HomeMy WebLinkAbout0436 an~ s{~aII prr~orm, n>mp~y u~tfh arul a61tlo by ench and eaery fhe ngreemenft, tl~pu~nttoni, condtttons nnd
co~~enanls thereo(, and oj thia mo?tgas~e. IRen tl~ts mo?Ipags and ths estats I~ers6y created, sf~all ceaso, d~-
~Pf?1111IP A/l~ LP ~II/II QII~ t'U~~.
~n~ I~~P mortf~a~or hen6y ~u?ll~er c~o~enanls and ogreea fo pay promplly when clue fhe princJpol nntl
IIIIPMlI and olher sums o~ mo~~ey providcK! Jor in aaid ~ofe and thtt mo~fgage, w etthP~; to pay a~~ anc~
sinflu~a~ fhe la.r~s, assessmenf~, ~evtes, Itatiiltfies, o6~Inalions, a~d encumbronces of every nature o?t saic~ pro-
perfy: fo permil, commif or su~~e~ no wasle. Im{wirment o~ ~ele?iorafton o~ sai~ ~and o~ the improvemenia
thprnc~n af any tlm~; lo ~PP~I (~P h111I~111{~! IIOW 0I ~PlMl~f~r on said ~an~ (u~~y tnsurec~ in a sum o( not ~est
than the full inaurable value
in n company or rompanies accenta6le lo Ihe mwfgagee. Ihe policy o~ poltcies to 6e held 6y, a~~d ~xiya6[.
fo,.saic~ morlgagpe, an~ in I~p eve~t uny sum o) money becomes pnya6le by vi~tue o~ such tnturanct 1{~s
mortpagne shall have the rlp6t to rc~c~ive and npply fhe same fo tl~e indebtedne~s here6y secu~d, acrounting
fo fhe morlga{~or ~or onp surplus: fo pay a~~ c~osts, charges, and expenses, inc~uc~ing ~awyer
s~ees and itl~e
aearc~es, reasunah~y irtcune~ or ~said 6y fhe morlgagee hecause o~ !he ~ai~ure o( fhe mortgago~ fo promplly
anc~ ~ully comply u~ill~ fJ~e agrenmcrifs, slipu~afions, condittons and cove~ants o( satd note nnc~ thb mortgage.
'or eillier; fo ppr~o~m, c»mply wtth and a6ide 6y each und every Ihe ogreements, slipu~ations, conclifioni ant~
rnve~nanls sef ~orth tn said note and ehu mortflage or eilher. In Ihe evant f~e mortgagor ~ai~t to puy w~en
due any iax, assessment, insu?ance premium or o1F~er sum o~ money paya6le 6y v~rlue ol satd note and fhit
mortgage, or eil~~er. Ihe morlgag~ may pay ttie sane, wtt~out waiving or af
jecling fke option fo ~o?ec~ose
or any o~her ri~ht herpuncler, and all suck pnymenb sl~all bear interest /rom date thereof at 1he higl~pst law-
~ul mte then allou+ed by 16p laios oj tl~P Stote oI Flwida.
7~ any sum o~ mo~My I~erpin re(errec~ to ~e not prompl~y paid within 30 days next n~fe~
ftie same hPCOmes c~u~, or i~ encl~ aad e~•ery ihe agreemenfs, stipu~afions, conditions nn~ couenants o~ sald
note and this mortgayp. or pilher, an• not /ully perJormecl, complied with and o6~ded 6y, then the entire
sum rrientioned in said note, . and .this mortgage, or th e entire 6alnnce unpaid tl~er+eon, sl~all f
orthu~ith o~
tl~ereafter, at the option o~ the mortgagee. 6ecome nnd 6e due and-payable, anytl~ing in said note or herein
to fl~e confr~ry nolwil~~stancli?ic~. I'ailurp tiy t~~e morf{~agee to exercise any o~ Ihe rig~ta or options herein
prot~i~e~~ sha~~ nof consfifufe a u~airPr o( any ri~hts or opfions uncler saic~ nolp or f~is mortgage accrued or ~
IherPa f I~r accruin{~.
~n ~itness ~hereof~ t~ie sai~ morlgngor E~n$ tierpunto signe~ ancr sea~ec~ ttieae presents fhe
~ay anc~ year firsf nhorP e~rilfen.
Signed d 'npred in t pr s n o/:
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~ STATE OF FLORID4, 2
j Cnl?~iTY OF ST. LUCIE ~
~ I HEREBY CERTIFY that on this day. be(ore me. an -
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~ offi~er duly authorized in the Stat~ a(oresaid and in the Courtty aforesaid to ak~. acknowkdgmenu, personally appeared
~ DENNIS M. SPRAGUE and SHERIAN L. SPRAGUE, his wife
to me known to lx the person s desciibed in and who execut~d the (ore;oinq instrument and they acknowledged L
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~ Ix(ore me that they cxccuted the same. . 's
~ N'11 i~iESS my hAnd and o((icial ual in . thc~ County and Statc last aforesaid this 19tt1 daY of
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~ . .'JANUARY A. D. 19 79 . . .
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~ , ~Z? ' • ' ~ _ ~ ~ i ii ~ C O R ~ E t~ N ARY PUBLIC ~
_ . a ~j . . _ ' J" , . _ . MY COMMISSION EXPIRES : `y Q ~ ~
_ ~ ~ - ~ ~ ~7~ IID'fAIY l1JKiC AAiE Cf flOt10A AT l/1~L"iE
~ , MrGOMM{SS10NE7~IRfS OEC.1• 19i1
' ' 1~ L~.` 2 y ~;+M ' S 6 ~a'oe~ twu c~u~t ~NS. unt~twtl tel~
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l7iis hulrriirr~nl prepn~rd hy: Ronald Paul Whitley, Esq. Q00~~ ~
~ 8028 S. Federal HighWay PACE 4~
Arl~i~xs
~ Port St. Lucie, Florida ,
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