HomeMy WebLinkAbout2725 11 • . . .
and s1~al! J~er/orni, con~pl~J tcifl~ u~ul abulc b~~ euch unrl e~~rr~~ N~~~ u~ri~i~?~~rnts, sti~?ulutions, raulitio~u and
covenanis thereo/, antl o/ Ihis ~?~art~;u~;e, tGen f1~is niurt~;u~e urul ll~e ~~stutc her~~b~/ c~reuted, shull cease, de-
. termine and be null arut voicl.
~ the mort~;atior liere6~~ further couenanfs a~ul u~;rees to ~w~/ prompNy ichen due t1~e princi~~al a~ui
interest and other sums of moneJ J~rouided frn in said uate o?ul tl~is ~narttiure, or cither; to ~wy all anc~
singular the texes, assessu~ents, lecies, IiuLilitics, obti;~utiv~u, a~id c~u•u~n/~runces oj ecery iwt~~re on sui~l ~uop-
erty; to pcnnif, comn?it o? suQcr no ~caste, i~u)xtirment or deteriora(ion o/ said luru~ or N~c irnNrove~nents
tl~ereon at a»i~ time; to keep t1~e Guildin~s noic or liereu/!er on suicl lan~l /ullt/ i~~.sured in a n~r~+ of not iess
than Seven Thousand and no/100-------------------=-($~.000.00)
in a comJwn~ or compnnies acce~~tal,le to the n~ort~;a~ee, the ~x~licy or J~olicies to be held by, a?ul l~a~~able
to, said mortga~ee, and in tHe euent aneJ nn?+ o~ n~oiiey becon?es ~wyaLle Ly uirfuc str~h iruurunce the
mortgagee shall ha~e N~e ri~;ht to receice aud a~~pl!~ the smne to the indeLteeb~ess hereL~ secured, acco~uitin~
fo the ?nortga~;or ior any surplus; b lwy al! costs, char~es, u~ul exJ?e?~ses, incltulin~; luu:yer's. fees arul title
searcl~es, reasonablJ incurred or J~ai~l b~~ the morf~u~ee becuuse of N~e faik~re of the mortba~or to promptly
nrul fulG~ com~ly uiNi the a~rec~nents, stipula~ior~.s, COI1lI1f101LS Q?1(I COOC?lUtllS Of suul iiote a?ul this n~ortgage,
or either. to ~~er/orm, coniplt/ ~ci~l~ aiul abide b~/ euc1~ und ecery tl?e ahree?neuts, stipulatio?u, coiulitioiu and
coueiwnts set forth iri said note arut this morl~u~;e or eiN~er. ln N~e eucnt d~e u~ortgagor fails to ~w~ u'hen
due un~ taY, assess?nent, insurance ~~remium or other su»~ o/_~??oneJ jwyaLle 1~~ oirtue of snic~ ~wte arul tl~is
mort~age, or eifher, the mort~;a~;ee ma~~ Jw~/ d~e snme, ~~itliout icaiuin~; ar a~ecting the option to foreclose
or any other ri~;ht liereuncler, mul all such ~wyinents shn11 Lear interest frorn date tliereof at ihe l~i~hest lau~-
ful rate ihen alloued ln~ tlie lau;s of t1~e State of Flcricla.
ani~ s~un uf n~one~/ l?erein referred fo be not prompN~ jwi~! ~ciNein thirty tlays next oftcr
the saii~e beco»iec d~~e, or if each and euer~ th~~ a~reements, stipulatio~~s> coiulifeons a~ul couerwnts of saul
note and i/iis mort~a~e, or either, ~re t~ot f ~~!!tJ J~er~orrncd, coiii~~lied u ith mul abided l~y, fhen tlie entire
su?ri mentioned in said ?wte, arid this mort~uge, or the entire batance un~iaul thereon, shal! forth~citl~ or
tberenfter, at the o~~tion o/ the mort~agee, Lecome and be ch~e a~ul ~w~~able, an~tl~ing in saic~ note or herein
to tlie contranJ iwt~cithstanc/in#;. Failure by the mort~a~;ee to exercise an~/ of tl~e re~hts or o~~tions herein
provuled sl+all not co~~.stitute a u•aiuer o/ any ri~hts or optioi4s under saed note or tl~u mort~age accn~ed or
thereafter accruing. _
~n ~itness ~hereof~ the said mort~a~;or l~as hereunto si;;ned anct sealed tliese presents ihe
day aiul ycor first ahot,~e u~ritten.
Signed, sealed m~d deli~;ered in the presenee of_ '
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~ STATE OP FLORiDA, )
~ cou~~ oF St. Lucie ~
I IiEREBY CERTIFY that on this day, l~eforc me, an
~ of6cer CII1~)' 1U~IN/(IZCII in t}x Stxte aEorcwid and in the G~unty aforesaid to take ackrw~rledgments, Ix~rx~nally appeared
~ Frank Kinkel and Irene Kinkel, his h•ife
~ tu wi• L~N~~cn to Iw~ th~• ~x~~u~n S~1~-urilx•<I in :uu~ ~~IM~ r~~~•~ili•i) t6r fur~•~,oins~ iu.truna•nt :in~l they aiktN~~ck~lgtvl
$ lxduri• ~nc~ that they ~•~i•i.nt~~d th~• ..~nn•-
~ 27th
~ \~'IT~l~.titi n~c hau~l auil ul(ici:d .~•:d in thi• Cwu~l~ au~~ St:if~~ I:i.t atun•.:?iil ~lii. d:ty of
~ January u. i~~ 7~
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