HomeMy WebLinkAbout2992 antl shall ~?c?/arn~, comJ~ly uith u?~d uhide G,~ rurl~ unrl ~~~rr~ N~~ u~rri~~~irnf.~. sfipalulfous. ra~dittons and
roucrumis fhcr~~oj, a~~d o/ Ihi.s ?~iort~u~c, f/~en Ihis n~ur~~uri~ u?ul Nu~ ~~slut~• lu•re•l~?/ ~•rcutcd, xlial~ ccc4se, dc-
termine and Le null aru/ card. ~
~d the morf~a~;or I~erebt~ ~t~rfher covenunts and u~;re~rs to Jxii/ pro?nptG~ u•hen due ihe >>rincipal u~sd
interest an~l otl~cr s~tuns of rnoncy ~~rouidcrl ~or in sued ~iota au1 f/~is r~~ort~ugc, or eitl~er, ta J~ay all arul
sintiular N~e faxes, ussessuicntx, lccics, IiuGilitics, ~~I,Jirutia~.~, u~~d c~u•uuihrunccs o/ cucry ralure o~~ suu~ prop-
ert~; to p1`?niit. cont?»if or su0cr no icusle, ini1wfr?»enf t~r dcfcriarulion o~ suid lontl or tlic F?nprovc~nents
t1?ereon at any linie; to keep d,e buildin;;s now or 1~ereu/fcr on suid ?un~l Jull~ i~~.s~~rr.d in o su~n o/ nat less
tlian Fifty five thousand and no/100
in a comJwny or com~xmies acceJ~tuhlc~ to fl~e ~nort~;atiee, tl~e po1i~~~/ or J~olicies to Le l~el~l Gy, and ~~ayable
to, said morthahee, nnd in the ecent any sy~m o/ »rauey becon~es Jxn~able by virtuc o/ sucli i~uarance the
mortgaree shal! /?aoe the ritilit to receioe a~~d appG~ the snn~e to d~e indeGte~l?~ess liere~iy secured, accountin~;
to the inortgo~or ~or anr/ surpltts; to ~wy ull costs, chur~;ex, a~ul expe~~.ses,.incluclin~ lau~yers /ees a~ul tifle
senrches, re~~.soruil~ly incurred or ~xtid 6~~ the ~»ort~;u~;ee lm.cuuse o/ the fuilure of thc n~ort~;a{;or to ~~romptly
a?ul fullt/ co~»ply ~cith fGe a~;reeri~c?~ts, stipulutioi~.r, can;/itio?u u~u! cocei~unts of sai~l riote un~l t/~i.s mortha~;e,
or either; to J~cr/orrn, complq u•ifle uru/ ahide bq cach and ecer~/ thc a~rcemenfs, stipulatio~u, conditio».s and
covcnants set forth in saul note urut this ntort~;u~;c or citl~cr. M N~e eucnt the mortaagor fuils to ~wi/ uhen
deie an~/ to.r, ass~c.~.sment, i?~.surance j»emium or otHer sum o/ nrone~~ ~wyvLle b~ uirtae of said note a~u/ tliis
mortgu~;e, or eitl~er, the mort;~urce rnm/ Jw~J tl~e sanee, uylhout ecaiuin~; or aQectin~; Nre option to foreclose
or an~ othcr ri~ht l~ereirnder, mul ull sucle ~x~eJments sl~ull I~ear interest fran date tlicrco~ at ihe /ei~liest la~i•-
fal rate tl~en allviced Gy the la~~s of tl~e State of Florula.
nny sum o~ ?noney Irerein re%rred to I~e not promptly jwid eritlifn thirty daqs next after
tlie same becon~es due, or if each and eoer~ Nie n~reenients, stipu~utio~~; coiulitions a?ul couerwntr of saicl
note a?ul tl~is mort~;~~;e, or eitl~er, are not /ully ~~erforu~ed, complied ~riN~ a?ul aLirled b~, N~en the entire
siun n~entioned iri saic/ iwte, a~ul tliis mort~;age, or t1~e e?itire l~ulunce ~rnTwu! thcreon, sl~al! forth~cith or
diereafter, nt the o>>tion o/ the mor~ga~;ee, become and be rG~e arul ~w~aGle, on~thing in said note or herein
to the contran~ nottcithstundin~. Failure 6tJ tl~e mort~u~ee to exercise any o/ the ri~l~ts or options l~erein
prouirled .shall not constitute u ii•aiuer o/ any ritilifs or optioiu untler soid note or t/iis ?nortgage accn~ect or
therea~ter accrui~i~.
~n ~~~~s ~hereof~ the snid morl~u~;or has l~ereunto si~ned and sealed these presents tlre
cla~~ a~ul _year first nboi;c ~rritten.
Signed, se led und de?tcered in tlie presence of: ;
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~ STATE O~ F1.ORlD~,
cou~lti• oF ST. LUCIE ~
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~ I IiEREAY CERTIF'Y that on ihis day, lxfore n?e, an ;
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j oH'icer duly autiwrizcd in t}x~ St:?te a[onwaid and in thi• County aFurc+aid to take ackrxn+•iedgmenG, ~e~rwtuilly appcared i
~ Joseph F. Klosterman and Dorothy J. Klosterman, his wife }
t tu inr {.n~~~~n tn IM• IIu• ~x~rum3 ~l~•K~rilx•d in a~~~l ~cir.r ~•~ir•~d~•~1 thr I~~r~•~~~iu~ ~mtn~nu•~~t :~n~l ~eY :~cktw~~•Ir~l~;~vl {
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~ I~~furr tur tlu~f they ~'\IY'IIGYI ~II/' ~:Illtf''
~ \1'IT\h:titi my- Icu~d au~l ulliii:d v•al in (I~r (i~cmic au~l Slal~• 1:~.t at~~r~•.aii) thi, 13th day of
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May i~. ~~3 ?5.
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