HomeMy WebLinkAbout1545 nn~ Sh(II~ pP?Jo~m, romp~y ioil~~ an~ ~~de by ~~h an~ ei~ery t~e agreemenls, ~tlpulafions, cond~tions and
coi~enanis the~~uj. and o/ this morf~~a~e. ~11~Pn Ihis mwtpage and !Re estatP I~ere6y ~at~l, sl~all cease: d~-
tPrmine outr ~u~~~ an~~ ~~oi~~.
Iti~ murl~~a~~a~ ~~eri~hy jurther conenanfs anc~ afl~es lo pay promptly when clue the p?tncipal and
i~~fernsl anc~ ol~~er sums o~ moni~y provi~ecl Jor tn saie~ note nnd thts mort~age, o~ elfhe~: lo pay n~~ and
sinnula~ Ihe fax~s. asshssm~nls, I~ui~s, liabiliti~s, o6li~afions, and encumbrances o~ every natu?e on satcl pro-
perlv: to ~ro~il. commif or suf~er ~io u~asl~, impairment or c~eteriomfion oj said ~and or fhe improuemenls
11~rrn.-n al ~ny tim~: l0 1ri~~p Ih~ buildin~s nou, or I~erna~f~r on said land jully ins~ur~l tn a sum o( not leas
thnn
i~i a rompanv o~ companii~s ~cc~~plaGle 1o Ih~ mortpa~ee, !he policy o~ policies to 6e held 6y, und pnya6le
fo, sai~ morign~ee. anrl in 1~~e a~nPnf any sum oj money becomes paya6le 6y virtue of such i~surartce ftie
morl~apee shall hane the ri~l~l Io rrcei~~~ and apply ~he sume to ttie inde6tedness here6y secured, accounting
fo ihe~ mortganor (or any surp~us: lo pay a~~ costs, c~a?ges, and expensps. [ncluding ~awyer's ~ees and Hl~e
snarrties, ~Nasonah~y incurre~l or paitl 6y fhe morfgagee because oj Ihe fai~ure o~ I~e mortgnflor to prompt~r
ane~ f u~~y comp~y u~it~~ II~e af~reeme~~fs, slipu~alions, con~Iilions ancl eoi~enanfs o~ said nofe an~ Ihit mortgage,
ar eit~~e~; lo pv?jorm, romply u~ifl~ and al~i~e by each onc~ every ttie agreemenfs, stipu~ations, conditions ant~
' cov~nanis se1 (orth in said nole and this morlgage or either. ln Ihe event the mortgagor /nils to pay when
due any lnx, assessm~nf, insurant•e premium or ofF~er sum o~ money paynb~e by rirtue oJ sai~ nole ond t~ts
mo~tflage, or eit~~er. Ihe mort{~n~~ep mny pay 1{~e same, u?iftiouf u?niuing or a~fecting ttie option fo Jorec~ose
or any OIrtPLlI/~hI llPfPil/'(ler, and all suclt paymenls sl~all 6ear enlarest jrom date tkereof at the hig6est lnw-
+tll IAIP IIIP/I UIIOII~CI~ I)V IAt1~S O~ IIIP S~RIP O' I'IOr1~Q.
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Dl nny sum u~ mor~y herein re(erre~ to he nol prompt~y pait~ within y-~ r~~l days next a~ter
Ihe samP ~ecom~s ~up, or i~ eac~~ an~ enery Ihe a~reements, sfipu~ations. concrilions and covenants oj saicl
note and fhis~ morlgn~~e, or eitleer, are not f ully pe?jormed, complied wit~ and a6~d~! 6y, then !he entire
sum menfionerl in said note, and fl~is mort~age, or tl~e entire 6alance unpnid t~ereon, shall Jorthwith or
t~ereaf
ter, at fhe option o~ f~~e mortga~~~. 6pcomp ancl bc~ c~ue an~ papa6~e, anyfhing in said note or ~erein •
fo I~e confrary nolu~ifhstanc~ing. Fai~urp hy If~e morfgagee to exercise any of the righfs o~ options kerein
prouic~ecl s~a~~ ~of consfifute a ioaii~~r o~ any ri~~fs or opfions uncler sai~ note or ttiis mortgnge accrued or
f~~ereajfer accruing.
~n ~itness ~hereof~ tl~~ said mort~~gor has l~ernunto signe~l and seale~l fhese presents the
~ ~ay anc~ year Jirsl aho~~e u~riften.
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Signe . sea d and d' in the pm~~v~cP o~: ~ L~
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• Ohri . , r. ~
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. Syl$ia J. ~'ita~ -
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STATE OF FLORIDA, ~
COUNTY nF ST. LUCIE ~
- I HEREBY CERTIFY that on this day, be(on me, aw .
of(icer duly authorized in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowledgments. prnonaUy appearcd
Tn~ g~ gTp~I, .TR_ arid SYLVIA J. STA2~i, his ~rife
to me known to b~ the penonS described in and who ezecuted the foreqoinq instrument and they acknowkdged
beforc me that they executed the same.
WI7'11SESS my hand and o((icial seal in the County and Statc last aforesaid this /~''fz~ ~r ~ day of
~ d A. D. 19 'l3~ ' ~
7 •
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I~otary ' c, a ~ oY ~ Flor~da at ~ Large
25524'7
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