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HomeMy WebLinkAbout2732~[i'K ~~. fA6EUU7 :T, iUClfy C:'l~N i `~ ~t and shu{{ ;,or(nrm, cunrp{~• tnillr and abide by each anti every the agn•ements, stipulations, conditions and corenruus therruf. and of Ibis mortgage, then ibis mortgage and the esfnte hereby. created, sha{{ cease, rle- Irrminr and hr nu{{ and Moir{. ~ln~ Il,r murl~larrur herel,~• further r•ot•ennnls anr{ atlrc•es to pal• prurnplly w{ten r{ue the principa{ ant{ inlr•re.l and ofhrr .ant. of money proriderl for in lair{ Hate and this mortgage, or either: to pay n{{ and .inrlulor the Imes. ussessmrnts• levies, liabilities, obligolions, and cnc!tmbranres of every nature on said pra perh•; lu prrntil, commit ur suffer nu truste, irnpairmenf ur deterioration of said land or the improreme~tfs Ihrrrun nl tutu linrr: lu Rerp the buildings n,u• or hen•afler un sold {tool fu{lV insured in a sum of not less than SEVENTEEN TIIOUSANR TWO IIUNt1REn c4 00100 nOLLARS in a runrpunv ar rumpnnies arcephrble (u the mortgagee. Ilte policy or policies to be held by, and payable Io. :Hid nu,rfrlarlee, nnl in tla• event any sum of nu,ney becomes payable b>• virtue of sac{t insurance the morhlagor .hull bore the ri!!ht to n•ceire and apply the same to the indebtedness hereby secured, accounting to the nu>rt~ingar lur arty snryrlus: hr pny rdl cosh. charges, and e.epenses, includinft lmryer•s fees and title searchrs. n•aonnbly in urnvl ur paid by the morfgnger because of the failure of the ntortyagor lu promptly anti tally cumpls• u•itlr the agn•rnu•nts, stipulatians, conditions and corrnants of said Hole and Ibis mortftage. ur either: to prrfnrnr. cuntpl>• with anti abide by each and every the agreements, stipulations, conditions and rurcnrnts set (ortlr in said nrh• and Ibis nu;rtgage or either. In the event the mortgagor fails to pny when due any fax. a..ecsnovrl. insunuu-e premium nr ufhrr Brun of money payable by virtue of sa:d note nnr{ flris mnrfgaye, ue_eilhor, tlu• mortgagee nary pav the some, tritlrout tnaieinq or affecting the option to foreclose ar atr\• Other right herr'Ir/icier, allfl all SUeh {rUVmPn tS shall Dear fntereSi from rlrltP thereof at ihP hlgltest lalD- lnl role Ikon ullun•wl by the lnu•s of the ~tafe of Florida. ` ~ thirty l f ~L ^rr~• "un al nron•v herein rrlerred fu he nut promptly pair. tvifhin r uys next a ter tbr• .onu• hecunrrs tine. ur it rn<~h anti every tlu• agreements. stipulations. conditions acrd covenants of said Halo and this nu,rfya~le, ur tither, ore nut fully performed. r•omplied with noel abided by. then the entire stun mentioned in said noh•, and this mortgage, or the entirr balance unpaid thereon, shall forthwith or thereafter, at rho uplion of the nurrfganre, become nnrl 6e due and payable. anything in said note or herein to the contrary narrillraanrlinrl. 1=ailun• by the mortgagee fo exercise any of the rights or options herein pruridrd shall nrl canslilule n matter of any riclhts or options under said note or this mo:tgape arr•rued or fhereuller act-ruing. ~n ~lt(1e55 hECe~f, the said mortgagor has hereunto sirlnerl anti sealed these presents the I day and near lira abnre u•riffrn. I' signed, sealed unl delirernd in the presenrr• of : II ','1, _. / ... ~ .. - _ _® __. ___ _. cx)r~"r~" c)l ST. LUCIE I I{F,RF.Bl' C:ER"rIPti' that or this day, before me, an offi+rr +lulc .nnh,~ri~rci in thr Starr :+fores.tid and in the County afomsairi to take acknowledgments, personally appeared Chartes J. Gaal and Kathleen A. Gaal, his wife to un• known u, hr th~~ prrsun cirscrihed in and who executeel the foregoing instrument and t17ey acknowledged hr(or~ nu that they c~cruted the same. \\'I'l \F;:iS my hand and official seal in the County and Starr last aforesaid this 2'2~ ••.. day of -3L5< . .,;.~, ~Il~~ _AN~ ft~~D~D~p I"' -- cis Record.3GOK 19b~ OTC 26 AM 5: 26 RUG~R PAIfiAAS, CIERK ST. LU~I~ COUNTY, FLORIDA ~i ~iO ~1' .. . . :_ . .. 1_. }: Notary Public, State of Florida at large ~~'~;` iffy Commss~on Exp;res pct. 21, 1964>J',': ~_ BOndt3d by Arrterican Surety~q~ ; tqf '•r~ r~••..t` . ,~ .~ _ r, r '~•r~ ........•