HomeMy WebLinkAbout2874 nnd sliall J~erfarm, coniJ~G~ tritli urul uGidc Li~ ruc•I~ un~l e~cc•r~ N~c u~rrenic?ils, stipulutio~u. CPrt(IIfFO11S and
coueru~nts N~creo/, an~l o~ tliis rnort~;utic, d~Er~ N~is ?,~arl~u~;c u~~~! tl,c csfutc )~crE>Lq c~reutcd, shall cease, de-
termine and be null arul coid. ~
~ the mort~n~ar 1~ereby furtl~er cooena~ts uud n~;rres to ~xtt/ protnptl~ u•lren due tlie YrtnciJwl a?id
interest antl other stt?ns o/ moncr/ provided /or ilt said riate anrl this urorftia~e, ar eill~er; to J~ay all and
sin~;ular the taxes, assessnrc~its, Iceics, liabiliJics, obli~utio~u, ua~~l enr~unbrnnces o/ ece~y nature on suid Nrop-
erf~; !o permil. comn~it or s~ijfer no ei~aste, imJxrir~?ient or ~Ieferiarulion of said lun~i or N~e improvements
tl~ereon at any tirne; to kee~~ d~e buildintis noic or hereu(ter an snul lan~l /ulli~ i?uured in a ssrni of not less
than ~
in a com~~ony or com~xrnies nccr~~tuble b the rnort~u~;ee., the ~~olic~~ or J~olicies to be held G~~, and Jw~~al~le
to, said mortga~ee, a~i[l trt tl~e ecent any sY~u: o~ n~one~J beca?nes ~wyaLle l,y virlue of sucl~ iiuyirunce i1~e
mortgo~;ee shall hace tl~e ri~)~t to recei~e u?id nppl~~ the snme to the indeL~ed?iess hereGy secured, accour~tin~;
to t1~e mort~a~or for an~~ sur~~l~~.s; fo pay al~ costs, chvr~es, urid ex~~e?ues, rnclr~din~; Iaicr~er's fees pnd title
searches, reasonal~?y i~icttrred or ~xtid br/ the »iort~a~ee l~ccuuse o/ the /ailure af tlre n~ortga~;or to promptly
aral fullr~ conrplr~ eiith the a~;reen~ents, stipulatio?u, conclitrans nnd couenants of sai~l note and i1~is mortga~e,
or eitber; to per%rn~, com~~G~ ~cit?e a~ul a~~ide b~~ cuc?i ur~d ecery tlie ~~reements, stipulatio~~.s, co?ulit~o~u and
couennnts set forfl~ in soul note aru! thu mort~;u~;e or eitl~er. In t1?e evcnt the mort~ugor fails fo jwy irlien
due an~~ tu.r, assessment, insurance premium or otl~er s~uri oj n~onci~ Jxiyable t~y uirtue of sr~id note and t?~is
mort~a~;e, or eitlter, tl~e mort~;a~ee ntm/ ~~ay the same, iciN~out irnioin~; or aeectin~; the option to forec~ose
or an~ otlier ri~ht 1~ereuruler, u?ul oll sucG Jw~pnents sl~a!! Gear interest fron~ date tlicreof ae ihe 1~i~hest la~c-
~uI rate then alloic:ed by the la~cs of the State o/ Floreda.
any sum of rnoney l~erein referred to be not prom~~tly ~xrid ~ci(hin tl~rty da~/s next aftcr
tl~e snme becomes due., or i/ eacl~ Qnd eaer~ Nte a~;reen~ents, s~ipulatro~~.s, corulftio~~.s arul covenrtnts of said
note and (l~is mort;~a~e, or either, are not fullJ ~~erfornred, complierl :citli arut abicled b~, then the eniire
sunt mentiorted rn suicl ?tote, antl thu »rort~uge, or the entire balancc un~witl tl~ereon, s1~a11 forihtcitl~ or
tliereajte~, at t)re o»tion o~ tl?e mortgahee, become unrl !~e due arut ~wyable, an~ihing in snict note ar herein
to the contrnr~/ noticiN~stan~lin~;. Failure !,J tl~e mort~;u~ee to exercise nny o/ the ri~lets or options herein ~
prouulect shull not constih~te a iraiusr of an~ ri~;)~ts'or optior~.s t~ntler said note or tliis mortgage accn~ed or
tl~erea
f ter acen~ing.
~n ~itness ~hereof~ rhe said- mortha~or l~as hereunto si~;?icd and sealed tliese presents tlie
day and year first abovc ~critten.
Signed, se~led and delioered in the presence of:
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STATE OF FLORID~1, ~
coU~~n' oF St. Lucie
I HEREBY CERTIFl' that on this da~•, Imfore mc, an
' ofTtmr dul~• a+dh~~ri-r.c~l en t}x~ Statc afurc~.aid and in th~ Gwnt~• afuresaid to takc acknu~clcdgmcntc, prrwnall~• appcareJ
Harding Rhyant and Evelyn T, Rhyant, his wife
I tu nu• kn~~~~ n h~ Ir~ th~• ~H•ra~u S~I~~:cril~•J in aud IN~ ~rti•~1 t6~• furrCuinc imtrumc•nt an~l they :tt'I:pU~~'~E't~~,tY~
; Ix•f~~«• il~:~~ they ~•~,Y~~~~•~I ~h~•
` \\'1"T\1':titi u~v h:~nd :u~~l ufli~ i:~l .~~.~1 in thi• G~nnh :uul Sl:ite• l:t.t at~~n•>:uil t6i, 3 1 St da}- of
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' August a. n. l~) 72 ~
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