HomeMy WebLinkAbout0884 on~ shall p~r~orm, i•omply u~ifh O/1~ QhICIP ~~1 PafI1 and euery ftie agrPemenls, ttipu~attonh, co~diflons n?ed
rn~~cnanls the?eo~. and o( I?~ts mo?tga~~e, Il~en Il~is mo?tgapp and !he estate here6y npated. r1~all ceate, de-
fe?mine ~etc~ ~x nu~~ an~ noi~. -
fhP morfga~o~ ~ie~edy f url~u~ covPUants and ag?ees to pay prumptly when due the principal and
inleresl and of~~er sums of money pronicrei~ ~or in said nole and Itiis mo~fgage, or eil~er; lo pay a~~ nnd
singu~ar Itie lares, assessinenls, IPUlPS. ~labi~ifies, oti~igalions, anc~ e~cumbronces o~ every nafure on said pro-
perfy; lo pennil. commif or su(~Pr no u~asle, impairmenf or deferiomfion o~ aaid land or the improvemenb
thNrncn at a~~y limc~; fo ~PPp I~IP buildin~s notn o~ herna~tM or~ said land (ully instued in a sum o( nol less
itiQn Thirty-four ~ousand and ao/100 Dollars
tn a compony or companies aert~pla~~ to f~e mortpaf~ee, I~s po~Icy o~ po~tcies fo 6e I~eld 6y, and puya6le
fo, sai~ morfnagee, an~ in f~e evenl any sum of mo~~ey ~ecomet ~xiya6k by vtrtue o~ sucti insumnce f~e
mo?Igag~e shall ha~~e ttie rigRt to rrrPive ond apply tl~e same to 16e indebtedneu F~ere6y sc~cured, accounting
1o Ih~ morfc~a~or (or any surp~us: !o pay a~~ cusfs, cha?ges, anc~ expenses, Inc~uding ~uwyer
t~ees and fif~e
sParc~rs, s€~s:zr,r.~:~y en~u?rw~ or pai~ tiy 1~~e mo~f~agee ~cause oJ ttie jai~tur o~ IhP morfgagor to promptly
an~ fully comply u~ill~ IhP a~reements, slipu~ations. con~itions ancl co~~ants o( snic~ nofe a?tc~ I~ia morlguge.
Or eill~er; fo perjorm, comply u~ifh and a6ide 6p eacl~ and ri~ery tRe agreemenfs, sftpu~ations, conc~ifioru nntj
coi~~nanls set ~orlti in saia nofp antj l~is mo?fgage or eilhe?. In i~e rvenl the morfgagor (ai~s fo pay u~~en
clue any tax, assessm~nf, insuran~-p premium or olher sum of ~?,o~~ey ~ya6l~ by t~irlue o~ sater nofe anc~ ftiis
morfgagp, or eil~~er, Ihe morl~~a~e~ may pay Ihp samw. u~itl~ouf wniving or a~Jecfing fhe opfion fo forpc~ose
or any ol~er rigl~l I~r~FUncIPr, and al1 suci~ paymenfs shall 6e~~ intrnsl (rom datp II1PM0~ A~ t~P ~I~hPJI IQU~-
f I1~ M~P IIIPII [l~~AIPCI~ ~V ~~1P ~a1PS O~ ~IIP SIQIP O' ~~Orl(~Q. _
nuy sum o~ inon~v ~~er~in re~e?re~ lo be no1 promptly paid wilhin 9~ crays ~ext after
ihe samn be~com~c dup, or ij eaci~ ancl erery Ihe aryreemPnls, stipulaiions. conditions and covenants o~ said
note and this m~rl~~a~~P, or eill~er, ~?e nol f ully perJorntec~, t~omplie~l wil1~ and abided 6y. tl~pn IhP en~i~
sum m~nlionerl in said riofe, dnd tF~is morf{~age, or 1hp entire 6alance unpai~I tl~ereon, sl~a~l forfhu~ith or
1{~ereafler, at Ih~ oplion o~ tl~e mortgagec. 6ecome an~I E~ due nnd paya6ls, anything in saicl note or ~erein
fo tti~ contrary nohviltislanding. FaiG~r~ E~y morfgagre fo exe?rise any o~ f~e rigtits or opfions {~erein
pro~•i~e~~ stia~~ nof co~iclifufp a u~ai~~e~ o( any ric~tits or oplions unc~er snic~ notp or fhis mortgage acnue~~ or
fl~ernajf~r acc-n~ing.
~n ~itness ~hereof~ 11~~ snid motfgo4or {~ns I~prpunlo si,yn~I an~I sealerl fl~ese presPnis t{~p
c~ay an~ y~ar ~irsl a~o~~e toriHPn. .
$ignat~. sea~ an~ ~e~ir~rPtr i~ fti~ pr~s~>nc f:
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B~
]:ILY L . GUSON
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' FRANCES 1~i. FERGU
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i STATE OF FL(~RIDA,
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~ COL tiTY c~F ST. LUCIE
t
I HEREBY CERTIFY that on this day, be(ore me, an
o(ticer dulg authorized in the Stat~ a(oresaid and in the County aforrsaid to tak~ acknowkdqments, personally appeared
~ BILLY L. FERGUSON and FRANCES W. FERGUSON, his wife
to me known to be the prrson S describcd in and who exccuted the (orceo~nq instrume~t and they acknowkdRed
~ beforc me that they ~x~cuted the samc.
N'17~1ES5 my hand and of(icial seal in thr (:ounty and State last aforesaid this ~,Q~ day of
s~ A. D. 19 7~
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~ Ilo:ery rvblK, sr.!~ e/ ?1~~;do at lo.gs
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~ 1~~(~c~ KV+~ Id1 Cortrn~stion Expires Apr~l S. 19E0
~ t]L40 ~yiY F4?-
~ ;l, a Gy~ ~'P tt~?~ pt Do+~ded br Amcrican Fire 6 C ry Co.
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~ E-_; 25 ~~-~~s~~=~~~~~ ~
~ 884 ~:-.,,,.,t:~~,,~,~~~~'
~ ~I//S IiISI/1Nl/f!J/ f1fif?Yl/!''I/ by: John Edgar Sherrard
~ ~~~~~~R.,~ Post Office Box 4361
Fort Pierce, Florida 33450
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