HomeMy WebLinkAbout1526 ~nd sltall ppr~orm, comp~y wit{~ anc~ a6ic~e by pa~h nnd e~~ery tl~e ngreementt, sfipu~ations, condiliona nnd
coi~ennnts tl~ereo(, and o/ this mortgapP, fhen this mortgage and Ihe estate here6y created, s1~all cease, de-
tP~mine and 6e null an~ noid.
~in~ ttiP mortya~or tien•~ry ~urt~er covenanfs anc~ agrees to pay prompt~y w{~en due fhe principal end
intprPSt and of~er sums o~ money provic~e~ jor in saic~ nofe anc~ f~ia mortgage, or either; fo par al~ and
singular t{~e tnxps, assPSSments, lee~ies, Iia6ilities, o6ligalions, nnd encumbrances oj every naturt on said pro-
perty; to permil, commi! o~ s~if
fer no waste, impairment o~ delerior+otion o~ snic~ ~nnd or Itie impro~emenfs
thereon af ~ny time: ~o IrePp fhe buildinfls nou~ or 1~erPajfer on said land /ully insured tn a sunt o/ not lesa
ri~an full insurable value.
in n company or rnmpanies acceplable to the mortgagee, the pollcp or poiictes to be held br, ~?d Poya6[~
!o, said mortgngee, an~ in the e~ent any surr~ ol money 6ecomes ~ya6l~ by virtue o( tuc~ inawanct t~e
morfgagee sRaII hn~~e fhe rigR! !o receive and apply the snme to tl~e indebtedness hereby secun?d, nceounling
to f~e mortgaqor ~or any surp~us; !o pay a~~ costs, charges, nnd sxpenses, Inc~uding ~wyer~~ ~ees a?~ titje
sparc{~PS. rpasonaFily inciu?ed or ~~d by r1~p ?nortgngee becawe of !he Jaitw~e oj t1~e nwrtgagor to promptlr
` an~ ~ully comply u~if~ Itie apreements, stipu~nfions, conditiont nnd covennnls o~ sait~ nofe and l~Is mwtgugs.
or eifher: to per~orm, comply with and a6ide by each nnd every ll~e agreementa, stipulntions, eonditions and
corennnta set (ort~ in said nofe nnd f~is mortgage or eitker. /n fhe event I~e rnortgagor ~ui~s to pay w~en
due nny tax, ossesemenf, insurance premiun~ or ot{~er su~n oJ money pnya6le by t~irtue oj snid note and lkia
moitgage, or PIIRP~, ftie morfgagee mny pny t{~e same, wIt~ouf ?untving or nj`ecting the opffon fo jorec[ose
: or nny o1{~er right {~ereunder, and nII such paymenls shall beur interett /roni date tl~ereo~ nt fhe highest Iau~-
~ul rate then allo+usd by tl~e laws o~ Ihe S~nte o~ Florida.
any sum o~ money herein re(prrec~ to be not prompt~y paid within -30- ~npt next a~ter
the same 6pcomes daie, or i( each nnd e~~ery fhe agreemen~s, stipulations, conditions and couenanls o~ said
note and thi: ?nortgage, or eitl~er, are not /ully perforn~ed, complied with -and a6~ded 6y, t1~an ll~e entire
sum mentioned in iaid note, ond this morlgage, or the enlire 6alance unpaid tl~erron, shall jort/~wtth or
t~erea~ter, at t{~e option o~ the mortgagee, become and Ge due and pnya6le, anyf/~ing in said note or ~erein
to the contrary nofwitF~slanding. Failwe by the rnorfgagee to eze?+cise anr of t~e rig~ts or options henin
pravic~ec~ stia~~ nof constihite a u~niuer of any rig~fs or options under saicl note oa f~is rnortgage accnaed or
t~erea,ler accruing.
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' jn ~~Ni~ 1WIK"~~~ f~e saitl mortgagor ~as l~ereunto signed ancl senled these presenls t~e
c~ay an~ ypar ~irsf atiove u~riflen.
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Signe , sea t~ nd de '~~ered in tl~e resence of : ~
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S e hen E. Spin ler
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- . ..~-/•.'C~-~-~1..~-~,.-. ...~~~..~-~r--
Laura J. Hill ~ ~
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~ STATE OF FLORiDA, ~
~ COUNTY OF ST. LUCIE
I HER~BY CBRTIFY ehat on t!?is dsr~ betwe me~ an
f
~ ot(icer duiy authorized in the Stat~ aforcuid and in the County a(oresaid to tak~ acknowkdRments, penonallr appeued
Stephen E. Spindler and Laura J. Hill
to me known to br the penor~g d~tcribed in and who execu(ed the fon~oin~ inatrument and they i~kn°wkdsed
be(orc m.e that they ~xecuted the ume.
WITNESS my hand and o([icial seal in the County and Stat~ last a(oresaid this 15th dar of
January A. D. 19 90. ~
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~ pFFIC1Al SEAL
I f' ~~~~5 RUSS G BAYLOR
= Notary pubbc Stats oi Fbrbs
. i ~ f ~r ~~omm~ss+o~+ E~D~~
JlJNE2t. t~90
BOOK ~~`t PACf ~~~U
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