HomeMy WebLinkAbout1569 . ' . r.aa...~..•u, .sa• ~~~a~~svlw~ aV~Ili~~lV/F] GII!{
cocenants tl~ereo/, 411[I Of IINt ~?iort~Q~(', ~hcn N~RC r~iort;,~a~;c ui~d tlu• rstrrti• hc•rc•hi~ ~rentcd, sltail cease, de-
termine and l,e null arul coid. ~
~ the ntott~a;;or liereb~~ furtl~er cocenunls and u~;rees to ~wy ~,rolnptly u~l~en due t1?e pri~icipal and
interest nnd othcr sums of ?~~ouc~ proui~led /or ir~ said notc nrul l1~is mort;~n~~e, or eitl~er, to ~~ay all and
sin;~ular the taxcs, asscssu~cr~ts, Iccics, liubilitic~r, OI)II~UI1014S, ~n~d cnc~u~il,runccs of c~cry ~wt~~rc on suid prop-
erty; to pern~il, ca»»iit or suQer no ~raste, impuirment ar~Iclerioratian of sui~l lun~t or N~e iniNro~ments
d~ereon at nny time; to keep the bui/din~s notc or hereu/ter at said land /ully i~uurcd in a surn of nof less
than FORTY-FIVE THOUSAND AND NO/100
in a compnny or com~~nnies ucceptal~le to the mort~;aree, tlie ~x~?icy or ~~oltcies to l~e 1~eld l~t~, and pa~~able
to, sai~1 mort~;atiee, an~l in the eccnt uny sun~ o~ n~ane~~ Gecon~es J,uyable Lr~ virtuc of sti~c1~ iiuunince ihe
mortga~ee s1~a11 ltace t1~e ri~;l~t to receice nncl a~>~~?r~ the sume to the iride~,ted?iess lierebJ sec~~red, accountin~
to Nie n~ort~a;~or for nny surph~s; to ~xiy a!1 costs, ch~ir~;es, und c~r~x~4ses, incl~~din~ luu~~~er's fees nnd title
searcl~es, ieasonably encttrred or Jxtid I~~J N~e mo~t~;a~;ec bc~n~~s~e aj N~e. fui?ure of tlie mortga~or to promptl~~
an~l fu11~~ compG/ ~cifls ihe u~;reements, stip~~l~tio?~.1, conditia~.s and ~•acenunts of suir! ~wte aul d~u mort~a~;e,
or either; to ~~er/onn, cornpl~~ ~riN~ cnul al,ide by euch and c~cer~~ the u~;reements, stipulatio?u, conditio?u and
coce~urnts set fortl~ in suid note arul N~is 1110T~~1lr;P. or eiNicr. In N~e eucnt the ~nort~ugor fnils b~xty uhen
due uny ta.r, assessment, ir~.surance premium or odier sum o/ money Juu~nl,le b~~ u:rt~~e o/ said note ancl thu
mort~ahe, or eitlter, tl~e niort~ahee maq ~wy the san~e, ~~ithout icaiuinti or a(fectin~ tl~e optio~~ to foreclose
or an~ other ri~;/~t I~ereuruler, anc! all sucl~ ~wy?nents sh~ll Leur interest (rom dnte tl~ereof at d~e hiKAcst lo~c-
ful rate then allo~ced by the laecs of the State of Florida.
~l any sum o/ monei/ l~ercin re%rrec! to be not prompN~/ Jwid ~cithin 30 days next after
the same l,ecomes due, or if each anrl eoen~ N~e ahreements, sti~~ulutioru, cau/itions and covenants of said
~iote arul tl~is rnort~n~e, or either, are not JuUJ ~~er~onncd, complierl u~ith arul abidecl btJ, then the entire
sum mcntio?ied in surd ~wte, arut this mort~;age, or i1~c entire Loluncc anrwul thereon, shall fortl,u:ith or
tl~erea/ter, nt tl?e ol~tion o~ tlie »iort~a~ee, ~ecome and be clue n~ul ~w~fal,le, m~rJNiing in said note or )~erein
to the contran/ ?totu-itlistandin~;. FaiG~re 1~~ the mort~a~;ee to e.rercise anq of d~e ri~hts or options h~r'ein
prouided shall not co?~.stitute n uoicer of an~ rights or oJ~tio?u trnder ~said note or this mortgage accnied or
tl~ereaftcr accniin~.
~n ~itness. ~hereof~ die said rnorttic~~or has liereunto si~;ned and sealed tl~ese presents i1~e
ela~~ arul year ~irst above ~rritte~i.
Si~ned, sealec! and delicered in the presence o/:
. -7 .
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STATE OF FLORID:1, ~ ~
CoU~'['Y oF St. Lucie ~
I HEREBY CERTiFY that on this da}•, befom ~ne, an ~
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~ officer duly autl~ori7ed in the State aforecai~l and in the Cw~unt}• aforesaid to take ackno~riedgmentc, ~ru~nally'appraretil 4
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Douglas E. IVlullins, joined byl-is wife Edith G. Mullins ~
tu u~r k~Hi~~ n t~~ la• th~• {x•r.~~n g de~~crilx•d in an~l In~ uti•il th~• I~~n~,~~in~ in.tnm~<•nt auil they :ICI:INI\\'IPdKi~cl <
Ixd~~m nu~ tL:it they r~~•i•nt~•d thi• ..iu~~~. ~
\~'1~1'\H:titi m~ h:~n~l :tn~l ntlici:il k:?1 in fh~• Cunnta :iml tihdr I:?.t af~rcrR:?id thi. 22nd, day of ~
November a. i`? 72 _ ;
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NOTARY PU3tIC ~TATE OF FLORiDA AT
~ MY Cu. ~~rirtES :~cv. 12, 2978
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