HomeMy WebLinkAbout2286 an~~ shall prr~orm. romp~~ u~ilh nnc~ ~hic~e hy eacl~ ancl ~i~ery the agreemenls. stipu~alio~is. rone~ilions and
cor~~nanls th~reo(, nn~~ of Il~is murtna~~~. IhPn fhis mo~f~~a4~~~ antl the estate {~erehy create~, sha~l CPASP, t~e- '
~Pl/111~1P A?Itl ~?P Ilill~ qll(~ t'OI~~. ~
I1n~ f~iP mortqa{~or ~i~n~~~y jurlf~er coi~enanfs anc~ agrees fo pay prompf~y when c~ue thp principal ancr ~
intemsl an~ ol~~er sums a~ money prot~i~{e~ ~or in saicr nole anc~ f{~is morfgage, or eilher, fo pay a~~ nnd
sin~u~ar tl~e fax~s, assessmrnfs, le~~irs, liahiliti~s, o6lic~alions, and encumbrances oj eoery nalure on said pro-
perly: fo permit, commil or su~Jer no ll'AS~P, impairmenf o~ ~eteriorafion o~ saie~ ~anc~ or fhe improi~emenls
tl~Nrnc~n ~t an~ tim~: to ~.~~•p Il~p 6uildin~s noio o~ hrrna(t~r on said lnnd f ully insiaPC1 in a sum o( not Ipss
r{~~~ full insurable value. ~
in a rnmpany or i-ompnnii~s acc~•pfa6le to t{~P morfgac~ee, the policy or poliries 10 6e h~ld 6y, ond pnya6le
to, said mortc~age~, and in Ihe ~i~enl ~ny sum o~ money 6ecomes payab~e 6y i~irlue o~ such insurance fhe
morfgage~~ sIIAII hAl'P il~e ric~ht ro rnc~ii~P and qpPly I~P SQIflP to t{~e indebtedness ~ernliy secured, accounting
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to Ihe morfga~or (or ~~y surp~us; fo pny a~~ cosfs, ctiarges, and expenses, inclucling ~awyer~s ~ees an~ (il~e
se~rrh~s, reasortah~y incurm~r or pni~ hy the morfya~ee ~ecause oJ fhe ~ai~ure oj Ihe mortgag~r fo prompl~y ~
nn~ ~u~~y romp~y irif~~ f~i~ agre~~m~•rtls, stipulalions, ron~ilions ancl co~~enanls oj saicl nole an~ i{~is mortgage. ~
or either: to per~orn~, c-nmply u~ill~ and abide 6~ PQfh a?id enery the agreemenfs, slipulafions, condilions and
~ cor~?e~r~ts set (orth in saic{ note anc~ fhis morfgage or eifher. In the rvent the morfgagor ~ai~s to pay whe~
du~ an~ t~.r, assessm~nt, insuran~e premium or other sum uf money paya6le by i~irtue of said note and this
mortga,ye, or eit{~er, fli~ morfgngee ma~ pay the snme. u~ithou! u~aivin,q or a~Jecting fhe opfion fo ~orec~ose
or nny oth~r riq{~t h~r~uncl~r, and all such paymenfs shall 6ear I~I~PfP3~ jrom ~1afe thereof at the hiqhest law-
(ti~ mt~ Ih~n n~lou~e~l ~.y Ilie ~au~s of the State oj 1=loridn.
1L any sum o~ mone~y tiprein re~PRP~ IO tie not prompf~y pnid within days nexf a(ter
th~ same l~ecomPS du~, or if each nnd e~~ery tl~e agreempnfs, sfipulations. condilions and coi•ennnls of said
note anc~ this morlgagP, or eith~r, are not ~ully per~ormed, complied u~ith and a6ided by, then fhe entire
sum mentione~l in said note, ancl Il~is mortgage, or the entire 6a~nnce unpai~ thereon, shall Jorfhwith or ~
tl~ereajter, af fh~ option oJ the morfgngeP. 6ecome and 6e ~lue nnd payable, anything in said note or herein
fo f~e contrary nolu~ithslandin_q. F`~ailure ~y ttie morfgaqee to exercise any oj ihe rigtifs or options ~erein
~
proi~i~ec~ sha~~ nof consfitute a u+ainPr o~ any rights or opfions un~er sai~ note or ftiis morfgage nccrue~ or J
fhereajf~r accruing. ~
Dn ~~~~1~ fhe sai~ morfgagor tias F~erpunio signec~ antl sea~ec~ fhese presenls the
~ay an~ year Jirsl atiore inriffen.
Signed. sealed and d Iii+grec~ in fti~ presencP o~: ~ ~ /
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! ~ Wi i H. Ste r, Jt.
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j E na Stewart
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~ STATE OF FLORIDA, ~
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~ COU~tTY OF St. Lucie ~
I HEREBY CERTIFY that on this day, be(orc me, an t
a officer duly authoriz~d in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledqments, p~rsonally appeared 4
WILLIAM H. STEWART, JR. and EDNA STEWART ~
to me known to lx the penon g dturibed in and who eaecuted the for~qoinq instrument and trl@y acknowkd~ed '
~ be(orc me that they ~x~cuted the same.
~ r
VVII;'VESS my hand and o((icial seal in thc County and Statc last aforesaid this /;~~'l day o(
~ October A. D. 19 7~
~ i~~///%i~~/ ~l ~ f
~ Notiary ~Pu~lil'ic~-~~~~tate ~~o~~~~~FTor'ida ~ ~
H F1LE0 AND RECOROEO' at Large
ST. WCIE CQUNTY. FIA.
~ ~ • ~ ~r r/, My Commission Expires ~..~~NN~~~.;,,~
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