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HomeMy WebLinkAbout0194 and shall pe?jorm, comply witl~ and abide br ~h and enery tl~e agreementi, supulatiuni, conc~ltlons und rnnenanls thereoJ, and oj this mortga~e, tl~en Ihit mort~age a~d ths satnte f~ero6y ~•rea~.~d, ihall cease, d~- lermine and 6s null and i~oi~l. ~ . ~ t{~P mortganor hen:6y jurthe~ covenants ond aeren to pay promplly whsn dw fl~e principnl and i~lereal anc~ oftier sums o~ money provided ~o~ in snjd note an~ this, mortgngs, o~ eti~er: lo pay a~~ w?d singu~a~ tl~e ta.res, assessments, ~evies, ~Iabi~ifies, ob~igutiont, and encumbmnces o( every nalure on satd pro- perty; fo pe?mif, commit o? au~jer no wwte, impairmenf o~ deferio?ntlo~ o~ said ln~d or ftie Improvemenli _ ll~Prrcn a! any time; to Irepp fl~e builc/ings nou~ or hereajler on saicr Iantr (ully insured tn n sum o) no! less t?~an ----------------------full insurable value----------------------------------- in u company or companiea acceptab~e fo lhe~mortgagee, !he po~tcy o~ po~tcies !o be Iteltl 6y, ond ~ya6le to, said mortAagee. and in tl~e even! any sum o~ money 6ecomes ~yn6l~ 6y virtue of such in~wance the mortgagpe shall haoe !he rigl~t 1o receive nnd apply Ihe aame to the indebtedness I~ere6y securecl, uccounting to f~e mortgago~ jor any surplus: to pay a~~ cosls, ctia?ges, nnd expenses, inc~uc~ing ~awyer~a Jee~ and tit~e searches, rpasonn~~y incu?rec~ or paid by fhe morfgaqee because o~ fhe (ai~ure o( the morlgagor to prompt~r and jully ~-omply milh the agreements, stipulations, conditions antl covenanls o~ said note nnd ll~is mortgage. or eittier; to per~orm, comply with nnd nbide by each nnd euery the agreements, sfipu~ations, conc~ifiona and covenanls set /orth in said note and t1~is mortgnge or either. In tke event tha rnortgagor /aila to pny wl~en due nny tax, assessment, insurance premium or otl~er sum oj money pnya6le 6y vi?tue o/ said note and this - ntortgage, or either, ftie mortgagee may pay ftie same, wli~ouf waiving or a~~ecting the opfion !o ~orec~ose or any otl~er rigl~t {~ereuncler, ancl all sucl~ payments stia~l bear interest jrorn clate tl~ereo~ at the I~ighes! ~nw- (ul rate Ihen allowed 6y Il~p laws oJ tl~e Stntp o~ F~orida. ~l any sum oJ mon~y ~erein ?r{errecl to ~e not promptly paid within thirty (3~~ c{nys next njter thp same becomes duP, or ij euc~ nnd pvery fhe agreemenls, slipulalions, conditions nne~ covenants o( snid note and t/~is mortga~~e, or pill~er, are nof Ju~Iy performec~, complied with ancl a6~ded 6y, t{~en tF~e entire sum mentioned in said note, und ehis morlgage, or the entire balnnce unpaid thereon, shnll (ortF~u,ith or ti~ereafler, at tf~e oplion o( t/~e mortgagee. 6ecome and 6e due and poyable, anpl6ing in anid note or I~erein to the conlrary notwif6standing. Failure 6y fl~e morfgagee to exercise any of tke rigtits o~ op~ions ~erein provided s{~a~~ nof consfifufp n u~ainer o( any rig{~ts or options unc~er said nofe or ttiis mortgage nccrued or t~ereaJl~r accruing. _ Dn ~~LIIL.~.7 ~~"Ol~ t~P saic~ morfgagor {~as hereunto signed ancl sealed f~ese presents the c~ay an~ year Jirst ahove wriffen. gn ea~g ~ nc~ p"narecl t e es ce o(: '7 ~ . • _ • ~{~~t z" ~y;,~5~ ~ - . . . . ~ - - ~ - , ~f:_"__~_--- ~ ~ ~ M COY . .~C~~C~ - ~ ~ ?cn2~-.. - ~ _.~Q-.~'n-rri~~---- -_`"~~.1.i,0~. - - - RITA MC . . . - - ~ - . ~ i - . _ . - - - - - - - ~ - - - - - - . - - - ~ ~ ~ STA?E OF FLORIDA, i . CoU:v~rv oF ST. LUCIE ~ I HEREBY CERTIFY that on this dsy~ be[ore me~ an of(icer duly authoriz~d in the State a(oresaid and in the County aforesaid to uk~ acknowkdgments, penon~l~y appprcd DANNY J. MC COY and RTTA MC COY, his wife . ~ . ~ to me known to br the person 8 described in and who e:ecuted the (ortgo~nq instrument and tbey acktwwle,~ed. ~ beforc me that they ~a~cuted the same. . _i Wl7'NESS my hand and official xal in thc County and Sute last aforesaid this .gti~l. " day.'~( i? ; , ~ ~ . . ~ April A. D. 1978 ~ . ,l ~ _ , 1#~~t ~ ~ . _ t _ ~ - - - . . - _ CI ~nF IRGUI ~A A xQIAAY . ST~TC . fT:^?i;~:'t zTf+p~ *3 ~ _ ~raifl~9~,~._ Mv~~~~~..~;~. :r- ~~s. ~ BOS7ED THH~ GE;.~ ~;,1. . , ~ . ~ ~T~aS ~ aPF ~t ~ ~S PM ~~g ~ ~ ~ 3998'7Q . ~ ~ ~ ~ ~ ~ a~~ 285 F~~ ~.69 I~llS IJIS//J/IJ/f)1/ rr red b Frank DeThomas p p~ y~ 371 Midway Road A~dn~ Fort Pierce, Fla. 33450 t s- _ ~ _ ~ . < : _ - . ~ .