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HomeMy WebLinkAbout2557 ~ anc! s1ia11 ~~crform. compiy tcitl~ und uLide hy ruch u~~ii ~~ccr~~ ~h~ u;:n~t•~~ir~Us, atiJ~aiutio?~s. co?ulitioiu and ~ covenants thereoJ, and o/ ~his ~i~orl~n~e, tGen N~is ~uor~~u~e un~1 ll~c c~stutc~ lienrb~~ creuled, sGall cease, de- ~ termirie aiul l~c null and coid. ~ tl~e mort~;a~or l+ereLy /urtl~cr coue~wnts und a~recs to ~~ay prornpt~~ icl~en due tl~e ~rincipal arut interest and other sams of n+oncJ prouidcd far in suic) note u~ul t1~ix niort~a~e, or cillier; to ~~y al! aixl ' singular tl~e taxes, assessuien/s, lecees, leabililics, ol,li~;ulio?~s, and cncu~~~brareccs a/ cceri~ rwture on suul prop- erty; to pennit, com?nit or suBer no icuste, in+~airniei~t or dclcriorafion of said la?ul or the improvements fl~ereon at any time; to keep Nie buildi~~~;s now or hercu/fcr on soul land JuIG~ i~uured in a suuz of not less ihan in a com~wny or companies' acceptuLle to the mort~;a~;ee, the policy or J~olicies to be l+eld by, and ~xri~able to, saui mortga~;ee, and in tl~e ecent ui~y s~u?n o/ moriey becomes ~x~yal~Ie by oirlue o~ suc1~ i~uurunce the mortgagee shall l~a~e t)~e ri~l~t to receioe and appG~ the same to tl~e indebtedness hereG~ secured, accounting to the mortgn~;or for any surplus; io lwy al! costs, cliar~es, n?u! ex~~enses, including laicyer's Jees arul title seorches, reasoruibly i?uurrerl or ~wid Ly die mort~a~ee because of tl~e failure of tl~e ~nortga~or b promptly a~ul full~/ complt/ ~citl~ the a;;reements, sti~~ulatioi~.s, con~litia~~s and cocenants of sui~t ?~ote a?ul this mortga~;e, or eit)ier, to ~~er/onn, comply tciNi a~ul uhide by cud~ und ecer~~ tl~e u~;rcen~ents, sti~~ulaleons, conditior~,s and conenants set forNi in saicl note a~ul tliis morf~;u~;c or eithcr. /n N~e event die mort~;ogor /ails to ~w~ tchen due an~ tax, assessrnent, insy~rance preniium or other seern of rnoncy jwyable 6~~ virtue of saicl note nrul tl?is mortbage, or either, the mort~o~;ce may Jwy the samc~, ~ciN~out u~uivin~; or a~ecting the option to /oreciose or an~ other rrrht liereunder, drul al! serch ~wy?nents slrall l,eur interest frorn date tliereof at ihe hi~1?est la~c- fu! rate lhen allou~ed I~y tlfe laii;s of tl~e Siate of Florida. an~ sum o/ money I+erein re/erred to 6e not >>romptly ~wid ecitl~in thirty days next affer the san~e becomes due, or ij each aru! euen~ Nie a~;reements, stipulutio~~s> co~ulitiau u?ul cooenants of said nofe ~nd t/~is mort~;u;;e, or eitl:er, ure not /~ill~ ~lerforn~ecl, COTiI~)I!C[I ei•ith a?ul a~ided by, ihen the entire suni nle~eteone~l i~i said note, a~ul d~is rnort~age, or the entire balu?ice un~wul d~ereon, sha11 forthicith or tliereafter, at the option o/ the mortba~;ee, become and l~e due nrul JwyaGle, anrJtliing in sairl note or herein to t?ee contranJ notu~iN~standin~;. Failure l~J tl~e rnort~;u~ee to excrcise anJ o/ tl~e rigl~ts or oNtions herein prouuled shnU r.ot coi~.stittete a uaii:er o~ any ri~;l~ts or optior~.s under said note or tliis mortgage accrued or thercafter accrui~~. ~n ~itness ~hereof ~ tlie saic! mort~a~;or has 1~ereunto si~;ned a?ul sealed these ~resents t1~e day a~ul year first al~ooe ~i'ritten. Signecl, sealed und delicered in the ~~resence of: ~ ~ - ~ J ~'-f :~.C-,~~:.~ - -~-L'-- - - . - ~ - _ L~~-G---- ~Y.--.--- - ~ ~I ~ , - - ~ . . . . . - i ~ ~ ~ ~ ' ~ STATE O~ FLORIDA, ~ COUNTY OF 3 St. Lucie ]}~EREAY CERTIEY that on this day, Ucfom n~e, an ~ off'imr d~dy autFN~rizrd in the State afom.aid and in thc County aforesaid to take ackrww•kYlgnu~t., peru~nally appearecl Earline Nicholson and Carlton Jenkins _ ~ tu irn• kiw~~cn tn IN~ IIN• ~x~r,o~~g ~I~•.crilN•d in :~uil ~~fK~ ~•~~Y•~d~~~l t6~• fun•~ni~i~ in.lruirn•nt :u~~l theY a~=kna.vt~1R~1 : ~ Iwdun• ux~ tl~:~t they ~•~~rutc~l ih~• .:~mi•. ~ J ~;1~,},~''~,, ~1'1"I~~Etiti my h:~nd :tnii u!(ici:d x:d in tl~~• C~nu~h :~nil tiL•d~• I:t~t :d~~n•.vd thi~ 29ti1 vf _ {j _ ~r . April 74. ~ . ; _ 2~Ch7 ~ ~ •O ~ ~ ~ / ~ ~ ~ ~..t_ - = s ~ ~-~~C~ - ;`EC~- ~ ~ r~~_ ,.•r)~d L . _ - Si .•h : ~ FIA. -ccsa~~A A? L~~t - S P.i,` •i(~S NG' w _C .~c.+" SA9R~~•~t9'.7...~ + ~ f.t. ~ iI . . C_„RT GCNDED iH~iJ G:v-*.•~ •:~~•.iAtvC~ UC10~'X^"QS : ~ a- . ~ . ~ . i ~ APR J t~ 35 ~H'j~ ~ ~ ~ ~ r~ ~ X 2 ~ a~ 225 r~2551 ~ ~ _ , . . ~ . s~~~~r~.~ - ~.~.,~~k -~~.s ~ ~ ~ ~ ~ - ~ ~ = ~ ~ ~ b . W _ ~ ~ ~~e ~ _ . : -