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HomeMy WebLinkAbout0725 and shall J~~r/orl~t. COlll~)J~/ ~i•itlc ~i~u! ul,iclc htJ ~ruc•Ii r~nr! ~~i~ur~ tlur ct~;rrri?ur~?h, slil~ulr~lians, ru~ulilio?~.s a?t~l ; covena?~ts tl~ereaf, nnd o/ fhts i?iort~n{;e. f1?c~r~ t1~is iuort~;a~;c inul tlic r.stutr. l~crcl,~~ rreatcd. shnll cense. cle- termine ~nd l~e null and void. ~ , ~ the ntort~;n~;or 1?eret~y further cc~uennnls a~~cl a~;rees ta pui~ J~rom/~tly ~vhe» dtre tl~e principnl and ; interest qrid othcr sim~.r of nior~ci~ ~~rovided jor iri snirl nnlc n?~rl tl?i.s ~t~ort~;nge, or eitlier; in ~~n~~ ntl n?icl ~ singular N~e tases, n.sscss?i~ertls, /cuics, li~bilitics, abli~;~fro~4s, ~?ul enci~»>/~ru~~~es o/ cuer~~ nalure o~i suid prop- ~ ert~; to f~crmit, commit or su(Jer »o te•:tste, i?»puirn~ent or tlctcriornticm o/ said la?~d or tlrc iu~~~rouemenfs ~ tliercon nt nny time; to keep the tit~ildin~s no~u or herca/ter on sni~l lund /ulh/ ir?si~rcd in ~ stur~ vf not less 1 t1~an ~ : in a company.or con~j~nnies ucce~~table ta tl?e r~?ort~;c~~ee, t1~e policy ox policies to be 1?cld by, nnrl pn?~able ~ to, s~id mort~;a~;eF, ancl i~~ the event uny sum o/ rnonei/ bc~cnmr.s p~u~al~le hr~ uirtue nf such insurnr~ce Nie n~ortgadc~ sl~all l:a~e N?e ri~;1~t to receiuc~ und npply the snme to t/re indet,ted~~ess /ierel~J sccured, accotu~ting - I to the mvrt~a~;or /or anr/ surplus; to pa~/ all costs, chur~;es, ~uul e.rpe?~.ses, includin~ la~u~~er's /ces o?ul titie searcl~es, reasonctbly incurred or paicl bi~ tlic r,~ort~;a~c~ l~eaiusc of N~e /ailure o/ tl~c mortga~;or to promptly I aiu! JuUy C0111~)If~ icitl: t1~e agreements, stipulal:~?~.s, COfI(~II?013S Qti[I COUEiIllIlfS Of said iiote n?ul this ~nortgage, f or either; to ~~cr/orm, comply ~e.=rNi arul abi~le /~q eucA ~rrd euc•rr~. the ~~~;reements, stipulations, COillltllPllS and ; cove~tants set forth in saitl nole mul tl~is mortgo~;e or cithcr. Iti the euent N~c nlortgngor fuils tv pay cchen ; diee nny tn.r, ~sse-ssment, ir~si~ra?ice premium or oNier sia?n of moriey J~ayallle 1~~~ virtue of snid riote nnd tliis ntortgage, or either, t)ie n?ort~agee ma~~ ~~ny the sarne, ~citl~nilt tcaiuin~; ar aBectrng the option to foreclose . ~or an~ otltcr ri~;lif Ilcrzu?ticler, und all strcli pnyrncnts sJ~all bear intcrest from date Niereof at tlie hi~hest la~u- , ful rate~tlien alloiced l,y.lhe la~cs o/ tlae State of F'lorula. . ani/ strni o/ morerJ herein re%rrect to be not Jironeptly 1~nid icit)~in thirty ~1ays next nfter t)~e same becomes clue, oc if each nnd euer~ tiie a~reem~nts, stipuk~tio».s, corulitror~.s nrul coue?tants of saicl note anr~ this mortna~;e, or eit)ier, are not iuU~ perforuied, coniplrecl icith a?id abidecl b~, tlie~i the e~itire s-ui~i mentioned iti said note, nrul t1~is mort~age, or tli~ e~itire bulaiice ~inpau! iliereon, s1~n11 fortl~wit)~ or ' . ~ therea~ter, at the ol~tron o/ the mortgagee, become and l~e clue nrul par~able, an~tl~ing in saed note or herein I fo the contrnri~ ?:otecithstnndin~;. Failure b~ the mortgcrgee io exercise any of ihe rigJrts or options herein ; j~ravic~ed shall r,ot constit~~te a ecaiver of any ri~;1?ts or options unrler snitl nole or tl~is mortgage accrued or therea~tcr accrui~i~. ~ ~ _ . ~ . . ~~~~s Wh~~l~ the saict mortga~;or I:as hereunb signecl nnd sealed tliese presents the day ancl year first al~ove ecritten. . Signcd, e'aled a?~d delicered in the preserzce of: ~ ~ _ , . --.---~..:_.....---C~....----.--- : - w . . _ - - r . . v ~ . - - - ~ -~i - ~ . ~U~~ r ' ~ - ~ . L ~ STATE OF FLORIDA, ~ ~ COUNTY OF St. Lucie - _ I HEREBY CERTIFY that on this da~•, before me, an off`icer duly authorizcd in ihe State afor~said and in the County aEoresaid to take ackno~~•ledgments, per.sonally appeared Ted A. Kirk and Eli,~ abeth C. Ki k • t~~ nu~ kno~~ n to lx• thr pi~r~~rn g~li•.crihe•el-in :uul i~ u~ i~~i•rnti•~1 th~• fnn•:;uin~ in.truini•nt and t1'SeY ai•knntvled~ecl hc~or~• mt• th:tt they ~•`~~~~~~?~~~I ~h~~ . ' a~~;:,, ' • 30th. _ • - - ~~da>• of { \~~1T\I:titi ui~• h:uul ancl ofiici.~l .r.il in th~• Cuiu~h ;nul tit:d~~ la.t :i(urr>:ti~l thi. f. ~ ~ ~ 75 - May A. 1). l.) _ ~ ~ ' ~ . - - " - ~ ~ ( - .t .~1 _ . ' - - ~lC`Z_~ /~Y' ~r, = . _ ` - , . • • ' . _ NOTAPY PUBIIt ~TATE OF Flt#+~!AA ATiA~~R . ~ ' ~ f ~~fl A'?Q K~y71 flA. I - MY COMMISSIOtJ EXDIQFS.AP~ 1P.J9TJ... :;1,- ? ~ BONDED THRIi GENE~A1 INSURA~ICE~~1qi'~~~K~-, ~ '•r.:r~ti4l~Lta..--. AGGE~ F~~YAi?S ~ _ CL~~~• ~"`-~_1115 C~URt ~ ' . - R~GQn1~ tiC~ _ ~ - . "'Z5 ~ 1~ - _ - ~ ~ 58 ~ - _ _ ~ ~ . ~~q _ _ ~ ~~K 24~ ~ - - ~ l