HomeMy WebLinkAbout0725 and sl~all pe?(orm, comply u~ilh and a6~de 6y ~h and every the dgreemenls, stlpulntions, condilioru und
rni~enants therewf, nnd o( Ihis mort~as~e, Il~en ihis morl~age and tl~e eafnfe hereby crealec~, sl~all cease, de,
le?mine and be n~i~~ and ~wid.
IZn~ I~P mortgano~ ~~en~by ~u?the~ coi~enanls antl agrees fo pay promplly ~h.n d~ the p?tnclpal nnel
t~~te~rst and olher sum~ oJ money provi~Ieil jor tn sbid note and thi~ rno?Igage, or elther, to pnr all nnd
stngular fhe laxes. assessmer~t~, Iei~ies, lia6ililies, o6ligations, and encum6nunces of enery natun on said pro-
pe~fy: fo permif, commi! or suf~er no waste, liiij~Ul1I11~'77~ or c~eteriaration o( said Iand or t~e improucasBrtts
Iherecn al any limp; to k~p ~hp tiut~~inps now or herea(tM on said land ~u~~y tns~~ In a sum o~ not ~ess
~~a~ maximum insurable value
In a company or companies accepfnb~e fo I~e mortgagee, Ihe po~icy or po~icies !0 6e hltd 6y, and payable
to, saic~ morfgngeH+, an~ i~ Itie evenl uny sum o~ money decomes ~yabl~ 6y virfue o~ suc~ tnsurance Ihe
mo~tgagee sha~~ haue tf~e rigl~t to recelve und opply Ihe some to t1~e inde6tedness I~ere6y secured, aceounfing
to the morfga{~or lor any surplus: fo pay a~~ costa, charges, and expenses. inc~ucling ~nwye~ i~ees anc~ tti~s
searchea, reasona6ly Incurred or paid 6y 1he mortgagee 6ecause oj t~e ~ai~ure o( the morfgagor to prompt~y
and JuIIy eomply wi11~ Ihe agreements, stipu~ations, concrifions nnd rnvena~fs o~ said note aner Ihu mortgagt.
w eil~er; fo perjorm, comply wtth and a6ide 6y each and ecH?ry the ngreemenfa, sfipu~afiona, conc~itions and
covennnls sef ~ori~ in saic~ note and fhts mortgage or eilker. ~n i~e event f{~e morfgagor ~ails fo pay when
due any fax, assessmenf, insurance premium or oll~e~ sum o~ money paya6le 6y virtue o~ saic~ nole and t~is
morlgage, or eifher, fhe mo?fgagpe may ~xiy tl~e same, wiltiout waiving or alfecting t~e opfion !o (orec~ose
or any ot{eer right {~prpunder, and all such paymenls sl~all 6ear inl~reat /rom date Il~ereoj nt tf~e htgf~est Iaw-
~ul rale then alloiuecl by tl~e lau~s oJ ttie State o/ Florida.
il nny sum o~ mon~y herein re(PffP~ IO he not prompf~y paic~ u~ifhin -3~- dnys next a~fer
fhe sam~ 6PCOmes du~, or i) eacF~ and enery t~e agreempnts, stipu~ations, condilions nnd covenanls oj said
note and this mortg~~~, or pil/~er, are not ~ul~y per~ormec~, complied wilh and abided by, i1~en 11ie enlire
sum menfioned in said note, and Ihis mortgage, or Ihe entire 6a~nnce unpnid thereon, s{~nll /ortl~wilh or
thereaJter, at Ihe option ro~ Ihe mortgagee. 6ecom~ und 6e due and payable, anytl~ing in said note or herein
to Itie conlrary notu~ill~slanclin,q. Failure ~y ihe mortgugee lo exercise any oj the righfs or optiona ~erein
pro~~iclc•cI s~a~~ nol consfih~te a u~ainPr o~ eny ri,ry~ts or oplions u~c~er saic~ notp or fhis morignge aCRUPd or ~
f~ereaJler accruing.
~n ~~UI~ ~hereof~ the said morlgagor has hereunto signec~ and sealed Ihese presenls the
~ay ant~ year jint atione wiillen.
Sig an~I cle~i~~er in Ihp n~PSPIICP o.
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~ mes ~ : ~arm ~ ~ ~ -as Trustee
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~ STATE OF FLOR1DA, ~
~ COL'1'TY OF St . Lucie
1 HEREBY CERTIFY that on this day, before me, an
~ of(icer duh authorized in the State afor~said and in tke County aforesaid to takr acknowledqments, p~nonalip appearcd
~ James P. Gyarmathy, as Trustee
~ to mc know~n to t~c 1h~ p~~rson . descri}xd in and who fXffUltd the for~qoin¢ instrument and he acknowledqcd
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~ Ix~(orr mc that he ~x~cuted the same.
~ ~ ~~'ll~\ESS m~ hand and officia) s~al in th~• County and Stat~• last afor~said this 17th day of
~ November A. D. 19 7$. . _
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~ ~4! cD ~ ~iD R~CORDED ~ , ,
. ~~r•~ r~U~~TV F'` . ..L.~ f~C.t:c_. ':ti Y~'.....~
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^ 1ni~46~ • State of F1 ~oY"3:~d at Large
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~ My commissiQ .~eCxpire~i
'~8 ~~QU 20 PM 2 : 0 I ~,*t. ~~~.f ~+a~-~
~ ' N~y Cor.ua+»ioe fi~~ti?s 7oq. 15. 147!
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