HomeMy WebLinkAbout2038 a~d shall per(ornn, c~mply witl~ and n61de 6y ench and every t1~e a~reemenls, sttpulalto?is, conditio?u and
co~~enanls thereoJ, and o( tl~is mortgape. ll~en tl~is mo~fgage end Il~e estete herebr c~eated, •~nll ceate, de-
termine and be nnll and aoid.
~ If~e mortgo~or f~ereby f urthe~ rnuennnts and agrees to pay promptly wl?en due !he p?tncipal nnd
intereal and ol/~er sums of money provided jo~ in snid note and t~ta morlgage, or eif~er; to pay al~ and
atngula~ f~ie taxes, assessments, leutes, Itabtlilies, obligutions, a~d encumbnanc~es oj every nalure on aatd pro-
perfy; to perniif. commtl o? su/fer n~ waste, impatrr?eenf or delertoralion o~ iatd land or t{?e i~npro~~emenb
lhen~en af any fimp; fo keep fhe but~~ings now or tierpa~fer on sntd Iand )ully lnsiu~ecl tn a sum o( not ~ess
e/?a~ ita inaurable value
in a rnmpany or cumpanies a~cepta6le to ll~e morlgagee, the poltcy o~ poltcies to 6e h~[d 6y, and payn6le
to, saic~ morl~agee, and in thA euent any sum oJ mo~ey 6ecomea ~,ya61~ 6y uirlue oE such inswnnce the
morlgagee sh4ll hn~~R the right to receive and apply the same !o t6e inde6tedness here6y secured, necounting
to f{~e morfga{~o~ ~o~ any surplus; lo pay a~~ cosls. charpes, anc~ expenses, includ~ng ~wyer~s fees and tttle
seare~~es, reasona~~y incurre~cl or poid 6y ll~e rnorlgnAee because o/ tl~e ~nilure o~ t/~e morlgagor fo prompt~r
and JuIIy comply wit/~ I~a agreemenfs, slipula[ions; conc~ittons and e~ovennnts o/ aaid nots an~ eJ~is inortgnge.
o~ eifhe~; !o per~orm, comply wtt6 and a6ide by each nnd every the agreemenfa, slipulatioru, condiliont and
covenants SPI forfh in said nore and thts mortgage or eitl~er. In flee evenl the mortgngor jailt to pay u~hen ~
due any fax, assessment, i?uurance premeum or olher sum o/ money puyu6le 6y virlue oj suid ?iote and this i
mortgage, or eifher, fhe neorlgagee may pay tl~e same, wifhout waiving or afJecfing fhe opfion to ~orec~ose ~
or any o1l~er rip{~t hereunc~er, and al[ suc6 payments shall 6ea~ interest from date thereoJ nt the hig~est Inw- ~
Jul mte then allo~ued 6y tl~e lau~s of the State o/ F[ohda.
)L any sum oJ money herein re(e?rec~ lo be nof rom f~ ~
p p y puid wifhin thirty c~uys next after
Ihe samp becom~s due, or ij ench and enery the a~reements, stipulalions. condilions nnd covenants oJ said
note nnd t1~is morlgage, or either, are not fully perforn~ed, complied uaitl~ and a6~ded i~~. Ihen the enlire
sum mentioned in said note, and t6is mortgage, or !6e entire balance unpnid lhereon, si~all Jort/~witli or
Il~ereajter, at the oplion of Il~e mortgagee, bernme and be due and paya6le, anything in aaid note or herein
lo Ihe cont~nry notu~ilhslanc~ing. Failtup 6y ~he mortgagee to exerrise any of t~e rig~its or opttons ~e~ein
provided shall nof conslilute a u~ai~~er o~ nny rig~fs or oplions unde~ sai~ note or this mortgage accrued or
t~ereajter accniing.
~n ~itness ~hereof~ tj~e soicj mortgagor hns I~ereun[o signetl anc~ sea~ed fhese presertts !he
~ay an~~ yc~a: ~irsl abore u~ritfen.
Signed, sea~d and de[irprec[ in t{rP pr~sence o): .
,
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_ - - - - _ .-t~
Sh~;t~on L. She ut- -
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STATE OF FLORIDA, ~
c~L~T'Y ~F ST. LUCIE
I IiEREBY CERTIFY that on this day, before me, aa
officer duly authorized in the Stat~ a(omaid and in the County aforesaid to uk~ acknowledgments~ p~rsonally appeared
PHILIP SHELNUT and SHARON L. SHELNUT, his wife
to me koown to be the penon S desc~ibed in and who executed the (or~goin,q instrument and they acknowkdged
be(orc me that they executed the same.
~~I7'NES3 my hand and of(icial seal in the County and Swtr last aforcsaid this ~y day o[
September A~ D- 19 73
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~~~`7 J J Notary Publ i c
: My Commission Expiree:
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COR~ ~ p.• CO~'.~/~i `is+ NOiARY P1,3!fC °TA'.E =:O; DA AT IARGE
fllE~ pN ~OU Y fU• ~ '~O ~~V~' ~ l~ i.'t." MY CO~\!Al5Si0~! cXp~1-c ~J~y ~3 7971
NT • • ' ti ~ ~-o•~ o_
St.IUC.E ~,,~iT{iA5 ' a ; - r . =B~N~°-^- T;.str _ . ~~~.P~tf.•
RGG~~ ~..Uli COURt ~ ; ~C ~ ~ ~ Ii t~Y_~
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p,rparrd by: ~ooK218 PACt
r~ N. Koblegard, !il R ~~3'~
P. 0. Box 32~ .
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