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HomeMy WebLinkAbout1550an~ stia~~ pe-jorm, ~-umply u~if{~ a-t~ a~i~e by eacti anc~ et~ery f~e ogreemenls, ~fipu~ationi, rnndltto-u anc~ carenanls Il~e-cw/, and oJ fl~is mo-If~a~~e, Il~en th~s mo-tgape an~I fhe estale he.~by ~~a~~l, shall crase, de- lermtne an~I 6e null ~~nc~ ~~oi~. ~n~ Itip mu-If~a~~o~ ~iPn•6y ~urll~er covenanls and agrees to pay promptly when due fl~e princtpal and inlemsl ana ol~~er cums o~ money provl~c~ ~or in saic~ note anc~ fhis morfgnge, o~ etfher; fo pay a~~ nnd sinnular Ih~ 1arPS, nss~s~m~nls, lei~tes, lia6iliti~s, o6li~ations, and encum6mnces o~ euery nafure on said pro- pprly: fo pnrmif, c~ommil o~ suj~e~ no taaslp, impairmenf or ~eieriomflon o~ aaid land or fhe Ir`tprovemenfs Ih~n~~•n al ~ny Iim~: to RPPn II1P buildinns nou, or herna(I~r on cai~I Ian~I lully insured tn a aum oJ not lesa ~h~n the highest insurable value thereof in a i•ompany or c~ompnnies acc~~pl~~~~e lo Ihe morf~a!~~e, I~~p po~icy ~~ po~tcies to ~ie he~~ tiy, and paya6le lo, snic~ morlgagp~. antl in IIIP PVPIII any sum o~ mon~y {~ecomes ~yn6l~ 6y nirh~e o( such insurance ftip mort~ag~~ SIIAII ~AI~P Il~e ri~ht lo rM•~inP and upply Ihe same to Ihe inde6teclness hereby secured, accounting fo f~~~ morfganar ~or any surplus: fo pay a~~ cosfs, char~pes, anc~ expenses. Inc~uding ~awyer i jPPS ancj fit~e sPaa•ti~s, reasona~~~y inc~~r-e•cl or {wi~ hy thn morlgagee because o~ the ~ai~tuti- ol the morfgagor to prompf~y anc~ (~~Ily ~•omnly u~ifh f~~e aflre~mrnls, sfipu~alions, concrilions antl rnvenanfs of saitl nole and ihi~ mo-fgnge, or ~il~~er; lo prrJorm. ~omply u~ifl~ ancl a6i~~e. tiy eac~ an~I euery fl~e agreements, sfipu~afio-u, concrifiona an~ cor~nnnlc sel ~orf~~ i~i sni~ nole anc~ this morfgage or eifher. ~~ fhe event the mortgagor jai~.s to pay w~en ~ue arry fax, ass~ssmrnf, insuranc~ premium or olher sum o~ money paya6~e tiy i~irlue oj sni~ nofe anc~ this morf~age, o~ ~il~~rr, t~~~ morfc~a~~eP may pay fhe same, u~ilhouf u~aiving or a~~ecfing fhe oplion lo ~orec~ose or any ot/~er rigl~t I~Pr~~~nc~~r, an~~ al~ such paymenls shall 6en- interPSt from dute ihereo/ at the highest law- (ul rnte fl~~n allou,e~l 6y fl~p lau,s o~ t{~P State o~ Florida. DL any sum o~ mon~v ~~~rein rp~prrc~ fo hP not prompf~y pai~ wifhin 30 ~ays nexl a~te~ 1~~e sam~ l~~c-om~s r~u~,`or i~ eac~ anc~ PPPfy II~e af~reFmw~fs, sfipu~alions. ron~ilions an~ covenanfs oj sai~ note and Iliis morigcup•, or ~ill~~r, are not fu~ly pprformPt~, complied wilh a~d a6~ded 6y, then fhe enlire sum menfion~d iri said note. and this mort~age, or t1~n entire ba~ance unpaid thereon, shal: foMl~with or tl~ereajfpr, at Ih~ option o~ Il~e morlgac~ee, bpcome and 6e due and paya6le, anytl~ing in said note or herein fo f~~~ ~onlrary nof~oill~sfancling. I'ai~ur~ ~~y fhp morfgagee fo pxercise any o~ fhe riAhfa or opltons tierein proi•i~~~~~ s{io~l nol conslilul~ n u~nit~~r o~ any rit~tils or opfions un~~r sai~ note or ttiis mortgage accrue~ or f~~or~a~ler a~cruing- ~n ~itness ~hereof~ I~~e sai~I morlgnpor tins J~erPUnfo si~ne~ A-1~ SPQIPA I~PSP PrE'SP/IIS thP ~~ay anr~ V~ar ~inf a~iore tnriffen. S((~/IP(I..SPAI~t~ nnt~ ~~i•~iv~r~c~ in 1~~~ pr~s~>n~~c~ o~: . . ~, W.~~i~}..~~~ . ..... ... ...........•. .._• _.. _ ._ ..._' - ~ W. ~ ~_~~L ~~~ ~t ~ _~.~1~ .. - ._ - ~ / ~_~a ~s - ~ ~/'~ ... .......~_ - -- -......_..-- ~ - -- --~ . ~c--.~~ - ~ ._. . .. . .. . .... .. . .... . . . - - - -~ ....--~ ----~ - rRichard K. Carroll . .. ~ . . . _.. .. - - - STATE OF FGURIDA, t c:c~~-~~rv c~F ST. LUCIE ~ _ . _. ~ 1 HERFBY CERTIFY that on thii day, betore me. an uf(ir~r dul>~ authori~~d in the Stat~ afor~said and in th~ County aforesaid to ukc acknawledRm~nts, p~rsonally appeared W. DUDLEY SKAGGS and RICHARD K. CARROLL, ro m~• known to F-r th~• prrwn g d~uri6ed in and who ~zccut~d th~ forcqoinq instrument znd they ~~k~ow~R~ '+ Ixfur~ m~ that the~x«~<<a the sam~. -~-'a' ~'~". --'' Z~t~'1 _~ti~ .•~ K'17~\ESS my h:-nd and o(fi~ial s~a) in th~• Cuunty and Stat~• last afor~said this day of _-'i.Y `' `:~: • ..~'~;t~ j . ~ ,•`February •1. D. 19 81. .; •~t\. . . . ~ ~ ' . , ;... s ~ f . '___.'.""'..__' ""."'."' """........""""""'...""""_""""........'_. ~~ Notary Public, ate of Fla. at Large . My Commission Expires: -~ - 7- 8S 5184b1 I~~i n'IAr •~- ."~ 3- ;: ~' , JHI~ It1ST,^,11:~F.'(T VlnS Fr= ='~cJ r/ I'!.rt \,: f I. f!~ i~ i; i 401~P. ~L`JIH 1-iC'~`= T.:•:=r i~ .~ _ fORT PIERCE~ FLORt~a1 ?.:~;,~ ~~/1S J//S//IlllJf~l/ fllfpllll~~ ~1~-: /~l~l~lCit. 'r 's "s ~ 7 ~~~ ~ ~ ' ~~:.~.~ ,~ .. ,.. , . ._. «. .. . - . . - ~ ~~~~~ ~«~i~/UV ,: . , - ;~ ,`~ y• ~.,;-. R: . : t~ : ?% ~_` . , _ .~-P ~ ~ ~' _'_ _ _ ~ . . +n ."~E`~4`~ `~.-~~