HomeMy WebLinkAbout0163 and shall ~~er/arm, com~~ly u•iNi urul ul,idc by ~r~u•)~ un~l ~•c~•ry Nu~ u~;r~~c~mr?i~.c, slip~datro?u. cunditio~u and
couerwi~ts tl~ereo/, a~ul o/ t/~is ~rro?t~;uke, then this ~uc,rl~u~c und the ~rstatc• licrel,y ~rcuted, shnll cease, de-
termine an~l be nul! aiul void. ~ -
~ the mort~a~or hereLy further cooenanfs a~u! arrces to Jw~ promptly when due i1~e princiJwl and
interest and otl~er sums of i~~o?~eJ ~»ouided for in said rw~e arul lhis ~nort~a6e, or eid~er; to ~wy all and ~
sin~ulor N~e•taxes, assessmen~s, leuics, liabilities, ol,li~ativiu,'and enc~nnl~rances o~ cuery iwture on sald proN-
erty; to permit, contr»it or su8er no ~casJe., iili~wirment or deterioration of saul lan~l or tlie improve?nents
tliereon at any time; to keep tl~e buNclin~;s now or lierea/ter on saul land fully i?uured in a su?n of not less
ihon
in a com~wny or companies acceptuLle to tl~e inort~a~ee, ilie policy or J~olicies ta l,e lield by, and payable
to, saut mortga~ee, a~~d in the euent an~~ nun of ~noney l,ccor»es ~wyaGle by uirh~c of syicli iiuurance ihe
mortgagee shall have Nie r~~;lit to receiue m~d opply the swme to the inde~ited~iess l~erel,y secured, accounting -
to the mortga~or for any surplt~.s; to jw,y all costs, d~nr~es, a~ul exper~.ses, i?icludin~ luic~~ers fees ancl title
searcl~es, reasortabl~ incurred or ~wid by the mort~;a~ee bscause o/ the failure of tlie mortgugor to promptly
arul /ully con~ply tciNi the a~reeiuents, stipulatio~u, conditioru nru! cooenonts of suul note ancl thu mortgabe,
~ or eid~er; to ~~er/onn, comj~ly uith orul al~ide bi~ ench and eoer~~ N~e agreements, stipulations, conditions nnd
conenants set forth in snul note mul this mort~a~;c or ei~hcr. ln N~e evcnt the mort~agor fails to jwy uhen
~lue any tax, asses~srnent, insY~rnnce premium or other surn o/ monei/ Jwya~~le b~ oirtue of said ~wte arul tliis
mortgage, or either, the mortgabee mm/ Jxty the same, ecithout icaiuin~ or aBecting the option to foreclose
or nny other ri~;i~t hereu~uler, arul all sYich Jwyments shall bear interest from dote tleereof at tl~e hi~hest laec-
ful rate tl~en allowed Gy the laics o/ tlie State of Florida.
aru~ sum of money herein re%rred to be not promptly ~wu! icit/iin th i rty days next after
ihe same becomes clue, or i~ each arul eoen~ t1~e ngreements, stipulatio?~.s, corulitions arul coverwnts of said
note and iliis mort~;age, or eidcer, ore no~ fulltJ J~erfonned, eomplied ~cith and abicled by, then the entire
sum mentio?ied in saul note, arut t)~is mort~;age, or ihe entire balance uniwul tlre?eon, shall forihtcith or
thereafter, at tl~e o~~tio?i o/ Nie mortga~;ee, become anrl Ge due a~ul ~wyaGle, anrJihing in saut note or 1~erein
to t)~e contrarr~ notecit/istandin~. Failure IitJ the uiort~;a~;ee to exere4re nn~/ of the riglits or options herein
prouir~ed shull ~wt corutit~~te a icaicer of an~ ri~;l~ts or o)~tio~ts ttnder said note or tliis mortgage accn~ed or
thereafter accruing.
~n ~~~~s ~hereof~ the snut mort;u~;or has l~ereunto si~;ned ancl sealed these J~resents t)ie
clay orul year ~irst abooe u'ritten.
Signed, sealed and delicered in the ~~resence of: ~
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i STATE OF FLORIDA, ~
~ cov~~~ or St. Lucie ~ ~
~ I HEREBY CERTIFI' that on this day, Uefom n?e, an
j oH'icer d~dy autM~rized in the State a(orr~aid and in the County aforesaid to take acknoa~•lc~clgments, personally appeared
t '
; Michael G. and Bernadette Walsh
~ tu nN• l.nu~~ n t~~ lw~ tlx~ jx~r~uu g ~I~•~crilH•i! in :uiel (N~ ~•~iY•nt~~~l tln• fun•~1uinK iu~truu~e•nt ah~l tj~g~ a~'knp~~'led({ecl
~ ,'y , .
IH~(ort• i~x-t6:~t they ~•~e•~~nte~l t6i• .:~nw•.
\1'1"I~~F.titi m~' h:~ntl :uxl ul(iei:il .i~.d in th~• Cun:d~ an~l tit:~te• l.~,t :?fnr~•,.ud ll~i~ 3~g.t~.' : ~I:iy' of
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March .a. t~. ~sAS. = ~ ~ •
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~ NOTARY pUBllt eTptF ne s~pRidk
F~~ED r~;GnQ~O MYCOMMISSION EXDIQ~S~'R, I~eM~Rl~••'
~ ST. U}C.~_ ~;~HTY F~A. ~N~~ THRU GENERAi tNSURANCE UNQ1RyYR~TEa
~ R0~•~n ,7:_RA$ ~ ~
CLFnz f+~,v~~ COURT :
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