HomeMy WebLinkAbout3002 and shall perform, comply with and a6id• by each and st?sry the agreements, stipulattoris, conditions and
eovenanfs Ihsreo/, a?td of this tnortgape, then this mortgage and the estate hereby created, shall caws. de-
termine and 6e null and twirl.
the mortgagor hereby jtirlher eot?enanfa and agrees to pay promptly when due the principal and
interest and other sums of money provided for in said nob and fhb mortgage. or either; to pay all and
singular the faxes, waessmsnls, leutes, ltabiUltes. obligations. and encumbtrot?tces of every nature on said pro-
perly; fo permit, commit or stiffer no wwle. impairment or delertoratton of said land or the improvements
fhsrscn of any lime: to lrssp the buildings now or hereafter oft said land fully insured to a sum of not less ,
lhan full insurable value
in a company or rnmpaniss acceptable fo the mortgagee, the policy or policies to be held by. acid payable
to, said morfpnges. and in fhs event any sum of money bseomes payable 6y virtue of such fruttrnrtce the
mortgagee shall hays the right to receive and apply the same to the indebtedness hereby aectu+ed, accounting
to the mortgagor for any surplus: to pay all costs. cha?ges, and expenses, including lawyer's fees and fills
ssatrhss. reasonably inct?rrrcl or paid 6y the mortgagee because of the jailors of the mortgagor to promplly
and fully comply with the agreements, stipulations. condiltoro and covenanfa of said note and lhia mortgage.
or either: fo per/orm, comply with and abide 6y each and every the agreements, afipulntions. conditions and
covenants set forth in said note and this mortgage or either. /n the event the mortgagor jails to poy when
due any lax, assessment, insuronce premttcm or other sum of money payable 6y vtrlue of said note and Ihb
mortgage, or ellher, the morlgagse may pay the same, wilhouf waiving or ajjecfing the option !o jorecloae
or any olhsr right hsrst?nder, and all such payments shall bear interest from date thereof at the highest law-
ful rate then allowed by fhs loa?s of the Stafs of Florida.
any sum of money herein rejsrrecl to 6e not promptly paid within thirty days next alter
lhs same becomes due, or ij each and every the agreements. stipulations, conditions qn~l rnt?enants of said
note and this mortgage, or either, are no! fully performed, complied with and abided 6y. then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid lher+eon, shall forthwith or
thereafter, at the option of the mortgagee. become and be due and payable, anything in said note or herein
to fhs contrary notu~ifltsla?tdinc~. 1=ailt?rs by the mortgagee fo sxerrfse any of the rights or options herein
proridecl shall not co?tslile?fs a u~aivsr of any rights or options under said note or this mortgage accrued or
fhrreojlPr accruing. `
Dn ~~ulQSS ~~f, llte said mortgagor leas hP/+PttntO S19Red and aPaled fhPSe presenlS the
dad and ycnr (fret nlwrs u~rillPn.
Signpcl, sealed and delivered in the prnsPncs oj:
1 ;.1-•' ~ ~ C. A. Baffle , Jr
Y
~ '
' _
~ (.t,.~-- ~~a~c~~..~ --.-tit
Frankie E. Wheeler
STATE OF ~ NORTH CAROLINA
E cnul~TV ()F FORSYTH
I HEREBY CERTIFY that on this day. before me. an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
C. A. BAILEY, JR. and FRANRIE E. WHEELER
t
to me known to be the person S described in and who executed the tongoinq instrumrnt and they acknowledged
before me that they executed the same.
WI7:~IESS my hand and official seal in the (:ounty and State last aforesaid this day of
e
t - s- - D. 19 79 .
(
~ tom.
l _5 ~ ~ 36 ..Notary---P ~ ---i
'919 JJ~~ State of North Carolina
F?LEG Rh'~ pt:t.uKijW
ST.LtIC1E COUNtY.f l-~• My commission expires
ROGER p01TRA5 n ;
CLERK CIR:UIT 0013; _ p~ ,
s ,~...,r rr+ ~ 7' O
F~CGCa 1...
942 ~~:=r,,,,,
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30y PAGE 2999 >c: ? ~
l7iu hwnunc~l~ prpard by: ~ ~ ' a:.. ~ `
Scott M. Keaneyy Es uire s ~~8 `!C r.
515 S. Indian River~r. ~ ,
Fort Pierce, ~FL 33450 ~
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