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HomeMy WebLinkAbout0266 i and shAll per(orm, comply wttl~ and a6ide by ~a~~h anc~ erery the agreemenls, atipulatiaru, conditio?u and ro~•pn~nts thereo(, and o~ tl~is mutfeaAe. Ihen Il~ie mort9aAe and the estate hereby crpated, ahall cpnse, de- tvrminP and be nu~l and ~~uitl. Iin~ t{~P morfya~or hen•hy jurftier roi~enanls an~ agn?es fo pay prompl~y whrn clue fl~e p?inclpal and interNSt ana oltier sums oj money prot~ic~ec~ (or in aai~ note antr fhit mo?fgage, or either; lo pny a~~ nnd sir~~ular the fn.res, assessments, lei~ies, lia6ilities, o6liflalions, and e~cumbronces o/ every nature on said pro- perly; fo permit, c~ommi! or sujfer no u~aste, impairmenf or deleriorafion oj auid Iancl or 1{~e tmproaements thprnon at any timp; fo Ireep the buildin{~s nou~ o? tierna~t.~r o~ .aid la~d )ully in~ure~ tn a sum oj not les~ ~I~a~ Thirty Four Thousand One Hundred Forty Two and---40/100-------------- in a company or companies accppta6le to ihe mortgagee, the pollc-~r o~ poltcies to 6e held by, and paya6le to. sai~ morigage~, anc~ in Ihe enenf any sum oj money becomes ~yo6le by vi?fue o~ suck insumnce !tie mort~agee s~all have the righl to receive nnd apply the same to tl~e tnde6tednes: hereby secured, uccounting to ftie mortgagor ~or any surp~u~: fo pay a~~ cosfa, cha?ges, anc~ Rxpensn~, inc~uding ~au?yer~s ~pea and lit~e t sparclu~s. rpasonahly i~r~irrec~ or paid by I~e mortgngee because o~ ftie ~ai~ure o( the mortgagor to prompl~r an~ ~u~~y comp~y u~ilti I~~v apreements, sfipu~ations, conc~tfions a~c~ cot~ennnfs o( said nofe ane~ t{~i~ morfgnge, or eiil~~r: fo ppr~orm. comply u~ith and a6ide 6y each and e~ery the ngreements, stipu~lions, eondilions and conenanfs sef ~ortti en sai~ nofe anc~ ttiis morfgage or eiitier. ~n fhe evenf ftie morfgagor ~ai~s fo pay u~{~en due any tax, asspsamenf, inswance premium or ofl~er sum of money paya6la? by virtue o~ said note and fhis mortgage, or eiftier, 1{~e morfgagee muy pay f{~e same, wifhouf ~uaiving or a~~ecting fhe option fo lorec~ose ur any oiher ?it~ht herPUn~lpr, ancl a~~ such payments shall bear interesf ~rom date fhereo( al the I~ighest lau~- ~ ~U~ rafe ~~PII Q~~OU~~ ~)y f~P ~AU~3 OJ ~fIP ~~Q~P O` !_~OII~4. 1 Dl any sum of moreey ~erein re~PRP~ IA ~?e nof prompl~y paic~ u~ifhin Ten ~ays next a~fer ~ ~Itie samp becomPS due, or ij eacl~ and enery t6e agreements. stipulations, conditions and covenants o~ said note and Ihis morlyage, or Qittier, are not fully perJormecl, complied u~ilh ,and a6icled by, fl~en t1~e entirr sum mentioned in aai~ notp, and t{~is mortgage, or th e entire ba~ance unpoid fhereon, shal~ f o?1l?with or i I~erea~ter, af ttie option o~ !he motfgag~e, become nn~ tie ~ue and payab~e, anyl~ing in snicr note or herein ~ to t~e confr~ry nofu~if{~slancling. Fai~ure ~?y 1tie morfgagee to exercise any oj the rig~t~ or opfions tierein ~ pro~~ic~~ sha~~ nof ~onsiih~le n waii~er oj any rig~fs or oplions un~er sni~ nofp w f~is rnortgage acrnied or 3 thPrPaJter accruinp. ~ ; Dn ~itness ~hereof~ ttie sai~ morfgagor tias ~PIPIIIIIO St(~IIP~ OII~ tealet~ these presenls ttie I ` r~a~ an~ y~ar Jirsl a~i~e u~riffen. 1 I Signe~. sPa~pcl an~ ~e~irerp~ in th~ pre ence of : " ~ . I . 1 ~ ` ~ } : I ~ . d . _ _ _ Roger W. Dav -s - _ . ~ I i . - . . . _ - CL 4 `~-v ~ ~ . L~..<, ~,L _ . . ~ . .~~P - ; ~ - . ~ ~ - ; ~ Janice H. Davis, his wife . ' ' " ~ ~ i . . ; . _ . . . _ . . - _ _ . _ . _ . . ~ ~ ~ { ~ i i ~ ~ ~ ' ~ ~ I STATE OF Fl.OR[DA~ ~ ~ ~ = GnL'ti'TY OF $t . Lucie ~ a I HEREBY CF.R"tIFY that on this day, betore mq an ~ o(ficer duly authoriz~d in tht Stat~ afor~said and in th~ County aforesaid to tak~ acknowledqments, penonally appeared ~ ~ - ( ~ Roger W. Davis, and janice H. Davis, his wife , ' ~ to m~• known to Fx thr p~•rson S described in and who ~x~cut~d the (or~¢oinq instrum~nt and tI'ley acknowledQed ~ , ~ beforr me that they ~x~cut~d the sam~. ' 3 N'IT\f.SS my hand and o((icial seal in thc County and Statr last afor~said this second d~r ~ ' ~ ~ Auqust A, D. 19 7$ I ~ ( fIlEO AMO aECOR~ED ' " ' ~ ~ Tr FL?• ~ . - _ _ . ~ 51.113C~E COUN l ?OITIIAS • 41GGEf? • ' 1 ~~ENK CIRCi1~T COU . • • . ~ I ~ _t `ra,c,~~ ~ AI I V ?~TAtY P"9~ p ' ~'E `i [l2ti)i- N~,I~ 1 . ^H r.v~~: ~ w~lf,• r IO 10 yl• ."iIM:N'.`.... Y i ' . "v - ` ' . ' = - A~c ~ r~~~. + , i . ~ ~ , ~ ~ d f ' e ~ . ? . I . ~ ~ ~~.~s9 . . , _ ~ ~ ! %%~c Insln~~nr~<< PrrPrrrc~! /y: Shirley J, McSwain j ? ,~~~~~r~ « First National Bank of Fort Pierce ~ Post Office Box 970 g~K PAGf ~ • Fort Pierce, Florida 33450 ~ ~ ~ ~ _ f~ ~ ~f.~ ~ ~ ~ ~ a ; ~ ~ . 1~~~-,-~.~~-~~ ~ n ~ - - Y' ~'f~~~ r _ ~ ~