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HomeMy WebLinkAbout0095 ~n~l shnll p~~?(o?m. ~~umply toitl~ ~nd a6idP by ~tcl~ an~~ ~~oery t1~M ogrP~menls. slipulations. conditions and i CUI'Pfitl?1~5 (~IPIPU'. Qll/~ Oj ~~IIS mort{~alie. ~~Pfl ~~115 morlc~~{le QII~ ~~P PS~U~P h~re6y C~PQ~~. J~U~~ CPA1A. de- t , /erminP nntl I~e nul~ an~~ roi~~. ~ ~n~ I~~N murff~al~or ~~~n~6y (~ul~~~r c^o~~~narils on~ a~rees !o pay prompt~y when clue fl~e principal and infernsl an~~ ol~~~r ~ums oj moni~v provitle~~ ~or in saic, nofe artd fhis mu?Ignge, or eliher, fo pay a~~ nnd sinflular f~~~ tax~s. nssrss?~u~nls, ~evies. ~ia~?i~iii~s, o~~if~alic~ru. ant~ encumhronces oj every nalure on said pro- prNy: fo permil, i•ommif or su~~er no wnsle, impairmen! or c~eleriorafion o~ Jnic~ ~an~ or Ihe improvemenf~ t~u~n>i•n af any U~n~: lo {~i~~p II~r ~,ui~crin{Is ~wtv or ~i~rna~tar un saic~ ~anc~ ~ully insttretl in a sum o~ not ~esa ~ I ihan Thirty-eight Thousand and 00/100 ($38,000.00) Dollare in a~-ompany or com~~ur~i~•s a~c~pfa~~~e to I~~e morlgac~~~. Itie po~icy o? ~~tcies !o he hpld by, and paya6le fo, saicr morfgag~r, an~ in ihe ei~enl nrey sum o( mon~y 6PCOIftQE payaE~Ie f~y i~irtue o~ sucti ansurance Ihe mortHnf~ee shnll have tl~e ri~ht fo rM•ei~~e an~I npply Ihe same b tl~e inde6tedness hereby securec~, accounting fo f{~e morlya~~or Jor nny surp~us: fo ~y a~~ cosfs, c~~arges, ancr expenses, inclucling ~awyer~s JPPS an~ fil~e sean•I~~s, r~asonn~~~y in~~~?rnc~ or ~?ai~ {~y I~~e morfqas~ee hecniue oj ttie ~ai~ure oj !hP morlgagor lo prompf~y an~ ~u~~y comp~y u~if~i l~~e a~reements, slipulafions, con~~ifians an~ corenanis o~ saicr nofe anc~ ftiis morfpage. or ~il~~er: fo per~orm, c-omply «~itl~ ant~ ~6icle hy each an~~ ei+ery if~e ngreements: sfipu~afions, conc~itions and coi~~nanls set ~orl{~ in said nole ancr fhis morfgage or eilher. In i{~~ Fvent the mortgagor (ni~.t lo pay u+~en dllP AII~` IA\, l1SSPS5R1PIlI. I/ISU~q/1CP nlPII11IIR1 O~ OI~P~ Sf~11i u~ money payaE~~e ~>y virtue o~ sai~ nole an~ fhis • morf~a{~e, or pi/{~er, f~i~ morfc~a~~P may pav ftie sam~, u~ilhouf wnining or af je•clinc~ Ihe option to ~o~ec[ose - or any o11~er ri~~lit ?~~r~un~ler. an~~ al1 such paymenfs sliall 6ear interPSt (rom dafe tl~Preu~ AI ~I1P l~ighest Iau~- ~u~ ralr i~~~n n~~ou~e~~ ~~y f~~P ~ou~s o~ 1~~~ ~falP o~ f'~ori~~o. nny sum oJ monoy ~~Prnin ?e(~rrn~ fo f?e nof prompf~y paid u+ifhin 3~ ~ays nexl n(fer Il~~ sam~ 1?~com~s du~, or iJ e~cl~ and er~ry f{~~ ac~rpemNnts, slipulalions, i•onclifions and conenanls o) said nole nn~~ 1{eis m~rlrya~~~, or ~if~er, are not ~u~~y per~orn~ec~, comp~ie~ wit~ anc~ a~i~e~ tiy, then fhp enfire sum meretio~e~cl in said nof~, ancl this moifgage, or th e enfire balnnce unpaicl thprtwn, sl~a~l ~orfhwith or flierea~ter, at f~~~ oplion o~ f~~~ morlgng~~, become anc~ ~,p clue an~I payable, anyftiing in saic~ note or {~erein to t~~~ t-onfr~r~ rwtu~it~~sfan~~inp. ~'ai~ure ~~y I~~e morft~at~ep fo exprcise any oJ ihe rif~~l3 or opfions herein prori~i~ s~~a~~ not consfituf~ ~ u~aie~~r o~ any rig+~ts or oplions tu~~P~ saic~ nofP or t~is morlgage acc?ue~~ ur I~~e?~ajl~? ac-cruing. ~ I ~ ~n ~~~~5 ~hereof~ f~u• sai~I mo?lyaqor ~~ns Iipr~unfo signv~ (1?1(I SPAIP~ Iliese prpsenls fhP c~ay un~~ y~~ar Jirsf atiori~ u~rillen. Sit~~~~~~. sea~~•~~ an~ r~ ~ir~r~t~ in 1~~ ~.~5~~.~~~. / f-, ~ ~dC~ - ~ ~!.~~',~t`~'1'f~~r.CG.:`--- - - . - . . ~ ~ ~ M. Hctn~nALD . . . . . . '~n _ - . - . . . - ~ ' - - . - . . . - - . . _ . - - - - ; . . . . _ _ _ - - - ~ . _ . _ _ _ . . . . - ; , - ~ Ft I E t STATE OF FLORiDA, ~ ~ c~~ ~TV c ~F ST . LUCIE ~ ~ I HEREBY CERTIFY that on this day~ before me, an ~ o((icer duly authorizPd in the Statr aforesaid and in the County afon•said to takr acknowledQm~nts, p~nonally appeared Renneth M. McDonald and Janet S. McDonald, his wife ~ to me known to be th~ prrsonS described in and who eaecut~d th~ fore¢einq instrument and they acknowledged ~ befom rnc that theyez~cuted tht same. • ; t~+ j ~ ~~'il ~f.SS ma• hand and offirial seal in th~• County and St:+t~• last aforesaid this ~S " day of . I"Iarch :1. D_ 19 76 ~ ~ , ~ ! ..i~., ' ,y ~ ,i! ~ ,.i,, f . \L`--~!`-="~ ~ I . - • - - - _ ~ - , ~ ~ ; NOTAIK. Nl . AATE of FIrORIDA at lJ1RGE e 'e~ ~ ~ ~ A ` MY l'AMMtSSION EXPIRES OCT. 19. 1916 ~C ~ rj I_ ~londed By American Wnkus Insutaaa Co. ~ - p y ~ _ ~ , 0 ~ ~ ~:~aY~.•:~''" ~ ~ ~=,;~q'JEO .,~j,~•: ~ O,• _ F~ti f0 aK v~,~~j`i fU r \ l UC ?S ~ L , ST.L ~E~ ~~at 1:„ ¢~K ~;-,~~1~ ~ ~ RE~~,,, ycfiti' if0 ' - A1'~ ~6 ~ M~ la P,a ~ 77i~:c /irs~rrm~nd pn~nr«I l+y: JOHN EDGAR SHERRARD 32C~C~''71- 2 ~ ,1~/~/r~xs 131 North Second Street ` ; r~ 209 Raulerson Building ~,1 T~ : ~ Fort Pierce, Florida 33450 E::; ~L~ ~ ; . ~ ~ ~ ~ _ - " ~ ~ - ~ : ~i .~x_LL~~,_v. ~-s~-