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HomeMy WebLinkAbout0262 i nn~ shall /?Pr~orm, comp~y u~ilh and a6ide 6y pa~•1, ~nd ni~ery IhP apreements, ffipulations, eonditions and cot~en~nfs fiiereo~, anc~ o~ Ihit mo?fga~P. l~en 1{~is mo?f~agP an~ ftie e~tale here6y crpatec~, sha~~ cease, c~e• I~rmine an~l be nul~ an~ ~~uid. ~ Tln~ fhP morfganor {~~mhy ~urfher co~~Pnanls and agrees to pay promplly u~hpn ~ue fhe princtpal and i~ifernst and alhrr sums o~ money provl~Iecl (or in sui~ note anc~ I~t~s mortgoge, or eilher; fo pay a~~ and sinc~ul~r t{~e taxPS, ass~ssments, IPI~lPS, liabi~ities, ob~igafions, ant~ encumbronces o~ ei~ery nafure on tai~I pro- perfy; fo ~~prr?eil, ~omm11 or su~fe? no u~aste, impairmen! or c~eferiomtion of said land or Itie improvements Ih~•reon al any fime; to ~PP~ I~P huildinfls nou~ or 1~Preafter on ~oicl Iand jul~y insure~I in a sum o) not ~ess ~ti~n Eiqhteen Thousand, One Hundred Thirty and----80/100----------------- in n company or companies accPptable tu Ihe morfgagee< the poitcy o~ polictes to 6e held 6y, and payable fo, sai~ morfpag~e, an~ in fhP event ony s~im o~ money ~ecomes paya6~e 6y vi~fue o~ such insu~nce t~e morl~aqee SIIAII I1pi~p ~ke ?ight to receive and apply !he same to tl~a tndebtedness here6y secured, accounting lo ttip mortga~or ~or any aurp~us; fo pay a~~ cosfs, ctiarges, and pXPBRSPJ, inc~uding ~au~ye~~s ~ees and itt~e SPQf('~PS, ~P(I~AfIAhIy incurrPrl or paitl hy 1{~e morfgagee tiecause oJ f{~e ~ai~tae o~ Ihe morlgagor to prompf~y an~~ ~ully comply ~uit{~ the ~preements, sfipu~aftons, conditions nnd covenn~fa of said nofe antl tl~ts morfgage. or Pilti~~r: to ppr(orm, ~~omply u~itl~ a~d R6idp 6y. eacti nnd every fhe agreements, stipu~aitons, condilions nnd I corennnls sef jorfti in said note an~ this morfgaye or eilher. ~n ftie euen! ftie mortgagor ~oi~s to puy w~en ! due nny tax, assessmrnf, insurnnce p~pmium or ofher sum o~ money paya~Ie tiy uJrtue o~ sai~ note and fhis I mortgage, or ~if~er. IhP morfgagee may pay t~e snme, wilhouf inuiuing or a~jecfing !he oplion fo Jorec~ose or any oll~~r rigl~f I~vrPUndPr, and a~I sucti pnymenls sha~l 6ear interesf (rorn dafe fhereo~ af tl~e I~ighest Iaw- ~ (u~ rnfp fhon a~~uu,e~ hy f{~e ~au~s o~ f~~F Statc~ o~ ~'~ori~a. ! nny sum o( money herein re(err~~ lo he nof promplly pnid u~iftiin ten c~ays next a(ler ~ II~P same b~comvs clue, or iJ eac1~ anc~ p~~erV ftie agreements. slipulnfions. conditions nnd covenanls o/ said ~ note an~ Ihis morfpa~P, or eilh~r, a?e not JuIIy performec~, comp~iec~ u~ifh -ancl atii~e~ hy. l~en Ihe enfire ~ sum mentioned in said nolp, and this mortgagp, cr the enlire 6al~nce unpaid f{~erPOn, s6all /orthu~itl~ or ~ t{~erea~fer. af ftie opfion o~ the morigagee, hecome an~ be ~ue and pnyab~e, anyttiing in said nole w herein fo f~e confrary not~vitl~sfan~inq. Fai~ure tiy ftie morfflagee to exprciie any o~ !~e rig~ts or oplions {~erein pro~~irlv~ sf~a~~ nol ~onsfitufe a waiver o~ any rig~ts or opfions un~er sai~ nofP or ftiis morlgagP accrued or ItiPrea~tt~r accruinp. ~n ~~tn~s ~hereof~ thP soid mortgagor I~ns {~Preunto signed aR~ SPQIPd these presenls t1~e ~~ay on~~ yPar jirst atiot~p tnriffPn. I r ' ~I~?IP~. SPa~PQ Ct~l~ ~P~IPPCP~ 1/1 ~~P pr~sPncP 0I_ '.}q~~ ~~+1 T ( 1 Yr 1 r / . ~ I . _ . . . _ . ~ . . . ~ ~ t~ ~ • , David L , john n - f . - . _ . ~ ` < - ~ ~ ; ; _ ~ . . . . . . . - ~ - . . t~ ? ' , - • lifford L win : ~ . . _ . .C _ Good . . . . . ~ ` ' ~ ~J. I ~ ~ ~ ~ d ' _ ~ ~ ~ I STATE OF FLORIDA, ; I COCtiTY OF ~ ~ ~ .St. Luefe ~}~FREBY CF.RT[FY that on this day, betore me, an ~ of(i~~r dul~• authori~ed in the Stat~ afor~sa~d and in th~ County a(oresaid to tak~ acknowledqments, prnonally appear~d I ~ ~ David L. Johnsb~n and Clifford L. Goodwin _ ~ ~ ~ to m.• known to fx thr pe~rwng d~scribed in and who eaecuted th~ for~qoinK instrument and they acknowkd¢~d ~ ~ ~ brfon• me that they rxccuted the sam~. i ~ ~~'IT\ESS my hand and of(icial ual in thr County anJ Stat~• last a(orcsaid this Z8t}l '~1~ v~~ ~ . . . K ~ jllly A. D. 19 78 • + ~ A ~ ' ' ~ / - ~ ~ ~I~Es . y C~~ 0 t~s ~ - ~ ~T'~~~,f RPO~~~~~.e Nota . ~ ~ ;r2 ~:f.= ~ ~'1 ~ E~~ ~ ' I~ AM~~(: WQ•AR" D Sth ' A'F `f ~LnRt~JA A~ .~RC~ .f ••I' ' • I j~ ! 'n n7 . ,-:M•/,~ r~, =.P'Pi~ .ii[, t-' ~ . r R~~ u , . ; i :r . . ~`~'io _ ~ 4,~,~~9g g f ~ ~ ~ ~ ~ ~ ~ %%ri~ lirslnr~nn~~ prep~~id ly: Shirley J. McSwain ( - ;1,G/rrx~ First National Bank of Fort Pierce ~ R Z(~2 Pa~: 2~ ~ ~w~ Post Office Box 970 ` _ ~ Fort Pierce , Florida 334 50 + ~ , , ~ = ~ r ~ :~F ~ ~ ~-~-J= ~ ~ ~ ~ . y r - ~.~,5~~~'~~-~„~ ~ ~ c~..~ '~?.r:~ ~ --"~~'~Y~~~,~'i~~~~ ~3~ ~ . a-.' _ . . ~ a .