HomeMy WebLinkAbout2503 and shall per~orm, ~~omply wilh and ~b~de 6y encl~ a~~1 eve?y the agreemenls, alipulations, rnnditioru and
cu~~enants the?eo(, and oJ If~is ~nortf~~f~e, ihen t{~is mortpage and the estale 1~ereby crnatec~, ahaU cease, d~-
fermine ancl I~p nu~~ nntj t~oi~.
Tin~ ttia murfga~o~ ~~erntiy ~urt{~ar rnuenanfs anc~ ngrees to pay prompfly when clue 1he principal a~d
interesl anc~ ol~ier sums ol mon~y pro~~ided jo~ in saic~ ROIP anc~ f~is morlgage, or either: to pay al~ and
sinflular 1/~e tn.res, assessments, levies, Iiabililies, obli~ations, c~nd enccimbronces o~ ec~ery nalure on saicl pro-
perfy; lo permit. commif or su~(er no wastP, impairmenf or deterioralion o~ said ~and or fhe impro~emenfs
~~PIE'Cl! p~ Q/ly ~III1P; ~O ~PPP ~~P hllflt~tllg3 ROW Ot APrPQ'~Pl Ol~ soid land /U~~y IIIS~ l11 Q SUIIt OI ~10~ ~l~S~
fhan
iri a compaiey or rompanies occepfa~~e fo i~e mortgnflee, 1{~e po~icy o~ po~tciea !o ~?e held 6y, nnd pnya6le
• fo, sai~ morff~ngee, an~ in i~~p evenf any surri oj mon~y ~ecomes paya6le by virtue o~ such i?uurnnce Ihe
morfflagee s1~QII haue 1{~e ri9ht to re~ceii~e und apply 1F~e same to the inde6tedness I~ere6y secured, aceounting
fo i~~e moriga{~or jor any surplus; to pay a~~ cosls, c~arges, anc~ expenses. inc~u~ing ~awyer~s ~ees and lit~e
searches, reasonnb~y ince~rre~ or ~~d 6y thp mo~IgaAee 6ecause oj t~e jai~ure o~ f~e mortgago~ to prompfjr
ancr fully comply u~ifFt fhe aflreements, sfipu~alions, oonclilions nncl covenanb o( said nofe anr~ l~is n~eorlgage,
or eit/~e~; lo ppr(orm, comply u~ith ond abide 6y each and e~ery ~l~e agreemenfa, slipu~alions, conc~ifions ane~
covenants set ~ortl? in said note ancj this mortgage or eitlter. 1n !?ee event f6e mortgago~ )ai~.s to pay w?~en
due any ta.r, assessment, insurance prPmiurn or ol~pr sum o/ money pnya6le 6y virlue oj said nole and this
mortgage, or eit~~er, fhp rr~orlgage~e mey pay !he same, iuif{~~ut wnii~ing or nJf
ecling the option to lorec~ose
or any ollter ti~Itt {~prPUntler, and all sucl~ pnyments sI~aII 6ear inlerest Jrom dote thereof af the 6igl~est ~aw-
~ul rate then al~o~uecl by tF~e ~aws of Ihr Stale of Florida.
7l aiiy st~rn of mon~y l~erein refPRPd IO be not prompfly paicl witl~in thirty days next after
tl~e snme be~orn~s dup, or i/ ear{~ and Pvery fhe agreemenfs, stipulaiions. conditions and covenants o( said
note and ll~is mortgnge, or either, are not /ully per~ormed, complied will~ ant~ nbic~ed by, t~ten Ilte entire
sum meniioned in saic~ note, and iF~is mortgage, or the entire ba~ance unpaicr tl~ereort, s6al[ jorll~wit?t o~
f~tereajter, af 1{~~ option oj ttie morfgagee, become and 6e due and payn6le, anyt~ing in aaitl note or herein
to t~p contmry notu~ithstanding. Failure 6y thP morlgagee to exercise any oj the rights or options ~erein
pronided ~sha~~ not consliiute a waiver oj any rig~fs or options under saic~ note or [his mortgage accruec~ or
t~erea~fer accruing.
~n ~itness ~hereof~ il~e said mortgagor has ~ereunto signecl nnd sealed lhese presen~s t{~e
c~ay anr~ yenr (irsl nhot~P ii+riflen.
Signe , se e~ and de[iaered in !he pres~nce o(:
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~ STATE OF FLORIDA, 1
I COUNTY OF ST. LUCIE ~
I HEREBY CERTIFY that on thu day, before me, an
officer duly awhorized in the Stat~ aforesaid and in the County a(oreuid to tak~ acknowkdgments~ penonally appeared
DONALD J. WILLEMS and JOAN C. WILLEMS, his wife,
to mc known to be the pcrson gdescribcd in and who executed the for~qoinq instrumcnt and they acknowkdaed
before me that they~x«~e~a the saa?e.
W I7'NESS my hand and otficial seal in thc County and State last aforesaid thu 1,Z day o[
. /
December D. ls 69
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CLrrK ~iF;,L!T COURT
I7,u I~u~ru~,~cni prepa~cd by: BOOR~C71 PAGE~c~V~
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