HomeMy WebLinkAbout2302 ~n~ sI~aII perform, comply u~itl~ antl nb~de 6y ench and ei~e?y t~p agreemenls, aflpulntio?is, condifiona ant~ i
co~~enanls tl~ercw(, and oJ this mortpa~e, then Ihta mortgage and Ihe Pstate hp.pby createcl, ~hall cease, de-
Iprmine ond be n~~~~ an~ roi~~.
~ f{~P mortgagor ~~enrby jurthe~ covenanla and agrees Io pay prompl~y when due Ihe prtncipal and
infernsl a~~ OIIIP~ sums o~ money proul~ec~ far fn aat~ note anc~ fh~s morfgage, or either: to pay a~~ and
sinflul~r 1{~p tn.res, assessments, levies, lia6ilities, obli~ations, and encum6rances o~ every nufure on auid pro-
perty: to permil. commi~ or su~Jer no wnsle, impairmenl or detertoration oJ said land or the tmprovementa
ttiprecn ~i any time: fo ~PPP t~P huilclings nou~ or hp?Pa(f~r on c~id ~anc~ ~u~~y insurec~ in a sum o( not ~ess
Itian
in a comEx~ny or companies acc•pptable to the mortga~ee, Ihe po~icy or po~icies fo bw hpld by, anc~ poya6le
to, said R10~pQ(qPP, and in ~he e~~ent any sum oj money 6ecames ~yabl~ 6y uirtue o~ sucl? tnsumnce the
morfgagPe s1~n1~ hane the righf to receive anc~ apply Il~e snme to the intle6tedness I~ereby secured, acrounling
to lhe mortgago~ (or uny surp~us: fo pav a~~ costs, chargea, anc~ expenses, inc~uc~ing ~au?yer~s ~ee~ and fil~e
searc~es, rpasona~Iy incurre~ or paicr tiy ftie morfgagee because of f~e Jai~ure o~ the morfgago? fo prompt~y
nne~ ~u~ly comply u~i~h Ihe agreemenfs, sfipu~ali~ns, concrifions ancr coi~nanfs o~ said nofe ane~ Itiis mortgage.
or eiftier; fo pFrla?m. ~amply u~if{~ ancl a~iae hy Pac~ an~ ei~ery Iha agreemenfs, slipu~afiona, conditions and
conenants set fort~ in said note and ttiis morlgage or eittier. /n ftie event f~e mo?~gagor fails to pa~ when
due nny tnx, assessment, insuran~ premium or other sum oJ money paya6l~ 6y vtrtue_o( said note and this
mortgage, or eif~~er, the mortgagee may pay t{ee same, wilhouf waiving or aJ~ecfing the option to ~orec~ose
or any ofl~er ric~F~t I~erPUncler, and a~~ sucl~ paymenls sl~a~l 6enr interPSt (rom date Ikereoj at t1~e 1~ighes! law-
~~~1 mfe Ihen a~lou~e~l by the lau~s o( tl~p State oj Floridn.
)l nny sum of mon~y tierein relerrea lo be nof prompfly paid +uithin thirty days next u~ter
tl~p sum~ 6pcomes due, or ij eacf~ ant~ et~ery fl~e QQrPPf?1P?1~S, stipulations, condilions and covennnls o~ said
note and tl~is mo~tgaQe, or eithe?, are nof ~ully pQrforrreed, rnmplied with nnd a6~ded by, then Il~e entire
sum mentione~ in snid nofP, nnc~ tl~is mortgnge, or t~ e entire ba~ance unpaitl tl~ereon, shall f
orthwit{~ or
thereajter, af ftie opfion oJ i{~e morfgogee, become nnd be due and paqa6le, anyfhing i~ snic~ note or herein
fo ttip contrary notu~ittisfanc~ing. Fai~urp by ~hp mortgagee fo exercise any of fhe righfs or options ~erein
pro~~ic~ed s~a~~ nof conslifute a u+airer o~ any rig~fs or opfions e~ncrer saic~ nole or t{~is mortgage accrued or
1{~ereo(f~r accruin~.
~n ~~ln~s ~~e01~ Itie soid mortgagor has hereunlo sigRecl and sealed these presents the
clay an~ y~ar ~irsf ntioi+e ioriffpn.
Signe sea~ec~ ane{ ~e~ie~precl in !~p pr~sence o
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~ STATE OF FLORiDA, ~
i cc~t'~TV c~F ST. LUCIE
~ I HEREBI' CERTIFY th~t on this day, be(ore me, an
~ ~ offic~r duly authorized in the Statc aforesaid and in the County afor~said to tak~ acknowledqmenu, p~rsonally apptared
; ( ALLEN OSTEEN and JOY N. OSTEEN, his wife
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€ ~ tu m~ known tu b~ thc perwn S d~urib~d in and who f%KU[fd the [orcKoinq instrument and they acknowledqed
~ ~ brforc me that they tx~cuted the sam~.
F i
~~'il:~iESS my hand and olficial s~al in thr County and State last afor~said this 7th day o(
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; ~CtO~Er A. D. 197~ .
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' FILEO AND RECOROED' ~
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~ f' LllCt~ rOURTY. FLA. ~ i~«-~
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~ • ~ ~ • ~ Notary ic; State of Flar ida ~
~ ! at Large.
r ~ '1~ QCT 20 PF1 I: yy My com~nission expires:
5 ,
- ~ ~na~. ~t-ft-
i ~ ~ Norwtr rw~ su?r~ a~aoma ~
~i MY COMRIISSION E' "1~~_3 hEC. 16~
~ ( CL'~'RK Cif'CLIT COURT 1~ N' o~'~"t~~~-.
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~ 77~ri IrWruinc~rl P~rfunr~l hy: J
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~ AJ~~~-v Ben L. Bryan, lr. p R
~ P. o~~,~ eoox 187 ~~~f.2341 ST,,~~~
~''`~•N...N.,~~``''
~ . ~c~ P~erce, Flo; icb
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