HomeMy WebLinkAbout0249 an~ sha~~ pp?jorm, comply u?ltl~ and ~6ide by rnch and e~~ery f~e a8reements. ~tipu~nlion's, condiUons and
a•o~~pnanls fhrreol. an~ of fhis mortpapa. lhen ftiis mortgage and I~a eafat~ tienby c~at~, shall crate, d~-
Iermtne and br null nnd ooi~. ~
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~illl fhp mo?lgago~ hen+by ~url~~ covenanls and agrees to pay promptly when due 11~s princtpal and
tnteresl ana olher sums a( money providecl jor in sait~ nols and lhtt mo?lgags, or eJf~er; fo pay a~~ ane~
singu~a~ !he fa.res. ussessments, IPVIPl, liabtlili~?s. ob~lgations, and encumbrancea o~ every nalura on said pro-
perly; to pern~it, commtf or suf
feh~ no u~aste. impai?menf o~ deferionntio~ of satc~ ~and or ttie improueme~b
I~errcn at any flme?: to k~p tl~e balldings now or herea~l~r on ~alc~ Ianc~ ~u~~y truurrcj in a sum o~ nol ~ss
than highest insurable value
in a com~ny or companies accp~>ta6le to ll~e mortgagea, tl~e poltcp o~ poltctes to 6e held 6y, and payable
lo, satcl morfpagee, and in thp e~~ent any sum o( money 6eeomes paya6le 6y atrtud o~ suck inswnncs the
mo~tgag~?e sl~oll ha~~e the rigl~f !o ?ecei~ a~d upply the snme to t6e inde6tedness he?e6y secured. aceounling
to i~e morlfla~or (or any aurplus; to pay a~~ eo~ls, charges, anc~ expenses. Inc~uding ~awyer s~ees and tti~e
searcf~rs, reasonati~y incune~~ or ~td 6y ehe mo?tgagee because oJ itie ~ui~ure oj the ~norlgagor to prompily
ane~ ~u~~y comply u~ilh the agieements, sfipu~afions, condttio?u and c~ovenanls o~ satd note nnd tl~is morfgag~.
or eI11~er; to perJorm, comply with and a6ide 6y eack anc~ every 1{~e ag?eemenfs, rttpu~ations, eonditIons aitd
rnvennnl~ set Jorlh In said note and ttits morfgage or eifhe~. ~n the euent f~?e morfgagor jai~t fo pay when
clue any tax, assessment, insumnt~e p~emium or ollter sttm o~ ~o~ey ~ya6[~ 6r vlrtue ol said noie and thts
morfguge, or eifher; f{~e morlgagee may pny f~e same, wifhouf watving or oJ(ecti~g the optton to lo?eclose
or nny otl~er right herpunder, and all sucl~ paymenb sl~all 6enr interest /rom dote thereo~ at Ihe 6tghest Iaw-
(u! rale Ihen ulloiaecl by 1he lau~s o( Ihe State o/ Flo?ida.
~L any sum of mon~y herein re%rrec~ fo ~e nof prompf~y paic~ wifhin 3~ da~n neart nlter
t~e samp hecomps ~~ip, or ij each and erery the agreemenls, stipu~aftons, rnndilions nncr covenantt o~ saic~
note and this mortgayp, or pi1{~er, are not fully performed, complied with and a6tded 6y. then fhe enfire
sum menlioned in said ?eot~, and Il~is mo~tgage, or th e entir+e 6alnnce unpaid 16ereon. :hal! jwtl~w~~h or
f{~e~ea~fer, at Iti~ opfion oJ f~ie morfgnge~. 6ecomp and 6~ due and paya6le, anyi~ing in snic~ ~ote or kerein
!o the conlrary notu~iihstancling. Failurp tiy f~e morlgagep fo exe~rise any o~ fhe rtgtits o~ options he?ein
p?+ot~icrecl s~a~~ nof consfih~fe n ~rai~~er o~ any ri~hfs or options under sai~ note or ttits mo~tgage acc?ue~ or
t~~~reaJl~r accruin~.
~n ~itness ~~~Ol~ fl~~ said mortgayor I~~s hpreunfo signe~I and sealecl t{~esQ presenh the
c~ay ant~ year ~irs! nE?one ~oritfen. -
Signe~. sea~~, an~ c~e~~ec~ in Ih~ r~s~~nce of :
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_ - - - . . - - - Q~
{dILLIAM RUY DAVIDSON
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~ STATE OF FLORID4, ~
~ CnU:~TY c)F St. Lucie
~ I HEREBY CERTIFY that on this day~ before me~ an
~ o(ticer duly authorized in the State a(oresaid and in the County afor~said to ak~ acknowledgments, penonally appeared
~ KENNETH JENSEN and WILLIAM ROY DA~IIDSON
~ to me know~ to be the person g described in and who ex~cuted the (or~qoinq instrument and Wh0 acknowkdRed
~ ~ Ixforc me that they ~xccutcd the same.
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~ N 11'~iESS my hand and of(icial xal in thc County and State last aforesaid this 6th day o[
~ April 79.
~ A. D. 19
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