HomeMy WebLinkAbout5749 and shaU p~?~orm, romply u~i1h ond nbide 6y earh and eve?y the agreemenls, atjpu~ationi, condltions and
coi~enanfs thereo~. ~nd o~ Ihis mortga~~e, then ll~is morfgagr and thp eatate ke.~6y crented, al?all cease, de-
fprmine ant~ ~~e nu~~ ant~ i•oi~.
ItiP mort{~a~~or ~~~n•~,y f urlher covenanfs and agrees to pay prompl~y when due Ihe principal nnd
inleresl an~ of~~e~ sums oJ mouey proi~i~e~ ~or i?? saicr note and tht~ morfgage, ar either; to pay a~~ nnc~
sin~ular t1~e Iaxps, ass~ssments, l~vies, lin6ililies, ubli~alions. and enn~m6?nnces o( every nalure on suid pro- ~
periy: fo permif. commit or surrer no toasf~, impairment or c~elerioralion oj sai~ ~and or the improvemenla ;
Ih~rnrn nt an~ time; lo IrF~p fhe 6uildin,ys now or hereaf I~r on said Innd (ul~y insurec~ in a sum of not lesa
I~~n ~
in a compmiy or rompanies arr~pfa~~e to t~~P mortgaflee, fhe po~icy or po~icies to ~~e hpld 6y, and paya6le ?
to, s~id morlga~e~, a~~d in fh~ enenf any sum oJ money 6ecomes ~yable by virfue oj such insurance the {
morfc~a~ee sh~ll ha~~p the ri~ht fo ~('fPII~P and apply the same to the inde6tedness {iere6y securecl, accounting ~
fo I~P morfga~or ~or any surplus: to pay a~~ cosls, charges, ane~ expenses, i?u~ucling ~awyer s~ees anc~ fil~e ~
searrhes, ~PasonaE~~v inc~u~ec~ o~ ~a~d 6y ~hp mortgagee hecause o~ fhe ~ai~ure oJ f~e morlflagor !o prompt~y ~
an~ (ully c'omply u~itl~ fhe nc~reemenls, slipu~alions, con~itions an~ corpnnnis o/ said note and this mortgage.
or eif~ier; fo per~orm, comply ioith an~l a6ide 6y each anc~ every lhe agreemenfs, stipu~alions, conditions and ~
coi~~n~nfs set Jorlh in saic~ note nn~ fhis morfgage or either. ~n fhe Fvenl fhe mortgagor fai~s to pay u~~en
due any ta.r, nssessm~•nt, insurance premium or othpr sum o~ money paya6le 6y virtue o~ saic~ note nnd this
morl~age, or Pilh~r, f~~e mort,yagee may pay !~e same, wit{?ou! u~aining or aJ~ecfing fhe option fo ~orec~ose
or any ot{ier ri~~ht {~e~~t~naer, an~l all such payments shall benr inlprest ~rom date Il~ereof at Ihe I~ig~est ~aw-
rU~ !(I~P ~~IP?1 A~'OIUPI~ ~)V ~~IP ~A11~5 OJ ~~P J~Q~P Oj I'~Olll~~.
~l any sum o~ mon~y herein re~~rrec~ lo ~~e not prompt~y paid W~~h~n thirty c]uys next a~fer
f{~e snm~ E,ecom~s ~u~, or i~ eacf~ ancr ei~Pry the ac~reemenls, slipu~alions. conc~itions anc~ conenanis o~ said ~
note ~nd this mortgag~, or pitl~~r, are nof jully per~ormed, compliecl wil1~ and a6ided 6y. lhen fhe entire
sum mention~d in said nol~, and I?~is mortc~age, or the entire 6a~ance unpnic/ fl~ereon, shall Jorthwith or i
t~ereaJfer, af tti~ opfion of f~~e morl~age~. 6ecome an~ 6P c~ue and paqa6~e, anyt~ing in sai~ nofe or ~e~ein ~
to 1{~~ confrary nolu~if~~slan~inq. Failur~ ~y ttin mortgagee to exercise any of the rig~ts or opfions herein
pm~~ic~v~~ stia~~ nol consfilufe a u~air~r o~ ariy rights or options unc~er sai~ notp or lhis mortgnge accruetr or
t~~er~ajt~r accruing.
~n ~itness ~hereof~ Il~e~ sair~ morl,yagor {~as hereunlo signed and s~aled lhese presenfs the
~~ny unc~ y~ar jirst a~?one irriHen.
. qn~t~. SPa~Pt~ tetu~ t~~~ir~rnt~ in f{~P prps~rtcp o~: ~ i~~'
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k STATE OF FLORIDA, `
cc~t'\TY OF ST. LUCIE ~
~ I HEREBY CERTIFY that on this day~ be(ore me, an
~ o(fi~er duly authoriz~d in the Stat~ afor~said and in the County aforesaid to tak~ acknowledgments, personally appeared
E. H. KLUEPPELBERG, JR. and SHARON L. KLUEPPELBERG, his wife
~ to m~• known to ~ thc pcrson S described in and who eaecuted the for~¢oin.q instrument and they acknowlcdged
bcfor~ me that they ~xccuted the same.
~~'17~\ESS m~• hand and o(ficial seal in th~ Count~• and Stat~• last a(oresaid this 8~ da~ o(
~ January 19 73
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s : N_ i~1y Conmisswn Expires Sepi. 16, 1975 ~
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