HomeMy WebLinkAbout2947 an~ ahall per~orm, coinply wtlh and a6tde by ~wc6 and e~~ary tRe agrosmenli. ~I1palat~oni, condilions and Z
core~o~ts ~hereo(. and oJ thts mortga~s, t1~en thit morl9age and tl~s estate I~e~6y rnated. il~a!! cen~s, d~- `
le~mtn~ and 6e nul! and t~oid. ,
~ the mo~lga~or he~~+by ~urll~e? covenanls and agwea fo pay promplly when dw tl~~ p?tncipn! and
infarrsi and ofher sums o~ money pro~?lded Ior in aald nole and thit mortgnge, or etf~sr: fo pay a~~ and
s[ngular itie faxes. assessmenla, taviea, Iia6l~iliet. ob~tgafions. and sncumbnancea o~ evary naturo on aald pro-
perty: to pe?mif, commif ur sujJer no wa~te. Impairment o~ delerioratio~ o( satd la.~d or tht improvemenb
fherecn al any lime: to k~p I~e ~,ui~inga now or~e?eajter on said lund (ully tnsured in a sum o~ not ~ess
Ihan highest insurable value
in a company or companies ac~cepta6le to the morlgagee, the policy or pollci~s !o be held 6y, a~d ~,oyabb
to, said mo~fgagee. anc~ in f1~e even! any sum of money becomes n~ya6l~ 6y vtrtw oj suc~ insurance the
~nwfga9ee ahall I~ave tl~e ~ight to receive and apply Ike same ta the indebtedneu I~ere6y :ecured. ac~counling
to t{~e mortga~ar Jor any surplus: to pay all oosb, charges, nnd expenses. includine lawyc~
s/ee~ and Utls
searchps, reasonahly incunp~I or ~td by ~?~R mwtgagee becnuse oj !~e ~ai~ure o~ fhe mortgagor to prompt~y
a~d JuIIy comply wifh t{~e agreemerits, sftpu~alions, condifions and couenanis o/ said note and thta mortgnge. _
o~ eill~er: to perform, comply u~ith and a6ide 6y each and every Ihe n~?eemenfs. stipu~ations, eonditions nnd
cooenants set Jorf~ in satd note nnd this mortgage or either. In ttie event t1~e ~norfgagor fai~s to pay wken
due any ~ax, assessmerrt, insurance premium or other sum o~ money payable by vtrtue of snid note and th[s
mwlgage, or eit~ier, f{~e mo~t~agee may pny f~e same, wilhouf wniving or aJlecfing t~e oplion -fo ~orec~ose
or any oiF~er rigl~f he?e?uncler, and all such payments a6all 6ear intereat (rom date ther~wj at fl~e I~igl~est law-
~ul mte Ihen alloiuecl by the lau?s o~ the Slate o~ Florida.
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any sum oj money /~erein re(errec~ to he not prompf~p paid wilhin ten days next o~ter
the same 6ecomes dup, or i( each and every 1?~e ugreements, stipulntions. rnndition: and c~ooenants of said
note and tl~is morlga~e, or either, are no! (~lly ~~Iormed. eompliecl with and a6~ded 6y. Il~en the entire
sum menfionecl in said note, and ll~is mortgage, or Ihe entire balanoe unpaid thereon, shall Jorthwith or
f~ereaJfer, af ftie oplion o~ ftie mo?Igagc?e. become and 6e due nnd pnyn6le. anything in said note or herein
to t~e conlrary notu~il{~slanding. Foilu?r 6y=tF~e morlgagee to'exercise nrty o( the rtg~fs w oplions ~erein
provided sha~~ not constilute a waiver o~ any rlghts or opfions une~er sai~ nofe or i{~is mortgoge accrued or
thereajl~r accruing. ' • ' -
~n ~~0`~ the said morlqagor I~as hereunlo signecl and sealecl Ihese presents the
day and year firs! a6o~~e u~ri
Signec~, se irer in t reserice o~:
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Gary w. .
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~ Jani 1 wood ~
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STATE OF FLORIDA. ~
cou:v~v ~F ST. LUCIE, '
I HEREBY CERTIFY that on this day. before me. an ~
officer duly authorized in the State a(omaid and in the County aforesaid to take acknawledgmenb~ personally appeared
Gary F. Ellwood and Janice Ellwood, his wife, ~
to mc known to be the p~rsonS described in and who exeruted the foregoing instrument and theY acknowkdged ;
betore me that t~1Ey e:ccuted t6e same. ~
~~'I1'NESS my hand and olficial seal in'thc County and Sute last aloresaid this a~Y ~ ~
~ A. D. 19 74. ~
" . . :
-Kotary -Pub"( ~
t,;:~;,~„~; 'r
° State of Florida at Large.,~•~'•~~~ s,,~~~''>-:;~ }
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Q.~,s My comni ssi on exp~ s: ~
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~ ~1151NSTR~:::: ~'T P4fPARED B~f; .
Ejnory C. Teei.111~ Esquire, of
!%u _ I~urn~~,~~n~ prrpa~rd by: f~ Parker b Fee, P. A.
A~ldnxr first federdl Building . B~It~J4 FI1~F~~ !
Fort P1~~~ ~dA ~ ~
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