HomeMy WebLinkAbout2557 and slinll ~H•rforu~, co»i~~G~ u•ith ~uid ul~idc I~y ra~•h ~uul e~rr~/ 1he~ u;;rreu~c~Ns, xlipuJufio~~s. ~•ondilio~u and
cocenants tl~ereo/, and oJ fl~is ??i~rt~a~e. Ihen tl~u u~urt~u~e u~ul tl~c e~stut~~ IuvrG~~ ~•rcuted, s)~ull ce~~.se, de.
tennine and l,e null ancl coi~L
the morttiatior hereby furtl~er cou.~n~nts und ntirccs lo ~~uy ~?rnmptly irl~cn due the Nrincipal and
interesf urt~t otl~cr sy~nis o/.N~o~ic~ J?rouiclcd /ar iu sai~l nate arul lliu niort~;u~e, or either; to ~xiy all nnd
sin~;ular the ta.res, asse~ssn~eulx, lecics, ?iul~ilitics, obli~atiu?~.s, ~inil c?u•tu?~brunces oj ecen/ iutture ai suid prop-
ert~; to ~~ermit, com?nit or suQer no icusee, iu~~xiirmene or detc~riaration o/ suid l~~nd or ti~e i~?iproue~nents ;
thereon at un~~ tin~e; to kecp tlie Guildin~s now ar Gereu/fer mi suid la~ul /ull~ i?~sumd in u sum of not less
iltun ' •
in a comJ~ny or com~~nnies acceptuble to the mnrf~a~ee, t1~e ~~olic~J or ~wlicies to be leelel l~y, nnd J~a~~nble .
io, saul mort~a~ee, and in the e~;en~ dn~~ syim o/ uroiiei/ becornes ~xryable by virtuc Of sttcli i~u~~runce ihe ~
mortga~;ee shall hace the ri~;ht to reccice ond a~~ply the sarne to the indeLtedness hereLy secured, accoe~ntin~; F
to the niort~;n~;or for any surpl~~.s; to ~wy nU cos~s, clwr~es, un~I expe~~.s~es, incluclin~ la~i-yers fees a~uf title ~
searches, reasonal~G/ i~uurred or ~wid l~i~ d~e mort~atiee becuu~~e o~ the /ailu?e of the ~nort~;aror to prom~tly ~
diut /I/lll~ COfTI~)II~ icit?~ ihe a~recmcnts, sti~~ulatioru, C0/1(II~fp11S QI![I COUCI1QIlIS Of su&I ~wte und thu »iort~o~c, ~
or eitl~er; to ~~er/orm, comph/ tcith atu/ abide by cuch and ecer~~ d~e n~;reeme+~fx, stipulatio~u, co~ulitioi~.s a~td ~
covenants set forth in said note urul this morlhu~;e or eithcr.-/n tl?e evcnt tl~e niorttiagor fails io ~x~~ icl~en ;
due any tu.r, assessrnent, insurnnce preniiuni or other sun~ o/ rnoricy Jwyable by uirtue of said note a~ul thu ~
mort~;age, or either, the morttiu~ce may ~xli~ the same, eciehout u~aiuiu~ ar uBectinti the optiai to /oreclose ~
or an~ other ri~ht liereuruler, nru[ ull such ~w~~me?its sl~ul! Gear inlerest Jram date tl~ereo/ at the l~i~hest. la~c- ~
ful rate then allo~ced L~~ Ihe la~cs of the State o/ Florula. ~
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~L ant~ su?n of money hercin re%rred to l~e not promptl~~ ~~ni~l u~ithin thirty days next aftcr ~
the same hecomes d~re, or i/ cacl~ mid even~ the a~;reen?ents, sfipulutioi~.s, co?ulitiotu aul cot~enants of said ~
note and tl~is mort~o~e, or eid~er, nre no~ ~ull~ ~~er~ormed, complied iriN~ arul abideci bJ, fhen t)~e entire `
st~r?i rnentioried iii said ~wtc, ~nd tl~is n+ort~uge, or the entire l~ulu?icc tu~i~u! N~ereon, s)~al! /ortl~tcitli or {
d~erea/ter, nt tl?e ot~~io?i o/ t?re mortgu~;ee, becorne and be due arul Jw~~able, an~thin~ in snid ~ote or l~erein ~ -
to tl~e contran~ not~rithstandin~;. Failr~re b~ N~e mort~a~ee fo exercise any o/ the ri~/~ts or optio~~s herein ;
,~rovuled sllul! not coi~.stitute a iraioer o/ an~ ri~;hts or optio».s under said note or ihu mortgage accn~er~ or ~
N~erea~ter accri~in~;. a
the said mort~u~or has l~cre~mto si~ned and sealed these presents i1~e ~
~n ~itness ~hereaf,
day arul year first al~oce u•ritten.
Si~ned, sealed and rlelicered in t/~e presence o/: ~
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~ STATE OF FI.ORIDA, ) ~
~ COUNTI' OF t ?
~ St. Lucie ~]{;ERERY CERTIFI' that on this day, lxfom mc, an ~
~ officer duly autlwrizrd in tlx~ State aEnn~+aid and in the C.~wnt~• afon~aid to take ackno~c~edRmentc, Exrru~~wlly appearcd ~
Ward S. and Eleanor E. Gubler
fu uK• ktni~~n t~~ Ix~ IIN• ~H~n~~n S d~•~•rilxil in an~l ~~Ih~ i•~~Y•nli•~1 t6i• ton~~uin~ iu.trnnn•nt :~u~l they :~cknu~cli~lKe~cl `
.
, Ix~Furi• uH• i6.~t they ~~~~rid~~~l thi~ ~.un~•- . ` ~ ;
18th . ~ of ~
~~'1'I~\I:titi ~na h:u~d :tn~l ~~!(ici:d ~~•:d in th~• G~i~ul~ :~ni) tital~• I:~.t :d~~n~..u~l Ihi. ' ,
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A. 1`1 7~i. ( G•
June ~ ~ . . . _ - i
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~ NOTARY PUl4lIC STA?E ~ Fy "c `
ILEQ A~~, ;~;C`D L MY COMM~tStON fl!MQPS APR-~18. 1977~ ,
~ 1 Lti'v+~ .~KF aS LR- dONDFQ THRU GENERAI INSURA~.'E 1fNDER~RIjFR~,, : ;
Firir ~ ~1_.,t~ ~ /y t~~~ ;t~.f.
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