HomeMy WebLinkAbout1976 and shall ~~erjorn~, cotti~~ly i~~ith unrl n1,iele l~~j eurh unrl e~crr~ the u~rrr~?irnls, sfipulutio?u, co~ulitio~u ond
covenunts tliereo/, and o~ Ihis ruorf~;u~;e, tl~en tliis mort~u~;c un~l the cstut~ l~crcl~~~ created, sl~all cease, de-
termine and Ge nul! and void.
~ the mortba~;or ?~ere6y /urtl~er couerants a~u! a~;rces to jxiy pror;~pt/y ichen due t1~e prirui~l arul
interest and ot)~er sums of moiu+J provuled for in snid note arut tliis mort~;age, or eit)~er; to }wy all arul
sin~;ular the taxes, assessments, lecies, Ii~Lilities, oLli~;atio~u, a~ul encumbrances o~ eoery rwture on saicl prop-
ert~; fo pern~it, conunit or suBer no u'aste, impairrnenf or deterioration of said land or tlie iniprovements
t)~ereon at nny time; to keep t1~e Ifuildin;;s now or l~ercu/eer on saul la~u~ full~ irisured in a sum of not less
than
in a com~wny or com~wnies acceptable to tlie nrortga~;ee, the ~wlicy or J~olicies to be held by, and jwyable
to, saul mortgogee, an~l in the eoent any stim o~ money becon~es payable Gy vistue of sucle i?uiirance the
mortga~ee shali l~aoe the ri~;l~t to receiLe and apply the sn~ne to the indeGtedness l~ereGy secured, accounting
to tlie mortgngor for any surplus; io ~wy a!! costs, chur~;es, orul ex~~enses, including lnu~yer's fees aral tiile
searches, reas~nably incune~l or paid by tlie mort~;a~;ee because of the failure of t)~e mortga~or to promptly
a?xl fulG~ comply icith the agree?nents, sti~n~latioiu, co~ulitions aral cove~wnts of sou~ note arul this mortgage,
or either; to J~er/onn, comp~y tcith a?u! abule liy each arid ec~ery the ogreernents, stipulaticros, coiulitions and
couenants set fortl~ in saic! note a?ul this mortgahe or either. /n the event tlie »iortgugor fails to pay ichen
deie an~/ tax, assessment, insurance premeum or otl~er sum of money ~wyaGle l~y virtue of said note mul tliis
mort~;a;;e, or eitlier, tlie mortga~;ee may Jwy the snme, u~itliout icaiuin~; or aBecting the option to foreclose
or any otl~er ri~;ht hereunder, arul ull such pay»ients shall Gear interest frorn date thereo~ at ihe hi~hest la~c-
ful rnte tlien allocced by the laws of the State o/ Florida.
any stun of money herein re%rred to be not prom~~tly Jxiul ~cithin thirty days next ofter
the sume becomes due, or if each arul eoenJ the agreements, stipt~latioru, conditio?u arul covenants of saul
note and N~is mort{;a~e, or either, are not /ully performed, complied icith and abided by, then the entire
sum mentioned in saicl note, a~ul this mort~;age, or tl~e entire ~~alance unlwid ihereon, shall forthuith vr
t)iereofter, at the o?~tion o/ !he mortgagee, ?~ecome and be due a?kl jxiyable, anytbing in said note or herein
to tl~e contrnry not~cithsta?uling. Failure by the mort~;a~;ee to exercise an~~ of tl~e rights or opteons herein
prouu~ed shall not constitute a e~uiuer of ony rights or options uruler said note or il~is mortgage accn~ed or
therea~ter accruing.
~n ~~~~s ~h~Ol~ the sned mo~tga;~or has hereunto si~;ned and sealed these presents the
day and year ~irst alioue u•ritien.
Sfgned, sealed ancl deliuered in the presence of:
,
~ , - • t , . ~
.
---------------~-~-f- ~ • - -
, /1
; ' S~a,s..~Y,.o _ Q~
-~-,1~'C. . ~
;
~ -
, - _ -
} ~
. -
- . - - - ~ -
- -
;
~
F
~
G
~
~
~ STATE OF FLORIDA,
Cou:~'['Y oF St. Lucie ~
~ I HEREBY CERTIFY that on this ciay, before me, an
~ oE6cer duly auth~rcized in the State aforesaid and in the County aforesaid to take acknowdedgments, persunally appeared
~ Frederick L. Hersey and Elaine Hersey, his wife
~ to nK• ktH~~~ n tu Iw• tM• ~x•r.~m S d~•u•rilx•il in a~~~l iN~ i•ai~•utr~l dw~ f~~n•~uinu in+tr~nni•nt und they :IC{:IH)\~'~I({fY~
~ Ix~fore ~ix~ tlu~t they ~•~~rutrd Ux• .:uur.
~ \~'1"1~\h:tiS ~u~' h:u~d and uf(ici:d w~:d in thi• Cunnh anel tihd~• I:t+t afures.utl thic i lt~l ~ day of
~ Febreiary .a. u. t~? ?2 ' : "
~ ~
~ ~ - _ ~~!r-s,:::._
_ ~ .
~ f''l.ui~la a~ t.Ar~', ' r
, . , ~,.:s,~~3',nn~ratu:e~.T~mP~y ;
j ~
~ RECOROE . • '
- fItE0~K~0UNtYSU. ~ . ol:i::~t: :,~Il ~..~i:il~~...,ut.(t;'~~3.• ~
S?. lUC1E
ROGEft PO1tAA , ` 7 3 .
C~R~ vER
6
EO COUIIT . -
qF.CO
_ FE8 3 234M'~Z
,Y_~ s 1 _
2,~~
= oo K~~9 PAGE~.975
- g I
',~:Y
i;
ye Y
.
,
. ' - " . ~ . ~'A..:.. . . .