HomeMy WebLinkAbout0963 one~ i1~a~~ ppr(wm, c~omp~y u~ill~ and obid. 6r ~1~ and erery t~t op?t~wNnt,~, •ttpubtions, eondlttau and
~ c~onenunt: ~I~ereo~. and o~ thi: inortpaQ~, fi~~n tl?is mor~paps ond tl~• tilale I~~n6r c~mtrd, :hall ceas~, d~- `
~Piit~lilC liilll ~ iiiii~ uit~~ i~v~~i.
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II~P mortAa~or hen•by (urther coi~enanls and agrees lo pay prompfly u~hen dw th~ prtnripnl nnd
inienesl an~ ofher sums o~ mor~ey proric~ecl jor in sntcr nofe and ftils mortgage, or etftier; to pay a~~ n?~
~ stnpular 11~e tn.rps, assessmPnts, Ipi~ies, liabili~ies, obliqations, and encumbmnces o( every nulurs on iaial pro-
p~?fy: fo permif. commil or su~~Pr no u~astP, impairment or ~eteriomtion o~ sai~ ~and or fhe impro~~emenli
~ thprecn af any limP; fo ~Crep f{iP f~uil~i~~c~s nou~ or tierea~f~r on saic~ ~an~ (u~~y insurea in a su?n oj nol ~est
ftian
in n com~x~ny or ~on~pani~s acc~ptablp to Ii~P mortgaflee, the poli~y o~ policies to !.e hptd by, and pnyable
to, said mo?t~ac~eP, and in fhp evenl any sum of mor~ey 6ecomes ~,ya6[~ by virtue of such insurance flt~
mortgagep shal~ I~a~~e Il~e ri~1~t to receii~e and apply Ihe same to Ihe indebtedness here6~ securetl, accounting
to f~e mortya~or (or any surp~us: to pay a~~ costs, cha?ges, n?ic~ expenses. including ~nwyer~s ~ees a~t~ tit~e
searrf~es, reasonal~~y inc~ure~ or paid 6y ~hp morfgag~e tiecause of Itie Jai~ure o~ fhe mo?tgagor fo prompt~7l
and Ju~~y e•omp~y u~ilh fhP agreemenfs, stipu~alions, con~ifions anc~ coi~enanfs oJ saic~ note ane~ I~is morfgag~,
or eitlier; to pp?Jorm, comply u~ith and a6ide by each and every !{~e agreements, stipu~ulions, rnnditions and
conenanfs sef ~orth in saic~ nofe anc~ this mortgage or Pither. 1n fhe evenl the mortgagor )aib to pay when
due any tax, nssessmenf, insur~nce premium or of~er sum o~ money payn6l~ 6y vi?fue o( saicr note nnd thtt
mortgage, or eit~~er, f~ie mortgngee may pay t~e same, wit~out waiving or a~~ecting fhe oplion !o foreclose
or any ofher rif~I~t {~erpun~er, and u~l such payments sI~aII 6ear interpst )rom date thereo( at Ihe higl~est Iaw-
(u~ rate then nllou~e~l hy fl~e lau~s o( t{~P State of F~orida.
l~ any sum u( mon~v her~in re~erre~ io he nof prompt~y pait~ within 15 days next a~ter
~ the samp bpromPS due, or i( earh and e~~ery Ihe agreements, stipulations, condifions nnd covenants of saie~
note and this mort~age, or eitl~er, are not (ully RerJormed, complied witl? an~ a6tdpd by, then the entire
aum mentioned in said nolP, and lhis mortgage, or the entire bnjance unpaid thereon, shal~ )ort{~wit{~ or
t~erea~ler, af Ihe option oJ the mortg~gep, become and 6e ~ue and payab~e, anyftiing in said note or ~erein
fo t{~e co~lrnry notu~if{~sta?icling. Failure by the morfgagee to exercise any o~ fhe rig~ts or options ~erein
pronic~e~I s~al~ riot COr1SIt1U~P n u~aii~Pr o~ any rig{~fs or options under saicr nofe or ftiis mortgnge accruetj or
l~erea~fer arc•ruing.
~n ~itness ~hereof~ fhe saic~ mortqagor has {~Preunlo signet~ anc~ sealecl fhese presents il~e
t~ay an~ year ~irsl aho~~e u~rillen.
Sig . ea~e~ an~ ~e~i~~ ~ in 1{~P prnse~icP oJ:
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~ . L.l~~--`'... - - - - --..c~~--~.... . ~ - --.....~~j -
- David L. Houston
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STATE OF FLORIDA, ?
COUNTY nF St. Lucie ~ ;
I HEREBY CERTIFY that on this day, beforc mt, an i
oi(icer duly authoriz~d in the Statr a(oresaid and in the County a(oresaid to tak~ acknowlydgmenu, penonally appeared ~
David L. Houston j
to me known to tx the person described in and who executed the for~qoing instrument and he acknowkd6ed #
beforc me that he exccuted the same. .
N%I1:'~IESS my hand and official seal in the County and State last aforesaid this ~h day of ~
September A_ D. 19 H3 ~
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Patrlcle L. Neu ~
Notary Publlc Stats oi FbMda at Lupe
~ 1MY Commi9sfon
, ~ Explres June t~, t985
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Tl~rs I,ur~„rF~,r pr~pa~rd by: xob~fx A:' 'Vatt Natta ::'JrJK PAGE t7D~
~ Add.cu 8405 South Indian River Drive, Ft.Pierce, F1. 33450
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