HomeMy WebLinkAbout0614 a~u1 shall pe~orm. ~o~,Ply wt~?~ and a61ds by each und ei~ery the ag?e~nNnl~, stipulaltoria, conditiona and
~ eonenanta thereo/, and oJ thls mortpa~e. lhen thb mo?fg~s nnd t1~s sslat~ Iw?eby created, ihaU aase, d~-
1e?mtne and 6e n~dl and ~wid. .
TIINL fh~ mortgapor hen~6y ~wlhe~ eouenanb and agrees to pay promplly wken dw tl~~ princtpal au!
tnte?rsl a~d o1Rer sums o~ money provlded jo? in aaid note and Itiis mortgage. or eittier fo pay a~~ and
atngu~ar ftie faxes, assessmenfs, ~eutea. Ita6il~ties, o6llfluftons, and encwn6roncva o~ ~uerp nalure on taid pro-
pe?fy; fo pe?mif, commt! or sufler no wasfe. impairmenf or dete~toratton o~ :atd lond or the impronemenla
t1~p~ecn al any lime; fo keep the builtlings now or I~erpa~ter o~ satd Iand /u~~y insured ln o~um o~ no! ~eu ~
tl~an MAXIMUM INSURABLT VALUE ~
in a company or rompantes accPplab~e fo t~e mwlgagee. Ihe po~lc~? or pouctes to 6e held 6y, and papa6le
lo, sald morlpagee, and in the euent any sum of mo~er 6ec~omes rxi~61. 6r virtue oj suck tnsurance tht t
morfgapee shall I~ai~e the ?igtit to receive nnd apply tl~e same to the tr:de6ledness 6ere6y iecured, ncrnunting
to fl~e mortgagor ~or a~y surp~u; ~o ~xiy ai! ~~s, cl~arges. and expenses, inc~uding ~awyer i~eea and fit~e ~
sea~rties, ~easona6ly incurretl or paid 6y tl~e mo~tgngee because of t~e ~ai~ure o~ t~e ntortgagor to promptlr
and fu~~y rnmp~y with ihe ag?eemenls, stipu~attons, conc~itions and rnvenanfs oj said note nnd lhis morlgag~.
or eitl~er: 1o pe?Jo~m, c~omply mith nnd abide 6y each and every the agreements. stipu~atiow. c~vnditions and
covenanfs set forl~ in said note nnd ttiis morfgage or eil~er. ~n t~e event Ihe moetgagor ~ai~a to pay w~ten
due any tnx, assessment, inaurance premium or ol~er sum o( money paya6le 6y virfue of snic~ note and t~la
morfgage, or eil{~e~, Ihe mortgagee may ~y ~he some, wit~iouf wuiving o~ al~ecting f~e oplton to +orec~ose
or any olher rIg{~t Rerpunder, and all suck pnyments sholl bear tnterest jrom dnte lhereoj al the ?~igl~est law-
(ul rate then allou~ecl 6y thp Iaws o~ thp $tate o~ Florida.
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~l any sum o/ money herein ?e(arred to be not promptly paid within thirty days next n/ter
Ihe same becomes dup, or ij eacl~ and every II~e agreemenls, slipulafions, conditions an~ covennnta o~ said
note and t{~is mort~afle, or pilf~er, are not /ully perforn~ecl, complied u~ith and a6ided 6y, Ihen fhe enti?e r
sum mentioned in saic~ note, and this mortgnge, or tl~e entire balance unpaid f1~e?eon, shnll jorlhwiflt or ~
il~ereajler, at Ih~ option oJ the mortgagee. 6ecome and 6e due and paya6le, anqtl~ing in snid note or herein
to ftie contrary notu~ithslancling. Fail[~re tiy t{~e morfgagee to exercise any of t~e rig~fs or options ~erein ~
provide~ s{~a~~ not conslilule n wainer oj any rig~ls or options unc~er saic~ note or l~is mortgage accrued or }
f~erea~ler accruing.
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~n ~~LII~ ~~Ol~ tf~~ said mortg~gor kas hpreunto signe~l and sealet~ these presents the
cray an~ year jint aho~~e written. `
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Signe~. SPq~P~ d~P~II~Pf It ~IIP P CP 0I: t
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. ohn Daniel Stewart, Jr.
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~ Linda May St art -
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! L
Y
~ STATE OF FLORIDA, ~
COL'KTY c~F ST. LUCIE
~ I HEREBY CERTIFY that on this day, before me~ an
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officer dulv authoriz~d in the Stat~ aforesaid and in the County aforesaid to tak~ acknowledqmenb, p~nonaUy appearcd ,
JOHN DANIEL STEWART, JR. and LINDA MAY STEWART, his wife, :
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to me known to bc th~ pcrsonS d~scribed in and who executrd the forcqoioq instrument and they acknowledqcd t
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b~(or~ me that th@y ~xecuted the same. ~ !
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~ N'I~:\ESS my hand ancl official ual in thc County and Stat~• iast aforesaid this pZ S day of
~~j September . A. D. 19 7S . ' !
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Not Public - Sta e= o -oiCi~a ~
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" fILEO ~~D PECOY F`~~ at Large . .
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