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HomeMy WebLinkAbout0288 . r ~n~~ s~~all p~~r~orm. comp~y ~rilh c~n~ Ah1~P tiy i~ai•~ un~~ r~~~vy f~?e a4~rerments, slipu~afior?s, conditions nn~ !'O~'P?1MI~S ~h{!IPO`. All~ O' ~~It mor~q~gt~, ~1IP11 ~~IS mo~fgag~~ (IR~ ~hp PS~Q~P hrrt~~ty c~pated, shall ceas~, de- I~~rmine Rnd be null antr void. l~n~ the morf~~agor her~~tiy ~u?the~ co~~enanls mu~ a{~rees lo pay prompl~y u~hrn ~~ue fl~e principal ane~ i?il~~rnst an~~ olhi~r sums o~ mo?ia~y provi~Iecl ~or in sait~ note ~n~ Ihis mortpage, or either; fu pay a~~ and sinc~ul~r th~~ tarPS, ass~ssmenls, IPI~IFS, liabilities, obligafions, and encumbrances o' PI'P!y natu?e on said pro- pprly; to permil, commi! or suJ~i>r no wasfe, impai?menl or delerroratio~ oj saic~ ~~nc~ or 1{~r improvemenfs th~ rnon nt ~ny time; to ~PP~ ~IIp buildinps no~o or herpa~ter on said la~d f ully insurPd in a sum of n~t less t{~nn in a company or com{wnies acceptah~e to the mortga~ee. !he po~icy or po~icirs fo f~e ~~e~~ hy, ane~ payah~e to, sai~ morfga~~P~. an~ in fhe evenf any sum o~ money hecomes Payo6la Eiy virtue o( suc{~ insurunce the morlgag~P stia~~ hav.~ f~e rigtif to roceive nnd npply t~e same to Ihe inde6tednesa herehy securpcr. nccounfing to !he mo~lgngor ~or am surplus; b pay a~~ co~ts, c~a?~es, and expenses, inc~u~ing ~ninyer~s (ees anc~ fif~e spnn•Iu•s, reasonnh~y in~•~~rrecl c?r paiej tiy ttie mortga~ee tiecause o~ fhe jai~urp o~ fhe mortflagor to prompt~y ~n~ ~u~~i comp~y u~ifh I~~e aE~?eements, sfipu~ntions, condifions an~ cot~enants of snid nofe nn~ Itiis morfgage. or ~iff~i•r; fo p~r/orm, romply with an~ a6ide 6y ecicl~ ane~ every fhe agreemenls, stipu~alions, conditions and c•oi~enants sef ~orf{~ in snic~ nole an~ ttiis morfgage or either. In the event !he morfgagor Jni~s lo pay u~hen c~ue nny tax, nssessment. insurnnce premium or ottiPr sum o~ money pnynh~e hy virlue o~ sai~ note Ontl Ihis mort~agP, or ~ither, fti~ morf~agee may pay fhe same, wittiouf cuaiving or a(fecfing ttie oplion to jore~c~ose ; ~ or any other right {~er~un~ler, and aU such payments shall bear interest (rom c~ale thereo( at Ihe {~ic~hesl lau~- ~ (ul rate ih~n nllou~ed by the laws o~ Il~e Sfate u~ /'lorida. ~ I D~ nny sum o~ money tiPrnin re~erre~ lo he not prompf~y paid wilhin fifteen ~(nys nexf a~fer I I th~ snme ~?~•~•om~s due, or i( each nnd pvery the agreemenfs. stipu~ations. conditions ancl conenants o~ said ~ ~ nofP an~ f~~is morfpagP. or eithc•r, are not (u~~y per(ormec~, comp~iec~ wifti and a~~i~P~ ~iy. Ihen Ihe enfirP ~ sum menlionpd in iaid note, and t1~is mortgage, or t~e enlire 6alance unpaic~ tl~ereon, sl~all ~orthu~ith or t~~eren~fer, nt f~~ option o+ Itie mortgagee, tiecome an~ be ~Iiie and payahle. anyt{~ing in sai~ note or ~erein la the canirary notu~if{~staricling. Failure hy t~e morfgagee fo exercise any oJ !hp riphts or options herein prori~lE~ s{~a~~ not constifule a ~oaiver o~ any rig~ts or opfions unde~ said nofP or ftiis rrtwlgage accn~et~ or Ih~rraf t~r at'cruinp. . ~n ~itness ~hereof~ ftie said morfpagor ~ns tieret~nto si~nACr an~ SPQIPC~ 1{~ese presenls ff~r ~~ay ~n~{ yE~ar Jirst a~~oi~e u~rillpn. $igne~, s~a~ec~ anc~ ~p~i~~ere~ in lhe presence of : ~ . _ - , . ~ - + --~~~=-y ; , ~ - ,~r ~t c~ L_, ~ L C ..~t ~ l ~ : ~ - . . 1..~.. r : , ~ ~ ~ _~~1.~"..'- _ _ll' ~-~t~:." _ ~ ~ , ~ . . - - . . - - _ _ . . _ _ . ~ € fIlEO A?~~ R'_CORDE~J ` . . _ . . . - . - ..._.....ST.IUL!E COUNTII F~.~. - ~ _ ~ . : ~1v= r: ~~A~ . i ~~tiF~ ~ i ~ 3 ~,~pH~~R ~ R •ti ~ STATE OF FLORIDA~ ~ yI ;~~~~~y couyTY c~F MAR TIl`z ~ I 1iEREBY CERTIFY that on this day, before me, an ~ officer duly authorized in the Stat~ aforesaid and in the County a[oresaid to take acknowledgments, p~rsonally appearcd r= II SAMUEL A. WOOTEN and NIlVA R. WOOTEN, his wife ; ~ i to m~- known to tx the perwn S describ~d in ~nd who ex~cuted the for~going instrum~nt and they acknowledq~d E ~ ~ ! br(on• mr that thPy ~x~cuted the same. -1 ( «'IT:~F.SS my hand and official seal in thc County and Statc fast afor~said this 3~~~ day of ~ti 3 ~ ~ ~ January 78. A. D. 19 = r- ' ~ r_ • ? • 1 _ . ~ . ~ e f . . . . _ ' . . . ' ~ ' ~ -Notary Public ~ , My Commiss ion Expires : ~ = ~ • ~~7 I ; ! : ~ 3 ~ ~ ~ j _ ~ . - 4 ~ J . . 3 ~ - ' . ~eil W MacMillan N • ~ t 7%ii.c L~slryi~~u•»/ pr~pnr~•rf !y: MacMillan and Shear, P. A. - 10~4 NE Commercial Street s'~-~~ ~QQ t - : I ,Glr~-;~ g Ga7 Jensen Beach, Florida 33457 ~ ~ : ~ - . s~ ~ ~ ~ ~ ~ . ~ . , _ _