HomeMy WebLinkAbout2195 and shall pvrJo~m, ~•omply u~ith and abide by each an~ e~~Pry the agreements, stipulalioru, conditioni and
eorennnts IhercwJ, and o~ fhis murtgape. 1{~en Ihis mo?t~aQe and lhe ealale hereby created, ahall cease, de-
: IPIII11I1P A?1~ 6P n~~ll and ~~o~d.
~n~ f~p mortpngo~ herntiy ~url{~er CUl~Pl1A/1~J and agrees to poy prompfly when tlue the principu~ nnd
inferesf anc~ ofher sums o( money proviclecl ~or in said nole nnd ftiis mortgage, or eilher; fo pay a~~ wtd
sin9ular tl~e (AXPS, ass~ssments, lenies, liu6ililies, obligafions, and encum6rnnres of every nalure on said pro-
perly: fo permif, cummif or suLPr no u~asfe, impnirment or deteriomtion o~ snid ~and or !tie improvemenls
thpreon at any time; fo ~PPP ~~P bu~i
cZinfls nou~ or he?pn~ter on ~aid land Jullq insured in a sum of not les~
than Twenty Three Thousand Five Hundred and no/100---------------
in a comp~ny or companies accepfable to the mortga9ee, the policy o~ policies to 6e heW 6y, a?~d ~yable
to, sai~ morfpage~, an~ in !tie event uny sum oJ money becomes Paynbl~ 6y. ~~~t~~ oj such insurance the
mortgagep sl~all f~aue tl~e righ! to receive and apply the same to the inde6tedness here6y secured, aceounting
lo fhp morfgagar ~or any surp~us; lo pay a~~ costs, charges, ant~ expenses, inc~ut~ing ~au~yer~s ~ees and tit~e
searcl~ns, rPnsonn6ly incune~ or paic~ ~y fhe morfgagee because of the ~ai~ure o~ the mortgagor fo promplly
ont~ Ju~~y comply u~~~h ~hp aAreerreents, sfipu~alions, conc,itions and covenants o~ snid note and thts mortgage.
or eilhvr: lo pPrJorm, comply will? and a6ide 6y eacl~ and erery t~e agreemenfs, sttpu~ntions, conditions and _
c-oi~enanls spt (orfti in said note and this mortgage or eitl~er. In the euent ~he morlgagor (ails to pay w1~en
due any tax, assessmpnt, insurnnce premium or other sum o) muney pnya6le 6y virtue o~ said note ancl Ihis
morfgage, or either, ttie mortgagee may pay f~?e same, wifhouf iuaiving or aj(ecfing f{~e opfion to ~orec~ose
or ~ny othpr righf her~under, anc~ all sucti paymenfs shall 6ear interest from date thereo~ af fhe higl~est law-
~u~ rnfe f{~~n a~~otve~ {~y I~e ~atus oJ !{~p State of Florit~a.
` thirty 3
~L nny sum o~ money herein re'PKP~ ~O ~e nof prompt~y paicr wilhin ~ays nexf a(ter
th~ snme ~lPCOR1P3 due, or i( each nnd enery fF~e agreemenls. slipulations, conditions ane~ covenants o~ said
nole and ~I~is mortga~P. or either, are not (ully perJormed, complied witl~ and a6~d~ 6y, t1~en the entire
sum mentioned in said note, ant~ this morlgage, or Ihe entire balaqce u~paicr thereon, shal~ fort{~with or
t~ereaJter, nf fh~ option o~ Itip mortflag~e, hecome ancr be d~ie and paya6le, anyftiing in snid note or herein
to 1{~e confrary nohrifhsfanc~ing. Failure hy fhe mortgagee fo exercise n~y o~ f~e rig~ts or options herein ~
pro~•ic~ecl s{~n~~ no1 ~onstifufe a u~ai~~er o~ any rip{~ts or options unc~er saic~ ROIP or ftiia rnortgage accruec~ or
t{irreajl~r accruinp.
~n ~itness ~hereof~ fhe said mortgagor has hprpi~nto siqned and sPaled these presents tl~e !
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A I STATE OF FLURIDA,
~ St. Lucie ~
~ ~ COti \TY OF ~
~ I}~EREBY CERTIFY that on this day, before me, an
~
~ i o[firrr dulg authorized in the State• aforesaid and in the County a(oresaid to tak~ acknowledqments, {xrsonally appeated !
~ ~ George Siamas and Xeni Siamas, his wife ~
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ij to m~• known to !x th~• pr~rson Sdrscribed in and who executed the (or~qoinq instrum~nt and theY acknowledged ~
be(or.~ me that they ~c~cut~d the same.
~ ,
~ ~~'IT\ESS m}• hand and of(icial seal in thr County- and State~ last a(oresaid this 8th day o!
' March A• D. 19 74 ~
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