HomeMy WebLinkAbout0788 and shnll pcrJorm, i~ompl? u~itl~ nnd a6ide 6y each and PI'Pry t1~e agreements, sttpulatio?is, conditions a~d ~
conenants Ihereoj, and o/ fhis morlgage, tl~pn Ihis mortpapp a??d Ihe esfafs here6y c?patecr, sf~all cease, ds-
lermine an~I ~e null anrl ~roi~.
nIN~ ItiP mo?Iga~~o~ her.~by ~urther rnt~enants and ogrees to pay prompl~y u~hen due the principa~ and
interrsl and oll~pr sums o( money proniclecl ~or in saicl note a?id thit martgage, or either; 1o pay alI und
singular Ihp fo.rPS, assessments, IPI~IPS, lia6ililies, o6lipalions, nnd encum6mnces of every nutwe on sai~I pro-
perfy; fo permil. commif or suf
je~ ?~o ~naste, impnirmenf or c~ele~ioration o~ said ~and or ftie improuemenb
tl~ern~~n ~t any time: to RPPn IhP buildin~s nou~ or I~p~a~1~r or~ said land ~ully insurnd in a sum o/ not less
than ~til
in a con~~~any or rompanies accPptaGle lo the mortgapee, tl~e policy O~ POIFCIP! to hpld 6y, and pnya6le
to, said mort~aQee, qnd in the event any sum o( money 6pc-omes ~ya6t~ 6y virlue o~ such instuance the
mortgage~ s{~all ha~~e the right to re~celvP and apply the same to tles inde6ledness f~ere6y secured, ncc~ounting
to t{~e mortga~or for any surplus: fo pay o~~ rosfa, charpes, anc~ expenaes, inc~uc~ing ~awyer~s fees and fil~e
searches, rensona6ly incurrec~ or paicr hy t/~e morfgagee tieca~ue oj the ~at~ure o~ !he morfgagor to prompf~y
ancr ~u~~y comp~y u~ilh the agreempnts, sfipu~fions, rnn~ifions an~ covenants o( sa~~ ~~ofe an~ I~is mortgage.
br eiltier; !o per~o?m, eomply witl~ and u6i~Ie 6y eacl~ nnc~ ei~ery Ihp agreemenfa, sfipu~afions, condilions ancj
coi~enanls set (ort{~ in satd note an~ this morlgage or eifher. /n !~e evenf Ihe morfgagor ~ai~s to pay when
due a~y fnx, assessment, insurnnce premium o~ ofl~er sum o( money paya6le 6y virtue o~ saia note anc~ this
morl~age, or eifher. Itip morfflagpe may pay fhe same. u~ifhouf waivtng or a~~ecfing the option to (orec~ose
or any otl~er rigl~t {~ereuncler, and all such pnyments s1~aI1 6enr tnterest ~rorn ~ate t{tereo) ot Il~e l~ighest ~aw-
~ul ?ale then allou~erl by Il~e lau~s o( the State o~ Florida.
any sum o( money ~erein re(errecr lo be not prompily pai~I within 30 days nex! aJter
fl~p same 6ecomPS due, or i/ eac1~ and puery fl~e agreements, stipulafions, condilions anc~ covertanls o~ sait~
nole and this mo?1p~~p, or eithpr, are not Jully perJormed, complied witl~ and a6~d~ 6y, then Ihe entire
sum menlion~ in said not~, ancl fhis mortgage, or the enlire balance unpaid thereon, shall ~orlhwith or
tl~ereafter, at th~ option o/ the morlgagee, 6ecome and 6e due and paya6~e, nnqthing in aaid nofe or herein
fo f~e confrnry notu~illesfuncring. Fail~irp by rhe morlgngee fo exercise any o~ !he rigtifs or optFons tierein
provided shaU nol consfituf~ a wairer o~ any rig~fs or options unc~er sai~ nole or itiis mortgage accrued or
t~ereaJier accruin,q. "
~n ~~lll~ ~~~1~ t~e saic~ morfpngor ~~ns J~ereunto signecl ancl seale~ il~pse presenis the
~ay anc~ year ~irst nhone wriffen.
Signe~, sealed ur~~elin~r ~~n t1~e presencP of :
% / `l ~ - " i ' ~
" L -G~`~`'~
' ..~.L..„-C".t~: ---•--t.. -G-- •-r~-- - - - - - ~
_ ber~ A: ~ Schre r
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~ ~ . _ I .~...~1" '~___~.~`.~M~'.T-
.
1 s M. Schreiher
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~ STATE OF FLORIDA, ~
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COL'\TY OF ST. LLICIE
; i HEREBY CERTIFY that on this day, betore me. an
~ officrr duly authori2ed in the Stat~ aforcsaid and in the County aforesaid to tak~ acknowledgments, person~lly appearcd
,
~ RUBEI~ A. SCHRgIBER aid PHYLLIS M. SCHREIBBR, his Mife, ;
~ to me known to ~ the person8 described in and who ezecuted the for~qoinq instrument and t}]~lI acknowledRed
~ beforc me that t2fl51 ~x~cuted the same.
' NI7'1ESS my hand and of(icial seal in th~ County and State last a(oresaid this 2St}t day of
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D. 19 71. ~ ~
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n _ _ J~..
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NOtaTy Publit, State oi Ftcrida st lar~
hry Comm~ssiai Exp~res Sept, 1, 1973
~ y ~ ~ G ~ ~
' •~;.~~•-J; FIlEO ~N ~OUM~'f ~~A•
' 5t. ~UC?EQ POItRAf ~
- , , , RO~~'~RC~IT COU~T
CLER VERtF1E~ ~
RECOR~
~9 19 a~~Ti ~
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~ ~ p67
% lirs /nl~ni~u~~~>> PrrPrrrr~J l
y:
,~,~~~r,j~ 80~191 787
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