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HomeMy WebLinkAbout0516 and shall perjonn, comply witl~ and a6id~ 6r ~k nnd erery tl~e agntments, sltpulations, rnnditloru nnd corenants thereo/, and oj this mortgage, t?~en tl~ta mwlgage and the sstate kareby cr~afed, aha[I ceass, do- fermine and be null at~d vold. ~ f1~e mwfgagor tie?uby (wf1~e~ c~ovv~anti w~d a9.~s eo r,~y r~.~o~p~ly whe~ due Ih~ prtncipa~ and inferea! and ofhe~ sums o~ rnonoy pro~icl~ ~o~ tn iald note and fkis moNgags, or eit~er; to pay a~~ and st~gu~ar fhe faxes. nssessments. I~vios, ~tu6t~itl~a. obltgations, and encumbrances of every nafun on aaid pro- petfy; to pe?mif, commlt or au~Jor no uruste, in~pairm~t w dfferia+afion o~ said land or tk~ improwmenU fhee~eon af any time: to ~eep fhe bui~ings now or h~rwaf fa? on ~afd ~and f ully insured in u sum o` not ~esa ~han SIX THOUSAND EIGHT HUNDRED EIGHT Y SEVEI~j AND 4Q/~00- in a c~ompany or compnnies aceeptab~ fo 11ie niortgaeev, fhs po~lc~r or p~aicies to be he by, w~d ~,ynbt~ fo, said mo?tgagee. and in fho ew~t anr aum o~ etoney becomei ~ya61. by ~t~tw of tur~ insurnnce f~e mo?tgngee stia~~ kaue t1~e ?tgl~t to receive nr~d applr tF~e sams to the indebtednesa I~ere6y aecured, aceounfing to fke morlgagor (or any swpjus; to pay a~~ ewb. chaegos. and expenses. lncjudtng ~awyers fees and fif~e seurches, rewona6lp incur.ed o~ pa~d by rhe ~wrt9a9.. ~cauae of t1~~ (ai~ure o~ fhs mo?tgugor to prompllr nnd Jully romply u~ilh the ng?Qemenls, ~1ipululions, c~n+~dittons nnd covenants o/ aaid note and tl~is moHgage. or eitl~er; fo per~orm. rnmplr with and a6tdf 6y each and every the agreemenfs, itipu~nflons, condittons n~d covenanls set fort~ in satd etofa and tl~is mo?tgage w ettl~er. In f~s evenf the mortgngo~ (ni~t to puy when due any tax, assesament, insurance preniiure o~ ot~er sum o/ ~+oney ~~6k 6y virfue o`-satd note and f~is mortguge, or either. I~e mortgageo ~ay ~r the sane, u~it~out wattrtng or a~fecfing ftie opfion to jorec~ose or nny olker rig~f hereun~er. and.nl[ suc~ pnrrnenb s~a~~ inte?e~t ~ront c~ate thereo~ at fhe tii~~eat ~nw- ~ul rate 11~en allowed by ~he laws o/ t6e State oj Flortda. any sum o! mo~ey tierein re~enea to be not prompt~y paid wifhin Ten cjnys nexf a~ter ~F~e same 6eoomes due, or ij euch nnd euery tl~e ogreemenb, stipulaitions. conditions and covenants o/ said nofe and fhis mortgage. or eltl~er, ar~e not ~ullr performed, c~omplied with,-and a6tded 6y, then !ke entire sum menlionec~ in said nofe, and this mortgagt. or ltie entire ba~anct unpaid fF~erwon, a~nu ~or!{?witti or t~erea~fer, at tl~e .opt[on o~ the rnortgagee. and be due and pnpable, anrthtng in sald note or herein to t~e conlnary notwit?utanding. Failu?e by the mortgage~s to exencfa~ anr oj the righta or opNons ~errin prouided a6a~~ not constifufe n watver o~ any rig6ts or options under sntd note w this n~ortgage accn~ed or l~ereajter nccrutng. ~n ~Ull~ W11~[~~l~ !~e said tnorfgagor has I~er~unto signed and spaled tl~ese presenls ttie day anc~ year ~irst above written. Stgnet~, sen~ nncl deli~~rec~ in tIt p~s*eneo o~: : - ~ 1 lviilton Capps, Jr. . ; . ~ ~ ~c - • ..............L..---....-----•---... • . : ~ . ~ 1--~ ~ - - ~ ~ ~ - - . - - - - • - ~ - , Mary . Capps, his wife , . ` ,~f C L C ~ ` ' ~ ~ ~ ~L ~ r" " _ ' ~ ; • ...~i_7._....••• . . i STATE OF FLORIDA, ~ CotlNTlt oF St. Lucie I HEREBY CERTIFY that on this dar~ before rae, an ofGcer duly authorized in the Sute alorcuid and in the Couaty aforesaid to take acknowkdgmenb~ perwnatfy appeued Milton Capps, Jr. and Mary H. Capps, his wife to me known to be tbe penon g descdbed in and who executed the forrEoina instrument and they a~kriowkdaed beforc me that they euecnted the ume. WITNESS my hand and ot6cial seal ia the Countp and Sute last atoresaid this dar o( September A. D. 19 77. ~ ~ IUCIE 04tiNT1~RFtA. -`~V~ i~~.~. ~ . - • r~ ~ . 0 C~ : ,r_ : f ~ A06ER ?OITRAS l~tary - ~ • • _ CIERR CtRCWT COURt • a 1 _ ~ or~ ~~~c>rFfEO _ ~ - " : . c.o a ~ ~ , , SEF 30 4 PH'Z1 ~~„~u,n,c~Q : . _M ,1 ao~roN ~,o~"?i?r~. .e ' ~ ~ "a''~ TM~ ~ r a ~ i M O~, a~`~ S t., ~ ~ ~IIl~ . r. ' Tl~u hwrununr p~rp~a,rd by: Shirley J. McSwain ~ A~~~~~ Firet National Bank of Fort Pierce ~ Post Office Box 970 Fort Pierce, Florida 33450 PiCE _ . . _ _ _