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HomeMy WebLinkAbout2927 . n?icl shull pc~r(orn~. ro?uply tnifl~ cuul a~~it~e Gy c~ucl~ an~I ene~y fhe apreements. slipu~ations. co~~e~itions nnd co~~~~r~nrils Ili~r~o/, and of Il~is morl{~a~~~, tli~n tliis mortc~a{~~ and tF~e estate hereby createt~, shall cease, c~e- ~ IPf11FINP AlIII I?P /IIIII /1111I DOIII. ~ l ~i ~ 1~~~~ niurl~~n~~or ~u~n~~>y Jurtl~~r corenanls anc~ a~r~es fo pay prompf~y u~~ten t~uo tl~e principnl and i~ ' irifdr~•st nncl ullirr sums of money pro~~icl~cl jor in saic~ nole and fl~is mortgafl~, or eif~ier fo pay a~~ and sinqular t1~r ~~x~s. ass~ssm~nls, l~i~i~s, linbilities, o61i~~alions, and encum6na~ces of euery nature on suicl pro- p~rly: ~o prrmil, comn~it or suJ(er no waste, impairment or c~eteriom(ion oj sai~ ~and or !he improuemenls i Il~~~r~•on at any Iim~; to ~i•~p fh~ ~~uildin~~s now or h~mafter on said land ~uUy insurcd in a sum of not lcss i/~~r~ Two Thousand Eight Hundred and no/100 - - - - - - - - - - - - in a ~c~~npnny or campmii~s ncc~pfa~~e lo I~~e morfqan~e, f{~e policy o~ po~icies to ~e held 6y, a?tt~ payab~e , fo, snirl rrzorfqa~~~~, mu~ in 1~~~ eri~i~t nrty sum of mon~y becomes pnya6~e ~y uirtue o~ stich insurance f[+e niort~~a~~~~ .hall ha~~e tl~~ ri~~Gl to rc~cei~~e and npply 1he sam~ to the inde6tedness here6y securnd, accounting !o f~~~ ~~~orf~~a~~or (or ~ny surp~uc: Io pny a~~ cosls, c~~arr,ies, anc~ expenses, inc.~uc~ing ~awyer s`ees ane~ lilje s~an-lu~s, rc~asonnl~~y incurrec~ ur pai~~ Gy t~~~ morf~a,ct~e 6c~cnuse oJ f{~e ~ailure oJ th~ morlgaflor to prompf~y n?~d ju~~y comp~y wif~~ I~i~ ~c~re~m~rils, stipu~ations, conc~ifions anc~ covenants of sait~ note antr t~is mortgage. ! or eit~u~r; lo per(orm, comp~y ~ril~~ an~~ ~~~icle ~y enc~i ancl eo~ry t~ie agreements. stipu~alions, conc~ilions nnt~ ~ . co~~c~nar~fs snf Jorf/i in saicl notr ancl t~iis mort~ce~e or eitl~er. In the even! t~e morfpagor ~ai~s to pay when ~ c~ue a~ty lax, acsrssm~~nf, insuranrn premium or otl~~r sum of money paya6le ~y virfue oJ saitl note ancl t{tis ~i morf~la~e, or ~il~~~r, f{~e morfrya~~e may Ex~y t~~e sam~, without waiving or a~~ecting lE~e opfion to foreclose ' or onp ot/i~r ri~l~t I~~rnuntler, a?ul all such payments slinll 6ear inlerps! jrom dafe tl~ereoj at the hig{~est jnw- y (ul raf~ ll~en allou~ecl I~y Il~e Imas a1 ~r,~ $tnl~ o~ Fro~i~ln. l~ cu~y sum o~ nion~y I~er~in ~~(rrrec~ to tie not prompl~y pai~ wit{~irt ten cjays next nJter t/~~ sanu~ {~~i-oin~s c~u~, or if eqc~i anc~ ei~ery 1~~~ nryreements, stipu~alions, con~litions anc~ covennnts o` sait~ not~ muI tl~is mor~c~a~~~, or ~ill~~r, nre riol (ully per~ormetl, complied wit/i antl ab~ded 6y, fhen !he entire su?n n:~ntiori~~l iri saicl noi~, a?it~ !{~is ntorlgac~e, or th e enlire 6nlance unpait~ thereon, sl~all f ortF~with or ' t/~ereuJ~er, at 11~0 optiori o~ tf~e morlf~ac~ee, b~come nncl be due antl paynble, anything in said note or l?erein to t~ie conlrorp IlAIl1~lII1SIA/1llin~. I'ail~tre ~iy t~i~ morlga~ee to exercise any o~ the rig~is or options herein proi :c~i~~~ s~~n~l nof conslihit~ a ~nniver oI any rig{~ts or options under saic~ note or this mortgage accrued or ~ t~iemaf f~r ac~ruin,ry. , ~n ~iiitnf~s LiJ~Qre~l~ tl~e said mortgagor has hereunto signed nncl senletl 1{tese presents the c,n~ anc~ yc~ar f irsf a~~ove ivrilter~. Si,ryne , s~a~~d nnd ~ii~erncl iri the pr~sence o~: ' ; ) i ` , - • . --~O~P.r~ ..~~.d ~ Lit~. , : - LL_t ~ - - ' • - ~ ~ • • L . I ~ i --~r et.e .ahut....--- - ; : , : ~ - - - - - - ` ~ € ' ~ ~ ~ ~ . STATE QF FL()RIDA, ~ c.c~L ~z'Y c~r ST . LUCIE ~ ~ I HEREBY CERTIFY that on this day. before me~ an ~ ` ofiicer uuly authoriz~d in the State aforesaid and in the County aforesaid to tak~ acknowledgments, penonally appeared ? ROBERT SLAHUT and GRETEL RLAHUT, husband and wife i to r.i.• :;nown to tx the person g drscribed in and_who ezecuted the foreqoin4 iratrument and they acknowlcdqed ~ ~ ~ ix•:ur,~ n:c ~'r.at they cxccutcd the same. ~ ~ •~~~1~I~~EtiS my hand and official s~al in thc County and Statr last aforcsaid this 1St day of ~ . ~ ~ Augu~t a. D. 19 68 i ~ :t,. ~ i . . . w . , ? ~ _ . ~ ~ i . . . ~ _ ~ : E~ : ur_..` t~ e ; s ~ - ~ • • R~CORD t-to!ary P~_: ~ . " 19 1 10 ~0~' ' ~ ~ , , ; ~~1LE0 AND O~~.yTY. FLA• M Co;n:~:s ~ .-.'cs O~t. `?0. ~ i ~ ' • G '_`j ST. LUC~E i. ; -r: r~,,:~.e w.:...._. +.,o a c~. ~ ~u - = " 16~2~?7 , ~ • : , ~ r:_~Z;v~ ~ ~t P~ 2 : yy ~ ~ ~ Q_C I ~ . , . ~ , ,~:r.~ . . , : • _ , . ~ OURT CL~FiK C!RC ~T ~ x ~ ' ~ : e~ ~17z ~~0 ~ _ _ - - . - - - - K- _ _ _ . - .d ~