HomeMy WebLinkAbout2218 and shall pe?Jorm, cumply u~i11~ and a6ide by eucl~ and ei~ery the agrepmenli, stipulations, condtliona ur~d
rn~~anants thereo/, and oj Ihis mortgage, then this mo?tpage and the estate hereby cnated, shall ceuse, ds-
tprmine QR(~ ~P null an~ i~oid.
Ijn~ Ihe mo?fga{~o~ tien+by furlher coilPnanls anc~ agrees fo poy prompf~y when c~ue Ihe principa~ and
inferesf an~ ofher sums o~ money proni~Ie~ ~or in said nofe ant~ fhis mortgage, or eiftie~: to pay al~ and
sinnu~nr !he faxe~, ass~ssmenfs, ~eutes, ~iahi~ities, ob~tgalions. and ancum6roni~e~ ol eaery nalure on satcl pro-
perly; to permil, commil or su(~er no wasle, tmpairmenf or dele?ioraliorl o~ sni~ ~and or ttie tmprovements
Il~prron o1 any tim~; 1o IrpPp Ihe 6uildin~s now or hrrea/ler on said Iand .(ully insured tn a sum oj not less
tha~ Seventeen Thousand and no/100-----$17,000.00
in a company or companies acc~pla6le to tl~e mort~agee, fhe policy o~ policies to 6e held 6y, and ~yn6[e
to, saia mo~fgage~, and in Ih~ crPni an~ sum o~ mon~y ~PCOMPS payablp 6y i~irtue o/ sucl~ insurance the
morlga~P~ shall I~an~ th~ ri~hl !o r~ceii~e an~I upply 1hp same to the indebtedness l~ere6y aecured, accounting
to f~~e mo~t~ano? (or any surplus: fo pay a~~ ~osts, fhQ~PS, and expenses, including ~awye~
s jees and lille
searchps, rpaso?mhly incurr~t~ or paic~ hy fli~ •mortgayee bpcnuse o~ ttie ~ai~ure o~ Ihe mo?tgagor (o promptly
an~ f u~~y comp~y u~ifh I~e n~rPi•m~~nfs, slipulafions. t-undilions nnc~ cot~enanls oJ said nofe nnd Ihfs mortgage.
or eith~r, fo ppr~orm, comply tvifl~ an~~ a~?i~~ r,y eacti ar.~ n~~Pry tllP agreements, sfipu~alions, conditions and
co~~~nanfs cet ~orl{~ in cai~ nole anc/ f~iia mort~ngp or eifher. /n f~e event Ihe morfgagor ~at~s !o pay w~en
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due any-fax.- assessn~pnt, i~uurn~tce prenee~~m or ~lleer aum- o( money payable 6y ~~irlue o( aaid-nofe- a~a f~iis
mo?Iga~~, or eilh~r, f~~~ morfyn~e~ mny ~io~• l~~r same, wilho~d waiving or aJjecfing ttie option fo ~orec~ose
or anv o~h~~r ?igl~l I~Prw~ml~r. ~na all ~wl~ p~~~m~nis shall 6par intPrPSt (rom date f/~ereo/ at fhe I~igl~est law-
(u~ mlr flirn allo~ucd by lI~P ~au~s n) fl~~• tif~+fF• o( Florir~a.
i` nny snm o~ monc~y {~~rnin rr~rnr~~ la nof prompf~y pait~ wit~in thirty days n~~xt n~fer
t{~~ snm~ 6~~~-omes ~u~, or i~ enr-1~ an~l ~~•.vv tl~~• agr~Pmenls. sfipulalions. condifions and couenanls o~ saitl
notP and ~tiis mor/~~agr. or ~ill~er, nrr ,~„1 ~ully p~?Jormed. ~omplied u~i1F~ and ~6~ded 6y, tl~en Il~e enttre
sum m~nfion~rl in saic~ nole, and Ihi, murfqage, or the enlire 6alance unpaic~ t{~prpon, sRn~l ~ortRwttl~ or
I~PrPajl~r. at 1~u• oplion o~ 1~~~ morl~uu~r~. ~~~-om~~ ~n~ E,n due and paya6le. anyll~ing in snic~ nole or kerein
fo f~~~ rnnfmry ~otu~if~~elan~inry. /=~i~ur~• I,v fl~r mc~rtnagpe fo exercisp any of !tie ri,q~ls or optiona hereln
pm~~i~~~K~ s~~a~~ nof rm~clilul~ ~ u~nirrr o~ ~n~• ri~~~~ls or oplions un~er sai~ nofP ~r this morfgage accrued or
, Iti~vrn(1~•r a~•rruinq.
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n~~IIILJs ~hereof~ f~~r ~oi~l m~»l,ya~~o? tias tiPr~unlo siqne~ on~ sPalecl fF~ese presenfs the
t~ay a~u~ yrar (irsl a~io~~~ uniR~n.
Sign~t/. sra~P~ an~ ~r~ir~rnt~ i?t fl~~• pm.~•nc~• u~:
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~ STATE (1F FL~)RInA, r
CUl'~TY c)F St. Lucie i
I HEREBY CERTIPY that on this day, be(ore me, an
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o(firPr duly au~h~ri~~d in th~ St:~tr :~toresaid and in th~ (:ountv afurrsaid to takr acknoMrltd¢m~nts, prnonally appeared
!
i Clinton R. Hudson and Lois F. Hudson his wife
to m~• knuw~n to hc thr ~rwn~ des:iiFxd in ~nd Mhr~ ea~•cutrd the (c~rreoine instrum~nt and they acknowltdRed
i bcforr rnc that they ~xccut~d th~ sam~.
1\'I7:\ESS m~• hand and of(i~ ial sral in th~• Count~• and St.~t~~ last a(or~said this 14th day o(
September a. p ~g 73
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N~t~rv P!~}~lic - ~tr.t~ of FYof.:~~t ~7'[~!`Bq.'-.,~:
i1~E~ ANO YEN~Y fl~?• i~;nded B~•: :~::ncri~ sn i;,_tt:.er kr~sujaqce.~:p~
.~iy C~mm:ssion Es~,ires:. I1~oti. t ' ,
St.1.U~lE ~Q~tj ~OUR ' ~ _
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RE~O
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