HomeMy WebLinkAbout1531 an~ sha~~ pe~~o~m, comp~y wif~ un~ a~ic~e by ench anc~ ei~ery f~e agreements, st~pu~ntion"s, condFtlons and
corenanls f~ereo(, ane~ oj fhis morlflope, l~en fhis mortgage and ttie esfate he?eby crealec~, sha~~ ecwte, cr~-
te•••~~•~e ~n~ 1.p null nnd iroid.
7i1L~ fha morlga~or tieri~~y jurthe~ couenanfs and agrees 1o pay promplly when due the p~ncipal and
inleres! anc~ ol~~er sums o~ money provi~ed jor in soid nole and this morfgage, or etlhe~; fo pay a~~ and
aingu~ar Ihe fa.rPS, assessments, ~evies, ~iabi~ilies, obligalion~, ancr encumbrnncea of every nalure on said pro-
perty: fo permil, commil or suf~e~ no u~aste, impairment or c~eteriorafion oj said ~and or fhe imp~ovements
thereen af any lime; fo ~eep I~e tiui~cjin~s nou• or {~e?ea(ter on said ~anc~ Ju~~y Insurec~ in a sum oj ~of ~ess
~han full insurable value
in a company or companies ACCPPtab~ ~O Ihe mortgagee, the poltcy or policies to hetd 6y, and ~ya6l~
to, sni~ morfgagee, an~ in 1he enent any sum o~ money bec~mes payab~e by virlue o~ such insurance Itie
mortflagee s{~all hane fhe rigF~t to rc~ceivp and apply If~e sume to the inde6tedness here6y secured, uccounti~g
to fhe mortga{1or (or any surplus: fo pay al! c~osfs, c~arges, an~ expenses, inciuaing iawyer~s jees nna iiiie -
I searehes, reasonab~y incurrecr or paic~ tiy f~e mortgagee because of the fai~ure o~ fhe morfgogo~ fo prompi~y
anc~ ~ci~ly comply with t~c agrcrmcnts, stipu~ntions, c~nc~iliona onrl covanants oj said note und l1~Is mo~fs~os~e.
or eitl~er: to per(onre, comply with a?id abide 6y each and e~ery the ae?eements, sfipalations, condifio?u and
coi~enants spt jorth in said note and tl~is mortga9e or either. In the event the mortgagor jails to pay u•hen
tlue any tax, assessment, insurance premium o~ oll~er sum oJ money paya6le 6y virtue oj snid nole and lhis
mortgage, o~ eifher, fhe morlgagee may ~y ehB same, without waiuing or a(~ecling !tie option to forec~ose
or any oll~er rigl~t herPUnder, an~ nll such payme~ts shall bear intprest jrom tlate thereo( at fhe highest law-
~UI MIP I~P/I QIIOIt~~ hy IIIP IQU~S Oj I~P S~Q~P Oj FIOrI~n.
l~ arty sum oJ mon~y I~erein re(errecr fo be not prompl~y paitj wilhin five ~jays next ajter
the same becomes due, or iJ eaci~ and every 1he agreements, stipulations. condifions and covenanls oJ said
note and Ihis morfgafle, or either, are not ~ully perforntetl, compliecl will~ anc~ ab~ded by, then ll~e entire
sum mentioned in said note, and this mortgage, or Ihe en~ire 6a~ance unpnid ther~eon, s{~oll ~ortl~wit{~ or
thereaJter, at th~ opfion oJ the morlgaQee. 6ecome and 6e due and paya6le, anyt{~ing in said note or herein
to f~e controry notu~ithstancring. Failure 6y I~e mortgagee to exercise any o~ the rig{~ls or options ~?erein
provi~ecj sha~~ not constitufe a u~ait~pr o( any rights or options une~er sai~ note or t~is mortgage accruec~ or
f{~ereajter accruing.
~n ~itness ~hereof~ tlie said morlgagor has tiereunto cigned and sealecl fhese presents the
c~ay an~ year firsl aboi~e inrillen.
Sig , sea~ed ancl clelinerPCl in t{~e pr sence o~:
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~ STATE OF FLORIDA, ~
GOU:VTY nF St. Lucie
i HEREBY CERTIFY that on this day, before me~ an
o(fic~r duly authorized in the Statr aforesaid and in the County aforesaid to tak~ acknowkdgments~ penonally appeared
CHARLES G. RHOA1~ also knawn as Charles G. Rhoads IV, and
- GAIL P. RHOADS, h~s wife,
to m~- known to b~ thc person Sdescribed in and who executed the for~qoing instrument and theyacknowlcdged
~ lxfore me chat t11ey ~xecutcd the same_
~ ~VI"1'NESS my hand anci of(icial stal i~ thc County and Statc last a(oresaid this 29th day o(
~ January A• D. 19 73. _
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- Notary , State of Florida
si~`~;''' ~,;~~TY Fi~ ~ at Lar
; -~;'sta5 4~ ~ ~
F`''~ ~:r couRT My Com~mission Expires : l
:FS ClE-•,., I..v•C•C ~ .
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~ 1'lris Ins~rra»~nr p~fpnr~-J by:
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o R 210 ~~E1529
84011
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