HomeMy WebLinkAbout2638 nnd s1~nl! ~ser/orm, co~~~pl~~ u•itli nn~l nbi~lc l,y cnc•h n?~d cucr~ t1~c a~;rcamciifs, sfip~riutto?~s, co?idttio~u aiid
. cove?wnts thereoj, and oj tlits inarl~;~~~;e, t)~en tl~ts mt~rt~;cl~;~; an~l tl~e es~ntr. 1?creh~~ crentct), shnll cense, de-
termf?:e arul be nal! a?u! void. .
. ~ tlie mort~;o~;or l~ereby iurtl~er couenants cn~d ~~~rees ta pu~/ prom~~tly iul?en due t1~e J~rinctpal and
lnterest and othcr siuns of money prouiderl /or i?~ sairl nate arul th~s mnrt~;~~e. ar ettl~er; to ~~a~/ all a~ul
singular the taxe$, assc~ssmei~ts, (euies, linbilities, nb?i~;ntlor~.s, and ertc~ulil~ra»c~s o~ euerr~ ~iahire a~i safd proj~- _
ert~; to perrnit, cornmit or sliQer aa icnste, ttlt)xltrlllCnt OI' ljC1CYl01'Uff011 Of SAl(~ IQiiII Of
t~16 11)1~3f'OU6lt1CIl~S
fl~ereo~i at any time; to keeJ~ Nie huildfngs iiow or I~ereu/ter an sr~td land /ally iruur~d ~ri a sutn Of tlOt less
. il~an • ~ ~ ~ -
in a com~x~ntj t+?' comJ~nnies accept~6le b t1~e »~ort~;~~;ee,. i1~e polic~~ or ~~olicics to be 1~eld by, Grul pnqable
to, said morf~agee, and in th~ euent anr~ seun of mnney ~becor?~es pat/nl~le b~/ uirtuc of such i?uuraiice. ihe
tnortgagee sl~ull have tl~e ribl~t to rer.eiue aiul aJ>>>ly the san~e to tlie indelitedr~ess l~ereb~ sect~re~~, accou~st~ng
to tl~e rnort~aoor for antJ s:irplus; to prn~ aU costs, cliur~;es, a~ul ex~~e~~ses, including latv,yer's fees nnd title
searclies, ~ensonabl~ inc~~rred or paid l~y t)~e nrortga~ee bec~use of tl~e f~iiure of tlre mortgagor to promptly
a~ut fully comply icith tlie agreements, sti,~ulalioru, caulitio~u n?ul couenants af saui note anri this mortgage; _
or eitlrer; to per%orm, con~ply witJ~ a?ul abi~le b~J euch a~ic! euery tl~e a~reements, sti;~ulatio?u, conrlittorns ancl
coveiumts set forth in sn'ul note ancl this n:ort~;age or eithcr. In ihe euent the mortgagor fails to pa~ wlien
~ . ~lue ani/ ta.r, assessment, ituurance premium or other surn of money j~u~/a~~le l~y virtiie of snici note and this
_ mortgage, or e~tlier, tl~e mortgagee may ~fa,y the sni»e, wiN~out icaiuinb or a~ecting the aption to foreciose
or n?iy other right I~ereunder, arul al! strcl: ~~a~~nie~~ts sliall bear intcrest from ~late t1~er~of at the hi~l~est la~u• .
f ul rate theii alloicetl b~~ the la~us of tl~e State of Floricla. - ~
- ~l nn~ sum of money lierein re%rred to be not promptly paid ~cithin h~r~y days ne~i after
- the sa?ne becomes due, ar if each aiul euery the agreements, stipulatio~~s, co?u~iho?~s arul cvuenanfs of sairl
note and tl~is ~mort~;age, or either, are not fully performed, cornpTied ~oith aruT a~ided U f, tl~en the erztire
. stun mentio?ied in said rwie, ~?ut this mort~age, or the entire balanse unpaicl ihere.on, shall forthwiHi or
thereafter, at ihe option ~f tlie mortgagee, l~ecome and be ilue a?ul J~a~~nble, an~tliing in snict note or herein -
~ _ to the contrary ~wt~~iil~standing. Failure 1~rJ the n.~ortga~;ee to exercise any of the rights or optrons herein
~rovuled shnll iwt cotGrtitute a. icaiuer of any rigl~is or optio?~.s unrler snicl nofe or t]~is mortgage acertiecl or
~ thereafter accruing. ~ • .
,
~n ~itness ~hr~of~ ilie said mortgn~;or has 1?eretento sigrietl aiul ed fhes presenis ihe
clay and ~ear first ahove u~ritten. ~ - _ _
. Signed, sealed and clelivered in tlze ~ serice of: - - -
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~ - STaTE OF FLORIDA, ) ^ - - _ -
_ - COUN"I'1' OF St.- Lucie ~ -
- I HEREBY CERTIFY that on this day, before nte, an
o~cer duly autlwrized in the Statc aforesaicl and in the County aforesaid to take aekno~~•ledgments, personally appeared
Charles J. Cannon Jr. & Patricia A. Cannon, his wife _ _
t~~ nu• kn~f~cn h? hr the• person g il~~scriheil in ancl ~chu i•~~Y•ute~~l th~~ fore.~oin~ in~trumc~nt ;uul they aekno~~~ledRed
' befon• nic th:~t they i~~i•c~itrd tht~ ,:uni•.
\1'l"C\ESS m}' h:uul and ulEicial .eal in thi• Coiwt;• anil Siatr Lut .tfurc~tid thi. 20th,``~ . dsy of i
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May A. D. ts~ - . - ~ - .
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, . - - PUELIC STATE bF'~'lOR1aX~ T
- . MY COMA~i531ON EX?ip~s ^ uRGfl.~ _
! - - - 801~iDfD THRU G 18~ 19T7 - -
- - F?'1ERAL INSil~
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FiLEc: t.~i~ :ECGRL~EO - ~ '
- St. LUC~(: -".O~~iTY FLA. - -
: . . P.Ot~~;; rc'i:rRAS ~
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~ _ C~ F ~;±;.c .StT C~URT ~,C~ . ~ -
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_ Mar 2~ ~ 5~ AH ~~5 _ - - _
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