HomeMy WebLinkAbout0621 and tI~aII pe?jorm, comply u~i1k a?~d n6tde 6y each and ewry fhs agroementa. •lipu~attont, condifio~r and
c~o~~~anls ~I~ereoJ, and oJ lhts mortgape, thea thb mortgage and the eatots 1?..eby created, sl~all eew~. d~-
t~rmins and be null and void.
~ tl~e mortgugor he~a6y ~urthe~ covenanti and agnts to par promptly when dw th~ prlnclpal and
intNrs! a~d oftier sumt o~ money provl~ed lor tn iald nots and fhtt mortgags, or eif~er; to poy all nnd
atngu~ar Itie ~AXPf, assesaments, ~eutes, ~ta6i~Ilies. ob~tgafiont, and encum6rnncea o~ every nalure on iatd pro-
pe?ty; to permil. commif or sufle~ no wasle, impai?menf or detertonuflon of said land or fhe improvemenb
t~ereon at a~y lime; fo ~PpP IIIB tiut~ings now or he?c~af
ter on satd ~anc~ ~u~~y inswrc~ in a aum oj not ~eu
• tknn Nil.
in a c~ompnny or companies ameptable to the mortgugee, the poltcy o~ policiPS !0 6e held 6y, ond ~~bb
to. said mo?fgngee, anc~ in the euen! any swn ol mo~ey becomes ~yabl~ 6y ~irtue b~ ~uc~ inaurance t~
n~orlgagee shall ha~e fhe right to receine and apply t1~e same to t6e tnde6ted~ess here6r secund, necountinp
to fhe mortgagor ~or any surp~w: fo pay a~~ costs. c~arpes. nnd expenses, inc~tu~ing ~uwyer i~eei and tit~
isarches, reasona6ly Incurred or pnid by tl~e mortgagee 6ecawe oj tl~e (ailurr oj the moMgagor to pro~nptlr
and fu~~y c~omp~y u?ifh ttie ag?eemenfs, stipu~aliona, condttions n~d covenanta o~ said note and tl~is mortgap~,
or eitl~e~; to per~orm, camply with and a6ide 6y each and every l1~e agreemenb. sttpu~atton3. conditlona and
co~enanfs sel (orl1~ in satt~ note nnc~ fhb mo?tgage o~ etther. /n fhe event the ~natgagor ~ot~t fo pny when
due any lax, asaesament, insuwnce p~+emium o~ of~er sum o( r~o~ey ~ya61~ 6y virtue oJ said note aRd tl~ii
nwrtgage, or eilher, f/~e mortgagee moy pay t{~e sume, without watutng or affecting fhe option to (or~ecloae
or any otl~er rtgl~t i~ereu~der, and aII suclt payments s6all bear interest jrom date tl~ereo( at the 6lghert law-
~ul rate IF~en allowed by tbe Iaws o/ the State o~ Florida.
~L any sum of money herein re~erred to 6e not prompl~y paic~ wif{tin 30 tlays next a~ter
the iame bec~omes due, or iJ each and euery !he agresments, stipulations, condilions nnd covenants of said
note anc~ fhis mortgage, or eilher, are nof `u~~y per~orntec~, rnmp~iec~ witk and a6ided 6y, f~en ihe entiro •
. swn mentioned in said nole, and this mortgage, or the entire balanoe unpaid i1~e?eon, ahnll forll~witk or
tl~erenjter, a! fhe option oJ the mortgagee, bernme and be due nnd poya6le, anything in snid note o' herein
' to the cont?ary nolwithstanding. Failure 6y Il~e mortgagee to exer+ctse any oj t~e rtg~ta or opttons heroin
pi+ouided s1~aU no! consfitute n u~aiver o( any rig{~ts or options under said note or thts ~nortgage accrusd or,
thereaJtpr accruin9.-
~n ~itness ~hereof~ t{~e said mortgagor I~ns hereunto signecl and sealed these presents t1~e
c~ny an~ yenr ~irsf a6ove u~riffen.
Signed, sealed anc~ ctelivered in the presencp o~: ~
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• ' " " ~J'-'-•- "'...c~. ~:PC_ "Y~'"•""-"""'.~
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~ ~ ~ , - R hard F. Schul es ~
--------..-~G%~-~..-= - - ~:L f---~_.~'----------------.--------.--.--a~ -
. Esme M. Scfiuldes
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E STATE OF FLORiDA, ~
F CpUr~z-y pp ST. LUCIE
~ ~ I HEREBY CERTIFY that on this day. before me. aa
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~ ofticer du~y authorized in the Stat~ aferesaid and in ehe County afor~said to t~k~ actnowledgmenu, penooally . appeared
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` RIC~ARD F. SCHULDES and ESME M. SCHULDES, his wife
~ to me known to br the penon g described in and who exccuted the foregoinq instrument and WIlO acknowledaed
' beforc me that they exec~ted the same. -
i ~YI7 i'VESS my hand and of(icial seal in thc County and Statc last a(oresaid thu oZ • day of
~ c A. D. 19 y 9 _ ~7
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