HomeMy WebLinkAbout0034 and~shall per/orm, comply u~ith and a6tde 6y e~ach ond e~~ery 11?e agreements, slipula~iona, condifiona nnd
rnre~anls ff~ereo/, and oJ Ihis morfgage, tl~en ihis mo?Igage and the eitale l~p.e6y cnated, ahaU cease, ds-
IP?mine an~I he ~uII anc~ voic~.
Tln~ ttie morfgaflo~ tier~•by (urt~et covenanlt and ogrre~ to pay prompt~y u?hpn due the principul and
infernst and ol{~e~ sum~ o~ money provtdec~ ~or in said nole a~c~ fhit morfgage, o~ eifher; to pay a~~ and
sinflu~nr fhe lnxes, assessmenfs, ~evtet, ~tabi~ifiea, ob~igafions, nnd encumbronces o~ every nafure on saic~ pro-
perly: to permit, c-ommll or suf
jer no u~asfe. impairmenf or detertor+afion o~ sat~ ~and or Ihe tlhprovemenis
fhernon nt ~ny time; fo Ireep Ihe buildings noui.~or he~rajtpr on said land jully insured in a sum o( not less
~?~an FIVE THOUSAND SEVEN HUNDRED SIXTY TWO AND---40/100--------
in a company• or compantes accepta6le to tke mortgagee, the po~tcy or policiea l0 6e held by, and paya6le
to, said mortga~ee, and in ll~e event nny su~t oj money 6ecomea ~ya6[~ 6y virtue o( suck insurnnce the
mortgngee shall have 1f~e rigl~t lo receive and apply the same to tl~e t~debtedness I~ere6y secured, accounting
fo fhe morlgagor ~o~ any surp~ua: ~o ~y all ~o:~,, ctiarges, and earpe~ses, incl~u~ing .Iawyar~s ~ees anc~ tit~e
searcl~~s. reusona6ly incurre~ or paid by fhe r?torfgagee because o~ (~e fai~ure o~ fhe mostgngor to prompl~y -
an~, ~u~~y comp~y wifh the agreements, stipu~afions, conditions nnd covenants o) soid note and this mortgage,
or eitti~r; to pPr~orm, comply witlt and abide by eacli and euery ttie ag?eemenfs, stipu~ations, conditions nnd -
coi~enants set ~ort1~ in said nofe and Il~is mortgage or eifl~er. In tl~e euenf tF~e mortgagor ~aiLt to pay w1~en
due any tax, assessmenf. insurance p~emium or otl~er sum oj money payn6le 6y virtue o/ said note and this
morlgage, or eit~er, Itie mor~gagee may pny fhe same, wifhouf waiuing or a~(ecting the oplion to ~orec~ose
or any o1F~er riql~f {~ereunder, antl ol~ sucli paymenfs sl~n~I bear inlerest /rom date thereof at the I~igl~est ~au~-
(u~ rnte Ihen allowecl by fhe ~aws o~ 11~e Sfate o~ F~orit~a.
~any sum oj money herein re~erre~ fo be not prompt~y paid -wittiin Ten ~ays next aJler
t{~e same 6ei-omes due, or i( eacf~ and ei?ery tl~e agreements, stipulations, condilions and covenanls oj said
note and fhis mortpage, or eitl?er, nre not (ully per/ormed, complied u~ith •and a6~d~ 6y, ll~en fl~e entire
sum menlioned in aaid note, and 11~is mwlgage, or the entire 6alance unpaid fher+non, sl~all /oMl~wilh or
tl~ereajter, at ftie option oJ the mortgagee, 6ecome and 6e due and ~ya6l~, anytl~i~g in snid note or I~erein
fo !~e contrary nofwiltisfancring. Fai~ure tiy tke mortgagee to exercise any o~ !~e rig~ts or opfions ~erein
~ pronicje~ s~+a~~ nof consfihde a u~aiver oj any rig~ts or options under saic~ nofe or t~ii mortgage accnied or
I~r?eaJter accruing.
~n ~~~0`~ Il~e said rrtortgngor 1~as f~ereunfo signecr and spaled these presenls tl~e
day and yeur ~irst ahove uniften_
Signed, sea~ed ant~ delinerpd in fhe presence
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STATE OF FLORIDA. ~
CoU1v1'v oF St~. Luc ie
I HEREBY CERTIFY that on this day~ beforc me, an
o((icer duly authorized in the Stat~ a(oresaid and in the County a[oresaid to tak~ aclcnowkdqments, penonally appearcd
ELIESE COOLEY
to me known to br the person described in and who executed the tor~qoing instrument and S~le acknowledqed
be(ore me that 3}1e cxccuted the same.
~4ITNESS my hand and o(ficial seal in the County and State last a(oresaid this 20th day o(
April A. D. 1977 ~ ~ ~ ~
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No r : ~
d~~1Ct,+
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. _~Jr, IIDTARY K~!!IC S*ATF OF F1pRlpA-/R1.1/IR(~ .
~a~ MY CONwdSS~cxv EXPIRES AuG 3019dp• • ~,ti
~`L~~ ~RE~~~. ~ ~Or~tDED i?~iw c,Er~ERA~ ~NS UHOERwR1rER~ ~1
~j• C~pC01T ~
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I%is h~s~ninrcn~ prrpnir~/ by: Shi r le y J'. Mc Swa in
First National Bank of Fort Pierce -
Post Office Box 970 t
Fort Pierce, Florida 33450 ~ 7~