HomeMy WebLinkAbout0490 anc~ sho~~ per(orm, comply wif~? an~ ntiic~e by encti nnd ea~ery the cigre~manb, alipu~atio?ia, cond~tioni and
eo~~e~ants thareo(, and oj this mo~fgape. tl~en tl~is mwfgags and ths estat• hero6r .created, shall cears, de-
Ivrmins and be nu~~ and i~oid.
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11111~ fhp mortgagor hsn~by (urtl~er co~enants and og?ees fo pay promptly when dw ll~e prlncipal and
Inlereal anc~ olher suma oJ nioney provtded ~o~ in salc~ nole anc~ lhia mo?tgage, or e~ther; to pay a~~ a~ ;
tingu~ar !tie faxea, nsses~menfs, ~evles, Iiabililies, ob~tgafio?u, and encumbravicei o~ every nnlure on intd pro- ;
pe?ly: lo pe?mit, commit or su~~er no u~asle. impairment o~ deteNomt[on o~ znid lund or the improvomenta ~
fhp~rcn af any fime; !o kpeP ihp tiuI~inga now or ~e?wu~te~ on satd bnd /u~~y i?uure~ in a surn o~ not less ~
than highest insurable value ' ~
in n rnmpany o? componies occeptable to Ihe mortgagee, tl~e poltcr o~ poltctes to be held by, ~d ~ynbl. ~
to, aaid mo?tpagee, un~I in the evenl any ~um o~ money becomes ~ya6b 6y utrtue o~ iuc~ lnsuraace 1~u ~
mortgagee shall I~ave ~he rtght to receive and_ apply the awne fo tht inde6tedness here6y aecured, acoounttng !
to f~e morfga{~or ~or nny surp~~u: to pay n~~ rnsts, cha?ges, and expenses, tn~ludt~g bwyer: jees n?uj tit~ ;
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searc6es, reasona6ly incu..~l o~ ~id 6y the mortgagee beoause oj tl~e jailure oj fhe mwl9Qgo~ to promptlr ~
and ju~~y comp~y wtfh f~e agrepmenls, stipu~alions, concritions and covennnfs o~ snic~ note and thit morfgagt. ~
` or eithe~: fo pe?Jorm, comply wifk and a6ide 6y enck and euery fhe ngreemenls, sfipu~ntions. rnndifiona nnd #
rnvennnts set Jorth in said note nnd lhta mo?tgage or eill~er. ln the event tke mo?tgagor fnils to pay wken
due any tax, assessment, insumnce premiun~ or other sum of money pnyn6le 6y vt?ttae o~ said note and t1~b
morlgage, or eitf~er, lhe mortgag~+e may pny !he same, without wniving or alJecfing t~e opfton to ~orec~ost
or any other righi herpunder, and nll such payments shnll 6ear tnterest jrom date Ihereof at tl~e 6lgbest law-
~ul mie ihen allowed by t{~e laws o( the Stafe o/ Florida.
~L nny sum o/ ~monPy herein rc!Ferred to 6e not promptly paid within 30 days next a~fer
ftie same becomes due, or i~ eac{~ and every f/~e agreemenfs, stipu~nfions, conc~Itions and co~enantt o~ saic~
note and t{~ie mo~tgnge, or eitl~er, are not (ully perf
ormed, complied with and n6~ded 6y, tl~en the entire
sum mentioned in said no1e, nnd tl~is morlgage, the entire 6alance unpad thereon, shu![ /ortkwith or
therenf ter, ut 1he option oJ 1he mo?tgagee. 6ecome and be due nnd pnya6le, anything in aaid note or kersin
fo Itie contr+ary notwithstanc~ing. Fai~ure by !~e mortgagee to exercise any of the righls or options ~erein
proi~ided stin~~ not constitutp a u~ainer o~ any. rig{~fs or opfions under snid nole or fhis mortgnge accrued o~
t~ereaJler aecruing.
~n ~~lll~ ~~Ol~ ihe saicl morlgagor has hereunio si,qned nnd sealecl lhese presenls ll~e
day nn~ year jirst atione wriften.
Signed, sealed and t~eli~~ered in t~e prnsencp o~: ~
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- - ~.._.G"t~-s-?
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~ ~ WILLIAM F. JOHNSON ' >
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, ~iENRIETT B . JOHN~N
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~ STATE OF FLORIDA.
CoUNTV c~F St. Lucie
g ~ I HEREBY CERTIFY that o~ this day, be(ore me, an
~ o(ficer duly authorized in the State atoresaid and in the County afor~said to tak~ acknowledqments, penonally appearcd
~ WILLIAM F. 30HNSON and HENRIETTA B. JOHNSON, his wife,
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~ ~ to me known to be the pe~non $ described in and who uecuted the foreqoinq instrument and wh~ acknowkdged
~ ~ Ixfore me that they exccuted the same.
~ ~ H'I7:~tESS my hand and official seal in thc County and Statr last aforesaid this jSt day o(
.Ianuary A. D. 19 79.
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NOTARY C
~ FIL~D ~t~'~ R~CORDED~
~ . E s C U t: TY, FLA ~Atr NAIIC fTAlt af RrOtIQiA AT u0
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tY (AIAMISyQi p~IRES i~ql/ 1• i~~2 ;
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