HomeMy WebLinkAbout2205 and shaU per/onn, comply tcitl~ urul aLi~le Ly c~u•h u~~d eccr~ ~l~e u~reei~rcnls, stij~ulutio?u, corulitioru ond
coe~enants N~ereo/, arul o/ N~is mori~;u~;c, then fl~is rnorl~u~e a~~d N~e estatc l~erehq created, s)~all cease, de-
termine a~ic! be null and ooicl. '
~ the mort~a~or l~ereGy further couenants u~u/ agrces to ~xiy pram~N~ when due the pri~ui~al Qnd
interest ancl othci sums o/ »~one?~ prouuled /or in said nole arul Niis ~nort~age, or eitl~er; io Nay uU and
singular the texes, ossessments, leuies, liabilities, oLlitiutior~s, ontl c~u~uinl~rances o/ ecery ~wture ori suid proj~-
erty; to perniit~ commit or st~ecr no uoste, in~~irment or deteriorvtion o/ said larul or tlie improuements
tl~ereon at anr~ time; to kee~~ the Gui?~lin~;s no~c or l~erca~ler on saul land /ull y i?tisared in a sum of not less
than ~ Five Thousand Nine Hundred and No/100'
in a company or comJ~anees acceptable to the mortgd~;ee, the policy or policies to be I~eld by, and jw~~able
io, soirl mortgaKee, and in dee euent an~ surn of n~aeey becornes payaGle Gy uirtue of such i~uYaance ihe
mortgagee sha1l haoe the ri~;ht to receice and apply the same to ihe indeGted?iess herel~y secured, uccounting
fo the mortgagor for any surpli~.s; to ~wy all costs, char;;es, a~ul expenses, ineluding laec~er's fees arul title
searches, recuorwbly incurrerl or jwid by the mo~t~;a~;ee t~ecause of d~e failurc of tl?e mortga~or to promptly
ancl fully comply icith the agreements, stepulatio~u, co?ulitio~u a~ul cocen4nts of saul rwte a?ul tltis martgage,
or eid~er; to perfonn, comply uiN~ a?ul aGide bi~ cach and eoen~ N~e a~;reernents, stipulatioru, coruliteons and
covenants set forth in saic! ~wte arut this mort~;o~;e or either. ln the event the mortgagor fails to ~aJ ichen
due an~ fax, assessmeni, insurance premium or other surn of n?oriey ~xiyable by uirtue of snid note a?ul this
mortgage, or either, the mortgagce may pa~ the same, ~cithout uaivin~; or a~ecting ihe o~tion to foreclose
o~ any otl~er ri~ht 1~ereunder, arul all such Jwyments shal! Genr interest from date tliereof at tlie /~i~liest la~c-
ful rate then olloe~:ed by ihe laecs of the State of Florida.
an~ surn of money )ierein re%ned to be not prom>>tly J~aul ~cit)iin 3~ days next after
the same l~ecomes due, or i/ each oncf eoenJ the agreements, stipulatioiu, corulitions arul covenants of said
note anrl this mort~;a~e, or either, are not fulltJ performed, complied icith aru! abicled by, ihen tlie entire
sum mentioned in said note, anc! ihis mortgage, or the entire balance unpaid thereon, shall forthiciNi or
fhereafter, at the o»tion of t/ie mortgngee, Gecome ond l~e due arul ~wr~able, anything in saed note or herein
to tlie contrary nottcitl~sta~uling. Failure Ly tlre niortgatiee to exercise any of tlie righis or options lierein
prouirled shall not constit:ete a icaiver of any rights or optio?~r u?uler saul note or tliis mortgage occrued or
therea/ter accrufng.
~n ~~~I~ the said mort~u~;or has hereunto si~;ned a?ul sealed these presenis ihe
day and year ~irst aliove ~critten.
Signed, sealed and delioered in the presence of:
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STATE OF FLORIDA, ~
CoUNTY oF St. Lucie
~ I HEREBY CERTIFI' that on this Jay, before me, an
o~cer duly autM~rized in the SL•?te afores:iid and in thc County aforesaid to take ackrwa~leclgments, personally appcared
Erwin Muldrow
to nx• k~N~a~n to lN~ tFw• ~x•rWm ~1~•scrilk•il in :uul ~~1N~ Y\lY'11~P(I NN• fUfl'fClIIIIQ imtruumnt :uul he :~rktK~~~•Ictl~c[l
Ix•(um ~em th:~t he i•~~r~di~l thi• .:uni•.
\~'t'f\Etiti my h;tud :tnd uHici:J u:d in thr Connt~ and titatr la.t a(urcvud thi~ 31 St. day of ~
, :
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iT.lUC1E COUMTY FLA. . . ~ ' -;a~Ir.~~nce (~^1:~r.;n:' :
ltOCEa P41TitAS ~1}• l' ' o•. l~'3 ~ : - ;
CIERK C~nCUI~ COURt ` ' b' • l t~ ~ = ~
RECORO YER~FIEO~----- _ L 7 3 ~
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