HomeMy WebLinkAbout1710an~ s~~a~~ pe-(orm. c~ump~y u~ifh and a6ide 6y racl~ an~ ere~r f~e ag~eeme~~b. tUpu~aftons. condltlona o~
co~~enants ~hercoj, and oJ fhis mwf~aQa. Ihnn Il~is morfNape und II~e e~lats l~.reby c-raled, s1~a1~ ceoa~, ds-
IP-mine antl Ge null ancl ~~oi~~.
Ii1N~ Ihe mo~ftia~or hemtiy ~u~fher rnuenant~ and agresa fo pay promplly when dus the pNnctpal and
infernsl an~ olhe~ sums o~ money proviaecl ~or tn aaid nofs and 1{~ta mo~tgogs, or eltl~e-; lo par a~~ and
singula- 1{~e fa.res, ass~ssmenls, ~eules, IlabtlillPS, o6~igafJona, nnd encumbr+nnces o/ pVPIy RAIU/! OR ~Q~d P/'O-
perfy: fo permtt, commif or suj~pr no waafP. tmpairmenl or c~efe-iorofIon o~ :atd ~~and or Ihe improuements
Itiprncn af any fimp; fo ke~p fl~e 6uII~Iinns nou- or hrrra~l~r on said ~an~ f u~~y Insure~ tn a sum o( nof ~ess
fl~an p/p ~
in a com~wny or companies a~p~~a6[~ ~o fl~e mo~l~agee, the policy o~ poltctes to Ix~ heW 6y, and payabls
to, sat~ morlpage+e, dne~ in Ihe erent any sum oj money 6ecomes ~yo6l~ 6y i~trfue o~ sucti tnsurancp f~~
moMgagee shall hai~e ~he .tflht to r~reivp and apply fhe snme fo tl~e inde6tedness l~ere6y secured, amounttng
!o f~p morfgagor ~or any s~aplus: fo pay a~~ cosfs, char~pes, and expenses, inc~uding ~awyer't ~eea and til~e
searr~es, re~asonah~y incurr~cl or paid by Ihp mo~tgagee 6ecause o~ ftie jat~ure o~ fhe morlgagor lo prompl~r
and ju~~y rnmp~y w~~h rh~ agrepmenls, sfipu~afiona, conc~ifFons and rnvenanfs o/ said note and fl~ta morfgoge,
ar eif~ier; fo per~orm, comply.wilh and abide 6y eacl~ and ei~ery lhe agrepmenfs, afipulationt, c~ondifions ant~
co~~nanls set Jorf~ In said nole and f~is morfgage. or eiftier. ~n t~e rvent ttie mortgagor (ei~t to pay when
due any tax, assessmenl, insurance_premium or ofhar sum oj money paya6le 6y vtrlue o( said nole and t6ia
mort~nge, or-eif~ier, !{~e morfgagee may ~y fhe same, wilhoul wuiving or a~~ecting fhe option fo ~oreclose
or any oll~er rigl~t I~erPnncler, nnd aII such paymPnts sf~aU bear inferest ~rom dote tf~ereoJ at 1{~e highett law-
~l1~ ~AIP Ihen U~lUlliC(~ ~V ~~P ~A1I~S O/ ~~P S~Q~P O~ F~O/l~A.
~L any sum of monry I~erein ra~en~ !o he not prompt~y paid within thirty day: next a~le-
Ih~ sam~ hPCOm~s ~u~, or i~ each and puery 1he agreemenls, stipu~afions. conJifions anc~ couennnis o~ saic~
no~e nnd Ihis mortga{~e, o~ Pi~l~er, are not /ully perJormed, complied wtll~ and a6tded 6y, t6en the entire
sum menlioned in said nofe. QRd I/1IS mortynge, or tl~p enlire bnlnnce u~pnid lhereon, shall /ortl~with or
l6ereaJfer, af Ihe opfion oJ fhe mortgagee, 6eeome and be tlue and poya6~e, anytl~ing in anid note or f~erein
fo ttie confrary nofu~ifl~slancling. Failurp 6y f~e morlgagee to exercise any o~ t~e rtgtits or opflons tierei~
proi~irlMl sha~~ nof conslifute a u~ainer o~ any ri~hts or opfions un~er sai~ nofe or this mortgage accrued or
I~~Prna~f~r acc~uing_
~
n ~tness ~hereof~ t~P said moriyn,yor hos I~ernunfo signe~I an~I seale~l tl~ese presents thp
~~ay an~~ y~ar (irsl AI~OPP ~rritfen.
$ign~~. sPa~e~ a-t~ c~r~ir~r~~ in ~ pr~s~ncr o~
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OHN . GO '
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STATE OF FLURIDA, ~
Cc~t'\TY ( )F ST . LUCIE
I HEREBY CERTIFY that on this day, before me~ an
o((i~cr cluly authori~Pd in. th~ Stat~ a(or~said and in th~ C:ounty afor~•said to takr a~knowledqments, prno~all~ appeared
VINCENT R. GORHAM, JR. and JOHN M. GORHAM
to m~• knorvn to tx thr p•rson S~1~scriFmd in and who e~~cut~d th~ (or~¢oinq instrument and t~1@y acknowkdp~ed
fx~(or~• m~ that they~x~~„~ed th~ same.
~~'ll~\F.SS my hand and o((i~ial scal in th~• Cuunty and Statr last afor~said this ~~ C~ day of
January
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. tary Public
My co~ission expires:
~r 11~~'- STA?E Of fI~ORI0d1
AT 1A11~ IR OOIMNSp011
EXPtItES MAY ~ 19d1~ ' ~ -8~
~~nK347 PA~E1704
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