HomeMy WebLinkAbout0170 and slud! ~~er/urir~. con~~~ly u•iN~ uiu~ uLide b~~ ruch und rec•r~ thc u~r~re»~er~ls. stipululio~u, condilioiu anrl
cacenants tl~ereo/, n?ul o/ Ihis mort~;u~;e, d~en lhis »~ort~;u~e uud the estutc lierc•1~~~ creutsd, shnll ceace, de-
termine ancl 1~e null and coi~l. ~
~ the mortgahor hereG~~ fuhher couenants a~ul agrees to ~xr~ prom~~tly wl~en due t)~e princi~al and
interest a?ul otiicr nims of n~aie~ prouuled for in said nole a~u~ tl~is n~arl~;age, or either; to ~wy aJ1 and
singular the taxes, assessu~ents, lecies, lial~ilities, oLli~;atia~.s, and e?u~u~rl,rur~ces of everr~ ~wte~re on svul proJ~-
erty; to permit, commit or sueer rio ec•uste, im~xrirnrent or deteriorativn o~ soid ?a~ul or the i?npronements
thereon at any time; to keeY the buildin~;s nv~c or hereu/ter on sau! land fuRy iruured in a sum of not less
than
in a comjwny or con:lwnies ucceptable to tl~e mortga~;ee, the policy or ~wlicies to be lieid by, aru~ payable
io, saul »~ortgagee, ancl in tl~e euent any suni o( ritoney liecon?es ~wyaG~e Gy uirh~c of suc1~ i~~.surance tlie
mortgngee shnll have tl~e ri~;ht to receive and opply the same to the indeGtedtiess here~iy seaired, accounting
to ihe mortga,~ar for any surplus; to ~w~~ Qll cwts, ciear~;es, aui ex~~er~scs, includinK lawyer's jees aul title
searches, ~easonal~ly incurre~! or paid Ly the mort~;agee t~ecuuse of the failure of tlie mortgagor to promptly
and fully com~~ly eeith ilie agreements, stipulativr~sr, corulitio».s a~ul coae»~r~ts of saul iwte arul this n~ortgoge,
or either; to per/onn, conrpl~ ~cith a~u! abide lie~ cuch and ecery Nte agreements, stiNulations, c~onditions and
Gvuenants set fort)~ in saul note a~ul tl~is mort~a~;e or eid~er. In t/~e eucnt the mort~abor fails to ~wy u)~en
due any tox, assessment, insurance premium or other sum o/ money payaGle by nirtue o~ saici note arul this
mo?tguge, or either, Nie mortgagee ma~ Jwy the same, ~aythoid icaivin~; or aBecting the option to foreclose
or any odeer ri~;ht hereuruler, and nIl such ~wyments s/~aU Lear interest frorn clate thereof at ihe hi~hest laic-
ful rate ihen allou;ed by the lnu;s of the State of Florida.
,
an~ sum of »toney herein referred to be not prom~~tly ~wid icithin ~i~Y dpys next after
the same l~ecomes due, or if each orut evenJ the agreements, stipulations, corulitions a?ul covenants of said
note und this mortga~;e, or eitlier, are not fully performed, complied icith a?ul al~iclecl by, then the entire
sum mentioned in saul note, Qnd this mortgage, or the entire lxrlunce un~wul t)rereon, sha11 forthwith or
iherea/ter, at tl~e oj~tion o/ tl+e mortgagee, become and Ge de~e aiu! ~xiyabJe, anything in saici ?wte or herein ~
to the contrary rwt~citlistanding. Fvilure by the mortgagee to exercise uny o/ the rights or options herein
J~rovuled s)rall not ronstitute a icoiver of ony rights or optior~,s uruier saicl note or.iliis mortgage aecrued or
therenfter aeeruing.
~n ~itness ~hereof~ the suid mortga~or has hereunto signed a~ul sealed these presents llie
day and year first al~ove teritten. '
Signed, s ed and delivered in tlie resence of:
- - -
- - ~ - ~ d---..--=-~ - : ------a~ ~
. ~
_ .
. _ . . . _ . . . . . . . . _
STATE OF FLORIDA, ~
COUNTY OF St. Lucie
I~{~REBY CERTIFl that on this day, bcEom me, an
o~cer d~dy° auttx?ri-r.ctl in the State aforesaid ancl in the County aforesaid to take acknoK-ledgments, personally appeared
Michael Allen b Anna T. Hefley, husband and wife
to nx• {.iHnrn tu Ix• 11?e- ~x•rw~n g di~•rilx•d in :~n~l ~cM~ ~•~iti•ute•~! fIK• ~un•f~uinK in~tnuix•nt :u~d they ucktN~~t•IedRt~cl
l~e~urc ux~ tk~t they ~~~~ti~iiG~l NK• ~:~nn•.
N'll'\F:titi ui~~ h:tud :tnd ut6cial ~:d in t}x• Cu~u~h• and Stati• lact :tfon•~aid thi~ 2nd day of f
June u. ~~~72.
~ I ' / ~
1/'' j~i~lC~G~~~ T _ ~
Ft~a~tG STATE OF IDA T!~E
ofY COR1fdISS10N EX t
~t+oEU rMrtqu~ ~:,~9~
FiLEO a!+c~ °tc:~k~ED
ST. WCt :sUNZY f t?. Z_
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