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HomeMy WebLinkAbout0476 a.~d shall pKJo~. eomAl~r u~ilh and o~i~ Sy acl~ ar?d •wrn t~ o~ro.~~~, ~ir~ulaiau. oonduion. ~d ~~~e~wni: thereoJ. a.~d oj eka ~9~., el~.n ~?~ta ~o.i~~. and ih. ~seoe• 1~.~.by ~.at.d. •holt c~o... d.- termtne and 6~ null nnd votc[. ~Ild ~h~ more~ h~6y (u~1~.r c,o~,.~eRa o~d ~~..s eo w~y w+oA+Pth wh.n dw eJ~. ~.~ct~! .,~d i~terea! and oiher surtu o~ monep pe+onid~ (or Gs iotd not~ art~ this mortgag~. or dl1~K: to pay aU and atngulor !Re taxes. osseasmsnfs. leutas. llabilifiei. obltgadorv. arul e~+cwnbr+anoq oj ~vay notun on aatd pro- peMy: to pe~mlf. oommit or su~f er no wa~te. Irr~pairr~ent or ~taioration o~ aai~_ ~ or !1?~ In~p~owwwnb fhpnecn at any time: to Irc~ep t1~a bWldingi now a? 6eerw~ter on sntd ~and ~u~r inaur~ in a ium oj not le~s th~ in~ o cbmpony or eornpanies doceptab~e to tF~ moNgnge~. !~e poltcp ~ poU~t.s to 6. I~.Id 6r. ancl papab~i to. said mortgnges. nnc~ in t~ euen! any sum oj moner 6.~.. payabi. 6r vtrtw oj tnc~i tnsuroncv f~ mor~9agee s1~aU have tl~s rtght to rec~ioe o..d a~I~r eh. sam. to eIu t~d.6e.dn.s, b.~.by a.c~,~.d. aooounet,~o to t1u mort9~ (or any awp~us: to pap au rwb. cl~arpq. and exp~ns~s. inc~ing ~awp~r i f ia and tttli :~h~. ~w~a6ly t.~w~l a paid 6y ehe morr~ee b.c~~. o/ eh. ;atlw+. o/ rl~. eo ~,~dr and juUq oonip[y with t1~e agreeinena. setPuiotton.. co.~dttio.~. a.~d oownonts of iotd note a,ul lld. wwrepa~p.. o. e~~~~: ~o ~/o.~. ~ornplr wt~h o~d nbtdg by each and ev~r ehe ae.~.~.,aa. ,~~aineto.u. ooncltNona a~d covenants set ~ort/~ in satd note and this neor~ga~ or eithar. In fhs eoent t~ m~rtgapor ~d~s !o pny w1~w1 due ~n~? tax. assessneent. truwnreoe pnaniu~n or ofh~r sum oj ~:~r pn~bb by ~trew oj snid note and thts ~r~e. or etil,~. d,e Mo,repeae ~y ~y ths som.. withoue watntr~ or ~fl~ eh. ~e~ eo /~b~.. or any other rtgl~e 6er+nunder, and ~?U a~ paynwnts al~aU 6aor tntenst ~orn dat~ ttNrsoJ at tl~ kighest luw- juI r~ate t1~er~ nllou*ed 6y Ibe laws o/ the State oj Florida any aun~ of money tiereln re~en+ed to be not pro~npfjy paid u~ithin thirty ~y~ ~t~ t1~e :nme 6RCOmes due, or ij ene~ and eue~r t~e agreements, stipu~afions, c~ondttiona and oowoanb o~ said note ~d ihta mwt9age, o~ either, are not Jully perjormed, ooniplied witl? and ~4ded 6y. tben ilte entin sun~ mentioned in satd note, ond thb mortgoee, o~ t6 e w~tire bnjancr unpaid t/~e~on, s1~nll (orthwiti~ or rhsrea/t~, at the optton o/ ehe ~noreg~ee. 6eoome nnd 6e dw and pa~wbb, a~rtnt,~g tn .nid no[. or l~.nin to the eontro~rv notu~it6standinp. Failwr 6y !be mwtguge~e to exa+ciss ony of Ihs rtg~ib or optioru ~n provided sholl not rnnstitute a waic~ o( any ~igRts o~ opfions under aaid note or tTiis mortgape Qccrue~I or f herea f te~ ac~c?uing. Wli~[[V`~ tF~e said mo?tgagor i~as heneunto signed and seaIed thest preserib tlee ~ _ cloy an~ yeur firat a~o~~e u~rilten. - _ Stgned. sealed and dpllcrerc~cl i, e pn~pnce o/: ---/~i'./ . STATS OF FLORIDA, ~ coUrrrv oF ST . LUCIE I HBREBY CERTIFY t6st on clw da~. betore me, an otficer dulr authorixd in t6e State aforeuid and in tlu Couaty atorrraid w W~e ack,oo~wkdamenn„ pesqnally appeared JOEL L. ELLIS and DOROTIiY M. ELLIS, his wife to mc Wawrn to br t6e person descn'bed in and w1w cxecuud the Iore~oinR in:trument ~a they aekaow{edRcd bcfore me that they~~e~a ~ NI7'1tiESS my 6and and dticial seal in t6e Count~r and State la:t aforesaid thu dar d AldY A. D. 19 6$ . ~ i~~i' /~cca~.'"~ ~ i~ e~~"_ " F~l.EO AND RECORQEO ~ o{ p~;~ ~t ~ ST. l.U C ~ E C 0 UNTY. F! A. Y~ C~e~issio~ E,cpir~s 1rl~y S. l9lp F, , i^ ~ ~ li . M~M~ Aw1Yf[M ~M ~ CMMYy C~. ~ 1S'7~31 ~ ~ ' ' J v _ ~ 4 ~ ~ ^ O : ~ '68 ~ - . . ~ ~ ~ . ~Y li~~:~/~,-'r/"z'" > _ ;Y~. . . ~ ? / - t •~~l . ~i~ti `1 :r ~-l~iit~.: $ = '7. , L i~~, f ~.t+ CLCRK ClRCUIT CU~Ki ~ : i~~) ~ - G'• ~ ,;r ~ ; j''•• ^ ~fi.~~ a~x1 ~2 ~ 4 ~5 [ t ~ f >'a '3"..,r t.~ . . • . . ~ . ' ""`~z.ia~~'~ -u ~ . , -~-----6~.~.~eroe~ - , T!•.• w...> . •-°~^--^^'t". - - - ~ - - - - e ~'.Y