HomeMy WebLinkAbout0804 and shall perform, comply with and abide by each and et~erq flee agreements, stipulntiotis, c+ondittorts and ,
covenants thereof, and of Ihu mortgage, then Iht: mortgage and the estate hereby created, shall cease, de-
termine.and be null and will.
the mortgagor hereby further covariant: and agrees to pay promptly when dew the p.t.tcipa! and
Interest and other sums of money provided for in said note and thL mortgage, a either; fo pay all and
singular the fares, assessments. 4vies, ltabtltlies, obligations, and ertcwnbnneaes of etuery natttn on sold pro-
perty; to permit, commit or suffer no wade, intfwi?rnenl w deterioration of said land ar the itwprooements
thetrcn at any time; fo beep the buildings now or hereafter on said land fully irtstued to a sum of not 4ss
than highest insurable value
in a company or companies ncreptab4 to the mortgagee, the policy ar policies to be held 6y, and poyeb4
fo, said mortgagee. and in the event any stun of money becomes paya64 by virtue of such irt:tuortce the
mortgagee :boll have the right to .eceive and apply the some to the indebtedness hereby sec.~u+sd, ocioounti,tg
to the mortgagor (or any surplus: to pay all costs. charges. and expenses. including lawyer's fees and tu4
searches. reasonably incurred or paid by the mortgagee bemuse of the jailttre of the wto.lgogor to ps+orwplly
and fully comply with the ngreeHnenfs, stipulations, eortditioru and couertnnts of said note and this mortgage.
or either: fo perform, e•omply with and abide 6y each-and every the agreements, stipulations, conditions etrsd
covenants set forth in said note and this mortgage err either. In tits eeyertt the mwtgogor fai4 to pay whet
due nny tax, assessment, insurance premium or other sum o/ money pnya64 6y virtue o/ said note and this
mortgage, or either, the mortgagee may prey the same, without tnniuing or affecting the optiart fo far+e+close
or any ofherr right hereunder, and all such payments shall bear intene:t from date therroj eat the highest law-
ful rate Ihen allowed by the tau+s of the State of Florida.
~l any sum of money herein re(e?red to be not prnmpily paid within 1S ¦ days next ajte?
fhP Same bec-omPS dlre, or I f each and Pl~ery the agreements. s1lpu~tiortf. condition: area (~OUlna/tff O/ f~
note rend this me,rfgage, or either, are not jolly per/ormed, complied with and abided 6y, then the entire
sum mentioned in said note, and this moregnge, or the entire balann unpaid therrwt, shall jortituritit ar _
thereafter. of the option of the mortgagee. become and 6e due and paynb(e, anything in said note err herein
to the contrary ?totu~ithstanding. Failure by the mortgagee to exercise any of fire rights err options herein -
pror•ideel shall ?tof cortslilrrle a u•ait•er of any rights or options under said Hole or this mortgage accrued err
fherem~IPr accrteing.
~n ~Eul~ ~~Of, thr said mortg~ge» has he•?wunto signed and sealed these pesents the
~ day and yeetr (first alx?e•e r~firn.
n sealer/ and de ~ reed in the presence oj:
• ES J
• w.~e_ W.~,,._
UTH B. SCHiJAB
I
i
i
STATE OF FLORIDA,
~ c~c~TY c~F ST. LUCIE
1 HEREBY CERTIFY that on this day, bedeire me, aa.
officer dul~• authorized in the State aforesaid and in the County aforesaid to take xknowkdSmenes, persewally appeared
CHARLES JAY SCHi~IAB and RUTH B. SCHhIAB, as joint tenants with rights of
Esurviva~rsl~ip
to me mown to t e persons described in and who executed the fexcgoie>S imtrurnent and they xkrwwkdlltd
~ before me that they executed the same.
! _ -
I7 :\ESS my hand and official seal in the County and Sute last aforesaid this 2nd ; ~ d i
a Jaltu~r A. D. 19 gQ ,T~ ' - - 3
y -
r, ,
NOTARY PUBLIC ~ '
3 ~ MY COI~lISSION EXPIRES: - 't ~
~ ~ Notary Pu6Tic, State of ~!orida at ~~9~-=~.{ - .ti ~
~a~ JA~ .4 ~ ti1y Ccmir.issian Expi:rs Rlar~.tl 2S~~J~t-= ~J~ ~
ST LUCIE COUNT Y. Fl n` ~ . ~
r ROG{~,gtptiTRaS ~ ~•,~~;,U,
Ct.ERK -
~ RECdRO YERIFIc!1 gc~~~----- -
4'71595
A ~c~
6i101~(eK.J P1rGE
' %71u litslnimrn/ prrpair-d by: PREPARED eY: -Linda Sanderson ~ i
~ 1eie'~~ CHFI-SEA TITLE a GUARANTY COMPANY i
8000 S. U. S. 1. PORT ST. LUCIE. FLORIDA ''WHICH ?
INSTRUMENT WAS PREPARED INCtDENTA L TO THE
• wsatTttuc: AF a TITLE INSURANCE POLICY°