HomeMy WebLinkAbout2540 anrl sI~aII per~orm, comp~y u~ifh anc~ a~i~e ~y each anc~ ei~ery f~P agr~ements, afipu~alio?is, cone~itlons nrtd
cou~nants Ihereol, and o~ I~~is morfga~e, I~en f~ls mwtgaNe an~ I~e estate heri+~y created, s~a~~ cease, d~
Iprmine an~ ~e nu~~ anc~ i~oi~~.
Ii~ If~e morlga~or ~ieri~by (u?Ihe~ covenanls ancl agrees fo pay p~ompfly tuhe~ clue fT~e principnl nnd
interrs! and ofher sums o~ mon~y proui~Ied Jor in saic~ note anc~ t~is mortgape, or elfher: to pay a~~ an~
sinnular the ta.res, ass~ssm~~r~is, l~vips, Iia6ililies, o6ligalions, and encum6rancrs o~ e~ery nalure on said pro-
perfy: to permit, commif or su(jer no waste, impairmenf or deferiorafion o( saI~ ~and or i~e improvemenla
ttierern at nny timr: 1o ke~Pp 1he 6uildingx now or l~erea(tcr on caid 1a~~d j~~Ily insured in a sum oJ noi lpss
f~~an
in a company or compunies accPptc~l~le to t{~e morlgaflce. Ihe policy or policies to ~ hpld 6y, and puya6le
to, saic~ mori~agee, an~ in Illp Pt~P/lI any sum oJ mone~y becomes paya6le ~y uirtue o( such insuranca f~e ~
morigagee shal! ha~~p ihe right fo rec~ive and.apply the same to tl~e indebtcdness here6y secured, nccowding
fo Ihe morfgn~or ~or any surplus; fo pay a~~ costs, cl~arges, and expenses, inc~uclin~ ~awyer s(Pes nnd t1t~ +
searc~~es, reasona~~~y incurre~ or paic~ by ttie morfgagee hecau.se o~ !he ~aijurtt ol I~e morlgaflor to pmmptly ~
an~ ~ully comply u~it~ f~e agrepmer~ts, sfipulnfions, con~itions and rnuennnts oj said note and lhis morfgage.
or eitl~er; to perJorm, c~omply u~itl~ and abide 6y each nnd every Ihe agrecmanfs, sfipulations, conditions and
covenants set forl~ in saicl not~ a?ec~ Ihis morfgage or eif~ier. ~n the N~~ent ihe mortgagor ~ai~s to pay u~hen
c~ue any fax, assessm~nf, insumnce premium or of~er sum o~ money paynb~e hy virtue o~ said note and this
morfgage, or eit~~pr, I~e mortganPp may pay f~e same, ioit~souf tvaivtreg or n~~ecting the option to ~oreclose ~
or any olher ri~ht I~prpuncler, a?id aII surh payments sl~aU I~ear intere3t lrom dnte tl~ereo~ at tl~e tiighest lau~-
(u~ rate fhen a~lou~ec~ by fhp ~au~s o~ thp State o( F~orida.
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i` any sum o~ mo?i~y ~~rei?e re(errecj to tie not prompl~y pait~ wifhin doys nexl a~ler
Ihe same becomes du~, or i( eacf~ and ei~ery t1~e a~~eemenis, stipu~ations, conditions and coi~enants o~ said
note and tl~is mortgac~e, or either, are not jully per~ormed, complied urith u~d a6td~ by, then the entire
sum menfionecr in sai~ note, ancl tF~is mortgage, or tn a entir~ ba~ance unpaid Iher+eon, sf~a~~ (orthwill~ or
ihPrea~ter, at th~ option o( the morfgagee, become and 6e due anc~ pnynb~e, anyll~ing in sait/ nole or {~erein
to the conirary nolu~ilF~stancling. I'ailure 6y the mortgagee fo Pxerrise any o~ t~a ri~{~ts or options ~erein j
provic~e~ s~a~~ not conslih~te a u~uii~er of any ri_ryhts or oplicns unaer sai~ nole or i~iis mortgnge nccrue~ or ~
fhereoJl~r nccruinf~. ~
- ~n ~~Ul~ ~~~1~ t{~e said morlgagor has I~ereunfo 3igned and sealed these presents fhe I
~ay anc~ year ~irsf ahone irritfen_ ~
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Si d sealecl and d~~e ' t{~e presence o/: , , ~
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~ t~? • LGtfLtfl~ t-CG~v ~
"(.-~'Ii~~~/!/~ • - v~,.,GCitli~l
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, Dennis B. Sw~unerlin
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STATE OF FLORIDA, ~ (
coux~rv oF ST. LUCIE i
I NEREBY CERTIFY that on this day. betorc me, aa i
officer duly authorized in the Stat~ aEoresaid and in the County aforesaid to tak~ acknorrkdgmentt, personally appeued ~
DENNIS B. SUMMERI,IN Q ~ `
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to me known to be the penon described in and who ezecuted the for~going insvument aad he acknowkdged ~
before me that he cxecuted the sama r
1 ~Y17~tiESS my hand and official seal in the County and Statc last aforesaid thu " day of
~ A. D_ 19 7
71~~~•~p~as~~
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e i~;,r, ~tECOR~~~~ Not Public, State ~~of .~or~4~~;~ -
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