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HomeMy WebLinkAbout1238 , antt sl~all ~~er~onn, com~~ly uitl~ und ubide by euc•l~ ~n~d ruci~ the u~reeuie~~ts, sli~~ulatio~~.s, caulitio~4t uru~ covenants thereo/, and o/ d~ia inort~;u~;e, die» tliis murt~u~e un~l tl~e estale l~crel~y creutcd, sl~al! cease, de- termine and 1,e null aru! voed. ~ t)~e mort~atior 1~ereLy ~urtlier cooenanfs and agrc~es to puy pramptly ichen due ti~e Nrincipol and interest and odicr sums af moneJ prouide~l Jor in said ~wte a?ul Il~is mort~;age, or eitl~er; to 1wy alI aiut singidar the tares, assessnients, leuies, liabilities; oLli~;utia~s, and encu?i+lirmicos of e~en~ »ature on saul prop- erty; io permit, comn~it or sueer ~w icaste, impairneent or delerioralion o/ said la~ui or Nte irnNrouernents diereon at any time: to kee}~ t/~e huildin{;s no~v or herea/ter on so'ul iand fulty i,uured in a sum of not less ....._...._..a .,a nn T1r~l 7 a~Q rc~~ _ nnn _ ~n~ - t1/11~~ ai~ciaa.Y aa~a: •a\VVVM~~vi :_v~ . in a company or com~wnies occeptable to tl?e mort~;a~;ee, the policy or policies to Le 1~e?d by, o?ul payable to, saul mortga~;ee, arul in the euenf any s~un o/ mo~~ey beco~~ies ~wyable bi/ virtue of aud~ i~ueunnce the mortga~ee •shal! haoe the ri~;lit to receiue nnd appl~~ the same to tGe ~nclebtedness hereby secured, accounting to N~e rnortga~;or for anJ surplus; to pay all cosrts, chur~;es, a~u! exj~e?ues, inclucling lau;yer's /ees a?ul tifle searches, feasona6ly ince~rred or ~wi~i by the mort~ogee beca~ue of the failure of d~e mortgagor io promptly arul fu1ly con~pl~ ~cith the a~;ree?nents, stipalatio?u. coruli~iaiu a?ul co~~enants of saui note orui this mortgage, I or eid~e?; to perfonn, comply icith arul al~ide by each ond euen~ tlie agreenients. stipubtions, co?ulitiau und covenants set forll~ in snicl note a?u[ ihis mort~;a~;e or eitl~er. In tlie eucnt t1~e mortgagor fails to pay uhen due any tar, assessment, insu?ance ~~re?nium or otlier surn o~ mone~ puyoGle ~iy uirtue of saul note anci tleis mortga~e, or either, the morteagee mar/ ~wJ the sarr~e, iciN~out uaiuin~; or ajjec.ting the option to fo~eclose or any oNter right hereuruler, a?ui nU such ~wyinents,sliaU l~ear interes~t from rlate thcreof at the hi~hest lau:- ful rate il~en allou;ed Gy t):e laius of the State o/ Floricia. aru~ suin of money herein re(erred to l~e not ~~romJ~tle/ ~wic! ~cit/iin thitty days next after the same becomes due, or if each a?u! ener~ the agreen~ents, stipulutioi~.s, cnrulitions and cooenants of saul note a?ul t1?is mori~age, or eitGer, are not ~u!!~ performed, com~liecl icifh anti abided by, then the entire sun: mentioned in sau! ~wte, onct this mortga~e, or the entire I~alarzcc un~wid thereon, shal! forthu;uh or thereafter, at tlie option o/ tl~e mortgagee, ~iecome o~i~l ~ie due a~ul Jwyable, a~iytl~ing in said note or herein to tlie contranJ notecithstmiclin~;. Fnilure~ by the mort~;a~ee to exercise any of ti~e rigl~ts or options herein provuled s1~all not corutitute a icaioer of any ri~;his or oJ~tioru under~said note or t/iis moRgage accrued or tlierea f ter accruif~. ~n ~~(~0`~ tlie said mortga~or 1~as liere~~nto si~ned and sealed these J~resents the ~ dny a?ul year first aliooe ~critten. Signe~l, sealed ancl deliuered in the presence of: . ~ ~ ~ /~-t-~-=----------- - . - , ~ ~ . - - - . , ~ ~i~~~ ~ ~ - ------------------1~_---------..---------.----------. - . . - ' ~ . t~ ~ ; - : ~ ~ ; ~ ~ STATE OF FLORIDA, 1 couN~rv oF St. Lucie ~ ~ I EIEREBY CERTtFY that on this day, l~efore me, an o(6rer duly aut}~rized in thc State afon~said ancl in the County aforcyaid to take acknuH•leclgrnents, personally appearecl Kenneth L. Watson and Helen M. Watson, his wife to mi• k~wan to IN• tlx• ~w•rWm ~N•u•rilx•d in ancl ~viN~ ~•~~ti•ut~•d 16i• (ur~•~~oiuL in>iruma~nt :wd they :~rk~K~~~-letlgecl Ix~furt• uw• dwtt they ~•~i~•~~h~l thi• ~auK•- ~\'IT\F:titi nn• hanil :uxl ufficial x•.d in di~• (~~~~uih :~nd St:~h• {:t~t :~(urestid ihic I.St ~~y n[ Fiugust 74. ~ ~ 2~4~~ ~ 4 . _ . J~,--~ c_ - F!~c". r~,! ,.,n` ~D _ ~ ~T LF~F"~ 'i~';fh i Y ~L~- ,.f.. -:!'Rl? ~ f.tf K ~Ri NO7ARY 9UBUC STA7E Of ft~RIDA AT lAR • MY COPAf+~1~StON EXP~RES FEB. R~Sn r c i' - - ~ . ~ _ ~.'-se+~+,~' p~iO~D THRU GENERAI lNSURANCE UNDER~NaIt[~f ~ ~ ~~Y ~ ~ ~ f ~ ti ~4~ ~ ; .~~'~~s~;~..L• ~ ~ ~ ~ ~ ~ >f~,~. ~ S G,~ : ~ . : ~ ~ al~ ~F ~ ~V ~ 7 ~ C~ ~ ~ 2 / ~J- ~ , r'_ 'T ~ ~ { / ~ 1 ' O O J~ ~ ~'-a ~ . Q ~ .S~1lE~~=•~~ . ~ ~ ° R ` 1238 ~ ~f I BOOK ~JO ~ " ~ _ ~ ~ _ . - : _ , ~