HomeMy WebLinkAbout0245 and s1~a11 j~er/onn. can~ply ~citl~ urul ul,ide L~ euc~l~ u?ul ec~vy N~e u~;nen~c?its. .stipulalions. caulitioru and
couenants thereo/, arul o/ this nwrt~;u~;e, then t)~u mort;;a;;e aiul Nie esta~e herel~y creuted, sha/l cease, de-
termine and Ge null nrul ooid. ~ ' j
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~ the mort~a~o? hereby /u~the~ couenants arul agrees to J~ay ~~romptly ir.hen due t)ie principal arul ~
interest on~l other sums of tnone~ provided Jar in said note a~ut this »~orfRatie, or either: to }wy all a~ut
sir~ular the taxes, assessu~enfs, Ie~ics, IiaLilitics, oLli~;utiaru, and encuu~Lrunces of coen~ ~wfure on saul prop-
erty; fo ]~ern~it. eommit o? su~et no icusle. iiit~wirment or deleriorateon of stiid larul or !he improoentents
thereon at any time; io keep the builclin~s noev or hercu/ter on saul larui fupy iruured in a nrn~ of not le~.s
ehan Ten~Thousand and no/100 Dollars ($10,000.00)
tn a company or com~wnies acc~eptaLle to the mort~u~;ee, the policy or policies to be )~eTd by, a?ut ~ayable
to, saed mortbu~;ee, and in the event any svm o/ ma~ey becomes payal,le Gy uirtue af such insura?ice the
mortgagee shall haue N~e ri~;ht to receive and oppG~ N~e san~e to tlee indebte~lness 1~ereby secured, accounting
to the mortgagor for ony surp?us; to ~wy all costs, charkes, a~ul expenses, inclucling lawyer's /ees and titit ~
searches, ~easoiwbly incurrecJ or pai~l by d~e mort~;o~;ee l~ecuuse of d~e failure ~f the morfgagor to promptly
anci full~ cor?eply uith the agreements, sti~~u/atior~.s, coruli~ioru arul couenants of saul note aru~ this mortgoge,
or+eiNter; to perJorm, comply icit/e an~: abule G~ each arut euen/ tl~e oKreements, stt~ulations, condttto~u and
covenants ~et forth in said note arul this mortgage or eielier. In tlee event the mortbagor fails to pay when
clue an~ iax, ussessment, insurance premium or other sum of money ~wyal~le Ly virtue of saicl note anrl this
mo~tgoge, or eitl~er, tlie ntort~ngee ntay Jwy ilie same, ~i~Urout ~cai~en~ or ajfecting tl~e opteon to forec?ose
or any otlter right i~ereunder, arul alI such ~wyments sl~alt Gear interest fronr date thereof at the hi~hes! law-
ft~i rate then allou;ed by the laws of the State of FlorKla.
~l any sum of »ioney herein re%rred to. be not promptG/ ~wict icithin thirty days next after
the sume l~econ+es due, or if each arui eoery the agreements, stipulations, corulitions and cooenants of said
note anrl this mort~a;~e, or either, nre not fulty performed, complierl ioeth und abic~ed by, then ihe entire -
sum men~ioned in saal note, anct this mort~age, or t)ie entire ?~alance unlwid thereon, shall forthwith or
therea~ter, at the ol~tion o/ the mortgugee, ?iecome and be due arut Jxiyable. on~hing en sakl note o~ herein
to the contran/ notu:ithstanding. Failure bJ the mortgo~ee fo exeicise any of the rights or options herein
provicled shall not constitute a uaivcr of any rights or options urule~ said note or this mortgage accrued or
thereafter accruing.
~ tlee said mortga~;or 1~as hereunto signed and sealed these presents the
' ~n ~itness ~hcreof
day and year first aboce u-ritten.
Signed, sealed and deli~ered 'n~ tl~e presence of:
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' STATE OF FLORIDA, ~
; covh~[~r oF St. Lucie
! 1 HEREBY CERTIFI that on this day, before me, an
~ o@'icer didy authorized in thr State aforesaid and in the County aforc~said to take ackrww•leclginents, perwnally appeared
E
~ Alex B. Cardenas
k ( to nu~ k~N~~vn to IH• thr ~x•ru~n d~~•rilx•d in :~n~l ~cFH~ ~•~i~t•id~•~1 tfK~ G~n~¢oint! in~trunx•nt :?„~i he acktw~~~ledRcxl
f ~~x• ~h:~c he P\CCil~l•II ~IH• ti111N'.
i
~ ~~'I"I'\Etiti n~~~ h:ind :uid ulfici:~l ~a~:d in thi~ Counh~ :?nd titat~~ I:~+t :tfun•>aud this 2gth clay oE
i
; June i~. i~? 76
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State Documentary Stamps : " ~ ~ ' _
affixed to original note. - ` `~°`''~s
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ST. LU ~ECU~OEG _ - :~C'~~ i . '.c ' .
efC~E ~JUM7TY FLA, i~;; e
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~i 11 I~ s2 AM'76 ''~~•,;';sr,~~
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