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HomeMy WebLinkAbout0032 i ~nd shull per(orm, romply u~ili~ ond nbide Iiy ea~~h and ei~ery Ihe ag?eemenlt, stipulatio?i~, condi~iuns ond l'OI~P?1Qf1~S ~~PI('U'. Aflt~ O~ ~~IS morl{~ape. ~~PII ~~1! mwtpngP Qfl~ ~~P l~~Q~P ~P?pby CIpOIP~, S~Q~~ ('PQlB, dI- ~ ~PII/IIIIP fifl~ ~?P fl1111 U/I(~ 1'O~(~. Ill~ l~~~ morlga~~o~ he?~~~y (urthe~ co~~enanls and agrers fo pay promptly when dus the principal and ~ inferPSt anc~ of~ier suma o( mon~y proi~ic~P~ ~or In satcl nole and thia mo~lgage, or eifhe~; fo pay a~~ and ~ sin~u~ar Ihe fa.rps. ass~ssmenfs, IPVIPI. ~ia~~i~ifies, oti~inafions. and encumhwnces o( ei~ery nalwe on said pro- ? pe?ly: fu permil. commif or s~ij~er no u•asle, impai?mPnt or ~ele?io?afion o~ taicr ~and or the improvemenb ~ 1{~en~~•n at any lim~; 10 ~PP~ IIIP huiltlin{~s nou~ or hprc~~l~v un ~aid land Jully insure~l in a sum oJ not lesa f{~an Fifteen Thousand and 00/100 ($15,000.00) Dollars~__..__..__..__.._ , ; in a~•ompany or ~•ompanies acc~plnLle to I~iP mortgaflep, f~ie po~icy or po~tcies to 6e hel~ 6y, antl paya6ls - ~ to, saitr morf~~agPn, a?i~ in Ihe ei~ent any sum oJ mon~y ~pcomes paya6~e tiy i~trlue o~ sucti insurance Ihe mortgag~e shaU hnrP Il~e riyhl b reK•eii~~ and apply tl~e same to fi~e inc~e6ledness {~ere6y sei-u~ed, acrnunting fo ftie n~arlfla~~or ~ur any surplus: fo pay a~~ t~sli, char{~es, anc~ expensps, inc~uding ~awy~~~ fees and til~e searc{~~s. rPnsuna~~~y incurre~ or paic~ hy t~~P morlgal~ee hecausP o~ ttie faflun o~ fhn morigago~ to prompl~y anc~ Ju~~y i•o?np~y ~oilh 1{~e af~re~mpnls, sfipulafions, con~iflons an~I ronenanis o~ saic~ nofe mi~ l~~ts morlgage. i or eilf~Pr, fo ptvjorm, c-omply u~ill~ an~r a~~ir~e ~~y each an~ ~~•ery !he agreemenfs, sfipu~alions, con~ifions ancr ; cot~rnn~~fs set forth in said notp and tl~is mortg~ge or either. In Ihe ri~ent Ihe mortgagor fail.i fo pay u~hen ~ due any Ia.r, nsspssm~nt. Ir1SUTA1u'P premium or oltie~ sum o~ money paya6lp by virfue u~ saic~ nofe ana l~is t morf~a~P, or ~il~~Pr, ftie morlgaryep mny pay f~e same. ~uifhout waiving or aj(ecting the oplion fo jorec~ose or any oll~~r ric~lii hPrNUnder, nnd all sucl~ payments shall 6ear i~tPrest Jrom datp fl~ercwJ af Ihp highpst lau~- MIP ~~IPfl A~~OIVIN~ ~V ~~p ~(111~5 O` ~/1P SIOIP oj Florida. )l nnv sum of mon~y herPin re~err~c~ l0 6e nof promptlyapaid wifhin 15 ~ays nexl n~ler Ilie sam~ bP~-om~s due, or i~ earti and ~~~ery Ihe aflreempnls. sfipulafions. ronclilions and coi~enanfs o~ said notp and tl~is morlc~a~~e, or ~ifh~r, ~irn «ol Jully ~prlo~,pd. ~o~,pt~pd witR and a6~d~1 6y, Il~en thp entirp sum mentioned in saicl not~. ~nd tl~is mort~age, or thP entirp 6alance unpai<l thpreon, s{~a~l for/6u~i16 or Iherpa~ler, af fti~ oplion o~ f{~e morf~a~ee. ~ecome and be ~UP QR(! pllqAOIP, anyf~ing in sai~ nofe or he?ein fo IE~e t'onfrary nafu~ifl~sfan~in~. /=~i~urp hy fhe morfgapee to PxercisP any o~ ftie rigtits or opf~ons herein prorecl~~ stia~~ nof ~mufilutP a u~~in~r o~ any ri~{~Is or options uncrer saic~ notp or I~is morfgage accrue~~ or t{~erea~l~r arcn~in~. ~ ~n ~itness ~hereof~ f~~F sai~ morigagor ~~~s ~IPTPIIIIIO si~~P~ Q?l~ SPQ~P~ I~PSe P~PSPIIIS I~P ~ny an~ V~ar jint a~?orp u~riflen. $ignec~. a~e~~ tt~ t~ ie~~ret~ in ftie pr~sencp o~: - r : ~ ~ . - - . <<. ~ ~ .t_. . . _ . . . • - - - - . . - J n R. Sa .~o.. . . - - . ~a~.:e.,,~.:a-~~~.... ~2.a-<.~ . . - - - . - - - - - . . Q~ oro Ba cock . _ . . - - - 'I - . . . . . . . - - - ~ ~ t ~ 3 ~ STATE OF FLnRiD4, _ ` ~ CnU\TY nF ST , LUCIE ~ I HEREBY CERTIFY that on this day. before me. an t o(firer duly aothoriz~d in the Statc a(or~said and in tht County aforesaid to tak~ acknowltdgments~ penonally appeared i John R. Babcock and Dorothy Babcock, his wife, to mc known to be th~ person g d~xribed in and who ezecuted the (or~qoinq instrument and they ~~knowkdsed be(ore me that rheycxecuted the same. . . ~YI7'NESS my hand anci o(ficia) seal in thc County and Statc last a(oresaid this ~ dar o( . A. D. 19 78 ~,~j 1~`I ~'n. i~j~ . •t1. . _ , • . ' . ~1._; , I~t-L~-'1~--~.,~.t..-- M , . . - - ~ . - - - Notary Public , State,~f I~ a-. fIlEO ANO BECOROtD ~~~.~r ~ ` St.IUCIE C4UNTY F~~ at Large •~j~ a/~/~t~ POITRA3 = ~ ' 1 : , VV`• \vi~~~ CVtt1, . ~O~~I . ~ if r` - F.. 1~1y commission expirea : _ ~ - ~ ~ ~ _ ; 1 ~ ~ MM~ 1 l, 5~ ~H'~P, . . "y . ` . ' V V ' %%if I„s~rr~nrr,lr p~~prrrd by: J. Michael Brennan, Esquire ~ ~~~~~~r~'« 715 -Delaware Avenue ~ Fort Pierce, Florida 33450 ~j ~ ; b00x ~t~J PACE ! ~ ~ ~ , _ . , , _ _ . - ' ..w.~