HomeMy WebLinkAbout1580 and shnU ~~ei/onn, compl~~ u•iNe ~rnd ui,ule l,y ruch un~l co~•ry the u~;re:cu~crits, sti~~eilalio~~s. conJitions nnd
co~enants therco/, and oj tGts n~ort~;a~;e, t)~en d~ia n~ort~u~c u?ul thc cst~~tc hcr~~l,?~ crcatcd, sl~all cease, de-
te?mine and Ge nu11 and coid. '
~ fhe mortga~;or )~ereby /u?ther couer?anfs aiul u~;rces to ~x~y pro?nJ~lly u~l~en due t)~e principal a?ul
~nterest anrl other s~~n~.s o~ n?oneJ provuled for in sai~l nate arul tl~Js mort~;age, or either; to ~w~ all arul
• singalar the taxes. assessn~e~~fs, leuies, liaGelifies, ol,li~dtio~u, a~ul e?u-~~uibra~~ces of cu~ry ~wture on said prop-
erfy; to J~ermit, con~mit or su~er ~w i~aste, irnpain?~ent ar de~ertoration a/ said larul or tl~e improoements
tliereon at any time; to keep the bail~lin~s noic or hereo/ter on said land fully iiutued in a sun: o~ not less
than ~
in a com~wny or comJwnies accepfa6le to the mortga~;ee, O~e poiicy or ~~olicies to i,e leeld by, nrul payable
to, saul mortga~;ee, and in tl~e euent nn,y s~um oj mone~~ be~omes ~wyable Gy ubtue o~ such ir~.surarue the
mor~gagee sha!! haoe the ri~ht to receiue end apply N~e same to the indeGtedness hereby secured, accounting
to ihe mortgagor for any surJ~lus; fo ~wy all costs, charges, arul expenses, inclu~lin~ laecyer's (ees aul tit(e
searches, ~easonably iiecurred or Jwul by the mo~t~a~ee I,ecause of the fnilure of the mort~agor to promptly
I and fully co~nply icith ihe abreements, sfipalatio~~.s, conditio?~.s aru! coue~wnts o/ saul ~wt6 ancl t1~is mortgabe,
or eitl~er; to per/orn~, comj~ly icith arul a6ule by cach and ecery tl~e agreements, sti~~ulations, co?ulitions and
covenants set forth in snuJ note urul this mort~;a~e or eitl~er. 1n the eucnt the mortgagor fails to ~wy ~chen
due any fax, assessment. i?uuronce premnem or ot)ier sum of money ~wynLle by oirtue of saui note arul this
mortgoge, or either, tl~e mortga~ee may ~wy t1~e same, u~ithout u;aiuin~; or aBecting the-option to foreclose
o? any other ri~ht hereunder, arul all such Jwyments shaU bear iiuerest f ro?n date ibercof at tlie hi~hesf inw-
fui rate ihen alloued Gy the lau:s of the State of Florida. ~
any sum of money herein refened fo be not prvmptl~ paecl icithin ~irty
ihe same becomes due, or if each a?u~ eoery tlie agreerr~ents, stipulntio~~.s, c~a~ulitions ancl cwaenants of said
note and t/~is mortga~;e, or eitl~er, are not /ully pe?formed, complied u;ith n?ul abided by, then the entire
sum mentioned in saul note, arul this mortgage, or thc entire 1~alancc unlwid thereon, shall forthwitl~ or
thereafier, ut the op~ion o/ tl~e mortga~ee, become and Le due nnd ~xiyable; anything ~n s~aid note or herein
to the contran~ notu;ithstaru/in~. Failure btJ the mort~ahee to exercise an~ of the ri~hts or options )ierein
prova~ed shall not constitute a uaioer of uny rights or o~~tio~~s uruler said note ar tliis mortgoge aeerued or
thereafter aceruing.
~n ~~Of~ the said mortga~or l~as hereunto si~ned and sealed tliese presents ihe
day and year first uliove icritten. ~
Signe s led arul delice ed in ihe presence of: ~
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` STATE OF FLORIDA, )
~ CoU1v1Y oF St. Lucie ~
€ - I HEREBY CERTIFY that on this clay, before me, an
o~cer duly autM~rized in the State aforesaid and in the Count}• afomsaid to take acknoH•Icdg~nents, penonally appeared
. i
GeorQe and Martha Rahming `
tu ux• k~N~~cn`(o IN~ tM~ ~x•rN?u di~u•rilx~d in an~l Iw ~•~~~~uG•~I tl~• furi•~oink imtmnx~nt :uxl they :~ck~N~~~•Iecl~Lec) ~
lx~fom uK tlud they ~•~~'~•~dt•d NH~ .:~un•. ~
~~'I'I'\Etiti my° h:~nd aud ul(ici:d ~c:il iu thi• (:u~u~ty and tihd~• I:t~t :iF~m•~.tid thi. Sth da)' of
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ST_ LUCic" GOUMTY ftA. Wtvi~:;~ ~:cA~ ;::.:~:,;~4
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H CLERK ~'~CUIT COURT ~ y ~ -
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