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HomeMy WebLinkAbout0946 , , f ~ and ahall per/orm, comply wi11~ nnd abide 6y eoch and e~~ery Il~s agreement~, sfipulattons, condittona and covenants thereo~, and o/ Ihis mortga9e, ~hen this mo?tgaga and tl~e eitate I~ere6y created, sholl ceais, d~- 1e~mine and 6e null and uoid. ~hp mortgaflor hen+by (ur~l~er rnuenonta and ogrees to pay promplly when due l1~~ p~inctpa! and tnferesl and other sums o~ money prouic~ecj ~or In snic~ note anc~ Ihla mortgage, or eit~er; to pay a~~ and singu~nr fhe taxes, nssessment:, ~eutea. IIa6tlitlvs, o~Itgnftons, a~d encumbrancei o/ every naltw on iatal pro- perfy: fo permit, commjt or suj~er no watte. lmpni?menl or. dete?~o?qtion oj aai~ iand or Ihe improvements fhereon at any fime; to kepp the 6uildtnga now or he?aa~ter on anid land fuUy inau~I tn a:un~ o~ not ~eai ~han Eight Thousand Five Hundred and no/100--------------------- in a company or compnnies ooeeptab~e to Itie mo?tgagee, the po~tcp o~ polictes to be tie~ by, and pnyad~e to, said mortgagee, and tn tha evant any sum o/ moner becomei ~ya61~ 6y vi?~ue o/ auch insumnce tke morlgagee sl~nll have the rtARt to receive und apply the snme to t/~e tnde6e@dne:~ l~e.~6r :~d, acoounttnA fo the mortgngor ~or any surplus: to pay a~~ eosta, ctiarges, and expenaes, tnc~udtng ~awyer s f ees n?u~ fif~e sea?r{~es, reasonnb~y tncu?red or ~.~d by the mo~9~~ becnuse oj f~~ lai~uro o~ fhe mortgngw !o prompt~r and jully comply wifh ff~e apreements, attpu~nttons, c~ontJitions and covenanfs oJ :atd nore ~d t6t~ ~oreg~e. . or eilher: to per/orm, comply wtth a?ed a6tde 6y each and e~ry tl~e ag?e~rnenb, sttpulations, rnndiitons nnd covenunlt set Jort1~ In said note nnd lhts mortgage or either. In the suent the mo?tgngor jai4 to pay w1~en due nny tux, assesament, insurance premium or other sum of ~+o~ey paya6[~ 6y virtue of said note and thts mortgage, or eifher, t~e morfgages may pay ttie same, wif~out waioing or n~~ecting tl~e option to ~or¢c~oae or any ot6er riql~t hereunder, and aIl aucli payrnenb ahall 6ear interest /rom date tl~ereoj a! the htghest lau~- (u~ rafe then nllowed by tl~e lawt of the Stafe o/ Floricra. ~ f thirty anq sum o~ money ~erein rnf erred l0 6e not prompt~y paid within days next ajfe? ftie same becomes due, or i~ eacti anc~ e~ery ftie agreemenf:, stipu~ations, condifions anc~ covennnb of snid note nnd il~is mortgage, or etther, are not Jully per(ormed, complied mitl~,•and a6ided by, t1~en the entt?e ~ aum mentioned in aaid note, nnd tl?is mortgage, or the entir+e 6alnnct unpaid t6erron, shall Jorll~wit6 or ~ therenfter, at the opfion o~ fhe neortgagee, b~~ ~d 6e d~ ~d ~~a61~, anyf~ing in said note or he~ein ; fo t?~e conlrary notwitlutanding. Failure 6y t6e mortgogeQ to exencise any of tke rig~fs or opftons herein # provided s{~n~~ not nonstifute n u~aiver o~ anr rigl~ls or options under snid note or f6ia rnortgnge accrued or ~ 's therea(ter accruinp. ~ . ( ~n ~~tness ~hereof~ !~e sald moNgagor tias tiereunfo sfgned and sea~ these preaenfs ttie t day and yeur f irst a6ove writlen. Signed, sealed and deliuered in tl~e Rresenco of : ~ -y~ ~ ..._-._V~~---~-- , --X ...~»s->«rt-r ~ • ' . --1~~.~.Q.---- - F ? ; - ~ ; , ; ~ ~ , , . , i ~ ~ 3 ~ STATE OF FLORIDA. ' COUNTY OF ~ ~ St. Lueie I HEREBY CERTIFY that on this day~ belore me. an ~ officer duly authoriud in the Stau atonuid and in the County a(oresaid to take acknowled3menb~ pertoaaU~r appeared ; Marvin E. Melton and_Victoria W. Melton, his wife $ to m~ tnown to bc the non S descr'bed in and who executed the torc oin instrument ana j ; a s s they ~~t~•~a~ ~ before me that they executed the same. ~ - ; VtiIThESS my hand and official seal io the County and State last atoresaid this '~th dar d ~ J une A. D. 19 7 6 : : ; - ....C~~{~~..._ ~~f.'lJ.~........-- € ; ) ~ 33~82i NOTARY PU3!!r S`AT[ FIOR~DA AT IARGE ; i F~~ 11M_ EGai~ ~ tIV C-i-~: y"~~:~`i ~'%i'2~5 NOV, 5. ~9?7 . ; tl E=:;di{Nj~• fIlEO ANC` k[~ORD r.~~_ ~ ' ~niT S, aT. WCiE COUM~r F~A • e- = TH2U C=`:_F i:+~uRr,NC~'u~o~sw~irerts ~ ' •CE R t::cUtk R ROCEt PpiTReg ' L • ; it A u _ +?,;e ~ ~~EREF U:i CCUR - : ~ " • ` ' ~E~ ~ _ . ~ E ~ 2 s9 PM'~~ . . , , . f ~ ~ Tl~u liu~n~nta~t papnad Ly: , ' ! ~ < < AJdrr~r c~ ~ ~ ~ 1 ~~J F'.~;E ~7'~J 1 : ~ 7-- , ~ _ ~ . . ~ . z~-~