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HomeMy WebLinkAbout1238 an~ sha~~ prr~o~m, romp~y wifh and a6ide 6y eacti ancl eaery f~e ngreemenls, sfipu~afions, cont~ttioru and coi~enanls lhere~ol, ond o~ Ihis mortf~ane, f1~en 1{~it mortgage and Ihe estafe here6y creote~l, s6all cease, d~- !p-mi:iP ~n~ ~e null an~I aoi~~. 11n~ ftiP morlnanor F~erntiy jurfher covenanls and agrees fo pay promptly when due the prtncipal and infe-psl and ol~~pr sums of money provi~Ie~I ~or tn said nofe and fhts mortgage, o~ elfhe~; fo pay' a~~ ared singu~ar Ihe la.rps, assessments, .~~viPS, ~tubi~ilies, o6~igalions, and encum6mnces o~ every nufure on sait~ pro- pp-ly: to permif, commif or su~fer no u~aste. tmpairmen! or c~eterio-~nlion of said ~and or 1{~e improvementt fhe~wcn a1 m~v tim~: to k~~ ~hp buildinns now or herea t~r on said land /ully insured tn n aum oj nol less than ----------highest insurable va~ue----------------------------- In n compnny or ~-ompanies a~~~n~4Lle lo fhe morlgapee, Il~e policy o~ policies fo 6e held 6y, antl paya6le fo, salcl morfgnge~, anc~ in Iltp PUP~11 any sum o~ money beeomea ~,ya6l~ 6y vtrtue o~ sucti tnsurance fhe morigagee shall hane fl~e rinht lo r~-eive and apply Il~e same to the inde6tedness ~ere6y securetl, accounftng fo I~e mortganor ~or any su-plus: fo pay a~~ cosfs.. cha-pes, and expenses, inc~uding inwyer s~ees ancr tit~e searc~~s, r~asona~,~y incurrPC~ or paid by Ihp morfgagee because oj f~e ~ai~ure of ~fhe rnortgagor to prompf~y ane~ ~u~~y c•omp~y u~ilh Ihe ag~eements, sfipu~afions, con~Iiiions ana covenanls o~ said nofe an~ f~ta mortgage. or eif~~er to pPr~orm, comply with and•a6ide 6y ench an~ euery t{~e ugreemenfs, stipu~afions, oondiftons and covenanle set ~orlh in said nole and f~is morfgage or eif{~er. In fhe evenf Ihe morfgagor ~niG to pay w~en c~ue any fax, assessm~nf, insur~n~e premium or ol~er sum o~ money payab~e by uirfue of said no[e and fhis mortgnge, or eil~~er, fhe morfga~ee may pay I~p same, wifhoul u~aiving or ajJecfing fhe oplion !o ~orec~ose or any otl~er rigl~t {~erpunder, and all sucl~ payments shall 6ear infereat /rom date thereoj at Ihe highes! law- ~u~ r~fe I~~en a~~otve~~ {-~ 1~~e ~a~us o( fh~ $fate o~ F'~ori~a. )~ any sum o( mon~y herein re~~rre~ lo ~~e not prompf~y paid within ~~tY ~90~ days next n~te~ 1~i~ samP becom~s ~u~, or i~ eacti anc~ pl~P/y ~Rp a~-eemp~~fs, sfipulalions, conrlifions an~~ covenanfs o~ saicr nole and if~is morlgaqp, or pifl~er, or~ nol ~ully pe~~ormed, comp~ied with and a6ided 6y, tl~en l~te enlire sum menlionc~ i-i sai~ nof~, and 1{~is morlgage, or the enfire ba~ance unpaid fhereon. s~a~~ ~o-i~tuit~ or tl~ereafler, at fhc- option of Ihe morl,ryagee, become and 6e tlue and paynble, anytl~ing in said note or I~erein to 1~~ rontrary nofu~ifhstanc~infl. Failure ~~y f~e mortflagee fo exercise any o~ fhe rights or options herein proi~ic~~ sE~a~~ nof conclilufP a u~aivPr oJ any ri,q~ts or opfions uncler saicl nofe or f/~is morfgage acc-ued o- 1~~erea(I~r nccn~ing. Dn ~~~n~s ~~~Ol~ Ilu• said murfgngor hns {~erPUnfo signP~ and sealed ehese presen/s t6e ~ay an~ y~ar f irsl o~-o~~e u~ritlPn. S!9-IC~. SP(I~P~ [Ifi~ (~P~/1'PlPQ Ill I~P nrPSPI1CP O': . ..--'"" "-'... ""'..""'-'•-'-"--•-•---- ~ --- ~--- -- 'll~--.. .. _.... ~~a-- ~-- n- -._...~?--'-^~ ............. ~ ~-~N~ ~tlz~an . ~ --- -.u~'~.-_ ~~/~~-- -. .._ ..~- - - -- - - -~--~ - - ...--~ -- -- -- ----~ -~------~--~ ..............................~-----~ --------- --~ ~ ---- -. .. ... . . .. . ... . . .. .... ... ... " - ~ -- .. _ -- - ~ - - .- .. .. ................ . .. - - - - - ... .__ ... . - _ - -- ...- --~ ....... ...... ......~-- ---._ ... --- ----- STATF. OF FLORIDA~ coU~*TY ~)F sT . LUCIE I HEREBY CERTIFY that on this day, befon me. an offi~er duly authorized in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowkdqments, prrsonally appeared NATHAN K. JACKSON to m~• knuwn to tx the pe~rwn d~scribed in and who e~~cuted the (or~qoinq instrument and he acknowledaed Fx(or~ me that he ~xecuted the same. ~~'I7 \ESS my hand and o(ficial teal in thr (:ounty and Stat~• last a(oresaid this 7th day o( January, A. D. 19 81. l:~~I .:.~'; ; 2 ',~ 3 33 .. . .'•1t~1 ^~'~~'~~~~.•I.~•i. r_~~,. V:,~ •t ll 't.', • f~~ ss3o~s l7,u 1„s~rrunc~q~~'~'.:~e~{~~S p~~j~r~ 6~ n~~.~u J. ;:,~~~~~n i;~,~,~~, ~~~, 12~-A f~a 2,~d S~ fort F~~ce, flc~i~a ~~~~ ~~ _ 1~OTARY -~PIIBLYC; at Large. : My Commission E - ,y;{::. ,. ~ _ ..; . , ; •. •- _, - .,._~ 1 ~*. 1~~,-.~ '~-~ =; , ~:. ~~ - -~~ . - - ~ _- ..~ i ` `' ~ ;,._ -Q. ~, ~ ~ ~':' " ~ ;; ..• :,`,~~ ~ ~ ~ ~•.~. ' ~• ~ ~ .t '+t;i.. . ~~x3~~ ~~~i~`35 s- i a ~ ~ ~