HomeMy WebLinkAbout2140 anrl sl~all perfor+n, ~•omplv u~ith and a6ide 6y each an~~ e~~ery the ayrrempnts, sllpu~atlon's, conditioni und
coronants ~lee~ao~. and o( Il~is mortpos~e, Ihen fl~i~ morlgape and Il~e estata herebr created, shall cease, de-
trrmine ~u~d Ix~ nu~~ un~~ ~~oi~l. -
~tnd fhP mortpanor ~~en~6y ~u?Iher covenanis ancr agrees fo pay promplly when tlue Ihe prtncipnl and
inlernsi anc~ ot{~er suma of money provi~~PCJ ior ~n sai~ note unc~ lhis morfgage, or eif~er: fo pay n~~ and
sin~y[ijar t~~e tua.~s. waraan~rr~is, lPVlNS, ~in~~ijiliPS, ob~igalionr, oit~ encumbrancea oi euery nature on sa~d pro-
pe~ly: to permil, cummif or se~f~er 11P WQ~IA, impairment or ~eleriomNon oE said land o~ the improuemenU -
tl~e~rrcn at auy time; to ~PP~I II10 6uildin~s nour or I~~rrajt~r on said land f ully insure~ in a sum of not Ie~s
th~n full 3nsttrable arl~ow[1t
in a rom~?~y or campanies acc~plable fo f/~e ?nortgng~e. itie policy o~ po~tcles to ~e he~ by, and pnyable
fo, saicl morl,yag~, ancr in ihP PI~Pt1I any sum o~ money hncomea payab~e by rirltte o~ auch lnsurance _I~e
mortgappe shal! hai~e Ihe ~i~l~t to rec•eive and apply Ihe same fo t1~e inde6tedness I~ereby secured, accounting
b Ihc~ mort~anar (ur any surpliu; to pay all rosts, rharpes, and expenses, including lawyer's jees and tttle
~ searchrs, rnasonatily incurre~ vr paitr bv t~ie morlga~ee hecausP oj !~e ~ai~ure o~ ttio ireortgago~ fo promptly _
ant~ ~u~~y comply u•ith Ihe a~t?eements, slipu~ations, conc~ilions ancr coi+enants o/ said nott and Ihis rnorlgage.
or Pif~ier: !o perform, comply u~if{~ anc~ ahic~e tiy each anct ~very !he agreemenls, slipulat+ons, condilioru and
coi~enarils set ~orth in said nole und Ihis mortgage or eit~er. In the rvent i{~e moetga~or ~ails to pay when
due any tax, assessme?~t. i~sun~nce premium ar otF~er sum. o( money paya6le by ~+irtue o~ saic~ note and I~is
mortflngp, or eil~~er, I~e mort~~~ee ??~ny ~y thp snme, wilhout wniving or a(Jecfing !~e option to ~orec~ose
or any ofl~er ri~~Iil hert~untler, nnd all suc{~ paymenls sl~all 6ear inte~est /rom date thereof ae ehe (~~ah~:t b«~-
(ul rat~ Ih~n al~ou~ecl 1~y Ih~ ~~u~s o~ !he Stat~ o~ Fto~~dn.
~l any sum o~ mon~y I~Prein re~err~ lo he not prompf~y pnicr within 3~ c~ays next a~ter
1hP samp becomes due, or i( each and e~~pry the agreemvnfs, stipulalions. conclilions QRl! cover~ants o~ said
notP nnd lhis morf,ynq~, or pithnr, ar~ no1 f
ully pc~rjormed, complied u~itk and a6td~d 6y. lhen the enti~e
sum menlionecr in sai~[ nofe. mi~ Ihis mortpaAp. o~ thp entire bn~ance unpaid tl~areon, shal[ fortl~witi~ ~r
thereaJter, af f~i~ oplion of f~e morf~aflee, becomp an~ ~e ~ue and payo6le, nnyl/~inp in snicl note or heraln
to thp conirnry nofu~ifl~sfancling. FaiG~r~ by Ihe mortgagee to exercise any oj t{ee rig~is or option9 herein
proi~it~e~c~ sfia~~ nof conslilute a wainpr o~ any riRhls or opfions under said nofe or Ihis morfgage nccruee~ or
therna~t~r nccruin~.
~n ~itness ~hereof~ Il~~ saicl morfc~n~or l~as I~prPUnfo si~nerl an~I s~ale~1 these presenls tf~p
c~oy ~n~ y~nr jirsi ahone ~nriilen.
$ignecl; se ecl attc~ c~P~irere~ n lf~e prr.spnr~ o!:
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i!!~~!Si.~:.Y....- • - ,X-- ~ - - - ~ - -
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- -~~~~'~nes Buc ano .
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STATE UF FLORiDA, J ~
CO~-\TV OF S't. Lucie
I I~ER~BY CERTIFY that on this day. before me~ an
of[icer duty authorized in the Stat~ a(oresaid and in th~ County atorrsaid to tak~ a~~nowledgmrnu, p~nonally appeared
I, JAMES BUCHANON and MARY BUCHANON, his wife
; to m~~ known to tk th~ prrsonS d~scribed in and who executed the for~qoinq instrument atEd they acknowkdged
j beforc me that t~y cx~cuteci the same.
~ ~1'I7'~ESS my hand and c.ffiaiai ~rai in ihc t:ounty and Statc Iast afor~said this ,~j daY ~
September p, p, ~9 75 •
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4 Ftt~~ a~~oa~~j, Notary Public, State of Florida
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.I4.. ~~".,~si`. {~.YJ~-'' .1'1
~ ~,,c•~i: ca~RT My Commission Expires .
o`. pT.. c~ _ c~~:~~, ~,Ca .
:`N . ~ ~ : ` ' Notary Pu~'ic, SVte ot Flaida at Larqe
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~ , '`'~s 1d1r Co~s~sissioe E,cp'ua Feb. 23. 1976
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I%i~ l~uln~nr~n~ pr~pnn•~! by: k
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P. 0. 6ox 3}05~ Fat Pierce„ fW~ida - ,
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