HomeMy WebLinkAbout0655 a?etl ~I~all Jx~rform, con~p?y u•itl~ urul ul,irle In/ curh ui~~l ~•i.~•r~ thc u~rcci~ic~~ts, .~tipulations, co~iditions und
couc•nanfs N~ereo~, und u/ Niis rno?t~;u~;e, fhen N~is uiurl~u;;e ruul flur estute• ?u~rE~l~~/ creuted, s1u~11 cease, de-
tennine and 6e nu?1 a~ul ~nid.
~ N~e mort~;d~on c~rcb~~ furtl~cr coccnails u~ul a~rccs ta ~x~~ promplly u•l~cn due tl~e pri~~cipnl arul
interest ancl other sums o~ n?anc~/ pmoided /or in suid nale a?u/ th~ tnort~age, or citlier, to ~wy al! a~ul
sln~ular the taxes, assesx~~icr~ts, Icuic.~, IiuLilitics, abli~ulio~~.s, ur~d cu~~ti?nbrunccs c~/ ecery rwturc on snul prop-
erty; to pern~it, commit or suBer ?~o irusle, irn~xrir~nrnf or de~erioru~iori of suid la~ul or tlie improuements
tl~ereon at any time; to kee~~ tAe /,~~ildintis now ar 1~erea/~er on s~ri~l la?ul /uQy i~~sured in a sun~ of not less
than
in n com~x~ny or conqianies acceptahle to tl~e n~orl~a~ee, tire J~olicy or J~olicies to l~e )+eld by, and pa~/able
to, saul mortba~;ee, und in the ecenf un:J s~~rn of n~oney l,cco~»es ~wyaGle Gy uirtuc .o/ st~ch i~uyirance ilie
mortgagee shal~ haue thc ri~;lit to receice.and apph~ the sa»~e to the indeGtedness I~ereb~ sece~red, occou?uing
to the ,nort~;a~;or Jor an~~ s~~~pleRS; ro Jwy ull cosrs, chur~,es, urut exl~e~4ses, indudin~; laicyer's /ees a~ul title
sea?ches, reasonably incurred or jwid by the mort~;utiee because o/ N?e /ailure of tlie ~nortba~or to promNtly
antl fullt/ con~~~ly u•ith tl~e a~;reeme»ts, stipulationr, carulitioru n?ul couenants of suul note and tlits mortgage,
or eitl~er; to ~~er/or~n, comply ~ciNi a?u! abirle !n~ cach und ecery tl~e a~reeme~its, Stl~)tflQilO~S, corulitions and
coverwnts set forth i~i saul note arul t/~is n~ortgu~;e or eitlicr. l~ti the cucnt N~e mort~ugor fails to pay ichen
!iue an~/ tax, assessment, irut~ra:~ce premium or other s~~rn of morsey JwyaGle by virtue of said note arul this
mortga~e, or eiN~er, N~e morttia~ee mai/ pai/ N~e seme, ~cithout uaioin~; or o~ecti?~; t?se option to foreclose
or un~ other ri~;ht liereuruler, arul all sucl~ Jwyn~e?its shnl! Lear interest /rom date N~ereof at tl~e he~hesi law-
ful rate then nlloiced ~y Ihe laws o/ the State o/ Florula.
~l any sum of rnoney l~erein re%rred ~o l~e not prompN~/ jwirl i~ithin t~~Y days next a/ter
the same becomes due, or i/ ench and eoenJ die ogreenrents, sti~~ulatia~s, coiutitions arul co~enants of saul
note anrl this morttia~e, or either, are not ~ull~ perfor»ieci, complied eiid~ a?ui al~icied by, then the entire ~
stu~z rnentioned in saul note, arul tl~is ~~~ort~;age, or tl~e entire l~alm~e uripaul thereon, shall forthwul~ or
t?~ereafter, at t?re ot~tiori of the neortgageef l~ecome and be ctt~e arul Jwyal,le, anything in said note or h¢~ein
to the c.ontran/ rwt~cithstau/inb. Failure brJ fl~e mort~atiee to exercise am~ o/ the rights or options herein
~~rooic%d sliall not constitute a u~aiuer of ,any ri~;hts or oJ~tio?~s u?uler saict note or tliis mortgage acerued or
thercaftcr accruing.
~n ~~~~s ~h~Ol~ the sairl neort~;utior leas liereunto signerl and seaied these presents the
day arul i~ear first aboce u•ritten.
Signcd, se ancl delivered in the presence of:
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~ STATE OF FLORIDA, ~
i COUITY OF St. Lucie
~ I HEREBY CERTIF~ that on this day, before me, an
~ of&cer duly authorized in thr State afon•.aid and in the Giunry aforesaid to take acknow•ledgments, persoA~lX~
e' ,
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~ Zalia L. Brown ,.•",h' ~~i1b i '
' to nx• k~Nncn to IH• th~~ ~x•rv~n il~•x•rilH•~1 in :uul ~~Iw~ ~•~~~cnti•~1 th~• fun•~uin~ in.t[nnK•nt :tuti ;•,~~sfie"'••xt'le~Se~v
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; ~x•fun• ux~ t~wtt she ~•.~Y~~~n~,l t~u• ,.uni•. " r ~ c~'_; :
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; ~~'1"T\F.tiS n~y haud :tnd ullici.~l .i•a) in th~• Gn:nh aui) titat~• la.t :dun•,:ud thi+ = y Zsti~,~ ii ,I~ ::~y~f
~ November .a. D. t~? 75. _ ~ .r . _ _ -,;L
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: j NOTfRY PUg;tC cT
i.; ' C A1F OF FIORIDA AT UR(3!
~ MY COM.At_SrpN FX~wcS A~R. 18, 197f
5 ; ~ ' = \ ~OkDED THR'J GfN:p.AI INSU2,aMCE UND~RwRiTERS
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