HomeMy WebLinkAbout1290 and s)ial~ ~~erfornr, conrpli~ icith u?u! aLrde Li~ ~~rcli a~id ec;cr~ dic u~~~c» ~r~its, stipulatiau, conditio?u and #
co~ena~tts therco , and o lhis »>ort ?u~~e, then /~115 )ppl'l~'~~~ $
~ t ~ ti ~e un~! tGe cstute hereb~~ ~reated, sliall cease, de- i
termine and be null aru! void. ~
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~ the »iort~aror 1?ereby furtl~er coceiiants aul agrces to Jw~ pranpNl t~:Aen due the Nriiicipal arul ~
interest and otl~cr n~ms of mone~ proui~led~ for in sai~! note a?ul this »iort~age, or eitl~er, to Nay all urul ~
sin~ular the ta.res, ~ssessn~ents, leoics, 1iaLilitics, obli~atio?u, nud e?~cum6r~mces o/ euery iwture on suul prop-
erty; !o perrnit, commit or s-~~~er no uuste, inqwirrnent or cle~eriorution o/ said land or tl~e improuements
tl~ereon at a~iy time; to keep tl~e Lt~ildin~s no~c or hereu/ter on said land fully i~uurcd in a sum of not less
ilian ~ ~
in a com~wn~~ or com~~anies acceptaLle to the mort~a~ee, die polrcy or ~wlrcies to Le )reld I~r~, ar:d Jwr~able ~
io, said rnortgagee, and in the event ar:y sYV~i of nror~r~ beconres ~wt~able Gi~ oirlue af s~~cl~ i~u~~rance ihe ~
mortgagee shQll har~e the right to receiee and aJ~ph~ t)~e sar»e to the inrlebterlness l~ereG~ secured, accounting i
to tl~e mortgagor for anr/ surpl~~.s; to ~~ay all costs, chur~;es, a?ul exNe».ses, includinti laic~/er's fees niul title i
searches, reasonablJ incurred or Jxred by !)te mort~atiee I,ecause of tht failure of il~e mortga~or to prom~tly ~
a?ul fidlr~ compl~~ icith N~e ngreements, sti~~ulatio~~.s, conditiorts and coeenmits of saul ~wte urul N~is mortgage, ~
or eid~er; to per~orm, eomply ~citi~ anct a6ide l~y euch anrl ecsri/ the ugreenients, stipulatio?u, conclitioru ancl ~
covenants set fortl~ in saul note a?u/ t/~is mort~age or eit/~er. In flie euent d~e mortgugor f~ils fo }~ay ichen
~lue any tar, assessment, iruurance Nremie~m or otl?er sum o/ moncy Jwi/able Ly virtue of said note a?ul this
mortga~e, or either, the mortganee may ~wy tl?e same, icitlroert ecaioir~~; or aBectrng the optio» to foreclose
or any other ri~;ht l~eretrruler, arul all se~cil Jwyme»ts s/iall bear interest from date thereof at ihe hi~l~est la~c-
ful rate tl~en alloued b~ tlie lac~;s of tlie State of Florirla. - ~
aru~ surn of nroner~ herein r%rred to be not ~~romptG~ Jwrd icid~in thirty days next afier
t)re sanre beco»ies ~li~e, or i~ eacl~ on~l e~ery the agree~i~er~ts, stiNi~latio?u, corulitions arul co~enants of sai~t
i~ote und tl?is mort~a~e, or either, are not fulltJ J~erformed, complied ~cith arul abided v~, then the entire
sum mentioned in snicl ?wte, antl t/~is mortgage, or the entire balonee tuitwitl thereon, sl~all forth~citl~ or ~
fhereafter, at tl~e option o~ the mortgagee, I~ecome and ~e due arul Jw~~nl,le, an~thing in said nate or )ierein
~o the contran~ notecitl~stan~ling. Failure b~ the mort~;ahee to exercise ant/ of tl~e ri~hts or options lierein
prouided shull not coi~.stitute a uaiver of ony ri;;hts or optioiu uncler saul note or ihis mortgage accrued or
tliereafter accruing.
~n ~itness ~hereof~ ihe said mortga~or I~as hereunto si~;ncd and sealed these presents the ~
clay a?ul yenr first above ~critten. ~
Signetl, s~uled and delivered i~ he presence of:
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STATE OF FLORIDA, ~
COUI~TT OF St. Lucie ~
' I HEREB~ CERTIFY that on this day, before me, an ~
oH'icer duly~ autlx~rized in thc: State afurr.aid and in the G~unq~ aforesaid to take acknow•ledgmentc, pe~wnally appeared g
L. W, and Pearl Adams ~
to u~~• kno« n tu Ix• thi~ ~x•ram S~!~•.u•rilx•il in a~~~l n IH~ ~•~w~nti•il dN• inn•~uiut, imtrnmi•nt :u~d they :~ck~N~~~•ledRc~l ~
ixduri• u?i~ tl~:~c they ~•uY•i~tcKl thr .:un~•. ~
\t'I~'\Etiti ui}• hand :md nffici:J u•:d in thc• Cunniy :~ncl St:~tr la.t :Jurc.vd d~is 15th day of ~
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September 72 ~
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.~~h-~~ P~-'~I~r Cfa~~• .~f hl~nne etT.a"~e ~ ~
FItEO A1tD RECOROEp ~ J ~
St.lUC1E COUNT~ flA. ~ L,r.~.: . r ia~cian~~Com~an~ ~ `
ROC_C POiTRAS
CLER1~ CIRCWT COURt~ ~~y ~LU.::_., i~~n i.:~~,i~.: !'.ur. ],~73 . .
RECt1R0 VEF.~FIE~~...~.~.~ ~ ;
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