HomeMy WebLinkAbout0447 und ~I~all per(orm, cumply u~i~ti and a6ids 6ji ~pocl~ nnd ~oery t?~s agnementi, •tlpulotiori~, condiNona and ~
conenanls t{~P?~o(. nnd o~ this murf{~as~p. II~n?~ this mwt~ope and tl~~ ealal~ h.r~by cnolpcl, shall cewe, de- ~
1~?mine and Le null au~1 i~?i~l. ~
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ii~ 1{~a morlgapor hrn~by ~urfher covenanfi und agree~ fo pay prompl~y when dus Ihs prtncipal and
tnte?psl and olhP~ sums o~ mortPy prot~ic~etl (or in inl~ nofe nnd I~it morigage, or etfher: fo pay a~~ and
sinflula~ the IAXPS, assessm~nfs, ~p~~ie~, ~latit~ilies. of~~l~allons, und encumbroncss of evvry nafurs on aaid pro-
pprly; to ~~r?mif, c-ommit or su(~er ?~o u~a:tP, impairmei~f or ~eferioralion oj sai~ ~anc~ or f~e Impwvemenfa
tl~pre~~n al ony fimp: lo frr~p thP buildinns ~~uu• or I~erPa(t~r on .~id lan.l (ully [naur~ 1n a:um o( ~ot less
~han highest insurable v31ue
in a comp~ny or com?wnies ucerpla~~~e to thp morfgag~e. Ihe po~icy or po~iciea !o ~,e tie~~ 6y, an~ pnyab~e
fo, taic~ mortpnqer, an~ in Ihe ~~~P~I any sum o~ money ~ecomes ~ya6l~ 6y virfue o~ tuck tnturance fti~
moMgagre sl~a~~ ha~~e tl~e ri~l~t fo re~-p1i~p and apply the same to Ihe tnde6letlne~s I~ereby secure~l, accounttng
!o I~e morfga{~or for any surp~us: fo pay a~~ costs, ctiarges, ancl expensPa, inc~uding ~nwy~~s ~ees ant~ !lf~e
searcties, reasona~,~y incune~ o? pai~ hy f{~e morfgagee 6eca~ut o~ f{~e jni~ure o~ ftie morfgagor to prompf~y
nnd ~u~~y c-omp~y u~il~~ Ihe ag~e~menfs, stipulalioni, con~ilioru an~I t~ovenanls o( said note and Il~i~ mortgog~,
or etfher: fo Nerfo?m, romply u~if{~ anrl a6i~le 6y each an~ CVPIy I~P agreemenfs, stipu~alions, rnndiliona anc~
rnt~enanl: set jorf~ in sai~ note anc~ this morfgage or eilher_ ~n Itie evpnf fhe moefgagor ~ai~s fo pay when
due nny tax, asspssm~nt, insumnce premium or ofl~er sum oJ money paya6le 6y ~irlue o~ saicr nole and t~fs
mwlgagp. o~ pifE~er, fhe morfgngee may puy Itie sam~, u~ithouf u~aiving or a(~ecfing ftie opfion !o forec~ose
w ony olher righl hpreunc~er, nnd all suc/~ payments shall bear interett ~rom dafe tl~ereof at the I~ighest ~aw-
f l~~ M~P fhnn ~~~OIUCH~ (~V ~~P ~OUH O' ~~P ~~A~p O' I'~0I1~a.
any sum oJ mon~y I~prein re'Pf'TP~ IO be nof prompl~y paic~ wifhin ttl~l1°ty t~ays next a~ter
f~e aamp he~-omps c~uP, or i~ each Qll~ Pl~Pfy I~P Q~fPPI11PlIIS, stipulations. conditions ane~ couenants o( said
note and fhi~ murfgnf~p, or either, ar~ not Jully pe?~ormed, complied witl~ and a6~dpd 6y. Ihen ll~e enliro
sum mentioned en said nolP, and this morlgage, or Ihe entire balance unpnid Ihereon, shall /ort6witl~ or
fhereaf fer, af I~e oplion o~ f{~p morl~agpp. f,ecomP and be due and payn6le, anyf~ing in said nofe or {~erein
fo ttie confrory nolu~ifRsfuncling. Failure 6y t~e morfgag~ to e.rerrise any o~ t~e rtg~fs or opftons ~e~+eln
proniae~ sha~~ not cunslifute a u~aioer o~ any rights or options under sai~ nole or Ihis morfgage accrued or
l~erea(!~~ arcruing.
~n ~~~Il~ ~~~l~ tl~e sai~ morigngor has I~erpunfo si~nec~ and sealeKl these presenis t1~e
t~ay an~ year (irs! atione u~rillen. .
$I seq~ea an~ ~e~iyere~ in:~p pr~spncp ol:
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--~RNE$'~INE~I. ~ ~PIERS
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STATE OF FLORIDA, ~
COUNTY OF St. Lucie ~
I HEREBY CERTIFY chac oa tt~i~ day. before me. an
of(icer duly authorized in the State nforesaid and in the County aforesaid to take acknowkdamenu~ penonally appeared
KENNETH L. SPIERS and ERNESTINE M. SPIERS, his wife
W me known to be the penon 3 descn'bed in and who executed the [oregoing initrument and Wh0 acknowkdsed
before me. that they ezecuted the ume.
WI77VESS my hand and o((iciat uat in the County and Sutc lasc aforeuid thu /O dar of
December A. D. 19 76.
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Notary Public
Nohry Pi51;c, State of Fiorida at Carge,
~ 1'~}I CoIDmissioA~XQ~~,~~, Expi?es Sc
• : , : , M. 1, 1977.
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rnu l,w~,~ p,~~,~a by: ~
Addrrsr ~ FACE ~4 ~ ~~9 .
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