HomeMy WebLinkAbout2429 and shall perJorm, comply wtth and n6tde 6r ench and every ths ag?eementa, ~lipulailons, conditio~a nnd
co~~enants tl?e?eoj, nnd oJ tl~ts mo?t~oge, tl~en t1~is ~nwlgag~ and the sstats hen6y cnated, shnl[ cease. de-
te?mtne and be null nnd ~wid.
T1111~ Itie mwtgagor I~en+by ~urtF?er co~ennnb and ogrees to pay promptly wl~en dw Ikt prtncipal and
tnferest and ofl~e~ sums o~ money provi~ec~ ~or in said nob and fhis morfgag~. or ~ith~r: fa pay a~~ and
sirtflu~ar t~e tazPS, assessmenfs, ~euies, ~tobi~tfies, ob~igafions, and encum6?~ancet o/ every nature on :aid pro-
peNy: fo permil, commif or su~~er no wnale. impni~menf or deterior+utfon of sutd land o? the improvementa
fher~eon af any fime; fo ~~p Ihe 6uilrlings now or herec~~ter on said lnnd jully insurr?cI In a sum o~ nof ~ess
~I~an Five Thousand and No/100
in a c~ompony or companies acreptable to the mort9ngee, Ihe policy or policie: to 6e held 6y, ~d ~yabb
to, snid moNgageE?, ond in the event nny sum o( money becomes payn6le 6y virtu~ o( such insurunce the
n~o?t9ugpe shall ha~~e the Agl~t to ?eceive end apply t~s ia~ne to tl~s ~nde6tedness here6y secured, amounttng
to the mo~fga~or (or any surplu=: fo pny a~~ costs, cha~ges, and expenies, inc~tu~ing ~nwye's ~ees and tti~
senrctips, rpasonably incunea or paid by the morfgages 6ecnuse o( f~e ~ai~ure o~ ttie mortgngor to promplly
an~ ~u~~y comply u~ill~ fl~p o~~mpnfa, stipu~afions, con~ifions ancj rnvenanfa of said note and tl~is morlgage,
or eittiM: fo per(orm, comply wit1~ and a6icle by eacl~ and every ttie ngreemenb, stipu~ations, conditions. and
t~ovenanis set /orlh in said ~ote and this mwlgage o? either. ?n the ewnt the mortgagor jaiL to pny wken
due any fax, assessmenl, insurance premium or ofher sum oj money papa6la by vtrtue o~ said nofe a~ f~is
mortgnge, or pilher, fhp morfgagee may pay ftie same, wifhout waiving or a(~ecfing tl~e optton to ~orec~e
or any AIIIPr ~IA~f ~1PMI/R~P~, and all sucl~ payments sknll 6ear iwtarrst (rom date ihereoj at the I~igl~est law-
'U~ M~P tti~n O~~OW~ hV ~~P ~U~S Of ~hp JtatP O~ F~OI~~Q.
i` any sum o/ money herein rp/ersed to Ix~ not p~omplly pntcl qithin 30 days next a~ter
Ihe same 6M-om~s due, or iJ eacl~ and erery tl?e agreementa, stipulatio~is, conditions and rn~enants o/ said
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note and this mo?fgage, or eitl~pr, are not /ully perjormed. cymplied with nnd a6~ded 6y, tl~en the entire
sun~ mentioned in said note. and ~h~ mortgage, or t1~e entir+e 6alance~~unpaid t6erron, shnl~ (orthwitl~ or
tl~erea(ler, at thc• option oj tl~e mortgagc~, become and 6e dus nnd pa~ble, anytl~ing in suid note or herein
to the ronlmry nofu~if~~standing. Failwe 6y tl~e mortgagee !o exer+cise wny oj t~e rig{~is or opfiont ~eiein
proi~ic~v~ s~a~~ nol conslifufP a umiver oI any ri~~fs or options unde~ said noie or this mortgage nccrued or
I~~r~n~l~r accruing.
j~ F
n ~LII~ W~~`~ f~e sai~ morfgagor tiw tiereunto signec~ anc~ spa~~ these presents fhe
~ay an~ y~ar (irsf a{wne u~riffen.
Sign , sealncl and ~Iplivered in thp p?psencp o/:
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f F~LEO"AND`REC
~ - - - ---------------ST ~UCIE COUM~Y;°
~ - RF'CORD V _ FC~•t
' FRIFtEp
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OCt 22 A~ 9: 3
~ 2G003 9
ROGER
POITRqS
~ STATE OF FLORIDA. ~ CLERK CIRCU?j COURT!
~ COL'YTY nF St. Lucie
I HEREBY CEATIFY that on this day~ beforc me~ an
o(fi~~r ~ly authoriz~d in the Stat~ aforesaid and in the County afo~esaid to tak~ ack~wledqments, p~rsonally appearcd
Floyd fi. Braatz and Laura P. Braatz, his ~rife
to mc known to br the personS drscribed in ~nd whoL?>ecutcd the for~qoinq instrument and they acknowkdged
br(ore rn~ that they ~x~cutcd the same.
~ ~~7TtiESS my hand and of(ieial seal in th~ (:ounty and State laat a(oresaid thu ZISC. day o~
~ October A. D. 1970.
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