HomeMy WebLinkAbout1695 and shall perJorm, comply with and abide by eacl~ and ei~ery tF.e agreements, stipulations, condltions and
co~~enanis there~oJ, and oJ tl~is morffla~e, II~Pn tf~is mortga~e and Ihp estate here6y crPated, shall cpase, de-
Iprmine and 6~~ null and ~wid.
Tin~ thp morfgano~ ~~er~~by lurthe~ couenanls and agrees to pay promplly when due the principa~ and
interns! and otlier sums money provi~e~ jor i~ said nole and tl~is mo~tgage, o~ eilher: to pay al~ nnd
singular the taxes, assessmenls, IPI~IPS, lia6ililies, o6li~afions, and encum6mnces o~ euery nature on snitl pro-
perly; fo permif, commit or sujJer no wasl~, impairment or c~eteriomfion of said ~ond or ftie improvemenls
Il~nrecn at any time; 1o kPpn ~hp 6uildin~s nou~ or Re?Pafl~r on ~aid land /ully insuircl in a sum of not less
~han unpaid principal balance due on thia mortgage.
in a company or c-ompanies QCCP~I(1~~P fo t~e morlgngee, f{~e po~icy o~ po~icies io ~e ~e~ by, and payable
to, sai~ morlga~ee, an~ in I~P @VPAI any sum o~ money becomes paya6le by virtue of such insu?ance t{~e
morlgagee shall hai~e tlee ri~ht to re~ceive ar~d apply the same to tl~e inde6ted?ie~s hereby securecl, accounting
to t{~e morfga~or (or any surp~us; to pay p~~ costs, cha?ges, and expenses, including ~awyer's ~ees anc~ fit~e
searrhes, reasona6ly incurre~ or pai~ by f~e mortgagee because of the fni~ure o~ the morfgagor to prompf~y
and jully comply u~itti ftie aflreemenfs, slipu~ations, condilions and c~ovenants oJ snic~ nole an~ I~is mortgage.
or eiiher: to per(o~m, comply witl~ and a6iae 6y eacti and every If~e agreemenfs, stipu~nfions, conclifions and ~
covenants sef fori~i in saitJ note and this ?norfgage or eiltier. ~n ttie event the morfgagor ~ni~s !o pay when
due any tax, assessment, insurance premium or other sum of money paya6le by vi~lue o~ snid nole and this
mortgage, or eil~ier, t{~e mortgagee may pay ftie same. u~ifhouf waiving or a~~ecting the oplion fo ~oreclose
or any otl~er ri~l~t I~erpun~er, ancl aII sucl~ paymenfs sl~ull 6ear interest from aate fl~ereo) at tF~e higl~est ~aw-
~u~ rale 1{~en allou?ed by Ihe lau~s o) t{~e $tate o~ F~orida.
D~ any sum of mo~~~y herein re(errec~ !o be not prompt~y paicj u~ithin 3Q days neYf afte~
ihe same bpcomes due, or i( each anc~ every II~e agreements, stipulalions, conditions and couenanls o( saici
note and this mortga~e, or either, are not /ully per/ormed, complied with and ab~ded 6y, then the entire
sum menlioned in said note, nnd tF~is mortpage, or the entire 6alance unpnid tl~ereon, sl?all /ortl?with or
tl~ereafter, at the option oj the mortgagee, becomp and 6e due and papa6le, anything in said note or he?ein
to the confrary nofu~if~~slanc~ing. Fai~ure hy f~e mortgagee to exercise any oj t~ee rig~fs o~ options herein
proviclecl stia~~ no! consfitutP a wainer o( any rig~fs or opfions under saic~ note or t~is morfgage nccrued or
lhereajler accruinq. '
~n ~itness ~hereof~ t~~e saic~ morfgagor has {~ereunfo signe~ an~ sea~e~ Ihese presents the
day anr~ year Jirst abore u+riHen.
Sig , s tI ancl ~eli~~erecl in f{~e presence oJ:
' ..~._~~_~.C^~~-......"' ' ' •
1~. W ler
_ - - - - - -
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Dorothy . Waller
~
STATE OF FLORIDA, ~ •
COUNTY nF St. Lucie
I HEREBY CERTIFY that on this day. before me, an
officer duly authoriud in the State aforesaid and in the County aforesaid to take acknowledgments~ personally appeared
John R. Waller and Dorothy R. Waller, his wife
to me known to be the penor?g described in and who executed the foregoinq instrument and they acknowledged
before me that ~'1@y exccuted the sama
~ ~ti I1'NESS my hand and of(icial seal i~ thc Cou~ty and State last aforesaid this ~ day o[
December A. D. 19 69.
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