HomeMy WebLinkAbout0474 ond al~all p.r/o.m. oanp[y wtel~ a~d abid• by .~l~ a.~d .w~ ~...~a. ,e~~louo~+,. ~ao~. o~d
oa•tnanb therool. nnd o~ t~ia nwrtgap~. f~~n tf~la n~wlga~~ ur~ t~ ~atat~ h.~.br crrat~. o~cu~.
b?~m~~e and I~ m~ll and uotd.
~ el~e na~egago. hernby (urelur oow~ana and a~n~. eo par w~omplly wl?.i? dw th. prtnctpn! nnd
~nter,eal and ofher sw~u o~ enoney provided jor !n satd not~ and t1~b ino?tgop~, or Nth~; to pay au and
atngu~ar t6e luxes. aasessment~. ~sv[es. ~tab~utiei. obugattons. and ~ncumbnannt o~ ~v~r natun on said pro-
peNy: to penr~if, commit or su~f
er no waite, i~npairment or detertor~ntton o~ aalc~ ~and or t~ lmprown~tnb
tl~~necn at any fime; to Ireep t6e butldtngs now or herra~ter on anid innd (uUy intiu+ed !n a swn o~ not ~eaa
tl~an NIL "
tn a rnenpany or c~ompanies uecepta6le to fhe mortgngee. t~t po~tcq or po~lciet to 6~ heW 6y. and po~~
!o. mtd rnortgogee. nnc~ in t1~e euenf any sum o( nioney be~.~omea Pnra6b 6y ~trew bj auck lnaur+anc~ t~
mortgagee skall kave tl~e right to receiue and npply !he :am~ to tk~ indt6tedrtesi ker~by aecuntd. ~ow.ei~
to t~e morfgagor ~or any surplus: to pay aU owb. c%argei. nnd expenaea. inc~uding ~auryer s~e~s and Nt~e
•earches, reaso~a6ly tncu?red w patd by the nwrtgagee becauss oj tke (ai~ure o~ t~e mortgogor to prompt~y
antj (u~~y eomp~y with !~e agreemenb, ~tfpu~nt[ona, c~ondifiatt nnc~ c~ovenanft o~ satd note and i~L alortgaet.
or eit~er fo per~orne, romPly wie6 a?~d n6tde 6y ~ a?~d every !~e ag?eernenb. stipu~ntton~. oondtflont and
c~ouenanta sef ~ort1~ in satd note nnd thb mortgage w eit~n. In t/~a eoent f~w n?ortgagor ~ai~s to pay uw~?~n
~ due any tnx, asseument, insurance premiwn or ot/~er sum oJ mo.~y ~~6[~ 6y virtue o~ satd nole and t~ts
mortgage, o~ either. t~ie mortgagee may pay ths iame. wifkout waiving or nffecling t~e optton !o `orec~os~
or any other right I~ereunder, and all auc6 pnymenb i6aU bear interest /ron~ date tl~enoj at ths higf?est law-
(ul ?ate then allowed by t1~e luwa oj the Sfate oE Florida
~ nnq swn o~ money I~erein re~emed to be not promptly pai~I wifktn THIRTY dar• next a~b?
the iame 6e~omes due, or i~ ~h ~d e~.r ehe ~.+s~~na, attpu~nttons, oonditions and eovenanb of wtd
~ note aru~ f~is mortgage, or eitl~er, ar+e not JuUy per(ormed. c~ompjied u~it~ and abtd.d 6r. t~en t~e eitttre
; sum nuntionec~ in said nofe, a?~ this mortgage. or the entine ~bnos unpafd the~eon. s~au forthwtth or
: thereaJter, at the option o( t1~e mortgagee, becoene ~d 6e d~ ~d ~~61~. ~yekfn9 tn ~d noeo or 6.~
to t~e rnnfnary nofwit~standing. Failw~e by ehe .no.tg~~e to exerrise any of the rig~b or opttons ~erein _
pronicled shal~ not consfifide a u~aiver o/ ~r ~gh~: o~ options w~d~ :~d nota or t~is rnortgnge a~arued or
tf~ereaj~er accruing. The mortgagee agrees to release 3 lots from the lien of this
mortgage upon payment of amount due on May 15, 1978.
~n ~Ilitness ~I~reof~ Itie said morfgngor ~as ~ereunto signed nnd sen~ thes~ presenta tf~s
cloy n?td year ~irst above wrilfen.
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Signed sealed and deli~?ered in tf~e p?esence o/:
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~IE1NC~. J. ~0 ON
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STATE OF ~ OH IO ~
{ COUNTY OF `~h~~E~.~~
€ ~ Q~ I HE1tEBY CEItTIFY thac on this dar~ belore me~ an
oHicer duly authoriud in t6e State aforesaid and in ehe Counq afwaaid w take acknawkdamenb. peaonallp appeared
DONALD J. JOHNSON and I~1NCY J. JOHNSOV, his wife
to me known to be tbe penoo g descn'bed in md who acecuted t6e forcsoinR iaseruinent aad ~o ackno~rled~ed
before me that they e:ccute~ tbe s~aie.
WITNESS mr hand and dficial seal in tl?e Couaq and Sute last atoresaid this ~.G-fit`f.s-r ~ ~l ~
~t1 A. D. 19 77
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~ seal r , - ~ otary Put+lic
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- ~ ~ • ~ ~iy co~nission expires:- 12/~9~1
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f , ~.IUCtE p01i 5 ~JCv~`~,-r"_
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APR
364~24
Tha In~trumrnr prrpiarcd by:
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n~j~ 7HIS INSTRUMENT PR[PAREO BYr ~,ff~~S~ ~-1~/
AOSTRAGT ~ TITLE GORP. OF FLORIDA J~~
~800 S. FED. MYYY., PORT BT. LUCIE, FLORIDA E?JOK ~~AGE ~ I~
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