HomeMy WebLinkAbout0271 a?u~ t~a~j pe~orm, rnmply witl~ and abid~ br eacl~ and ei~ery t~t agrwments, iiipulation~, cor~itiona and
eo~~enants thereo/, and o( thia nzortpaQe, then t~b mortgage and t6e e~tote ken6y crsnted, il~all ceas~, d~-
termine and be ns~ll and ~wtd.
~!hP mortgaQor heruby ~urtber covenants and ognea to pay promptlr wken dw the princtpnl ond
tnterest and ot/~er seuns o~ money pro~ided jor in said note ond t~ia n~oNgope. or ~if~K; !o pay aU and
tingu~ar ttie lnxes, asaessments, Ie~tea. IIa6tllties, ob~igations, and encum6mnc~a o~ euery noiurt on aaid pro-
perfy; to permit. eommif or su~fer no waste, im{wirmenl o~ deferto?~nllon of satd land or t1~s irnprowmenb
therecn nt any ftme; to ~aep fhe 6ui~ings now or 1?erraf fe? on ~nid bnd JuUy insw+ed in a tum o~ not lesa
than .its insurable value ~
in a company or companies nccepta6le to the mortgagee. !he policy or pollcies !0 6. J~eW 6y, n.ed ~yobb
to, taid rnortgngee, anc~ in f~e euenf any sum o~ money beeomes poya6l~ by vtHua o~ such insurance
mortgagee sl~a~l 1~ave the ?tght eo ?eceive~ and app[y the aaiiee to ths indebtedness here6y secured, ac~counttnp
to ttie mortgagor (or any surplus; fo pa~y nl~ costs, c~arges, and expentet, inc~uding ~aturer s(ees anc~ tit~t
seanches, rraso~eab~y inctu~re~ or paid by ttie •mortgngee because o~ the ~ai~ure o( tke ntortgagor to prompfly
n?u~ f
u~~y comp~y wi1R f{?e ogreements, stipu~tions, oondifions nnd couenants oJ :a~d no~e ~d el~~ mo.egoa..
' or eit{~er, to perf
orm. ~o~,Ply w~rh and a6~ds by ~h and euery the ngreements, stipulatioru, conditiona and
covenants set forth in said note nnd fhis mo?tgage or either. In t{~e event tl~e n~ortgago' (at~,s to pny wh~n
d~ ~y t~, assessment, insu?ance pre~nium or ot~er surr? oj ~o?~ey ~x,ya6(~ 6y virtue o~ suicf nole and thit
mortgage, or eil~ier, f{~e mortgngee may pay t1~e same, ~uithout waiut~g or a((ecting t~e opfion to (ore~clost
w any other right hernundet, and aU sucl? puyments shall bear tntereat /rom d~ate thereoj a! 1lee l~tgless! lntu-
~uI wte tl~en aI[owed by tbe lau?s o/ l/~e Slate o~ Floridn.
)l any sum of money herein re~e~rec~ to be not prompily paid wit~in e~nys next of
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the snme becomes due, or iJ each and euery t??e agreements, s[ipu[ations, conditions and couenants o/ said
note nnd t6is mortgage, or eill~er, nre not Ju11y perjorn~ed, complted wit1~ and abided 6y, t{~en the entiro
sum menlioned in suid note, and Ihis moregage, or the eniire balance unpoid thereon, shnll (orthwitl~ or
therea/ter, ot the option o/ the mortgagee. 6ecoine and 6e due and pnya6le, anything in said note or he?si?rt
to fhe confr~ary Rofu~it{~starec~ing. FQi~ure by !~e mortgagee fo exerriae any o~ t~e rig~ts or opttont ~er+ein
providec~ aha~~ not rnnsfifufe a waiver oj any ~ig~ls or options under snid note or this mo?tgage accrued or
f~erea~ter accruing.
] F
)n ~iltl~ ~1~~`~ f{~e saic~ morfgagor f~ns hereunto signec~ and sea~ f{~ese preaents the
c~oy and yeur ~irst aboue wrilten.
$ignet~, seale~ ancl de~iverecl in t{~e presence o~: ~ND-MAR ESTATES ~ LTD d
t~~ Florida Limited Partnership ~
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- . a~~-~ ~ nera~ Par ner
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~ war~~-' . s, GeneraY ar ner
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STATE OF FLORIDA~ ~
COUNTY OF ST. LUCIE -
I HSREBY CERTIFY thae oa chu day, bdore me, an
officer duly authoriud in the State atoreaaid and in the County atoreuid to take acknowkd~ments, penonallr appeared
D. E. Callaran and Edward J. Lewis, General Partners of Wend-Mar
Estates, Ltd., a Florida Limited Partnership
to me tnown to be the penon S descn'bed ia aad w6o euecuted the torr~oin~ insvument snd W}l0 acknwrkd~ed
' before mc that they executed tl~e same.
~ Wi1'NESS my hand and d(icial seal in tt~e Countp and Sute last a(oresaid thu 3~ ~ dar d
ALlc~ti3t A. D. 19 78.
••_IC!~~. ~ ~~t
Notary Pu~l l~. • ~ ~ ~ir• •
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f~iEO RMv wEC~~~ f' My commission exp~es:~ ~.1-~1$-~_79
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Ilrv In~mcnt prrpr~ird by: R. N. Roblegard , I I I, Esq . n(?t~X 2~ °it~F 2~1
P. O. Box 1000
Addrar Fort Pierce, Florida 33450
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