HomeMy WebLinkAbout0630 an~ sha~~ pv?~wYn. comply wit1~ and a6ida 6r each a~d eoery Iti~ agwements, slipu~alions, rnndiltoru nnd
coi+ennnts ll~eroo/, a~d oj lhis mortga~e, t?~en tl~is morlga9e and Il~e eitote {~e.~6r c?ealed, shall ceass, ds-
termine and 6e null and void.
fhe morfgagor hen~by ~urll~e~ couennnts and ag?ees to pay prompfly when aue !he prindpal nnd }
lnte~wil and olhc?r sur?u oj money provided jor t~ iaid note and tklt mor~9oge, o~ either: !o puy nll and
singu~ar the faxea, assessments, ~evies. ~inbi~itiva, ob~ignfions. ar~d encumbrances o~ evPry nalure on satd pro-
perly; to permit, c~ontmlt or su~~sr no waale. ~nqwirmenf or dNKiorutton o~ satd Iand or Itie improvemenfs
thereon al any fime; fo keop 11~e building: now or tierraf
fe? on said land juUy in~ured in a surn oj nof ~ess
tf~an SIX THOUS~AND EIGHT HUNDRED EIGHT Y SEVEI~ AND 4Q/~00-
in a rnmpuny o~ compnntes acceptab~e to Itie mortgngee, fh~ po~tcq or p~~icies to be he 6y, n.~d pnya6l~
to, sai~ mortgagee, and tn itio evQnt anr sum o~ money ~comes pa~w6b 6y vi?lue o~ suc~ tnswn~ce t{~e
mortgagee ahall have t{~e ?tght to seceive nnd apply tke ta~ne to tl~e tndebtedness hereby serured, acrounting
to !~e mortgagor (or any aurpjua; fo poy a~l eosb, c~arges, a?id expentea, inc~uding ~wyer's ~ees nncr tit~e
SPn/~('~Pl, r~sona6ly incurred or paid 6y the nwrt~agee becawe of fh~ ~ailwe of Ihe mortgagor to prompt~r
and jully comply witti Ihp aA?eemenb, stipu~aftons, c~ondltiona nnd eouennnfs oj suid note n~d this mortgnee,
or eilher: to per(orm, comply witk and a6ide 6y each and every the agreen~ents, stipulat[ons, rnnditions and
co~renanfs sef (orth in said notQ and ttiis mortgage or etther. /n ttie e~ent ftie nnortgagor ~ai~s to pay w~en
due any tax, assessment. insurance premium or otl~e? sum o/ nwney pnynble by virlue o( snid note and lhis
morfgage, or eifher, f/~e morfgagee may pay t~e same, wlfhouf wntuing or a~jecfing fhe oplton to ~orec~ose ~
- or any olher rig{~t I~ereunder, and all sucli paymenb shnll bear intee+esf /rom date tkereoJ a! the I~igkest lam-
(ul rale then allowed by the laws o~ ~I~e State o~ Florida.
~l anq sum of money hprrin re~eere~ fo be not prompt~y pnid wifkin Ten ~ays next a(!er
the same 6ecomes due, or i~ each and every the agreements. sfipu~ations, condifions and covenunts o~ saie~
note and f/~is morfgage, or eif~er, are not ~u~~y perlormec~. comp~ied wif~ •nnc~ ab~dPd 6y, fhen Ihe enfire
sum mentioned in_ ~aid note, aRd thu mwtgage, w t6e entire balanc~ unpaid ~ the?ron. sl~nll (orl~witl~ or
ttiereaJter. af !tie apfion o( ttie mo?tgagee. 6~e ~d 6e d~ and ~ya6l~, anything irt anid nott or herein
fo t~e contrary notcuif/~slnnding. Fai~ure 6y tl~s mon9aAee to exei+cise any o( fhe rights o~ opfions herein
provicle~I sha~~ not constit~ite a watver o~ any rigl~ta or opfioru under inid notn or f~i~ morfgage accrued or
fhereaJter nctrui?ig.
ln ~lLl1~ W/l~Ol~ fl~e safd ntorfgagor has ~ereunfo sfgned anc~ sea~ed t~ese presenls t~e
day anc~ yeor Jirof a6ove turitten.
Stgned, sealed and deli~~ered en th presanco oj: ~
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~ , . - ~ ~ fvlilton Capps, Jr.
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r-~~ r I~iary' . Capps, his wife
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( FiLEO ANO RECOROE~
ST.IUCiE COUNTr fLA
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I STATE OF FLORIDA. tlCT2S Z O~I
~ Cou~TrY oF St. Lucie
~ I HEREBY CERTIFY that on tbis day, be(ore~me, an
~ - o(ficer duly authorized in the Stat~ aEoresaid and in the County aforrsaid to wk~ acknowkdqments, peraonaUy appearcd
~ Milton Capps, Jr. and Mary H. Capps, his wife
~ to me tnown to be the person g described in and who e:ecuted the forc~oins instrument and t:le}~ acknowkd~ed
~ be(ore me that they e:ecuted the uma
~ N'ITNESS my I~and and otficial seal in the County and Sute last aforesaid this 29tE1 day of
~ September A. D. 19 77. .
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s ~T.llici~OQYNi~r"~l~ /y~~ ~~'2~ . ~
•....C.E..*-~'
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~ 11G6El1 POITA~s 1~j~f,taTy = , ~
CLERK CtpCUlT COIMt -
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# I7iit hwnnnai~ prepnrrd by: Shirley J. McSwain
~ A~~~~ First National Bank of Fort Pierce
~ ~f~~ Post Office Box 970 p R 1~ ~
, , Fort Pierce, Florida 33450 ~ V
~ 2~ P, ~j~ , -