HomeMy WebLinkAbout0327 and shall per~vrm, n~mply wi11~ and a6ide 6y ench and e~~ery Ihe agreements, slipulalion's, condlUo?u nnd
ca~~pnanf: Iherev(, nnd o( lhis morf}~af~~, thvn Ihis mortpape a~d Ihe estate hp~by created, shall cease, de-
(P~RIjIIP an~ nu~~ an~~ ~wi~~. -
Ii~ f~~p mo~tganor ~~~rnhy (urf~er couenanls ant~ agrees to p~y prompl~y when due 1he principal nnd
inlernal an~ ollier sums o~ moriey provi~cKl jor in sni~ nole and t{~i~ morlgage, o~ ettf~er; to pay a~~ nnd
s[n~ular fl~e fa.res, assi•ssm~nfs, IPI~IPJ, ~ia~~i~ilies, o6lt~alto?u, and encumbronces o~ every nafure on satd pro-
pt~?ty: to permit. ~ummil or su~j~r no u~usfe, impairmenf or c~eterioraflon oj saitl lan~I or Ihe tmprouements
I{~~rnrn at any tim~: lo Ir~~p 1{~e huildin~~s nou• or hernalt~~ on ~aid land ~ully insured in a sum o/ not less
t~an
in a ~•~?m~x~np or compani~~s acn•~~la~~~e !o Ihe morffla~ee, t~~e policy o~ /w~icles !o ~e ~p~d ~~y, and payable
fo, saf~ morf~a~~e. an~ in Ihe ~~~~nt any sum o~ mon~y 6ecomes paya6le 6y virfue o~ such inaurnnce Itip
mortga~~e shall ha~~e tl~e ri~ht to r~c•eive and apply Ihe same to Il~e indebfedness I~ere6y secured, aceounttng.
!0 1{~e morfgnnor ~or an~ su?p~us: to pay a~~ ~•osts, c-tiurges, and expenses, tnc~uc~ing ~awyer~s ~ees and til~e
searcti~s, r~asonah~y incurre~I or paie~ E~v f~~e morfga#~ee ~cause o~ fhe ~ai~ure o~ fhe mortgagor to pron~pt~r
ancr ~ully i'ontply u~i1F~ 1{~e a{~re~menfs, slipu~alions, conc~ilions aner eonenanfs o~ saic~ nole ancj this mo~fgage.
or eil~~er: fo per(orm, ~omply u~itl~ and a6iae 6y each anc~ every lf~e agreemenfs, slipu~ations, rnndiftons ant~
coi~~rtauis sef ~orl~~ in SA(d ROIP and fhis m~>rfgage or PIIFIP~. III fhe even! 1{~e moMgagor ~ai~ fo pay w~en
due nny tnx, ass~ssm~nf. insurm~ce prnmiurri or oflier sum o~ money paya6le 6y virlue oj sait~ nole and ttiis
morfgapp, or eil~~~r, l~~e morfryaq~e may pay f{~e sam~. wilhout u~niving or a(Jecfing the opfion to ~orec~ose
or any ollePr' ric~Ii~ I~~reun~~r, nn~ all such paymenis s1~aII bear intPrnst ~rom date thereo( af fF~e ~tghesl ~au?-
I (u~ rnf~ i~~en a~~ou~e~l 6y 1{~~ ~a~us o~ t~~~ $latp o~ t'lorida.
~ lrl anv sum o( mun~v I~~r~in ~v~PrfP(1 IO E~e not prompl~y paid within 30 days next ajler
i Iti~ sam~ {i~rnm~e~ clu~, or ij c~r~~ an~ er~ry i~~e nt~reemenls. slipulafions, conclitions ant~ co~~enants oj snic~
' nole and tl~is morfgan~, or ~itl~er, are nof ~ulli perf ormcKl. complied witl~ anc~ a6~dpd by, then fhe enii?e
! sum mentionec! in said nole. an~ lhis morl~ag~, or tli e enfire 6alance unpnid fh~reon, shal~ f
orthwit{~ or
ihereaftPr. af f~~ oplion o~ I~u• morlgan~~•. ~rcome an~ payal~Ie. anyfl~in in saic~ nole or {ierein
~ 1 1 6e due and g
~ fo 1~~ ~onfrarv nolirif~~sfanr~ing. f=ni~um f~~~ morfc~a~er to ~xercise anp oj f~~ rigtits or optFons ~erein
~ pro~~icr~~c~ s~~n~~ not t'onsfilut~ a ~rni~~~r o( nn~ ri~~hls or oplions unt~~r saic~ nof~ or Itiis mortguge accruei~ or
~ t{~er~e~ier nce-rtiinc~.
;
` fl~~~ .ai~ moriqnyor lins I~~rnunlo si~m~~ an~ s~alyd t{~~se resents the
; ~n ~itness ~Ilcre~l~ P
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! an~r ~o~r ~irsf ~~~~or~~ u~rill~•n.
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~ tii~~n~t~. s~a<<•r~ anrl t~~~i~~rn•tl i~i I~u• pr~.~~nr~~ o`.
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~ STATE OF FLORIDA,
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~ COl'~TY OF St Lucie
- i I HEREBY CERTIFY that on this day, beforc me, an
~ offi~er duh• authoriz~d in the Statc aldr~said and in the County afor~•said to tak~ acknowledqments, penonally appeared
~ '
~ Joseph Minotti and Louise riinotti his wife
~ i ~
~ ` to m~~ known to Fx• th~ p~•rson g described in and who ezecuted the fore¢oinQ instrument and they acknowledged
~ ~ Ix~fon- me that they ~x~cuted the same. ~
~ 1~'I'T\FSS my hand and official seal in th~• County and Stat~• last a(oresaid this dap of
~ ~ -#a~~'~~:l~.
~ April ' A. D. 1979.
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i ; r70TARY ~~FOBLIC~~~S~ta~e~-~of~~~Flori3a~~
,,3 , _3 f,.
, . r.~, 32 at Large
_ My Commission Expires: ~-~.y?
ffL~ U AAt: 'r.~ t~~ ni1%J
Y ~ " ST.lUC1E C~(;ii: Y.iLA.
~ ~ . RaGER POlTRAS (Af f I.X Seal }
CIEWi CIRCtlIT CUj~FtI
; ( F£CC'RD YsP.IF;Ep_~_1~~ _ . ~
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I %%i.~ I~ulm~nr•»I prr'Fnn-~1 hy: . -
+ Ihis instrument was prepared Ly ~s ~ ~ ?
. ~,i~~n~~~ EC'GK ~U8 ~:~cf 27 !
~ Chester B. Griffin ,124A No. 2nd St .
~ ' Fort P'ietca fl~.
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