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HomeMy WebLinkAbout1485 and sholl pe?(orm. ~-omply with a?id a6ide 6y e~uch ond ei~ery tl~e agreements, sHpulatloni, condttions and ~-arenants th~?eo(, and oj thia mort~a~e. Ihen lhis mortgage and fl~s estots he?aby c?eoted, af~all crase, de- 1p?mine and be nuU an~l void. ~LII~ fhp morfga~or hen~6y ~wther covenanls ancl agrees !o pay promplly u~hen due tl~s prtnctpal and inle?ral and ofher suma of money provi~ecr )or tn saic~ ~ofe and ftita morfguge, or eif~er; to pay u~~ ond ~ingu~ar Itie laxes, ass~ssmenls, ~evies. ~iabi~iiies, oh~ignlions, and encumb?ances o~ every nature on saId pro- perty; to permil. ~-ommif o~ su(Jer no u~aste, impainnenf or delertoralton o~ satd land or the improveme~ts IhPrw•n al any lime: to ~PP~/ (IIP hui~~ings nou~ or here~~ter on said land jully irtsure~I in n sum o~ not ~est than the aggregate unpaid balance t'ram time to time awing in a company or ~-ompnnips accepfnGle 1o fhe mortga~ee. 1he poltcy o~ policies to 6e hetd 6y, a~~d ~ya6l~ to, said morl~nger, and in tl~e e~~ent any sum o( money 6ecomps paya6le 6y virtue o/ such insurance the morfga~Np shatl ha~~p thp right 1o MCPIUB. aR~ apply Ihe samA to tl~e inde6ledness here6y secured, accounting fo thp mort~a{~or (or any su~p~~is: to pay a~~ cosfs, ctiarges, and eacpenses, inc~i~ing ~au?yer i~ees and lit~e searc{~es. r~asona6ly inci~rn~c~ or pai~ 6y ftie morfganee ~?ecause o~ the ~ai~ure o~ t~e morfgngor lo prompl~7? and /~:l~y rnmply u~ilh ttie apreemenfs, sfipu~olions, con~ifions anc~ coa~ena~fs o( saic~ note an~ i{~is mo?tgage. ~I or ei~~:-, to pe~(orm, comply u~ith and a6ide 6y each and every 1he ugreements, stipulnlions, rnnditions and coe~~-r~a~ts set j..~rfh in said note and fhis mo~tgage or eiitier. ~n the event !he morlgagor fai~s fo pay w~en due ar~; ia.r, assessment, insuran~p premium or othPr sum of money paya6le 6y virtue of said note and tl~is mort{~age, or eif~~er, fhe morfga~pe may pny the snme, wit~ouf waiving or a~~ecting ttie option to lorec~ose or any ofl~er ri~F~f I~erP~~n~Ier, and a11 such payments shall 6ear interpst ~rom date thereof at 16e hFgltest ~uw- rafe Ihen Q~~OU?M~ ~V ~~IP ~AII~S O~ ~~P ~~Q~P 0/ F~Ori~O. )L any sum o~ mon~y {ierein re~PKP~ IO ~e not prompf~y paid wit~in th1Y'~! dny: next a~fer thp same bPCOmPS duA, or i~ eac{~ and PI~Pfy I~P agreements, sfipulntions. conclition~ and couenanfs o~ saitl nofe and thes mvrtgay~, or pither, a?e not ~ully performed, comp~iecl witl~ and a6~ded 6y, t1~en the entire sum mentionec~ in said note, and this morlgage, or tF~e entire ba~nnce unpaicl tl~er+eon, shn~~ fo?t6u~ilh or Il~ereaJte~. at JI~~ option o~ the morlgageP. 6ecome and be due and papa6le, anyll~ing in snicr note or F~erein to !he confrary nol~vithslantling. Failurp hy fha morfgagep to exercise any of t~e rigtifs or opttons herein provicre~ s{~a~~ nol constifufP a u~ain~r o~ any ?ights or oplions unc~er snie~ ROIP or t~is morfgage acerued or I/IP~Pa~~P~ accruing. - ~n ~itness ~hereof~ Il~e said mortgngor has hP/PU11I0 S191IP~ and sealed these presenls the ~ay an~ year int ahon~ ~nriifen. ~ • Sig an~ de nered ~n Ihr pr~sPnce o): - ~ ~ ~ c ~ C-?_ - - -fi. ----------~'-G~-~. - Willism 0. Wri~t,r r . , _ _ . . . . . . . _ . ._w. i ~ . ~ _ ~ ~ - ~ Patricia T . Wrig ~ - ~ - - - - ~ - - - - - i ~ ~ - - - _ - . - - - - - - - ~ ~ ~ ~ STATE OF FLnRIDA, i ~ COU~TY (~F St. Lucie ` ~ I HEREBY CERTIFY that on this day. before me~ an ~ oflicer dulq authorizcd in the Stat~ atoresaid and in th~ County aforesaid to tak~ acknowledgments, {xnonally appearcd ~ William 0. Wright, Jr. and Patricia T. Wright, his Wife ~ to mc known to br the pcrson s d~s!~ribed in and who ez~cuted the for~qoinq instrument and the~r acktwwkd8ed ~ befor~ me that the ~xccuted the same. _ y t~..,~~~.,..,. ~ ~~'17:\ESS my hand and ~fficial seal in thc County and Statc last aforesaid this ~~+,~~r_'_`,'!. ~~~~d~y d ~ ~CtO~lr A- D- 19 73• . . ° . i ~ = r._ ~ • ~ ; ~ - : i'`7. : , . . ' ~ . _ t - - ~ S. . ! ~ Notary Public, State of b"rid~ at ~e Nct+rp h~t'K;.'9tiM.4~,~ ;i~1Mie ~ l~jyr Co~ission E~cpires M~r Cwna:issiw?,Exiiihs M~i:14,11li M~dd ~r A~~c~i /w i C~.~+wr G. i , ~3 ~ ~ f ~p At1~1 L ~ g~,~uc?t CO ROCL ~ pOfTlU~ - RECORD Vf kIF1E~ C~t ~ ~j 9 g sa A!'?'~3 ~ ~ Tl»s t, ~y nu~rc,r~ ~,rpa?r~! ~ t.~ss. Y~ m. ~ 265491 ~ ;:a ~,~~~~-ss Auptpry at law so~ 219 P~E1484 ~ a~B ~o, 2oa ~ ~r. n~, w~ - _ - . , : ~ _ _ _ . _ . ~ ~.,r _ _ _ . - _ ~ e_