HomeMy WebLinkAbout0736 and slutll perform, eouij~ly tcit)i urul uLicle bq eucb and ecer~ ?he.' u~;r~~enicnt.e, sti~~t~lations, coiulitioiu anc!
cove~wnts thereo/, and o/ fl~is mort~;uRe, then d~is mart~;u~;e und d~~ cstatc hcrcl,~~ created, shall ceuse, de-
termine anci Ge null arul void.
~ ihe mo?tba~or l~ereLy fu?t1~er couenants a~ul a~;ree~s ~o ~w~ p?omj~~l,y wleen due t1~e principal and
interest and other sun~.s o/ moncJ prouuled for in sa~l note u?ul th~s v?ort~;a~e, ar eitGer, to ~wy a1l ant~
singular tlie faxes, assessn~ents, lecfes, linb~lifies, oLli;;ueiv~?s, and euc~tu?~t~rances o/ eu?r~/ ~wture on suirl ~~rop-
erty; to pcrmit, commit or suQer no icaste, imjwirn~ei~t or deteriorafion o~ said land or flie improvements
ihereon nt any time; to keep the huildin~s now or 1~erea/ter on sai~1 lanrl fuUy i~uured in a n~m of not less
than Twenty Six Thousand and no/100------------"-"
fn a comJwn~ or com~wnies acc~epta~ile io tl~e mortga~ee. i1~e polic~ or J~olicies to be hel~i Li~, urul payable
to, said mortgagee. and in ti~e euent uny su?n oj ~»oney l,eco~ii~s )~ayaGTe 1~y ~irh~e of sucl~ i~~.si~r~nce ilie
mortgagee shuU ha~e the ri~ht to rec~eioe and nppl~l the snnie to the indebtedness hereLy secured, occounting
to tl~e martgo~or for any surpli~.s; fo pay ntl costs, char~es. a~u! expenses, including lawyers fees aiul fitle
searches, ieasona~ly incurred or Jxiid 6~~ ihe mortRn~ee Gecause of fhe failure of the mort~;agor to promptly
~ and fe~lly compiy u;ith the a~reements> stipulutioru, condirio~u a?ul couenants of saul ~wte au~ t1~is mortgage,
or either; to perfonn, com~Iy u;ith a~ul aGule Gy euch and ecer~~ the agreements, stipulaiions. conditions and
cvve?wnts set forth in said note a~ul this mort~age or eitl~er. In Nie event tl~e martgagor fails fo pay t~hen
clue any tax, nssessment, insurance ~remium or oN~er sum of rnone~ jwyal~le by vi?tue of said note arul t1~is
mortgage. or eitlier, tlie mortgagee may Jwy tl~e snme, uythout ~caiuin~ or aBecting the o~tion to forectos~e
or m~~ other right hereuruler, a?u~ aIl such ~ayme~~ts s1~aU Lear interest from date ll~ereof nt tlee h~hest iaic-
ful rate tlien allou;ed by the lau;s of the State of Florida.
oruJ sum of mone~~ I~erein re%rred !o be not promptly Jwul ~cithin thirty ~~S ~er
the same becornes due, or if each nnd e~enJ die agreen~ents, sti~n~lations, con~l~tions aruI coueruinfs of said
note and ihis mort~a~;e, or eitl~er, are not fuIleJ performed, comNlied icith and abicied by, then ihe entire
sum menfio~~ed in said note, ancl this mortgage, or tl~e entire balancc ~rn~wut thereon, shall fortliuitl~ or
ihereafter, at t1~e option of the mortgabee, become and be clue a~ul JxieJable, nnything in saicl note or herein
to t1~e contrary noticithstanc~ing. Failure Gy tl~e mort~;a~;ee to exercise an~ o~ tlie rights or options herein
prouuled slial! not constitute a uainer of any ri~;hts or optior~s uncler saicl note or thu mortgage occrued or
tliereafter accruing.
~n ~itness ~h~reof~ the said mori~u~;or has hereunto si~ned arui sealed tliese presents the
elay and year ~irst above icritten.
Siened. ~ealed and cielivered ~
fin the J~resence of: ~
; _
--7A - - - - _ _ . _ ~
~
~ - - - - -
_
~
STATE O~ FLORIDA, ~
covrrrx oF St. Lucie
I HEREBY CERTIFY that on this day, i~efore me, an
I o~cer duly autM~rized in t}x State , aforesaid a~xl in the County aforesaid to take acknow•ledgments, persona~lY appeared
' Laura B. Hancock
; to nN• kiH?~cn to Ix• t{„• ~x•rw~n d~~+crilx•d in :md ~clw~ ~•~i~c•~dr~) tlK• fun•~oine imtnmNmt and 5~,1@ :n•kix~~rleci}Crtl
i Ix-fon• uM tiw?t She t'\lY'l1~lYI QN• .:u~n•.
7th day of
~ ~~'IT\Etiti iuy hand and ul~ici.d x~:d in th~• Cunnt~~ and Stati• la,t af~~n•vu~l this
~ ria?y .a. i~. ~~~74
~ ~
F
` Notary Pc~i:, S:ate oi F:azda at Luq~
' +~9
~Y Comn:i:si~a ~,rpiras i.~ar. 23, 197b
; w.e.e ~r a~..+~.~ rK. a cu~,.rr ~ -
~ FILEfl Alt~ RELCs1DED ~ ~ -
~ ST.tUCiE :~L'MiY FLA. `
ROC~~ ~~~:TRAS ~ _ . y:
~ 1 ~ ~ ~ i
CIER~ ~U;7 C4URT ;j ~4,,~.
~ Prr~RZ V~'~ftE~~,.~..,~,~~ • • _ ~ '
~ -
•
~ l~ur 8 'l iiPM'1~1 ~ ~~o ~~J~`~
@ , u1:'; ~ : _
,
. :;~~y ~ ;
~ :
~~'t-.,~:,,~L.~?•~,,~ ~
- ~~6~.~. ~
' • • • •
BOOK PAGE 7J~ ''/•,~~NI~J~~~~~~ ti~~~,:
o R 227 ~ . '
~
_ . _ - . _ r
_ ~ .11=r..=--'^"'r ' i
X<
'
'
'
'
..c_ ..i'~>