HomeMy WebLinkAbout1267 and s)~all j~erjorm, con~/~ly u~ith u?ul abide bi~ eac1~ un~l ec~~r~ tl~e u~r~~emcvUs, stip~~ia?io?u, co?ulitioru and
covenants tl~ereof, anc~ o/ this morr~a~;e, t)~e.n t)~is nu~rt~u~e un~~ N~e estatc hereb~/ created, shall cease, de-
termine and Le nuU arul uvi~l. ,
~ ihe ntort~;atior 1~ereby further ovvenants an~l a;;rees to ~xiy pranj~tl~ ici~en due tlie ~ririci~al arul ~
interest ancl other s~uns of money prouided for in said note a~uJ tl~is r?iart~;age, or eitl~er; to pa~ all and =
singular ihe toxes, assessrnents, le~ies, liaLilities, obli~;atioru, a?ul encyunl~ranccs af c~cry iwh~re on suul ~rop• _
erty; to j~erniit, con~?nit or suBer no icaste, im~wirn~ent or deleriorafion oj said lantl or tlie improvements
thereon at any time; to kcep the ),uildiri~;s noic or i~ercu/~er on sau) lancl faUy e~uurcd in a sum of not less
ihan '
in a comNani~ or com~~anies acceptable to tlie mortga~ee, t)~e polic~/ or J~olicies to be 1~cld by, and j~nyable
to, saui mortga~ee, an~l in tl~e eoent any s~im o/ »IOilel~ I)CC0111CS ~wyaLle l~y vir~uc oj such ii~.surance the.
mortgagee sl~alt have tl~e ri~;l~t b receive and apply N~e same to the indeGted?iess l~ereGy secured, accounting
to t)ie rnortga~;or for any st~rplus; io Jwy all costs, char~es, aiul e.rpenses, incte~din~; laic~er's /ees aiul title
searches, reasonably incurre~~ or ~xiid l~t/ the mort~;a~;ee Gecause of the failure o/ N~e ~nortgagor to promYtly '
and fully compl~~ icith the a~;reements, stipulatior~.s, conditioiu a?ul covenants of saul rate a?u~ tl~is mortgage, ;
or eit?rer; to perforni, comJ~ly icith arul nbide I~ry cacl~ and ecery the u~;reements, stiE~uloiions, ro+~~l~~io?u and ~
covenants set forth in sui[I note aru~ this mort~;u~;e or cithcr. In the euent N~e n~ort~agor fails to pa_y u~hen t
due any tn.r, assessment, insurmice premium or od+er sum o/ money ~wyable by uirtue of saed note anci this '
mortgage, or either, the mort;;ogee ma~/ ~xi~~ Nie same, ~ciehout tcaiuing or aBecting ihe option to foreclose
or an~ otlrer ri~;ht hereunder, arul all sucla ~wyments shal! bear interest from dute thercof at fl~e hi~hest lau~- ~
ful rate tlten alloued b~~ ihe (aics of t1~e State of Floricta.
~L any si~m of money 1~erein refer~ed to Ge not promptly J~aicl icitl~in thirty days next after
ihe smiie becouies due, or if each ancl eoery ~lie agreements, stipulatioiu, coiulitions mul cooenants of said
note and this mortha~;e, or either, are not fullJ performed, compfied iciNi a?ut abicled by, tlieri ihe entire
sum mentio~ied in said note, and il~is niort~age, or tl~e entire bnla~ice un~wul thereon, shal! forth~citl~ or
thereafter, at tl~e option o/ tl?e mortgagee, become and be c~~~e a?ut J~ayal~le, an~hing in saul note or 1~erein
to the contran/ notu~it/istanc/iri~. Failure btJ the mort~;a~;ee to erercise an~/ o/ the riglits or oj~tions l~erein
proualed sliall not cor~seitute a icaiuer of an~ ri~;hts or optioru uncler satd note or tliis mortgage accrued or
thereafter accruing. F
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~n ~~tness ~hereof~ the said mortgu~;or has hereunto si~;ned and sealed these presents tlie ~
day a~ul yenr first al~ove irritten. ~
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Signecl~ sealed and cieliuered in ihe presence of: . ~
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STATE OF F'L.ORiDA, )
CoUNTY OF St. Lucie ~
I fiEREBY CERTiFI' that on this da}, {~cEore me, an
officer dtidy aulM~rized in the State afomwid and in the Count}• aforesaid to take ackrxnvledgments, ~erx~nally appearecl
Donald J. Willems and Joan C. Willems
to me~ kn~~~ru tu IN• thi• ~x•ra~n S il~•u~rilN•il in an~l IN~ ~•~irul~vl tln• fun•t~uine insinnni•nt and they ack~x~~~~lcd~;crl
Ix•fon• ~ni• th:~t they ~•~~Y uti•~1 tlu~ .airn~. .
l1'1"f\F:titi mv h:?nd :?nil ol(i~i:~l x:?1 in thi• Gu~nh :u~~l Stat~• la.t :J~~n•~:tiil thi. j~th day of
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October .a. 72.
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