HomeMy WebLinkAbout2969 an~I shnll per~orn~, comply wilk and abtde 6y eoch und e~~ery t~e agreen~enb. sfipu~attona, condltlont ur~
co~~ennnts the?eo/, and oJ this mo~tgage, the~ thb mo?tgage and tl?e eatate here6y cnnted, il~all csase, de-
lermine and 6e null ar~d iwid.
~ f~s morlgagor hero6y ~urther covenants and agrees to pay promptly u~ktn due the prtnctpal and
interest and otl~er sums o( money provided ~or in said note and fl~lt mo~tgnge, or etthe?; to pay a~~ and
singu~ar Itie taxes, assessments, leuIes. ~iabi~ifies. ob~ignfio~s, and encum6rance! o~ eue?y nafwe on aaid pro-
perty: to permif, rnmmit o~ su~~er no waate, impairmenl or defe?iw~ation oj satd Innd or !he irnprove~nenb
ll~ereon at any Iime; to ~pep ihe 6uildtnga now or hen?aJfer on ~atd land JuIIy tnsured in n aurn o~ not less
than - Three Thausand and- Iio/200 = _ - • _ _ _ _
in a c~ompany or compnnies acc~eptable to tl~e mor t~e poltcp or policiss to 6. held by, ~d ~yn6le
to. aaid moAgagee, and in the event nny,sum oE m ~ya6l~ by virtue o~ such insurance tke
mortgagpe shall ka~~e the right to receive nnd app y the snme to tke inde6~ednesa hereby secured, acrounting
to the mortgngor `or anq surplus; to puy aj~ eosts. c~nrges, and expenses. inc~uding ~awyer s~ees nnc~ ttt~
seare~es, raasonati~y incune~ or paicl by t~e mortgagee becawe of the ~oi~ure o~ fke mortgago~ to prompt~y
nnd ~aUy romPly wifh fhe apreements, afipujations, condifions nnd c~ovenants of said note and l~ii mortgape.
or either; to perform, comply wtth and abide by ench and euery the agreements, stipu~ntio?u, co?u~iiions. and
c~o:~enanls set (orf~ in said note und this mortgage or eit/ier. /n fhe event the mortgagor ~ai~a to pay when
due any tax, assessmant, insurance premium o~ otF~e~ sum o/ n~oney paya6le 6y virtue o/ snid note and thia
mortgage, or either, 1{~e morlgagee may pay the same, without waiving or a~fecting the option to ~wecjose
or any oll~er rig6t I~e?punder, anci all such paymenls shal! bear ~ntFrest (rom date tbe?+eoj at t1~e I~Ighest law-
~u[ mie tl~en allowe~l bv the lau~s o( tl~e State o) Florida.
~l any sum oj money herein re(erred to be not prompt~y pn~ u~il~in 30 , days next af
ter
the same 6rcomes due, or i~ each and every t~e agreeme~ls, stipu~altons, contJitions~nd conenanb oj suid
note and this mortgoge, or either, are not /ully per/ormed, cymplied with nnd ab~d~i 6y, tl~en the entire
sum mentionec~ in soic~ note, and t~is mortgage, or !~e entire balance unpnid thereon, sI~aII fortl~witl~ or
tf~erea~te~, at th~ option oJ the rr~ortgagee. 6~o~g ~d be d~ and ~~6I~, anyt~ing in said note or ~erein
to the conlrary notwtthstanding. Fnilure 6y the mortgagee to exer+cise any of t~e rig~ta or opHont ~erein
proviclccl stia~~ nof conslifutp a u~aiuar oj any rifl~its or options i~nde~ saic~ note or t~iis mortgage nornaed or
f~prnaf t~r nccruing. .
~n ~~LII~ ~1~~`~ f/~e sai~ morfgngor has hereunto signed and sealed thess p~+esenb tl~e
clny anc~ ynar ~i?st aboue u~ritten.
Signed, sealecl and dPlii?ered in the presence oJ:
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' -~'~C~----••--------•-----•--•---•-•---•---•------•- - - •
; _ _ FILED AND RECOR~ED~ ~
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, -----------------------------'S ~LU~CTE' C QUNTY:'FC?5:...__
~ ~~JF" ~~!F ED
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~ '?0 f~6 I1 P~1 :53
~ - 18~~86
~ STATE OF FLORIDA. -ii):~~ :t : l7ETRA5
COUN7Y OF St. Lucie ~ CLERK Cir*CU1T COURT•
I HEREBY CER7IFY that on this day~ bdore me. aa
officer duly authorized in the Stat~ aforcsaid and in the County aEoreuid to tak~ acknowkdqmenb~ penooally appeared
~ Fred A. Watts and Fannie Lee Watts, his wife
~ to me known to br the penon s described in and who executed ehe forrgoin~ instrument and they acknowkdaed
~ beforc me that they ezecuted the ume. ~
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WITNESS my hand and of6cial teal in the County and State t aforesaid this 17th. dar of
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~ February A. D. 19 70.
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~OTUty ?98UC. =TATE OF FLOi1pA AT LAP~
_ - . AAY COMMISSION EXPiREc Nnv 12. 1971
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