HomeMy WebLinkAbout0661 nn~! .tihull ~?~•r/orn~. ~oi?~~?1~/ ~ciN~ und ul?ich~ /~t~ i•u~•h unrl rr~ the~ u~rr~•mc?ih, .~ti~~t~lufiur~s. cu?ulitiu?~s and
coccrtuqts tl~crco/. u~ul o/ thi.ti riiorl~u~;c, N~cn N?is l~~url~,u~.;r u~ul tl~e~ i•.,lutr l~rrrl,~/ ~vc~utc~d. sl~uN cc~ue, dc-
termine and l,c nuil n~ul cui~l.
~nd tlie n~ort~u~or 7ierebi/ ~urll~er cucenuufs a~u! utiri~es to puy prompll~ ~rhen due t1~e principal und
interest and otlu•r suues of ?»o?~r~/ prootrl~~l /c~r iu aai~l ~iolr ~i?~d N,i.. ~nnrt~nre, ar eitl~er; Ia ~xn~ olJ and
sin~;ular thc faxes, ~~.~sc~s.t~~~ei~tx, /c~cicx, liuLiliti~s, obli~~~tru?~.~, cnul eiu•tu~~l~runres o/ e~4cr~~ nutttrC O?t sui~I j~?o~-
e?t~; to )~c~rmil, cann~it or suQcr ?ia u•ustc, imJxiirinc?~t or dcleriorulion oJ sui~l lund or tlie in+prot%eruenfs
tl~ereon ut any tir~re; io kcep N~c buildin;;s nutc ar Itercu/fcr on xuid lund /ulh/ irisureil i~t u strm o/ nof less
than Seventy-one-thousand-and-no/loo--------------------dollars
in a com~wni/ or con~p~~nies ncceptablc tn N~e n~orf~;u~ee, ~IIP ~IOTICI~ pi ~~IIGICS to be /K~l~l by, nrtd ~xe~~al,le
to, said mort~a~ee, and in the cvcnt uni~ .s~un o/ monc~/ bc~•o?~?~s Jxu/uLlc bi~ uirfuc af sucl~ i?~.surunce the (
mort~;a~;ee sJ~all Ira~e tl~e ri~.;l~l to receice ~uul np1,ly ~l?e scuiie to Nie indeGfedriess ?~erel,J sec~~rcd. ~cco~~nting
to tlie mort~a~;or for an~/ surplus; ~O ~Nlt~ UII C08~S, chur~es, a~ul ex~xr~.ses, includint; laicyer's fees and title
searcl~es, rcasoru~I~ly incurre~l or ~?aid ht/ the ?nort~u~ee bcr•n~~se o/ d~e (ailure of the tnort~;a~;or to T~romNtly
aiul /ully ton~ply tcith Ihc u~;rcemc?~ts, stipula/ic?i4e, ['ON(IIFipl4S (71!(I (•occnurUs o/ sai~l rtotc a~d this t?iorf~a~;c,
or eifher, fo per/or?n, corfi1~G/ u•ifl~ a~ul abirlc br~ c•ucl~ ~nul eceri~ tl~e u;;rerernents, stipulutio?~.s, con~litiai~.s and
couerwnts set fortl~ in said »ote arul f1~is n~ort~;a~;c or cither. ?n tlee eucnt tl~e n?art;.?ar~r fails to jwy u~1?en
due a~?/ trix, n~ssessntcnt, irisurunce l~renrium or aN~cr siun o/ moi~ei~ ~x~yal,le by vireue of said note a?u! N~is
mort~a~;e, or either, tl~e nrort~o~;~•e may'x»~ N~e sa?ne, tcithnut u~aiuin~ or uDecting the oj~tion to ~oreclose
or an~/ otl~cr ri~;ht hcrecuuler, aru! ull such ~?cn~?ne?its shall bcar interest /roni dute Ehereo/ ot tl?e hi~/ecst ?u~r.-
ful rate then alloicecl l~y the laics o/ tl~e State o/ Florula.
any siur~ o/ ntoney lierein re./erred to bc uot promptG/ parc! u•ithin 30 days next ofte?
d~c san~e bcro?ncs dt~e, or i/ coch ~nil cuer~ Nie a~;reen~ents, ti/f~)IfIQlIp11S, caulitions mu! coe;enants o/ sairl
~ r~ote an~! tl~Cs nrort;;n~c, or eiN~er, are »oi /ull~ J~er/orntc~l, canplied uiN~ arul aG~dcd 1~~, t1~en tlic entire
~ suni meritio~ieel in sak/ note, nrzd tl~is snorlt;a~e, or the eittire l~ulunce un~xtul 11~ereon, sltall /orthecith or
I thereu~fcr, at d~e option o/ the mort~;a~cc, becomc anrl l~e due ~r~id Jw~~nL1e, an~thi~i~; in said note or )~erein
to tl~e contrar~~ notu•iN~.s•tan~lin~. l~oilure L~ the niortha~ee ta e.rerci.se on~~ o/ t1~e rihhts o~ options herein
prouiiled sl~nll not cons~it+~lc a tcaicer o/ uni~ ri~;l~ts or optior~s uuder said ~iole or t/~is mortgage acen~ed or
therea/ter accn~in~.
~n ~itness ~hereof~ the said mort~;a~or has I~crcunto si{;ned and sealed tl~esc presents tlte
da~~ a~ul year ~irst al~oce ~i-rittei~.
Signed sealecl und delit:ertd 'n N~e presence of: ~ ~
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~ STATE OF FLOAIDA,
COU\Tl' OF St. Lucie ~ t
~ T IiERE;BY CERTIFI' that on this day, lmforc mr, an ~
I I o[Ficrr duh• autin~rized in ih~~ titatr a(ure>aid and in the Grunt}• aforesaed to tuke ackrN~w~ledKnxntc, ~x•rwnally apEx•ared ~
Joseph F. Klosterman and Dorothy J. Klosterman, his wife I
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~ tn ~ut• I.u~~~cn 1~~ la• Ih~~ ~H•r.un ~!~•.i nfa•il in ,ui~l i~ lw~ ~•~~•c~d~•il th~• t~~n ~1~~inc in.inun~~nt .~u~l theY :~~-k~N~~~~l~•il~~Yl
~ l~~fi~r~• nx~ th.~t they n• ..ini~•.
~ I \\'i"I'\P.SS im .~u~l .uu! ullii i.~l .~•.d in thr ('~~i~nl~ :~n~ t i. Zbt~'1 da~• ~>f
~ December ~'?75.
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~ 3~A/~l~ r K07AP.Y P'.!'l!C STATE OF f!Q~;~A At I/.~~
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60NDE~ ~NRL Gc;/c fti IRiS fE:. 5 i:~r
~ FItF~ .1M~ o kAt INSURqn, ~
ECOROEO Gt ur~~~tviR,,fF:
~ St. LUCIC ~OUMtI' FLA. ~
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CLERl~ ~ :i~ IT ^ ~
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