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HomeMy WebLinkAbout0332 ' an~1 si~n~l pi~rJorm, i•omp~y u~itl~ nnt~ nbi~~e ~~y t~ucl~ ane~ ei~ery t1~e ag~Nentents. slipu~alions. condiliorts artt~ ~~o~~ennnts ~l~er~of, a~~d oj tliis mort~~a~~P. tli~n lhis morlqngv arid 1he PSI(ItP he~eby created, s1~a~~ cease, de- _ ~ f~rrnin~ an~l 6N nnll an~l i~oicl. ~ln~ t~~i~ mc~rf~~ayor ~u~n•~iy ~url~~t~r c•ot•~~nanls ~?u~ ugri•rs fo pny prompfly in~~en ~~ue 1~~P p~incipal nn~ i~~li~ri~,l uni~ of~i~~r s~nns o) moni~y pro~•i~~~~~~ (ur in sai~~ nufi~ [t~rc~ I~~is mortcYUµ~. ur eil~~er, tu puy a~~ nnc~ ~ _ sinnula? tl~~ t~x~~s, ass~~ssm~?its, lc•riE•s, lia6ili~i~s, oblinatiuns, and enrum6rances or ei~ery nature on said pro- i : perly: to p~~rmiL rommil o~ sujJor no u~asle, impuirnieni ar ~~t~leriornlion o( sai~~ ~anc~ or f~~e improi~ements f , Ihc~n~un at any Iim~: Io R~ep th~ huildin~s nou~ or Iu~renJl~r on ~aid lanrl jully insur~d in a sum oJ not l~ss ~ , ~I~~?~ $9,000.00 fire and extended coverage I in a com~~ru~y or companu~s a~•ci~pfn~~~e to f{~~ mort,yn~ec~. t~ie po~icy or po~icies fo tie ~~e~~ f~y. an~ pnyabje , ; to. s~i~~ morl~~aqi~i~. cuu~ in t~~~ ~~ri•nf anp sum oj mon~p E~~com~~s paya'~~e ~~p t~irtue of suc~~ insuranre t~~e ~ mortqagE~i~ sliall harr tl~c> ri~~h1 to r~~ce~ii~e nnd apply Ili~ same ro ~hp ~?~dp6~~dness I~ere6y s~~-urnrl. accoiu~ting i : ~ ~ ~ n p g~awyer~s ji~~s un~ lii~e i ~ ~ to tlie morlc~agor or ~n~ sur ~ us; to ~y a~~ cosls, chames. an ex enses, inclu ~n sparches. r~asonub~y incurre~I or ~?~i~~ hy f~~e morf~a~~ee ~~ecause oJ t{~e jai~ure oJ t~~e morlga~or to prompt~y j ~ anc, Ju~~p c•omp~y ioil~~ 1~~~ ayr~em~nls, slipu~alions, cori~ilions ancr coi~enanfs o( sai~ riole anc~ Itiis morf~age. ~ ~ or eif~u~r; to perJorm, comp~y ioif~~ an~ n~i~~e hy each an~I ei~ery tl~e agreemenfs. sfipu~afions, conc~ilions an~ ~ coi~~narets s~t jort~~ in sai~ note nnc~ t~~is morf~a~e or eifher. ~n t{~e event ihe mortgaflor (ai~s lo pny u~hen ~ ~ t~ue a?ty f~x, as.~ssm~~i~t, insu?ance prnmium o~ oll~er sum o~ money payaF~Ie E~y i~irtue of sait~ note anc~ i~is ~ mortgnge, or eit~~~~r. 1~~~ mortc~age~ may pay !{~e same, u~ithouf ioaiuin,q or aJjecting t~~e oplion to jorec~ose ' or ariy ofl~er riql~l Iier~un~ler, ancl all sucl~ paymenfs sl~a~~ bear inferest (rom clafe thereo~ af iF~e I~ighest ~au~- - (u~ n~le tlu~n allo~ned 6~ 11~~ lau~s of If~e Stat~ oJ Floric~n. I ~l nr?y sum oj mon~•v ~~~rein re(errea lo he nof prompf~y pai~ within ~-15- c~ays next aJter i Il~e snm~ ~~~•~•om~s clu~~, or if eac{? anc~ ei~ery tl~~ at~reentents, sfipulations. condilions an~I covenants of sai~ ~ nole an~l 1{~is mortt~ng~. or ~ilher, are not jully perjormed. complied with and abided 6y, then Ihe entirp I sum mention~~l in saicl not~, anrl tl~is mortgage, or tl~e entire 6alance urepaid thereon, sF~alj ~ortl~ivilh or ~ t~~erea~ler, al f~~~ oplion o~ ftie mort~~a~ee, b~come an~ he? c~ue nncl paya6le, anyfhinfl in sai~ note or ~~erein ~ fo 1~i~ coreirary nofu~if~~clanc~i?~q. ~=ai~ur~ ~~y f~~P mortgagee fo erercise any o~ t~e ri~~efs or options ~erein ~ pro~~i~~~•c1 s~~rt~~ nof e~onslifut~~ n trnir~r oj any rigE~ls or options unt~er sai~ not~ or t~iis mortgage accruecl or 1 f~~e~r~a~l~~r a~•c-n~inq• ~ i ~n ~fitness ~hereof~ ~I~c• snid murtgayor has lu~rnw~lo sign~d an~l seal~d f{iPSP presenls the t~a~ ant~ y~~ar jirst a~~or~~ u~rilt~n. ' F ~ic~n~t~. s>a~t~~~ ant~ tl~~ir~r~t~ in 1~~~ pr~srn~~ oj: ~ + , ; ~ ' ~ ` • - - ~yE~.1:~-`--~-~ ~ - - - - - - - - ~ , ~ ; ~ ~ . ; > - ' ) ~ / - , , - ~ / ~ ; ' ..._y.~ _ ~'.~..X.../-_.._.... .~~.Q.J~.,...~~-= - ' _ " _ ~ - ~ . ~ . ; . . ~ R • , ; / ~ - . - ~ - - - . " " F ? . _ ! , t [ ~ ' ~4 . " " ~ ,T r i ~ f a ~ r STATE OF FLORID:~, ~ ~ COt'~Tt' OF ST. LUCIE ~ ; ` " I HEREBY CERZ'IFY that on this day, before me, an ~ $ ~ ~ _ offi~er dul~• authori~ed in the Stat~ aforesaid and in the County afor~•said to takr acknowledqments, p~nonaily appeared Ned M. Steele arxi Jeanette Steele, his wife ; _ ~ . - to mr knu«n ta M• thr {x~rson S dcs~ribcd in and ~vho ezccuted the (orrqoin¢ ~nstrument and they acknowledqed ' be~fur~• mF that they ~xccuted the samP. 1~'1T\F.SS n»~ hand a~~d o((i~ ial scal in th~• Count}• and Statc last aforesaid this ~ 7/ da}• of ~ December D. ~y66. . ~ - ~ - Nota Public, State of Florida a~ ~ _ FILED ANO RECOROED~ M commission e ires: ~ ~ - S7, LUCIE COUNTY. FLA. Large. y x~ ~ RECORD VERIFIED ~ i - 9l° ; . = '66 OEC 29 PM Z: 1 I ~ r ~ ~ 15t ~32 ~ ,1~,,.;....,bt ; ; , , ~ ROG~R i'OITR~S : v: ~ - ~ ~ CLERK CIRCUIT COURT . ~ : : , : , _ J';, O ' , ~ •'E ^ , - 7'~ ~ V ~ ~ti ~ i - ~o ~ ~ 0 R ~ ~ 5 ; i~ ~ = 600R~~ P~GE , ~ i ~ ~ z~ : ~:~s _ - _ _ _ , ~ ~