HomeMy WebLinkAbout0900 nnd shall pe~~orm. comp~y w~~l~ and a6td. by eacti anc~ ~i~ery fti• agree~n~nts, sfipubftona, condttiona ar~
co~snants tk~?~o/, and of lhta niortgaAs, tl~fn 11~is niort9ag~ and t1?~ ~stot~ I~.Q..6r c?eat~d, ikall ceas~, d~-
termin• nnd 6~ null nnd uoid.
~ e1~A ~~rA~or hen+6r /u~l~o. ~ow~~e, a~d ng?~..s ~o ~r ~~ily when dw ~h~ prtncipal and
interrat and ofher iuma o~ mona~r provldec~ ~or !n iatd nofe and fkU rnortgags, or ellher; fo paiy a~~ and
singu~ar fho faxes, msean~enfa, ~euiw. ~inbi~itloa, obUguflona, ond N?cumbrancya o~ ~very nafur~ on wid pro-
perfy: fo permif, comenil or suf~er no wwf~, impnirment o? ~et~loration oj ,aid b~d or fhe in~p~ovemanti
thereo~ at uny fime; !o ~eeep f~• bul~ings now o? ker~jte? on aatd lund J~lly i~a.~d in a sum of ~ot ~eas
than ~15,000.00 in fire and windstorm insurance
in a rnmpnny o~ co~npanies noceptnb~ fo the mortgo8ee, tke po~tcp or po~ictea to 6e 1?eld by, tu~ payob~e
to, anid mortgagee. ~nnd in tht tvont any sum oj rnoney ~comai ~~bl. 6r virtw o~ iuck insw+anc~ ttie
morfgagee ihn~~ have fhe rtg~t fo receit~e nnd npply tl~t iame to tl~ indebtedneas here6y secured, nccounttng ;
~ fo t~e mortgnpo? f~ anr ~wplw: to pay al~ rnab. c~a~+gq. and expenses. tnc~udt~g ~awyer s~eea anc~ tii~s
searcl~ea. ?easonably tnc~u?~d or pa~d 6y eke maigag~ 6tcnwe o/ th~ ~atlure o/ the mortgngor !o proniptly
and'~ully eomPly ~„t~h ~6a agree~nents, stipulnNons, condifion~ nnd covenanb of satd nofe and ltiii mortgape.
or eiltier; to perjorm, comply wtth and abid~ by eacl~ nnd ewry the agree~nenb, slipu~ations, eondifions and
rnuenanb aet ~orf~ in said notv nnd ttiis mortgag~ or vtther. ~n ftie euent the morfgngor jn~6 eo ~r when
due any tax, asssssrnent, inswancQ prerniur~ ar other ~wn o/ ~o~y ~a~51~ by uirtue af sutd note and this
mortgnge, or eit~er, f~e mo?tgnpee may pay t~e tame, wit~ouf u~ataing or n(~ecttng tke option to ~or+ec~ose
or any otl~er ripl?t kereunder, and nlI suc6 paynwnts shall benr interett ~ro~n date thereoJ at fhe I~ighest law-
(ul rate !f?en uUowed by fl~e law~ o~ tl~e State o~ Floridu.
~l any sum o~ money ~erein re~erred to be not prompf~r paid wifhin -30- day, nezf a~fer
~he same 6ecQmes due, or if eac1~ and every tl~e agresments, stipulaiions, rnnditions nnd covennnts o/ said
note and ll~is mortgage. or either, are not jully p~/onned, comp[ied witl~ :and o6tded by, then the entire
sum menlioned in iaid note, nRd thi.t mortgaga, oe the entire 6nlnnn unpnid tl?ennon, sl~all /ort6wit6 or
~ f~ereu~ter, at f~e opfion o~ f~e mortgagee, bocorrie ~d be d~ ~d ~~6t~, anyl~ing in said nole or kerein
fo the conirary notwitfutanding. Failure 6y d~e n~ortgaee~ to exe~rfi~ anr o~ the rights or optforu herein
proaided s1~aU nof constilute n waiver o~ any rigl~ts or options under said nofe or 16u rno?lgage ocnued or
therea jter accruing.
~n ~llll~ fV~`~ l~e said enorfgagor hm ~er+eunto ~ignec~ and sea~ed t~ese preaenfs lhe
day an~. year (irst ntioue u~ritten. ~
Sign sealed an deliverrd in tl~e prQSencv o~:
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STATE OF FLORIDA, ~
courr~nr oF St . Lucie
I HEREBY CERTIFY that on thu day. be(ore me~ an
o([icer duly authorized in the Stat~ aforesaid and in the Couotr atoresaid to tak~ ackooMrkd;ments, personaU~ appeared
Floyd Newbold and Mae Belle Newbold, his wife
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to me known to br the prrson S describcd in and who e~cecuted the forcsoit?s irotrument and ~;~Q'y-sc3~oo~fM~laed
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~ beforc me that they~xccuted the ume. : i.,f:'~~;:-• ~
Yi ~~r;
WITNESS my hand and ot(icial seal in the Countr and Sate last aforcsaid this ~~t~l ~_L dsy ~f• :
JUl3/ A_ D. 19~8 '3, ~~t• .
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Natary PublPC. R , Stafie'at tie1~
F1LE0 AM~ KEG~~ ~F ' t r'''~''~~;~i~n =>rirce Feh. 12. 1982
ST. :UC~L COtihT'+ ; Bor,ded thru Jedco Insurance /~gency
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This Inl~nin~en~ pirpnrrd by: ~
A,Id~rsr FN~NKtIN A. F/ARRIS ~'~R 2,~ PAGE a7
721 GUINCY AYENUE
F9RT ?[ERCEr FLA.
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