HomeMy WebLinkAbout2245 and s1~a11 per/orn~, cony,l~~ ~cith und uLide l,y cuc)~ und eucr~ tl~e u~;rer~~~cnis. stipaluNoru. cunditions and
cooe?wnts tl~erPO~, and o/ this ~nort~;u~;e, then tltis u~urtt!u~e unrl tlic cstutc IrcreGy crcated, shull cease, de-
termine and be null a?ul uoid.
~ the mort~a~;or 1~ereLy /urther covei~unts aiul a~;rec~s to ~xry psomp~ly wlien due tl~e ~ri»cipal aul
inierest arul oN~cr nims o/ moneJ p~ouuled /or in sai~t rwte a?u! t/~is inort~;age, or eitl~er, to ~xi~ utt ~rul
sir?~ular the tnxes, assessuieuts, Ieuies, liabilities, ob/i~nlio~~s, a?~d eru-~~n~brunce~ o/ eccn~ ~wtare on suu~ prop-
erty; to ~~cr?nit, comn~it or su(ler no uaste. im~wirnienl or defereorafion of soid larul or Nie i?nprovements
thereon at aru~ time; to keep the 1~ui/din~;s nvw or heri~u/ter on saul la~ul full~ i?uured in a sum of not 1eu
than Ten~Thousand and no/100($10,000.00) Dollars.
in a comJxtny or com~wnies acce~~tuble to the »~ort~;a~ee, the poltc~ or policies to be lield by, and payable
t0. satct mortgagee, mul in the ecent ony sun~ of rno~iey becomes ~w~nble Gy uirtae of suc1~ iiuuronce the
mortgubee shall l~aue d~e ri~;ht to receive and up>>ly tl~e some to die indebtedrtess hereby sccur~d, accounting
to the mortgabor for au~, sY~r~~lus; to ~wy ull costs, char~es, n~u/ experu~cs, inci~uling lawyers fees arul titie
searches, reaso?iabl~ incurrecl or Jwid b~~ the inort~;a~;ee I,ecai~e of the failure of the n~ortga~;or ~o promptly
arul fuIly cornJ~l~ icith the agreements, sti~nrlaliv?u, ca?ulitions ~~ul co~enants of said ~wte a?u~ this mortgage.
or eitlisr; to per/orm, comply tcitl~ and abidc Gy euch and euen/ !he abreements, stipulations, co?ulitions and
covenants set forth in saul note a~u! t1~u mort~a~e or eitl~er. In the eocnt N~e n~ortgagor fails to poy when
due any tax, assessment, insurance premie~m or other swn of mo~ie~ jw,yul~le 1~y virtue of said note and this
mortgage, or either, the mortgagee may Jwy the some, u~thw~t uaivin~ or aBecting the o~~tion to foreciose
or nn~ otlrer ri~ht )iereunder, a?u! all such poy~~~en1s shall bear interest /rom date thereof at t1~e hi~l~est law-
fuI rate t1~en allowed by the lau;s of t)~e State of Florula.
antJ sum o/ monel l+erein referred to l~e not ~~romptly Jwid ~~ithin thirty days next after
the same becornes due, or i/ euch anct ee~ery the agreeme~us, sti~ulatFo~~.s, coiulitioru a~ul eoverwnts of said
note and tliis mort~;a~e, or either, are not fuUy perfonned, complied ecith and abided by, tlien ihe entere
sitm mentioned i?i suul twte, a?ut this mort~age, or !he entire balunce unJwid i?~ereon, shaTl forthtcith or
thereafier, at the option of tl~e mortga~;ee, l~ecome and Ge due a?ul ~~ayaGle, on~thing in said note or herein
to tl~e contran~ ~wt~cithstanclinb. Failure by the mort~;a~;ee to exercise anr~ oj the rights or options )~erein
~rovuled shall rwt co?utitute a icaiue? o/ any ri~;l~ts or options under saicl note or iliis mortgage accrued or
thereafier accruirig.
~n ~itness ~hereof~ the sQicl mortgo~;or has hereunto si~;ned and sealed il~ese presents tlie ~
clay a~ui year ~irst abooe u~ritten. ,
Signed, s led anc~ delicerec! in the presence of: ~
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STATE nF FL.ORIDA, )
cov;v~n oF St. Lucie ~
I HEREBY CERTIFY that on this ciay, before me, an
o~cer dul~ autM~rized in the Jt~~te aforcsaid and in the County afomsaid to take ackno«•ledqments, personally appeared
Donald L. Bush and Anna L. Bush, his wife
to u~c~ kiN~~~n to Iw~ NK• ~x•rWin d~~x•rilx•d in :~n~l ~~Ix~ i~~i~•nt~•d tIH• (or~•~oiuK imimux•nt :iml they :~c~l-tx~~~•it~IKed
lx~fnm utc llw~t theY ~•~~ruli•d ihi• .:uni•.
~1'IT.\ESS m~~ h:~nd and ul(ici:d ~a:~l in th~• (:unnl}~ and tit:di• L~~t afur~~~:ud t6ic lOth tlay
October ~`y 75.
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~ Documentary stamps affixed to ~y
~ original note. - a; ~r _
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r~`~ i(.~f~ ~C~. _ ~71. ~`l7
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