HomeMy WebLinkAbout2120 and sl~all ~~cr/orm, con~pli/ uith u~ul ul~i~lc b~~ cucl~ u~~~! rt,i•r~ ~lic u~rccauv~fs, sti~~ulutior~,s. co~~ditio~~s and
co~;enants N~ereo/, a?ul o/ Ihu morf~u~;e, f/~en this rn~irtra~~ un~l Ih~ estufc licrel~i~ creuh~d, s1~a11 cease, de-
tennine and be neilt arul voi~t.
~ the moit~;a~;or hereGy /urther couenauls u?ul u~;re~es to ~x~y pro~npNy u-hen due the priruipal a~ut
interest and other sams of n+oney ~~roui~led jor in said nole aiu! this n~nn~;age, or either, to ~~ay all a?ul
sin~ular the tares, asscssments, leuics, liabilities, ol,li~utioru, a~~d cncY~mbrur~ces of cacr~/ rwturc on suul pro/~-
erty; io permit, comn~it or sueer no ~raste, impair~ner~f or dcleriorafion of suid land or N~e irnprouements
ihereon at uny time; to keep t1?e baildiu~;s noec or 1~ereu~~er on said larul /ully i?uured in o st~n~ o/ not less
fhan
in a com~wny or compnn~es acceptal~le to ~he u~ort~a~ee, the Jwlicy or policies to be Iiel~l by, and ~w~~able
to, sai~l mortga~;ee, aiul in tlie ecent an~~ s~~r?~ o/ mo?iey beconies ~wyaGle by virtue o/ sucl~ i~~uance ihe
mortga~;ee sl~nll haue the ri~;ht fo receiue and apply t?~e same ~o tl~e indebtedness hereby secured, accoia~ting
to t1?e mortgatior for any surplus; to pay al! costs, d?ar~es, arul expenscs, including laicyer's /ees a?u! title
searches, reasonably incurre~l or jwid by the mort~;u~ee because of the faiiure of the mrntga~or to pron:ptly
orul fully comJ~h~ tcith ihe agreemerits, stipulatioru, coruliteo?u arul caoenants of saul rwte o?ul N~is mort~a~e,
or eiNier; to ~~er/onn, comply u•ith arul abicle by cuch ancl ecery the agreements, stipulatioru, corulitions and
covenants set forti~ iri snu! note arul this mort~a~e or either. In tl~e evcnt t?se mort~agor fails to pay u~hen
due any tnx, assessment, i?u~~rance ~~remium or other sum of moriey jwynble b~ uiitue of said note arul this
mortgage, or eiNier, the mort~a~ee muy pay the same, u~ithaut uaicen~; or nBecting the option to foreclose
or any other ri~;hr l~ereu?uler, aruf all n~ch }wyments sliall benr interest from date thcreo/ ot fhe hi~hest la~e-
ft~l rate then allou;ed by the la~cs o/ the State of Florula.
any sum of money herein re%rred to be not prom~~Ny J~aul ~cillun thirty ~ys next after
_ the same becon~es due, or i/ evcl~ o?ut euery tlie agree?nents, stiNulatio~u, conclitions a?ul eovenants of soitl
note and tl~is mortha~;e, or eiNier, are not fulltJ ~~er/orn~ed, com~lied u•ith orul a~iirle~i by, then tlie entire
s~im mentionecl in sairl note, anct t/iis mort~;abe, or the entire balunce unt,aul ihereon, shal! forthecitls or
thereafie~, at d~e oJ~ti~n o~ tl~e mo?tgagee, beconie and be due arul Jwyable, ariything in said note or )~erein
to the contrary notecithstaruling. Failure by the mort~a;~ee to exercise any of tl~e ri~l+ts or options herein
prouuled sha?l not co~~.stitute a icaicer of any ri~;hts or optioru uncler sau! note or tliis mort~age aecn~ed or
thereafter accruing.
~n ~~~~s ~IICC~OI~ the said mort~;u~;or 1~as liere~~nto si~;necl ancl sealed these presents the
day aruI year first above icritten.
Signed, se~ied nnd delioered ir~the presence of:
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€ STATE OF F L.ORIDA,
~ CoUh't'Y oF St. Lucie ~
~ I f1EREBY CERT1Fl' that on this day, before me, an
o~cer duh- autM~rized in tlx State aforesaid and in the C,nunty aforesaid to take acknow~ledg~nents, penonally appeared
John T. O'Donnell and Lydia M. O'Donnell, his wife
to nx• k~N~~cn tn Ir~ th~• {x•rwn S~l~-cu•rilw•d in and ~ciM~ ~•~t~e•uti•d tIN• fun•~uinK in.tninK•nt :urd they acktw~rledQe~cl
~ lx•fore u~t• that they ~•~~Yiil~~cl th~• >anH•.
~ ~~'17'\Etiti ~m~ h:~uil :tuil ut(i~i:t) w:tl in thr Cu~~nh :tnd Sl:d~~ la.t a(un•>.u:l thi. 27t~'1 day of
~ June t~. i~~ ?2
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~ ST. LUC:~ :.;~NTY F~A.
RGG_' TRAS ~
~ CLERK i;. ~tT COURT
" R~~~F? -~rp.,..~_
~ .1u~ 11 2 os PH'71
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