HomeMy WebLinkAbout1144 and sha/1 pe~/orm i~omply wifh and abfde by a•arh and e~ ery the ogreementt. uapuwnona. co~auwna cu~u
co~~enants thereo~, and oJ t{eis mori~ane. Ihen lhis mortqage an~l thn estate hereby creuted, sl~all eease, ds-
1P/!l11A@ pRd bp nul! Qll/~ I~olt~.
~in~ !/~e mortga{~or ~iereby ~urther c~ovenanls and agrees fo pay proniptjy when due fhe principn~ and
inlernsl ~nd ofhe~ sums oJ money proric~e~I fo~ tn sai~ note ant~ itiia mortgage, or PIIRP~; fo pny a~~ ant~
sinflular the tares, assessments, le~~ies, lia6ililies, obli~alions, and encumbmnces oj e~err nature on said pro-
pe?ly; to pp~mit. commit or suf~er na u~nsfe, impairmenf or c~elerior+afion o~ said ~anc~ o~ the fmprovemenia
Iherncn ~t any time; fo Ire~ep thh buildings nou~ or hereaJ~~~ on s~id Iand /u~ly insured in a sum oj not Iesa
~hQR full insurable va~ue
in a company or companies QMP~)IQ ) P !o If~e mortgagee, fhe policy o~ po~icies to ~e held hy, anc~ payabjt
to, saic~ morfgagre, an~ in !he eoent any su~?t of money 6ecomes payab~e ~,y i~irluo of such insumnce Ihs
martgagee s~a~l ~ai~e f{~e rtflhl to ~PCPtt~P and apply fhe snme to tlee indebledness I~errtiy securecr, accountinA
to IJ~e mo?tga{~or (or anl~ surp~ees; to pay Q~~ cosfJ, charpes, ancj expenses. inc~uding ~wyer~s- ~ePS aner ti14e
searc~es, reasona~,~y ii+currea or pa~d 6y the morfgagee tiecnusP o, t~e ~ni~are o~ I~e mortgago? fo prompt~y
and jully complv u~ilf~ Ihe agre~menls, stipulalions, conclitions an~ rovenanls oJ sai~ note nn~ fhis mortgage,
or eiiher; fo per~orm, comp~y u~ifh and abicre by each antl every fhe ag~eements, sfipu~ations, cone~ilions ont~
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covenanf• sef Jorlh iri sai~ nof~+ anc~ ltiis mortgage or eit~er. ~n the event ttie mortgagor (ai~s fo pay w~en
dur any iax, assessment, i~uurance premium or of{~er sum of money payable ~q virtue of satc~ note and l~its
mortgage, or PIIIIPI, fhe mort~agee may pny 1/~e same, withouf u~aiuing or a~`ecting the option to (ornclose
or any ofl~er rigl~! hereunc~er, and aII such paymenls shull bear interest (m~n da~e theneo/ at the higleest law-
f uI rate Il~en atlo~oed by If~e laws o( tGe Slate o~ Florida.
iL any sum o( money ~erein re%rrn~ fo ~e not pe+ompt~y paid wit~in thirty c~nys ~eext ajter
thp same ~pcomes c~ue, or i~ each ancl eupry tl~e ugreements, sfipu~ations, conc~itions an~ covennnls of aa~d
note and Il~is rnortgayp, or eiti~er, are ~iof /uRy perJoemed, compGed w~tl~ and abided 6y, t1~on Il~e enfirs
sum mrnfioned in said no1e, and ttiis morfgage, or tl~e entir~e balence unpaid thereon, sha![ /o.ihw~~h or
therea(ter, the option oJ the rreortQagee. beconmp ana be due nnd payn6le. nnything in said note or I~erei~
fo f~e confrary nolwFt?~standing. Fai~urp 6y thp mortgagee to exercise any o~ fhe rig~ts o~ optto?u heretn
prori~et~ s~a~~ not ronstilute a u~aivpr o~ any rigtifs or opfions unc~er suic~ r~ote o~ t~is morfgage ntnued or
t~ereaJfer acr~uing. . .
~n tl~e said mortgagor hns hPreunto signecl nmi sealed ~hese p?esen~s the
cray and year ~irst pbove u~riften. '
$igned, sealed and deli~~ered in 11~e presencp of :
~~i~Q~-- - . C - -
~J - . David Stuar
.-.~?~a~srel_ - _t---- ~ . - - ~ ~ - -
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STATE OF FLORIDA, ~ SS
~L'~~ ~~F ST. LUCIE
I HEREBIr CERTIFl' that on this day, be(orr me, an
o(ficcr duh• authorized in thc Stat~ a(oresaid and in the County afori•said to tak~ uknowltdgmcnts, personally appeated
DAVID STUART
to mc known to br the prrson d~scrilxd in arsd who ex~cuted thc for~qoin.q irutrument »a he acknowkclRed
befurr me that 1'lE' cxccuted th~ same. ~
1~'ITIESS my hand and official seaf in thc (:ounty and Statr last afotrsaid this ~j day of .
June A. D. 19 72
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F~«o ~4; =.£ccRCEO NOTARY ~LIC, State of Florida
st. ~uc:: ~~~~KjY f U. at Large.
~ RGt',ii. i:317RAS
g~cFx. Ct ':U?T COURT~ ~
REC~F^• ~'F :D~' i~~~ti~~P~f,8810II expires : -
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