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HomeMy WebLinkAbout1960 ~ ~n~ sI~aII perform, camply will~ ~~~d abtde br ~uh a~d ei~ery I~et agreemenl~, sflpu~atiorir. condiliona and co~~eno~ts ther~/. a.~d o~ 11+is morl~aue, Ihen Ihis mwtgnge and the estate heM6y c?eated, •hall cease, d~- tprmine an~ bp nul~ a+u~ ~~i~~. ~ the mo~tf/aft~~ 1~proby Ju~lher cove~anb und agrees to pay promptly when due Ihe principal n~d interes! ancl ol~~er s~ems o~ money prout~e~I ~or i~~ salc~ note and I~ts morfgoge, or etf~ie?: to pay d~j antj stnpular Itie fnxPS. assi~cs?ni•~~Is. ~~~~ies, ~ia~~i~ili~s, o6~Ipalions, anc~ encumbrancea oj every nalure on satd pro- pprfy; to permiL cummif or su~f r~ no WGSIP, impai?men! o~ deto~iomtion of said ~and or !he improven~ent~ lhPrrcn ~t any tim~; Io ~~r~~ ~Ire huildinns nou? o~ hPrna(t~~ un ~atd la~~d ~ully insiurd in a sum o/ not leas ~han higheat insurable value---------------------------~-~-~------- in a campany or co~n~~ani~•. ncci•pta~~e fo Ihe morfgaflee, t~e po~tcy or pollciea to be he~ Sy, nnd pn~rable lo, sai~ mo?Igagee. anc~ in t~i~ .~~~en! any su~n o( money becomrs paya6le 6y virhie o~ such tnturancs !tie mort9a~ee sF~uII hone ~f~e ri~l~l to ~~cpii~~ and apply the aame fo 1he indebtedness here6y secured, aceounting to f~e mortganor +or any aurplus: to pay a~~ rosts. ~harpes, and PXnPI13PS, including ~awyers jeea and tit~e searr~~s, rposona~?ly incttrre~~ or ~mid by Ihp mortgagee because oj !{~e ~ai~ure o~ I~e mortgapor to promplly anel lully c~omply u~i11~ ll~e a~~re~~m~nls, stipu~afions, condilions anc~ covenanls oj suid note and Il~is mo?tgage. or erlher; !o pr~jo?m, romp~y u•it~~ and a6id~ 6y each ancl every Ihe agreamenfs, stipu~ations, condifions nnd co~rnanls set fortti in saic~ note and fhts morlgage or eil~er. ?n ttie evenl If~e mortgagor /atl~ to ~y wheR due any tax. ASSt'SSIRPIII, insurance premium or ofl~e~ sum o( money payable by vtMue o( saicj note ared t/~is morfgage, or eil~~er, f~e mo~fga~ee may pay f~e same, wif~oul u~aiving or a~~ecting t~e opfton to ~orec~ose or any ofher rigl~l I~ereurcler, nnd al[ surh payments sl~all benr tnlerest /rom clote thereo/ nt fhe l~ig{~es! law- ~ttl 1'A~P I~PII QIIpIUQ(I tiV IIIP IA11~3 O~ I11P S~Q~P 0/ F~Ot1~A. any sum o( mur~y F~c~rein re~erre~ lo be not promptly paicl wifhfn 30 auyt next af te? t{~e same hecomes c~ue, or iJ eac~i ancr every II~e agreempnts, sfipu~alions, condi~ions anc~ covenanb o~ said note and I?~is mortga~e, or eitf~er, ure not (uUy pe~/o~med, rnmplied wil1~ a?ed a6td~d by, then fhe enti?e sum mentioned in aaid note, and this mortpage, or the entire balance unpaid theneon, skall Jorthmitl~ o? t~ereajter, af I~r oplion o( the morlga{~ep, bec~ome a?~d be due and paya6le. anyt~ing in saic, note w{~erein to I~ie eontrary nolu?ill~stanc~ing. F~ailure ~y fhe inorfgapee to exercise any o( the ~ig~ts or opttona ~erein provic~ec~ shal~ not constilufP a u~ait~~r o~ any rigtits or opfions unc~er saic~ note or I~is mortgnge accrued or t/~ereajf~r acrre~ing. ~n ~~~IlQ~ l~ee~ sai~ morf,qngot hns hprnunfo signec~ ancr spa~et~ f{~ese presents t~e ~ay ancl yeat ~irst Q~('P !!~lIIIPII. S[jJIIPA, SC(l~ and dplin~red 111 ~~p ~)fl'c~'tlCp O~: -•'---•-•'•--•y/~~'~+"'f"~•- . . •-•Vyi~L!L~l~s-.u •.~rlL~.`s':s?i~...-•-•---••••-•--••"'-'-.~ Geraldine Welshans ~ -------~~~~J~~/.z:[.rJV - - - - - - - . - _ - - STATE OF FLORIDA. ~ ' cou:v~[~v oF St. Lucie i 1 HEREBY CERTIFY that on thu day, before me. an 'I officer duly authorizcd in the Stat~ afonsaid and in the County aforesaid to tak~ acknowkdgments, penonally appeared GERALDINE WELSHANS to me known to be the person d~scribed in and who executed the fort~oinq insttument and S~'1@ acknowkdsed ~ betorc me th~l1 S~le executed the same. f q W17'NESS my hand and o((iciai s~al in the County and State last aforesaid this dar of E Mdy A. D. 19 T 2 ~ - . . I . . ~ yR o~;,oa~E~. NO~UBL~ and for State ~ F~~E~ C011Hj'~ FlA and Count aforesaid. Sj.1.V~"-~ ,~S-R1?s ~ y RR~~ _;;,s~~ couAt My Comaaission Expires: E cti~ „ ctE ~,i ~ _ t ? Q=t,~'' . ~ ~1 1.i.i,.~ ~-_:~..~lt^. 1T tJ: ~`:a~~t lacg± . ~~~1~ I,~!~ 49 ~Z ~ ~ ~ . ~!d'~= 23 3 . . M~ . . . ` - ~ : . ,~~,,'•.,,1" . • `y:'~- ?~~56 J ' ~ v _ ~ ~ ~~~.~~J;~ ,s•.s~ . ~ . . . ~ ~ tnstrument rias pteP~ al ?f tl'' ct O. ~ • T/rrs I,urrunrc,rr p,rpa,rd by. Ra~ert M. iloyd ot Add,~s NEfLL GRIFfiN lEffR1ES & LL~ 'fo~ ~ ~ ~00~202 ~1958