HomeMy WebLinkAbout0755 and shalt J~er/orn~, con~ply u~ith uial obule I,y iacli and corr~ U~e u;:rrc?nciils, stipulatioiu, conclilio?~.s and
cooenants fhereof, aral o/ this ~?~orf~;u~e, then tieu murt;;u~;e u~ul ll~e cstate 1?ereby created, shail cease, de-
termine and l,e null ancl coid.
~ the mort~;nbvr liereby further couenants ai~d agrecs to ~w~ prainptl~ iohen due the Nrincipal and
interest mid other -nuns of mone~ prou'u1e~! /vr in suid nofe uiul f/iit mart~age, or either; to ~~y all arut
singular the taxes, assessn~e~zts, Ieuies,_ liabitit~es,-ol,li~utians, and e?~cuu~brances of e~:er~ natare oit suut prop- ~
erty; io pern~~t, comn~it or su~er no uaste. irt~pairn~ent or deferioralion of saul Iu~u! or N~e irnprooements
thereon at uny time; to keep the 1?uildin~;s nou: or l~ereujter on swul lund (ul1i~ insured in a sum of ~iot less
than Six Thousand and no/100 Dollars ($6,000.00).
in a comjwn~ or com~wnies acc~eptal,le to tl?e n~orl~;a~ee, ihe ~wlicy or jwlicies to Le )~eld ~~,y. aruf pa~aLle
to, saut mort~;a~ee, and in the ecent any sun+ of money becomes jwyaGle Gy uirfue o~ s~rcb ir~s-urance the
mortgagee shaH liaoe the ri~;ht to receioe aid opply the same to N~e inde~itedr~ess IiereGy secured, accounting
to the rnortgn~or for uny surpli~.s; to ~wy a!! costs, char~;es, a~ul expci~ses, includin~ lau-ye~'s fc~es an~l title
searches, ieasonably incurred or ~wid by tlie mort~u~;ee Lecai~.se oj tl~e fai[ure of t?~e ntoN~a~or to promptly-
o~ul fully con~pl~/ icith the agreeme~~ts, slipulations, conditioru nntl covenants of said rwte ontl tlus mortgage,
or eid?er; b per~on?s, comply iciNrund abide by each antf ecen~ U~e agreemenls, stipulations, co~uliNo~u and
covenants set forth in sau! note a?ui this mort~u~;e or either. In tl~e evcnt Uie mortgngor fuils to jwJ ~chen
clue an~ tax, assessine?it, insurance premiurn or other sun~ oj mone~ jwyol~le LtJ uirtue of snid note arul t1~is
mortgage, or either, the mort~;a~;ee may Jwy Nie sa~ne, without uaivin~; or a~ecling the oj~tion to foreclose
or any other rirht I~ereunder, arul all such payments shall I,ear interest Jrom date thereof at the hi~hest laie-
fui tate il~en nllou:ed by the lau;s of d~e State of Florirla
~L anr~ sum of money l~erein r%rred to be not promJ~tl_y paul icili~in thirty d~ys ~~¢xt aJter
ihe smne l,ecomes due, or if each and eoery 1he ogreen~ents, stipulatioru, conctitiotu aru~ onr,enants of suu!
note arul this mort~a~;e, or either, are not fully performed, comytiect uitl~ ancl abided by, tl?en t1+e entire
s~~m mentioned fn suid rwte, and tl~is moNhage, or ihe entire baluncc un~?aid thereon, shal! fo?thwitli or
ihereafter, at tlie option o/ tl~e mortgagee, ~~ecome nnd Ge due o~ut payable, m~ytl~ing in saict rwte or i~erein
to the contran~ noticithstmuling. Fnilure by the mort~;u~ee io exercise an~ o~ Nte rights or opt'ans herern
proouled sl+all not constitute a u•aiver of any ri~hts or optio?es under said note or this mortgage accrued or
thereofter accrui?ig.
-~n ~h~0`~ the said »iortgatior has lieretento si~;ned ancl sealed tliese presents die
day a~ul. ~/ear ~irst aboue ieritten.
Signed, sealed and delivercd in the presence of:
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STATE OF FLORIDA, ~ ~
COU~TI' OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
o~crr didy autM~rized in the State afon~said anJ in the Caunty afon~said to take ac~knc~H-ledp,~nents, perwrull~• appeared
Roy L. Spor and Dorothy J. Spor, his wife ~
to ~u~• k~Nn~n to I~~ tM• ~x~M~n d~•K•rilK•d in :unl ~~IH~ ~~~rrati•~I Na• (urceui~~L in~tnn~M•nl a~Kl t~l@17 a~~k~u~~~~IcdRrrl f
Ix•fon• nK` d4tt they ~•~~Y•~d~•il il?i• +:u~n~.
~~`IT\I':titi m)• h.~nil :wd ul(icial w•:d in thi• G~~~uh~ and St:di~ I:t~t a(uri•~:tid thi> 24th day of
September i~. 74
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~ NOTARY PUBIK STATE OF FLO~iDA A.? IARGE
~ MY tGY,l~~i~5f0~3 EX?iR~5 Ft?'. ^
~ fONDEDTHAUGE~s:SR! •~j`U"~`:~Et;::~:f.'~4'fE~
fILE6 Ah~J YECOROEO
3T.LUC1c COUNTt? FIA. L ....':~•r,,
R~:,E~. G ~ *RAS ~ . : ~
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CLERR i.{:~:+J~T COURT J • ~ f .
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