HomeMy WebLinkAbout0682 arul shall ~x•r/orn~, conipG/ ~cit/~ unc~ uLide bq curl~ ur~rl cu~•r~ N~c u~;rc~~~~u~nts, sli~~ulntio».s, ~•unditiorts ~nd
couer.ants N~ereo/, arul o% this iuort~;a~;e, then tliis mort~;u~4• und tl~e c~slute GerE~hy creuted, sJaul! cease, de-
termine and be null a?ul coid. ~
~ the mortga~;or hereGy Jurther couenunts a?ut a~;rees ~o ~~ay pra~nptl~ uJl~en due tl~e principal a?ul
interest ond oth~r sr~ms of mo?ie~ prouuled for in said note aru! this ??~ort~;age, or eitl~er, b pay all arul
singular il~e taxes, assess»aents, leuies, IiaLilities, obli~;atio?is, and e~u~urnbrunces o/ every twture on suic! pro/~-
erty; to j~nnit, commit or st~eer rw ecaste, iu~paerme~it or deteriaration of saitt la~ul oi tl~e irnpro~ements
ihereon at a?~y time; to keeN d~e 1,uF/clin~s nou; or I~ereujter on sau! lo~ul fu1?y i~uurcd in a s~un oj not less
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~n n company or com~anies acceptaLle to !he mortgo~;ee, the Jwlecy or J~olicies to be /icld by, antl ~w~able
to, said mo~t~agee. and in the event any st~m o~ n~oney becomes ~~nyal,le Gy virtue of such insurance the
mortgogee shall hae~e the ri~;ht to receive ond apply tl~e same to tlie inelebteclness liereby securecl, accounting
to tl~e mortgagor for anq sY~r~~lus; to pay al! costs, char~es, arut exper~.ses, incle~din~ Iau;yers fees ancl title
searches, ieasonably incaned or paul lii~ the rnort~a~;ee becuus,e o~ the failure o~ the. mortgagor to promptly
a?ut ful/y eomply icith the ogreements, stipulatioru, conditio~~.s a?ul coc~enants of saul ~wte ancl t/~is mortgage,
or erther; to ~~er/orm, comply iciti~ arul al~ide !~y each a~ul euery tlee ngreements, stipulatioru, conditions ond
covenants set forth f?i soul note arul this mortga~;e or either, ln the evcnt tGe roortgagor fails to jwy ichen
due any iax, assess?nent, insuronce ~remium or otl~er suni of rnaiey Jxr~able by uirtue of said note arul this
mortgage, or eit/ier. the mortgogee may Jxi,y the sume, a~ithoiet uaiviri~; or a~ecling the option to foreclose
or any other rigl~t hereunder, aral all such jwyments slioll Gear interest from daee thercof at tlee hi~hest law-
ful rate then alloued Gi~ the lo~cs of the Siute oj Flori:la.
an~ sY~m of money herein r%rred to be not J~romptle~ ~wirl icithin thirty ~days next after
the same l,econies due, or if encl~ arul eoery the agreeraents, stipulatior~.s, conditions arul covenants of saicl
nofe anrl N:is mort~;a~;e, or either, are not fully j~erformed, complied uith orul abided by, tl~en the entire
sum mentioned in soic! note, a?ul this mortgage, or the entire Lalance un1wirl tl~ereon, shall forthwith o~
~ therea/ter, at tlie option of ihe mortgagee, ~iecome und be d~~e a?ul payal~le, a~i~hing in said note or herein
to the contrari/ notccitl~stmuling. Failure liy the mortgo~ee to exercise any of the rights or optio~s herein
provulecl sliall not constitute a uoioer o/ any ri~hts or o~~tions u?uler saic! note or this mortgage acerued or
thereafter accruin~. '
' ~n ~itness ~hereof~ the said mortga~;or has hereunto si~;ned and sealed tliese presents the
day arul year first alio~e ~eritten. .
Signed sea d cleli~;ered in the presence of:
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STATE OF FI.ORIDA, ~
CoU`~t oF St. Lucie
i I HEREBY CERTIF'Y that on this day, before me, an }
of6cer duly authorizcYl in the State aforesaid and in the Cuunty aforesaid to take acknowledgments, perx?na11y appearecl ~
l Ronald J. and Amy A. James
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: to nN~ kiN~~cn to IK• ih~~ ~x•ru~n 8 tl~~•rilx~d in an~l Iw ~•~iY-~d~•d UN• ft~n•t~uin~ inctrunH•nt :md they :~cl:~~~~~1edKct)
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lx•fan• ine• ih:it they ~•~i~•nli~~l tln~ ~unn~. i
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~ ~~`IT\F.tiS my 1~:tnd :md u{fici:d x:d in th~• Cu~~ut~ and tit.rti• la+t afon•said thic Sth day of
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