HomeMy WebLinkAbout0317 an~[ shall p~rjorm. ~~mply u~il1? and abide bp c~ach Qllf~ PDP~y (he a~?eemenls, stipulatio?is, conditions and
carenanls ~her~f, ~nd oj tl~is morfc~ac~e, IhPn I~~is morl~a~e and fhe es~ate hereby ~rpatc~cl, sfeal! CPOSP, de-
lermin~ nncl ~?e ?~ull an~ roi~~.
IZn~ f/~t• mortc~a,ryor ~~emby ~urt/~er cot~~nants a~ur a~rees to pay prorrtptly wfeen ~Iue f{~e p~incipal ond
infe~~~s! anc~ oflie~ sums o( mo~e~y provi~c~c1 Jor Fn saic~ nole and t~es morlgage, or eiltier: to pay a~~ and
sin~ulnr Ilie ~~x~s, ass~ssm~nls, let~ies, lia6ilifi~s, o6li~afions. and encum6rances o) eaery nature on sQid pro-
~ perly; to permif. comrreit or sei~JPr no u~asf~, impairmenl or c~eferiorotion o~ said ~and or 1{~e improveme~fs ~
f~u•rnon nl ~ny limr: to R~~~~ 1~~~ {>ui~t~in~s nou, or ~~ernaJl~r on saicr ~an~ ~u~~y insure~ in a sum o~ not ~ess
ih~n maximum insurable value
in a company or i~ompani~s AfCPj)~pl~~e fo f~~~ mortQaf~ee, I~ie po~icy or po~irins to Ere ~e~c~ ~y, and payable
fo, saic~ moHqa~e~, anc~ in Ihe evenl nny sum oJ money 6ecomes payab~e ~y virlue o~ such insurance 1/~e
morf~ac~Pp shal~ hai~e fl~e ri~ht fo rc~c~eii~~ and apply II~e. same fa tl~e intleFitedness F~ere~iy secured, accounting
fo t~~~ morfya~or Jor any surp(us; fo pay alj cosfs, cf~a?ges, anc~ expenses, including ~awyer~s fPPS ar+c~ fit~e
searcl~~s, r~~sona~~jy incurret~ or paic~ ~~y I~~e morfgngee hecause oJ f~e Jaijure o( l{~e mo~lgapor fo prompt~y
an~ ~urr,~ comply ioith t~ie agreem~ufs, stipu~aNons, cortclifio?~s an~I cooenants oj sai~ noie nntl Ihis mortgage,
or eill~er; fo per~orm, c-ompty tvit~t arn~ n~~i~~e by eat-h and ei~ery 1~ie ng~eemenls. stipu~ations, rnnc~ifions and
cot~~r~anfs spt ~ort~~ +n sai~ nole anc~ itiis mortgage or either. ~n the c~uent fhe morfgagor ~ai(s to pay when
due any In.r, ass~ssment, insurance premium or ofF~er sum o~ mo~ey payn6le 6y i~irtue o( sait~ note anc~ Itiis
mortgage, or ~it~~er, t~~e morigag~~ may pay the same, wif{~ouf waiving or aJ~ectinc~ ftie opfion lo Joreclose
or any olher rinl~t I~prpunc~~r, nnd a~l stirh payments shall 6ear interest ~rom clate thereof at t1~e 6igF~est ~au~- .
(u~ rate tl~~n nAotve~I I~y il~~ lau~s o( the Statn o~ Florida.
~L any sum u( mon~y I~Prc~in re~prrptl 1o he not prompt~y paid within 3~ c~nys nexf aJter
tl~~ somP b~comes du~, or iJ eac~ and ~~~ery fhe a~reemenls, stipu~alions, ronditions and conenants o( saic~
note and this morlc~a~e, or either, are not f ully perjormed, rnmplied u~itF~ and ab~ded by, il~en !he entire
sum mentioned in said not~, and this mortgage, or the entire balance unpaic~ thereon, sl~all ~orthwilh or
tl~ereaJter, al th~ oplion oJ elie mort~ar~ee, 6ecome and bp dup and payab[e. «nything in said note or hereirt
fo t~ie contrary nohnit~slan~ing. f'ailurP ~y t~e morfpagee fo exercise any oj fhe rigtits or optiona {~erein
prori~c~{ s~a~~ not constilu(e a u~ai~~er oj nny ri~~fs or opfions «ncler sai~ notp or t~is morfgage accrue~ or
IJ~erea~l~r arcn~in,ry.
~n ~itness ~hereof~ tl~o snid mortgnc~or 1~~s IiprP~inlo sic~nP~I and spaled fl~ese presents the
~~ay anc~ y~ar first a~~o~~e u~riftprt.
Signe~(.~sea~~d an~l ~IP~in~r~~ i i tli~ pr~s~ncp of :
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R. Dou as allard
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S -ara ~~A~~ ~-5~a "a :
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STATE OF FLORiDA, )
coc~'rv c~F ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, an
officer duly authorized in the Stat~ aforesaid and in the Count~• a(oresaid to tak~ acknowltdqmenu, penonally appearrd
R. Douglas Stallard and Barbara A. Stallard, his wife,
to m~- known to tN th~ person Sdescribed in and who eaecuted th~ (or~qoinq instrument and they acknowledged
befor~• me that they ~x~cuted the sam~.
~~'I~'~ESS my hand and ofEicial seal in thi~ (:ouot}• and Stat~• last afor~said this 23rd day of
AuguSt :1. D. 19 72 ,
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Notary Public, St te of Fla. at Large
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' ~ My Coirnnission expires: ~
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1%iis l~ic/miiu•~d pr~ J~rti«/ ~3'~ Jr~O
B~~~t~6 318
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