HomeMy WebLinkAbout0551 •
and shall p,•rform, comply frith uncl abide Ly each and rr•(•ry I?n• alirPr•+lenb, sfipulatiuni, cwtditions and
covenants thercwf. and of this mortdatlP. then Ibis m~,rl~tagP and the estate hereby crealetl, shall CPasP, de-
lernlllle and 6e null and raid.
~n~ Ihc• mo?ttfar)ar heroby f urfhrr cot•enauls and aftrePS fu pay prornptly tvhen dtte IhP principal and
infPrPa aull after .rims aj money p?uridc(1 for in said r1ofP and Ihis mortgage, or either; to pay all and
singular the tll\P5. narsmenh, Iel•ias, liabilities, ubli~tafioris, and Pncu?nbmnces of every nolurn on said pro-
pe?ly; to permit. cummil or suffer no u•osM, impairment or <leterioration of said land or the improvements
IherPCn of arty tinge: to rep the buil(lin~rs nou• or ltP?,•aJIPr on said fund fully insured in a sum of not less
tlla?t highest insurable value
ilt u ('urnparly ar c'ompanieS acc(q,fable fo IhP mort~faneP, the policy or policies to be held 6y, and payable
lo, said morfga~ee, and in fhP event any cum of money beCOmeS payable by uirltte of srrch insurance the
mortga~PP shall hate the rinht fo ?eceil•e an(1 apply the same to the indebtedness Irerrby secured, accounting
to the ntorfganor for any surplus; to pay n!l costs, t•harges, and expenses, including lawyers fees and title
sea?rhes, reaSOllably incurred ar paid by the morfga~Pe beCOUSP of the f
ailtire of the mortgagor fo promptly
and fully rany,lt• teiflt tl+e a2reentenls, stipulations, conditionx and covenants of said note and this mortgage.
or either; to p.•rfvrnr, comply u•ifh and obide by Pack and every the agreements, stipulations. conditions and
coverlarrfs ce! forfh~ i,r said note and Ihis mortgage or either. !n the event the mortgagor Jails !o pay u+hen
due any tai, mse~smrnl. insurnncP premium or ofhtr sum of money payable by uirhre o! said note and 'this
morlg(irie, or eilller, the n:ortrtnitPP may pay the same, tl+ithout tuaiving or affecting the option to foreclose
or any other ri~rllt hereunder, and all such p(lyments shall bear interest from date Thereof at the highest law-
~ul rare then alluu+eil by the laws of fhP ~tatP of Florida.
arty sum of money herein referred to 6e not promptly paid within thirty days next after
the same becomes due, or if each and et+ery the agreements. stipulations, conditions and cot+enanls of said
note and Ihis ntortc)age, or either, are not fully performed. complied with and abided 6y then the entire
sum mentioned in said rtote• and Ihis mortgage, or flip entire balance unpaicl thereon, shall forthwith or
thereat ter, at the option of the mortgagee, bPCOmP and 6e dtre and payable, anything in said note or herein
to the contrary nofu+ithstanding. Failure by the mortgagee to exercise any of [he rights or options herein
provided shall not cunstihrfe a tvairer of any rights or options under said nose or this mortgage accrued or
thereafter acrruing.
~n witness thereof, the said mortgagor has tererrnto signed and sealed these presents the
day and year first above a•riften.
Signed. Sealed and deh!`Pred in ttP pre5(•rICP Of:
KENNETH JE;dSEN
WILLIAM ROY DAVIDSON
STATE C)F FLURIn.~•
CC)U\TY OF ST . LUCIE
I l1EREBY CER"1'IFY that on this day, before me• an
oflirer duly authorized in the State aforesaid and in the County aforesaid to take acknowleclgmrnts• pcrsunaity appeared
KENNETH JENSEN and WILLIAM ROY DAVIDSON
to me known to I,c the person $ described in and who e,:ccutrd the foregoing instn+mcnt and they ackn.ivrledged
Ile(ur~ me that they c:ecuted the same.
~~'11 \ESS my hand and uttivial xal in the County and State last aforesaid this day of
February .~yppp• 1C9 HO ,
4 ~ ~Qa 76
~ ~ 12 ~ ~ ~9 NOTARY PUBLIC, State of Florida
at Large
f CEO ~?tlc I~coFa o
s'~,t,uuEtouN#Y.~u~• M Commission Ex ices
R06ER P01 RAS Y P
CLERK CltlCUli C~ i
IIEOtM~ VfRlf~tl ~
i •
%i~ /rrjlrnai~irl pap~~n•(/ hy: Vincent A. Lloyd, Esquire pl!~
`~(lr/nu P . O. Box 4382 z~1X •.J~7 PAGE ~hJV
Ft. Pierce, Florida 33450
r