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HomeMy WebLinkAbout0327 an~ sha~~ p~~~~orm. ~~omp~y wilh an~ ahi~e ~7r eacti ane~ e~~ery Ihe ag~menla. sflpu~altoni. condifloru w~ ca~~enanis I~~erc~o~, and o( fhls moN~~as~e, IhPn thts mwtpa~e and the eafate here6r crroted, •6all cease. d~- Ir~mine arul I,e nu~~ anc~ ~~i~. ~ fhP martgapor hemhy furl~e? c-overianfa ond agrees to pay promplly when duo fhe prtncipa! nnd lnteres! ancj of~e~ sums o~ monPy p?ouI~I~I Ja~ in aat~ nole and fhts moHgage, or eilhe~; lo pay u~~ and singu~ar fhe fnxes, assessmenl~, IPUIPl, ~tahi~ifies, ob~i{~aliont, anc~ encum6mnces oj every natws on said pr~o- pe~fy; fo ~x~rmil. commil or su(jer no wwf~, impatrmenf or c~eleriorafion o~ saic~ ~and or Itie Improvementi IhPrncn nl any limr: lu Irrrp Il~e I,uildings rtow or Itc~rna~trr on •~aid land (tilly lnsur~l tn a sum o( nol less ~han its hig~uest insinable v~lve in a company or ~ompanies ac~rnptaL~e lo !~e morigapee, ftie po~icy o? po~icles fo tie he~~ tiy, and poyo6l~ to, saic~ morfgac~ee, ancr in Ihe ~t~enf any sum o~ mon~y ~pcomes ~ya6l~ 6y virfus o~ aucti lnsurance Ihe mo~igagPe shaU ha~~A ftie ~igtif fo r~cpive and apply fhe somp to fhe tndebtedneu he?e6y spcurecl, ace~ounfing to Ihe mort~a~tor ~or any sury~lus; fo pay all cosfs. CIIQ?(/PS, uncl expense~, includinp lawyer's (ee: and 1(fle sParctiPS, rpasonahly in~urrecr or paid 6y Ihp mo?Iga~ee tiPCausr of Itie ~at~tu+e oJ Ihp morfgagor fo prompl~y an~ ~ullv c•omply u~ith fhe aflreemPnls, sfipu~afions, ~ondilions and rni~ne~ls o( aai~ nole an~ l~is morlgage. or ~ilher; fo pprfo~rn, comply u~itl~ and a6ide by eacti and every !he ag~eemenfs, stipu~alions, eonditions and cov~nanls set jorl~ in said note anc~ fhis morfpa{~e or eifher. ~n the raenf ttie morfgagor jat~s fo pay u~/~en du~ a?iy ta.r, assessmenl, insurance premium o~ ofl~er sum o( money paya6le 6y virtue of said nole ond ihis morfgage, or eiftier, t~~e mortga,ryep may pay I~e ~ame, u~il{~ouf u~aiving or af~ecting ftie opfion fo ~orec~ose or any olher ?ifl{~t {~~rp~u~d~r, an~ all sucl~ paymenfs shall bPar tntPrPSt from datp Il~e?eo/ at IhP ht~hp:~ lau~- ~U~ M~P ~~IPII Q~~AiI'C(~ ~V ~~P ~AU~S O' ~tiP S~~~P Ol /'~O~I(~Q. ~l dny sum oJ mon~y I~erein re~Prre~ to {?e nof prompf~y paia wifhin s~(~ ~ays nexf a~fer f~e sam~ ~?PCO?nes ~ue, or i( eac{~ an~ Pt~P/y I?IP d(~fPPMPlIIS. _sfipulations. conclifions an~I.~-ot~enanls o~ saic~ note and tl~is mor(go~~e, or eithnr, arp not /ul~y per~orme~l. comp~ied u~it{~ and a6td~1 6y, tl~en tF~P pnfirp sum mention~ in said nofp, ant/ t6is mo?tgage, or the entirp halnnce unpaid thearon, al~al~ /ortl~u~it{~ or Itierea~fer, af fh~ opfion o~ ftie mortga~pp, tic~omp an~I be due and paya6le, anyt~ing in saic~ note or herein fo t~e conlmry noh~~il~~slan~~ing. I=ai~ure ~~y f~e morigagea fo pxercise any of f~e rigtits o~ options tie~ein ~ provi~~ee~ s{~a~~ nof cunsliluf~ a u+aii~~r o( any rip~fs or options unc~er sai~ notP or f~is morfgage accrue~~ or I~er~a~l~r accruin~. ~n ~itness ~hereof~ If~P soid mort~~agor ?~ns I~Prpunto sic~nerl nnd sPal~l fhese presents 1{~P c~ay anc~ year ~irsf atio~•p u~rillen. o. r ~ t i. r 1 .n~u~u. arutru unu uru~~viru u~ ~ne pn•~rrup u~: - . ~ / . . . - - - . _ - J~ ~a- ~ ~ . ~ ~ - - . . ~ - . - - _ _ - - - - i - . ~1 i Lois~G. Sherrard, his wife i - - - - ~ - - . ~ ~ STATE OF FLnRIDA, i COUNTY OF ST. L~IE ` ` I i~EREBY CERTIFY that on this day, before me, an i ofticer duly authorized in the State a(orcsaid and in the County aforesaid to take acknowled~m~nts~ personally appe~red JOt~i EDC~R S~E~tRARD ~d IAIS G. S[~RRARD, his wife to me known to !x the person3 dtscribed in and who executed the for~qoinR instrument and W~'1Q acknowledAed beforc me that ~~I ~xcruted the same. ~~'1"1'NESS my hand and o(ficial xal in thr C:ounty and Stati• last atoresaid thu a/1LOL- day o( Juie, n. n. ~9 77. ..~t~"~,~,,,~ c,.~' , ~ , - - , _ r-- No aYy Pt~l.ic - ~ - ~ ~ ' ~ + ~ = J c~ _ My oonm~.ssiai exi~iYes: ~ - `r ^ . raEO ~Ma ReaoR~~=_o ~ ,~t, k ST.IUCiE COUNtr F~A. ~7, ; ~ 0 RG~ER PO!?R~S ~ ~ r,L~RK CiiC~IIT CC'~3!~: rC Q~ Q I F If 0...----~"f ~ ~ o PM'TZ • JuH 1 3 s ~i68121 ~ ~ ~ !%u I,uirr~,n~~r~ pm~nrlrr~J by: Jdn Fdgar Sherrard, Esq . ~ ;1 ~IcIR:(1 Post Offioe Box 4332 ~ R = Fo~ 3~~o BOOK 269 ~~~E 327 ~ ~ ~ ~ _ _ _ _