HomeMy WebLinkAbout2972 and shall perform, romply with and abide 6y each and every the agrwm*nb. stfpulatiotia. conditions and
_ covenants thereof. and of this mortgage. then lha mortgage and the estate hereby created, shall cease, de-
termine and 6s null and void.
_ _ _ the mortgagor hereby further covenants and agrees to puy promptly when due th. princlpnl and
interest and other s_uma of money provided for in said note and this mortgage, or either: to par al/ acrd
singular they tares, osseasmenfs. levtea. liabtlittes. obltgalioru. and encumbrortcea of every nafuro on said pro-
p~r~y: fo permit, commit or suffer no waste, impairment or deteriar+ution of said land or the improvements
Iherecn at any lime; to keep the buIldtnga now or hereafter on said land fully insured in a sum of not leas
than the highest insurable value thereof
in a company or rnmpaities acceptable to the mortgagee, the policy w policies to be held by. and payable
to, said mortgagee, and in the event any sum of money becomes payable 6y virtue of such truurance the
mortgagee shall have the right to receive and apply the cams to the indebtedness hereby sectored. aeoounting
to the mortgagor for any surplus: to pay all costs. charges. end expenses. including lawyeri fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor ,to promptly-
. and fully comply with the agreemertfs, stipulations, eonditiona and eovenanta of said note and Chia mortgage.
or either: to perform. comply with and abide by each and every the agreements. stipulntiorts. conditions and
dwenants set Jorth to said note and this mortgage or either. /n the event the mortgagor jnib to pny whin
- .due any tax, assessment. insuronce premium ,or other sum of money payable by virtue of said note and tha
mortgage. or either, the mortgagee may pay the same, without waiving or nffecting the option to foreclose
or any of her right hereunder. and all such payments shall bear interest from date ther+eoj at the highest law-:_
f ul rate then allowed by the laws of the State of Florida. _
~L any sum of money herein re~er?ed to be not promptly paid within 10 days next ajte?
the same becomes due, or if each and every the agreements, stipulations, conditions and covenants of aatd
note and thin mortgage, or either, are not fully performed, complied with and abided 6yr then the entire
= sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. shall forthwith or
theter.jter, at the option o/ the mortgagee.-become and 6e due and payable, anything in said note or herein
_ to the controry notwithstanding. Failure 6y 1he mortgagee to exercise any of the rights or options herein
provided shall not constitute a u?aiver of any rights or options tutdersaid note or this mortgage accrued or
thereafter accruing. ~ -
~n ~~uleSS ~he~eof, the said mortgagor has hereunto signed and sealed these presents the
dny and year f
trot above written.
Signed, sealed and delivered in the presence oj:
Todd H. etzel
Linda L. Wetzel
STATE OF FLORIDA,
COUNTY OF St. Lucie
_ I HEREBY CERTIFY that _ on .th' - ~y, adore are, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkd~jie~odAaUy appeared
{ TODD H. WETZEL and LINDA L. WETZEL, his wife, • `
to me known to be the prrson s described in and who executed the foregoing instrum~ t~al~ ' ~~tiowkdsed
hefore me that they executed the same. ' ;=y=` 3~ ; _ , -
WITNESS my hand and official seal in the County and State last aforesaid th~ ` ~ ~tt ~ ` , day of
September A. D. 19 79. . ~ - ~
a
.
# ..................i...........~.jR.c...T~N...y~n........».........
l'
Notary Public, ate of Fly'}i, ~t,~~-
My Commission Expires:
;9t9 OCT -8 ~ 9~ 3~ ~ ~ ~ I~
ftLEU AMC t'- Ctlt:::t if a~ ~ aa"t`a'~ ~ rat. ~
sR0
RCPO
TRASA~
THIS INSTRUMENT PF;EPARED BY d.ERK CSRCtfIT COU
FRANK H. FEE, III ~L'bI1D YEf?if!E0~
FIRST FEDERAL BLDG.
FT. PIERCE, FLORIDA 33450 46'.sijr3
I Tliu hulninrcytt ~rnrp~ascd by: