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HomeMy WebLinkAbout1498 ~ and s)~oll ~?erform. con~ply ~rith un~l ubide b~~ eucb un~l curr~ the u~rcemenix, slipulatiaiu, con~litio~u and ~ cooena~its thereo/, und o/ ihis »ivrl~;u~e, N~er~ /1~is murt~;~~;e un~l the cstatc l~crel~~~ created, shnll cease, ~)e- ~ termine ancl be nuil arul void. ~ ~ ~ ihe mort ~a;;or hereL urther cvucnanfs uud a~?recs to xu ~ro:n ~N~ u:I~en due N~e rincl 1 a~ul ~ !ll ~ 1/i I J P i'a interest and o~hcr s~ums o/ mone~ prouided /or i~~ said 'note arul N~is rn~rt~aae, or eitl~er; to pa~~ a11 ancl singular the taxes, assessments, le~ies, leabilities, olili~;citioi4r, und encumbra~~ces a/ euery ~iafure ai saul prop- erty; to permtt~ COIlU111~ or sueer no tcuste, imJwirment or de~erioration o/ saic~ land or the improuements thereon at any time; to kee~ the buildin~s now or hercu/ter p?1 SQI[I ~atl(I jiflll~ iruY~rcd in a sum o/ not less thon Ten thousand and no/100 ~ in a com~wni~ or comJwnies acceptul~le to t/~e mort~;a~;ee, tl~e policy or ~~olicies to be lield by, and ~w~~nble to, saitt mort~a~;ee, and in the et3ent any sttn~ of ma»ey l~ecomes ~wyable Ly vertue o/ such iruurance ihe mortgabee shal! haoe the rFtiht to rec~eive and appG~ the same to the indel~teclness 1~ereby secured, acco~mtinb to the mortga~or for an~~ sarJ~lus; to ~wy nl[ costs, char~;es, ancl ex'~ei~s~cs, including law~~er's fees arul title searches, reoso?uebly incurreJ or jwid bi~ tl~e rnort~;u~;ee beca~ese o/ the failure of the mortga~;or ro prompNy arul fuily couiply u;ith the a~;ree~nents, stipulatioi~.s, corulilioru and c'OL'CltQtll3 Of saul ?iote und this mortgage, or either; to per/onn, com~~ly icitl~ a~ul aliide br~ euch und eceri/ tl?e agreements, sti~alations, coiulitia~s antl covenants set forth in said note arul this mortgage or eiN~er. In tl~e event t1~e inortgagor faiJs to }wy ~chen due any tax, assessynent, iru~~rarece J»~emium or otl~er strm o/ rnone~ JwyaGle b~ uirtae of said note arul this mortg~ge, or either, the mort~a~ee ma~~ J~ai/ Nre sanae, ~cithout icuevrn~; or u~ecting tlie o)~tion io foreclose or nny oil?er ri~;ht liereunder, a?ul all sucJ~ ~w~ments shall bear interest from date tliereof at tl~e hi~l?est la~c- ful rute thcn alloiced 6y the lau;s of- tl?e State of Floricla. ~l an~ sum of money herein referred to be nvt promptG~ Jwu! ~cithin thirty days next after the same becomes due, or ij eacl~ and eoen~ tlie agree?nents, stipulotio?~.s, co?ulitions arul couenants of soid note ara! this mo~t~;age, or either, are not fallJ performe~l, complied ecith aral abided b~a t1~en the entire surn ir~entianed in suid note, a?ul this mort~age, or t)ie entire balance un~wicl tl~ereon, shal! forth~citl~ or thereafter, at tlic op~ion o/ thc mortga~;ee, become anr! be due mul ~xi~/al~le, an~hing in said note or l~erein to the contran~ ~wt~cithstaulin~. Failure li~ t1~e morl~u;ee to exercise any of the ri~l~ts or options )~erein provirted shall not constit~de a uaiver of any ri~hts or opfio?~.s uruler said note or this mortgage accniecl or tliereafter accri~ing. ~n ~itness the soicl mortga~or leas Iiereunto si~;ned nnrl sealed tliese presents ilie day arui i/ear ~irst aboue tcritten. Sig~ied, s,~aled and deliuered in the presence of: _.~~~-~.t~~-~ cz.~.._.. ~~..~lr--~------~--~~---- .~~.~.~~..--e ~-~~~G~i1~.r.rJ--~--~ ~ P ~ - C'~------- - - ---~~U~~-----,~~~'~n~.-----~ - - . _ ~ - - - - . - - - - - _ - - - - , , E ~ p ( ~ STATE OF FLORIDA, ~ covH~nr oF ST. LUCIE k I HERF,AY CERTIFY that on this day, {xfore me, an a ~ of6crr dtdy autimrired in t1x: St:?te a~urc~said and in thc C'.ounty afumsaid to take arkno~~•ledRnx~nts, ~xrsc~nally appcared Ollie C. Buchanon and Vivian Buchanon, his wife ' ~ to nu• kno~cn to Iw~ th~• ~x•r.un8 ~I~•x•ri~M•~I in :iu<I ~~IN~ ~•~~Y•nti•d th~~ fur~•~uine in~tr~nu~•nt :~nd they at•kno~~•ledKcYl ; ~ ; I?e•fum mi• th:~t they ~•~iY~nti~~l ih~• -..~u~~•. ~ WIT\1':5J m)' hxnil and ullici:d ~:tl in thi• Gninh an~l tihi~i~ I:~,t :d~~res:uil thic 4~1 da}• of { ~ April ~ ~`R5. ~ ~ - / /j ~ ~ t ~ LI ~ ~ ~11~'t t-t~'~ ~c, ~f' . ~2~~ ~ ~ ~ IIOTAIY PUI~'_'. ~;ATc' p' ~:~s :•T .'?:'f lMY CCr~!'..t`,_~+:v E:r. ; I. " =f - ,3ED bot~cc t~iRU c:~;~~,~ ~:,:s~.:~:,c~ u:..:_..:,~~;c~s _ f1l"~,~•~ ~ ;•3yTY FL~~ T.LU'~ - ~ i r= S RG~ '.~~,j V} R'i ~a ~ ^ Cl~~' ,':~_;J `'~r1~ `fj ~~;4~;'• ' . ~ f.~ • ~ .•~r.. ft~',, : ~ _ { i ~R t5 ~31~ . r, : ~~"~t~ f:~. ~ ' ,~1~~ , } - r/ ~ ~ 305931 : ~ ~ ~ ~ t ~ ~ . - } , _ ~ ~ ~ ` : c;= ;r,:''' ~ ~ F , , . ~ ~ 0 R 1~,::~.? . i BOOK ~~U PAGE 1497 # I ~ ~ , ,:A : _ ~ x ~ u ~ , 5 . x-.,~. , ~ -z'~,~°~ . i i ; i _ ~ . ~ ~ ~ .