HomeMy WebLinkAbout2719 a~~ sliaU perjorm, comp~y wit~~ an~ ahii~p ~y each anc~ every f~e agreemenfs, stipu~al+on's, condilions and
c-o~~enants tl~ereoj, and o~ Ihis mortgas~e, 11~en Ihis mo?fgage and the estate here6y crentpc/, shnll cease, de-
te~mine anc~ ~~e nu~~ m~c~ t~oi~~.
~11NL Ihe mort~a~~o~ ~~~rnE~y ~urlher cov~nanfs and agrees !o Fay prompfly u~hen dus ll~e principal and
interesl ancl ot~~er sums of monc~y proi~i~e~ ~or in said nole and f{~is morfgage, or eifher. fo pay a~~ and
stngular t{~e ta.res, assessmer~ls. Ievies, IiaGililies, obli~afions, and encum6rances o( every nature on snid pro-
perfy; lo ~ermit. commit o~ su~~er rto u~asl~, impairmen! or ~eferiornfion o~ saic~ ~and or ftie improvements '
Il~erncn at any fime?; to k~pn ihP bui~clinns noio or hereaf t~r on saicl ~an~ ~ul~y insure~ in a sum of nol ~esa ;
than FUId. INSURABLE VALUE i
in a i•omp~ny or. compani~s acc~pla~i~e fo i~~e mortga{~ee. I~~e po~iry or po~icies to 6e held 6y. and payn6le +
to, sni~ morfc~age~, an~~ in I~~e enen! any sum o~ money ~ecomes ~,ya61e 6y i~irtue oj such insurance the ~
morfqngee shall h~~~e tl~e ri~ht to ~PCPII~P arid apply the same to !he Inde6tedness I~ere6y secured, accounting
!o t~~e mortga~u~ (or any surp~us: fo pay a~~ cosfs. c~~arges, anc~ Pxpenses. inclu~Iing lau~yer~s ~PPS ane~ fit~e
seum{~es, reasonaE~~y incurrncl or ~Qid 6y ih~ morfgag~e tiecausp oj the ~ai~ure o~ Ihe morlgaflor !o prompi~y
ant~ ~ully ~•omply u~il{~ t~~e a~~re~menfs, sfipu~alions, conc~itions ancl co~~enanis of said riote and this mortguge.
or ~it~ier: fo pPr(orm, comply ~oif{~ and a6ide by eac~~ and BDPIy I~ie agreemenls. stipu~ations, conditions ant~
f0!'P?lAl1~S SP~ jOI~~1 1?1 SQIA f10~P an~ fhis ~IIO~~QQ(jB O~ ~ilher. In IIIP FI~PRI II16 mortgagor ~At~ (O pay U~hen
due any ta.r, ossessmi~nf, insuranc~e premium or afl~er sum oJ money payab~e hy virtue oj saic~ note and lhis -
~ mortgage, or ~it~~er, Ihe mort,ryayee may pay Ihe same, withoul waiving or a~(c~cting I~e opiion fo ~orec~ose
` or any AI~IP~ flql~t I~en•unc~~r, nnd all such paymenfs s{~all bear interpst (rom dnte 1{~erewf at the I~igl~est law-
~(ul mfe Il~~n ~Ilou~ed hy Ilu~ la~rs of tlu~ Slate o~ Flo~i~la.
~ ~l «ny sum of mon~v {~~rE~in rf~(~rmc~ lo ~~e not pmmpt~y paic~ within 30 ~ays nex! a~ier
~ 1{eP samP be~~-om~~s du~, or i~ each and ~~~ery fl~e a~reemenfs, slipulations. conclifions arul coi~enanls o~ said
not~ and tliis morlc~ng~~, or ~i1h~r, nrr not jully per(ormed, complied witf~ and a6ic~ed by, tl~en thp entire ~
( sum menfione~I in said not~, ancl this morl~a{~~, or the e~tirn balance un~wid thereon, shaU fo~hu~~~h or `
thprea(ter. al 1~~~ opfion o~ t~~e morf~ag~p. ~~pc'ome an~ he crue and paya6le, anyt~ing in sai~ note or {~erein ' {
fo ~orelrorv notu~iflislanc~iny. Fai~ur~ ~~y t~~~ mortc~age~ fu exercise any of f~e righfs or options tierein
pr4~+ic~ec~ s~~a~~ nol constilulr uMi~+~r oJ any riryhfs or opliorts un~Ier sai~ nof~ or t{~is mottgage acrrue~ or
i{~er~ajler accruin~.
~ ~n ~itness ~hereof~ I~u• snir~ morfgn~~or ~~as {~erPUnto si~~ne~I an~ sPale~ fhese presents t~e
~~ay an~~ yrar ~irsf n~~ooe u+riflen.
SIC~IIPI~. SPAIPI~ ant~ r~~~it~i~r~~~ in t~~~ prc~si~nc~~ o'_ . -
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M. W. STAP TO
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~ STATE OF FLORIDA, ~
COU\TY (~F ST. LUCIE ~ 4
~ 1 HEREBY CERTIFY that on this day, before me, an y
~ • ; of(jcer duly authorized in the Statr aforesaid and in the County aforesaid to tak~ acknowledqments, p~nonally appeared
, M. W. STAPLETON, a married adult
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~ _ '••to tti~ fenown to Fu the person descritxd in and who eaecut~d the [orcqoinq instrument and ~ acknowledged ~
.
.3 ~t j. 'beSo{p fne that ~ ~x~cuted the same. LC
O' ' ti 1 = Q H~I7'~ESS m~ hand and of(icial scal in thi• C:ounty and Statr last a[oresaid this i U day o(
U` ~ ~'ar~ch A. D. 1974.
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' Notary u 'c.
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My Crnrmission Expires: ~
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