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HomeMy WebLinkAbout1094 and shall perform, co»~Yly u;ith auJ aL'ule by cach anr! eucr~ tGe u~r~:c~~~ents, stiputations, conditions and covenants thereof, a»rl of t~tc martguKe, then this mort~;a;;e arui the estate i~ereby created, shall cease. de- iermine and be nuU and voiri. ~ the mortgagor hereby further couenanes a?ui abrees to pny promptiy u.~hen du~ tha principat and intenest and other sums of money prooidecl for in said note und thts mort~age, or either; to pay a11 and s~ngular the taxes, assessments, leuies, liabilities, ot,li~;ations. and eruw?nGrances of ever~ nature on said pro~- e~ty; to permit, commit or su~er no u;aste, im~airnient or deferioratton oj sald land or the improe~emer~ts thereon at any time; to keep the buildings now or herect/ter on said larul fully i?uured ~n a seim of rwt less thun THREE THOUSAND AND NO/100 in a compony or compantes acceptal~ie to the mortga~ee, t)re No1~cy or polecies to be held by, and payable to, satd mortgagee, a?ul fn the euent a~y sum of money ~ecomes payal~le by uirtue of such insurance the mortgagee shal! have the right to receive ond apply the same to the irulebtedness hereby secured, accounting to the mo~tgogar for any sury~lus; to ~ay a!! costs, charges, arkl expenses, including Iawyers fees and title searches, reasonably incurred or paid by the mortgagee because of the faiiure of the martgagor to prompdy and fully comply uith the ugreements, stipulations. eonditions and coverants of said note ond ihis mortgoge. or either; to perform. compty wid~ and abide by each and esery the agreements, stipulatior+s, conditions and ~rN„-~~ r~,~rp ~~I this mortea~e~ Ar eitl~er. In the event the mortgagor fails to pay when due any tax, assessment, insurance premium or other sum of money laayable by utrtue of said note and thu mortgage, or either, the mortgagee may Nay the some, without u;aiving or a$ecting the option to foreclose or any other right hereunder, and aU serch }wyments shaU I~ear i»terest from date thereof at the highest Iaw- ful rate then olloued by tlie laws of the State of Florida. ~e any swm of money herein referred to be not promptly paid icithin 30 days next after the same becomes d~e, or if each anct eoery the agreements, stipulations, conciitions and c~ouenants of said note arul this mortgage, or either, are not fuUy ~er/ormed, complied with and abided by, then the entire sum mentianed in said note, and this mortgage, or the entire balance unpaid thereon, shall for~hwith or thereafter, at the option of the mortgagee, become and be due and payaGle, anything in said note or her+een to the contrary notu;ithstanding. Failure by tf~e mortgagee to exercise any of the rights or optior~s heretn provided shall not constitute a uaioer of any rights or options under saed »ote or this mortgoge aecrued or thereofter aceruing. , ~n ~IL~['[~f ~ the said moriga~or has hereunto signed ancl sealed these presents il~e day and year f rst afios~e icritten. Signed, sealed and delive~ed in the Nresence of: i~ 3ohn l~ ells it ~s ta signa re hn ~ells: M~~'r - - ~ ~ ~ ~ - - - - IrT~n¢ss tn si~ ture Versie N. re 1 ~ - w---------------------------------------------------------- ; ~ ~ ~ ~ STA'I'E OF FLORIDA, ~ COUNTY OF St. Lucie ~ I HEREBY CERTIFY that on this day, before me, att ~ o~cer duly authorized in the State aforesaid and in the County aforesaid m take ackno~leclgments, personally appeared ~ John W. Wells and Versie Wells , his wife to nx~ ktH~~~~n to Ix~ tM~ pc~?n 8 ck~crilxYl in .~nd ~sM~ f•t~~•ut~•d tix• fore~;uiu~ instrunu•nt ;u~d theY ackrx?~~~iedgctl ~ l~efum uie that t~l@jI i•~e~a•~~te~l t1x• ~:u~N~. f ~ \YIT\iEtiti m}• h.i~xl and cifficial ~~:d in thc• G?nnty and tit.~tr la~t afon:v'tid thic 1 1 • day of ~ May v. i~~ 72. l ` ~ w~Li~~Ttd ~ Q/ll.CLi - - - _ . ~ ~1T..~. . ~:J •l{ ~ - - . 9 H« ~~li:... . . ' • . ' S ~/VCi.AI. ~li.~ci~l:.i, . - _ . L..i4~...,.~ •:~3 ~ b, ~ ~ - € ~~~z ! 1"~h,,,~~ra f LEO AND R p pE~ ~ i i 1'? Y•~- ROCf CPO T I~ 1~ I L A. ~f ~ ~ ~ , ' " RE OP.D YFRFFIEp ~O{!Rt ~j f~~~f~``~ ~ . . . . ~ 1~ 1S ~ Oi ~'1Z _ ot ~ aoox~02' ~c~1094 ~ . - .l.,a>rt,<y_$sK. ~