HomeMy WebLinkAbout0587and shnll pe-~orm, camply u~itl~ and o6ide by cmc•h and eoery Ii~e ag-eements, stipulationa, condilions und
coi~ena~fs IhereoJ, and oJ lhis mortgaae, fhPn this mortpa~e and the estute I~ereby c-eated, ahall cease, de-
fermine ancl he null ancJ voicl.
~in~ ftiP mortf~n~or hernhy ~urf{~er covenanfs an~ og-ees fo pay promplly u~hen clue fl~e principal ancl
inferrsf an~ ofhe~ sum~ of money provt~ec~ ior in saia noie nnd Ihis mortgnge, or eifher; fo puy n~~ and
sinflu~nr Ihe Ia.rPS, asspssmP~ts, ~eviea. ~iabi~iltes. ob~igalFons, an~ encumbrances o( erery nalu-e on said pro-
perly: fo ~ermif, commll or su~~er no waste, impnirmenf or deferiorafion oj sai~ ~nn~ or Itie improuemenfs
tl~~rnun at any limP: to ~eep f{~e building: now or I~e-pa/ter on said Iand ~ully insurp~l in a sum oj nof lesa
lhan
in a company o~ companies acreptable fo the mo-tga~ee. Ihe poltcyr o~ policies to 6e held 6y, and payn6le
to, sai~ morfgagee, and in f~e event any sum of money becomea ~yabl~ 6y virtue o( such insu-ance the
morigagpe shall ha~~e the rigl~t to recetue and apply Il~e sume to the tnde6tedness I~ere6y secured, aceounting
to Ihe morlga~nr ~or any surp~us: fo pay a~~ costs, ctia-ges, and expenses, inc~uding ~awyer's ~ees and tif~e
sen-rl~es, rnaeonahly incurrecl or paid by tl~e mo-fgagee because oj the fai~ure o~ fhe mortgagor fo prompt~y
an~ f u~~y camp~y u~ifl~ the apreemenla, sfipu~afions, rnnditiona nnd co~enants oJ suid note and this mort~age.
or vittier: to ppr~orm, ~•omply u~ith and a6ide by eaclt ancl e~ery ftie agreemenls, slipu~afions, cont~itions and ~
covenants sef ~arlti in snid nole a-t~ ftiis morfgage or either. ~n f{~e evenf ftie mortgagor jai~s fo pay w~en
d~ie any fax, assesamenf, insurance premium or ot~er sum o~ money payo6le 6y virfue oj said note an~ 1{~is
morfgage, or either, ftie morfgagee may pay II~e same, withoul tuoi~ing or a~jecfing f~e oplion to ~orec~ose
or any o1l~ei ri~{~f I~erPUnrl~r, ancl nll such pnyments shall bear interest Jrom dale thereo~ ~I IhP ~Ip~PSI IAU~-
~ul rate Ih~n allou~ecl by tl~e lau.s o( the $tute o/ Flo~itla.
D` any sum o~ money herein re(erre~ io be not prompt~y paid within thirty ~(ays nexf a(ler
tl~~ same hei-omes due, or if eacl~ and pUP~ IIIP agreeme~ls. slipu[afions, conditioni and couenants of said
nolP and this mo-tyage, or eitl~er, are not fully per~ormed, co~npliecl witl~ •and a6ide~cl 6y. ll~en Ihe e~tire
sum mentioned in ~aid note, and tl-is mortgage, or the entire 6a~ance unpaid therpon, sfinl! (ortl~with or
fhereaJfer, at 1{~~ opfion oJ ftie mo~tgagee, hecome anc~ bQ due and paqa6le. anyttiing in sai~ note or herein
fo Itie controry nofwif~stanc~inq. Fai~ure hy fhe morfgagee to exerciie any o~ !/~e rig~ts or options ~erein
pro~~i~~e~ stia~~ not ~onslitule u u~aiver o~ any rig~fs or oplions under sni~ nofp or ftiis rnorfgage acc-ue~ or
t~~r~a~t~~r nc~n~in~.
~n ~itness ~hereof~ tl~e said mortpagor has tiereunto signed and spaled these p-esenls tl~e
c~ay an~ y~•ar jirst n{iore u~riflen.
Sig~ed, sey1~ and deli~~e-Pd in the p-esence o/: ~
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STATE OF FLORIDA,
COL'NTY OF ST. LUCIE
I fiEREBY C:ERTIFY that on this day, before me. an
o((ic~r duly authoriz~d in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowledqmenb, personally apprartd
Brenda B~hwood joined by Allen Bythwood, her husband
to mc known to br the p~rson desrribed in and who exetuted the (orcqoing instrument ~and they acknowledRed
b~fori• me that they ~xccuted the same.
NIT\ESS my hand and official seal in thc County and State last a(otesaid this 16th day o(
January ~. D. 19 81
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19~1 ~::' ; 21 < <~
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f~'-LL LL~y~R~-
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5144'72
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%lus /nsiR„~,c,~i pmp~n~ 1 y: M. B. Freeman
Sun Bank of St. Lucie County
~1 Jr/ass
P.O. Box 8, Ft. Pierce, FL 33454
NOTARY PUBIIC STATE Of FLORIDA AT U-R~
MY COMMi5S10N EXPIPES 0.`C i9 19d3
dONOEG TMRU GE~dtRAl ItiS Vt.DcRr~R~~E~
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e~~ 347 P~~E 584
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