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HomeMy WebLinkAbout0321 s1~a~~ pe?~orm~ comp~y u~ifh and nbi~. 6y eoc~ and ei~ery f~s ugnomenit, •lipu~allona, conditions and rn~~enonts Ihereo/, orul oj this n~ortgoge, IRen II~U malgage and the eatals herebr cnatvcl, shall ceaas, d~- Iermine and be nu~l arul uold. ~ IhP morfga~o? tiernby ~urtf?e? couennnli and agrees !o pay prrrnpllr wl~en clue Iti• p?inclpa~ ond inferPSt and olher aums o~ moner provlded jor in said nofs ond l~ia morlgage, or eill~er: to pay a~~ and singu~ar fhe taxps, assessmenls, ~evivs. Ilu6~Iitlva, ob~igollont, nnd ~nccunbrancea o~ eve?y ~alurs on iatd pro- pe~ty: to {~rmti, commlt or su(~e~ no wasfe, impatrmen! o? d~ttrtornfion o~ snid ~and or 11~e improvemenb 11~ereon af any fime: fo 4etp fhe tiuildingt ~ow or he~waJfer on sntd lond Ju~~y tn~u?ed in a aum o( not ~eai ~han Six Thousand Five Hundred and no/100------------------------ tn a cornpany or companies accepta6lo to Ihe rnortgaest, ths polic7r or policies to 6e held by, nnd ~ynbl~ to, said morl9ugne. a?ur in fho ~wn! ony :wn o~ n~on~y beeomoa parabb by vtrtue o~ such i~uurance t~e mortgaeee shall have ~ke ?!eh! to receive nnd npply the same to 16e tndebtednssi I~ere6y secured, aceounting to ttie mortgagor jor any turp~w: io ?~y all rose,, ctiarges, und expenaps. tnc~udi~g ~uwyeri feea nne~ Itt~e sparrl~ns. ?pasonably incu..ed w~~d br tka morigages ~caws oi Iho ~ai~ure o~ fhe morfgagor to prompt~y ancl (u~~y comp~y wilti fhe aA?eemenf~, ifipu~uftont, c~onc~itEont and covenanls o~ said nofe ancr t~is ntorlgage. or pither; fo perjorm, rnmply with and abidf by each and every t~e agrea~nenl~, stipu~aHont. condifions and co~~enanls sel (wt~ in said notQ und itita mortgage or eilher. In ftie event !he morlgago~ (ai~s to pny w/~en due anr tax, nssess?nent, insuranc~e p?emium or ofher sum oj ~,o~e~? ~ra6[~ 6y virtue oj said note and Ihis mortgagr, or eifher, fhe morfgogee may par ttie iame, wifhout waiving or uf;ecling !he optlon to ~orec~ose w any otl~e~ rtpF~t l~ereunder, and all suc1~ paymentt shaU bear inte?est /wm dote thereoj at Ike I~igl~est law- (ul rate then allou~ed by tl~e lawi o~ tl~e State o~ Flortda. ~l any sum o( money tierein re~e~ fo de nof pronipl~y pnid u~if~in 10 c~apa next nffer ttie aame f~ecome~ due, or i( eacti and et~ery ftie agreemenb, slipu~alions. rnndtlions and covenanft oj said nofe anc~ fhis ~norfgagp. or eitker, are not luUr par(ormed, comp~iec~ wil~ ~and a6tded 6y. I~en fke entire sun~ menllo~ed in iaid note, and t1~ia mo?tgage, or fl~e enfir+e 6alune~ unpaid Ikerron, sl~all (orthwith or f~erea(ler. af f~e oplion o~ itie motfgagee. 6ec~ome and be due and pa~w6le, anyltiing in ratd note w~e?ein . to ftie conlrary notwil~sfanding. Fai~u?e 6y t~e mortgage~ fo exerri~e anr o( Ike rig~ifs or options herein prot~i~Iecj stia~~ nof conslifute a u~aiver of any rig~fs o? opfions under snic~ nofp o~ ttiis mwtgage nccrued or Itierea~ler acrruing- ~n ~~D`~ fl~e sutd nwrtpagor has tiereunto siqned und spaled Iheie presenfs the day an~ yPar ~irst a~?one u~riflen. Signed, spaled ancl de~i~t~~d-fr~ fhe prasencv ~o~: ~ ~ r~ ? . . - ~ , , , _ - ~i _ . " ~ / 1` , . ....`'~j ~ - ~ - ~ . . ~ - - - - - . . ~/,li ~i,, b, ~ - .(.~~1-~~--._ - - -/'~_~.!~fl._----- _ . _ Q~ ~ - - - ~ I . . ~ STATE OF FLORIDA, ~ cou~~rv oF St. Lucie I HEREBY CERTIFY that on ehis day. beforc me, an o(ficer duly authorized in the Statt a(orcsaid and in the County afor~said to tak~ acknowledSments~ penonally appeued Charlie B. Matthews and Ethel M. Matthews, his wife to m~ known to b~ the penonS described in and who executed the (or~qoing instrument and they acknowledRed before me chat theY executed the same. WITI`ESS my hand and otficial seal in the Cou~ty and State last aforesaid this ZStYl d1r o~ March A. D. 19 77 , . FIt,Eu AN~ RECO^~:C ~ .~C.~~.. ..~--~:,.....r.--•----- SL ~UCIE ~OUNTt" fll. , . f10~_A F~I~RAS _<r , , ..rCG'AT•iA~ CIERK EIt±CWT C~UK' ~ -7t~,^' ~ . ° RFCOkC VERIFIED~~~¦~~~~~~.:~.~ ~:nv : f ' fi.: i~%7~ • . : . f r; : ~s)~{r! t't~,,ti~,8~ a~- a 3 ~ a PH ~~l - = ~,,.t . ~ 5~ ' ~ ~ l7~u I,uina~rc,~i p,~ pn~ra by: . AJJnu ''4? ~t~~~ 2~ ~ 32i