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HomeMy WebLinkAbout0838 ~ onr~ s~a~~ pe?{orm, oomp~y wtth and d~td~ by oacl~ and ev~r t~~ oprwm~nts. ~tipu~allona, condltio?u and rnt~enants t6rreo~, and oj thts mort~aQe. 11~en Ihti mwtgoge und th~ e~lat~ 1?en6y c?sated, ~I~nll c~u~, d~- t~rmtne and bs n~~ll and iwid. T11iY t~s mortgogor l~eruby f urfl?er ouveaanta and agnea to pay prompt~r whm dw tk~ principal and int~nc?a! aRd olher sums o~ rnoney provided jor in sald not~ and ttiia mo~lgag~, or ~ithw~: !o pay c~~ ond aingu~ur I~e taxes, assessmenti, ~evies. Iia6tlitiea, ob~tgaftona, and oncum~+an~ea o( sver~ natun on ~atd pro- pe?~y: fo pe~nil, commlt or.au~(er ~o wwle, impairmeni or deteriorntion oj said ~ar?d or f~~ irnprouemenb f~ereon at any time; !o keep !he 6uilcli~pa now o~ herro(ter on sutd Iand /ul~y Irwu+~ed t~ n~wn o~ nof lert ~ ~Ran f ull insurable value „ . - - ~..~a 1,,._ .....1 .~.~bb in n rnmpnny or companies acceptaote ~o ine mu.iyue.~, ::.o r~::::__ _ ~ to. tnid nwMgagee, nnc~ in Ihe event any swn o( money becomer ~yabl~ 6r ~bfus b~ such truurann t~t niorfgagee ~~a~~ ~ave fke right [o receive and apply t1~e iame to tlie Inde6tedneu I~ere6y sec~ued, aceounttnp to the morfgagor ~or any su?plus; !o pay o~~ cost:, charges, and expPnses. tnc~udtng ~uwyer i(ees and Nt~e searches, ?easona~~p incumcl or paid by fhe rnorfgagee because oj tke (ai~ure oJ the mortgagoc to prompt~y arad ~utly ~mply W~~I, thB o9~Men~s, sttpu~atlona. ~o.~duton, and ~o~en~a oJ aaid note and t1~is ~nortgoe~. or ett~?er; to perform, comply wtth and nbtde by each and euery the ugreements, itipu~utions, condittona and c~ouenanlt set fo?f/~ in snid note anc~ t~ts mortgage or either. ~n l~e event the ~nortgagor (~t4 to Poy w~n ~ due any tax, assessment, insuranoe premtum or other sum o~ money payable by virtue of satd note and thii mortgage, or eit~er, f~e ~no?lgagee mny pny tha same, wtthout walutng. o~ a(~eeting the opfton to ~onc~oa~ or any otf~er ri9ht I~ereunder, and aU sucli pay~nents slwil bear tnterest jront dote ther~eoj at t)ee I~tghest Inw- ~uI rale t1~en allowed by tl~e taws o/ the Stnte o~ Flw~da. any swn o# money ~erein rejerred to ~ie not p~~tly urtt~i~t ~5 ~a~rs nEart n~ter the iame decomes due, or if eac~i aad every fhe agreementa, sttpu~attons. rnnditlona a+tc~ ooveru~b of mid note and t1~ia mo~tgage, o~ either, are not /u[ly pe?~ormed, eornplied with artd Q6td~d 6y. l6en -the entirt ~utrt mentionec{ in said nofe, nnc~ this mortgage, or the entti+e ba~anoe unpaid theneon. s~ forthwif~ or thee~jter, a[ the optton o~ fhe morfgagee, b~.b,~,e ~d 6. d~ ~d ixi~61~, anyl~ing~tn said note or ~eretn to !~e confr+nrq notwithstandireg. Fatlure by f{~e mortgages to exenctse any o~ t~ rig~ts or options ~?mtn proule~ed aha~~ nof consti/eife a waiuer oj any ~tghts o~ oplions under said nole or I~is mortgage at~crued or t/~eneaffer accruing. F ~n ~lLll~ ~,~[`L~`~ t~e said morfgagor has hereunto signec~ and sea~ these presenb t~e day nnd yenr Jirst nboue writfen. _ ~ ~ $fgned, sea~ artd c1ellveretl in tl~e presence o): y ul ~ , • • ----•--••'-~~x~zfi7t---" _ ~ - ~ • -f- - ~ - ~ /.'~I - - - - tn~r . LV .7-iM-.- --~tiC~ ~ STATE OF FLORIDA, ~ " oF m k~-~n ~ I HEREBY CERTIFY thac oo d?u dar~ before me. an ' - ; officer duly authorited in the State a[oresaid and in tht Couaty atore~aid W take acknowkd6menes, pasonaUy appeared LETHER SAPP, and LOIS M. SAPP, his wife, to me known to be the perwns descn'bed in and who uecuted the toresoin~ in:trument. and th~'-Y acknowkd~ed be[orc me that they~K~ua c~ saa~e. WITNESS my hand and dGcial seal in ttu Couaty an~ t~ id this ~ 5~ da~ o( Al1c3USt A. D. 19 ~ 8. t ' ~ - ~ ; f1LEfl AMD REC~qOE 7 ~ ~ • ~ ~ ~ . st• LUCIE COUN r fi ~ ' - ~ , . R;ct-~ ?osTR~S i-- ` . • . c,_- ~ . .~1~~ c~u~~ - - otar . . ~ tate of Flo ' at Large (NOTARY; SEAI,) ~ ~ ; 1~ 1. aH ~Q My Commission Expires:~r,l I~~1`~~ . ; c. , i - - ~ss~s - S Robert F. McRoberts, Jr. Suite 301, Stuart National Bank Bldg. 77ru I,utrumrnt ad b: 301 E. Ocean Blv~. P^~PiQ y P. O. Drawer 6 Addrrn Stuart, Florida 33494 ~ ~ ~ ~ - . . ~ - - ~ - . - ~ .,.-..._~..1 , ir~c,.-