HomeMy WebLinkAbout0294 and ~hall per(o?m. ~o,~Ply Wt~h a?id a6tde by ~1~ and et~ery fhs agroente~fi, dlpu~nlton's. rnndltiona and '
eorennnts Ihe?eoJ. and of th1: morlgap~, Il~en Ihb mort9aBa n~d ths e~tale hs..6y c~+eated, tha!! ceaa~, d~-
• Ir?mine and.6e null and ~~oid. '
~ fhp mu?Iganor hPn~by (w11~er rnvenanf= and agrees to puy promptly when dus tks prinNpa~ a?u~
inte~+esl and ot~er sums o~ maney provtdec~ lor in ~atc~ nofs aru~ fhis mortgage, o? stfher; fo poy au and
aingu~ur Ihs fa.rps, assessmnnfs, ~evies, Iia6lltlies, ob~lgattons, and encum5mnc~ea o~ every nalure on said pro-
pP?ly: fo permit, commil o~ au(~c~ no u?asfe, tnywirme~~! or dafertorafion oj tnid ~anc~ o~ tha tmprovementt
Il~prrcn af any fime: fo Iteep the 6ulldings now or herra~ler on aald la~d ju~~y Iruiu~ed t~ a aum o~ nof ~ess .
~ ~?~a~ the principal balance due under this mortgage.
in a company o~ c~ompanies accepta6le to the mortgagee, !6e policy or poltcte~ to 6. held 6y, and ~ya6b
to, iatc~ morfpag~?e, an~ in t{~e ee?enl any sum o~ money 6ecomes ~ya6[~ 6y virtue ol iuch tnauranre !{~s
mo?fgagc?p s{~a~~ tiaiK? l1~e rifltit to rereive and aPply ~h.:a~. to ~?~e t~de6redne,: he~by .~w+~d. nceounting
fo 1{~p mortga~or ~ot any ~urplus; fo pay a~~ cosfs, chargei, and expentet, inc~ucling ~uwyers lees antj tit~e
seanl~es. ?vasonu6ly ~n~~~Rpd w. patd 6y ~h. mo.tgaApe 6ecause o~ .t1~e ~uilure oJ the mort9a9or to pro~npllr
and ~uliy co?nply u~ith the agreemenfs, stipulationa, conditions and eovenanis o~ aaid note and lhis niort9ags.
or eit~~er: to per~orm, comply with and a6ide 6y eac6 and every the agreements. adpu~attons, c~ondtfioru and
rnvenants set ~ort{~ in satd nole nnd this mortgage or e~ther. Tn the event the mortgogor (nib to poy wl~sn
c~ue any tax, asseasmenf, insumnce premtum or ofher sum o( money pnya6le 6y virtue o~ saic~ note ond t~is
mo?tgage, or eit/ier, the mortgagee may pnq I~e aane, wltkout wnlving or af~ecttng fhe oplion !o ~orec~ose
or a~y other rtght herPU~ider, and all such payment: ahall 6ear Interest /rom dale tl~ereo( at the I~tghea! law-
(ul rate 16en allou•ecl hy 11~e ln~rs o~ thn Sfnte oj Floridn. ' _
~l any sum o! money tiprein re(erred to be not prompt~y paid wifhin lrj c~ay~ next nlfer
f{~e same hecomes c~ue, or i~ eac~ and euery~ f~e agreements, sftpu~attons, rnnc~ilions ancr covenanls o~ sntd
note and tl~is mo~lgaye, or PIIrIP~, ore not /ully per~ormetl, complied tuith and ab~ded 6y, then t6e entire
sum mentioned in said note, and tl~is morlgagp, or 1he enfir+e 6alartce unpaid t6ereon: sholl ~orthwith or
f~erea~ter, at !h~ option o~ t~~e ?norfgngea, 6ecome an~/ 6e ~ue and pnyn~~e, an7rt~ing in aatc~ note or {~erein '
fo f~e cont~ry no~u•ilhslanding. Faili~e 6y the morlgagee !o exer+ci~e any o~ ftie rightt or opttona ~e?etn
pnnnic~ed stia~~ nof consfilufe n u~ainer o~ any rig~ls or options under satcr note or ttiis mortgage accrued or
f{~prea~ler acc?uinfl. . .
~n ~~!ll~s ~IK`[~{~ ftie saic~ morfgagor hns herrunlo signe~ an~ sen~ f~ese presenis fhe
c~ay an~ year (irsl nbone « ~rillen.
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$ign ec~ a n t~e pr~spnce o~: ~ -
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Sandra H. Fradd
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~ STATE OF FLORIDA. ~
~ c~LT~'rv c~F ST . LUC IE
~ r, . I HEItEBY CERTIFY that on this day. before me~ an
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offi~er duly authorized in the Stat~ atoresaid and in the County aforesaid to wlcr acknowledgments~ personally appeared
~ JOHN E. FRADD, JR. and SANDRA H. FRADD, his wife
to me known to be the person 3 drscribed in and who executcd the (orrqoinq instrument and they acknowkd~ed
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~ - heforr mc that theye:ecuted the same.
~ W17'tiESS my hand and otficial seal in thc County and Statc last aforesaid thu /~i ~ day ot
~ January A. D. 19 79.
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~ ~ : _ i, T , Notary lic , State of Florida
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~ ~ ~ _ ~ - 4316y2 I~iy Co~mmi.ssion Expires :
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R ~ ~ '79 ~ 3 PM 3 : U y ~1~. ~,a~c ~e ar *os~r. ~rr w~
~ _ , Mr c,ow~~ r~ ND~r. r IN!
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` I7irs l,wru~»E„~ p,rparr~/ by0. MICHAEL BRENNAN
` D15 DEtAWARE AVENUE 80C~ PACE ~
5 A~IJrr~u EORT. PIERCE~ FL 3345Q
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