HomeMy WebLinkAbout2554 and s)~al[ J~r/orm, cau~~ly u~itl~ au~~ ul~i~le Ly ~•ucl~ au~l ~~u~•r~ tlu~ u~n•~~mc~if.~. .~li~~tdulio~u. con~litio~u and
co~:erwnts N~ereoJ, and o/ ihis ~iwrt~;u~;e, then Iliis nu~r~~;u~e ~nul llu~ cstulc herch~~ rrcufid, sl~all ceuse, de-
termine and be null aiul ooid.
~ tl~e mort~a~or hercL~/ jurther couenanls a?ul a~rces to Jwy pror»ptl~ u~1~cn due the princf~al antt
lnterest ancl oflicr sun?s of »~onc~ ~~roui~le~l /or in said nate urul II~U ~?~ort~;u~e, or either, to ~~a~ all ond
si~~;uiar tl~e taxes, assessn~ents, lcuies, liabilelics, o1,1i~;aliu?~s, and cra•~u?~b?unccs af c~:er~/ ~u~turc on suul proN-
ert~; fo perrnit, contn~it or suQcr no traste, imJutinner~f or dcleriorafiun o/ suid Iu~~d o? N~e improvemcnts
tl~ereon a~ au~~ iime: to keep d~e Luil~/in~s now or hercaJ~er on suid larul fuA~~ i~uurcd in a stun o/ not less
t1~an
in a co?npany or companies acce~~tal~le to tl~e mort~;a~;ee, tlie i~olic~/ or ~w?icies to l~e 1~elc~ by, and pay~ble
io, sai~! mortga~;ee, and fn il~e evenf any sYim o/ uioiiey l,econ~es ~wyuGle 6~~ ui~~ue o/ s~+cl~ i?~sura?ice ihe
mortgaaee sl~all hove the ri~;ht to receiue ancl upJ?ly tlie sume to die inrleGfedness I~ereby secured, accouiuin~
to N+e mortga~;or for an~~ surplus; to ~wy all costs, churtics, a?ul ex~~c?~ses, inciudin~; laicyer's fees and iiNe
searches, rearorw~~ly incurred or ~wid by Il~e mor1~Q~;ee'becu~~se o/ N~e fnilure of tl~e mortga~;or to promptly
a~ul fu11~~ cornpT~~ ~cith the u~;reemen~s, stipulutions, cor~di~io~4s arul coeenants oj sai~I note mul tl~is »~ortaage,
or eiN~er, to per/or~n, comply ~cith anrl abirie by euch unJ ecery Nie a~;reements> stiputatea~.s, conditio~ts and
couenants set forth in suul note mut this mort~u~e or cither. lri the cUCnt ~he mortgagor fails to ~wy tcl~en
clue nny tax, assessment, insurancc ~~remiune or olher sun~ o/ nroney ~xiyaGle I~~ uirtue of said note a?ul this
mOrtga~;e, or either, t)~e morttiu~;ce may l~uy the san~e, icithout ~cuiuin~; or aBeceing the option to foredose
or any oNier ri~;ht l~ereunder, mul al! such ~x~yrl~ents shaU bear interest frmn date thereaf at ilie hi~hest laic-
fuI rate then allou:ed by the la~cs of t)ie State of Floredu.
any surt~ of money Irerein ~e%rred to be not promptly Jwid ~cithir? ~irty ~Qys after
d~e same Lecorr~es due, or if each and eoen~ tl~e agreenients, sHpulutioi~s, conclitioru arul covenants of said
note an~l tliis mort~a~e, or either, arc not fuU~ pe~or~ned, compfied uiN~ a~ut nbi~led by, then t1~e entire
stmi i?teriteoriec! iri said rwte, anci t/iis mort~abe, or the entire !~a?unce uniwul tl~ereon, slmll forthicitl~ or
therea/ter, at the o?~tion o/ tlie mortgn{;ee, become and ~~e due a~u! J~ayable, m~Jt/iing in said note or herein
to the contran/ ~wtu•etl~standing. Failure 6tJ the morttiahee to exercise an~/ o/ d~e ri~lits or optiorw herein
provirted shall not co~utitute a uaiuer o/ nny rights or optior~.s under sn:d note or d~u mortgage accrued or
therea f ter accruing.
~n ~~~~s ~h~~l~ the said mort~;a;~or har l~ereunto si~;ned and sealed these ~~resents t1:e
clay arul i~ear ~irst abo~:e u•ritten.
Signed, sealerl and detiuered in l~e ~~resence of: ~
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STATE O~ FLORIDA, ~
COUNTY oF St. Lucie
_ ' 1 f(EREBY CERTIFY that on this day, l~efom me, an
ol6«r duly authorized in thc State a(ore.aiJ and in thc G?unty aforesaid to tale ackr?o«•Icdgoxnts, ~x~rsonally appcarc~l
Freeman and Mildred S. Espy
tu uie• kiw~cn to Iw• th~• {x•rW~u Sd~•x~rilH•il in :~n~l ~cIN~ ~•~i~•nt~•J 16~• ton~~uint; iu.trmw~•nt :u~d they ••',:~~-k~x~~.•i~dA~~l
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Ixdum nK• tbat they ~•~~Y~nt~•~I th~• ..u~~i•. j.~
\~'IT\Etiti ~ny- Istnd and ul(ici:d N•al in d~i~ C~~nnt~ :in~) tit:~t~~ I:i~t :~F~~n•~:tid thi. 4th ,-~`.°f
74. ~,y ;
April t~~
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~ St. lU:.~t. ~OUMiY FLA. NOTARY PUI~UC ~TA" ~ . `
Rt~CEfi ~~IiRAS MY CW~AIMISSION EX~tRES 1~ J477 ' f
~ (;t ~UIS ~~~i•:liiT COURT sONDECTHRUGENERAIINSURAN~,l~10ERWR1IE~.S~~• .
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