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HomeMy WebLinkAbout0984 ~ and shall perJorm, comply wtth and a61de 6y eac1~ and evary the agreemsnt~, •trpulattoni, c~ondlttont and cot~snanf~ tl~e?eoJ, and o/ tl~ia mortgas~e, then thia mortgage and the eitate heroby created, ~hall c~ease, de- termtne and be null an~I voicl. t1~e morfga~o~ l~eruby ~uriher c~ovenants and agrees !o pny promptly when dua tlee prlnclpcl and inte?rsl and oll~er s~im: o~ money prouiclec~ (or tn aufc~ note and thi~ inortgage, or eitl~er; fo pay a~~ and itngutar tl~e IACPJ, assessmenfs, lovtea, ~la6tlittes, ob~tguftons, and encumbrance~ o~ euery nature on aaid pro- perty; to permil, comrr~it or su~f er no wasle. im,pairment or dele~tomtlon o~ taid jand or the improvementi tl~ereon a! any tlme: !o keep the 6utldings now or hernajt~r on .Qid land /ully iruured tn a sum oj not Iest ~I~an full insuralale value tn a company or compantes accepta6le to the mo~tgagee, the pollcy o~ policiea to 6e he[d 6y, and paya6le to. ~at~ moNgagee, an~ in fhe euenf any aum o~ money becomea ~yobl~ 6y ~i~tue b( aucft insurance ihe mortgagee sha~l have f~e rig~! to receive and apply the aame to tl~e indebtrdness hereby aecured, accounting to tf~e mortga{~or (or any surplua; to pay o~l costs, c~argea, and @7[P~RiFt, tncluc~ing lau~ye~ s(eea and tttle ' 7 aeurc~es, reasona6~y tncurrec~ or pntd by (~ie mortgagee because o~ fhe ~at~w+e of t~e nwrlgugor !o prompt~r 3 ancj ~ulty comp~y wif~ fhe agreemenfs, sttpu~ationa, c~ondtttona and covereants o/ setd note and this mortgage. ~ or either; to per(orm, compIy with and a6tde by eac{~ and euery Ihe agreements, stipubtions, condittons aad ~ covenants set jorth tn satd note a~ed ~his morlgag~ or either. ln the event the mortgago~ /atla to pay when due any tax, assesamenl, Insurance premium or otF~er sum oj money paya6[e 6y virtue o~ aaid note and t?st~ ~ mortgage, or either, f~e morfgagve may pay t~e aame, wilhout waiving or ajjecting fhe option to (orec~ost or any otl~er right heretinder, and all such payments shall bear intereat jrom date IhereoJ at the htgheat [aw- = ~u~ rate IF~en a~~owec~ by the. ~atus of fhe State o~ Florttla. b` r' ~l any sum o~ money 1~ereln re~ened to be not prompl~y paid within 30 dny~ next a~ler If~e same becomes due, or i, each and e~ery Ihe agreemenl~, stipu~ations, condittona and covenanb o~ said note an~ tl~ia mortflape, or either, are not ~ul~y per~or+n~d, complied wilh and a6td~1 6y, I~ien the entire aum menlioned in said note, and thts mortgage, or fhe entire ba[artce unpaid lhereo~, ahaii /ortl~with o~ tl~ereajter, at the option oJ the mortga9ee, become and 6e due and paqable, anytl?tng in satd note o~ herein to ihr conl~nry notwitF~standing. Failure 6y t?~e morlgngee to exerci~e nny o~ the rtghts or options heretn provic~ec~ sf~a« not consfifufe a wniver of any ?ig{~Is or opfions uncler satcl note or t~is mortgage accruee~ or thetea~fer accruing. ' i ~n ~~ln~s ~hereof~ Ihe said mortgagor has l~ereunto signed and sealet~ tlteae preaenls the ~ dny and year ~irsl above wrt[len. Sign , sealed a?ed de i red i tlee presence o/: - ~ ~ . . ~~.lcu.Q ~ i' ` ~c.~.~D.._. ~ _ . - - Gx or~s S~w ~ - - - .c~~: . ~ ...i~~.~-~ . ~ . RE~ CCA PRITC~iARD STEWART I .C~J.~.s.L:_..._._ - - - . _ ~ ~ . . ~ . . . ~ ~ STATE OP FLORIDA, ~ ~ COUNTY nF ST. LUCIE ~ I HEREBY CERTIFY that on this day. be[ore me~ an of(icer duly authorized in the Stat~ aforrsaid and in the County aforesaid to takr acknowledgments, penonaliq appeared ~ NICK TEiOMA.S S'I'~WART AND REBECCA PRIZCHARD STEWART to mr knowr? to be the person desc~ibed in and who ezecuted the for~goinq instrument and tt1@y acknowledqed before me that they cxccuted the same. . ~~'I"l~\ESS my hand and official seal in thi• County and Statc last aforesaid this ~ L'~~ aay o( PQ(L: ~ .1. D. 19 87. . v • r~r . : . . , r l .s..?~:_.: ~ . ~ • . . ~ ~h..,,-•.....•--- ARY PUBL C, o~-~i~e~. $?.12fi at t.arge. . ; ~ . : - ~ . " ~i - ' , ~ ~ r . . " ~ , '87 . MY (.~OrR~1ISSI0N E}~!i~;~'~~.t~~~~ • ~ ; APR 29 P3.53 ~i-s-g9 - . . , Fli.~ . ; . . ~ DOUG~." . . ST. LUC!' . f , ~ - %lra Iris~rri~~r~~rl pr~prinJ Gy: ~1'his instrum~nt pre~nreci by BRUC~; R. AQ~RN~THY, JR., 311 South 2nd Strset ~~~~<<~~='-' Fort Pierce, Florids An n 800K S~tJ PAGf ~782