HomeMy WebLinkAbout0941an~I sI~aII pPrform, cu-np~y wif{~ anc~ abtc~e 6y earh and every f~e agreeme~ts, stlpu~fion's, c~ondtftona and
co~~enanls Iliereo(, and oJ Ihis mortpupe, 1{~en Ihts mwtgaAe and Il~e estote hereby created, :hall cewe, de-
te-minn an~ be null on~I ~~oi~.
Tln~ fhe morlgapo~ heroby f urtl~e~ rnoenunls and agrees fo pay promplly when ~Iu~ Ihe prlnctpal and
inlerns! an~ olher sums oj muney provirled ~or in salc~ note and ftiis mortgage, o~ etf~er; fo puy a~~ nnd
sin~u~ar I/Ip _IA.CPS, assessmPnla, IPUIPS, Ita63lifies, ob~i~afions, ond encumbmnces o( euery ~alure on said pro-
perly: fo permit, rnmmif or su~fer no waale, impairme+~t o~ crelerioration o~ said ~and or Ihe tmprovementi
11~ern~n al any lime; fo Ir~p tl~e 6uildin{~s nou~ or hernaJl~~ on ~a~a ~a~~a Iully tnstued in a sum o~ not less
Ihan not less than v~ue ~f both mo~t~~~es.
in a company o~ compani~s QCCP~~A6 P!0 1 e mortgapee, t e o~ pol~ciea to ~ held 6y, and paynble
to, sai~ mortgage~, an~ in fi~e euenf any sum o~ money 6ecomes paya6le by viHue o( such Inswa~ce 1{~~
mort9agee s1~all have the right to I(K'PIUP and apply ihe aame to the indebtednea: here6y iecured, acc~ounttng
to fhe morfga~or ~or uny surpl~u: to pay a~~ rnsts, c~arpea, and expe~ses, inc~uding ~awyers fees and ttt~e
searcties, reasonahly incurn~cl or paid 6y Ihe morfgagee because o` I~e jailwr o~ I~e rnorlgagor to prompt~y
an~ Ju~~y i~omp~y u~ifl~ II~e agrpemenls, sfJpu~alions, rnnc~illons and rnuenanfs o/ said note ond this mort9n9e.
or ~iftier; fo per(orm, rnmply u~ith and a6ide 6y eacf~ and euery t1~e agreemenfs, slipu~altons, condifiont und
co~~enanfs sef ~orth In said note and l~ts morfgage or eittier. /n fhe eueni f~e morfgago~ JaI~ to pay when
due any tax, assessment, insurance p-emium or ofl~er sum o/ money paya6le 6y virtue o/ said nofe nnd tl~is
morf~age, or eil~ier, Ihp morlgagee may pay fhe same, wif~oul wntuing or a~~ecfing ttie opfton to ~otrc~ose
or any oll~er right I~PrPUnder, and all suc6 paymenfs sball 6ear interest (rom date t6e-ro/ at tl~e 6ighest Iaw-
(ul mfe il~~~ allou•ed I,y fhe lau-s of ti~e Stale oj Flortda.
ll any sum o( mori~y herein relpnecl lo be not prompf~y paid wit~in 30 days naxt alfer
1~~ same hea-ornes aue, or i~ each ancr puery Itie ag-eemenfs, stipulalions, conc~ifions ancr rnvenanfs of taid
not~ and Ihis mortgnf~e, or pilher, are not ~ully pe-/ormed, complied wifk and a6td~d 6y, t1~en the entire
sum ~nentionecr in snic~ nole, anc~ this ~nortgnge, or t/~e enfire 6a~ance unpalt~ f~er+eon, stin~~ ~oHhwltti or
t6erea~ler, at Ihc+ option oJ the mortgagee, 6ecome and be due and porable, anytl~ing in raid nole or l~erein
lo /hc confrary nolu~if{~standiny. Failurp 6y Ihe mortgagee to exercise any of the righfs or oplions {~erein
pro~~i~Ie~I stia~~ nof consfilufe a u~ai~~er o~ any rigtifs or opfions under sai~ nole or t~is morfgage nccrued or
ttierea~fer accruing.
Dn ~~~Il~ ~~~I~ f{~p said morfgagor /~as I~ereunlo signe~l and senle~ theae preienls f{~e
~ay anc~ year ~irst ~e u~ ilfen.
$igne . an~ i r in fh~ pr~sencP o~: ~ ~
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: ' ~ C~ro A. utton his wife
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STATE OF FLnRIDA~
COITNTY OF $t. Lucie
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I HEREBY CERTIFY that on this day, before me~ an
otficer c3uly authorized in the Stat~ aiorcsaid and in the County aforesaid to tak~ acknowkdRm~nts, p~rsonally appeared
Charles R. Sutton and Carol A. Sutton, his wife
to me known to br the prrs~n $ described in and who es~cut~d the for~~qoinq instrument and they '~knowkdRed
Fx(ore mt that they ~x~cuted the same.
~Y17:tiESS my hand anel official seal in the (:ouoty and State Ust aforcsaid this /~'~ day o(
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Nk.(~u/i.~'~'~- A. D_ 19 ~ (~~
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. ..---•~-- •-~ - -. ..~'l.~..f ......._.. ~~.l~l-.=~--'~-~~ ....................
otary Public, Stat~ of Floridn
at Large f
My Co~ission Expires :
a ~345 p~ ~3~
7~~u I-r.~,,,,,,~,n pnp,,.~~1 hy: ~ M~CHAEL BRcNNAN
~~~f,jmu 71~i D~l.4Vv'.4RE AVENUE
FO~tT P~ ^? '~:, F"L 33450
Nela..; ~~rF,!ic, c,;s- ~~ c~,;.:~~ at large
~1y Gor~~;ri~,s, ,n E~N~ces Lec. 18. 19g1
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