HomeMy WebLinkAbout0702 anci sl~al! ~~cr/onn. con~~~l~/ u~ill~ urul aLi~lc by i~uc~h uu~l rt-rr~ N~e u~;re~c~??iev+ts, stip~~latioiu. ~•unditions und
couenonts thereo~, und o~ fl~is mort~;u~e, then t1~is ?uurtru~e uu~l tl~e c~stut~~ hcreht/ rrcufed, slinll ceasc, de-
termine a~u! 6e nall arut coict. ~
~ tlee mort~;o;;or lierel~y jurtl~er coucnurats urul a~rees to J?a~/ ~?ro~nptt~ tchen due tT~e principol urul
interest and afhcr sums of n~ar~cy provided /or rn said nate a~ul t/~ts mort~;abe, or e111ier, to ~~aq oll mul
sin~ulur the tnxes, assessnte~its, Ieuies, liul~ilitics, oLli~atia?u, uud enc~uiu/~runces a/ cucry ~wture on suul proN-
erty; to )~cr~nit, commit or s~~Ucr no ic[ute, i~n~wir?~~cnf oi dcleriorafion o~ sai[l luiul or the improvements
thereon vt any lirne; to kcep Nie huildii~~;s noic or hercuflcr on saut lond /u1G~ i~uurcd in a nun o~ not ?ess
thun ~
fn a comJ~any or con~~xrnies accepfubtc to tl~e mor~~u~ec~, tl~e pvli~~y or ~~olicies to l~e hel~l l,y, and ~,nynble
to, said mort~;a~ee, alul in tlie e~enl um~ sym~ o~ money be~corues jwyaGle bi/ virfue o/ such r~ut~runce t1~e
mortgn~;ee sleall have tl~e ri~;ht to receiie and ap~,ly the same to the indeGtedness 1~ereG~ secured, accounting
to tlie w~ort~;a~or for any st~r~~lus; to Jwi/ oll costs, chur~;es, u?ul exper~ses, i~~clt~di~ig kt~cyer's• Jees and title
searchcs, ieaso?wbly incurred or ~wid by tlie niorl~;~~;ee l,eca~u~e o/ il~e /oile~re o( d~e mortga~or to promptl~
arul full~ co?nply u~ith tl~e u~;reements, stipulaeior4s, conilitia~.s ~rnd cvoenmits oj saul ~wte uru! this mortgoge,
or eiNier; to ~~er/orn~, comply ~cith a~ul ul~i~le b~~ cach and eoery tl~e a~reer?ients, stipulatia~.s, corxlitior~s antl
covenants set fort/~ iri saul note urul tl~i.s mort~uge or either. l~i tlie evcnt the mort~agor fails to jwy ~chen
~lue any tux, asse.ssrnent, iruurance premium or o~l~er suu~ o~ ~?~oncy jwyu~7e l~y Uireue oj sai~~ rwte urul t1~is
mortga~e, or eillier, tl~e mortha~;ce may pay tl~e same. ~cil?fo~d ~cuiuin~ or aBecting tl~e option to foreclose
or any od~er ri~ht hereuruler, a~ul all suc/i ~wyrnents shall Lear interest from date tliereo/ nt tl?e hi~hest la~c-
ful rate tl~en allouecl ~iy the lau;s o/ the State of Floruta.
any sum of n~oney herein r%rred to be not prnmJ~tG~ Jwid u;ithin thirty ~ys nexi after
tlie same becomes rlue, or i/ eacl~ ~nc! eoenJ t1~e ogreements, sti~~t~lutior4s, co~utitions a~ul couenants of saitl
note ond ihis mort~;n~;e, or either, are not /uUy ~~erformed, comp(ied eritle a?ul abided by, tlten the entire
sum men~foncd in snu! ~wte, ond this mort~abe, or tl~e entire balance unrwicl thereon, sl~all ~orthwith or
tl~erea/ter, at tlie option o/ the mortga~ee, become ond Ge rlue a?ut ~wyable, nn~theng in sakl note or herein
to the contran~ iwt~ci~h.rtandin~. Fnilure by Nie mort~;u~;ee to exercise any of tl~e ri~hts or options herein
provided shull not constitute a~coioer o/ an~ ri~;lrts or o/~tiorts un~ler saitl nole or tl?is mortgage accruecl or
N~ereafte~ accruing.
' ~n ~itness ~hereof~ tlie said mort~u~;or has hereunto si~;ned and scaled tl~ese p?esents tlie
da~~ arul ~/ear first alioce irritten.
Si~ned, sealed and delicered in the ~?resence of:
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~ STATE OF FLORIDA, ~
4, cou~i~ oF St. Lucie
s I HEREBY CERTIFl that on this day, bcfore me, an
~ o8'ice: duly autFx~rized in thr St:ite afomsaict and in the County aforesaid to take acknow•ledRment~, personally appearecl
F
~ Henry Blanson
~ tu nN~ k~Nm u to IN~ tFx• ~x•rain ~1~•a~rilM•~I in an~l ~~lN~ ~•~~Y nt~•d tbi• tumt!uiu¢ imtru~n~~nt :~u~l he ackntm•1c~IQrd
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