HomeMy WebLinkAbout0838 and slinll pc~~orm, romp~y wifl~ anc~ a6icre fiy cwcl~ and every Il~e agreenteni~, alipu~ationi, ront~iltons and
c•orenanls Ihprro(. und o( fhis ino?Igas~e, Ihen this mortgape n~~~ tha estatv here6p c?pate~, s1~a~~ cease, de-
IPrmine ancr ~~p ~u~~~ a~~~ ~v~ic~.
ItiP mortga{~or ~~ere~v f url~~er co~~~nanls anc~ aprees io pay promplly when due the prtncipal and
inter+rsl nnd otl~pr surru ,o~ money provicle~I fo~ in satc, nofe and t~is mortgage, or either; fo pny a~~ and
--singw~n+~-1~?--/e.rrs.-easrrw~nw+l?-~+iesr-lie~+i~iiir~-o~i~)i+lia+ai.- ene~ encn~n~ne~ea-af eaery-nal+ue on saie~-pro---
pe?!y: to pe?mil, commil or su~(er no wastp, lmpairment or c~eterioralion of sait~ ~nnd or ttie improuemenfs
Ihpmcn al A/ly (IQ1P: lo kp.~p thp 6uijdinf~~ now o? herna(ter un satd land Jul~y insure~ tn a sum o/ no! ~ess -
than MAXIMUM INSLJRABLE VALUE
in a~•ompany or ~ompanles acc~E?la~~e fo thi?=fnorfgage~e, f~ie po~tcy o~ po~iciea to 6e tie~~ 6y, a~d ~ya6l~
io, said morrpaqe~, and in thp er.pnt any sum oJ money 6pcames poy~6t~ by virtue o~ suck tnsurance fhe
morlgaflPe shnll 6ave the riqht fo receiup nnd apply 1{~e same to Ihe inde6tedness here6y secured, accounting
to t~e morf~a~c>r ~or any surplus: fo pay a~~ costs, ctia~pes, and expenses, inc~u~ing ~awyer~s ~ees ant~ lil~e ~
sparr{~~s, r~nsona~~~y incurre~ ar paic~ hy !{~e morfga~ee heca~up o~ fhe ~ai~ure o~ fhP morlgagot fo prompt~y
an~ ju~ly i•omply u~ilh ehe agrec~menls, sfipu~afions, con~,ifions ancl co~~enanfs of saic~ nofe an~ Itiis rr~ortgage.
or eit~ier: to perJoim, complv u~ttli and a6ide by eacti anc~ every Ihe ugreemenfs, slipu~attona, conclitions and
co~=enants set jortF~ in said note and this mortgnge or eithe~. In tf~e event tlte mortgagor ~ai~s to pay u~l~en ~
due any fax. ~ssessm~•nl, insura:ire premii~m or other sum o~ money payob~ by vlrfue o( saicr noln anc~ f~is ~
morfgage, or PtIIIP~, thF rnortgagee may pay f~e same, without waiuing or aJ~ecting fhe opfion to (orec~ose
o~ any O~IIP7 ri~6t her~un~~Pr, QIII~ Q~~ suc~ paymenfs sF~al~ I~ear inlerPS! (rom ~afe ~(tP1'POf at Ihe highPSt Inu~-
'UI fAIP fi~~n A~~OII~B(~ ~)V ~~P. ~AIl~S 0/ ~IIP S~Q~P O` (-~O?t~a. -
)l a?~y sum o~ mun~•y ~ereir~ re(errP~ fo he nol prompt~y paicr wifhin thirty ~nys next o~fer
tl~e samP 1?~-om~s due, or i/ eac/e ana pi~ery fl~p ngreemenfs. sfipulafions, conclitions ancl corenants o~ sni.d
notP and this morlgac~p, or Pilher, are not ~u~ly per~ormed, compliecl witl~ anc~ a6ided by, t1~en 11~e eniirp
sum mentioned in saic~ nofe, anc~ tF~is mortgage, or the enfire balnnce unpaicl 11~Preon, shall /orthwitli or
I lhereaj~er, at th~ opti~n oJ fRe mortgagea. 6ecomP and 6p due and paya6le, anytl~ing in said note or I~erein
fo Ihe confrary nofu~iftistanc~ing. /'ai~u?e ~y ftie morfpagee~ to exercise any o~ ttie rig~ts or options ~erein
pro~~ic~e~c~ sha~~ not constiiufP a u~aii+~~r oj ~?~y rig~ls or options unc~er sai~ nole or ftiis mortgage acc?ue~~ or
t{~erea(irr acrruing.
~n ~itness ~IL~O~~ f{~P sai~ morfgngor has I~erPtu~lo sic~nP~I an~ sea~e~ itipse prpsenfs f{~p
t~aV anr~ y~ar first A~/01'P trtillen.
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SlgflP~. SPQ Ql1~ QP1i/~PfP~ /R ~ pr~s ICP O,' c ~ ~ ,
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, Ralph W. Edwards
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; . Blanche Edwards ~
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~ STATE OF FLORIDA, ~
~ Cot'•\TY <)F ST. LUCIE
~ I HEREBY CERTIFY that on this day~ be(ore me. an
o(ficer duly authoriz~d in the Stat~ a(oresaid and in the County aforesaid to tak~ acknowkdgmrnts~ ptnonally appearcd
RALPH W. EDWARDS.and BLANCHE EDWARDS, his wife,
to mc known to bc the persor6 d~scribed in and who CI~CUf!`d the [or~qoinq instrument and they acknowledged
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~ b~(orr me ~hat they ~x«~e~a the same. '
~ 1~'17'NESS my hand anA o((iciat xal in thc C:ounty and Statc last a(oresaid this ~Z ~ dzy o[
~ May, a. D. ~9 76.
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~ No ary Public - Stat f Florida ~
g; at Large .
~ M Commission Ex ires: D
~ y P 3-9'g
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; 7%it l~u~ni~n~~d prr~xrrr-d by: - , . o ~ • ~ ~ c -
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~ ~ = ~ 25? P~~ 838 . .
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