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HomeMy WebLinkAbout0584 ~md s1~tt11 Jx•r~orrn. ra~?~~~1~~ u~ith und ul,idc 1~~~ ev~rl~ ~~u~l rr~•r~~ tlre~ u~~rr~~~ru~?~tz. .~ti~~ulatiaw, run~litiuru ~md t'occ~urnts N~erco~. und o/ t1ii~ murl~;ure, thc?t f/~is u~url~,u~.;r ~uul t/~r r.+tute~ l~c~r~•l,t~ c•rc•uled, s1utU ci~~se, de- termine and be nult a~ul caiu. ~ ~nd t1~e morf~;a~or lu~rcbt/ furtlier coccnunts ~nul u~r~•es h~ ~,u~~ ~,rumptly ~rl?en duc thc principal and interest ar~d otluv st~ms o/ money prouid~~d /or i~~ sui~/ n~~lc a?~d N~i.~ ?nvN~n~'e, or eifl~c~r: b Jun/ a11 a~~d sin~ulur tl~e tarex, aisessri~euts, lccies, ti~tl~ilities, nLli~ulia~4~, u»d c•ru•u~?ibru?~res u/ ec~•r~~ ~iuh~re on suid pro~~- c?t~; to p~rrnil, COlTll4lt or su(Jcr rip u•ustc, im~xtirntc?~f or [Icfcrior[tttO~t O~ said l~inc! or t/re ini~~ro~cntcl~ls tl~ercori ut n?i~~ tin~e; to kc~ep thc b~~il~li?e~s riou ~r l~ere~u/~cr o~i suid la~ul f~illy i~~.~ure~l in u stu~~ oj ?~nt less than Eight thousand and no/100. ~ in a eompnny or comJxmies uere~,tul,le to the morl~n;~~~c. tl~e palic~~ or pvli~•ies to be Iecrld b~~. rrrtrl ~xu~uble to, snicl mort~u~ce, nn~l in t1?e ecent uny sti~?~ af iiu~nery l~~r~•~n?u~s pru)able Gy uirfue~ aj surh inse~runce N~e ?northatiee sl~ull huue the ri~ht to receice mul ~~p~~G~ t/~c xun~e lo Nic i~idel~te~t~u~ss I~erel,J srcured, ucco~u~ting to the mort~u~;or Jor a?~i/ s~~r~~lus; tn Jxry ull cu~ls, rliur~es, und c.r~~e?4~c.c, includin~; /n~c~/cr's fccs und title searc/~es, reasonaLl~/_incurre~l or ~~aicl b~~ tl~e morl~u~c~~ hecuuse of ~l~e /uilure o/ N~e mortga~;or ro prornNtly arul fullt~ ro?nJ~1~/ u•iN~ tl~e u~recmcnts, sti~~u/u(io~i.s. c'O/l(IlllO14S (!li(I COI;CIiI/tilS pf S(IF(j rrotc urtd tlii.s »ro~tra~;e, or eid~cr, tv ~~cr/or~n, coru~ilq u'iN~ ttrul ttbi~lc Lry t~uc•h uird ~~ccrr/ t/rc u~rec•mc„ts, stipulatia~s, c•nndiiio?~.s onr! coccrwnts s~et fordt i1i suid irutc u~ul Niis niort~u~c vr ciflu•r. I~~ NiP curnt N~~ u~prf;;a~;or fuils to pu~/ u~hen de~e ~tnr~ tux, assc.s.t»icnt, insurance premiurn or other s~un oj n~oucy ~u~~fal,le L~~ ~irtuc oj sui~l note ~nd t1~is mort~a~e, or e~iflrer, tl~e morf~~~tice mar~ jxu/ the SQIliE~, u~ithout u•niuin;~ or aQecti»~ tl~e option to foreclose or nny ojlter ri~;ht l~ercuruler, a?ul u!1 sucl~ pa~~ments shatl bcar ir~fcrc.~t fron~ ~la1e thereof nt tl?e hi~;licst ?~~c-- fu! rate tl~en alloiced L~/ ~lie fau~s of the State o/ Floridu. nn~~ .s~~rn o/ nionet/ hercin re~erre~l to be not ~rrompNt/ juri~l ~riN~in thirty dai/s next aftc? tlte same hecomes due, or i~ eac1~ und ecery tl~e u~;ree?ne~~ts, .sli~?ulutioiu, corulitio~~.s nntl cocenants of saie! f10tC UIl(I ~I14S ntort~~u~;e, or eitl~cr, ~rc~ no~ (~~(!J ~~er/or~uerl, compliecl. u•itl~ and abi~led 1~~, theii tlee entire sttrn mcnttonecl in sai~l ?wtc, nnd t/~is nror~;~u;~e, or t/~c entire l~uluncr. un~~ai~l thercon, s)rall jorth:cith or N~ereafter, nt tl~e ot~l~on o/ t1~c mort~;u~;ee, l,ccorne a?id l~c duc ~rru~ prrr~ablc, a~~~drin~ in snid note or herein to Nic confrary no~u•ith.rtu~irlrn;;. l~ai!«re btJ thc mort~u~;ee to e.re~ci-ic anq o/ the ri~;hts or optivi~.s herein ~uouided shall rtot c•ol+stihde u:r~~ie;er o/ ar~r/ rinhts or optio~~.s under sc~id not~ or this raortgn~e accrued os tirereaftcr accniin~;_ ~n ~llll~s ~herenf~ 11ie said mort~u:;or lius I~crcunto si~ncd and seuled these prescnts N~e dui~ and i/ea~ fi~st al~n~;e irrilten. Si~;rted, sculed «nd dc:liccrcd in tl~c J~rt:sence of: 1 i . - . - • ~ ~ ~ z.~.<:-4. - -.._u.,ct.~' _ - - ~ ~C~_c ~i ~ ~:._~~~t~.l.G.=.~-~-_._. _ ~ ~ . ~ - ~ / ~ i , . - _ ~.-r~.. <<..L~~-C.""' _ ~ _ , , _ . ' . . - - ? ~ u ~ . _ ~ ,~::.~f,f~~~i; _ - ~ - - . _ . . . . . _ . . . - - - , . - . . . . _ . _ _ . . . ~ ~ ~ i i , ~ ; STATE OP FL(~RIDA, ~ cot~~~~t~ oh St. Lucie # ~ I IIERf:131' Ci:R'I"IH1' that on this day, lx•fore mc, an 1 otfi~rr :t:~h• autiauizcd in t1x• ti(.?ti• afiu~,.~id and in th~• Cuu~~h• .tfore~.aid to taki~ acknu~?lcd};mcnt., }x~ru~nall}• a~~~x~ared il Elbert G. Ledlow and Effie S. Ledlow, his wife ~ ~ ti~ nt~• I~u~~~~ te t~~ la~ th~• ~x rum S~!~•.~ iilH ~l ~n .~n~l h„ ~~~iY ~t~~•~1 ih~• i~~n ~~~inL nninnn~•nt .u~~l they k~~~~~. ~~~~is;~~t IN~fun• iui• t6.~t they ~•~~•i n!r~l ih~ ..~un• ' ' ' ~~~1"f\!•:11 tnc hau~1 :uul ulh~ t.~l v•.d ~~i Ih~• Gnu~l~ :ui~l til.~h• la~t :itnr .:u~l ihi. 22nd t1,~~~ o( ; ~ February ~ 74 ~ ~~~~J~/.~~~~ ~ 4~ .~"-%-~..+~.`'~.~'71i , . . -~:CC ~ 'y~~, ~ fit; k%i t~A. L : . : s;.~•- • ' " ..a5 ~ L ~ _ r~~;a~ ..2i- ~ ~ . f.'° ~ -l--'~'"'~ ~>s R, ~ _ . ~ • T'•.•. • ~-f-` ~ v ~l R~~ ~ ,:r., _G ~'4`~~' Ff6 Z 9•`_c t~'~~• ~ ' •:ai..) ~ V ~ ~ N ~'5N90 I I C:r:1 224 PAGE i ~