HomeMy WebLinkAbout5873 and shal~ perform, co~npl~~ ~r;th u~ul aLi~le by ~~uc•h uiid ecer~ th~~ u~r~•~~~~rnfs, stipulatio~u, coiulitio?~,s and
coveiwnts tliereo/, aru~ o/ Ihis mort~;u~;e, then fhis murtru~;e u?ul tlur e~stnte 1?creb~~ creuted, s)~all cease, de-
fermi~~e anc! Ge null arul ooi~~. ~
~ the mortga~or Iiercl~~~ ft~rther coue~iants a~ul u~;rccs ta Jxiy promplly ichen due the priiicipal arui
lnterest and othcr sun2s of mone~ prouided /or in sned note a~ul N~is n~arttiuge, or ci~lier; to ~wy all a?uI
singular the taYes, arsessments, leoies, IiaLilifies, oLli~atio?4s, anc! enc•~unhrunres o/ euery rwture on saul ~roN-
erty; to perniif, conuuit or su8er no tcuste, imjxiinnent or rlelcrioration o~ suid l~ncl or tGe improvements
ihereon at any iime; to kecp t1~e buildin~s now or herca/ler on said land /ulh~ i?uurcd in a se~n~ o/ not less
ihan
in a comjwny or conywnies acceptable to the mort~;a~ee, the policy ar ~~olicies to be l~eld by, and ~wi~able
to, said ~nort~;a~;ee, and in the euent a?e~~ s~un o/ mo~iey l~econres ~wyal~?e 1,~~ virtuc of s~erch i~~.surance ilie
mortgagee sliall have d~e ri~ht to receive and ul~ply tlie same to tl~e indebtedness hereG~ sea~red, accounting
to tlie mortga~;or for an~/ surphu; to pay all costs, chur~,es, arul exper~.ses, includin~; laicyer's fees a?ul fitle
searches, ~easonably i?icune~! or ~wid l,y the mort~;a~;ee l~ecuusc of the fnilure of N~e mortgagor io promptly
aral f ulle/ com pl?~ icith the a~;reements, stipulatio?~.s, conditio~~.s a?ul cocenm~ts o/ suul rwte and d~is mortgage,
or either, to perfonn. comj~li/ i~•ed~ a?u~ abide by cach arul euerr/ N~e atirecmer~ts, sti~?ulutions, conditio?u and
cove?wnts set ~orth in said note arul t)iis mort~atie or eiNrer. ]n the eucnt tl,e mortgagor fails io J~ny uuhen
due any tax, assessment, insurance ~~remium or otlier s~un oj mor~ey ~wyuGle !,y cirtue of said note a?xl this
mort~age, or either, tl~e mortga~ee may pay tlie same, ~cirhour •caiuin~; or aBectinn t1~e option to foreclose
or any odrer ri~ht hereuncler, aiut aU sud~ Jxiyments sliall beur tnte,est froni date thereof ot t1~e hi~;hest 1au•-
ful rate t1~en allou:ed by the laics of the State of Florula.
~l any stun of money lierein referred to be not promptly Jwul ~ciil~in thirty da~s next after
the same becomes d~~e, or if each arut evenJ the agreements, stipulatio?~s, ~:o~utitio?u a?ul co~~enants of snid
note and tleis mort~;a~e, or eitl~er, are not fully ~~erformcd, co~nyl:~~~ =.+•itii muI aGided bJ, then the entire
sum ntentioriecl in said ~wte; anct t1~is mortgabe, or il~e enlire balc~nce ~rn,:~u~ thereori, s1~a11 forthicitle or
therea/ter, ot the ot~tion o/ i)?e mortgagee, become and be due ~rul Jwqable, ~~nJtl~ing rn said note or herein
to N~e contrart~ not~cithstmulin~. Failure btJ the mort~;a~ee to e.r~~rcise an~~ o/ tl~e ri~;hts or optior~,s herern
provuled sl~ull not cor~.stitute a uaicer o/ an~ ri~;hts or optior~.s inui~~~ snid n~te or this mortgage occrued or
tlierenfter accruing.
~n ~itness ~hereof~ the said mort~n;;or has l~ereunfo si~;ned and senled these presents the
dai~ n~ul year first ahoce u•ritten.
Sig d, seal an~l delicered in tl~e presence of: .
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t STATE OF FLORIDA, ) ~
~ CoU~TI' oE St. Lucie r
~ ~ I IIEREIIY CERTIFI' that oh this da~•, Ix~forc mc, an `
~ ofCi~~er dul~- authorizcd in the SLitc afore.:iid and in thr ('.ount~• aforesaid to take ackrx~~~-lcilgmrntc, ~~rumalh• appcared
~ Jame s J. Ma rtin and No rma R. Ma rtin
~ to mc~ kiN,~~n tu IK~ th~• pi•r.nng ~I~•u•rilH~il in :tnil ~~IN~ ~•~~ti•iitr~l th~~ turr~~~in~ in.tnuu~•nl :~n~l they ack~N~~clcdKirl
~ Ix~fum m~~ tLat they ~•~i•ri~k•~l th~~ >.~nu•.
~ \~~1"I~\!•:titi iu~ h.~n~l ;wd ul(icial ~r.~l i~~ thr G~iuih :~ncl St:~t~• I:~.t :dur~ .v~l thi. ~ •4 t~ayfof
T lOth " ~ ~
~ January a. u. ~v 73 L~~~.~ '
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~ • RECCRt~EO ''~t , "
FILE~~IE t:UUh~Y FLA, ,f~~~ - r.,1 t~,. , ~t:~t~ o~~,~~`~ -
RAS ~
= St. a~~c~. .r ~ i;. . ~..~:k~t6.~~sut~?,~s~Cc,inp~ny -
~ Cl£P.R G.:uti C~URT ~ . , i~.uv. b.1~73
- pftfi~'" y`. _ ~t D~~~ ~1} Cc;n?n.i-: ~„u i_:.~:,~.
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