HomeMy WebLinkAbout4007 and sliall p~rJorm. ~ omp~y u,ilh nuc~ ~~,ide by e~ach a?uI eoery t~e a(~repmenls. slipu~atiuns. conditions and
co~~enanls t1~~?c~uJ. and oj Ihis morf~la~1~'. Ilu~n Iliis morlgaf~e and the estafe hereby crealetr, shaU cease. t~e-
fprmine an~ ~i~ nu~~ un~~ ~•oi~~.
~n~ f~~r morlyn~tor ~uv~•hy ~url~~er cui~enanls aitcl agrees fo paY promptly when clue Ihe p~incipo~ ant~
internsl an~ ol~uv sums o~ mon~~y pro~~i~~v~ (or in sa~~~ nofe and I~is morlgage. or eifher, to pay a~~ ond
sin~u~ar !hp la.~rs. as.i~ssm~~nl.. ~~virs. ~ia~~ilili~s. oh~i{~alions. an~ encum~~rnnces oJ every nnlure on said pro-
~Pf~y: ~O permif. ~~ummil O~ sujj~~r 110 tl'G~1/', lI11pA1?O1P/1! U~ I~P~P/lUfa1lU11 uf auia~ iu~iai 3i ~~r' iTi~j3:3G~~+:c':::3
Ih~•rn~~n nt au~ timc~: fo ~r~~p th~~ I>ui~~lings r~o~o or lier~~a(t~r on sni~I ~und f ully insumd in a sum of ~ol less
~h~?~ hiqheat insurable value
in a i~ompany or ~•umpanii•. ui•r~~ph~~?~~• fo 1~~P mor?c~a~~e~~. f~~e {w~icy or po~ic•ies to ~~e ~~e~t~ {~y. and paya6le
to, saic~ morlc~a~~ei~, an~I in I~i~ ~~~~nl anv sum of mon~y ~ecomes pavah~e ~y i~iriue oj such insurance f~e
mortgagee sha11 lia~~e Il~e ?i~~ht lu r~cvii•~ and app~y llie same to Ihe indehtednPSS I~erel?y secured, aceounting
to t~~e morfgnnor ~or any surp~u~: fo ~~ay a~~ i•osls. ~•~~arpes. anc~ ~xp~+~sPS. inc~uc~inR ~awyer~s fees and lil~e
sparc~~~s. r~nsonu{~~y iui•urrer~ ur pai~ E~p t~ie rt~ortc~ac~~e tipcnuse o~ Ihn ~ai~urp o~ Itie morf{~aflor to prompf~y 1
~ ancl Ju~~y comp~y u~ifh the a~ir~~•mi•~~Is, slipu~aiions, con~ilions anc~ covenanls o~ saic~ note nnc~ this morlgage,
or ~ifF~er: to p~r~orm, romplp ~ri111 Gtl~ A~?i~1e~ hy each an~l ~nPry Il~e Q~~PPMPII~S, stipu~ations, conc~ifions and
covPnnnfs sef Jorfh in sai~ nof~~ un~ this morffls~e or eilher. /n IIIP PPPR~ IIIP morfgagor ~ai~s to pay when
t~ue any lax, assessmrnl, insura?u•e~ prnmium or other sum oj mo?~ev ?xiyab~e hy i~irh~e o( saicl nofe an~ this
mort~nge. or ~~if~~vr, i~~e morl~tn~~~~~ may pa~ 1{~e same, irifhoul u~nie~ing or a~j~cfing the opfion to ~orec~ose
or any olher ri~~l~t her~urde~r, m~d all such paymenfs sF~all 6Par intprps~ Jrom datp thereof at fhe highes' law-
(u~ rale I~~en a~~o~ve~~ ~,y I~u• ~au~s oj t{~~ ~late o~ /'~oric~a.
~rt
any sum o~ mo?~~•v ~u~rNiu rt~iPrrr~~ lo ~~e not prompfly pai~ within 3~ days next ojter
1{~~ sumP 6e~om~s ~1u~, or il earle nn.1 r~•ery lli~ a~reemPr~ls, stipulafions, con~Iifions and coi~enants o~ said
notp an~ this morl4aS1~. ur ~ithi~r, nrp ~~ol Jully perJormed, complied wiil~ and a6~dpd 6y, then the entire
sum mentioned in saicl not~•, and t{~is morf~~age, or thP entire 6a~ance unpaid therNOn, shnll )o~hu~~~h or
!{~ereajter, at t~~e opfian o~ f~~e mortqaq~~. F~~ome anc~ {~e dup a.~d paya6lp, nnyfhing in saic~ note or tierein
to I~e contran notu~it{~slan~in~. /'ui~urr ~?y I~ie morfgagee to exercise a~y o~ the righfs or options ~erein
pro~~i~let~ stia~~ nof conslitul~ a u~air~~r o( n?ry righfs or options ~uic~er saic~ note or fhis morfgage accruec~ or
1{~erpajfer accruin~. +
~n ~itness ~hereof~ ~h~~ >~id moriga~~or has I~vrPa~nfo sign~d and sra~ed tl~ese presenis 1he
~~ay an~ y~nr ~irs1 aho~~e ri
$ig?tec~. ~ ~e~ a ~i~~ in 1{~J ~,n~.rncf• o~:
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~ EVelyn sel ~
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STATE OF FLORIDA, ~
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~ COL'tiTY OFST. IACIE
I HEREBY CERTIFY that on this day, before me, an
officer duly authoriaed in the State aforesaid and in the County aforesaid to tak~ acknowledqments, p~rsonally appeared
~ GaO~E F. BEtZSEL, II and EVELYN BIIISBL, his wife
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to mo known to be thr p~•rson gtescr,bed in and who eze~•uted the (or~¢omq instrument and {~1@y acknowledged
~ b~(ore me that ~'le]? ex~cuted thr same.
~ N'I7 i~ESS -my hand and official sral in thc Cc~unh~ and Statc last aforcsaid this /;9~1j: day of
c J
~ , p~cesber, D. 19 72 . ~ ! ~
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FILEO A'+C~ gfCOr~0E0 Rottly PubGc. Sta+e ot FlmiAa at LKa
" ' i ST. LUCIE COUNTY FIA. ~ My ~pmmiss;on Eap~res Sop2. 1, 197~'
~n ' : - ROG~R P~~ITRAS •
lt i; 'L1G = CLEfiK C1a;,~IT COURt
fi;~ R~l;n~~ YE=.~;_~p
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1 Walter E. Davis
~I/1S I)LHflNllf!// /f lIl[! THIS IN9TRUME~VT PRE~'SRFD F.YnP n~ FlA
P fu Aesr~ACT ~ i-rr ~ co.
r~`~`~~~ 2C5 5. tP.O ST. FORT P+~~2GE. FLOR~DA
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