HomeMy WebLinkAbout0794 ~n~~ she~ll p~~?~orm, romplp irith and a6ide 6y eue•1~ ancl ei~p?y Il~e agreemerAs,'atlpu~tlons, condltiona nnd
co~~Pnnnls thPrt~oj. ~nd oJ tl~is morf~asie, then Ihis mort~ape ond tl~~ estate I~ere6y ~?Patpcl, al~all cPws, ds-
IP~IIIIfIP (111~ ~?P flill~ u11~ 1`01~~. '
Tin~ 1~~~ morlga~i~r ~~~n~~y ~u?1{~er COVPIIQIlI3 nn~ aprePS to pay promptly when due fhp principal and
int~rnsl an~ of~~v~ sums o~ monry pro~~i~Ic~I Jor in sait~ nofe and fhis mortgage. or PIIIIP~; to pay a~~ nnc~ ,
sin~ular the fnxes, ncs~~ssm~nls, lenies, lial?ililiPS, o6liftalions, and encum6rances o/ ei~ery nafure on said pro-
perly: fo pi~rmil. ~ommi! or suj~er no u~asl~, impt~irment o? e~plerioration o~ sai~ ~nnd or the improvement~
Ih~~rn~~n a1 any IimN: to ~PPn IIIP huildinf~s nou, O~ ~Pf('A~~~r on c~id land jully ins~uc~l tn a sum o~ nol lest
~hnn ~ULL INSUREABLE VALUE ~
in a i•um~~any or ~-am~xinies accr~~la~~~e lo l~~P morfgaf~ee, 1{~p po~icy o? po~icies fo Ere ~e~c~ 6y, and payable
lo, sni~ morf{~a~~e~. a?uI in t~~~ en~nl any sum o/ money 6ecomes ~yabl~ 6y i~Irtue o~ sucti insurnnce ftie
morfc~ap~p sl~a~l ha~~~ ti~e ~i~ht 1o rM-~iue anc~ apply Ihe same to fhe inde6ledness hereby securecr, accounting
lo I~~e morlga~or ~or any surp~us: fo pay a~~ i•osfs, l'~q/'flPS, and expensps, inc~uding ~awyer~s ~ees anc~ tit~e
sea?c~es, re~asona~~~y in~urrn~I or paid by the morlgagee hecause o~ I~~e fai~we o~ fhe morlgagor fo prompf~y
an~ Ju~~y i•om~>~y u~il~~ Ihe a{~reemer~ts, sfipu~alions, concritions and coi~e~anfs o( said nofe nnc~ Ihis morfgage.
o~ eiflu~r; to pp?Jorm, ~•omply u~illi and a6i~e 6y each ancl every the agreemenls, sfipu~atiorta, rnndilions and
cor~nanls set Jurt{~ in sai~~ nofe anc~ this mo?fgage or eittier. /n tl~e pvent !he morfgagor (ai~s fo pay when
d~~p a?~y tar, assessm~nt, insura~~~•e premium or oll~er sum of money paya6le by nirlue oj saic~ note ~nd thu
mort~age. or ~ifl~~r, fE~e mort,ryayee may pay ttie same, withouf u~aiving or aj~ecting fhe option to ~orec~ose
or any otl~er ri~~{~f {~PrP~~n~l~r, nrir( al~ sucl~ paymenls shall bear inlereat (rom date I/~ernof a! Ihe higF~pst lau~-
~~d rate Ih~n alloiv~~l 6~ 1{~~ lnu~s o/ fhe Stale o) Florida_
any sum oj mon~y ~~erein rp~e?retl fo tie not prompf~y paid wit6in Th1TLy (3O~ days next ajte? '
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tlip samP ba~om~s ~u~, or iJ eacl~ and ~~~ery Ihe a~reemenls, stipulations. condifions and covenants o( said j
note and this morlc~a<~v, or ~ilh~r, are ?ioi f ully perjormed, complied u~ith and a6~dPd 6y. Ihen Ihe enfire
sum menlioned in said -nolP, and this morl~tage, or ttie entire balance unpnicl il~ereon, sha« fortl~u~itl~ or '
I~erea~ler, ai fh~ option o~ t~~e mortc~ag~~, hecome and Fx~ due and pnpa6le, anyf{~ing in said note or herein
fo tti~ conlrary nofu~il{isfanrlinc~. F'ailur~ hy Ihe morlgagee to exercise any o~ t~e rights or options herein
~
prori~~ s{~a~~ nof constil~~fP a u~aii+Pr o( any ?igtils or options undpr sai~ nofe or ttiis mortgage accrue~~ or }
f~~Preajlrr n~cn~in~. ~
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~ ~n ~~lll~ ~hereof~ Ihe sni~1 morlg~~or 1»s tie?punto signed and spaled these presents the t
c~ay an~~ y~ar ~irsf ~hore u~rilfen.
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Sign . s~alPd a cl~Ii~~~recl in ~hp ~~~5~•.~~P o~:
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- D J . SmDL1ARD
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~ STATE OF FLORIDA, i
~ r.c~~•~TV c~F St. Lucie ~
I fiEREBY CERTIFY that on this diy, be(ore me, an
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§ of(i~~r rluly authoriied in the Stat~ aforesaid and in the County a(oresaid to tak~ acknowkd¢menq~ penonally appeared
~ DEAN J . STiODIIARD
~ to m~• known to tK thr prrson d~scribed in and who ez~cut~d the for~goinq instrumtnt and he acknowledgcd
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~ Ix~for~ m~ that he ex~cuted the same.
~ HI7;\ESS mq hand and of(icial seal in the C:ount}• a~d Satr last a(oresaid ihu 11'~,}1 day of
a
~ /~ugUSt~ A. D. t97H.
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3 . . ~._~`L:.~~`.~~'~1>. - - 1~~~J.~
I ~ Notary Publi~ -
My Ca~mission Expires: ' = ~
K ~twn _ . ~~~~e~OA~NIp \ ROEO = _
= Mr ~.~?~r..~~ xr ~~r~~fs c~Ct.l1 ftLEO ~E ~OUN1r FL~. .
~[~U . ~hn ~ ST-~~ ~ PQIYR?S V
'y j~ ~LERR CIRCNIT C0~ j ~ t'. .
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!%rrs l~u~rnnrc~rl prcpnre~~/ by: ARIF PARi1PIA 4~'~}I~ ;
~ u..: t;.~t,i TITLE INS. CORP F
~ : lr/rli~ss l999 S. U. S. 1 29~ r~t
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Port St. Lucie, Flor(da 33452
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