HomeMy WebLinkAbout0017 _ - ----~•-..__._.r.f_...-___.,.y...-____ ._.~,r.~~~_..__.,_ . . -
and shalG perJor~ romply wtth nRd a6~d~ 6y cwci~ and e~~ery the a9?eemenes, stipulntio~u, condlfio~s and
. co~-enanfs IRevbd~l' and o~ this ~+d~igagP. Ihen Ihis mwtgage and the s~fate I~~~br created, ihall cease, de•
fermine and 6s nu11 and void.
~ Itie mortgago~ tiere~by (urther couenanfs ond agrees to poy promptly when due the prtnctpal and
tnternst a~d olher sums o~ money prouicrecr Jor in aaitj nofe anc~ lhis mortgage, o~ etiher: fo pay al~ and
singu~ar fhe faxes, assetsmenis, ~evfes, ~iabi~ilies, ob~igafion~, and encumbrancei o( e~ery nafure on satc~ pro-
perfy: lo pe?mif, comml! or su(Jer no u~atle, Impairme~t o~ delerioratlon o~ satd ~and or fhe improvemenb
lhereon af any lime: lo kevp ihe buildings now o? he?vw(fer on said Innd /u~~y inaure~ in u sum of nof ~ess
tl~an hiqhest insurable yalu~
in o company or companies acceptable to t e morlgagee, the poltc~r or poltctes to be held 6y, and paya6le
to, said morlgagee, and in l~e eve~t any sum of maiey becomea ~yn6t~ 6~ virfue o~ sucti insurance !he
mortgagee s{~all have Ihe right to ~ecetve and apply tl?e same to the inde6tedness I~ere6y secured, accounttng
to the mo~tgaqor ~or anp surplus: to p~y alI costt, cha~es, and eXPe1l.TFJ, including Iawyera feea and title
searcf~es, reasonably inc~arecl o~ pa~d by ihe morega9ee 6ecnuse o/ tke /allure o~ the mortgagor to R~o~~ly
an~ f u~~y comp~y wilti fhe aAreemenla, sfipu~attons, conditions nnd couenants o~ said nofe nnd t~is mortgage.
o~ eil{~er; fo pP?~orm, ~omply witl~ and abide by eacl~ nnd euery t1~e agresmenli, stipu~ations, condlttons and
covennnls set jo?fh in said note nnd t~is rnortgage or eifher. ~n the event t{~e morlgagor ~ai~s to pay wtien
due any fax, assesament. insurance premium o~ other sum oJ money payn6le 6y virtue o~ aaid note and this
mortgage, or either, f{~e mo?fgagee may pay Ihe snme, wilhoul +uatutng or a~fecli~g the oplion to jorec~ose ~
or any otl~er ?ighl ~ereunder, and all such payments sl~all bear inlerest /rom date thereo~ al the l~igl~est lau~-
(ul rale 1{~en allou~e~ by tl~e.~aius of f{~e $tate o~ F~oriaa. ~
ll nny sum oj money •~e~ein re(er?e~ lo be nof prompt~y paic~ u~ifhin fifteen cjays next a~ter
fhe same bncomes due, or i~ eacti nnd pnery !{~p agreemenfs. slipu~altons. conc~itions und covenants of suid
note and this mortgage, or eitl?er, are not f ully per~ormec~. comp~iec~ witl~ -and ab~ded 6y, thsn the enfire ~
:um mentioned in said note, and tl~is mortgage, or the entire 6alance unpoid tl~erron, shnll ~orthwitT~ or
therea(ter, nt the option oj t{~e mortgag~e. 6acome anc~ be due and paya6le, anything in saia note or herein ~
fo t~e conlrary notwii{~standing. Failure hy tke mortgagee to exerctse any of !tie rig~fa or opttons herain
provic~ed s~a~~ not consfitufe a u~ai~~er of any rig~ts or oplions urt~er saicr note or fhia mo~fgage acc?ued or
Iheren~ler accruing.
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~n ~~tness the saic~ mortgagor ~as tiPreunto signed and spa~ed these presenls ttie
~~ay anc~ year Jirsf ~ove turiffen. ~
Signed, sea and de 't~ered in {~e resence o~• ~ ~
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Fra lin H. S e
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'i ~ Sally J. el
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~ STATE OF FLORIDA, ~
~ COL'\TY OF St. Lucie
I HEREBY GERTIfY that on this day, betore me, an ~
i offic~r duly authori~ed in the Stat~ aforesaid and in th~ County afore•said - to tak~ acknowltdqm~nts, p~rsonally appeared I
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~ Franklin H. Samuel and Sally J. Samuel ;
~ to me known to Fx the pe•rwrs describ~d in and who f]CPCU1rd the toreqoiqq instrument and they acknowledged ~
~ before me that they ~xccuted the sam~.
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~\'IT~F.SS my hand and of(icia) seal in the County and Stat~• tast a(or~said this ZSt day o
x
~ June A. D. 19 79 / i
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!%i~ I,rsirrnn~-n~ p.~prn~d !ry: Vernon C. Rhinesmith 1~~ U$ ~a~ -
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x 1108 Alameda Ave . <1F ';y..~
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- Fort Pierce, Florida F ~ .t'~=:; „
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