HomeMy WebLinkAbout0668 nnd .tihn11 J~~~r/orm, com~~li~ u~iN~ un~l u1~i~lr~ hi/ rurh unrf r<<~r~ ~!~r u;;re•~~n~~wl?. ~ti~,ulu!iu?ts. r•un,litiur~s und
cocerw?~(s ti~crc~o/, ~uid u/ this n~ort~;u~;~~. tl~cu this ~rrt~rlrrt~v u?u! llu• i•atulr lurrE•1,~~ ~•n~utcd. ~l~uN rc•r~.sc, clc-
tcr~nine a~id l~e nuil and roirl.
~nd tl~e rnort~u~or hercl~l~ ~GrfI1Cr COeClwnls a?ItI a;;?Yri~s to Jwy pruti~~~Ny u•I?en dttP the prinripal ue~d
intPrest and oN~c•r s~~ms of »~o~~ei/ procr~l~•~l far in sui~l r~otr. a~ul N~is rnort~;~~~;e, or either; to ~xn; ~1l aru!
sin~~~lar tl~e tnxes. nsxesarr~ent.~. !~•cirs. fiul~i?itic.s. obli;;~lliur~~, und rn~•umbrauces of ecerr/ ~uifure on suid p~op-
ert~; to pcrn~il, cornmit or suQcr no irustc, i?nJwirmriit or dcleriorulion o/ suid lu?u! or the iiuproucinents
tliercon ut uny time; ~O ~CC~) tGe Luil~li~i~s no~c or GercuJlcr on suid lund /~i!!i~ i?~.s~~rcd in u sum o/ not l:.ss
tl~en Eight Thousand and no/100-----------------------------
in a compan~~ or com~xiuies acerptublc 7b t)~e rnoriha~~•e, N~e polie•y rn J~olicies ta bc~ hcld b~/. nud payal,le
to, snid mort~;ahce, ~:n~t in die ecct~t uny s-~un o/ munei/ l~ecomc.s ~~y~t,t~ r„~ ubhie a/ syu•l~ i?uurunce the
:nort~;~~~ee shall hace the ri~ht 1o rec~eice nn~l upJ~l~~ the .+uu~e to N~e indebte~lriess I~ereGy securecl, accounfing
to tl~e ?nort~;a~;or ~or an~/ surplus; to ~xu~ all cosrs, chur~cs, und CY'~14YCS, includin~; ?~nryer's• f~es and title
searches, rccGSOnablq iucurred vr ~xtid by tl~e ?i~or~~u~;cc l,cruuse o~ the /nilure o/ thc mort~;a~or to promptly
ancl /uNq cornply ~cith fl~e u;;ree»~ents, .sfip~ilalions. can~litia~.s an~/ coununts o/ suid ~ate and tl~is rnvrtga~e.
or either; to ~~er/ortn, con+plt/ u•it/~ uiul nl~i~le l~q c~arh u?ul ccer~~ Nie u~reentcnts, stiptilutto?~.s, condilia?~.s arul
cocerumts set forth in sui~l nole urul tl~is mort~;utie or eiN~er. In tl~e ecent tl~e mort~;a~or fnils to ~w~ u•)ie~i
diie any ta.r, assessment. ieisurance preniium or other sur?i of money ~xu~abie l»~ virtue o/ said note arul N~is
mort~u~;e, or either, the mort;;n;;ce n~ar/ ~xn/ the same, ~rit/~oat ~cnicin;; or a8ectirig dte o/~tion to joredose
or anJ oNie? ri;lit leereuruler, c~rul oll sucli Jxrymenls sliull /jeur interest Jrom dute tlicrcoj at tl~e )~i~hest Ia~e;-
/ul rate tlien allou;ed by the la~cs o/ tl~e State of Floridu. ~
_ any sunt o~ ntoney hcrcin re/crred to l~e not pranpll?/ puid u•ithin thirty clays riexf a~tc~
( t1~e same l,v.co?nes duc, or i/ each a?u! even~ tlie a~;reements, sti~~u/utio?~.s, co~ulitior~.s ancl covenants of sau!
note and N~is mort~;a~c, or eitl~er, are not ft~llrJ ~~er/ornied, complied tciN~ arul abidecl b~, t)~en tl~e entire
sum »~cntioned in said ?wte, a~ul tliis it?ort~abe, or tl~e entire I~a(uru•c unjxiul thereon, ~sliall fortl~icitl~ or
t1?erea~ter, at ~l~e ot~tion of tlie mort~a~;cc, become ~~nd Ge due a~ul ~wyaGle, un~thing in saul note or h2rein
to tl~e co?~frun~ iwtu•ith.~~tundin~. Failt~re GtJ the mort~;a~ee fo exercise an~/ o/ the ri~hts or options l~erein
- prouulec! sl~ull not co?utitule u uaiuer o/ uny ri~;hts or optio?is ttnder said nole or tbis mortgage accrued or
tl~ereafter accrui?~;. _
~n ~itness ~hereof ~ tlie said mort~;aror has hereunta si~ned and sealed fliese presents ihe
da~~ a?ul t/ear first al~ove icritten.
Sigried, sealed and deliver~~d ir tlee presence of: ~
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~ STATE OF ~LORIDA,
~ COU~TY UF ~
~ St. Lucie
I HEREAY CERTIFY that on this clay, before me, an
~ officrr d~dy au~M~r~zed in t}K• State afure•wid and in tix~ G~unty afuresaid to take acknoW~ledgnx nts, perwnally appearecl
Clarence H. Prescott and Elaine Prescott, his wife
tu ~ue• kiNi~cn tu IM ~IN' ~x~r.un gl~•.crilx•~I in :uul IN~ ~•~~Y iit~~~l tIN• I~~r~•~:uinK in~tnnnrnt :~n~l they :~cknua~leclQctl ~
~ IN•(on• ~rn~ th:it they ~•~iri~t~•~I Ihi• ..~nu•-
\\'IT\ESti m~~ h.utd :uul ol(ici:d x:d in th~• Cuiud~ an~l titatr l:t~t alun~.ti~l thi. 31st . -.~~y of ~
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December ~ ~ 75 ~ .
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f~1.~,~~~E ~pq~ttt?Q~pS t
~ '~1~GEi~•~GV~~ C i
L~~o~,ER.F~E~ ~,1L~ BOOK~47 pac~ 6~~ ~
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