HomeMy WebLinkAbout1304 and sl~nll ~~erfon?i, con~ply icitl~ nn~! ul~ide l~~/ ~ucl~ ur~d cucrJ N~e u~r~e~?ir~its. :~tipulutienu. ronditeons and
covcnants N~ereo/, anct o% d~ls ruort~;oRe, then t/iis rnurl;;u~;c u~~d ~l~c crsfute herel,~~ crc.~led, shull ceasc, de-
termine and be nul! and ooid. ~
~ the mortga~;or hereby further couerwnts uiul a~rees to J~~ promptl~ when tlue the princtpol and
inieres! and other sums o~ neone~ p~ovided /or in sairt note a?ul lliis rnorlRn~e, or either; to pai~ all ancI
s~ngular tl~e toxes, ussessrnents, leuies, lial,ilities, oGlr~;atiu~~.s, m~d cru~~mbrunces oj coen~ ~wture on suid Nrop-
erty; fo Nermit, commit or sueer no tcaste, imjwirment or ~leferiorafion of said larul or t1~e intprovements
ihereon at any time; to keeN tl~e huildings na~c or hereu/ter v~i swid la?ul fu1l~~ i~uured in a sum of rwt less
than Four Thousand Three Hundred and no/100-----------------
in a cbmjxrny or con~pantes acc~e~~taLle to the ~nort~a~;ee, t1~e polic~~ or ~~olicies to be heid by, a?ul puynble
to, sotd mortbagee, and in ihe eoent an~~ sY~m o~ ~naney becomes ~wyable l~e~ virlue of suc1~ insurance the
mo~tgagee shall I~a~e tl~e rigl+t to receiue und ap~,ly tl~e same to the indeGtedr~ess lierei,y secured, accoyntn~g
to the mortga~or for any surplus; t~ ;M~,~ rlt rn~te, rltn?!_?,p.g, u~u! expei~ses, incl~~ding latcyer's fees orul tiile
searclies, reasonabl~ inct~rred or jwtd b~ tl~e ~nort{;a~;ce 6eru~ise o/ N~e failure of tl~e mortbagor to promptly
a?ul fully comply u;ith ihe ugreernents, stipula~ioru, coruiirio?u and co~;cnants of saul rwte ancl ihis mortgage,
or eitlier; to pe?/orm, cornply icith u?xi al,icle i~~~ cud~ und et:ery the a~;reemenls, stipulatio~u, co?ulitions and.
cooennnts set fort)~ in said note Qiul ihis mort~;uge or eitl~er. In tlre eucnt Nie mortgagor fails fo Jxty iclien
due an~ tax, assessment, i?~,surance premium or other sum oj moiiey jwyab?e by virtue of soid note arul tbis
mortgage, or ei~her, the mortga~;ee ma~ ~w~ tlee same, icithoe~t lcaiuin~; or a(Jecting ~tl~e option to foreclose
or an~ other ritiht )~ereunder, arul al! sueh Jwymenfs sl~all Gear interest fron~ c/ate thereof at tl~e hi~leest luic-
ful rate then a1lou:ed ~y the lews of tiie Stote of Florula.
any nini of money herein re%rred to be not prom~~tly ~wu! ~citGin thirty tlays neart after
the same becomes cli~e, or if each and eoery the agreeneents, stipula~io?~,s, coralitions a~ul covenants of said
note anrl this mort~age, or eitl~er, nre not ft~!!y J~er/ormed, complied u~ith and aLided by, then the entire
sum »ientioned in said note, orul this mort~age, or tl~e entire balunce :~nlwu! thereon, shall forthicith or
tliereafter, at tlie o~~tion o/ flie mortgagee. ~iecome and Ge d:~e mu! ~wynble, an~thing in said note or herein
- to the contran~ not~citl~standin~. Failure Gy the mort~;ohee to exercise an~/ of t/~e ri~hts or oNt~ons herein
prouuled shall not constitute a icaiver of any rigl~ts or o/~teons under snid note or ll~is mortgage accrued or
t)ierea/ter accruing.
~n ~~~~s ~hereof~ tlte soirt morttiu~;or Iias Iiereunto si~;ned ancl sealed these presenis ihe
da~ orul yea? first abrn;e ~critten.
'~ned, se d and cleli red in tlie ~~resence of:
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~ STATE OF FLORIDA, ~
~ couv~nr oF St. Lucie
j 1 NEREBY CERTiFY thai on this day, befom me, an
~ oH'icer d~dy autM~rized in the State aforc.aid a~c1 in the County aforesaid to take acknuH~leclg~nents, per~onally appcared
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~ Paul J. t~eilbacher, a single adult
g to nx• k~M~+cn to Ix• thi• ~x~nan ~I~~u~rilwYl in :uul ~ctw~ 1•\IY'l1ll•II NN• (um~uiut; imtnmx•nt :?rn) he uck~K~~~•kxlqi~cl
~ Ix•[on• un• t6at he P\PCll~l'tI ~IN' >:IIiN~-
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~ \l'!7~\Etiti m}• h;tud :?nd u1Gri:d .e:tl in d~~• Cunnt) ancl til:iti• I:t~t :dun•s:u~l thi~ 9~ elay of
~ I~iay n. i~~ 75
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