HomeMy WebLinkAbout2797 ana shall p~~r~orm, romply wifh an~ a6ide by eac•1i anc~ every the agreements, stipu~alio?u, conditions and
co~~enanfs Ihereof, anc~ o( fhis morf~a~e, f~~en Ihis morfflage a~~ t~e vstale tiereby creafed, s~a~~ cease, cje-
termi?ie and 6e null and noi~l.
7Ln~ fhe morfga~or I~erehy Jurther coi~enants uncl agrees to pay pro?npl~y when due Ihe p?inciPal and
interest ~nd othe~ sums o) mont•y provided (or in said note und if~is mortgnge, or eithe~: to pay ct1l and
singular the laxes, assessmenls, levies, lia6ilities, o6ligalions. and encumbrances o~ every nature an said pro-
perty; to perm~t, commif or su(fer no u~aste, impairment or c~efe~iomfion o~ said ~and or fhe improverreenta
thernon a~ nny time: to ~PPP IIIP buildings nou~ •or l~e~~a(ier on said land j«[ly i~sured in o seim o/ not Iess ~
~~1Q" its insurable valu~e~
in a rompnny or companies acc~pta e to the mortgagee. Itie poliry or policies to 6e held by, nnd payable
! to, saicl mortgngee, an~ irt ~~@ P[~PRI any sua~ o) money 6ecomes ~ya6l~ 6y vi~tue o( such lnsurance t{~e
~ morlgagPp sleall /~ae~e the right to receive and apply Ihe same Io the inde6ledness hene6y secured, accounting
i lo !he morfpapor for any surplus; to pay a~~ casls, c{~a?ges, and expenses, inc~uc~ing ~awyers ~ees and !il~e
I seurches, reasonably incurre~ or na~d by t~e morfga~ee 6ecause of f~e fai~ure o! the morfgagor to prompf~y
nnd ~u~~y comp~y wilti the agreemenfs, stipu~ations, concrifions ancl covenants o~ saic~ noie anc~ this mortgage,
i
!I or eil~er; to per(orm, comply u~itl~ and abide 6y each uncl every ff~e agreements, stipulations, conditions anc~
covenants set Jorfh in said note and t~is mo?tgage or either. /n fhe event Ihe mo?tgngor jai~s to pay when
due nny tax, assessment, insurnnc•e premium o~ orher sum o( money ~yab[~ 6y virtue o/ said note and this
~i morfgage, or eifher, t/~e morlgagee may pay t~e same, without waiving or a~~ectireg the oplion !o ~orec~ose
4 or any otl~er rig~t liereunder, ~ncl a11 sucl? payments shnjl 6ear interest /ror?~ date thereo~ n1 the highest ~au•-
i
~ (ul rnte fl~en allotued hy the larrs of thp State o~ Floridn.
;j i
:j ~i ony sum o~ mon~y ~~erein re~Pffp~ j0 be not prompt~y paic~ wil{ein ~irty dnys next n~fer
f~e snme becomes due, or i~ each and pl~Qfy ~~P agreements, stipulalions. conditions and covenants o( saic~
note and tAis mortgac~p, or either, are ?iof fully per(orntec~, complied witl~ and a6~ded 6y, tF~en fhe entire
i~
~r sum mentioned in sa~c~ note, a~ecl tleis inortgage, or the entire 6nlance unpaid ther~eon, sl~all Jorthwith or
tl~prtw/tpr, a~ th~ option oj the morfgogee, hecome ancl 6e due and payable, anytF~ing in saitl note or 1~erein
ir fo !~P confrary notwifl~standing. Failure ~y t{~e morfgagee to exercise any o~ the rig{~ts or options {?erein
i; proric~c~ s~a~~ no1 consfilat~ a u~aivpr of any rigf~fs or options under saic, notp or this mortgnge accruec~ o~
fj therenjter accniin~.
i' ~n ~~~~5 ~~~~Ol~ ff~e saic~ morfgaqor ti~s I~Preunlo signetl anc~ sealecr fi~ese presents f~e
c~ny anc~ y~ar jirst n~one ~orifte~~.
.
I .
$i ne~~. sea~e~~ anc~ ~~IDPIPII in Ih~ ~~pSPIICP oJ:
!I
. .---.~e~-~:LL •
' 1-~-- - QD
Ii OSEPH M. FALES
,
- -
f'.
~ - -
~ J
y.~,y / . . 1
~
- - ~
~ --Q----e- ~
~ - -
. - SHANNO . FALES . .
' _ _ - - - - - - ~ - ~ - - - - . - - -
i
I
, I
; ,
° S"I ;~TE UF FL~)RIDA, ~ ~
• cc~t~~TV c>F ST. LUCIE
i
E I HEREBY CERTIFY that on this day, before me, an
~
offi~cr duh• authorizrd in the Statc a(oresaid and in the County aforesaid to take acknowledqments, prrsonally appeared
F JOSEPH M. FALES and SHANNON E. FALES, his wife
's
~ to m~• known to br th~• prrson g drscribed in and who executed the foreqoinK instrument and whp acknowledqed
~ lx~fure• mc that ~lEy PJCCfUIPd thc samc_
i
1~'IT\f.SS my hand and o(ficial scal in thr• County and Stan• last aforesaid thic 11,~1 day of
February, D~ 19 74. ,
; .
. . , ~
; , , ~
; . . _ _ _ -
~ ir • - .
Nota Public
~ r ~ ~ ~
s (r ~ 1, ' ' I
T = ~L~~~n;i - My COmmiSSiOn EXpires:
~ _
_ : . ? ;
- :
f3 i_ t~~: Nofa~r l~b1'i~. Sfot~ o/ Flo.:de et -
~,.p d
' ` Mr Comnwssion F~p Her. i~ ?47i`
~
~ 6onded
br ~ericon F~.• 4 Cosuorrr 4.
; '~~rir~c~~~s;`•' fILEO ~yt~ Kt~aA0E0 I
~ ~ it.lUC~ti ~OUMT~ fLA• i, t
Y
; ~ ~
f; P4 i,;jti C URt
; . CLfFR' -
~tC^Q~ r~c'1~-~--_
FEe 15 14 03 aM'Z~i ~
~ : lqry Q c : ~ ~ ~~3 PAGE 2797
' ~~['t /~J
I