HomeMy WebLinkAbout2846 and shall ~~cr/orm, corn~~li~ ~riN~ ~uul ui,idc 1~~~ euch un~l ~~crr~ thc u~rcci?u~ntx, sti~n~lutio~u, ca~ditio?u and
covenants thereo/, and oJ tl~is ~uort~;u~;e, tlien tl~is u~arf~u~c uiul IIIC c~tat~ I~crcl~t~ C~CAtCII, s1ia11 cease, de-
termine and l~e null ancl voiil.
~ the mort~;a;;or liereGy /urtlre? cooenunts u?ul utirces ta jxiy prarnpN~ ichen due tl~e principal arul
interest and other sums o/ maicy proueded /or iri said ~u~te ~uu! Ni[s n~art~;age, o? eiN~er; to ~wy all aiui
singttlar the faxes, asscssn~e~afs, lcuics, IiuGilitics, obli~otiu~?+, uud cncumbrances o~ cu~n/ ~wture on suul prop-
erty; to pennit, comn?it or suQcr uo uaste, nn~wirn~cnt or dcierioration of saic~ lund or tl~e i~nprouen+ents
thereon at any time; to keep N~e ln~ilclin~;s now or hereu(~ er on sued lund ~ull~ i?~sured in a swn a~ not lcss
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than Three T:~ousand and no/1
in a com~wny or com~wnies acceptublc to tl~e ~nort~;a~ee, ihe ~~olic~~ or j~olicies to be lield 1~~~, a~id jx~~~able
to, said mortgagee, and in d~e ecent any nun of moriey becornes ~wyal~le ~y virtue of suc1~ i?uurance ihe
mortgabee shall have tlie ri~;ht to recei~e an~! ap~~l~j the surne to d~e inrlebtecl~iess hereby secured, accountin~
to tGe mortga~;or for any s~~ry,1~~s; io ~wy al! costs, chur~es, u~ul ex~~enses, inchuling lutcyer's fees a~ul title
seurches, ieasoiwl~ly incurred or ~wic! 1~~/ the mort~;a~;ee l~ecuus-e o~ the ~uilare of the niortga~;or to promptly
and fuAy compli/ u:ith ihe ugreeinents, stipulntions, conditioru a~ul cucena?its of sairl note arul tl~is martga~;e,
or eitleer; to per/onn, com~~ly icith a?ul abide 1~~~ euch and c>oer~~ tl~e u~;reements, stipulateo?u, conditio~u uncl
couerwnts set . fortH in said note arul t/~is mort~;~~~;e or eithcr. In tl~e eoent tlie mortgagor fails to pay irhen
due any ta.r, assessn~ent, insY~rance premium or other suni o/ moucy ~wyal~le b~ virtue of said note and fliis
mort~a~;e, or either, the n~ort~u~;ee maf~ jwy the same, ~cithout icaiuin~; or a~ecting tl~e option to foreclose
or any other ri~let hereunder, arul a!I suc/~ ~wyments shnll beur interest frorn date tliereof at ihe hi~hest la~c-
fuI rate then allowed by the lau;s of ihe Stute of Florida.
~L any s~n?~ o/ ~~ioney l~erein re~erred to be not ~~rompNy paul ~ritl~in thirty ~ja~ Qfte?
tlie same becomes due, or if each and euery~ tlie n~;reemerits, stipulatio?u, co~u/itio~~,s and covenants of saicl
note arul d~is morttiare, or either, are riot fully per/ormed, cornplied ~cith a?ul abeded by, then t1~e entire
sum mentioned en suid note, a?ui this ~nort~age, or t)~e e?itire l~alunce unlwul thereon, shall forthicith or
thereafter, at tlie o?~tion of tl~e mortgagee, become nnd be due a?uf ~w~~able, anyihing in said note or )ierein
to tl~e contran/ notu~ithstanding. Failure ~itJ the mort~;a~;ee io exercise nny of the ri~lits or o~tions Ieerein
prouirled shall not constitute a uaioer o/ any ri~hts or o/~tions under said note or tliis mortgage accrued or
tl,ereafter accruing.
~n ~~~~s ~h~0`~ the saicl morttiu~;or l~ns 1~ere~~nto sirned anc~ sealed tliese presents ihe
day a?ul year ~irst aboce ~critten.
Signed, scaled and delicered in dae ~~resence o/:
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STATE OF FLORIDA, ~
cov~'rv oF St. Lucie
1 HEREBY CERT1Fl' that on this day, before me, an
offi~rr d~dy audr,rized in t}x~ SGitc afon•said and in the County aforesaid to tal:e arknow•icdg~nents, personall}~ appcarecl
Robert L. and Sally A. Stokes, his wife
1 to IIM {.IN7\\Il to la• dK• {x•r.~m S di•K~rilx•il in an~l ~~I„~ ~•~~Y'ut~vl tln• fumLUin~ imtrunN•nt :~n~l tyey ack~w~clcYl~t~1
lHdum irn~ t6:~t they ~•~~rut~•d t6~• .au~i•.
~~'1"f\EtiS nn~ hanil :~ml ul(icial ~:d in th~• (:uunh :m~l tit:d~• I:t.t atun~ti:ud thi+ 24th day o(
May t~. i~~ 74
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~ ~q.-.~v c~~~•'° ~T'~*;•C`f FL6RIDA At tARCa~
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