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HomeMy WebLinkAbout2788 ~ru1 sliall por(u~m, <•umply u~itl~ an~ a6idc~ by ench a~e~l p~~ery t1~P ogreempnls, slipulalion's, conditions anc~ rn~~enanfs f{iPlPO~, a~u{ o~ f)eis ntvrtga~~p, 1hPn Ihis mortgaf~r an~ ihe estnfP hP~POy ffPQIP~, s{~a~~ cease. de- tPrntiltP artt~ ~~p J11~1' ant~ nl~ir'. ~in~ f/ie~ mort~~n~tor lu~ri~~iy ~url{~rr covenanfs an~ agrees b pay promplly when due Ihp principnl and enl~rnsl an~ of~i~~r cums o~ nlonpV proni~Iecl Jor in sui~~ « ofe anc~ ttiis morf{~age, or PIIIIP/'; fo pay a~~ and st?i~ulnr ~~Ip ~(ICPS, QS~I'S]lI1P/I~S, ~Pl~lPS, ~tA~t~l~lp5. Of)Ii{talions, nfl~ pflCllRl~)MRCPS O( euery nafure on saicl pro- PP/~V: ~4 nP~?t11~, ('O~Illtlll O~ SII~~tT IIO U~(IS~P, impai?ment O~ c~elerioration O~ Sql~ ~A/1C~ O~ ~~1P improvemenfs ~~11'M/`II A~ 1111V ~l!?IP: ~O ~PPr ~~IP ~)111~f~111f~3 IIOII? O~ ~IPMU'~t'F 011 ~lll~ lQ1l(! flllly Il151l~PR 1?1 Q S11111 O~ IIO~ ~P33 ~han highest insurable value ' in a company o~ compm~i~~s acc~•pln~~le lo If~e morlgag~~. f~~e po~icy o~ po~icies to ~,e helcl tiy. an<I paya6le !o, s~ic~ mo~f{~ngPP, nn~ in t~ie erenf any sum of money ~1PCOI/lP5 paya~~e hy i~irltee o~ sut'ti insuranrP !~e morlgac~~p s~~a~1 ~inoe l~~e ri~~1 to ~~~ein~ an~ opply the saine lo ll~e indetifedness here~,y securec~, accounling to t~~~ morlc~a~or ~or ar~y cttrplr~s; to pay a~~ cosfs, l'IIpIpP3, 0?l~ PXpCI15PS. II1Clll~11RQ ~awyer~s jPPJ ancr til~e SPAII'~PS, rPASUf1A1)~V !IlfllllP~ Or pairl I~y II~e mortgagre hPCqIISP O~ ~~P'QI~UM O~ ~IIP mortga~or fo prompf~y ari~ ~u~~y ~•omp~v u~ii~~ Ihe a~r~~mi~iifs, stipu~afions, con~~itions ane~ corPnanls o~ saic~ nofe an~ f~is mortgage. or eil~ier, to p~rJorm, comply wifli an~~ a~ic~e 6y enrh anc~ e~~ery f~~e ngreemenfs, slipu~ntions, conclitions and coi~en~nls s~f ~orth in sai~ nole anc~ f{~is morf~ac~e or eilher. In ihe Fvent l~te mortgagor ~ai~s to pay tv~en ~ clue any ta.r, assessmr~if. insuronce premium or oltier sum o~ mo~~py ~ya~[~ bv uirfue o~ sai~ nofe nn~ f~is morl~ag~, or ~ill~~r, f~~~ mortgac~~e may pay f~e same. u~ilf~ou! u~aining or ct~~c~rfing t~e option to ~orec~ose or nny ol~ier ri~~~l fier~une~~r, aric( o(l suc~ paymenfs s~a« ~~ear intPrPSt ~rom c~ale f~ereo~ at the ~iq~FSt ~au~- ~ul mte Ilirn al~otr~Kl tl~~ fa~rs o( t{~e Slafe o~ ~'~ori~a. ~l any sum o~ enone~y ~~~rein re(prr~cl to ~~e not promplly pai~ u~if~in ten clays nex! o~te~ ' Ihe sam~ 6~com~s du~, o~ iJ eacl~ and ei~ery Il~e agreemPntc, slipttlalions. con~litiuns and coe~enmies o~ said ~ note aru{ I/~is m~~rlc~n~tN, or pil/ter, ar~ not /u~ly per/ormed, comp[ied u~it/~ and abided by, l~een IhP Pniirp sum mentionerl in soid no1e, and tl~is mo?tgage, or fl?e entirn bala~ece unpai~I thereon. shnll jorlhu~ith or Itiereaffer, at th~ opfion o~ f~~c~ morfgac~~~, bpcorree ancj he rlue anrl payahle. anyf{~ing in sair~ nofe or tierein fo f~~~ contrcrrp r~olirit~~slaruliitg. l'~i~ure ~~y 1~?P mortgn~ep to exercise nnV o~ fhp rit~~ls or options ~erein pro+'i~~i~r~ s~a~~ r~o! ronsliHil~ n irai~•rr oJ any ri~~his or options ~mt~~r sait~ nolP or I~is mort~ac~e accrue~~- or th~rcaft~r nc~~ruin~~. ~n ~itness ~hereof~ Ilu> snicl morfc~ac~or l~ac I~Preunlo signPCl nncl s~al~rl Il~ese presenls IhP c~ay nnrl V~~nr Jirsl a{?o~~~• u~ritlen. Sic~nec~. s~u~P~ an~ t~t~~ir~rnt~ in 1~~ prnsc~nce o~: . . ` ~ • • . ~ : s~.~.._. - ~ ~_~~~.~Qr~!~. L' ...1.?~,.~!r"~..-- ~ ~j . - william T. c. schmidt ~ - - -(J[._ . - _ - - . _ . . _ - ~ ~ ^ _ . . ' - • . . . . - - , - --/7 r~~- - - ~ r 1~ : ,1- . ~ ~ - _ - _ - ..._.,J.'......: ~~i.<1.). ~ ~ ' . Linda C. Schmidt STATE OF FLnRiDA, ~ ' cc~i°~TV c~~ ST. LUCIE I I HEREBY CERTIFY that on this day, betore me, an i offi~cr duh• authorizrd in the Stat~• a(oresaid and in the Countt• aforesaid to takr acknowledt~mcnts, personally appeared ' Williatn T. C. Schmidt and Linda C. Schmidt, his wife to mr knc~M•n to he th~• p~•rson g described in and who ~arcuted the (or~qoinq instramrnt and they acknowledqed befor~• ~nc that tt1E~Fxccuted the same. ~~'ll~\ESS ~np hand and official scal in iF~c Counh• and Stat~• iast afor~said this 1u~ day o/ ; February n. ~9 74 ; - ' ~~o,,~,.•~..C.~_,. - - - ~ Notary Publi , State of Florida ! . at Large. j . My Commission Expires : a• I y 77 + ~ ~ f • ' . ~ o• t•••ga - ~ ~ pow*r pnbr~, s!~r, << . . ~ , ~ ~ ~ ~ ' ' S` - r Mll L°^'^'is;~cn ~r:'._: • ' ~ Co. :~c b G~i~~ity ._t ~ 4 . - ' • = ~d by ~~~c:._:,., . _ ~ _ _ , FtLf J ~ - 't'c~ 'N7ED , r...,?T~ ~~a. ~ • $T.t.J~~ :':,--~5 ( . o;:,: ~ ; `c' ' " ~t"~,~'~~' ' - c.t3URT ~ . CI:F' S r'/'••„~ ~ -ql - ~ -r-~~l[~_'~ l~Y. ptr!'.t.:~ ~ • ---~'r"~ - I:N L ' ' •i~.:~~ In~rri;. ~ • `{it.._ ~1' ' !%,?s /,r~m~~»~~,r~ prrpur~~~! hy: E^~~; C. 1:.:.i, l;;, E:.,,t:-i~, ~f ~E8'~ ~~2 q~ ~ * r Fc~ A. F~e, t~a~..~ , i~l~[~Il:f~ .''~jr ~r ~?~St F~~~~.~ ~~,.~.,.g 2 ~'~~'7f PAGF~/~ fort Pie:::e, itti;:~a ~345~