HomeMy WebLinkAbout2689 mtd slrrrll ~~r/orrn, cauph/ ~cith und ul,i~le by c•uch u~id cccr~ N~c u~;rrc•u~cii~s. .~fi~n~lulio~u, cu~~ditiu~u and
couenanls thereo/, ~u~d oJ lhis n~orl~u~;e, then tliu ~nur?,~u~c u,ul N~~ c•stute l+ere~hy ~•reutcd, shn?1 cense, de-
termine and 6e nul! arul Loicl.
~ the morttiaror l~ere~~q furtlier cocenanfs u~ul a~;rces fa ~xrf ~uom~~tl~ u~l~en due ilie principal arul
interest and other s~~n?s of n+oncJ J~rouided /or i~i saict note aul ll~is r??orM~~gc, or either; to ~w~/ nll a~ul
sin;~ular tl~e ta.re.r, assessme~~ts, lecies, liabilifies, ol~li~atio~~s, und enc~unGrunces o~ eccrq ~iat~~re on suid proj~-
ert~; to ~~crrnit, comn~it or suBer no uuste, im~wir~~~e?~t o? eleleriorutiOn O~ sai[I Ia?i[I Or N~e improueme~~ts
thereon at nnt/ time; to kcep the Luildinhs rio~c or liere;,:~tcr o~i suul lund fulh~ i?~.n~rcd in a sun~ o/ not less
thnn
in a com~~uny or con~~~anies acceptal~le b the mort~a~;ee, t1~e J~olic.y or ~wlicies to 1?e I~eld bq, and ~xn~able
to, said »~ort~a~;ee, and in the ecef~t any a~e~m o/ ~none~/ becomes ~xe~~able Gy virlue o/ sucle i~u~~rance the
mortga~ee shall have the ri~ht to receiee uncl ap>>ly tl~e sn?i~e to N~e indebtedness herel,~ seciued, uccoiu~ting
to d~e n~ort~;u~or for ~rni/ surplus; ta ~wy uR costs, cl~ur~es, und et~~eu~es, includin~ lawyer's fees und ti~1e
searclics, reaso~wbly inct~rred or J~aid L~~ the ?t?orttiu~ee becuu~~e o~ fhe /ailure o/ the mort~a~;or b promNNy
nr~{ f~~lG/ coniply icith N~e a~;reements, slepulations, canditio~4s arul coceriants of suul note and thi.r mortga~e,
or eitlier; to perform, comply uitl~ a~ul abide b~J cuch ancl e~cr~~ the n~;rcements, stipulatio?u, conditio?u and
covermnts set forth in saicl »ote u~u/ this mort~;u~;e or E~itGer. In the eucnf the mort~agor /ails to j~at/ u•hen
due any ta.r, ~ssessrnent, iruurance J~remiuni or otl~er sum oj n~onc~~ J~uyable by viriue oj s~i~t uote a~id this
mort~;a~e, or either, the mortria~ee mai/ ~w~/ d~e snmc, u•iN~out u•aiuiii~ ar a8ectin~; N~e oytioii to ~oreclose
or an~ otl~er ri~ht Iteretnuler, a?ul ull sach Jx~yments shull Geur interest frau date tlacreof at tl?e hi~l~est la~c-
ful rate t/~eii alloiced b~/ tl~e la~cs of tl~e State o/ Florula.
Qilt~ SUill Of 1J10I1C~ !~er~i~t re~erred to be not prort~pNq Jx~id irifl~in thirty dm/s next aftcr
tlie some hec~mes d~ie, or if each and euerJ t?+c c~reements, stipu/c~tio?~.s, co~ulitions mu1 coce~wnts of said
~iote and N~is ~nort~;a~e, or either, are not f~~lltJ per~orrned, coniplied u•iN~ and abi~lec~ ~,J, t)~en tl~e entire
sum mentroiiecl in suid ~wte, and this mort~;crge, or the entire bula~icc ~rnlxiid thereon, shall fortlitcitl~ or
thereafter, at the optio~i o/ tl~e rnortga~ee, become ancl Ge due a~ul ~w~~able, anJtliin~ in said note or I~erein
to N~e contrary notu•iN~sta~ulinr. Fail~~re I,J tl~e mort~;u~;ee to e.rercise a~~y of d~e ri~hts or options leerein
proui~led sl~ull not constitute a iraiuer of any ri~;hts or o~~tia~.s under snid note or this mortgage accrued or
therea/ter accrui?ih.
~n ~~Lll~s ~hereof~ the said mort~u~or I~as liere~rnto se~;netl and seoled these presents Nie
day arul year first abooe erritten.
Si~?ied, sculed arid delicered in the ~~resence of: ~
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STATE OF FLORIDA, ) ~
~ Co~ x1'~' oh St. Lucie ~ . i
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j}{EREBI CERTIFI' that on this da~•, lmforc me, an
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k ~ ofTi~rr ~hd}- authurizi~~l in the titate afure.aiil and in the G~unty aforesaid to take acknu~cle~l~;ment,, peru~nally appeared
~ i~ William Schneider and Frances Schneider, his wife
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~ hc(nn• ~n~• t6.~t they i•~~•c~it~•~I t6i• .:inu~.
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