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HomeMy WebLinkAbout0305 f - nn~f :h~lt n~./o~m: complv u~it1~ nn~ Rbide by ra~-1~ a?u! r~~ ~1~.• u~re«m«r~ts. stiNulatioris. cnrulitions and co~~~nnnis ({IPlM)~. and oJ fhis mor~~~ns~e. IhPn this mu~If~a~e and the estale ~P~P~y ~re~ated. shalt ce~ase. de- { t ~ le~mine an~ fie nu~~ an~~ ooi~~. j { ~n~ 1~~~ murfgaf~o~ ~~~mtiy ~u?1~~er COI'PIIQIIIS ana agrees tu pay promplly when due Ihe p~incipal and ~ infernsl an~ of~~er sums of mon~y provi~Ie~J /or in sai~ nofe onc~ ftits mortgage, or etiher, fo pay a~~ and ~ singular Il~e t~x~s, ass~ssm~•nls, IPI~IPS, li~hiliti~s, u6lif~alions, and encumbrances of eve?y nalwe on sald pro- perly; lo permif. commif or suf f~~ no wasfe, impairmenf or c~elerioraiion o~ sai~ ~and or Ihe improvemenfa fh~m~n oi any limP; fo Iri•Pp t~~e bui~tlin~s nou? or l~erea(ler on snicl Iantl ~ul~y ins~u~e~ in a sum oJ no1 less ~h~n full insurable value or balance due hereon in n com~xiny or ~•ompani~s ACCP~)IO~IP lo Itir mo~tfla~~e, Ihe po~icy o~ po~icies to be hptd by, antr pnyab~e to, s~itl mortgag~e, mur in ftie e~~enf nny sum o~ mon~y ~comea payable 6y virlue o~ such tnsurance fhp morit~~c~~~e shall have Ih~ ric~~f fo r~ceivp and apply tf~e some to t1~e inde6ledreess here6y secured, accounting to t{~~ morf~a~~or (or any su~p~~~s: fo pay a~~ cosls, ctia?pes, and expenses, inc~uc~ing ~awyer~a ~eea ant~ tif~e ~ s~arc~~~s. rnasona~~~y inc~ure~~ or pai~~ ~~y f~~e morlgag~e tiecause oJ 1{~e ~ai~ure o~ Ihe morlgaflor lo prompf~y j ancl ~u~~y romply u~ifl~ I~~P ayreomc~nfs, sfipu~alions, con~~ilions antl covenanfs oJ said nofe pnd this morlgage, ~ or ~il~~e~r; fo per~orm, comply tritl~ antl a6ide by ench ancl every II~e agreemenfs, sfipulnfions, condifioru and { coa~nants set ~oNh in saic~ nofe and ftiis mortgage or eit~er. ~n !{~e Fvent fhe mortgagor ~ai~.s lo pay w~en = du~ any tax, assessm~~nt, insuran~e prPmium or other sum oJ money paya6~e 6y t~irtue of said note and lhis ~ morf~agP, or eil~~er, I~~e morfgac~ee may puy the same, u~il~out waiving or a(lecfing fhe opfion to (orec~ose ~ or any otl~e~ ri~tl~f I~er~wul~r, nnd al~ such payments shall 6ear inlerest ~rom date tF~ereo~ at Ihe {~ighest ~aw- ~ ~ul rate 11~~n allou,e~l hy Il~e lau,s of flie State o~ Florirla. , ~ ~ ~f , a?ry sum u~ mon~v ~~Nrnin re~vrrc~ fo I~e not promplly paic~ within fifteen . duys next a~fer ~ i~u• sam~ {,~com~s c~u~, or i( eac{~ anc~ enery 1{~e agrPemenfs, slipulafions, conclitions anc~ covenanla o~ saic~ notp and this morl~~agP, or ~it~er, are not fully per~ornipd, campliecl wilh and a6~ded 6y, tl~en fhe entire ' sum mPnfioned in said nof~, and Il~is mort a or the entire balance un aid thereon, shal~ ~ ~ fl g p jorltiwith or IhereaJler, al Ih~ opfion o( Ihe mort~a~P~, I~~ome on~ he due and paya6le, anyfhing in sai~ note or herein ~ fo !ho conlra?y nolu~il~~slanr~inq. ~~ai~uri~ ~~y 1~~~ morfga~ee fo ~xercise any oj the righls or _opfior~t ~erein proi~i~~~<< s~~~(~ not ~onsfitufP a u~~ii~c~r o~ any rig~~is or opfions un~pr sai~ nofe or f{~is mortgage nccruea or ` 1 I~~~r~a(I~r a~c•ruiny. ~n ~~~n~s ~hereof~ I/~P snirl morf~~ayor I~ns I~PrPtu~fo sic~netl and seal~ thPSe presenfs IhP r~aV an~~ y~ar jirsl a~~oi~e u~riffen. Siqn~t~. s~a~~~~ an~~ c~~~ii~~rnc~ in I~i~ prc~s~•nr~~ oJ: , % V ` C . . . ~ . . _ _ - - - ~ ~ : bAVID RI HES ~ - . . _ . . _ . _ ~ - ~ L,~'~ ~-f~ _ . .e,.sL . . . _ . _ . c ~ . ~ c~_~.:~~ ARAH YA~~ RICI~ESON ~ - . ~ _ - - . _ _ _ . _ - - ~ , 1 STATE OF FI.ORIDA, ` cc~~-~TV c~F ST. LUCIE ~ ( I HEREBY CERTIFY that on this day~ betore me, an ~ offircr dul~• authorized in th~ Stat~ afor~said and in th~ C.ountp a(oresaid to tak~ acknowledqments, prrsonally apprared J. DAVID RICHESON and SARAH YATES RICHESON, his wife, ' to m~• known to hr th~• prrson S descritxd in and who fXfCUlfd the (orcRoinq instrum~nt and they acknowledged Ix~for~~ tnc ~hat they ~x~cuted th~ same. ` ~~'I"l~\ESS mp hand and official seal in th~• C:ounty and Stat~• last a(oresaid this ~3 ° day oI ; ZI3 W i , January A. D. 19 79 - 1 , • - - ~ ~ ~ . _ . , . _ = ' - _ - - - - - ~ - _ . ~ - ~ NOTARY P LIC ; ; . . ~ ; t 4~~~ ; ~ : s _ My Commission Expires: ' f 9 . . 8 ~'~I : 6 q- L l~QTARY DVgI~C STATf Of flc?RID~ Af I~.RC~ ~ Mr ccN~u~~ss~or~ Exvi~ES ocr . we~ . J 60NOE0 iNRUI"iENER/1111V5 UNDERd+l0.1iERS . I ~ , - 1 _ _ I I ~ c~ 1 J~,~ h~s~rr~~»~» i pr~p„rJ hy: EDGAR A. BROWN , ESQUIRE $DflK JO,~ ~'r;E ~mr i v~tl Addrr.u ~ P. 0. Box 4382 Ft. Pierce, Florida 33450 ; . ~ `x:~ ~ ~ ~a, . _ . _ . _ _ > ; A~. _ _ _ ~ . ~ . ~ - _ . W.~~ ~ ~ ~