HomeMy WebLinkAbout0478 an~ aRa~~ pp~~orm, comply wttti nd abid~ 6r eocl~ and every fti~ opr~enanfa, sttpu~atlorit. condlllona and
co~~ena~f~ tl~ereo~, and o~ Ii~is~tgane, th~n tl~b mortpaee and ths s~tat~ ke~6y crsntvd, •hal! c~eois, d~-
termi~e and 6e null and iaoid.
~ fhv mo?tgapor he~6y ~wtRe? covennntt ond nArees to poy promptly whan dw ll~s prlnclpal and
infe?est and of~er sums o/ money pronlded jor !n aald nol~ and thta moNgaga, or ~it~er; to pay aQ and
st~gu~ar ftie faxes, aasessments, ~eutea. ~labl~lfies, ob~igulioru. ~d ~~umb~., of oue?p natur~ on said pro-
pe?ly; fo penr~it, rnn~mil or surrer no wwfe. lmpair+nenf or detriw+af~on o~ ,atd b,~d or t~~ improwmenb
Itierecn al any ftme; to ~re~p fF~e ulWi~glr now or I~e~au~ter on salt~ ~and ~u~~y lnaured t~ a aum o~ nof ~su
than ~'P h~ ,u'v~ ~ ~w ~ ~•.r ~{~i~d ~*4, ~ ~
in a company or rnmpaniei accepta6ie to t6e mo?tgagee, th~ poGcp or poltctes to 6. hetd br, a~d ~~6l.
to, iaid mo?tpagee, and in tkA event any ium o/ money 6ecom~s ~~6b 6y uirtue oj iucl~ l~swance !h~
mortgngee shaU have the ?ig1~t to ?ecetve and a~p[y ~he ,am. eo el4e indebeadnes. he~.6r ~~w~.d. oecountln~
to t~e mortgagor ~or nny aurp~ua: to pay au cosb. cherget, and expeniea. tnc~uding ~nu~yer's ~ees and tit~t
searcl~es, ?easonably tncurned or paid 6y t6e mwtgagee becnuse o( f~s jnl~un o( f~e nwrlgagw to prompf~y.
anc~ ~ully comply wifl~ !he a8reements, stipulaftona, conditions a~d c~ouenants o/ satd-note ared t1~1i mortgog~,
or etlher; to pe?form, c~omply wttb and a6ide 6r each and every t{~e agr+es~nenb. sttpu~attona. oondltions and
covenanfs set ~orf~ in said note and l~is moHguge or eitf~er. In f~e enent the ntortgugor ~at~s to pay when
due any tax, assessment, insurance premtum or ofl~er sum o/ money payo6la by vtrtue o/ snid note and tl~b
mortgage, w eifhe?, I~e morfgagee may ~y the same, wtfhout watvtng o~ af~ecting the opfion to ~orecrose
or any ot6er ?ight hprpunder, and olI such paymenb s1~nU 6ear interest /rom date thereoj at Ihe I~tghest ~nw-
~u~ rafe Ihen a~~owec~ ~y f~e ~awa oJ fhe $tnfe oj F~ortda
~l any sum o/ money herein re~pnrd l0 6e not promplly peid wtthin c~ays nexf a~ter
the same 6ecomes due, or iJ eacl~ and euery the ngreements, stipulations, eontlifioru nnd couenanb oj said
note an~ ttiis morlga~e, or eif~~er, are nof Ju~~y per/ormed, comp~iec~ wif~ and a6tded 6y, then the enfire
aum menlioned in said note, and 11~is mortgage, or the entire 6olance unpnid tl~er+eon, :I~all /o~6witk or
thereojle~, at th~ option oj Ihe mort9agee. 6ec~ome and 6e due and pa7?a6le, unything in inid note or heretn
to tl~e conlrary nofwithstanding. Failure 6y 1he morfgagee to exerrise any o/ t?~e rtgl~ts or oplions herein
prouit~erj sha~~ nol consfifufp a u~airer o~ any rig~fs or oplions under snid note or ttiis mortgage accrued or
f~erea~ter accruing.
~n ~~~1~ ttie said .mor~pagor has hereunto siqnerl and sealed 11~ese_pretenls Ihe
c~ay.anc~ year Jirst ahore u~~itfen.
Sig sealed nnd dplin~rpd in 1he pr~s~nce o~:
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I STATE OF FLORIDA. 1
cou:~'rv c~F ST. LUCIE ~
I NEREBY CERTIFY that oo this day, before me~ an
I~~ of(icer dul~• authoriz~d in the Stat~ a(or~said and in tht County a(oresaid to tat~ acknowledqmenu, penonally appeared
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~ JAMES F. RYAN and JO ANNE RYAN, his wife
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to me known to bc the penon$ described in and who ex~cuted the tor~qoin¢ instrument and 'th@~/ acknowkdged
befom mc that They ~xecuted tht same.
I N'I'1:~'ESS my hand and o(ficial seal in thc County and Statr last aforesaid this day o(
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November A: D. 19 7$.
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E~ a~JD RECORDED ~t Public, Sta A Or~da d~t;~:~r.ge
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