HomeMy WebLinkAbout0956 orul shal~ J~erjonn, corr~Nly erith u~ul al,ide G~ cach uu~f c ucr~ the u~;n~ru~enfs, stipulations, co~uluio~u on~t
couenanfs t/~er~o/. mu! o/ tGis rnvN~;a~;e, tl:en lhis rnartru;;e a~a! ~Ge eslatn hereG~~ created, shal/ cease, de-
terrnine arul Ge nuU a?u! void. ~
~ the mortgagor hereL~ fu?tl~er couerwnts a~ul a~;~res to jay J~rornpfiy u~hen due the Nrincipol and
inte?est and other sunu oj niarcy prouuled /or in soitl note ar.d thLs r?iort~u6e, or eit?ier; to pay ait and
ser~ular the taxes, assess~neu~.r, leuies, liobili~ies, obli~;utivr~s, o~~d cutY~mbrunccs of cucry tulture on soKl prop-
erty; to j~ermit. con~i»it or suQer ~w ~raste, irupairrncn~ or dc~criora~io» of said lo~ul or tl~e in~provements
thereon ut any time; to kee~ Il~e buifdin~;s rw~c or )ieren/tcr on saul lund Jully t~~surcd in a sum o/ not less
thun
in a comjwny or com~xrnies acceJ~table to flie mort~;a~;ee, t)~e po?tcy nr 1~olicees to Le held I~y, arut Jw~able
to, svut mortaa~;ee, u~u! in thc E~ent uru~ sY~m o/ money beco~ues payaGle Gy virtue o/~ such iiuurance the
mortgagee shall have the re~;ht to receie~e anct app?y Nre san~e to thP indeLfedness here~y secured, occouiuing
to tl~e mortgo~or for any surJ~lus; to ~~ay all cosfs, cleur~;es, aiu! expe~ues, incGuling ?nwyer's jees aiul iitle
seorches, reasonably incurred or paid Gy d~e mort~;a~;ee becuuse oj the fpilure of tl~e mortgagor to promptly
and fullrJ com/~fy tcith fhe a~;reeriienls, stipulations, co~ulitions an~l co~enunts of sakt ~wte arui this rnortguge,
or either, to perfonn, comply ~citl~ a?ut al,u(e by cach und ecery the agree»een~s, stipulateons, eonditeons and
coverwnts set Jor~h in sau! note oru! this mort~;age or either. In N~e euent dee martgagor fails to pay u:hen
due any tax, asses~ment, insurance psemium or ofher swn oj money ~wya6le by nertue of snirl note and t/iis
mortgage, or eitl~er, t/ie mort;~u~ce ma/ ~xry (l~e snnie, ~c~it/~out uaiuin~; or u8ecting the o~~tion to /oreclose
or any other right hereuruler, a?ul all suc/~ payme~us shall Gear interest jran date thereo/ at tlie hi~hest Jatv-
ful rote then allou:ed Gy ~he lau;s of the State o/ Florida.
an~ sum of money l+ereir~ r%rred to Ge not promptlt~ Jwul icid~in thirty days next ~rfter
the same l~ecomes due, or if each u?ul euenJ the agreernents, stipulatioru, corulitioi~,s and cot:enants o~ said -
note a~ul this mort~a;;e, or either, ure not /uUy per/ormed, complied tci~le and aGided by, then the entire ,
se~m menteoner! in saic! note, and this mort~uge, or the entire liala~tcc un~wal thereon, shall /orthw~ith or
thereojter, at the option o/ ti~e mortgagee, Gecome ond Ge due aru! jwyal,le, unything in suid note or herein
to the contrary notu;it/~stamlinE;. Failure l~y the mortgahee to exercise any o/ the rights or options herein
prouuled shall not cor~stihde a ecoiver o/ any rigl~ts or options uruler saed -nole or this mortgage accn~ed or
N~eneafter acc?uing.
~n ~flitness i~hher~of~ tlie said mortga~;or has hereunto si~ned aul sealed these presents ihe
day and year ~rst alio~;e u•ritten. _ .
Signed, scale arul deliuered in the presence of: -
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STATE OF FLORIDA, ~ . '
Cov~rrY oF gt. Lucie ~ ~
I KEREBY CERTIFY that on this day, before me, an ~
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o~aer duly atttlx?mecl in the State afonsaiJ arnl in the County a(oresaid to take acknoKk~lgments, personally appeared ~
John 3hiplep and Shei2a 3hipley ;
to nx~ k~w~~ n t~~ l~• tFw• ~x•r.nn g d~-scril.ed in :in~l Iw~ ~~ur~di•d tlw~ (un•~uin~ i~ntn~nN•nl :uNl ~gy ackta~vlecl~ed ~
Ix~fam uK• tlcd they ~•\lY'l1~lYI NM .auN.. ~
1 ~~'IT.`:ESti n~y huu) :wd n!(ici.d .i•:J in ~}Y• CIIItOI) .111(I 1I:d~• la.t :durc~:ud thi~ 12tZ1 ' d1~r of #
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i ~1~:IC STAT OF~[Ol18~ ~
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_,~~v+~`~ ~ED IHRV GErlflbu ~?~y~' ~
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