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HomeMy WebLinkAbout0698 ~ . ~ a~id shaU prrJo~m, n~mply u~i1h a~~d a6idp by each ancl ~npry the agreemenls, slipulafion's, rnndiliona n~d i cone~~ants IhPrM~~, nnd oJ Ihis mortc~age, then ti~is mor~c~a~e and fhp estate I~e~p6r ~?~at~. sl~all cease. ds- : tp?mine an~ ~e nu~~ an~ ~~oic~. ' • : ~in~ IhP mart{~a~~or ~~erc~tiy (urltier rnvenanls anc~ ag?ees fo pay promplly when due fhe principal and ~ inlernst and of~~e~ sums o~ money provi~Iecl jor tn said nole and Ihis morfgoge, o~ etlf~er. to pay a~~ and stn~ular the Iaxes, asspssmenls, IPI~IPS, Iia6iliiies, o6li~ations, and encumbrnnces oJ every reature on said pro- perfy; fo permit. commif or suffer no u•aste, impairmenl or c~elerioralion oj saie~ ~anc~ or ftie tmprovementt IIIPMC?1 at any lime; fo ~PPp IIIP tiiii~c~in~s nou~ O~ /IPMQJtrr on said land ~u~~y i~s~u~et~ in a sum o~ ~of ~ess ~ t~~R in a c~ompany or companies acc~pta~~e fo fh~ mortga~ee, the po~icy or po~iciea fo be held by, and paya6[e to, sai~ morfgagpe, an~ in ftie event any sum o( money becomes pnyab~e 6y virlue o~ such insu~nnce !{~e morfflagPe shall hai~e Ihe right io ~eceive and apply the same fo the i?ede6tedness here6y secured, accounting to f{~e,morlga~or ~or uny snrplus: fo pay a~~ cosfs, charges, ancr expenses, inc~u~ing ~awyer~s jees and fil~e searcties, reasonah~y incu?rc~ or ~ic~ by t~e morlgagee 6ecausp of fhe ~ai~ure o~ !~e mo~fgngor fo prompf~y and (u~~y i-omp~y u~ith !~e a{~reemer~ls, sfipu~afions, conc~ifions an~ covenanls o~ said note and Ihis morfguge, or eil~~er: to per~orm, comply u•itli and a6icle by eac{~ an~ @I~PYy IhP agreements, sfipu~ntions, condifioru aner ~ coi~enants set jorth in said noie and ti~is mortgage or either. In tl~e event the mortgagor jnils to pny when due any tnx, assessment, insurnnce premium or other sum o) mor~ey paya6lp 6y virtue oj said note and fhis mo~tgage, or eil~~er, t~e morlgagpe may pay tl~e same, wit{~ouf u~aiving or a~lecfing ttie option to (orec~ose or any olher ri~ht {~ereunder, and all such paymenls shnll 6ear intereat jrom date tl~ereoJ Q~ ~{IP hiQhest Inu~- (ti~ rate 1{~en al~owecl by t1~e ~ou~s o( ihP Sfafe o~ Florida. ~L any sum o( monpy herein rn(erre~ to 6e not prompl~y paid wit{~in thf~'ty ~ays next ajter f{~e same 6ecomes due, or i~ eac{~ ancl eeAery fl~e agreemenls. slipulalions, conditions an~ conenants of said note anc~ Itiis mortgage, or eitl~er, are not (ully per/ormed, complied wilh and a6~dpd 6y, tl~en t6e entire sum mentionecl in said note, and i{~is mortgage, or tke entire ba~ance unpaid Il~ereon, shall Jorthwith or t{~erea(ter, at the option o~ fhe mortgagee, 6ecome a~d 6e due and pnyn6le, anything in said nofe or herein to f~e contrary notu~ilhslandin,q. Failure 6y the mortgagee fo exercise any o~ fhe rig{~!s or options ~erein proi~ic~ecl sha~~ nol conslili~te a u~ainer oJ any righfs or opfions «nder saicr note or f~is mortgage accrue~ or t~ereaJler accruing. ~n ~itness ~hereof~ t{~e said morfgngor {~ns I~ernunlo signe~I and seale~ tl~ese presents the ~ay an~ year ~irsi AFWI~P u~riffen. Sig , sealecl and dP ' red in the presencp of : . , ~ i } . ~ ~ ~ .2G-C-~r.tJ-~ - - - - - - - . A1fY~- d~- ellirig, Jr. c/ _ t~ u ~ - - - - - ~ - - - - ' ~ - - - _ ~ ~ - - - - E f i ~ ~ STATE OF FLORIDA. ~ ~ ~ CnU:~iTY nF St. Lucie ~ I HEREBY CER'TIFY that on this day, beforc me, an o(ficer duly authoriz~d in the Statc aforesaid and in the County aioresaid to tak~ acknovkdgmenu, penooally appeared AI.FRED WELLII~G, JR., e single adult ~ to m~ known to br the person deuribed in and who ezecuted the for~Qoinq instrument and he ackoowlecged ~ beforc m~ that he taecuted the samt. ~ K'I7'NESS my hand and of(i~ial ual in thc Couoty and Statc )ast aforesaid this day of ~ i~~`'~ ~~r ~S?i ~A. D. 19 ~3, ~ ~ ` ~ _!~L..?'~~--•..---•---_. - - - -••-•-•:,-~r,~:~:.:.:a.~ 1 St " 2691~2 ~Tc"~~M~n'ssw~rr ~~~s ~u`~°~u°~"~~ '~i; :r; r.:.:~; ~ ` i LEo aN0 AECORp~p ~Nw~?~ ~MOERw1~~ ~ : A. ^ , ~f'e ~ S~. RCCcRC plJTjr ! •x : ':'~c • ~ CIER R~a ~ 4. ~ K CIRCU~T ~~~~r.- ~ ' = . { ~ RECORD VEr^,IrlE ~ w ``r~~ ~ ~...r.,,,.... ' " 'yt~•-< " # ~ . ~ • ~ ~ NaY 16 3 03 PN '73 ~ ; . : ~ : ~ . ~ . ~ ~ ~ , ~ ~ = ~ ~ ~ , - , - - i ~ ~'his I~u~ni~~rf~N pre~pnrr~l by: : - : . . . ~ Acli~i~cs ~ . . , ~ • ~~?1~.L ~ ~_i . . . ; • f~ktiE ~ ;~.ri i~lE~CB. ..~.;;:j . i ~ ~ ~ - - - . . . , - - - : _ _