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HomeMy WebLinkAbout1698 and sl~a~I perJorm, comply u~ilh ar~d a6ide by each nnd eoery the agreements, stipulateons, conditions and conenanfs thereo(. and o( Ihis morlf~aqe. Il~pn lhis mortga~e and the estate hereby created, s1~all cease, de- fermine an~ I,e null ~n~ noi~~. 71n~ 1~~P morfga~o~ ~~en~f~y (u~the~ coi~enanfs anc~ agrees to pay prompl~y when clue ttie principa~ nnd interes! an~ ot~~e~ sums o( money proni~~ec~ Jor in sai~ nole ancl thta mo~tgage, or eif~er, to pay a~~ nnt~ stngular the ta.res. ass~ssmenfs, levies, li~6ililies, o6ligations, and encumbrances o~ every nalure on saicl pro- pe~ty: to permil. cummif or suf~~r no wasle, impairmenf or deteriornfion o~ sai~ land or fhe improvemenft ItiPre~~n at A/1y IIIIIP: 10 ~PPP I~IP huildinns nou? or he?pafter on said land (ully insured in a sum oj not less r1~aR unpaid principal balance due on this mortgage in a compariy or comp~nies QCCPN~A6IF lo the mortgapee, 11~e policy or po~icies !0 6e held by, n??d Paya6l~ to, suid mortgagee, and in IhP PVPlIi any sum of mori~y 6ecomes paya6le 6y virfue oj such insurance the mortgaflee stiall ha~~e the riflht to ?eceii~e and apply the same to ihe intlebtedness hereby securet~, accounting fo f{~e morfganor ~or any surplus: fo pay a~~ costs, cha?ges, and expenses, including luwyer's jees and lit~e search~s, rpasonahly incurred o~ paicl 6y !he mortgas~ee 6ecause oj the )ailure oj tl~e mortgagor to promptly and ~ully comply u~ith the at~reements, sfipu~afions, rn~c~ilions an~ covenanfs oJ saic~ note anc~ ftiis morfgage. o~ eil~~e~; to parlorm, comply witl~ ancl abirle 6y each and ee~ery the agreemenfs, sfipu~atioru, conditions nnd COUPfIqIIiS set Jorlh in said note and fhis morlgage or either. In the Pvent Ihe mortgagor /ails to pay when c~ue any tax, assessm~nt, insurancp premium or of{~pr sum o/ money paya6le 6y virtue of saitl nole and tl~is morf~age, or eif~~er, Ihe morfgagee may pay ff~e same, wit~ouf u~ai~ing or af f ecfing the option to Jorec~ose or any o1F~er rigl~t hPrpun~er, antl a~l such pnyments sF~all I~enr interest ~rom date thereof at the highest law- ~uI rate Il~en allou~ed by ilie lau~s of the Sfafe o~ Florida. ~L any sum o( money herein re~errec~ lo be not prompf~y paid within 30 dnys next a~te~ the same becom~s due, or i~ eac{~ and ~uery 11?e agreemenls, stipulafions. condilions and covenanfs o( said note and tl~is morlga_rye, or either, are nol ~ully per(ormpd, complied wil6 and a6~ded 6y. 11~en the entire sum menlioned in said nole, and t{~is morlgage, or the entire balnnce unpaid tl~ereon, sl~al~ ~orll~wilk o~ thereaj~er, at t1~~ option o) fF~e mortgagee. 6ecome and 6e ~lue nnd paya6le, anything in said note or he~ein fo ttie confrary nolu~ifhstancling. Failure 6y II~e mortgagee to exercise any o~ fhe rig~ls or options herein provi~ed shall not constitute a u~aii~pr o~ any rights or oplions under saicr nofe or lhis morfgage nccrued or t{~erea~ler aci•ruin~. ~n ~itness ~hereof~ t{ie said mortgagor has {~ereunto signecl and seale~ Ihese presenis tl~e ~ay an~ ye~r jirsf a~ove « •riNen. $ig , s ecI ancl cleli~~ere~ in t~e p~esencp oJ: ' ..----C~ . - ~ ~i~ T"' ~ n R. ha~~ler ~ ~ - - - ------ot-Yiy.~~R:~. Wa~ll;~r ~ ~ --p~~~~ ~ - ~ STATE OF FLORIOA~ ~ coc.~:v~rv ~F St. Lucie ~ ~ I HEREBY CERTIFY that on this day. befon me. an o[ficer duly authorized in the Stat~ aforcu:~ and in the County aforcsaid to tak~ acknowledgments~ penonally appeared John R. Waller and Dorothy R. Waller, his wife 3 to mc known to b~ thc {xnonB dexribed in and who t:ecuted the fongoing instrument and~l@I/ acknowledaed ~ beforc me that th@y ~aecuted the same. ~ WI7'NESS my hand and of(icial seal in thc County and Statc last aforesaid this l day o[ December A. D. 19 69. ~ ~ RECORDED i~ ~ f ILE~ AN~ FLA. ' TY' Nota Publ tate of Florida . 7. LUC~E COUN~FtE~ ~Y ~ , V J J.~ ' S ~~r ~ H s c0186$~Z At Large _ ' J ~-,~l ; ~ G = . O~~ ~ Q QM •~y My Commiss ion Expires 7 p0.~ ~ ~~11~; ~.Z.";i,': ; . ~ .y r`~;• /y".-_~`~Ot~RC.S . ~ ~ • n0~~~t V1Y COUR? % ~it~~?~~~ C~ c_RK CiRC ~ . - ~ s ~ ~ ~ ~ Tlru Irutnime»~ prrpmrd by: ~ ~ Arl~firls BOOK~~~ PAGE~bv~ ~ ' . ~ ' ~ - r._e~ _