HomeMy WebLinkAbout1188 and shall pcrforrn. co?f~plr~ ti~itl~ u?ul uLide b~~ rach un~l ~•cc•r~ N~c u~~rrc~i~u~uts, stiJ~ulations. conditio~u and
covenants tl~ereof, anrl o/ Ihis morttiutic, Ihen ~1~is rnurt~u~;c u?id ll~c ~~stut~~ l~creby ~•rcnted, s1~a11 cease, de-
termine an~1 Ge nult and coid.
~ f1~e mortga~;or lierel~y /urtl~er couenan~s a?ul u~;rres to ~wy ~~romptl~ ~clien due ihe pri?lcipal and
interest and otl~cr sttms of n~one~ proui~led for in said nole und N~is »~art~nge, or either, to ~w,y al! and
singular tlie taxes, assessrne?its, Iecres, liuLilities, obli~ulio?u, und euc~~unLrances o/ euer~/ rwlure o?i said j~ro~-
erty; to perntit, comrnit or su8er no ic~~.ste, iinJxiirnient or deleriaralion o/ snici l~nd or the improuements
t)~erean ot nny time; to keep t1~e Luilclin~s noic or 1~ereu/ter on saiil lan~l full~~ i?~.sured in a sum of not less
than SEVEN THOUSAND AND NOI100
in a comJ~an~~ or con~panies acceptable to the r»Ort~;a~CC, tl~e ~~olicy or ~~olicies to be l,eld bq, and ~x~yable
to, suid niortgngee, and in the ecerit un~~ s~~»~ o/ 1710~1C1~ I)CCP!)1CS ~wynble br/ virh~e af strrl~ i~uurancc tlie
mortga~ee shal! hnce tl~e ri~l?t to receice and ap~~l~~ the sanie fo the indeLtedriess l~ereb~ secured, accounting
to tl~e mort~;u~;or for onr/ sur~~lus; to ~x~y ull costs, cl~urres, ~~nd e.r~~er~.ses, includin~ lau~~~er's fees ancl tit?e
searches, ~easonably incurred or J~id bij the mort;~a~;ee Gecuuse of tl~e /aelure of the mortga~or b Nromptly
arul fully com>>h~ ~citli the atireements, stipulatio~~.s, conclitior~s an~l cocena~~ts o/ said note arul this mort~age,
or eitl~er; to ~~er/orrn, compl~/ u~itl~ a?u! abule bi/ euch und eceri~ ehe u~recments, stipulations, co~ulitions and
covenants set forth in saic! note a~ul thes moit~;~~~;e or cit?rer. In fhe eucnt ll~e n~orfga~or fails to pnt/ u1~en
due any tax, assessment, insurni~ce premium or otl~er su?~~ of money Jw~~nl,le ~~y oirtue of said note a~u~ tl~is
mort~;age, or eitl~er, tlie mort~a~ee rnu~/ Jw~/ the same, ~cithout ~ruiuin~; or aeectin~ t1~e oJ~tion to foreclose
or any other ri~ht heretuuler, a?ul nIl sucl~ ~xryments slrall beur inlerest from date thereof at t1~e he~l~est la~c-
ful rate tlien allo~cecl 1~~~ the la~cs of ihe Sta~e of Florida.
nny suni of money liercin re~erred fo 6e not prornpNy pui~l ~c•itl~in 30 days i~exl a/ter
the same becomes d~~e, or if each and everJ t1~e a~reements, sti~~ulatior~s, conditions a?ul couenants of sai~l
note and N~is mort~;a~e, or eitl~er, are not /t~lltJ J~erforrned, complied icith a?ul abicleci by, tlien the entire
.s~un mentioned in said note, and this mort~;age, or tl~e entire l~ala?ice uniwul thereon, sltall forthtcitl~ or
ihereafter, at N~e option o/ the mortga~;ee, become and Ue due a?ul J~ayaLle, an~thing in said note or herein
fo tl~e contran/ not~cithstanclin~. Failure b~ N~e mort;~a~;ee to exercise nm/ of tlie rights or options herein
~~rooided shull not constihde u u•uiver of any ritilits or optior~.s uncler said note, or thu mortgage accn~ed or
therea~ter accn~ing.
~n ~~~~s ~hereof~ the snid mort~a~;or l~as I~ereunto si~;ned and sealed these presents ihe
day arul year first aboue ~critten.
Signed, sealed and rleliuered in tl~e ~~resence of: ~ ~ -
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STATE OF FLORIDA, )
CoU\TT oF St. Lucie ~
I HEREBY CERTIFI' that on this day, Ixfore me, an
ofTi~rr didy a~dFa~rizcd in tlx• St:~te afurc.aid and in the County aforryaid to take ackno~~•ledgment., ix~rwnally appeared
William Frank Stegkemper and Peggy Stegkemper, his wife
tu nu• kia~~~u t~? IK• thi• ~x~rumg d~•.crilk•d in au~l ~~IN~ i•~iruti~~l tl~i• fun•L'uiul' in.tnun~•nt and t]'le~l :~ckuo~~•It~clktrl
hi~fort• mi• th:it ~ey ~•~~Y•nte~l tln~ .:uiK•.
l1'I"1'\F.titi ui~- h:uul an~l ~~Ifici:d ~~•:tl in tho Cunu~~ uuil tit:d~• la~t :~t~~rc>aid t6ic 19t~'1. day of
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October is~ 72 ~ u ~ d ~ i~'~~
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