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HomeMy WebLinkAbout1286 ~f: ~ ~ ~ - . k ~ and rhall per~orm, comply u~tlh and a6ide 5y each and ene~y the agwemenll, sllpulatlonr, condtflons and coi~enan!' Iheroo~, and o( l~i~ mortgaga, t~~en thi~ mwlgapa ar~c~ fhe e~tate f~ere~y creafed, ~~a~~ cewe, de- termine and be null and votd. ~ ~ Ihe mortgago~ I~eruby (urther covenantr and aQraei to ~y promptly ~uhen due the p~nct~xil and . i~tere~t and othar aunia of moner provtdad ~or tn iaid nole anc{ t~ti mortgage, or eill~er; to pay al~ nnd singular tf~e taxes, cuiv~rments, ~eW~, jiabllitiva, ob~lgnflona, and ertcwn6?nnces o~ e~ery nature on aatd pro- perty: to pee~mif, commlt or iuf~er no waafa, Impairvnant or ~ttr{or+ntion p~ said Iand or the improvemenlt tl~areon at nny ti?re; to k~p the 6u~ldtn9• ~ow o~ her+~aJter on aatd bnd jully tris~irec~ in a sum of not Ies~ ~l~an $17,d00.00 in fire & windstorm insurance. in a company or. compartios acceplab~ to t~?e mo~igagee, fka policy o~ po~tcte9 to be he~ hy, an~ payab~e - to, said mortgagee, and tn tfw evQnt any ~wn o~ Rtonar ~x.~omer paya6[~ 6y virlue of such insurance .the morlgagee ~Ieall kaue lF~a rigl?t to recoivo aru~ applr th~ scv~t~ to !~?a indobtedneaa hereby secured, account~ng ~ fo t~s mortga~or ~or a~y ~utp~w: !o pay aU ewts. chargee. ana~ ~~pa~ueo. tnc~udtng juwyer~a ~eus and tit~e seorc~e~, ren~anably t??c~ured or pnid 6y thQ mort~oq~ ~caus~ o~ t~ ~al~ure o( the mortgagor to prompl~y and (u~~y comply wtt~ If~o agrQemenb. rtipu~attona, c~onc~fliont anc~ covenanfs o~ anid note and tht~ tnortgage. • or eilher; to perform, comp~y wtth and abfdie. 6y oacl? and fwry tha aprv++ttents, stipu~attons, conc{itions and covenanb iet ~ort~ in iai~{ note w-.r~ fhti mortgaps or dthQr. In the evQnt the mortgagor fai~a fo pny w~en ' d~ ~?y t~r, naseaansent, inaurance prQmium or otf?Qr. swrt of money pa~ab[e 6y uirtue oj said note and this - . rnort~aqa, or either, t~e mort8ag~ rway pay tttQ samv, witkout wntdtrtg or aj~ecting the opUon to lorec~ose ' or any oRher rtgF~t hQrounder, dnd aU acac~t puymenb shall bear intere~t from date thereoJ at the htghe:t l~w- ~ul ralQ then allowed by tF~o lawi o/ ti~e Sfata o/ Florts~a. ~l nny sum of nrtoney ~erein rQ~wroc~ to ~e not prornpt~q pafd wtfhtn 30 ~ dnys_ next a~ter , the aamv Lecome~ due, or i~ each nnd ew~? tl?e agraamQnt~, stipu~atio?u, concltiion~ ancl covenants af said note and lhts nec?rtgage, or Qit~4er, arQ not fu~Iy pw~o~w+ed, c~o~i~ wlth;and a6ided by. Ihen the enttre ~ ium ~nenttonvd in iaid noto, and tl~ta ~o?sgagQ, or the vntir+Q .balanoo unpatd iF?ereon, shal! Jorthwith or t/?ervaf tar, at the option a~ the n~orfqapav, 6ocb+r~v a+d ba dw and ~~6[e, anrt~tng in said note or herein - - to the contrary? notwithelandtr~g. Fatlta~ by tlw ntwtgagav b~xarrctie an~r of fhe r~ighfs ~ or options herein provic~ec~ i~?uu not conatit:~tQ a wateror oj an~ rtgi~t~ or opttons unde~ snid note or t~is mortgage nccrued or tf?erea`ter occruing. - ZRq~~ fVIK~~ thv satt~ mortpapor has hereunto signed and sealed theae presenfs the ~ day and year jtnt aEwve wriKen. " ~ - . - . - ~i . iealed d de~inered in t1w o(: ' - . - _ i L ~ % . ~ - . . ~ _ -~/~lll~ ~ ~ . ~C.~~:~.....~._... . : - - ~ . . ~ - ~ - ~'?'AT1C OP ~.OAIDA, " - QOUNTY OF - St . Lucie - I HBRRBY CftRTIFY thac on thi~ day, be(ore me, an afiitet c~ts}~r a~thorirsd in the Scete alot~aid t.~d ist th4 Oountr n~orc~3id to ta~s ackao~rledgments, gersonaily appeared _ Samuel MePhall - W we ltaoe?o b be d~e perx~n d~crbe~d i1 s~ld who tx~e+tqd t0~e forego~ag inatruiaent and Wr10 acknorrkdged ~ bdorz m+a ~ he ~ axecwtsd t5. .e~i.t. - . WITNBSS ~ tiasd aod dtieial seal fa t1~a Copatr swd Scatt ~ast a(oeya~id ti~n 2rid ,.~~'~'c.o :_::~„o~"aY, d ,s . - - y~. "c`,`' - - June A. D. 18 'j5 ~ 4~'~: r - _ ~ = ~ C •~r'~ Fi~EO ~Ko ~EU RoEa _ ` ~ ~ ~ - - st.~uc?~ c~uK~r ~u. ~ ~ = .d:- : - ROCER i 4?TRbS - ..?~r~~ ..............'--------•--...--~-~M-----C? _ . CiERK C13GU~T COURT ~GL'-' `.y - ;'~c~ ~ RECOP,T, yFRtSIEO...~ a~~'`~ Q NOTARY NULIC STATE OF FLORID/1 •~j~ ~~A.~ ~ d~ - ,Jur~ tp i zo gH'75 . . ~P~S QK. ~ ~ ~ 80NDED iHRU ~ENERqt, INSU~At~rr tl~;~mgH,.R17Ea; ~ _ 3~9~~~ _ _ - . - . - - . ~ T1ru Inanrn?r,w pr~prr,~d by. F. A. Harris _ - ' AAdr~ 410 Orange Ave . . $Ol~li~ f~~~ ~ Ft. Pierce, Fla. ~