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HomeMy WebLinkAbout0728 i I and shall perJorm, rnmply u~itF, and n6ide 6y euch and every the agreements, atipulatto~i, rnndtttons and eo~~enanis ftiereoJ. and of ffiis morfpape, I~en Ihis morlgage and tl~e eslafe {~ere6y c?~al~, s~o~~ cease, de- 1e?mi?ie a~~d 6e null and void. - Ii1L~ ttip mo~tgo~or {~erc+by Jurf~er covenanfs and agrees to pay promp~ly when due the prtncipal and i~teresl anc~ ofher sums o~ moi~ey provi~ed ~oi in aaie~ note and fhis mwlgage, or eit{~e~; !o pay a~~ and singular ~he Ia.res. assessmenta, IPV~PS, lia6ililies, o6lignlions, and encum6?ances o~ every noture on satd pro- perly; fo permif, commit or su~~er no waste, impairment o~ deferioralion o~ said ~and or the improvementa therecn ai any time; fo kPep flee huildin~s now or he?ea(t~r on said land ~ully insured tn a sum oJ not less ~I~an -----------------------full insurable value--~-------------------------------- in a compuriy or ~~ompanies ac-ceplable to the morlgage~e, the policy o~ pollcies to be heW by, and payu6le io, said mortgageP, and in fhe enent any sum oJ money 6ecomes payable 6y vtrlue o~ such iruurance the mort~agee stioll f~ane Ihe right Io receioe and apply Ihe same to the Inde6tedness here6y secured, amounting ' fo t~e mortganor jor any surpliu: lo pay a~~ costs, c{~orges, and expenses, inc~udtng Iawyer s.~ees and itl~e searc{~~s. ~easonn6ly incii..~l or ~~d 6y thp motigagee because of the Jai~ure oj ttie mortgagor to pronipf~r and jullv c•omply u~ilh fhe agreemer~ts, sttpulations. Mndifions and covenants oj said nole and Il~is mortgags. or eilf~er; fo per~orm, comply with and a6ide by eac1~ anc~ every ttie agreemenfs, stipu~ations, conditions and cone~anfs sef jorlh In saic~ ~ote and ttiis mortgnge or either. ~n fhe evenf fhe mo?fgagor fai~.s to puy when due any ta.r, assessmenf, insurance premium or of~er sum oj money paya6le 6y virtue o~ snid note and f~is mortgage, or eittier. l~~e mortgagec~ may pay I~e same, withou! wuiving or aj~ecting the oplion to Jorec~ose or any otl~e~ ric~ht tierpunder, and alI suc1~ payments sl~all 6ear interesl (rom dnte thereoJ ot 1he hig~es! luu?- (u~ rale Ili~n allou~ecl by i1~e Tau» o~ tl~e Sfafp o~ Florida. ll nuy ~um of mon~v ~iprein re~enc~ to he not prompt~y paid wilhin thirty (30) days next u~ler IhP same 6~comPS du~, or ij each and ~rery Ihe agreements, stipulations, conditions and covenanls of saicl note ~nd Ihis mort~a<~~, or ~i1h~r, arp nol ~ully perjormed, compliecl wilh nne~ a6~ded 6y, then Ihe enfire sum mentionec~ in said note, and tl~is mortgage, or the entire balance unpaicr fhereon, shall (orlhwith or Itierpajfer, at fti~ oplion o( I~~e morfgarye~. hecome and 6e t~ue and pnya6le, anyltii~g in snic~ note or herein fo iti~ contrary nofu~if{~sfancling. I'nilurp ~?y t{~e mort~agee fo exercise any o~ ftie rig~ts or options {~erein pro~~ie~M~ s{ia~~ nof conctilufP a u•ai~~Pr o~ any riryhts or opfions. unc~er sai~ nofe or f{~is morfgage accrue~~ or I~~~r~a~f~r a~-cruing. ~ ~n ~itness ~hereof~ f~u~ sai~I morl~ac~or ~~~s I~erPUnfo si~ne~I nnc~ sea~ec~ t~ese presents Ihp I ~~ay an~~ y~nr jirsl ~f?ore u~rillen. I Signp~. sea~Pt~ an~ ~~e~ir~r~~~ in l~~~ pr~s~•ncN o~: . `IC~~~~ _ . G/`~~~"`S~- - - - ' . . . .-~LGt'L-...- , JAMES P. ; - . . . ~ - - - . i - - - - - ~ ~ _ . . - - - - - - - - - - - , - _ _ _ . . . ~ . . - _ . . . - . _ - - ~ - - - i ~ ~ 1 j ~ € ST.4TE OF IO ~ ` CITY OF WORTHINGTON I}IERBBY CERTIFY that on this day, before me, :n ~ offi~er dulv authori~~d in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowled¢ments, prnonally appeared t ; ~ JAMLS P. PURDY, a S~Ny~~ adult { ~ to m~• known to Fx th~ prrson d~scrilxd in and r.ho ~a~cut~d th~ forrQOin¢ instrument and he acknowlcdRed ~ r s heforr me that he ~x~cuted the same. ' ~ - ~~'17:\ESS my hand and o(ti~eal scal in thc (:ount?• and Stati• last a(oresaid this a'T da~ of s F ~ March A. D. 19 79 p s ~ . . : i . - - ; . ; . .4. _ , ~ ~ . . . ° ~ r ~ " ~ ~ j ~ ~ r,„~: , f~~ F ~ l,r~D RECO~ ` t~1GH L REEDY ~ ` ~.~;`~S _ C~U'~Tr• rL~. ~~PI~I.IC,STATEOFOHIQ : r i ; J _ ~s,~; \ . - ^ ~ 4 c 0 1W ODUMlSSiON D~IAES Wtr 21.1987 -a'- _;y~?; ~ ~ ,:.r,; . ~ ~Ay~ F '•~:sr,~:. ~ -s f `~7 ~ . ,79 Q~~ 2 PM 3• ~y ~ 3 . . . ' , A~ ~ I } ~ ' ~ ~ } . lf1.~~Iw.. 3 '•~)~.:.r • ; CL~RK ~tR~~UIT !'OURT ~ r s ~ ~ 1%ris I~ulna~r~n/ prrpn~rJ by: AI~TITA M. Lp pRESTI F ~t ~{IOIIIMI~ ~if ~fl~1Tb ~ ~ a/~[~(1~~^ (?c:-n~;r T;~!t i~ Abstqe! Comp~~. 1S`?! OL -,4c~re R~z9. Fort Pierce, F10~Sd~ 3$450 ~ ; g~;; ~U~ .,1r[ =s a necessary IncideM to the fuif~~;ment et wnCiticru aDptij0ld ; ~ ~nsuranCe ~G11~ iswM1 bY tL I - : _ _ _ . _ - : ~ - - - - - . : < _ . _ . ~ "..x~