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HomeMy WebLinkAbout0978an~ sI~nII pe-~orm. ~~omp~y u-ilh anc~ a~,i~~e'~y eoch mu~ every t{~e agreemenls. aflpululion's. cor~dilioru and c~n~-~onls ~her~o(. ~n~ oj fhis morll~aAe. I-~pn f{~is mortpan~ and the PSIQIP ~P~P~y CtPQ~~, shall cease, de- 1~-minp and Ge null and ~~oid. Iin~ IhP mo~l{~anor ~~eri~tiy ~url~~e~ rnnenanfs and agrees to pay promptly when due_ Ihe principnl and inf~n•s( an~ ul~~er sums o~ money prontc~ei~ Jor tn sai~ nole and IhJs mortgage, or eifher, lo pay a~~ and sinc~u~ar 1~~e faxPS, ASSPSSfI1P/1I5, Irvie~s, ~ia~ii~ili~s, otili~~afions, an~I encum~,rnnces o~ every nafure on aaid pro- pPrly: lu ~x~rmil, rommil o~ su(~p~ no u~asfe, impairmenl or ~eferiorafion o~ said land or Ihe tmprovementi IIIPhN~n af any tim~: lo In~Pp 11~~ bui~~~ings no~v o~ hPrna(f~r on sai~l ~and ~ully insu~ccl in a sum o~ not ~pss ~h~~ the highest insurable value thereof in n i•ompany or i•ompani~s acr~pta~~~e 1~ I~~e morfga~~e, f~~e po~tcy or po~lcies to 6e helcl by, and paya6le lo, saitl morl4~at~p~, an~ in /~~P ~n~r~f any sum o~ money 6ecomes /xiyob~e tiy ni~lue o~ tuch tnsurance fh~ morf{~ag~P s~~a~~ tiai~~ I~~e ri~~hf fo rc~c•~iv~ an~ apply 1he same to fhe tndebtedness liere~y securec~, accounling fo I~~p -norf~a~~or jor any surplus: fo pay a~~ costs, c•~~a~PS, anc~ expensps, inr.~ucjinp ~awyer s JPPJ an~ fil~e s~arc~~es. -~asona~~~y inc~um~~ or pai~ ~~y i~~e morfgaf~ee hecausP o~ I~e jai~ure o~ !tie moifgagor fo prompl~y ant~ ~ully comply u~ifti II~e a~/-et~m~nts, slipulalions, condilions and covenants o~ sai~I nole anrl Ihis morfgage, or rit~~er; to ppr~orm, comply urifl~ anr~ a~~i~e 6y each an~I P[~PIy IIIp apreemenfs, sfipu~afions, con~ifions ancr [-ot~~n~~ifs ael Jorlh in sai~ note anc~ f~is morfgape or either. In fhe rnen! fhe morfgagor ~ai~s lo pay u~hen du~ any fax, ass~ssm~nf, insumn~•e prnmium or ottier sum oJ mo-~py ~yab[p ~y i~irfue o~ sai~ note an~ this mortnage, or eil~ier, 1~~P morff~a~~~ may pay Ihe samp, u~ithouf u~aiving or af jcrlinfl fhe option to lorec~ose or any OI~P~ /Iql~t 1~~-PUnd~r, and all such payments s{~aII h~ar inte~esf ~rom dale fhereof af tl~e I~ighest ~au-- ~u1 ro1~ Ili~n allo~nc~l 1-y 11~~ lau,s o( t6e Stafe o~ Florida. - ~` ony sum oj mun~v ~~PrPin rp(Prre~I lo ~~e no! prompl~y pai~ within 10 ~ays next a~le- I~~p sam~ ~iP~•om~s c~u~, or ij ea~I~ antl ~~~~ry Ilie agreemrnls, sfipalations. cone~ifions an~~ co~~e-~anis oJ sait~ nol~ and this morlgnpe, or ~ifl~er, are nol /ully per/ormed. ~ompliet~ wifh and a6~d~1 6y, ttien Ihe pnfirP sum me~tion~l in said not~, ancl Il~is morlgagp, or tl~ p entire 6a~ance unpnid Ihn~eon, s6al~ ~oHl~wilh or 1/~ereaJfer, a1 Iti~ opfion o( I~~v morf~a~e~. I~a~om~ and 6p ~ue and ~,yab[e, anyttiing in sai~ nofe or ~erein fo 1~~~ ~ontrary nolu~if~~slon~Iin~~. I'ailurp ~-y Ih~ morfc~agee lo exercise any o~ f~e rifl~ts or opfions {~erein pro~~ie~~Y~ shall nof conslilufr a u~ai~~~r o~ ony ri~~{~Is or opfions un~er saitr note or Ihis morfgage act~ruei~ or f~~~r~a(f~~r ac~~n~in~~. ~n ~YUitness ~~~OL~ f~u• c~i~I n~o-Irynryo- ~~as ~~ernunfo si~~n~ an~ s~a~P~ I~PSP PfPSP11I5 f~~P t~ay on~I V~~nr ~irsf d~~orv u~riftPi~. Signr~~. s~~~~~r~ anr~ elrli~~~rn~~ in t~i~ presrncv o~- ~ /~ : . . ~~~1~,~,~,,,~/ . . . . . . . . .. . . . . _..... ~ _. ....._.... ....~ A "chard . Schichtel :, . .. _. . _.. ... . , _ _- .. .. - - - ~ . - . _ ~- . . ~ t~C~~.ti.L,`-- s~/ _ ~ ~t --,c,:~.~ . ~ Catherine H. Schichtel ! .. . .~ $TATE OF FLOR1DA, ) CO('\TY OF St. Lucie i I 1iERF.BY (:ERTIFY that on this dar~ betore me~ an ~,(fi~rr (IUI)' aJlF1Ufl7P/I in th~ Stat~ a(or~said and in th~ County a(orrsaid to takr acknowledKm~nts~ pcnomily appeared RICHARD J. SCHICHTEL and CATHERINE H. SCHICHTEL, his wife, to m~• kno~.n to tx th~ prrson d~xribed in and who ~x~cut~d th~ (orc¢oinq instrument and a~knowkdged Ix~for~• m~ lhat ~x~cut~d the same. " ~ ~~'17 \ESS -ny hand and ot(i~ial sral in th~ (:ountp and Stat~• last afor~uid this 9~ day of t ;, " Janqary q. D. 19 8 1 • ~ . . H• r • ~~a1a. .., :~- . .. . ~~ ~ . ,~ ~ ~ ~ ~~ ~ . :`~'. ~ ~1 ,~ , ~~, . . . ~ _ . . , ~.t ~ _ _ .. ~ . / .._. ...""'....._...'_ '_ __"' ..... .............._.."""_"""""'"'"'"'""""".... • . . % -~,:;'.~. .. ~";~;,='r' Notary Public, tate of Fla. at Large '~*~` ~ ~ ~ ~i~~, ' MyCommission Expires : 0~,7-~/ ~ `'' G'_' ~ -~ ry•" '~ e ~} ",; ~ ~ U `~ ` ~~ .~'-~•`~- ~1.~~sfj ; r..~ .-;~ ;~. +;,^, , `,~. a~ , _ '~ ;~. ,. .,: ; . i9al ~~~~ -~ ;;s ;z- ss . ~IE.'...:'~ ...,.~ ~. T/~u LWniur~~l~ prrpnrcr/ by: Add~ru -- = -- - _ .~y = ~ t ~NC L: ~~c c1~~~~~.'F Cr'j?If'~.-~I~~ F'"uE`F? i~OiTft.tti :~. K _.Fr,~~.' t~'::~= i /j ~ r , ! -~ ~ ~~ ~46 P~~t 976