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HomeMy WebLinkAbout2453 i i nnd shull prr(urm, comply wi1i~ aeid n6it: ~ by each and e+~ery tT~e ag?eemen~s, sfip4lations. condilions and -'E co~~enanis f~~er~~. auc~ of 1~~is ~~o~ffla~P. I~rn ttiis mo~fgaf?e a~~ f~e estats he.wby creafe~c~. shnll crass. c~~- i f~?mine an~ ~~e nu~~ atu~ ~~?ii~. ~ ~ ~nd 1~~e mor~~~a~~o~ I~en•hy lurf~lP1' I`OI~PIIQIIIS a?t~ ap?ees !o pay prompt~y tuhen clue ihe pr(ncipal und inl~msl an~~ ot~~er sunts of monPy pro~~ided jor in saic~ note a~et fRis mo~fgage, or eithp?; to pay a~l ancj i' sinflulnr 1{~e fax~s. ass~ssmeufs, ~evies, l~aG~lit~PS, o~~igalions, and ~ncumbmnces o~ puery nature o+~ sald Aro- perfy; to µ~rn~il, comn~if or sul~er ~io wasfe, impairmenl or cleteNoralion o~ said land or !he improvemenfs I~enwn al a~~y lim~: lo ~~p I~~e huil<<in~s nou, or ~~errajltM oi~ soit~ ~ait~ fu~~y insure~ in a sum oJ not less t?~an MAXIMUM INSURAHLE VALUE-------------- in Q CORi~HfllY or com~r+i~s acc~~fa~~~ lo I~~e morf~u~ee. Itie po~icy o~ po~iries to 6e held 6y, nnd payn6le ~ fo. sait~ morf~~ag~, nnr~ in IIIp p1~P11I any sum of moriey 6NCOmes ~~~61~ 6y virlue oj suc~t instuance fhe morl~n~i•~ shall lea~~ 1hp righf to reK-eine and apply Ihe snme !o the indedleclness hereby securetl, accounting ~ fo tl~~ morlga,ryur ~or any surplus: to pay a~~ costs, C~01'~PS, and expenses, including ~awy~ s~ees anej tifle I +i senrr~ies. r~sona~~~y inru~rn~~ o~ pai~~ tiy I~~e morlgagee ~rcause of t~ie jai[~up o~ fRe motfgagar to prompl~y ancr lu~~y i~omp~r tail~~ 1~ie anre~rn~nts, sfipu~alions, con~itions an~ eovenants o( saic~ note an~ fhis morlgage, • or eit'~e~; !o p~?~o~m, .~omp~y u~ifh an~/ al~icle by eacl~ and PVP/y I?IP agreemenfs, slipulatioru, cond~leons an~ i cor~nanls sel (orf/~ in saic~ nole anc~ ff~is morf~age o? ei~he~. In ~he ee~enl 11ee ~norlgagor fai~s lo pay wtien i due any lax, assessm~nl, insumncr prnmium or ofhpr srun o~ rrioney payoble 6y i?irlue of saic~ nofe aic~ f~is morf~ac~P. or ~ifl~~r, tI?e n:orfc~aR~ niay pay fhp samP, u?it~~out waiving or af~ccling the oplion to (orec~ose or any o~liP~ rit~h! nPr~tlIltlPr, A/1~ AII such payments shall 6ear intp?pst jrom date fhereo/ ai Ihe I~ighest lau•- /ol m!e th~n allotocYl by Ih~ Imns o~ Il~c• S1afe of Flo~idn. ~ ~l a~iy sum o~ monPy I~erein rp~err~~ fo tie not prompl~y paic~ wiftiin'1'HIRTY ~]ays nexf aJfer . 1hP sain~ l~rcom~s du~, or i~ enc/~ antl ~very tl~e a~reements, slipu~afions, conclilions anc~ corenants oJ saitr ~ no~n nnd Ihis morl,ryan~. or ~i16er, are not jully perjormed, compliecl witl~ and a6~ded 6y. Ihen the enlire sum menlione~ in sai~ note, ancl I~is mortgage, o~ t{~e enlire bn~ance unpaicl thereon, stiatl Jorf~wilh or thereaJter, al lh~ oplion o~ the mortga~c~e. 6PC~ome and be due and paya6le, anyt?~ing in said note or herein fo I~i~ ~oi~lrary nofu~it~~sfan~Iiri~~. I=ailure tiy f{~e mortc~agee to e.rercise any of t~e righls or options herein ~i pro~~i~I~ s~~a~~ nof C0115IIIUIP A U~AlI~Pf Of nny ri~{~ts or oplions under said notp or this mortgage nccrue~ ~r ~i ~~IPMA~~PI' [ICC~tl111(~. :I ~ ~n ~itness ~hereof~ f~i~ sni~ morfgagor hns I~ereunfo signet~ antr sealecl tl~ese presenls f{~e '.j c~ v an~I y~ar jin t~e u~rifl~?i. ~ i~? d, s~aled a~ c~ ir~r~I i~~ t1iP prpspnce o~: .t i; ~ . ;i - ~ - - - - - - - - - • . n j ~ . - - - - . ~ ~ - - - ~ te Brennen ~ ~ ~ ~ - , . ~ i - !i STATE OF FLORIDA~ ~ COL'\'TY OF St. Lucie `i I HEREBY CERTIFY that on this day, be[oro me, an. " offic~r duly authorizcd iw the Stat~ aforcsaid and in the County atoresaid to tak~ acknowledqments, persomUy, appeared : JOSEPH R. BRENNEN and LEURTE ROYER BRENNEN . his wife ' ~ Y i: i ' to mi• known to be the p~•rson $deuribed in and who executcd the forcqoin~ instrument and ~~E~,, ackoolil~etigt~l bcfor~• mc that • v they ~xMUted the same. ~\'IT\f,SS my hand and officia) sral m thc C:ounty and Stat~• last a(oresaid this "~11 ~~day:o(. = ' ~ ~ :1. D_ 19 ~i~i:'/ / - ~ ~ -t _ ~ - c.: ` ~Ir•, .L o . , ~-C~ . ' Y ~ ! f~~Ep ~,y;~ {;ECORpF~~, ARy pUgLIC - State F orida ST, I.UC?1_ ~~OUt~?Y~ ; ~ f i r~ at Large ~t=-`"~~ ' ~ My Cominission Expires: ~"'~'1 -6 8 ~ ; ~ ' r 2a 11 • : 163Q~s. : CL~f'Y, L1ACt!!7 CCUR7• ~ g~K 169 PAGE ~435 ~ ~ i