HomeMy WebLinkAbout0740 ancl sl~all per~orm, i-omply u~ifl~ and nbtdA by pach a?uI ei~ery the agreernents, JlipulalFoni, rundifions ond
co~~en~nts the?c~oJ, and oJ tl~is mort~a~e, fhei~ fl~is mortpage and I{~e esJate hp.~by ~~oi~l, shall cease. de-
termine ~rtcr ~ie nttl~ an~ e~oi~~.
Iin~ fhe morf~o~or ~u~r~~by ~urfher cot~enanfs and ugrees to pay promptly when due the p~incipa! and
int~rnsl an~ ol~iPr s~ima o~ mone~y provi~Je~I ~or tn saic, note a~d Ihis morlgage, or eithor; fo pay a~~ and
slnQulpr the IQ.CPS, assessm~nts, IPI~IPS, lia6ilili~s. obligalions, and encumbrances oJ every nalure on said pro-
perfy: fo ~rmil. rommif o~ su~fer rto u~asfe, impctirmenf or deferioralion o( sai~ ~ant~ or Ihe imp?ovemenl~
1{~errcn at any fim~; to ~PPP (ItP I~e~il~Iin~s nou~ or hn?ro(ter on s~id land ~ully inswrd in a sum oJ not Iess
than maximum insurable value
in a company or companirs ncc~pta~,~e lo fhe mo?tgaflee, 1{~e po~icy or po~icies !o ~,e held ~y, and poyable
lo, saicl moHgage~, an~ in thc• enent m~y sum oj mon~y bpcomes payabfe by virtue o~ suc% insurance the
mortgngep sf~all ~ave the rigl~t !u ~M'PlVP and apply the same b the ~ndebtedness hereby secured, accoanting
fo f~e morfflnryor ~or any surpjus; lo pay al~ costs, chanpes, artc~ expenses, ireclucjeng ~awyer~s ~e~es onc~ lil~e
searc~es, reasonably incurrr~ or paic~ ~y fhe mortgaQPe because o~ 1{~e ~ai~ure o( 1{~e mortgagor fo prompt~y
anc~ f
u~ly comp~y u~it~e ftie agreernents, slipu~afions, rnnditions und cove~ants oJ saic~ nole ane~ l~is mortgage.
or eifher; lo per~orm, comp~y u~ith and u6ide 6y each an~ enery the agreemenfs, slipu~cttions, rn~ditions anc~
rovenanls set f orlh in said note and ~kis mo?tgage or either. In the event the morigagor /nils to pay when
due any tax, assessment, insurance premium or other sum o/ money pnya6le 6y virtue o~ said note and tF~is
mortgage, or eifher, fhe mortgagee mcy pay the same, wilhout-waiving or a!(ecfing f/~e opfion to jo~ec~ose
or any other ripht herPUnder, und all such payments sl~all 6ea~ interest from date thereo( at Il~e ~igl~est [aw-
(ul rafe then allowecl 6y Il~e ~aa~s o) tl~e Stafe o( F~oritla.
~l any sum o~ mon~y he~ein re(ene~ io be not prompt~y paid wifhin 3~ days next a~te~
1hp samp 6pcomes due, or i j each and every Ihe agreements, stepulations, condiltons and coi~enants o( snid
note and this mo?~ga~e, o~ eitl~er, are not ju[Iy per~ormed, complied with and a6id~d by, then ll~e entire
sum mentioned in said note: and l6is mortgage, or the entire balance unpaid thereon, shall jorthwifl~ or
tl~erea jter, at Ihe option o( the mortgagep. 6ecome and be clue and payable, anything in said note or l~erein
fo f~e con[rary nofu~iihstancrirtg. ~ni~ure 6y rhe mortgagee !o exercise any of lhe iig~fs or options herein
pronidcd s/~oU not consfifufe a u~~it~er oj any rt,q{~fs or op/ions under sai~ nofe or I~is mortgage accruec~ or
f~erea~t~r accruing.
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Dn ~1L1l~ ~herenf~ f{~e saic~ rnortga,qor 6as hereunto si,qnpcl nnd sealecl tl?ese presents Ihe
~ay Q~ec~ y~ar Jirsl atioi~e u~rifleit.
Signec~. SPqIP(~ ant~ t~e~i~+erec~ i \ presencp ,
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- -...._/.:.-~:L::~~'E--~._~--•-~:,4=t.Cif:."1----•-•----~----••-.-
~ Frank Crain
,r~~« ~ ~ ~ % . .
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- - '~p-~,o~C~u~ ~~j-'-._..--------------------------~
- -Dorotti C~a~i
Y
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STATE OF FLORIDA, )
CnU\TY OF St. Lucie i
I HEREBY CERTIFV that on this day, be(orc me~ an
offic~r duh• authorized in the Stat~ ator~said and in thr County aforesaid to tak~ acknowledgments, personally appearcd
FRANK CRAIN and DOROTHY CRAIN, his wife
to m~ known to be- the penon S descrilxd in and who eaecuted the for~qoinq instrument and they acknowkdged
Ixfor~ me that thEy cxccuted the same.
~~'IINESS my hand and o(ficial seal in thc County and Stat~~ last aforesaid this /6~ day of
August n. ~s 72
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Not Public, State of Fla. att;~,_ q~
My Cammission expires ~.,~'z ~ ~ ~ ~ ' ~ j'.,~
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FIlEO ANU rECCKJED - , ~ ~
ST.IilCIE ~OUt~Ty flA. ~ J . .
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