HomeMy WebLinkAbout0332 nnd shnll ~~er/orrn, con~plq u~it/~ uu~l u/?i~lc~ h~~ cuch uii~l c~~~~r~ 11~c u;:nr~r»~c?~t.~. ,~lipuluiioru. ~•c~r~ditio~~s and
~ coue~uuUs therco/. un~l o~ tJ~is ~uarl~;n~;e. tl~en ihis ?nc,N~a~c uud the• ~•stute• h~•r~~l,?~ e~?c~eterl. sliaH cense. de-
tennine and l~e nul! a?ul cai~l. -
~nd N~e mort~a~or 1~ereLy ~urtlier cocencints u?ul u~;rc•cs ~o ~xrry ~~rornpll~ trl~en due tl~e principul und
interest and oN~cr s-~uns o/ nio~~c?J pro~i~led /nr in sui~! not~r ruid thi.~ n~or1~~~~~~, or either; t~ ~w~/ nl! nnd
sin~;«lar the taxes, assc.esments, lecics, /iu6ilitic•,, oLlitiutia~~.+, u~~d cru•um/,runces oJ cucr~~ iwlurc on suid prop-
erty; !o j~~ru~il, commit or su0cr no ir[tiste, ini~x~irme?~l or deferipration o~ suid lund or N~e in~procements
thereon at any tinie; to keep 11ie Laildi?~~~s na~c or 1~erca/ler on said lund /ulli~ i~~sure~! in a s~un o/ not less
than Twenty thousand and no f100 ~
fn a comJwny or corr~~xinies ac.ceJ~tul~le b the mort~;a~ec, N~e. pvlicy or ~~olic.ies to 1?e )~el~l l~y, and pn~~uble
to, safd mort;;a~ee, nnd in Nie ecent ant~ sY~m o/ mone~~ bec•omes ~,ayal,le 6~~ vi~tue o/ syuli iruurunce t)ie
mortga~;ee shall have Nie ri~ht to receice rnul a~q~l~~ tlie sume to die indebtedness )~ere6J secure~l, accourttir~g
to tl~e mort~;a~or for uni~ sur~~le~s; to ~wy a(1 costs, chur~;es, a~ut exJx,~t4ses, including lau~yers /ees and title
searclies, ieasoiwbG/ incurred or ~wid b~~ tlie ?nort;~utiee becn~i~r o~ Nre fai?ure of t?ie n~ortga~;or to promptly
QIUI fUllf~ CO)11~)Ii~ lClfll Nic u~ree?ucnts, .~ti~~ulutiu~~.s, t•a~ditin?~.s anrl c'pt%Cli[lp~S Of SUIII notc anrl this mortha~;e,
or eitl~cr; to per/orm, compl~/ iritl~ cuul nl~ide 6~~ cuch and ~•ccr~~ Nee n~;recmcnfs, stipu?uttoru, con~li/ions m~d
coverwnts set forth in said note urul tl~is morf~a~e or eiN~er. ?~i the eucnt the nrort~;agor fails to ~~ar~ ~clien
~lue any tax, assessment, i?~.rurance premium or otlier s~an o~ money ~w~~aLle l~~/ virttre of sui~l nore and ri~is
mortKa;;e, or eijher, the mort~a~;ee n~ai/ pny tl~e snme, u~itl~out ~caiven~; or a(jec~ing tl~e oJ~lion to /oreclose
or any other ritiht l~eretntder, a?ul ull s~~ch ~x~ynierits shnl! Gear interest /ron~ date N~creof at the /~i~l~est Iau~-
fuI rate N~en allo~ced l,i~ Nie la~cs o/ the Stafe of Florulu: Q
mu/ sum o/ n~onei/ herein re%rred to be ~~ot prompNy ~xiid ~cithin thirty tiat/s ne.rt aflcr
t1~e same I~ecomes due, or i( euch and et;erJ the u~;reements, stipulutioi4s, co~ulitions a?ul co"venants o( SAf[I
note anrl t/~is morttiu~;e, or eitlie?, are not /ul1~ per/onned, complierl ~ciNi and abiclecl b~, tlien t?te entire
sum mentioried in suid riote, and this inortha~e, or tlee entire /~alance u?ipnul il~ereon, shall fortl~tcit)~ or
tl~crea/ter, ut tlie o?~tion o( N~e rnortgu~;ce, l~ecome und be due arul Jwr/able, an fthing in said note or lierein
fo t1~e contrnrr/ notu-ithstandin~. Failure by the mort;;u;:ec to cxercise ar~y o/ tl?e ri~;l~ts or options hercin
~~rovided shull »ot coi~.stitute a tcuicer o/ un~ ri~;l~ts or optia?~.s under said note or this mortgage accn~ed or
thereajter accn~in~.
~n ~~tn~s ~hereof~ the said morMri~or l~as I~ere~rnto si;;ried a~id sealed these presents t1~e
clay aul year ~irst aboce ~rritten.
Si~;ned, sculed und delicered in tl~c pre.sence of:
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~ STATE OF FLORlDA, ) ~
~ cou~~~v o~ ST. LUCIE } ~
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~ I fiERERY CERTIFI' that on this da>•, Imforc mc, an
~ ~ officer d~ily a~dhorized in the~ Stit~ afure.aid ard in the Gwnt~~ a(ore.aid to take acknu~~•Icd~ments, pe•rwnally appc•ared I
w
~ Ada C. Williams, an adult
tu u~e~ lu~~~cn tu {H~ thr jx nnn ~l~•u rilx~tl in an~l hn ~~~~•i iit~•~I th~• lin~•,uinC in~~rinin•nt :~n~l she :~~~?;~„~~.t~~~lxt~~
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lk•~~~n• mr t~~.~t SYl@ ~•~rcnt~•~1 I~n• ,.un~'-
~ ~~'1"1~\I'.Sti ~n~ h.~u~l :inil ~dli~ i.il ~•.:tl in l6~• Gnuih :ui~l SL~ti• I:i.~ :dnn ~:u~l Ihi~ 5~ da}• uf
- I March • t~? ?5.
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