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HomeMy WebLinkAbout0964 and shal~ psr(orm,,comply with and u~ids 6y ~•h and e~~ery tl~s agrcements, ittpulallons, condttions and , c~oi~enanfa 1/~ereo~, ant~ oj Itiis morfgage, Ihen f~t~ mafgage and t~o esfafe 1~Breby crealecr, t~a~~ ceaas, de- tp?mine and b~ nuU and vold. ~nd~~~e mortgogo? ~?e?r~?y ~urt~er cot~enanls anc~ ngrees to pay ProMA~~Y u'hpn ~us 1~e prirtclpo~ and interesl ancr ottier sums o/ money provtded jor fn ratd nole a+u~ t~l~ mo~lgag~?, ar eiltie?; fo poy a~~ ond sinflulnr t~e faxas, nssess~nenfs, ~evtes. ~la61~iNes, o6~laaltont, ond encumbrnncei o/ eve?y notun on ~aid pro- ~ perly; to permfl, commil or au~~er no waste, intpairment or deleHoration of aaid ~nnd o? ttie improvemenb thPreon af any Itme; fo Ieepp II~e buildings now or herwajler o~ ~aid lond /u~~y insurec~ in a sum o~ nof ~e~~ than . in a compnny or compnNes nc~cepta6lo fo ttis mo?tgagee, Ihe po~Ic7r or. po~iciea to 6e I~eIcE 6y, anc~ payab~s to, said morlgagee, ana in ftio evont any twn oJ moner become~ payabto by vtrtus o~ such inaurance the mor~gagee shnll ha~e ~he rigl~t to ?ecetw and opplr tl~e same 10 ~I~e tndebledness hereby iecured, accounting b fhe moHgagor (or anv surp~ut: !o puy all cosb, chargea, and expentea, tnclucjing ~awyer s~eet and fitls sea?rf~es, rnosonably inc«rred or puid by tl~e nwrtgagee because oJ the (atlure o/ the neo~tgngor fo prompt~y nn~ (ully comp~y wifti fRP apreeneenta, stipulafloiu, rnndlllons ond couennnts o~ snid nofe anc~ t~is mo?fgnge. Or Pf'~~Pr; to per~onn, ~-orreply w~th and abide 6y eac6 and every the ag~eements,~ stipulalions, conditions -and covenants set Jorth in said ~oio and lhis moHgage o? eithe~. 1~ IF~e event the mortgagor jnib to pay u~l?en due any tax, assessment, insumnce premium o~ ot6er swn oJ money pnyn6le by virtue o( said note nnd tl~is ~ morfgage, o~ eit~er, f~e morlgagee may puy tha snme, wtthout waJning or a~~ecfing the optton to (orec~ose ~ or any otl~e~ rigl~t hernunder, nnd all such paymenb ~kall bear interest /rorn dete !1?ereoj at t~e I~igl~est Iaw- ? ~ul rafe then al~ou~ec~ by tl~e lows o/ tl~e S1ate oi FloNda. ~l any sum o` money hprein re(erre~ lo be not prorr~ptly paid wi~htn fifteen dnys next o~fer the same becomPS due, or i( eac6 und every tF~e agreements, slipulntions, condit[ons and covenanb o~ said note and t6is mortgage, or ei11?er, are not fully performed, comp[ied witb ~and abided 6y, then t/~e en(ire sum menlioned in ~aid note, and lhis mortgngQ, or tbe enti~e buiann unpaid therron, sbQII /orlhwitl~ or i~iereaf fer, cet 1{~p opfton o~ I~e mortgagee, fsec~ome nncl Ge due and paya6le, anything in saicl note or Iterein b fhe con~?a?y notwitl~standin9. Failure by f~ie teio~tgagee !o extarfte arey of 1he righls or optfons /~erein pronicled s/~a~l not 'constifrrfP u u~aiaer oJ anr ?ig~itt or optioAS under sal~ notp or t~is ntortgage accrued or fherea(t~r ac~ruing. . ~n ~itness ~he~eof~ lhe safd nwrtpogor hos /~ereunto si,qnec~ nnc~ sva~ fhese presenfs ttie day uittl year ~irst ahove u~riftnn. Si e, seale and c~eli~~e ' il~e prasentv o~: ~ ~ ~ ~ s_ ~ ~ - . . r . . . . . ~ . _ . ~ - - - ~ ~ ~ ~ ~~.,/~...t. s~-r.rt'G~_~:.:.. . . ~ ~ - - . STATE OF FLORIDA~ ~ COUNTY OFMdrt1A - 1 HEREBY CERTIFY that on thit day, be(ore me~ an officer duly authorized in the SUt~ atorcsaid and in the County aforesaid to tak~ ackoowkdqments~ penonally appeued WILLIAM M. POTTS and THELMA A. POTTS, his wife to me known to be t6t person g described in and who cxecuted the fongoing instrument and they aclcnowkdSed before me that they exccuted the ~ame. N~ITNESS my 6and and o(licial seal in the County and Stat~ last aforesaid this dar oi March A. D. 19 7$ . FtIEQ AMD RECOKOFO _ j , ST. lUC1E COUNTtr : ~ ; on,FO opitRRC ~,c~.~.~ . - - - i ~ r ~:z ;r ~ - Notary ublic ~ My Commission Expires: 3 U ' Ai ~1RY 11J~LJC uA1E Gi fIOR~D~ , RG: M~` 12 3oPH'7,~~~~"~~_ . ~ Mrco,~us~+arov~~s~.~~ t4g~ tOf~O~ t1M1 ~RM It~6 . tp+OER~~ 41 ~ i~ ~ ~~~3 t: f•, Neil W. MacMillan ~ . MacMILLAN .AND SHEAR, P.A. t . 1074 NE Commercial ~~e.~t~ ~ ' E? ; Jensen Beach, I~'l.d~~~a 3,3457 . " Telephone : ( 3051' 3~3~4i?377 I7iit I~ulrrinic~N p~rAa~r~l ~li~:• ~ , ~ ~~,~~~~u 28~ 957 ~ } ~ : . _ - ~ . ~ ^