HomeMy WebLinkAbout0810 nncl shnll ~u~r/orm. COill~)II~ ~cith ~uu! aLi~lc 1,~~ ca~•1~ uu~f rc~•r~ N~c u~rrr??iculs, s1i~~alatio?is. cuuililioru anrl
coce?iants N~ereoJ, and oj lliis rnart~;~~~;e, tl~en d?u ~nurt~u;;e ~rnd 11~r. esfut~~ I~rrE•hy rre~Ued, shul! cease, t1e-
terniine und l,e nul! o~ul uoid. ~
~ the mort~a~or hereby (urtl~er couenants u~ul ugrc~cs to Jxry ~,rom~,tty cuhen due Nre prtrrcFJwJ a~uI ~
interest and other sums o/ n~oncy prouklecl /ar in said rwte ara! lhir r~eort~;age, or cit)ier; to jxiy oll arul
sin~ular the taxes, assess~itcnls, levi~.~, liaLiGtics, oLli~;utiu~u, Qli[J C!)(YI117IIIGtICCS pf COCI'ff iwtare o~i suu/ p?op-
erty; to pennit, co»iinit or sueer no uuste, imjxtirnient o? deteriorc~~ion o/ said lcuid or the i?nprovensents
tl~ereon at ani~ time; to keeJ~ t1~e buildin~;s now or hercu/ter on said land fully iiuured in a sum of not less
thun TEN THOUSAND FOUR HUNDRED AND NO/100------------------------
in a compony or com~~nnies accepta6le to the »iort~;a~;ee, tlie policy or Jx~[icies to be held by, qrul ~xu~able
io, snecl martgagee, nnd in the euent any sYUr~ o/ moru~~~ I,ecomes Jxiyable Gy oirtue of s~~ch insurance the
mortgabee shall have the ri~ht to receiue m~d appl~~ t1~e same to tl?e incleLtedness l~ereLy secured, accounte?ib
to tl~e n~ortga~or for any st~rplt~.s; to ~wy ult costs, chur~es, a?ul ex~~e?~.ses, includi~i~ taecyer's fees and title
seare~~es, ~easonaLl~ incurre~l or pairl by die niort~;a~;ee becat~se o~ tlie failure of the mortga~;or to promptly
a?ul full~ co»~p~y ec•ith tlre oRreements, sti~n.latia~.s, cnn~litio~u n?u! cocenunts of saui note arut this mort~age,
or either; lo ~~er/onn, comply uiNi uru! nbule by euch aud ecery ihe u~;reenients, stip~~lations, corulitio~~,s and
covertnnts set forth in said nvte arul this n~ort~;u~;e or eiN~er. In tlie eocnt the mortga~;or fnils to ~xty u/~en
due any tax, nssessment, insurance premium or other sum of money ~xi~a~le by virtue of saul nole and t/eis
mortga~e, or either, tl~e mortgagce may pay the same, ~~~it1~o~~t uaiui?s~; or aBecting the option to foreclose
or any other ri~;ht liereunder, anc! n!l such ~xiyments s1~aU bear interest from date Niereof at ihe hi~liest laa~-
ful rate then allou:ed by the laws of the State of Florida.
an~ sum of n~oney l~erein re%rred to l~e not prom~~tly ~~au! iciN~in 3Q duys next aftet
~ tlie same becomes due, or if encl~ ancl eoen~ the agreen~ents, sti~~ula~ions, corulftions aral conenants of snfd
note and t/~is mortha~;e, or eiN~er, are not fullrJ J~erformed, complied :citli a,ul aGided by, then the entire
st~m nrentioned ire said riote, arul this mort~age, or d~e entire lialuncc un~wut thereon,. shall forthu;idz or
therea~ter, at Nie optiai o/ iGe mortgagee, l~ecome anc! be due atul Jw~~Qble, an~tbing in saul note or herein
to the contran~ nottcitlis~tu~uting. Fai?ure I~J the mort~u~;ee to exercise any of the rights or options herein
proueded shall not cons~etute a icniver of any ri~hts or optio~~s under saut note or this mortgage accn~ed or
thereafter accruing.
~n ~itness ~h~reof~ tl~e said mort~atior has 1~ereunto s~~;ned and sealed these presents the
day and' ~ear first abooe icritten.
Signed, sealed vn~l deliuered in Nie presence.of:
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STATE OF FLORIDA, ~ ,
CovN"IY oN St. Lucie
I HEREBY CERTIFY that on this da~~, brfore me, an
officer duly aetM>rizcd in the State afonwaid and in the County aforesaid to take arknowledgment~, prrx~nally appcarecl
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Ray R. Wetmore and Julia O. Wetmore, his wife ?
tn nie• kiN~~~n tu Iw• ihe• ~x•rw~nS d~~a~ri{w~~l in :?n~l ~~IN~ ~•~~ruh•~1 thi~ fnrc~uini inctnurk•nt au~l they acktw~~•led~eYl ~
Ix•fum usc thut they i•~~Y•ut~~il Ilu• >ain~•.
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~\'ll~\I:Sti n~y h:~nd :utd offiii:d u~:?) in Wi• Cuunt) aud titati• 1:?,l :J~~n• ~thi~ Z~t~l. ~I1y °f =
June ~a.
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! N07ARY F'JSLtr 3TATE OF FLOR~l1A nT l ARCE ,
MY CU......~~.:~.i++ ~...4':..~S I~iU'v. 12. I9`75 a
' . ~L(YL~~AL II~J~/KA~~C.t UfrUL~SWI~~IGKy~ *
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