HomeMy WebLinkAbout1375 an~ s~~a~~ per~orm, rnmp~y witti on~ atiic~e by eac~ and ei~ery f~e agreemenf:, altpu~afto?is, conditlons and
carenarih the~eof, and oJ this mort~as~~, then ti~it morlgage and Ihe eatate kereby creuted, shall cease, de-
IPrmine an~I ~ null an~ i~oi~~.
.
~il~fi f~~P mortgagor ~~Pr~f~y Jurthe~ covenanfs nnd agrees to pay promptly when due the principnl and
infems! an~ of~~er sunu o( mor~ey provi~Ietl ~or tn suic~ nofe anc~ this mo~fgoge, or eifhe~: fo pay a~~ nnd
sinflu~ar ff~e fn.res, assessments, levtes, ~iatii~ilies, ob~i~afiona. anc~ encumbrnnces o( every ?iafun on sait~ pro-
perlv: fo ~rmif. commil or su~f
er no u~aste, impairment or deferiorafton o~ satd land or t~e Impro~emenfs
Itirrncn at any tim~; fo ~r~ep 1~~e tiui~~in~s now or {~ereaJf~r on saia ~an~ ~u~~y f?t:uret~ in a sum o( no! ~eu
~han------------------------full insurable value---------------------------------
in n compony or ~~ompanies acc~pta6le to tl~p morlpaflee, tl~e poltcy or policie~ to 6e I~eld 6y, nnd paya6le
fo, said morf{~a~~e~r, and in Ihp PI~PIII any sum o( mon~y 6ecomes ~yabl~ 6y virtue o~ such iruurance ll~s
morlgag~P stiall ha~~~ fhe+ ri~hf to ~Pl'PIUP and apply !he same to tl~e ~ndebtedness I~ere6y secured, accounting
to I~ip morf~nnor ~or any surplus: to pay a~~ cosfs. ~•hnrges, anc~ expentes, inc~ucling ~awyer~s Jees ancl fFt~e
search~s, r~asonaL~y inc~~rrPtl or pai~ tiy I~e mortgaqee hecause oj t{~e Jai~we o~ I~e morfgagor to prompl~r
ant~ ~ully comply u~ifti I~~p aprPem~nls, sfipu~ntions, conc~itions ancl coi~ennnls o~ saia note an~ I~ts mortgnge.
or ei~lier; to pPrJorm, ~omp~v u~ith and abide 6y each and every 1he a9reements, slipulalio?u, condit~ons and
cot~~nanlc sef ~ort{~ in sai~ nofe an~ this mortgage or eiftier. ~n fhe Pvent the mortgagor ~ai~s fo pay w~?en
due any ta.r, assessm~nt, insuran~•e premium or ollier sum o~ money poya6le 6y vi~lue o~ saitl nole nnd ttiis
mortgape, or eit~~er, I~~e mortgagee may pay 1{~e same, wifhout waiuing or aJ~ecting !he opfion to ~oreclose
~ or any othp~ r~~~Fit l~~rpund~r, and all su~{~ payments sl~a~I Lear intprPSf ~rom dufe Ihereof at 1/~e I~igl~est ~aw-
~u~ raf~ I~i~n a~~ou~ec~ {,y 1~~~ ~a~ns o~ I~~e Sfafe o~ j'~oric~o.
Dt any sum o) mon~y ~~~•rnin r~(e~r~~ !o he nof prompt~y paid within thirty (30) day~ next a(ler
th~ somr I~~romi~s ~u~, or i( eu~ch aric/ er~ry ftie agr~emPnts, slipulalions. conc~itions an~ couenanls o~ said
note a~d ~his morfc~~~t~. or ~ith~r, ar~ not (uily perJormpd, complied witl~ and a6~dPd 6y, than !he enli?a
sum menlioned in said not~, and t{~is mort~age, or tl~~ entire 6a~nrtce unpaid ihereon, shall Jortf~with or
theren~fer. ~f f~~~ option o~ t~u~ morf~~~P~. ~~~ome ancr dup and. puyn6le, anyltiinp in saic~ note or ~erein
to f~~r ~onlrnry ?toftoilhslanrling. I=ai~ur~ ~,y f~~P morf~agp~ to exercise any o~ t~e rig~fs or opfions herein
prori~~~K~ s~~al~ nol ~-onclilufn a u~ai~~~r o~ nn~ ri~~I~ls or opfions unt~er sai~ note or ftiis morfgage accrue~ or
, I~irr~a~trr ac-~•ruiu,ry.
~n ~itness ~hereof~ fl?~~ sni~ morf~~:iqur {~a. IierPUnto si~~nP~ an~ s~oled these presenls f{~P
~ ~~ay nn~~ y~~ar ~irsl a~~or~• u~riffen. .
liqn se•a~~~~~ tuu~ ~~i~~~rrc in fl~~ pri•c~~n~ r u(: !
,
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~ ~ ~li ~2~.1/~ ~.t/ ~~G-' f
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, . . _ WYLLIAM R, SAI~LS
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~ ~ STAT'E UF FLORIDA, ~ .
~ I COl"\TY OF ST. LUCIE ~
~ I I~EREBY CERTIFY that on this day, before me, an
~ ~ of(irer dul~~ ,u?hori~~•d in thr Statc afor~said and in th~ County a~or~~said• to tak~ acknowledqm~nu, prrwnally appeared
o :
~ ~ WILLIAM R. SAMS and =
~ ~ to m~• known to M~ th~• prrson S desrribed in and who eaeruted th~ ~o~~qoinq instrumrnt and they acknowledpted 3
~ ~ Ix~for~• mr that they ~xr~uted the samt.
~ ~ ~~'il XESS m~• h:~nd and o((i~ ial seal in th~• Cuunty and Stat~• last afo id this j ~ ~ day of
- Ap~-#~- n. i9 79 ~
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~ ' itN t1 ''.xfll l~Im fiOlsitIMIN~ AM CIL; ~i tf~:.L'~; ~~'J:• ~ 4i ' :
~ ; ~1 lr MO1~0~/ !O LY~S ~Illfl/ AriIAM . . _ • ;
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%lris hu~m~n~~rt F r~rm~1 l~y: ANITA M. LO PRF.SRI ~
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