HomeMy WebLinkAbout1482 ancl sI~aII p~r~orm, ~~o~~p~y tvith ana o~ii~~e ~y eacti an~~ ci'ery the ngreemenls, stipulafioris, conuu~ons ana
co~~enants thereoJ, and oJ Ihis mo?t~asie, thPn fhi~ morlAagp and the eslate hereby created, shall cease. de-
Iprmine and Gp nu« an~~ voi~l. - ,
~n~ Ihp mwt{~a{~or ~~en~by (url~er covenanls and agrees to puy promptly when due the prtncipa! und
interes! anc~ ol~~Pr sums o~ money providecl )or in saic~ ~ote and fhtt mortgape, or eilher; to pay a~~ and
stngular II~P tax~s, ass~ssmenfs, ~euies, ~iatii~ilies, oh~i~alions, and encum6mncea oJ every nafure on said pro-
perfy: to permit. rommil ur suj~e~ no u~astp. impairment or deferiomlion ol saic~ ~and o~ Ihe improvemenlt
II~Prncn al any fimP: fo ~PP~ ~hP 6uildi~~gs nou? or her~~~ler on said land /ully Insured in a sum oJ not less
than full insurable value
in a conqwny o~ ~-om{x~nies arcepfati~p io I~e mo~l{~a~ee. the po~tcy or po~iciea !o ~e held 6y, and paya6le
to. said mortpaqee, and in ItiP erent any sum o~ mon~y 6ecomes paya6le by vi~tue oJ such insurance !he
morfgap~e stia~~ ~ai~c~ I~~e ~i~hl fo receine and apply the same fo IhP indebfedness here6y secured, accounfing
to ttie morfga~lor jor any su?p~us; lo pay a~~ cosfs: charges, and expenses. inc~uc~ing ~awyer~s (ees and ttt~e
searches, rPasonubly incurre~ or ~,~d 6y rhp morfgaflee OPCAUSP o( fhe ~ai~urn o~ Ihe morfgapor lo prompl~y
nner ~ully comply u~ilti tl~e aflreemenls, sfipu~ufions, concjilions ancr conenanls of saic~ nofe an[~ l~~s mortgage.
or either; fo ~Serjorm. ~-omply u~itli ancl a6icle 6y eacl~ and ei~ery Ihe agreemenls, stipulations, condilions and
cot~ennnis sef (orf{~ in said note anc~ ttiis morfgage o~ eilher. ~n Ihe event the morfgagor ~ni~.t lo pay when
tlue any tax, assessmenf, insurance premium or o1F~er sum oJ money paya6le hy virtue oJ sai~ nofe ancl f~iis
mortgage. or eil~~er, t~e mortgnc~ee may pny Ihe same, tuithotd «~aiving or ajjecfing ftie opiion to jorec~ose
or any ofher ?i~hf I~prpunder, ancl a~l such payments shall 6ear interest (rom date lhereo( al the I~ighest Iau~-
(ul rale Ih~n allowerl 6y Il~e ~airs of the Siate of Flori~la.
.
nny sum o~ money I~erein re(PRP(1 IO f~e not prompl~y paic~ wilhin 20 c~ays next n~ter
fhP same ti~comes ~ue, or i~ eacl? ancl every Ihe agreempnls, stipulafians. c-onditions ane~ covenanfs o~ saitr
note and this mortgac~e, or eilf~er, are no1 (ul~y per(ormecl, compliee~ wi11~ nncl a6~ded 6y, then fhe eniire
sum mentione~ in said nole, aric~ this mortgage, or the entire ba~ance unpaitl thereon, shal~ forlhwi~6 or
theren~ler, at fti~ option oJ t~ee morf~agee, berome ana 6e due and puya6le, anyt~ing in saicl note or herein
to Ihe contrary nofiviflislanrling. Failure ~v ttie morlgagee fo exencise any of ttie rig{~fs or opfions hereiK
pro~~i~~c~ stia~~ not constilutP a u~nirrr o~ any riryhls or options unc~er sait~ note or fhis morfgage acctuei~ o~
f~erna~f~r accruin~.
~ ~n ~itness ~hereof~ Il~~ said morl,ryngor ?ias I~e?+PUnlo si~nal and senled these presents thp
~ay anc~ ynar (irst atioi•e ivrilten.
SignP~, sealecl ancl r~elirerpcl in Ihe pr~senca o•
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' ` Robert D. Ward
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' Wilene M. Ward ~
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~ STATE OF FLnRIDA,
c~t~~~rv c~F ST . LUCIE . ~
I HEREBY CERTIFY that on this day, beforc me. an
officer duly authoriz~d in the State a(oresaid. and in the Count~ a(oresaid to tak~ actnowledgments, penonally appearcd
ROBERT D. WARD and WILENE M. WARB, his wife,
to me known to Ex thc person S described in and who execut~d the (or~qoinq instrument and they acknowlcdged
befor~ me that theyxecuted the same. •
1~'I"l~~iESS my hand and official seal in thc County and Statc last a(or~said this 29th da~ of
~ March A_ D. 19 7(~.
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` Notary i, State of Florida
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^F sion Ex ires : 0 F'tEi r:''=` `ECJ~~Eo
~ I~I~ti ~ORi~.i p /Z Z 'Ip ST. LU:, „~,~ktT FLA.
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- A~lihc~s SPE"i;:`_R ~i'_~_;t+, i,;ior~ey at Law
e0~~~ ~~t'E14~0 ~O S. SE';QtiD S:R~ cT, fl. PfERCE. FU. 33C'^
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