HomeMy WebLinkAbout1629 an~ s~ia~~ perjo~m, c,omp~y with ane~ abi~e by ~h and ei~ery fhe agreements, stlpu~alioni, conditions and
conenants thereoJ, nnd oJ this morfgape. Il~en I?~ts mwtgage and !he estate here6y c~rated, sholl cewe, de-
fermine an~ ~?e nu« an~ iroi~.
9 41 Y~urlhe~ covenants and ag?ees to pay promplly when clue the princlpnl and ~
7111d thp morf a o~ hen~6 ~
inleres! anc~ off~pr sums o` money proviclecl ~or In saic~ nole and I~tt mortgage, or etftier: fo pay a~~ and '
ain~u~ar !he faxes, assessmenfs, Ievtes, ~iabi~ifies, o6~igaflons, anc~ encumbmnces o~ every nature on said pro- ~
i
pe~ty; fo pe~mil, commit o~ suljer no u~asfe, impairment o~ cleferiorafion o( said land or ftie improvemertts
tl~erecn at any lime; to ~Pep Ihe 6ulldin~s ROW O~ hP1'P~ft~r on said land /ully insured in a sum oj not [ess ~
~han highest insurable amount ~
in a company or compantes accepta6le to fhe mo~tgagee, the policy or policies to be held by, and paya6le
iu, saiu rnurf{~a,yr~, a?~~f in ine eve~~i ur~y sum uj mune~y ureumrs puyuuie? uy viriue oj surn iiwurunce iii8
mortpapee Shal[ ha~~e Ihe riflht lo receive and apply the same to i1~e indebtedness l~ereby secured, accounfing
fo the morlga~or (or any surp~us: to pay u~~ cosfs, charges, ancl expenses, inc~uaing ~awyer s fees and lif~e
sea?ches, rc~asonab~y incurre~ or paic~ hy the morfgagee becnuse o~ the joi~wr o~ f~e morfgagor lo prompt~y 3
anc~ lu~~y comp~y u~il~ fhe agreements, stipu~alions, conditions and covenants oJ soid note and tl~is mortgage. ~
or eif~~e~; to per(orm, comply wtth and a6ide by enc{~ and every fhe agreements, stipu~ntions, conc,itiorw ane~
covenanfs set (ortF~ in said note and lhis mortga9e or eitl~er. /n tl~e event ihe mortgagor /nils to pay when
c~ue any tax, assessment, ins~irance premium or olher sum o~ money payab~e 6~ ~irfue o~ said nole and f{~is ~
mortgnge, or eit{~er, 1{~e morfgagee may pay the same, wiihouf u~niuing or a~jecfing !he option fo (orec~ose 1
or any other ric~{~t I~erPUncler, an~ all such payments shall 6ear inlerest from date Ihereo( at Ihe 1~ighest law- ~
(u~ rnte Il~en allotved by t{~e Iairs of I?~e $tale o~ F~orida. ;
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any sum o~ mon~y ~erei?i re~errerl lo he not prompt~y pait~ wif~in thirty d~ys next aJle~
lFee same 6ecornrs dii~, or i/ eac{~ and ~nery lFee agrec+rreents. slepulations, condetions nnd covenants o~ saitl F
note and Ihis morlpac~e, or eilF~er, are not /ul[y perjormed, complied witk and a6~ded 6y, then fl~e entire '
sum mentioned in said note, nncl fhis mortgage, or the entire bdlance unpaid tltereon, shall ~orthwilh or ~
fl~ereafter, at tl~e opfion of the mortgagee, 6ecome and 6e crue and paya6le, anyt6ing in said note or I~erein ~
fo 16e contrary nolu~iihslancling. Failure by ihe morfgagee to exercise any of fhe rig~ts or opfioru ~erein ~
provi~e~ s~a~~ not conslifufp a wainpr o~ any riq{~ts or opfions un~er saic~ nofp or t~is mortgage accrued or ;
thereaft~r accruing. _
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~ t{~e saic~ mortgngor {~ns hernunto sic~ne~ ancr seale~ these presenfs Itie 3
~n ~itness ~hereof ~
~ay are~ year ~int ahone ~rritlen. i
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~ STATE OF FLORIDA, ~
~ cou~TY ~F ST. LUCIE .
I HEREBY CERTIFY that on this day, be[ore me~ an
~ officer dul}• authorized in the Statc ator~said and in the County a(oresaid to Wk~ acknowledgments, personally appearcd
JACK M. WAINWRIGHT and LOIS M. WAINWRIGHT, his wife,
~ to me known to be the person S d~scribed in and who ezecut~d the foregoinq instrument and theY acknowkdged
befor~ me that they cxccuted the same.
~ ~.,L
~ ~~ll'\ESS my hand and official seal in the County and Statc last aforesaid this 1 9""' day o[
~
~ January a- D• 19 73
24ssso
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.t c~aCED ?a~~a.±c.~o,.~..__i~_.... _.._.sk?n!~..0~---
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ST wC : iL~7r flA
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C , ~t E~K T ~OL'RT
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~ Z _ Notiry PuEi;t. State ot Rorida at larqe
~ - r.' ~^'r, ~ 3~ 2 s s P M ~ 7 3 ~y Con ::issi.~ Ez~ires Sept. 16. 1915
: ~ / r } ` \j ~ ~ k~l~E A..erKan Fa~ i Gsua'tti Co~
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~ 1%is I~can~m~„~ prr~nrcrl by: 0 R
s T i~ I.lSt~U•r. , . . ~ 80UK~~o p is~~
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