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HomeMy WebLinkAbout1916 an~I sI~aII perlorm, rnmp~y wilh and a6ide 6y ~ch and ei~ery the agreements, stipu~atto?ii, cosc~~lions a?td cone~anfs thereoj. and oj Ii~is mo?tgage, 11?en fhi: morigage and ihe eatate i~e.~by created, sl~all ceais, d~- te?mine a~c~ be null an~ i~ot~. - ' ~ IhP morfga~or he~~by f urthe~ co~ena~ls and ngrees to puy promplly when due fhs principal and Interwsi and other sums of money provic~ec, ~o~ i~ said nofe and Ihia morfgage, or eit~er; to pay a~~ aru~ singu~a~ f~e tarPs, assessments, ~evies. ~iabi~ilies, ob~igalions, and encumbronces o~ e~a?y naiure on snid pro- perty; to permtt. commif or su~~e~ no wasfe. impuirmen! or dete~tomfion o~ aatd ~and or !he Improvemenb f{~erec~ a! any lime; to ~~ep 16e 6uildings now or he?ra(ter on said bnd jul~y insurec~ in a~um of not ~eu tf~an in a rnmpa~y or companies accrplable to the mor~gagee, tl~e policy or policies to 6e held by, and payable to, said mortgagee, and in thA event any sum o/ money 6ernmes '~yn6l~ 6y vtrtue o~ such insurance t~e mo~gagee shall I~ave tl~e rigl~t lo receive and apply t6e same to the i~debtedness here6y secured, aceounttng to Ihe mortgagor ~or any aurplus: to pay a~~ c~osfa, c~a?ges, and expenses. inc~udtng ~awyers ~ees ond tltje searehes, r~asona6ly incum~ or paid 6y the mo~tgagee 6acnuse of f~e ~ai~ur+e o` f~e mortgngor fo prompf~y and fu~~y comply wilh f1~e agreemenls, stipu~atio~s, condtlions and rnvenanls o/ satd noee w~d eR~ ~ottea9e. _ or eilher: to perform, comply witl~ and abide by eacl~ and every the agreements, stipulntiona. condittons and covenanls se! fortl~ 1~ said note and tl~is mortgege or etlher. In the event the mortgagor ~atla to pay when due any tax, assessmenl, inswance premium or otl~e~ sum o~ moner ~ya6[~ 6y vbtue oj said note and thts martpage, or either. fhe mortgagee may pay t1~e same, witkout waiving or n~fecft?eg t~e option to ~o?ec~ose or any other ri~l~t hereunder, and nll such paymenb sl~all 6ear i~lereat ~rom date ther~eoj ut f1~e ~ighest lnw- ~ul rale then allowed 6y fhe Iaws o~ the Stafe o~ F'Ioridn. ~l any sum of mo~ey herein re(erre~I lo Ge not promptly paid w~~k~n o day: next nf ter . 1/~e same becomes due, or if eac~t anc~ everp Ihe agreements, stIpu~ations, rnnditions and couenonb of sate~ note and tl~is mortgage, or eitber, are not (ully performed, complied wilh and a6ided 6y, tken t1~e enti?e aum mentionecl in said note, and lhia morlgnge, or the entir+e balnnce w~paid tlteneon, a1~aU ~ortl~with or 1l~erea(ter, at tl~e option oj tl~e mortgngee. 6ecome and be dus a~d pa~rable, anyti~ing in snid note or 6erein to ftie eontrary nolwilhstanding. Fnilure 6y Ihe morfgngee to exeiriae any oj the rights or options ~erein provic~ed sha~~ not constifute a waioer o~ any rigl~ts o~ opfions under said note or t~is mortgage aocrued or !{~ereaJfer accruing. . . ~n ~Elll~ f{~e said mortgagor hm I~ereunto signed and sealed these presents !{ee - day and year ~i~t above wriften. Signed, sealed and delineretl in t1~e presence o(: _ . ; - - r. . . • - - - _ ~ . - - ^ - ohn~~8. ~ - - Sy~~m~ . - - - - ~ , . ~ ~ ; ~ , ~ $ ~ STA'TE OF FLORIDA. ~ courrrv oF St . Lucie I HEREBY CERTIFY that oa thu day. before me~ aa of(icer duly authorized in the State aforaaid and in the County aforeuid to take acknowledgments~ penonaUr appeared John H. Stamm, Jr. and Sylvia Stamm, his wife to mc known to be the persong described in and who executed the toregoing instrume~t aad t h~ ackaowkdaed beforc me that ~le Si eaecuted t6e same. WITNESS my hand and otficial ~tal--i~sbe County and Sate last afomaid this sixteenth a', October A. D. 19(9. ~ ° ^ ~ - . ~ ~~w . . . ~ 270 ~ary i , ~tate of Flor~,~,; . FILED ANU RECORDED at I.a ST. U:CIE C~JUNTY. FLA. y Comm'sssion E~cpires August ` r i . : ~ ~ ~ ~,F-~~~, _ r1y Commission Expires ' ' . ~ ~ - : ,~g ~~T 23 P~ ~t : 0 $ 17 7'3 , - ~ _ ~ = 1g4,~~0 ~ : ::~i :i:~~ i'O:iRrs • ~ . ~~~~F, ~;~~I;IT COURT Tltis I,u~it,iprlt~t~d-by: .~_...a hy ~dd,~ Charles Wm. Stone ~ UOOK ~8~ ppGE~9~c) n~.u.i~cY ~t law S 328 South 2nd Street Ft Pie - _ , , _ rc~? Fla._334 _ r _ _ . _ _ _ Y ~ , ~ _ _ -