII'P~ A~ Q?ly IIf~~~S O~ O~~IAII< un~Ier SQ/~ IIO~P O~ ~~IS mortgage UCC/UPt~ O~ Il~ernaJl~r nci•ruinn- ~n ~~lll~s ~hereof~ th~ saicl morf~~~yor hns {~erPUnlo siqn~I onrl s~al~1 fhese presents fhn ~~o~ qr1r~ y~nr ~irsf a~~o~~e t!'f/I~PI1. ~I~hP~. SP ~P~ Q/l~ ~P~II•PfP 11 ~ PSPfICP O~: • ~ . - . . . . . _ - enry . Clayton' --1~-;, - . . . . - - - - - - _ _ . - . I~ =1 ~ ~ _ ~ - , _ - - - . - . - - - . . - - - - - - - . . . ~ 4 ~ ~ ST4TE UF FLnRIDA, ~ € Cc~[.'\'TY (1FST. LUCIE ~ I}IEREBY CERTIFY that on this day. be(orc mr. an ~ o[(i~er duly authoriz~ci in the State aforesaid and in the County aforesaid to tak~ acknowkd,qmenu, pcnonally appeared ~ HENRY H. CLAYTON ~ to m<• known to be the person described in and who ezecut~d th~ Lur~¢oinq instrument 3~ he acknow{edRtd ~ befor~ me that he exccuted the same. ~ t~'11:`ESS my hand and o[ficial stat in thc C:ounty and Statr last atoresaid t6is ZZSt day a ~ Nove~rber A. D. 19 75• e . : € ~ w 'f ..'t,c/ ~...~~,Ll._.~.~-• - ~ NOTARY PUBLIC, State of orida ~ ~~t z~ ; . : ~cEO at Large. ~ ST ~1;; :~i' f:A. ~ 7, = f,~, • is ~l~ My Commission Expires:, , ~ c: " .~<<~~ a^ t~~ . . . , . . . ` J~~ . ~ V ~ ~ i~ . . - ~ ~ i ' 4 b~~~~ _ ~1'p~ • 3 No~ z~ = ~ ~ 1 : 7 c~ ~ , • } ; .~~Y : ~ ~ - : . .t ~ t,.r - , ~ ti ~i~•; ` ~l~~Sil2 •rt4 t ~'•.,4-7 ~ ~ 3 " f =A.; d1.1 ,ry ~ ~ 1~`.`?~.~.:l+~''•`':~"__ ~ : ~•s ~ . • S r~ T==,•~'-~ ~ - I ~ '/lii.r 1?~r~nunr~rt prr~~m•rl by: 0 F' ~ ; i f ~a~:K ~~GE 1~7 i ~ i ,t~/,/.~ ; ; ~ 1 ! , ~ ~ ~ ~ _ ~ ' x 4 ~ a »L'~ ~ ~.v.£--~c -~r ~ . . . . .