HomeMy WebLinkAbout0564 and shall per(orm. ~umply wiflt antl a6ide by PaCII and every tF~e GeIPPI11BIlIS, stipulations, condilions and
coi~en~nls th~reo(, and aj this mort~a4~e, then this mortga~e and the estate hereby creatpd, shaU cease, de-
fe?mine anc~ E~e nu~~ art~ ~~oic~.
Iln~ tf~P morfga~or Rer~~y (urfher covPnanfs anc~ aprees fo pay prompfly when clue Ihe principal an~I
intenest and other sums o/ money proviclec~ Jo~ in said note and fhia mortgage, or either, to pay nll and ?
sin~ular Ihe ta.rps, cusessmenfs, [eoies, liabilities, o6ligatioru, and encum6runcea o( every nafure on sai~I pro- j
perly; to permil, commit or suJ~er no wasle, i~npairment or deteriorofion o~ said ~nnd o~ the improvements :
Ihernon at any lime; to keep Ihe buildings nou~ or hereaf ler on said land f ully insured in a sum ol not ~ess '
iha~ full insurable value {
in a company or compnnies accepfahle to the mortgagee, the po~icy or po~icies to 6e held 6y, nnd paya6le '
to, said mo~tpagee, nnd in Ihe e~~ent ony sum o~ mon~y 6ecomes r,oya6l~ bz virtue oJ such insurnnce the ;
mortgaqep shall hai~e Ihe right to receive and npply Ihe sume to the inde6tedness here6y secured, aceounting z
fo the morlga{~or for any surp~us; fo pay a~~ cosfs, c{~arges, and expenses, inc~uding ~awyers (ees nnd tit~e #
searc~ies, reasonah~y incurrec~ or paicl 6y Ihe mortgagee because of t~e ~ai~ure oj. the mortgagor fo prompl~y ~
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ana f u~~y comp~y wilh I~e agreements, stipu~alions, conc~itions ane~ covenanfs o( snid note and this mortgage.
or eifher: lo perjorm, comp~y u~if{~ an~ abic~e 6y eac~ anc~ every fhe agreemenfs, slipu~nfions, conditio~u and
coi~enants set jorlh in said note and this mortgage or eitF~er. In the event ll~e morlgo9or /ails to pny wtien
due any tax, assessment, insurnnce premium or otl~er sum oJ money paya6le 6y virtue oj said nole and this
morfgnge, or eif{~er, t~e morfgagee may pay fhP same, wifhout waiving or ajfecling !he option fo jorec~ose
or any o!{ter rit~{~t F~ereunder, and all such payments shall 6ear interest jrom date the~eoJ nt the I~ighest lnw-
(ul r~te then allowecl 6y Ihe ~aws o~ !he Sfate o~ F~orida. ;
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DL any sum o~ money herein re~erre~ to he not prompt~y pnic~ within thirty t[nys next af
ter
Il~e same 6ecom~s due, or iJ eacl~ and every the agreements, stipulations, conditions and covenants o) said ~
note and this morlgage, or either, arp not f u~ly per~ornted, complied with and ab~ded 6y, then tlta entire ~
sum mentioned in said nole, and this morlgnge, or tl~e entire 6alance unpaid thereon. ~I~nll Jorthwi!{e or €
tF~ereaf ter, at t~e option o/ the mort~a9ee, 6ecome and be due und paya6le, anything in said note or herein
to fhe contrary nolwieRstanding. Failure ~y f{~e mortgngee to exercise any o~ the ?ights_ or options ~erein
, pronided shall no! consfifute a wai~~er of any rig~ls or opfions under saic~ note or fhis mo~fgage accnaed or
1{iereaJter accruing.
~n ~~Li`~ ~~~~1~ tF~e said mortgayor has hereunto signed and senled fhese presents t{~e
cray nnc~ year jirst ahove u~rilten_ ~
sea~ec~ an~ c~elive~ecl,i+r~t~e presencp o~: ~ ~
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, . ~.~~:~-Q..- ~ess~``fe"~'~ Baiier
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k STATE OF FLORIDA, . ~ j
~ GnL':~TY nF ST. LUCIE ~
~ I HEREBY CERTIFY that on this day. before me, an
of(icer duly authorind in the Stat~ a(oresaid artd in the County aforesaid to tak~ acknowledgments, personatiy*~~d
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~ KARL BAUER and BESSIE S. BAUER, his wife, x.~~;~.::~.
~ ~ a 1 E'~ ~ :
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~ to me known tu Fx thr perso~ described in and who ezecuted the (oregoing instrument and' ~ ~kjt~W~t1~ ' ;
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beforc me that t~'1@ ~xccuted the same. : t~'` • '
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~ H'1TNESS my hand and of(icial seal in the County and Statc last aforesaid this -,~~{'r? ~7~d~o~.:`
~ i ~ ~ .,t • - : v' = ; f _
~ June, A. D. 19 730 '~b,~~o:~ -
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- ~ No~ary ~ublic
y THIS INSTRUMENT PREPARED BY CHARLES E, BECHT, ATTORNEY `;~,,,,,,,..~C4;~ {
~ P. 0. Box 548, Fort Pierce, Florida 33450 j:.•, -
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FILfO ~NG fILN~IZO~~ l4
~ U ~tE "?C•I~RAS ,.IY~ .
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~L CLERK C~CCJIT CQ~S~ ~
~ RECOR^ vF~ ~=~FD
~ ~2 P~'73 '
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- 258538 BooK 21fi ~a~E ~564
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