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HomeMy WebLinkAbout0911 • an~ shall per~orm, comply wilh an~ ~6~da by eac~ aric~ eaery t~e agrrements, sttpulations, condiUons and co~~enants IhP7P0~. Qflt~ Oj ~hIS MO?~~Q{~P. ~lIPIt ~1IIS 11101~~a~P qh~ ~~IP PS~fItN /1P?eb~? C/Pat~, fhQjl MQSO. de- lermine a~d lx~ null a~d i~oid. nIN~ !hP morlga~tor'~enr[~y (u?I~er covPna~fs anc~ agrees to pay p~ompt~y u~ken due f1~e prtncipcl and intc?~esl a~d otf~P~ sums of money provi~c~ (or in sai~ note ancr t~ls morfgage, or eelher: fo pny a~~ and singu~ar !~e laxes, assessmpnls, levles. ~ia~tlifies, o6lt~afions, anc~ encum6ran~es o~ ei~ery noture on said pro- pprty; to permil. rnmmif or su~jpr no u~asle, impairine~~! or Jeterioralion o~ said jand or fhe improuemenls thprrc•n ~t any fim~; to Ir~p tl~e buildi»~s now or hernaJl~r on said land )ully insu?erl in a sum o~ nol Ipss ~hQn MAXIMZA~+I INSURABLE VALUE ~ in a company or companies accPpla~Ie fo Ihp mortgaf~ee, the po~lcy o~ po~Ecies to be he~ hy, a~td paya6le to, sni~ morfguge~, anc~ in fl~e evenf any sum o( mon~y f~ecomes Paya6l~ 6y virlue oJ suc~ insurance the moHgageP shall {~ave Ihe riflht to ~~ceii~e and apply t1~e snme to the indebtedness liereLy secured, nccounting ~ lo ihe morlryanor for any surplus: lo pay a~~ cosfs, c%a?ges, an~ expenses, inc~uding jnwye~'s ~PPS and filje seorc{~~s, reasona~i~y incurrec~ or pai~ f~y I~e morfgal~ee ~ecause oj the ~ai~ure o~ !~e morfgaQor to prompt~y and jlII~V l'OMPIV U~IIR ~~R Q9fPPI1lPllIS, sfipu~ations, CO/I~IIt0I1S afld Mt~Plt(111IS O~ sai~ nofe an~ 1{~is morfgnge. or eiihpr: lo ppr~orm, comp~y u~ifh ane~ a~i~de by ~a~l~ Qn~ Pt~P1~ IIlp agreamenfs. slipu~ations, condifions nne~ ' cot+ennnts sel forfti in saic~ note and t~is motlgnge or P~IIIPf. ~fl IRP PIMIII Ih@ mortgago~ ~ai~s fo pay when a~un ony fa.r, assessm~nl, iiisu~anrr premium or oltie~ sum oJ money payab~e by virlue of sai~ ~wfe anc~ f~~is rreortgage, or Pif~~Pr, t{~e mortgagc~e may pay fhe same, withou! u~aibing or aj~ecting ftie option to (orec-~ose or any otl~er rigl~f hPrpunder, and n1I such payments shnll 6par inlrrnst (rom datp Ihereoj (II ItiP I1iQFlPS~ I4U?- /ul ~ote Ilien a~~otved by Il~e la~oa o( the Stale o~ Florida. ~l any sum o~ mon~y {tPrein re(er?P~ lo tie not prompt~y pai~ u~ifhin thirty ~ays next a~ter 11~e same F~ecom~s ~u~, or i/ eacf~ and ~~~ery IR~ p{~~pPI~IP/1I5, stipulations, conclilions anc~ co~~enants o( saicl note a?i~ il~is morlgage, or eitf~er, are not J~~lly ~~~~ortnpd, complied witl~ anc~ abtded 6y, tf~en 16e entirp sum m~~tione~I in said note, anc~ ttiis morlgage, or tF~e entire ~af~/1Ce ll/1pQlA, I~IPMOII, sf~a~l ~o~thu?itl~ or tl~ereafler, ~f 11~~ opfion o) the morfga~~e, {~ecome and be due and payable, anyt~ing in saicl ~o~e or hprein to 1{~e c-onlrary noluril~slan~in,y_ Failurn ~y f~e mortgagee tu ~xereise nny o( fhe rinhfs or opfior~s /~erein prot~icl~ s~al~ nol constitutP a waii+~r o( nny rigf~fs or opfions unc{pr saicl note or f~is rnortgage ac~rue~~ or tI1P~PAJIer accruing. ~ ~ ~~N.`~N ~,K~O`~ ~~P S(IICI morlqagor ~1p5 ~IpfPft/t~0 Sf!/AP~ QA~ SE~QI~ IhPSP p?PSPlIIS I~P t~ay nn~~ yea~ ~irsl aho~~p inriffpn. Signed, seQlrrl nnd tlelin~red in 11~P res~nce of . , - - G-~- ~ . ~ : ~ . .D....~~~~~-------- - ~ . ~ ~ Charlene Olivia Stalker --~t ~ ~t~.~cr.~_-- L - - - ~ I.~ - . f ~ - ~ - . i ; STATE OF FLORIDA, ~ 'f Couti'TY ~F ST. LUCIE ' I HEREBY CERTIFY that on this day, before me~ an i i officer Quiy auchoriz~a in cne Statc afuresai~i and ir. thr C,^,ur.:y ~i^re~ria to t~k~ ~~knowledamenu, personally appeared 4 CHARLENE OLIVIA STALKER ~ R to me known to be the person deuribed in and who executed the (or~qoinq instrument and S2'lE acknowfedged i befor~ me that S~'1@ cxccuted the same. ~i~ i t~ 17'NESS my hand and official seal in thc County and Stat~• last afor~said this .¢~ty .pf ~ ~ November, A. D. 1976. ~.."~~~n~,~ ~ - ; : .~.•;y3i, , ~ , p: . • ~ M: ~ Notary Public Sta~~, ~ ~~S]t~d8c. = ti at Large . - w... . . , . : i ~ ~ ''r' • ~ . My Commission.~xpi~~~=r • ~ = _ _ ~ . - : . t. . 3~ . , . ~:..t...~st ~ . FILED r,~ ~ K~~oRaEQ ~ ' E ~~~g1Y fLA. : st. R~~'_~. F'y.jFAS i ~ C4E~K T~; L~~ COU~.. i p~PCF~ y ' 7%is I~i~rrin~~ir~ prrpnnd ~v Z~, 041 ~'~b ~ry ~;OOK~W FJ~Gf i3W 6 n• c' ~ 3,,Q`7oi !I , $