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HomeMy WebLinkAbout1957 nruj s~~a~~ ~mr~orm. comp~y ti>il~~ cuu~ nf~i~~o one~~ c~ru~ et~e~ry t~ic~ n{irt~e~menls, slipu~alions. conc~ifions nncl rorc~nru~ls Ili~v~aj. ~rid of fl~is mort~~nqc~, ilier~ fl~is mortc~ac~c~ ancl tl~~ c~stnt~ {~e>reE?y ffPplPl~. s1~n~~ c~nse. t~e- i~rntirt~ aiir~ ~~e +ui~~ nn<~ ~~oic~. Z~l~~ I ~~~1~ I~ic~ moriqa~~or 1i~~ri~1~y )urtlie~r coi~c~nar~ts cuu! a~~rees b pay promplly tvlten tltte ii~e principal anc! ~ i~~t~re~sf an~~ ot'~or s~unc c~J mon~~y proi~i~~o~f ~or i?a sntcl notc> nnc~ I~iis mortqat~e, or eit~~er: b pny a~~ anc~ sir~qu~nr tlic~ lazc~s. ussi~ssmrnts, ~i~t~tc~s. ~ia~~i~ili~s. o~~~i~afions. antl enci~mE>rnnces oJ every naiure on sai~I pro- perty: to pi>rniil, commil or stiJJ~~r iio u~c~.t~~, impairnie~tt or c~eleriorafian o~ saic~ ~anc~ or t'~e improu~menls ~ t~~~~rc~on af nny limo: fo ~~~p f~i~ ~~~~i~c~inqs nou, or ~~i~r<~njtor on sni<~ ~an<~ Ju~~y insur~cl i?i n sum oJ not ~es~ $18 ~ 000.00 fire and extendeci coverage in a~•o?npany e~r e~ompn?~ic~s ari•i~pin~~~c~ lo t~~e> mortqu{ter. 1'ie po~ii~y or po~ii~ic~s lo ~~c~ 1~e~~c~ ~~y. ancl pnyn~~je to, snicl mortc~ngc~~, an~~ in tEi~ evcmt an}~ sum of mon~y f~econtes paya~~~e ~~y rirtue o~ suc{~ irisura?tce (~~e mortc~ac~c~~ s'ia~f ~~ni~~~ I~~i~ ri~~~it to r~~~-eive c~rul np~~~y f'i~ s~me fo f{ie inc~eE~tecjn~ss ~inre~,y securet~. acco«ntinfl ~o tltr.~ ntartcrnctor Jnr r~r~y slut~l:is; !c~ ,:::t nl~ sosts, cliarc~c~s, arc~ t~~-persses, i?tc~ludin~ ?a~uy~r's (~c~s nncl liile s~arc~~~s, rc~nsonn~~~y int'urn~tl or paic~ ~~y i~ie morlqng~e I)CCQIISP o( t~?e jni~u~e af tf~e morlqagor to prompt~y nnt~ Ju~~y c-omp~y tvit~i t~i~ a~~ree>r~i~~nts, stipu~atinns. concrilions nnc~ t-ovenants o~ snic~ riote «n~l I~~is mortpnpe, I or c~if~~er: to pc~rjorrn, ror~~p~y u~il~~ anc~ a~~i~le E~y enc~~ nnc~ en~ry t'ie ac~reements, stipu~ntiorts, concjitions an~ roveiinnts s~l JortE~ in snicl noie nncl t+tis morl~~n~e or eit~ier. ~n t~ie event t'ie mort~apor ~ai~s to ~~ny ~u~ie~i c~ue ariy tax, ASSPSSfIIPIIt, insurnnc~ premium or otl~er sum o~ money pnynf~~e E~y nirlue o~ snicl rtofe anc~ t~~i~ mort~nr~e, or oit~ie~r, 1~~~ morlc~aq~e mny pny t'ie snm~, iuitliout u~aivinc~ or n~~ecti?iq I~~e option to forec~ose or any oll~~r ric~l~f ~ier~unrl~r, ancl a~~ s~~c{~ pnym~nis s~ial~ f~~nr ir~ter~st fronz c1at~ tl~erec/ at tlie h~~,h~sr law- ~iil rnl~ tli~n allo~nc~l hp tl« ~a~ns nf tli~~ Stnte o~ F~ori~~n. any sum o~ mo?ic~y ~ic>rc~in rn~i~rr~tl to no! promptly paic~ u~it{~in "'~-5- t~nys next njter 11~~ snm~ b~~onu~s du~, or i~ encli ancl ~~+~rp II~n ac~reemenis, slipulafions, co~editiores nnd covenants o~ snic~ ~ not~ n~irr tl~is ~nortt~aqe~, or eitl~er, are~ not f ul~y per~ormec~. compliecl wit{i anc~ af~icle~ by, then ifie ent~re sum mentionec~ in snicl nofe, c~ncl t~~is mortt~ac~e, or tl?e eniire 6nlance unpaitl tliereon, sha~~ (ortl~witfi or llierhn~ler, nt 1~~~ option o~ t~ic~ moNc~ac~c~c>, ~~ecome aric~ ~~e c,ue ancj pnya~le, nnytliin~ in snic~ note or jierein fo 1{~e contran~ riohi~il~~sfanclinc~. Fuilure ~~y t{ie mortc~agee to exercise nny oj ihe ri~~its or opfions ~erein proi~ic~vc~ s'ia~~ not c-onsfilute n uuiin~r oJ any ric~lits or options ~uic~er snic~ nof~ or tEiis mortc~ac~e aceruec~ or i{ii~r~ajt~r n~cniinc~- ~n 'WD~tnQSS ~h~reof~ tlu~ snid morlqn~or I~as Iteretmto sic~ri~d and s~nl~d tl?ese prese?its llie rJay cuuj ~•enr (irst a~~o~~e trrilten. I Sic~?i~s~n~~c~ ancl c ~t rec~ ' ic~ pr~sencc~ o~: % , - - ~ - - - ~l`'~~~i~~=--l~~Cj'.tix_"-":'~'._..~ - - - - - - / - ~ -----~t~. - - - ----._.....,111~..~_-e~~..~r.~- . - - ? ~ ~ ~ STATE OF FL(~RIDA, t cov:~~T~~ oF ST. LUCIE ~ ~ ~ I HEREBI' CERTIFY that on this day, before me, an officer duly authorized in the State aforesaid and in the Count}~ aforeaaid to take acknowledgments, personally appeared ~ Edmund M, Kadke and Dor i s DT. Radke , h3, s wif e ~ ` to me known to bc the pcrson S described in and who executed the foregoing instrument and they acknowledged ~ ~ befor~ me that they executed the satne. ~ ~1'IT\ESS mp hand and o(ficial scal in thc County and Statc last aforesaid this 31'St day of January A. D_ 1966. ~ . , , - ~ ~ - ~~te .."•C~ D F~ ~~~~RBOOK Notary ublic ~ Sfiate o~ Florida at . ' . ~N-~~~'=_-"-"" • J Large. My commiss3on expirest - - 1 O i l1 r~ ' ~-G~i~ _ ~ II' Sa 1 '66 FE6 ' _ , L~~ . GE Z ~'0~ ; ; ;AS, CLERK ,1 , r , ~ `r '~,,'•RO 'r . ; _ : %,g~T. LUC?E COUNTY, ',,~~~,u~ _ FLORIDA V T~ ~ • _ . = i ~ . . ~ r_ • , _ ~ ^ • IIj ~r; - - ~i J . ~ ~ ~ g ~.51 ~ ~ BOOK~~ ~ . . . ~ t. ' ~ ~ . - _