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HomeMy WebLinkAbout0947 nnd shall prr(orni, ~on,ply w!!l~ nncl a61c~e f~y each anc~ every tlie apreements, ~Hp~slalton~, conditfons and couenanfs If~ereoJ, ancl oJ f~i(s mor!{~a~te, then Ihis mor!(~af~r ~.~iu :i:^ eatute here6y c?c+atsc~, sha~~ ceasc+, ~e- iPrmino ancl h~ m~~~ anc~ ~~oi~~. . ~n~ f{~~ marfqa~or l~er~~by f urthor covenanls anc~ apreoa fo pay prompt~y when due tho principal anc~ Inleresl nnc~ ol'ier surns o( monc~y prot~iclec~ ~or !n anic~ nofo and tf~ts mortgape, or eN~ier; fo pay all and - siripu~ar ihe tnx~s, assnssmerifs, ~evles, ~iaE~tltti~a, ob~l~altons, anc~ encum6rances o~ every nature o~z aatd pro- pe~fy; fo p~rniit, commit or su1~er no tunst~, fmpairment or deterioralton of saiti ~:~~tc~ or t{~e tmprooemenfs I~~er~en at any Ilm~: fo ~i~~p f{~e fn~t~c~in~s noiu or ~ierenjter on 4atd land JuUy lnsurec~ tn a aum o~ not ~ess ~j,~r, the highest insurable value, iri a co??ipany or compar~ies accepln~~e to t/~e mortgapee, I~ie po~iry or po~icies fo f~e hpld by, anc~ payable fo, saic~ mortgn~ee, nr~c~ in t~ie evenl any sum o~ money hecontes payab~e ~~y virtue oj such lnsttrance tf~e. morfpa~e~ s{ia~~ ~iave t~~e ~i{~E~t fo r~cein~ an~I apply tlie sa?ne to the inde6tedness {~~re6y secured, nccoun!!ng fo fhe morf~n{~or (or nny surp~us; fo pay a~~ cosfs, char{~es, a?id expenses, includinfl ~awye~'s jees ant~ tti~e r},; searches, r~asonnl~ly ir~rurre<I or n~~d 6y ~h~ mortQngee hecause o( the jailure o( the mortpapor to promptly' . anc~ ~u~~y comp~y tuilft tl~e nprec~ments, slipu~ations, conr~ilions anc~ covenanfs o~ saicl nvte unrl this mortgage, or eil/?er; to perjorm, compCy ~uit1? and abide 6y each and every l~~e agreements, stipu.u::~ ~flnc~ttions nnd covenants se! forth in satd nofe anc~ lhis mortgafle or eilher. /n t~ie event the mortgapor ~at~s fo pay w~en c~ue any tax, assessmnnf, insurnnre premtum or olher siem o~ money paya6le ~y i~trlue o~ safc~ nole and ff~is mort~~~e, o~ eil~~er, f~~e morl~a~e~ may pay the same, wtthou! waiving or ajfecting ihe oplion to (orecjose" or any ot{~er ric~~t I~eretmc~er, nncl a~~ such paymenis slinll bear tnteres! ~rom dale fhereof at t{?e higlie~t Inw- ~ul raie f1i~n allowed by Ihn la~os o( the State o( Florida. • ~l a~iy sum oJ mon~y Itereirt re(errecl to he not prompt~y paicl within 30 t~ays next a~ter - th~ samn ~~ecomns du~, or iJ ench nnd enery t{~e n~reements, stipulations. conditions and covenanls o( said note an~ t~~is morl~~nc~e, or ~if~ier, arn nol ju~~y per~orme~, comp~iec~ witE~ anc~ a~ic~ec~ by, f~en (he entire sum mentionecl iri saicl note, anc~ t{~is mort~age, or fhe enfire balnnce ttnpait~ ihereon, sha~~ jorl~with or thereajter, n! t~~~ opfion o~ I~ie morlgn~ee, ~ecome anc~ be clue and pnya6le, anythinQ in sai~ note or {?erein to lji~ ~ontrary noliuil~istcu«lin{~..rai~ur~ ~~y I~~e ntorlgu~ee (o exercise any o~ the rig~ts or opttons herein proviclecl s~ia~~ nof constiful~ a u~aiver o~ nny ric~~ls or oplions un~er sai~ nofe or lhts mort~age accruec~ or t~ierea~t~r nccruin~~. . ~~Lness ~hereof~ i~ie saic~ morl~n~or ~ias I~nreunb si,ryne~ ancl sea~ec~ l'~ese presenls t{?e clay ancl ycnr ~irst a~~ovo u+rilfen. Sig e. senjecr anc~ c~e~'vrr~~~ in I~ie pr~senre of: ~ W7t~ .a.....- ~JlC~G-~77'2~C4~ """'""O~~ L~C.rZfT " " . ; . W ness VEtiMA--~:---DAV~~_..._ _ ~ ' ~.`.-tc~!?..,~`-~...--~~...- Witness . ~ STP.TE OF FLORIDA, ~ CO[;~TY C)F s~r. LUCIE - I HEREBY CERTIFY that on this day, before me, an offircr duly authorized in the Statc a(oresaid and in the County aioresaid to takr acknowledgments, p~rsonally appeared VEI.MA E. DAVIS, a Single Adult, ro me known to tx~ the person described in and who eaecuted the [orcqoinK instrument and ShE'- acknowledged Ucforc mc ~h:+c ~he ~xecuted the same. • 11'I1;'VE5S my hand and of(icial seal in thc County and Statc last a(oresaid this 17th day of November q, D, lg 86. . , - ` . ~ . ~ ~ r.~. . . _ r`.':4'.".` NOTARY .PUBLIC r; MY COMMISSION EXPI~tE : . ~ - = - ' ~ ' ~i =s~ - - + i C ~ . . e:~1 . ~3'~~ ' ~ . t ~v .L~~ ` ~ ~ Natary PuWoC, $!~M ~ ~ ~ - . ~ 1~,:~j 1+~Y 19 P 3 ~05 My Commis~io~ ; ~ . . Fi~E~~ n?~~ ~ ;E.;: ROGfR °Gtt;~~,:~. ~ ST. LUCIE C~~~~'tf Y. ~L JNIS INSYRUh1EN7 PREPARED BY Bn~#e--E-~ ~anada ~ Tlru I~u~nr~nc~r~ prcpnred Gy: ASSOCIATED LA(~1D titLE GR4UP, INC. ~ ~ 2U5 S 2nd ST. FORT PIERCE, FLORIDA ~ ~ Ad~Iress t;Z ~ Jr ~+~'•~~0 9~ti 2 4 ~ ,