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(:
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~ 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. ~
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~ 270 ~ary i , ~tate of Flor~,~,; .
FILED ANU RECORDED at I.a
ST. U:CIE C~JUNTY. FLA. y Comm'sssion E~cpires August
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~,F-~~~, _ r1y Commission Expires ' '
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,~g ~~T 23 P~ ~t : 0 $ 17 7'3 , - ~ _ ~ =
1g4,~~0 ~
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::~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
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