HomeMy WebLinkAbout0900 and shall J~erform. comply irilh und ul.irle b~/ i~~ich «n~l eccr~ t)?c u;;r~~eu~e~its. stipulatiu».s, co?ulifio~u antl
covenants tl~ereo/, a?ul o/ this ~nort~;a~;e, then this morl~a~c uu~l t1~c~ cstutc hcrcl~i~ created, s1,aU cease, de-
termine and lie null n?uI coid. .
~ the mortga~;or 1~ere~i~ ~urther cocenanfs uiu! ntirees to ~x~y prom~~tly ~rhen due the princiyal and .
interest and other surtu of n~oneeJ ~~rovided /or in saicl ?wte a~ul t1~is mort~;a~e, or eitlier; to ~wy all aru!
singular the toxes, assessments, lecies, liaLilities, oLli~;utioi~.s, and erux~mbrances o~ euery iwture on suul prop-
erty; to permit, comn~if or suBer ?~o u~uste, i~n~xiirnlent or [ICleriorqtipn Of said lancl or t1~e em~rooements
thereon at ar~y time; to keep fhe buil~lin~;s nou, or hercu/ter on said land itelh~ i?uured in a siun o/ ~wi less
than
in a comjwny or com~anies occeJ~table to tl~e mortga~;ce, N~e J~olici~ or ~?olicies to l,e l~eld by, aiul payable
io, said ?nortgagee, anrl in N~e ee~ent ani/ s~~u+ of mone~/ Geconies Jw~~uble by virtuc of sy~cia i?~.surance f)~e
mortgagee sliall have ti~e right io receiue and ap~~ly !he smne to the indebtedness hereby secured, acco~uiting
to ihe mortgahor for uny surp?us; fo pay u?I costs, clwrties, u?ul expenses, including laicyers jces a?ul title
searches, ieasonably inci~rred or ~wid bt~ !he mortgn~;ee because of the failure of the mortga~;or to prom~tly
mul fully compli~ ~cith the a~;reements, stipulatio~~.s, conditior~.s arul couena?~ts o~ saul ?wte arul t)~is mortgage,
or either; to per~orm, comply tcith and aLi~le by euc)t anil euen/ the agrcements, stiNt~lations, conditio?u urul
cooenants set forth in sair/ note o~ul ihis mort~;age or either. In tlie eucnt the mort~;a~or fails to j~y ~chen
due any tax, asse~sment, i?uurance ~~remium or ofl~er sune o~ mone~~ J~ae~able l~y oirtue of said ?wte arul this
mortgage, or eitl~er, N~e mortgagee mar/ pay the san~e, ~ciN~out uaiuin~ or aBecting the oJ~tion to foreclose
or un~ other ri~;ht hereunder, arul oll sucJi ~wyments shal! Gear interest from ~late tltereof at fhe hi~l~est latc-
ful rate then alloiced Gy the la~cs of die State of Florida.
ant/ sY~ni of money )+erein re~erred fo be not promptlt/ paed ~citliui thirty ~jQys next after
the sa?ne becomes due, or rf eacli arul evenJ the atireements, stipulatio~u, coiulitions arul covenants of said
note and t)~is mort~a~;e, or either, are not fulleJ per/orme~l, complied iciN~ arul abiclerl ~iy, ther~ the entire
. sum mentioned in saul rwte, a?u1 this morttiabe, or tl~e entire Iiala?icc unt~aul N~ereon, shall fortl~icitl~ or
thereafter, at tlie o~~tion o/ the mortgagee, l,ecome onrl Ge due a?ul pa~al,lc, miything in sairl note or herein
fo t)~e contran~ ?wtecitlistandin~. Faiture by the morttiu~ee to e.rercise mu/ o/ tl~e ri~hts or optioru herein
prouuled shall not constitute a tcaioer of an~ ri~;ltts or optio~is under said note o~ tliis mortgage ocen~ed or
therea
f fer accruing.
~n ~~~~s ~~~1~ t1~e said mortgatior has I~ere~mto si~;ned a?~d senled these presents the
day anci year first abot~e ~critten.
Signerl, sealed ancl cleliLeretl.~in ihe presence of: :
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~ STATE OF ~I.ORIDA,
~ CoU~'['1' oF St. Lucie ~
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I HEREBY CERTiF'1' that on this day, I~eforc n?e, an
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of~'icrr clul)' autlwrized in t}x State aioresaid and in the County aforesaicl M take acknu~cledgments, pc•r.amally appeared
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Laura B. Hancock, a single adult and Robert J. Schlichter and
Helga Schlichter, his wife
to me• kuu~cn tu lx• th~~ ~x•r.~~nS ~I~~~c•ril„•d in an~l ~~IN~ ~•~i•cut~•~I tIN~ fnn•~uiu~ in.hunn•nt :u~~l they :~ck~H~~v1edK~r1
~ I~t~fun• ~n~~ th.~t they ~•~~r~dr~l tln• ..uin•. . ~
\l'1'1~\I'.titi ~u~ hau~l :in~l ul(icial w•.d in t6~• Gmnh :~n~l ~t:it~• la.t af~~n.:ud thi~ 15,~. da)• of
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January .a. i~? 73 ~
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~ tbtur P~~lic, sate a1 Flwid+ at txq~
- fi~EO ~HC~ .°.~coRaEO 23, 1976
ST.IUCIc C~~~NTY Fll~. ~Aq Wm::r.s~ion Ex~ires PAa~•
z3 ROC== : 7~ ~AS w.t.~ h fM. t:.s..~n G"•
~ CtE~K C.~~U': COURT :~~~~ai~~::"• i
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