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HomeMy WebLinkAbout0934 an~ sha~~ per~orm. comp~y with und a6ide by Ra~h and ei~ery fhe ngrsemertl~, stipu~attons, condllloru und covenanl~ tl~ereof, and o( tleis mortgage, tlten tl~ts mortAage and the ealala h~?+sby crnated, ihall cewe, de- fprmtne and be nu~~ ancr void. I1~ ftie mort9ngo~ her~~6y (urtRer covenanti and agreet to pay prompl~r whpn due t1~s p~incipal nnd infereet and otl~er surns oJ muner proi~iclec~ (o~ tn aaid note and fhla mortgage, o~ etther; to poy alI and singu~nr f~e taxe~, a~sPSamenla, ~evtes, ~tabi~ittes, ob~tgafiona, anc~ encuntbrancet o( every nafure on taid pro- peNy; lo permit, commlt or ~u()er no waste, impatrmenf o~ deterioraflon o~ said ~and or Itie tmprovementa t~preon af any time; to ~reop ?~e huilcling~ now or here~ajfpr on sald land /ulir ineured !n a sum o~ not ~eti ~I~a~ $30,000.00 in fire and windstorm insurance in a cumpany or compnnie~ uccoptabtQ to 1}~e mortgagee, i{~e po~icp o~ po~icies to be held by, and ~ya61~ to, said murlgngee, and in the euQnt any sunt oJ money becomas ~yo6l~ by virtus of such insumnce t1~e mortgnAee s{~n~~ tiave the rtght to rereive ancl app~y the same to f~e tndebtedne~~ 1?ere6y secured, accounttng to fhe morfpagor ror any surp~us: fo poy a~~ rnali, ctia~gea, and expenaes, inc~uc~ing ~awyer~~ f ees and tll~s searrl~PS. rpasonnbly incumed or paid 6y the mortgugee 6ecause o/ t~e ~`alluro o/ the mortgngor to promptly an~~ ~u~ly comply witf~ fhe agreemenft, ltipu~atlons, condttio?ea nnd covenant~ of sald note and.tl~l~ rnortgage, or pif~~r; to perjorm, comp~y wif~ and abide by eoch and every tl~e agreements, attpu~afions, conc~lttons und co~~enanta set fortl~ in snid note and t1~is mo?tgag~ or eitl?er. ln tha euenf the morlgagar /alla ~o pay wf~en _ due anq tax, assestment, insurance premium or ot{~er sum o~ mo?~py paya6l~ by vtrtue o~ aaid nofe and f{~is mortgage, or eit{~er, the mortgagee may pay t~e sa?ne. uri!{~out ~ualving or a~(ecling t1~e opllon to ~orec~ose or any othpr rigF~f F~ereur~er, und all suc{~ payments s{~aII bear interet! ~rom dafe tl~ereoJ at the htghest leu~- ~ul mte tken allowec~ by t1~e ~awa o~ ll~e Stoie o~ Flori~n. ~l ~ny sum o~ money herein re~PRP~ ~O f~e not prompt~y paid withtn ---2~ ~ays next a~ter ' f~e some ~~-omes due, or if eac~ nnc~ pnery ttie agraemenls, slipu~ationa. conc~ltions and covenanls of sa1t~ note ancr fhis tnorfeage, or etther, ar nof ~u~~y performec~. carnplied u~il~? .and a6ided by. l~en the enNre ' sum menftoned in aaic~ nole, and fhis morfgnge, or !he entire ba~ance unpaid iherron, aha~r ~ort~wit~ or ~ tl~ereajter, n1 the option o/ ~I?e mortgagee. 6ecome and 6e d~~e m~d payn6le. ~nylhing in said note or {~erein to t~e confrary notu~it{~stanc~ing. Fallure hy fhe mortgagee fo exeretst any oE !he righfs or options ~erein ~ prot~ic~~ s~a~~ nof ronstih~le a iraiver oj any rig~ils or options unc~er salc~ nofe or tkis ntortgage accruec~ or , l~PreaJfer accn~inA. ~n ~itness ~hereof~ f{~e satc~ mortgagor hns hereunto signed and sealed these presenfs 1f?e ~ay an~ ypnr ~irsf ahove u~riftPn. Signe~, sPa~ec~ ar c~elir+e~e~ in the presencp oj: ' " . JG~....--- ~ . ~ ~l ~ 'I ~ ~ - - - - - ~ - . .~ohn . _l n... Jr.•. ~ , ~ ~ e-~-...~ 1.~ ~1~_~,. - ~ - y - - - - . . . - - ~ - ~ - - - ll~oroth . . . .I~1cMillan - ~ , ~ . - - - ~ , I ~ S"i'ATE OF FLORIDA, ~ GOU:~J?Y OF S t. Luc i e ~ ~ ~ I HEREBY CERTIFY that on this day, be(ore me, an ~ ~t1~~icer`dvly authorized in the Stat~ aforesaid and in the County afor~said to tak~ acknowledgmenu, p~rsonally aQpeared ~~•`~ohrn-~14~,I~~iillan Jr. and Dorothy M. McMillan , his wife ~ • f•' . . _ ~ ~ ~ - 1 ; ~~•,ts~~;~nGrq 'tv;be: the p~rson S deuribed in and who ~xecuted the tortqoinq instrument and they acknowkdged befoxane t~tt they._. ~x«~«a the same. ~ 4 . ( . i~ E'~ " = I - J~j)T?t~~3,`~'M~ hand and otficial seal in the County and State last aforesaid this ~ ~~rl day of ~ - ~;~~~ti' ~ ~ A. D. 14 $ 3 . ! i . ' ' ~ • ' • ' . . - _ . . _ . . . My co issian e res:l2Feb/85 i . ~ ~.1 +~a~J'4 4 1~3 ~h.1 29 P~i 12~ 34 ~ , .r:v~~:. ~ ~ J.r~~~~i,c~f~.t~Lt" ~ F ~ `;i I,~` ~"~r ~~:41 ~ I ~ F.A.Harris ~ i 7'l~is I~wni,~n~~r~ pr~Fnrc~f !ry: 4 0 3 S. 6 t h S t. I Fort Pierce, Fla. ~,,,~,T<« $~o~ 4a7 PAGE ~o ~ . . _ . _ . : _ ~