HomeMy WebLinkAbout0831 nn~~ shnll p~~r~orm, ~•omp~y will~ an~ a6Jcre ~y eac~ und every l~?e agreemenft, sHpu~afioni, conc~illont and •
COI~PIIGIIIJ I~~ere~~, a~~c~ o( 1~~is murlgape. f~en Itiia mortpage and Il~e esfafe tie?rby ~reofec~. iha~~ cpass. d~-
fermine antl IN null nn~~ ~~oic~.
T11~ f~N mo?Iflaf~or ~~r?i'tiY ~urfhc~ cover~onls and agrees to pay promplly wl~en due th~ prlnctpol ond
inlernsl and of~~e~ sum~ o~ money proi~i~~c~ (or in saic~ note and th4 morfgage, or eifher, fo poy a~~ and
stngu~ar Ihe fnxes, ass~ssmenla, IPVIPJ, ~lahi~ilies, ob~ttiationt, and encum6rancei o~ every nafure on satd pro-
pprly; fo pe~mif, commi/ or su(~er no u~aafe, lmpairment or clefe+?torafton o~ said ~and or fhs improvemenfs
I~Nrw•n n1 a~~v lim~: to ~~•Pp Ih~ 6uildtn~s nou~ o~ hernafl~r on said land /ully tnsured in a sum o~ not less
1~an
in a c-am~~ny or ~~ompani~s ncc~•p1a~~~e lo Il~e mortgapee, the po~tcy o~ pu~(cies to E~ hpld 6y, antr paya~~e
to, sai~ morlpa~~~e, anc~ in ftie .~t~enf nny sum o~ monoy becomes paya6~e ~?y virlue of suc{~ insurance !he
morfga~Pe shall hare the ?ig~1 to recpii~p and apply tl~e same to the inde6tedneas here6y recured, acrnunting ~
to the morina~or ~or any su?plus; lo pay a1( costs, chnrges, and expenaes, tncluding lawyer's jees and tttle
sea?rh~s. ~easona6~y incu?rrc~ or paid 6y the morfgagee I1EK'pt1SP of t~e (ai~ure o~ Ihe morfgagor to prompf~r
an~ ~e~~~y comp~v u~i11~ Ihe agrenm~nts, sttpu~afions, condiliona and eovennnts o~ said nofe nna l~is morfgage.
or eill~er: 1o pprjorm, ~omply wif/~ and ubide Fiy each ancl every !he agreeme~ts, ~tipulationa, rnnditions nnd =
covenanls sel jo~t/~ in sai~ note and ttits morfgage or etlher. /n fhe rvenf ftie morfgcgor ~ai~s fo pay when
due any tar, assessment, insuran~e premium or other sum of money payab~e by oirtue o~ saic~ nole and fhis
mo?fpape, o~ .eil~~er, f~ie morfga~ee may pay fl~e same, wif{~out u~nivtng or ajfecfi~g fhe option to ~orec~ose
or unv of~er rig~~t F~erpun~er, an~~ a~~ sucl~ paqments sl~all 6ear interest from ~a1e fherro~ af the hig~esl ~au~-
~uI mle then allo~ued I,v Ihe lau~s o~ the Statp o/ Florida.
~ny sum oJ mon~v ~~erein rp(err~c~ to he nof prompl~y paid milhin _ 30 ~ays next njter
fh~ sam~ ~~rcomrs c~ue, o~ i~ eoc{~ an~ ~i~ery Ihe a,yreempnls, slipu~afions, conc~ifions an~ covenanfs oF saie~
note and Il~is morlga~~e, or ~it~er, are nol /u~iy perjormpd, complied with nnd a6ideel by, tl~en 1he entire
ium menfioned in said notc, and fl~is mort~age, or 11~ e entire 6a~ance unpaid thereon, sf?al~ ~ort{~witk or ~
f{~ertMjter, nt fhe opfion o~ 1~ip ?nortflagee, hPCOme and 6e due ond paya6[e, nnyfhing in saia note w~erein
fo fti~ ~oufr~ry notu~illislantlin,y. Failurc• {~y tf~e mort~aget? to ~xercise any oj fhe ri~~fs or optfons ~erei?i
pro~•ic~ea~ s~~a~l nuf co~~slilufP n u~ait~er o~ any ri~~~ls or oplions und.•r sai~ nofe or this morfgage accrue~~ or
f~~i~rnn~l~r nt-cruint~.
~n ~itness ~~~0~~ ~~I(~ cp1(I morfg~qor ~lpS I~erPUnto si,ynecl antl s~ale~ f{~ese presents ~IIP
! (~(l~• A/I(~ V('(If ~IfS~ f1~01~P IP~~~~PII.
$ic~n~~. sea~~~~ an~ ~r•~i~~~rc~~ in f~~~ pr ~nc~ o~: ~ ~ A
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~ ~ STATE ()P Fl.()RIDA, ~
~ COl'XTY ( )F ST . I,UCIE ~
~ i I HEREBY CERTIFY that on this day, be(ore me. an
~ ~ of(i~er duly authoriz~d in th~ Stat~ aforesaid and in the County afor~said to takr acknowledqmentt~ penon~111~r appearcd
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~ ~ HOYT C. MJRPHY, SR. AND HOYT C. MURPHY ~
' I to m~- known to Fx th~ prrwnS describrd in anct who ex~~uted th~ (or~qoin~ i~strument and ~,~tcl~ ted ed z
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.eY' ~to•± R
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~ I Imforr m~• that they cxccuted the same_ `~r ~
s i ~~'IT\ESS m~• hand and o(ficial xal in th~ County and Statr last a(oresaid this aay o(
~ ~ March A. D. 19~T9 . ~
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= I _ Not~ry P~id;c. State o1 Fiaids at l~rye ,
i ~ ~•,?~.yO~ t,1y Commission Exqres lan. 25, 1982
'?a . - y~ ~ t .:~1 !r atu.-,. i..e ! Cr._.n Cr
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~ ?his Irutniment Prepared Byc
: ' %%ri~ IlISh7/!/lf!// f)!7'flllR[I I?y: R. David Shumatl, ORP. I
; ; I ~,pWYERS TITLE INS. C `t i~ ~ p '
; ,1 J~lnx~ 321 South 2nd Sheet ~~'G"• ~U~ ''p~;E Ot~O ~
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~ Fort Pierce, Ha. 33450
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