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HomeMy WebLinkAbout0532 an~ s~i~(~ p~tjorm, comp~y toil~~ u~ul a~~t~l~ ~,y eac~~ ~ni~ e~~~ry the aF~reemP~~fs, atl~~u~ations, corulttlons c!ne~ ro~~e»nnfs l~ier~ol. anc{ o~ I~~ic rnorff~n~~~. 1~~~~~ i'~is mortfJafl:' ane~ t~?P PSIQIP {i~rt~hy create~. s~~al~ CP(lSA. c~e- ~Pfl/llllP (lJl(~ ~1P Ilil~~ llll(~ t~l)11~. - ~n~ f~~e mortc~n~~or ~~en~{?~~ ~urtl~er co~~e~~nnts anc~ agrees to pay prampf~y u~Iien cluQ fl~e p~i?tclpa~ anc~ ~ interes! cuu~ c~l~u~r sums n~ monc~y prot~i~~ec~ !or tn sai~~ nale anc{ t~~is morf{~ufle, or eit~~e~; fo p~y u~~ unc{ str~~ular Ili~: ta.~~s, as~rssrnr:~fs, ~et~i~s, ~ia~,i~ilies, o~~~i{~atlons, nnd e?icum~~rances o~ every naiure on saic{ pro- pe~ly; lo p~rmil, conimi! ar si~(ler nu u~asle, impairment or c~etoriorntion o~ saic~ ~a?u~ or t{~e improt~emc+nls I~u~~~en nt cuiy lime; to R~~~~p f~~~ f~t~f~~~inc~s no~u or ~~er~af ter on saicl ~nnc~ f u~i~~ Insurecl i?i n sum Q~ not ~ess ~1,~?, fu11 insurable value ir~ n co:?~pn?iy or i~ompnnii~s nrc~~pla~~~~ to f'~~ mor~~nf~ee, f~ie po~icy or po~icies to ~~e E~e~c~ ~?y, ari~ pnyahle to, saic~ mart{~a~ee, arul in f{i~ .~vent ,(tny sum of mon~y ~~ecomes payn6le ~y virtu~ o~ sc~ch insurnnce l~ie mor~~a~~~ s~~nj~ ~~ai~e If~e ?i~~~t lo r~e-eit~e a+ic~ apply tl~e same to tl~e inde6tedness ~ereE~y secu~ec~, accounfing ~ !0 1'i~ mortna~or jar any surp~us: io ~>ny a~~ cosls, cl~arges, ancl c~xpenses, includin~ ~awyer~s ~ees anc~ tit~e # searcf~~s. ~<~asona~~~y in~i~rrerl or pni~j ~~y I~ee mort~~gee ~~ecause of t~ie fni~ure oJ If~e mortflaQor to pronepl~y ~ an~ ~tit~y i-omp~v u~il~~ 1'ie a~rc~~>m~nls, slipu~ations, conc~ilions an~ cot~e~ttants o{ saicl note and tbis mortgnge. or eil~~er; to p~rjo?m, comp~p ~i~it~? an~~ a~~ic~e.~ ~y enc~~ ancc every Ihe a~reements, slipu~afions, condifions nn~ ~ ~ ron~nanls set lorl~~ i~e snic~ riote a?ic~ t~iis ntorlfln~e or eitE~er. /n t~~e ~t~ent the m~rtg~gor Jae~s to pay u~hen d•_i~ any t~~z, assessme»t, instirnnCe prerriium ar oflier sum o~ ??~o?~Py ~QyRf~~o ~y virlrie uf sait~ ri~te anc~ if~is morlc~a~~, or ~itf~er, t'~e inorlc~ac~~e may pay fhe snm~, tuit{tout wai~~infl or aJ~ectin~ !he option to joreclose - ~ or any ol~~er ri~{~t F~ereiuicler, ~nd aIl such paymenls Shail bear inlerest ~rom date t~~ereo) at !he l~igf~est law- ju~ rate Il~en a~~oivecl i~i~ t1i~ ~au~s o~ tl~e Slate of T'~oricjn. a?ey sum of mortt~~ i~er~in re(~rre~ to ~~e noi prompt~y paic~ u!itf~in ttllrty days.next u~ter t~i~ snme f~ecom~s ~~ue, or if eac{i anc~ c~uery Ih~ ac~reem~nts, stipu~ations, conc~iiions nnc~ couenarits ~ j saic~ not~ nnci thi~ morl~ac~c•, or ~itl~~~r, are not Jujly perjormetl, complied with and ubidecl by, t~en fhe entire. sum mentioned in snid notP, nrid f{iis mort~lag~, or fl~e entire balance unpaid ~hereon, shall ~orlF~with or, thereaf [er, at t~~c~ O~IlA/l o~ t~ie mort~aflee, 6ecome anc~ c~tie a?ic~ payah~e, c~nylhing in snic, note or Eiersin . fo Il~~ contrary notwit'~slanc~inc~. f ai~ure I~y tf~e mort~a~ee !o ex~rcise nny o~ the riflhis or options hereen pronirlec~ s{~a~~ not consfitul~ n wni~~~r o~ any'rigF~ls or opfions un~er saie~ nofc+ or !{~is morf~age accrue~~ or _ IIlP7PAjt~r acrruin~. _ ~n ~itnes~_ ~he~reoE~ _t~ie saicl mortc~agor ~~as'iereureto signetl nnc~ s~a~ec~ tfiese presents t~ie <Iny ancl yenr jirsl aE>~!~e ~r.•iiten. ~ne sea~ec~ nric~ c~ in r~t~ f e pr en e,of: • ~ t ~ C ~ f~ ~ . _ l . _ ~%l. t _-.r.~. ~ • _ G-~'L"~.. - ~ ~'v~~-<..2_.~~~ ~ - - ~ - ~ - i'~ Richard T. Pancoast , . - - ~ ~ - v.e...~~,t-~.-~--------~---- ' ~ ~ _ , _ ~n~_ / `~.,~-z-a-~- ~ _ - Donna Lou Pancoast - - STA1"E OF FLORIDA, ~ " c~LtiTY ~F ST, LUCIE ~ . - I HEREBI' CERTIFY that on this day, before me, an • of(icer duly authorized in thc Stat~ aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeared RICHARD T. PANCOAST and DONNA LOU PANCOAST, his wife, , to me kno~sn to bc the_ person $ drscribed in and w•ho e~ecuted the (ore¢oin~ instrument and they acknowlcdged _ ~ ~ . _ _ beforc mc that they rxccuted the same. . ~1'I~ i\ESS my hand and otficial seal in the County and Statc last sforesaid this 1(E~h day o[ ~ - _ _ May A. D. 14 7 S. ~ _ - ~ ~ ~ _ ~ . Notary Pu tate of Florida a Large - _ ~ My Commi.ssion- ExpirES : ~ 12/20/76 f1LEa Af,D RiCORDEO - . - 57.LUC~ ~~Fj T~AS~, ~ . ~ , - ctERx 41` ~`s~T CeuRt;~ - . _ ~ . ~ , ~~E~~~F1ED..~..+~.° _ ~ : ' . ~ R~coF~ '~;•:~,j:'~ L; :4, , 45 ~'T~ - - _ ~ r:~' ~ ~ - 3 ~ 3094~4 : . _ s~`~~ - _ ~,.•.-_J~~e?j:~, _ ..o - _ -,,s;,, - b,~~'{/~e Z h : ~ "ll;is L~s~rri»citl pr~Is~u~J 1)~: - - :.~i+ii~:«??•'.`~.- t 7HIS !'iSTRU'~C'tT 0 Q ~4(1 'r . :1 ~~dn• s ~ ~s ; ;=~-,.~;~o sY~ 80uK tJ PACE . i SPEMCER B. GIL~~~?T, 't,orr~y at Lzw - I SfC4HD SiREFf , f~. P?:;:tE, fU1. 33~~0