HomeMy WebLinkAbout0153 and s1~~11 J~cr/onn, co?rtph~ u itl~ ~u~d ul,ulc I~y cuch u~~d e~rr~~ th~ u~;rrcmcutc. s~i~~ulutio?u, con~litioru and
coccnanfs therco/, and o% N~is ~nv~t~;v~;c, tl~cn thw ~~u,rt~;u~c rrnd tl~c ctifut~~ 1~cri•h~~ c~cutcd, s1~a11 ccasc, de-
termine anrl Le null aiul uai~l.
~ tl~e »ZOrf~;a~or 1~ercLy ~urt)ier couc?w~ils a?ul u~;ncs fo ~x~y pro~nplly trl~en due 1he principal u?ul
interest and otlier sy~ms o~ mone~ ~~rovide~l /or in soid ~~ote ~uid N~w iit~rf~;a~e, or eiN~er, to Jxn~ a!1 a~ul
sin~ular tl~ taxes, assessu~en~s, le~ies, liabililies, ol?li;~uti~n~s, und enct~n~brunces o~ ecery twlt~re o+~ suitl prop-
erty; to permit, comniit or n~eer no tcuste, im~x~irn~enl or deferiaratio?e o/ said lund or N~e i?nprovements
thereon at any time; to keep tlie l~uildin~;s now or hercu/ter on saul Im~d full~~ inMrrc~l in a nun oj not less
than Forty five thousand and no/100 .
in a compan~ o? com~wnies acc~eptul~le to tl~e iuort~n~;ee, the ~~olicr~ or J~olicies to Le held by, mul ~wynLle
to, saul mort~;dree, and in tl~e ee:ent an~ suni o/ morie~~ l~ecorr+es pa~~aG~e I»~ virlue o( sY~ch i~ut~rnnce the
mortga~ee shall haoe d~e ri~;ht to receiue and a~~~~ly the same to N~e in~leLtedness here6y secured, accouruing
to the mortga~or /or vnt/ surplus; to ~wy alt costs, ciear~;es, and expeu~cs, includin~; lau:yer's fees arul title
searches, rensonably incurred or ~wed by the mort~;a~;ee l,eca~u~ of fhe /ailure of tlie mortgaror to pron~ptly
aru! /uAy cumpl~ icith ll~e u~;reements, s-tipulutioru, condetio?u nru! coL~nunts o/ sairl rwte arul d~is mortgn~;e.
or either; fo perfonn, compl~ ~ciN~ a~ul abule by cach anJ e~:en~ the a~;reemenl.r, stipulutioru, conditioru and
couenants set forth in saul note u?ul t?~is mort~;a~e or either. In the eucnt tl~e mort~a~or fuils to pu~ uhen
due any bx, assessment, insurance J~remium or od~er surn of mone~ Jwyahle Ly virtue oj suul note aru! N~is
mort~;o~e, or eiNier, the morttia~ee may ~wy d~e same, uiNrout ~raiuin~ or aBectin~ the option to ioreclose
or any otlier rihl~t liereunder, and all such ~wyme»ts sl~ol! l~ear interest from date t?icreo( nt tlic hi~l~cst lau~-
ful rate then allou;ed 6y the lau;s o/ the State o~ Florida. ~
mu~ .r~un o/ mone~ herein referred to I~e not promptG/ ~wul ~cet/~in thirty days next a(ter
N~e same l,ecomes due, or ij each arul eoery the agreements. ste~~ulatior4s, co~ulitions aiul cooenants of said
note anrl tl~is mort~;ahe, or either, are not (ully performecl, complied icitl~ mul abided lxj, t1~en t)~e entire
sum mentioned in said note, arul t1~is mort~age, or the entire bolmice i~n~~oul tliereon, shall forthu;itl~ or
tl+ereafter, ot the ot~tion of tl~e n~ortga~ee, l~ecome and Le due orul Jwr~al~le, anything in saed note or herein
to the contrun~ not~cithsfa~uling. Fai?ure l~~ N?e n~ort~;a~ee to exercisr. miy o/ tGe ri~hts or oNtioas herein
prouuled shal! not co~utitute a u-aicer of any rt~;l~ts or options under said note or tliis mortgage accrtted or
therea/ter accruer~;.
~n ~itness ~hereof~ the said mort~;a~or lias hereunto si~;necl uncl sealed t/~ese presents tl~e
dui/ arul ~ear first aboi:e ~critten.
Signed, sealed and delicercd in tl~e ~~resence of: _
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~ STATE O~ FI.ORIDA, ~ •
cov~~n oF ST. LUCIE
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~ I HEREBY CERTIEI' that on this day, l~efoce me, an
~ officer duk• authurized in the State afon~aid and in the G~unt} afon~said to take a~•kno~~~ledgments, perxinali}~ appearecl
~ Carra Adams .
' t~~ nn• kiNi~~ n to ~N' ~~N' 'R'TM111 ~I.~ ri1M•d in .~n~l IM~ ~~~iY ntrJ tIN• (nr~~.~~iu~ in.lniun•nt :ui~l 5~16 :te~cd4wjcdQi~cl
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Ix~(~~n• uN~ that S~'le P\PCIIIPII IIN' ~.IIIM'.
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~ ~l'IT\E5ti m~ h:ui~l :?n~l u1(i~ ial .+•.d in th~• G~nuh an~l Stal~~ l:~~t :~f c.:u~l Ihic 313t ~~o`'~r ~ ~ 1~~''~~3!.oF i
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~ December u. i~? 74. " ~ ~ ~ - ~i
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4 MY CAMYISSIUY EXPIRES NOYEMBER 12. 7'••~...•• ~•,Q
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