HomeMy WebLinkAbout1272 ~,~id sh~t! p~?jorm, comply wilh und a6ide 6y eac~ and every tl~e agree~s•~ts, sttpulnt~au, c~atditio~ut ond
c~oaenants fhereo{, and o( fhis morfgage, l~ien lhts mwfgaye. and fhe safafe hsnliy ~ata~a~. s~a~~ oras~. d~-
fe?mine and be nu~~ ant~ vo~cr.
ihe mortgogor hen+6y jurther covenants ond ag~en to puy p?omplly wlten dtt~ tAs prJnNpal ar~d
inferes! and of~er sums of money prooidec~ jor in saic~ nole and thts moHgage. ar ett~er; fo ~°wy a~~ and
singulur the faces, assessments, levies. liabililtc•s, obl~galtons. aad encwnbronces oE ave~r nalun on said pro-
periy; to permif, rnmmit ar su~~er no waste, impQi~men! or deferior~afion of said ~and or Ihe improveme~b
~her~eon al ar~y time; t:~ keep ~he buildin~s_now or herecjter on said land )~:lly tnsured iR a sum oJ not lesa
ihan EIGHIEFN THOUSAND S~ 00/100 DOLI~ARS
in a compuny or companies accepf~6le to the mortgagee, the policy or policiei to 6e held 6y, and paynble
to, saic~ morfgagee, ane~ in f~e ei~e~t any sum o/ money 6ecomea ~y~,6[~ 6y nirtue of suc~i inauronce l~ie
~ morfgagee shalt ha~~ ihe ritiht to ~eceive and apply tl~e same to !he irtc{e~fedness I?ereby secured, ac, ounting
to Ihe mortgugo~ f
o~ any swp~us: lo pay a~~ costs, charpes, aad e~rpensrs, inclredtrtg lau~yer s f
eea and ttt~e "
searc/~es. reasona6ly inc•ur?~?cl o~ paid 6y ihe mortgagee because ol fhe Jai~ure o~ fhe rnorfgagor to pmmptl~r
ancl (utly comply witl~ fhe ag?eements, stipulations, c~nnditiores and c~ouenants oj sai~ nofe ancl i~is ~nortgage.
or eilher; to perform, compjy wifh anc~ abide by aRd every t{~e agreements. stipulations, c~ondifions and
covenanfs set forth in saic~ nofe and fkis morQgage or eittier. ~n ttie event ttie mortgogor lails to pay w~en
diee any twr, assessment. insurance premium or other sum oj money pnya6[e 6y ~irfue o( snid note cued thts
mortgage, or either, Itie mo?fgagee may pay f~e same, wittiout wai~ing or aJ~ecttng the optton fo ~orRC~ose
or any oll~e~ rlght hereunder, and alI such pnyments ahnll becv i~.terest jrom date tl~ereo~ at the 6igheat Iaw-
~ul rate t6en allowed by the lau~s o~ Ihe State of Florida.
~l any sum o( mo~~ey I~erein ?e(e?red to be not prompt~y paicj wif~in thiTty days next a~Ier
il~e same becom~s due, or iF earh and every the agreements, stipulations, condilions und covenants o/ said
note a~d f1~is mortgage, or eil6er, are not jully pe?jormed, oomplterl wit6 and ab~ded by, then t1~e enlire
sum mentioned. in suid nole, and this morlgage, or tb e entire bolanoe unpnid t/~eneon, s6aII (orthwith or
t~ierenJter, at f~e opfion o~ f~a mortgagee, become and be due and payab~a, anyehing iR said note or heretn
fo the confrarq notwit/~standing. Fai~ure 6y the mortgagee to exencise any of the rig~els or options ~erein
provi~ed s~all not conslifutP a w4iver o~ any rights or options uncler said nole or f~is mortgage accrued or
fhereaft~r accruinQ.
~n ~itness ~herenf~ fhe saitj rnorf,qa,qor ~ens I~eneunfo signecl anc~ sealetl fl~ese presenls the
~Qy aqc~ year ~irst aFwne inriflen. ,
Si sea~ ane~ cre(i ed in Ihe presence o~:
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STATE OF FLQRIDA~ ~
GOL'NTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before me~ aa
officer duly authorizrd in th~ State aforesaid and in the County a[oresaid to wt~ acknowledgments, peisomlly appeared
LESTER V. WIiIDDON and MADELINE HALL WHIDDON, his Wife
to me knoNn to be th~ persoz6 dexribed in and w~ho executed the forcgoing instrummt and they acknowkdged
beforc me that they ~x~cuted the sanx.
N'IT\ESS my hand and official scal in the Couutp and Statc last atoresaid this 29t~ day oE
Hovember A• D• 19 66
.
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t' P. t;. ST AF~D REC
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- No`.my P~bGc. Stata of Horidi at luqs
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-L--~G :4, - . '~0 NOV 29 ~",.`M:':
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BOOK 1utJ PAGE 7~
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