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HomeMy WebLinkAbout0294 an~ stia~l pe~(o?m, comply u~1tl~ ond obide br ~«1~ and erery t~s ap?~nienls, sflpu~atlo~u, co~~iNwu and covenants tl~eno~, and oJ this morteage, el?p~ thb n~wt~ag~ and th~ ~~lats h~.,.br c?~uted, shall cyase, d~- I~nnine an~I ~ nult ani~ ~~o~d. ~ Ihs mo?tAapo. I~r?abr ~urtl~w coi~nanb a~d agnes !o pay promntly a~l~~n dw ~h~ p?tnctpa! and lnlrasf and ottie~ sums oj moner pro~~i~wd ~or ln aaic~ note nnd 1~1i mo?fgag~, or stl~er; to pay a~l and sinpu~ar Ihe faxea, oas~ssments, ~evIes. ~labi~ilies, ob~tpattons, and sacum6ronce! o/ ewry natun on iaid pro- pt?ly: to pe?mil, commif or su~(rr no watta, impnirn~enl w c~eterio?ation of aaid land or tk~ ln~prowmenla ftiPreon ~f anr fime; fo ~~p fhe tiui~~ings nou~ w he~rajter on sotd Ian~I f ully insuncl tn a swn of not ~ssa Itian t~ a rompany o~ rnmpanies nn•pplc~ti~~ to ttip ?nortgagee, ttis po~Icy or po~ictes !0 6. h.ld 6y, anc~ pnpab~ fo, saic~ morfganw~, ane~ in th~ e~~nt any s~un o~ money bec~rnet Pom6k 6y vt?lue o~ tttc~ insuranc~ tti~ rnorfgapee :hall ha~*e fhe rig/~t to ~ceii~e ancl apply fhs anme fo fl~~ inde6tedness I~er+eby secured, neoounting fo the morfganor (or any s~up~us; fo par aU c~osfs, ctiorprs, and expensrs. inc~uding ~au~~s je~~ ond tit~ sParrtips. ?easonah~y incu?rrrr or paia tiy f~~ mo~fgagee bec~ause o~ f~s ~ailure o~ ttie ~nortgugor lo pron~pf~y nnd fu~~y corqply wifl~ fl~e a{~rremenls, sfipu~afions, c~ondttioru and rn~~ennnta o~ an~d nofe and this ntorfgog~. or pifh~r: fo pe?~orm, comply u~ilh an~ aRide ~?y eacti and everY the a~?eemenfs, stipu~alions, condtNoru nnd co~Mnanls sel ~orlk in ¢aia nofe nnc~ fhis marlgage or eilher. In !ht evenl ttis rnosigaAor jat~ to pay wtien diie any 1ax, assessmenl, insurance p?emium or oltiar s~un o~ money pa~?a6le by virtue o/ aaid note and tl~ti mortgase, or eittier. Ihe morfAagep mny ~y i1~r anme, wiltiouf u~aiuing w a~jecftng ftie opfion to jorec~oat o~ any AI~Pr r1~~I ~P/PIIIt~P~, Q/l(1 AII SIICII ~A)1?1PIIIs shnU beor irelrn•sf ~rom crate tl~ereo~ ot t1~e Ripl~eal law- ~t~~ M~P ~~1~'~l A~~OU~~ ~Y ~~P ~QQ~S O' IhP SIa~P o~ Flo~i~a. il any sum o~ money ti~pin ra(erre~ ta ~?e not prompt~y paid wilFln thirty dari next a~tK 1{~P snm~ 6.~com~s due, or i( e~acti ancl pve?y tl~p ngreements, stipulations, conditioru and rnvtnanta o( said note and fl~is mo?Ipage, or ~if6er, are nof (ullv per(orntec~, cymp~ied with and a6td~d 6y, tkrr? tke entin sunt menlione~ in saic~ note, anc~ ftiis moitgage, or t~e eretirr ~~nnc~e unpatd therpon, s~aU fo?t~~uit~ ~x thereajtK, at 11~F oplion of t1~e mortgngcp, become and 6e due and ~~61~, anything in satd nole or hentn fo IhP ronfrary notu~iftislan~Iing. Failure tiy fhP mortgngee to exe~riis any o~ ttie rigtils or optfons ~e?etn proi~iaw~ chall i~of c-onslilu:r a u~ainpr o~ nny rin~ls or opfions under sai~ rtof~ w t~~is mortgags occtued o? 1{~~?rn(I~r a~cruing- ] ~ ~ f~i• sai~ morfgagor {~as hpreunlo signec~ an~ spa~ Ihpst pnsrnis l~is t~ay an~ vrar ~irsl a~~ove u~ritfpn. Slgil~. SPA~~ A/Id (tP~f !II ~~P presNnt-p Oj: 1 ~ f . - ~ ~ / ~iL' ( ` - " . •----.y..~.~ `.i_~.G:...._.. . i~ : 1 ~ % . _ . . ------------t6~ ~ : - - - - - _ - . - - - i - - ~ - - k t ~ STATE OF FLORIDA~ ~ COt'NTY ()F St. Lucie I HEREBY CERTIFY that on this day, beforc me, ao ~fficer duly- authoriaed in t6e Stat~ aforcsaid and in the County aforesaid to uk~ acknowkdqrt~nts~ prnonaUy appesred ~ C. Peterson and Olive U. Petersonr his wife ~ to mc known to be the pe~~son s described in a~d who tx~cuted the Eor~goinq instrument and they acknowkd~ed ~ beforr mr that they txccuted the ~ame. ~ HIT~ESS mp hand and official seal in th~ C:ounty and Statc last aforesaid ~h~s 16th d~Y ~ ~ 1 July A. D. 19 71 \ ~ ~ ~ • : . ~ J . ' _ ~ . - 'Y . • ' , . - . , . i~ p„ . - : - • : _ - ~ f1~E0 ANO RECOROzp V _ = : / if. IYCtE COUNTr flA. = • J = ~ - _ ~ ~ _ :~'-~~~yi1.=~fh ~ .c IIOC~~I PO~T1tA5 i ~ _ _ ' f~ERR CIRCiq7 ~OYlIT'~ ~ ` ~ R~CORa +1€R~f1EY = - :~!'r~~~"~*? ~ ~ ~ , ~ ~ .I~ ~ ~ ~ ~'T ~ , ~ - . - ~ ~ ~ /~(N i ~ ~ t ~ 212.~~80 _ ~ ~ ~ ~ ; ~ ~ BORK ~~7~ ~ ~ ~ ~ ~ . . _ _ _ _ - - - - ~ : ~ ~ ~ s_a~_- - -z - - . t _ . . . ~ _ .~,.~i:5