HomeMy WebLinkAbout0265 and slloll prr(o1titl. f•omply with and abide br Pacb and el•P.y Ills og?tPmtnts stipulation:. rolldlflons and
col~tnanls Ibt?PO(. and of Illis mo?Ipopt. t11tn this nlortgoat and IIIt tstalt Iltnbv c?PatPd. :boll oast. dP
tt/m111P a/ld IIe 111111 Allfl 1'Olfl
n1tiY IIIP morlgego? Iltrvbv (urllltr rol•tnanls and agrPrs fo pay promplly u`Istn flue IbP prulclpol onto
inltMSl end ulluv .ums a( mourn prodded /a? in coil note n?Id Ibis mu•Igaye. o? e1111Pr, to pav all and
singular Ibt Ia~es asstssmtnts. IPI•ies. IiabilitlPS, obligations. and Pncllmb?anrts of tt•P?v natu?P on said pru
pNly: la pt?mil. commit or sll(rPr no /u~aslP. impairment or dPlPrloralion of said land or f11P improl•Pmrnls
tb1/P011 Ot O/IY Ilme, f0 ~/Mp IIIP bulldingf rlOU~ O? bP/earlrr An •n/~ la/ld r1111Y IIIS11?Pd Ill A s11m O/ Ilof 11'tt
than highest insurable-value--
in a rompanv o? romponlPS arrPplablP to IIIP mortgagee. IbP paltry or pullrlPS fu bP held by and payable
to. said mortgagee. and in Ibe PI•vnt any sum o/ manev btromPS pavable 6Y 1•i?Il/e or surb InsuranrP fbP
mortgagee :ball bal•P fbP ?Igbt to ?eceit•t and apply tilt same to fbt /ndtbledness berPbv :Proved. accounting
IO IIIP merlgone? (or any stf?pltls: fo pav all costs. charges. and expense:. including lau`vPr't (PPS And !IIIP
starches rtasanablY inrll??Pd ar paid by IIIP mortgagee 6tcausP of IIIP JailurP or IIIP mortgagor to promplly
and ru1lY comply u•ilb fbe agreemeuls. slipulalions.-conditions sort corenanls or said note and this mortgage.
or either: to perform ramplV U•Itb And ObidP by eafb and PI~Pry t6P agreements. sllpulalions. rondilians and
ral~Pnallls set forth In said note end Ibis morfgaqP or Pifber In IIIP PvPnl IIIP mortgagor (ails to poy u`ben
dot any fox. assessment. insurance premium ar other sum or manev parable by t•IrfuP o/ said Hole and this
morfgaqP. or Pilber. IIIP rnn?fgagef• may pay IIIP same. u`itbotft u~aininp nr o/rPCling IIIP option fo (orPrlu~e
a? nm other rinbt hereunder. an/1 all such payments shall bear interest from delP thereof at IIIP bigllPSt Iau•
(nl rote then allmrefl Lv IIIP Inu•s or the SIaIP or Floridn
i~ anY sum u( maurv II~rPirl rP(PnPrf to bP not promplly paid u~illlin thirty flaYS next a/Itr
fllr same b1•rAmP! df/e. or it earn and eI•ery the agreements. .Ilpulationc. conflilions and ro1`tnonls or said
Hate and this m11r1gogP. or either. are not rullr per/onrlPd. complitd with and abided 6y. fIIPn the entire
sum mentiontd in said Hole. and this mortgage. or th P tntire bnlonct unpaid th?r+ron. shall forthwith or
IherPOffer, of IIIP option of IIIP mortgagee. become and bP due and parable. anything in said note or htrPln
fo fbP confrory noflnifhslandinq. failure by the morfgaAPP fo exercise anY or fhP rights or options herein {
provided shall not conslflulP a wail•e? ar any rights or options under sold Hale or this morfgagt accrQPd ur
fherea(le? accruing.
in ~~ullSS ~~tCtOf~ Ihr said mortgagor has hPrellnfa sighed and :Poled 1hesP presents the . `
daY and year first shore 1 viflen.
1
Sign s IPd and dPlir ed in IhP pre:encP o f
ErY~
E WAL~EI-~
~ BARBARA A. WALLACE
i
STATE OF FLORIDA. t
coCxTY OF MARTIN
l HEREdY CERTIFY that on this day, brlore me, an
oftirer duly authori:rd in the Statr aforesaid and in the County aforesaid to takr arkraMrled[mrnu, prronally apprarrd
BRUCE D . t•IALLACE and BARBARA A . WALLACE , his wif e
to mr kelovrn to br the prrson $ described in and y.ho e><ecuted the lorrttolnt Instrument and they ackno~.kd[:.:
Drlorr me That they r[ecuted the :sole.
NIT`ESS my hand anel dficia) seal in the County and Statr Isst aforesaid /AIS 3~ day et
nctobex A. o. l9 80.
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~ ~ t980 FOB 3 PM 2.56
CiC:~f. Cii:~L'.. CC~R~
%7iir liwnaul~ pnrparrJ /?y: Sommer & Frasier, P.A.
3 ~ Ar/f!?t.tl P.O. Box 2210
310 Denver Avenue (111
wart, Florida 33494 BOalf J~~ P~GI~ ~?l)•.~