HomeMy WebLinkAbout2696 and sl~a~I perJorm, comply u~ilh arid a6ide by ~h and e~~ery t~e agreements, alipulultoni, conditions and
co~~enants tl?ercw~, and of Ihis mort~a~te, If~en fhis mo?tgage QR~ IhA estata I~ereby rrnated, sliull cease. ds-
~P/I111t1P Afl~ tiP nu~~ an~ ~~oi~.
~ I~p mo~tga~or ~ierv6y (urlhe? covenants nnd ag?~ees fo pay p?omptly when dus the principn! and
inferesl and olher sams o~ Money provi~ecr jor in satc~ nofe and Ihis morlgage, or elf~er: fo pay a~~ a~d
sin~u~ar f~e fnxes, assessmenfs, ~evies, ~ia~i~iiies, ob~ipaftons, anc~ encumb~+ancea of evory nature o~ said pro-
perty: to ~rmil. commil or su~~er no waste, impairment or dete~to~tion of snid land or the improvemenb
Iherncn at any Iim~: fo Irepp Ihe buil~linfls nou~ or he?pa(ter on ~aid land jully insurecl in a sum o( nol Iess
fhan N I L
i~i a~-ompany or ~ompanies accepta6le lo Ihe mortgagee, the policy o~ policies to 6e heW 6y, nnd paya6ls
to, saic~ morfgagee, an~ in the event any sum oJ money becomes ~ya6l~ 6y ~irtue o~ such insurance itie
mortflagee shall hane Ihe right fo receiue and apply Ihe sume to Ihe i~de6tedness here6y secured, accounting
to f~e morlga~or ~o~ any surplus: io pay aQ cosfs, charpes, anc~ expenses. ~ncluding ~awye~ s(eea and ttl[e
SPAIChPS, reasonati~y inc~wrec~ o~ pnid 6y the.morfga~ee hecause o( the (af~ure o~ ttie mortgagor to prompl~y
• and (u~~y comply u~itl~ !he agreements, sfipu~aiions, conc~itions anc~ covenanfs o~ said note ane~ f~is mo?fgage,
or either: to per(orm, comply wit{~ and abi~Je by eacl~ antl enery the agreements, stTpulations, eondifions and
covena?~Is set jortF~ in said nole and tl~is morlgage or eill~er. in the e~~ent the mortgagor (nils fo pay when
due nny ta.r, assessment, insurance premium or otl~er sum oj money pnya6le 6y virtue oj said nofe and fl~is
mortgage, or eil~ier, t{~p morlgagee may pay fhe same. iusthouf waiving or af(ecfing the option to ~otec~ose
or any olher ri~I~t hereunder, and all such payments shall 6ear interPSt lrom date Ihereoj at the I~igl~est lau•-
~ll~ ~Q~P Ihen Q~~OiI~~ ~V (?lP ~AU?S Oj ~hP S~pIP O~ I'~O~l~Q.
~L any sa~m o~ mon~y I~erein re(PfrP~ IO he not prompt~y paic, witF~in thi]cty (30) daqs next nf fer
i6e same be~-omps dup, or iJ each ancl et~ery the agreemenfs, stipulations. condilions and rnvenanls o/ said
note and Ihis mort~a~~e, or either, are not Jully perjormed, complied u~itl~ and o6~ded 6y, lhen t1~e entire
sum mentioned in said note, and t{~is mo~tgage, or the enli?r 6alance unpaid thereon, shall ~orl{~will~ ur
tf~erea)ler, at the option oJ the morlgagep. 6ecome and 6p due and paya6le, anything in said note w I~e~ein
to the conlrary notu+iihslandinQ. raiiure ~y t~e mortgagee to exercise any of fhe rig~ts or options herein
proni~e~ sha~~ nof conslifulP a u~ait+er oJ any righls or opfions unc~er saic~ note or f~is mo?tgage accrued or
il~ereajter accruing.
~n ~~Ul~ ~~Ol} II~P said mortctagor hns 1~erPUnto signed and seale~l these presents Ihe
cray an~I year ~irst a~o~~e u~rilfen.
Signed, sealed and tlelirerecl in !?~e pres~ncp of :
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STATE OF FLORIDA~ ~
COLT~TY OF ST. LUCIE
I HEREBY CERTIFY that on this day, before mq an
o(fi~cr dulv authorir.ed in the Statr aforesaid and in the County aforesaid to lak~ acknowledqments, personally appearcd
CHARI.ES DEL LELLY and BETTY M. LELLY, his wife ~
to me known to tx the persons described in and who f7CffU~fd the forcqoinq instrument and Wh0 acknowledged
befor~ me that they cx~cuted the same_ _
~~'I"1'\ESS my hand ancl oificial seal in thi• C:uunty and Stat~ last aforesaid this 24th day ot
MSy ~ A. D. 19 7 k.
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FILE~ : Yb ucCCROED . . . --~=y~•'--~---•-•-••-••----....
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SL ~I~C~E :1~~kTt' Fl~. p. rary pu ~~j .
~ } cG.,~~ ~ ? TRab~ ~
~ D C ~ .,.u. CC~RT
~r.ri~~ ~y H Commission Fac ires: '
MAr 2~ 2 sa PH'~~ y p `
NOTARY PUBLIC, State ot Florida at Lar~e
~ ~~IC7i?7VllV ~ t"v Comrn~s;ion Exp;res Decembe? 18. 1976
V~nAtd Tnru AI~TR PW~e~.IfiSVRANCE CO.
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