HomeMy WebLinkAbout1741 and shall perjorm, comply with and a6ide by eacl~ a~d eoery the agrrements, aftpulatio?ia, condltions a~d
corenants thercwJ, and oJ this morfgape, tf~en 1{~is mo?tgage and tl~e e~late I~ere6y c?patecr, il~all cease, dt-
lermi~e and 6e nuU and ~~oid.
Til~~ thp morlganor tiewhy ~urf~e~ coi~enanfs anc~ agrees lo pny promplly whe~ aw fi~e principal ancJ
infe?rsl an~ other aums o~ money provicrecr ~or in said note and t~is motfgage, or tilhsr; to pay a~~ ond
sin{~u~ar ftie fa.res. nssessmenfs, IPl~IPS, ~inbi~ilies, o6~i~attons, anc~ encumbrances oj every nature on aaid pro-
perly; fo permif. commif or sujfer no waste, impairme~t or c~eferto?atio~ o~ :aid bnd or fhe improvemenls
Il~precn af any limp; to ~~ep Ihe huildinfls now or hetrajler on satd Iand /ully inaturd in a aum o( not less
fhan
in a i•ompany or ~ompanies a~~Pr~ablp to fhe mortgngee, !he poltcy o~ policies to 6. hpid 6y, and pnya6le
to, sai~ moNpngee, and in the event any sum o~ monc~y 6ecomes ~ya6l~ 6y virlue of such Insurnnce tf~e
mo?fflnupe shnll hai~e tl~e rigl~t to ?eceive ond apply Ihe snme to !he indebtednesa ?~e?e6y secured, accounttng
to the morfgagar ~or any surp~eis: fo pay a~~ ~-osts, charges, nnd expenses, inc~uding ~awyer
s f
ees und fil~e
search~s, rpasonah~y incurre~ or ~~d 6y the morfgagee becotue o~ f~e ~ai~ure o~ ftie ntortgagor to promptly
ancr ~ully comply u~ilh fhe agreemenls, sfipu~alions, condifioru and c~ovennnls oJ said note and this mortgage.
or either: fo perJorm, comply u~ith and a6icle 6y eacl~ and every Ihe agreemenfs, stipulationa, conditions and
cov~n~~nls sel ~o?Ih in said note and this mortgage or eitl~er. In tl~e event tl~e morfgngor /ails to pay wken
due any ta.r, asspssment, insurance premium or ofl~er sum o~ money payab~e 6y virtue o~ said note and fhis
morfgage, or PII~P~, ftie morfgaqee may pay fhe same, wiihout u~niving or a~~ecting Itie optFon (o jorec~ose
or nny other right I~erpuncler, and all sucl~ paymenls sl~all 6ear interest jrom dnte tf~ereoJ at the I~ighest Inw-
+u~ rafe I~en a~~otu¢~~ hy Ihe ~a~i~s o( ttip $late o~ f'~ori~a.
~l nny sum oJ mon~y tierein re~errec~ l0 6e nof prompt~y pnic~ within thirty daya nex! af ter
th~ samP b~com~s due, or ij each AII~ PI~P~ IhP Q~~PBMt+?lIS, stipulations, conditions and couennnts o~ saic~
note nnd tl~is mort~n~e, or either, are no1 (ully perJormed, complied u~iif~ and a6~dpd 6y, tl~en the entire
sum menlioned in said nofe, and tl~is mortgage, or tl~e enti?e ba~ance unpaid thereon, shall ~orthwith w
fherpafter, at tle~ opfion of I~e mortga~ee. 6ecome and f?e due nnd paya6le, anytl~ing in said note or 1~erein
to f{~e contrnry nolu~ilhstanding. Failurp by fhe morlgagee to exercise any o~ the rigtifs or optio?~s ~erein
pro~~icrec~ sha~~ nof conslilute a u~airPr o( any rigf~fs or opfions uncler sai~ nofe or ttiis mortgage accnied or
fhernajfer ~ccn~inc~.
~n ~~Ul~s ~IK` [Ol~ 1{~P said morfgagor has ~e?runlo signecl and sea~ed Itiese presents fhe
~a anc~ ycar ji?st atio~~p ~rriffen.
.~gt1P~, P d d dpli~~ered in tl~e presenre o/: .
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~ 1 STATE OF FLnRID4, '
~ i COC\TY OF ST. LUCIE ~
i 1 HEREBV CERTIFY that on thi: day. be(orc me. an
! o(fi~er duly authoriz~d in the Stat~ a(or~said and in the County aforesaid to takt acknowledgments, personally apptarcd
i
TOBBIE SCIPPIO and CORA LEE SCIPPIO, his wife,
~ to m~• known to br thc pcrson S d~xribed in and who exKUt~d the (or~qoinq instrument and they knowiedRed
; brfor~~ me that they ~xecuted the same.
~ ` K'17~\ESS my hand and o((icial seal in the County and Stat~ last a(oresaid this day of
~ $@}1~B~eX~~ A. D. 19 71
~ : " _ _ , ~
' ~ • ~otaA ~ic. Sbt . oT Florid~ ef ~.,~0/ '
r . . _ .1!~'t,~,,
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~ ~ {Omnns,~ar. •
~ ; , .o,a.: e' . . . I, _ z 5~ "7 y
~
~ . F~EE~ ~~e ~ECOaoEo
~ . Sj WC~i C~UNTY FIA.
~ ~ • a~Jf r"-~ITRAS
~ ~ CtffiR C ~CUIT COURT
RfC~ ?:1 ~Ei~.+~IED
~ I SEP I~ IO 26 dM'~ ~
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~ t
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~ 21SS59
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~ %%~i /nslnini~~d prrpu.~-~1 hy:
/~t~t~fi'11 Th~s Instrumpnt Y1a+ Pr~•par,rA Ry-
~ ~ C. R. McD4NALD. JR., ~~~w,~~~ U Q p ~~Q
~ Cili~~q~ F~.Jerei Bu~!~~rq QOQK1y5 r~V`+~ `v
H. P~e~c•. Fio,~d• 3 i4~,~
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