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HomeMy WebLinkAbout0089 ~ i ~ ~rul sl~u1~ perjo~m, ~•amply u~ilh an~1 abi~r~ by ra~•ti ~nd ~rery f{~e a~rrentenfs, stipulalions, i-o?idilions and € flN~Pl101t~S (~IPlPUJ, pR(~ O~ ~~IIS mortyape. ~~l<'!1 ~hl! RIUf~I~(!(~P (IR(~ ~~P PS~Q~P ~IP?P~)y CIPQ+~. S/1Q~t fP0lB. de- ~ L li~rmin~ an~~ ~~n ~eu~~ nru~ ooi~~. ~ ~n~ t~~P morlyu~~ur ~u~n~~?y ~urt~~~~ i~ovenanls anc~ agrers to pay~prompl~y wfien c~ue tl~e prini•ipul ar~~ i~~leresl ~an~ ul~inr sums o~ money proi~i~Iecl (or tn saicl notP anc~ f~ts mortgage, o~ eilher. (o pay a~~ anc~ singu~ar 1~~~ faxc~s. assNSSmi>nfs, ~evies, ~ia~~i~ili~s, of~~iuafions, an~{ encumUrances ol every nafu~e on said pro- perlp; fo pptmiL e•ommil or su~(e~ no u~asl~•, impai~menl ur c~fferiorafio~ o~ saicl jar~cj or Ihe improvemenft Ilu~rnrn al a~ry tim~: !o lr~~p Ilu~ bui~~lin4~s nou~ or l~~rra(l~~r on sairl ~nru1 /e~Ily insured in o sum o~ noi ~ess ~h~n Thirty-four Thousand ~d Qa~j04 ($34~000.00) I)ollars i+? ce rompci~~V or <rn~pai+i~~s ac-~•e~pla~~~~ fo 1~~e mortgagee. fE~e po~icy or po~icies to ~~e he~c~ hy. and payu6le to, sai~ morf~~o~~~, an~ in 1{~P ~r~nl any sum of money ~ecomes pQya6~e hy virlue oJ auc~ insurance fhe morfr~nc~~~ SIIpII IIAI~P i{~~ rir~l~f to rei•eit~e ancl apply tF~e same to tl~e indebledness I~erehy securet~, accounting fo f~~e mortga~~o~ ~or ~uiy surp~us; fo pay a~~ rosfs, c•~iorge~, an~i expenses, incltu~ing Eatuyer s~ees ant~ til~e s~a?r~~~s. rnasona~~~y in~u?rec~ or p~i~~ ~>y 1~~~ mortgage~ l~PCQUSP o~ t~~e ~ai~ure oj f~ep r?iortga~or to prumpljy ~ an~ (u~~y ~-omp~y u~if{~ IJ~~ afp~ements, slipulations; conrlifions an~ t~oi~Pnants o~ saicl nofe an~ I~iis mortgnfle, ~ or rit~ier; fo p~r(orm, ~omply ~vifl~ pn~ a~irle by ~~•f~ anc~ Pl~Pfy I~IP agreements, slipu~alions, conditions ari~ cori~nanis set foril~ in sai~ nofe an~ (f~is morf~nge or eifher. ln the ~~~ent ttie morfgaQor ~ai~.t to pay u~~en rlue any far, asses~mi~nf. insuran~e p~em?um or ol~~~r srtni o~ mor~ey jwyafije hy i~irtue o~ snic, note nnc~ Ihis mortga{~e, or eif~~er, t~ie moriqag~~~ mcry pay lh~ sarn~, u~ilhaul woii~ing or n~~eclin~/ Itie option to ~orec(ose ~ or cu~y ollier ri~ll~f {~~rPein~I~r, arid oll sucl~ pnvmenls shall 6ear inferPSt from date tl~ercwJ af the liighesf ~au~ {~i~ r~l~ I~u~n a~~ou~e~~ ~~y f~~P l~u~s of I~ie $fat~ o~ F=~ori~~a. D` ai+y srrrn o~ ntonry ~iFrein relP?rn~I lo b~ ?io! promptly pnitl wil~~in 60 ~~ys nexf af fer f{~~ sant~ ~ecome~s ~~u~~, or i~ eacli an~ ri~ery fhn a~reemvnfs. slipu~alions. con~ifions an~l covPnants o~ s~i~ nofe nn~ I~~is mor/{~oq~. or ~it~er. are nof ~u~~y perJormec~. complie~ wit~ nnc~ atii~ec~ ~y. Ihen ({~e eniire sum menlionec~ i~i said nolP, and tl~is mortgape, or 11~e entire 6alance unpaicl fF~ercwn~stiall Jorfhwitl~ or Ihereajter, af f~~ oplion oJ IE~r morfgan~~. 6pcome aRC~ he due and paynble, anylhinfl in snic~ note or {~erein fo f{~~ confrary notu~it{istnnc~in~~. ~'ai~ur~ ~,y the morf~ag~~ to PXPI('lSP any o( f~e rig{~ts or options RPIPIR , ~)I+nl't/~Pt~ 5~I11~~ IIOt ('OI15~111~1P 4 ll'(1tl~Pr O~ Al1V PI()r7~5 O~ Ont10I15 !1lil~P~ SUICI ~70~P O~ IltiS morfgage 4CC/'t1Pt~ O~ I~~~ron(t~r ac~.ruing. Dn ~itness ~hereof~ Ilu~ saitl morfqagor I~as /iPmunfo si~~np~ and s~aletf (IiPSe presenls tl~p t~a~ oncl y~ar jirsl n{?o~~E• u~riften. _ ~ $igner~. s~a~~c~ an ~~~~ir~r~tl in l/ u r i ~ / rs~nc-~ o : . • : ' ~ ~ ~ ` i~ . . . - ~ ~ - - _ . . . . - - - - ' DORIS i~1. SHEItIIaAN ~ - ~ ~i~.- - . _ - . _ . _ . _ . ~ - - - . . . . . ~ . . ~ ~ ~ ~ ~ STATE OF FLORiDA, ~ C(lC\TY OF ST. LUCIE I}~ERF,BY CERTIPY ehat on this day, before mr, an otfi~cr duh• authorized in the Stau• aiorrsaid and in the County aforrsaid to tak~ acknowkdqments, p~rsonally appeatrd pp~s W. SHERIDAN, a single adult to m~• known to be~ th~• prrwn described in and who executed th~ for~¢oinq instrument and St1F! acknowkdqed bef~~rr rn~ that 8tle ~xccuted the same. ' l1"I7;1F.SS ?nc hand and official seal in th~• Countp and St.~tr last afor~said this 12Lh day of ~ MAR(.'~ n. ~ 9 .76 . C i~~ - ~ ~ 'OiARY PUBUC. S7ATE ot fLOR1DA d IARGE - ( Ii~ C011l~ISSION fXPIRES.OCt. 19. 1976 i ~u(kilO D) •W~tcliCifl 82(~kEfS ~fliYl.,lh:ll {~i0. 1 , _ ~ ' . ~ ' .~~U:i~lk/illr `~`'~`G 1 ~ ~i'f t : 4~,, . ~ • . ~~;:~Clf~~r:'-. : = u? : ca ~ ~ - - ~ 0 cr' - " ~ pVQ~~.. ~ C ~ r _ -:'~;s_ , r % L %liis /~ri/rrr~nnN Fr~-~rrrcl l!y: John Edgat Sherrard ~~~i,y ~tO~tC~ . ~1~/!I • P. 0. Box 4361 ~i ~ Ft. Pierce, Florida 33450 pA~ , - _ . - ' ~ ~ . - - - ~ d.