HomeMy WebLinkAbout0255 and il~al! pP~jor~, c~omp~y wilti ond oblds 6y each and eaery t~e ag?+~m~nl~, slipu~nlloni, con~tUona and ~
corenants ~hereoJ, and oJ thla mo?t~ape. Ihen tl~u mortgage and the e~late here6y cnaled, ahaU ceaas. d~-
termine and 6e null a~d iwid.
~ ~ the mort9a9or f~ew6y Jwt6e~ covennnta and ag?ses !o pay prompfly tvlten ~Iw tke principnl and
interesl und other aums o~ money proutded /or !n anid ~ote and fl~it mortgap~, or vlt6~r; to pay nll ar~d
atngu~a~ t~e faxea, asseasmenfs, ~eutea, IiaGil!lle~. ob~igalion~, and encum6rancsi o/ every nalure on sutd pro-
perty; to permit. commll o~ suf(e~ no wwle. impnirme~f o~ defe?io?ntion of saicl ~and or tl~e improoenienb
!he?ern at a?~y lime; to ~r~?p !he ~ui~ings now or hereafle~ on sald [and /utly tntured tn a sum o( not ~ess '
~~1°" the first mortgac~e ~ou~t
in a company or rnmpanies acYr ta6 e o t e mortgagee, the poltcy or policees ~o be.held 6y, and payable
to, satd morfpagee, anc~ in fhe event any swre o~ money 6ec~omea ~yabl~ 6y vlrtus o~ such i?uurance f~t
mortgagee sleall faave !tie rlgh! fo recetve and apply t6e aame to tl~e tnde6tedness here6y secured, aecounting
fo f1~e morfgapo~ ~or any surpl~~+; to pay a~~ cosfs, charges, and exper~sea, inc~udinp ~awyer s f
ess and tlt~
searc~rs, rensona6~y tnctu?e~ or paicl 6y tF~e mortgapee 6ecause: oj !tie rni~ure ol fhe mortgagor lo prompt~y
and ju~~y comp~y wifti itie ugraemenfs, stipu~ultons, c~onclilions an~ rnvenanl: o~ said nole and 11~is mortgage.
o? eit/~er; fo per~o?m, corr~ply wtth and ab~de 6y each a~d every the agreements, sltpujations, co~difiona antl
covenanls sef jwfh in saicl nofe and I~ia mort~age or eit~er. /n tf~e event !he mor[gagor ~at~.t lo pny w~en
due any tox, assessmenf, insuronce premium or oi/~er suin o~ money paya6[e by rtrfue o~ said nofe nnc~ thLt
mo?tgage, o~ eilj~er. I~ie mort~agpe may pay f~e same, wilhout waiatng or a~~ectfng t~e~opflon to ~orecjote
or any of/ter ~ig/~t I~eretuuler, ancl aII sucti payments'shaU bear interest ~rom dale 'tl~erro/ at the I~Igl~eat Iaw-
~u~. mte then QUo«~c~l by thA ~ws o/ flee Stotp a~ Florit~a. ~
7~ any sum o( monPv f~erein rr(e?rec~ fo be nof pmmpl~y patc~ wtth[a ~irty doys nexf n~ter
f~e samA becomes ~up, or i~ each anc~ pvery fhe agreements, stipulationa, condifions und _rnvenonts o~ snid
nofe ancj this morlgahp, or. either, are nol ~u~ly per)orme~I, co»tplied witl~ an~ d6tded by, then tlte enl~re
sum mentioned in aaicl notP, and tl~is morfguge, or tti e entire 6abnce unpaid thernon, sl~all f
orthwilk or
tbereu/ler, nt th~ oplion o{ 1he mortga~ee, 6ecomp nnd bp due and paya6le, nnyttiing in said note or f~erein
to fF?e canirary notu~ifl~sfanrling. Failure• 6y Ihe morfgagee fo exe?rise any of f{~e rig~ts or op~tont herei~
providc~cl sha~~ not consfifule a u~ai~~pr o~ any rig{~ts or oplions un~er saic~ notp or f~is mortgage acerued or
I~pre4(f~r nccruing.
~n ~itness ~hee~eof~ 1{~e said morlgagor has I~ereunto sign~ and sealed tl~ese presents t1~e
c~ay aru~ yea~~irsf a~ove inrillen. ' ~
$~gnec~. seal ~ a? ir~rp~~ in !l~P presenrp oj:
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STATE OF FLORIDA, ~
cou:~~rv oF St. Lucie
I HERE$Y CERTIFY that on thi: day~ belore me, aa
o(ficer duly authorized in the Stat~ aforesaid and in the Countq afo~esaid to' uk~ acknowledgm~nts~ p~rsonally appeued
Otis L. Propst & Marjorie J. Propst L
to me known to b~ the prrson~ described- in and who executed the tor~qoinq instrument and 1~~/4 acknowkdged
bcfor~ me that ~xccuted the aamt.
•Y17:'1tESS my hand and of(icial seal io thc County and Stati• last aforrsaid this 'a~ K'~'.---~~. daY.,of
february A. D. 19
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"Orp~Y ~ ~ o:~~~- -
FIlEO ~NO RECORDEO ~:o'a:y Pub,~c. St~tc a! F;orida at Laf~e
3T. tGCtE CQUNtY Fl+~. tiiy C~Tr:::ss~~ ,.ce: u~~r.. ? t93i .
ROCER P~lTRAS Bcnded (3y'ri2:tnan, Tiit~n a l'::isc:tl • =
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J~,y I! I za AN'~4
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4U5546
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=:~L ~ PA~;f
r~~u r,w~,,,u„~ pnpama by.~ Treasure Coast Builders
291 S.W. Port St. Lucie Blvd. - -
Port St. Lucie, Fla. 33452
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