HomeMy WebLinkAbout0986 ~
;
and shall perjorm, comply with and a6ide 6y eacl? and ei~ery the agreements, stipu~atio?u, condittoru anc~
conenants thereoj, and o~ t{~is mortgaAe. then thi~ mortgage and t{~e estate f?p.~6y creu~ted, s~al~ cea~s, c~a-
termine and be nul~ nnd t~oid.
IZlll~ f~e mo~fgaqo? hen+6y f url~er covennnfs anc~ ag?eea to pay prompt~y when due t~e principal ane~
infere~l and ot~er suma o~ money pro~ic~ec~ (or in aaid note ant{ t~is morfgnge, or etther; to pay aIl and
atngu~n~ the taxes, nssessments, Ieviea, liabilities, obligations. anc~ encumbrances o( every nature on aaid pro-
perfy; to permit. corr~mit or su(jer no u~aste, impairmenf or deterioratioR o~ saic~ ~and or !he Improvemenb
tl~erecn at any time; to Irpep fhe buiidinfls now ar herpaftpr ort said land fully insured in o~um oJ not lea
thnn nil. ~
irt a cor?epany or tOA'1pQRtPS UfCP~Ia6IP to tf~e mortgagee, the policy o~ policies !0 6e held 6y, nnd pnyable ;
to, said mortpaype, and in t{?e event any sum o/ money 6ecomea pnyabl~ 6y virtue oJ auch iruurance t1u
morteagee shall have the right to receiue and upply the aame to tFte inde6tetLReas hereby secured, nccounting '
to t~e mortgagor jo~ any surp~us; fo pay all costs, cha?ges, nnd expenaes, including Iuwyer~s `ees and ttt~e
sea?rl~es, rensonnSly incurrec~ or paicl Fiy the mortgagee because of t~e ~ai~ure of t~e mortgngo~ to promptly
and f ul~y comply with the agreements, stipu~ations, conc~itiona and covenants o/ said note and thia mortgagt,
or either; to per(orm, comply wit{~ and a6ide by each und euery the agreements, stipulatioru, conditions ana~ I
couenanfs set jort{~ in said note nnd this mortgage or either. ~n the event the rnortgagor ~Qila to pay wlaen
due nny tax, cusessmPnt, insurance premium or other sum o~ money paqab[e 6y virtus o/ said note nnd tF~ia
mortgage, or either, the mortgagee may ~y I~e sa~ne. wit~ouf waiving ar affecting the option to forec~ose
or any other right l~preunder, and all suc{~ payments shnll 6ear interest (rom date thereoj at the higheat Iaw-
~ul rate ~hen allowecl 6y the lawa of the State o) F~orida.
J` any surn o~ money herein re(errecl to be not promptly paic~ u~ithin thirty c~nys next a~ter
tlte same becomes due, or i/ eacle ared every l1~e egreements, stipulntions. conditions and covenanta of said
note and t{eis mor~ga,qe, or either, are not ~ully perfornted, comp~iec~ with and a6~ded 6y, t{~en tlte entire
sum mentioned in saicl note, and t~is mortgage, o~ t1?e entire bnjnnce unpaid thereon, ahnll forthwith or
therenfter, at the option of t{?e morigagee, become and be due and paqa6le, anything in saitl note or herein
to the contrary notwif~stan~ing. Fnilure by the morlgagee to exercue any o~ the rig~is or options het~ein
providec~ s~a~~ not constittite a waiver o~ any rig~ts or opfions une{er saicf note or t~iis mortgage accruec~ or
t~erea~ter accruing.
~n ~~tll~ ~h~reof~ !he said mortgagor has {~ereunto signed and sealed these presents t{~e
c~ay and year ~irst a6ot-e u+ritfen.
Signe . ~ealpd and de " ~ered in t~e prespnce o/: ~ _ - : ~ ~
- - - . ~ ~~°'L =
"-~`T~ _ ~
- - - - ~ ~1~~R6Y STO
~i ~ ~,z -y.c--~_ ~ ~ - ~
-
~ ~ r R ~~STO DARD~ ~ ~
~J l~
- - - - - - ~
- - - - - - -
_ ~
STATE OF 1~+~~ NE~d .;ERSEY )
cou:vrv ~F o N i
I HEREBY CERTIFY that on this day, before me, an
offirer duly authorized in the Stat~ a(oresaed and in the County aforesaid to tak~ acknowledgments, p~nonally appeared
L. ROY STODDARD & MARY P, STODDARD, his wife
to me knawn io bc the persons described in and who executed tho for~goinq instrument and Wt1o acknowledged
before me that they cx~cuted the sam~.
H'II:~ESS my hand and official seal irt thc Count: and Statc last aforrsa;d this 'y2-...~Z~ day of
FPhr~~ar}~ A. D. 19 86.
: ~ ~Zq-'~'~'`'`~
. ~ 1t.,il
- - - - ~ ~
NOTARY PL'BLI C '
*tY CO:~II~iISSION EXPIRES: t~
- LOU1S ti!A1!v~
NOTARY P~.'.lit Cf ~:cW 1EkS:t
~r (,~~is~iow f.saw~a J++M I~. 1~7
(SEAL)
~RtrARcD SY S~~san D. _ Meit_.~c
~r__ FEB 28 P12 ~26
CHELSEA TITIE CC".~°~cJ~r
764?. S. U.S. 1 PORT ST. LUCIE. FLO~lC~± ~':;~~,Ch ,
INSTRU~~tENT WAS PREP~'~RED I~JCICENTI.IL TO TNE FlL:.. '
1"rRITI~~G QF F~ TIiIE iPJSUR.tiNCE PC~! ICY." ROGt~~ : -
ST_ tUC:: ~ .
Tlr~s Iuslru~~~cnt p~epnr~d by: ~ ~...3~f ~ ~ ~c~
4,:~G 'r~GE 9~
[~l~7tY~
!
;i
.
_ . _ . _ . r_ _ - r _~,.~~._,w:...~.~~~,~..-_.~~