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HomeMy WebLinkAbout0163 and ahall pe?(orm, rnmply with and a6ids 6y each and eoery IRe agreementt, atipulatloris, conditio~a and corenants thereo~, ond oJ lhi~ mortga~e, I?~en tl~u mortao~e and ths eitats f~ere6y rnwted, ihall ceasa, d~- le~mtne and 6e nu11 ond votd. ~ ~i1N~ I~p morfga~or I~ereby (urfher covenanfs and ag?eNS to poy prompl~y when ~Iu~ fhe princtpal nnd interea! and ofher sums o( money providec~ ~o~ in saic~ rtofe and this moNgage, or eifke?; to pay a~~ nnd aingular the la.res, iusessments, Ievies. Iia6il~tiea, oblipaftona, and encum6cnnces oJ euery nnlurs on sa~d pro- perly; fo permtf, commtf o~ auJler no u~asfe, impuirmenf or defe?io?atIon of sald Innd o~ ttie tmprouernenb Il~Prrcn at any ttme; to RPP~ ~~P 6itildl?~~s now o~ I~erea(tM on said land jully insured .In a sum o( nol le~s ~han the principal amount due under this mortgage, in a campany o~ companies accPplQb~r fo fhe mortgaflee, fhp polfcy or poltcies to 6e he[d 6y, and pnya6le fo, saia morlgagee, an~ in ~e euent any su?n o~ money bec~omes ~xiya6l~ 6y virtue of such tntw~ance ttie . morlgagee :ha!! ha~~a f~e rlgF~t to'receivP antl opply tF~e snme to the indebtedness here6y s~?cured, accounfing fo t~e mortganor ~o~ any surplus: !o ~wy a~~ rosts, cha~es, and expenses, inc~uding ~awye~~s ~eea and lit~e searches. ~pasona6ly incum~c~ or p~~d 6y thp morfgagee ~!cn~ue oj the jailure o( thp morfgagor fo prompf~r anc~ ~u~~y romply u~if~ fhe agrnemenfs, sflpu~ntions, con~itions ancr rnvennnfs o~ said note an~ fhis mortgage. or eif{~er: to per(o?m, comply with nnd a6ide by eac1~ and euery ftie ngreemenfs, sfipu~ations, conditions and conenanls set Jorfh in said nofe anc~ fhis morfgage or eit~er. ~n ttie ewent !he morfgngo~ (ai~a to pny wtien due nny tax, assessmenf. insurance premium o~ o1F~er sum o( money pnya6le 6y virfue o~ said nofe anc~ this morfgoge, o~ eitl~er, the morlgage~e may pay f{~e same. wif~out wniving or aj~ecting the opfion fo ~orec~ose or any oli~er riry{~t {~Prpunder, and all sucl~ paymenfs shall bear interest Jrom dnte thereo~ at Ibe f~ighest law- ~u~ rnte 1{ien-a~~ou~ec~ hy f~p ~au~s o( t~P Statp o~ F~oricra. ~ any sum oJ money {ierein re(erret~ fo he nof promPf~y pait~ wit~in fifteen ~ays nexf n~ter fl~e samp 6e~omps due, or i~ each an~ every II~e ap~eempnls: stipulafions, conc/ilions and coi~enanls o/ said note nne~ Ihis morlga~~e, or eifher, are no! (ully per~ormpd, comp~ie~I witl~ anc~ abic~ec~ by, t{~pn tf~v pntire sum mentioned in said note, and Ihis mortgage, or tl~e enlirp balance unpnid thereon, sl~all Jorlhwilh or t~erea~fer, at fhc~ opfion o~ f~e morfgaflee, become ancl 6e due an~I payable, anqfhing in saic~ note or ~erein fo I~e contrary notu~iflistanding. FailurP 6y thp mortgagee fo pxercise any o~ t~e rig~ts or opfions {~erein pronided s~a~~ nof rnnstil~~le a u+ait+er oj uny ric~hls or opfions ~~nc~er saic~ nofp or t~is mortgage accrueJ or f{~erea~ter accruing. ' ~n ~~LII~ ~~~1~ the said mort,yagor l~aa I~e?eunto signe~l and seale~l tkese presenls the cray anc~ year ~irsl a~oi~e u~ritlen. Signed.~Itd and delii~pred in the presencp of : + - s f/G-~...'-~- . - - - • • e._.. ~ ~ 1 : . Alvin Mic Davis / ~ . ~ _ ~ ----~~G-U---. ~ - - - , ~ ' - - ~ . - . ~ ~ i . i - ~ STATE OF FLORIDA~ ~ COUNTY nF St . Lucie I HEREBY CER'I'IFY that on this day. before me. aa a • ~ of(icer auly authoriz~d in the State a(orcsaid and in the County aforesaid to tak~ acknowkdgments, personally appesred ALVIN MICKEY DAVIS ' to me known to be the {xnon described in and who ezecuted the tor~qoinq instrument and he acknowkd~qed ~~~jme ~hac he ~x«„c~a che same. . 'NESS m hand and o(ficial seal in thc Gount and Statc last aforesaid this ' . ~~a Y Y day o( ~ '~ti~•~t• A. D. 19 ' ~ v.~ :~~Ce,~b~r 78. - ~ C ~T _ _ . ~ = ~ , c.~ : L) . ~ ; ; . c.rP/ G-CJ 4 `G J 'y i- . ~ -=~/J . - T~EO ~ECOROEO . . ~ , G~.~ S. IUC~E cOUMTT f~A. I~IOTARY PUBLIC, STATE OF ~'IDItIOA AT I~ ~ ~~?'i~ ~ V?~~- . : - t~.^Ea nr':~TRe$ Y .~I: •~I~~i`~ •f - . ~ ,ql'. , . ~j~ "^v~ My commnission expires ~c~/-~~ ~ J j. t' . . . ' ~ ~ S~P 19 9 ai RN'78 ' ~ ~ ~ 41f3541 ~ %%if l~cunin~~n~ prrparr-~! by: LEE E. MUSCHOTT , ESQUIRE r~ p ~ ~ ,1~1,/n:c~ , 715 Delaware Avenue -t.~~ p^~ 1~ ~ Fort Pierce, FL 33450 - ~ h ; , . ~ _ - _ ~ ~ a z~ ~ _ ~ ~ ~ ~ _