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HomeMy WebLinkAbout2768 and shall perform, comply u~ifh and a6t~ by Pnch and every the agreements, stipulations, conditions acrd covP?tants thereof, acrd of this mortga(?P, then this mortgage and the estnfe heroby created, shall cease, d.- lermine and 6e null and aoid. I><~ the marlttagor Iteroby further cove?tanfs and ngrees to pny promptly when flue the principal and trtferesl acrd outer st?nts of money provided for in said note and this mortgage, or either; to pay all and singular the faxes, assess??tr•?tls, IPl'lPS, lIabilifies, obligalioru, and encumbrances of every nattue on tatd pro- perly; to permit, commit or suffer no waste, impairment or deferiorofion of snid land or the improvements IhP/Y'l~rt of arty time: to IPPp fltP ht?iIdl?tgs ?tour or hernaf ter o?t said lard fully Insured 1n a sum of not leas Than in a company or c-ontpanies atY•eplublP to the mortgagee, the policy or policies to be held by, and paynbb . to, said mortgagPP, and in the event any sum of money becomes payable by virtue of such insurance Ihs mortgagPP shall {ra?'e the right to receive and apply the same to Ilse indebtedness hereby secured, omounting fo the morfga!tor for any st?rplrrs; fo pay all costs, charges, and expenses, including lawyers fees and Iltle SPAMhes, rPASOnably incurred or pnid by the mortgagee becat?se of the failure of the mortgagor to promptly and fully comply with IhP agreements, stipulations, conditions and covenants of said note and Ibis mortgage, or either: fo perform, comply wills and nbide by each nncl every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. /n the event the mortgagor falls to pay when due any tax, assessment, insumncP premium or other sum of money payable by virtue of said Hole and this mortgage, or eiflrer, the mortgagee may pay the same, without u~aiuing or affecting the option to foreclose or any ofltPr right here???tdPr, and all such payments shall bear interest from date thereof of the highest Iaw- IUl rate `IIIP/I allollrCll by fhP lalUS Of fhP SfalP of Florida. ~l a?ty suns of mo?tPy hPrei?t referred to be not promptly paid within thirty days next offer IhP same hecomes due, or if each and every 1hP agreements, stipulations, conditions and covenants of said note and this morlgagr•, or either, are not fully perforated, complied with and abided by, then the entire sum menfio?te?l i?t said Hole, and this mortgage, or the entire balance unpaid thereon, shall forthwith or Ihereaffer, al the option of IhP mortgagee, become and bP due and payable, anything in said note or herein to the contrary notwithstanding. 1'ailurP by the mortgagPP fo exercise any of the rights or optiotu herein proridr'rl shall not conslihde a waiver a( any rights or options under said note or this morfgnge accrued or fherna f ter acr•r1WtR:•~ ~It ~~ltgeSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents fhP day ancf _yPar 1'rc ah r ~ t ' 'flPyt- c Signed, sealed a?~d ~rlPliverPd ~ 1hP presence o(: SF1~I. • ~ dward J. L s -President and ~ ~ 77..t.ir_- ~ ~2-~y'L~ - - -T1I % surer---- --A i - ~ - erly L wis Secretary j ~ and Vice President i i STATE OF FLORIDA, a Col'\TY OF St. Lucie I HEREBY CERTIFY that on this day, before me, an officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared ~ Edward J. Lewis, President and Treasurer and Cherlyn L. Lewis, Secretary and Vice President of WEND-MAR ESTATES, INC. a F1. Corp. to me known to the person Sdescrihed in and who executed the forrgoinq instrument and ~hel7acknowledged ~ Ix•fore me that they executed the same. I ~ 1~'I"l \ESS my hand and ol(icial seal in the County and State last aforesaid this 22hd day of October 79. - _ _ _ 4b , . t - ~ ~ S a F or t La RR o ida a rge: ' . _ ~e~ _ _ n.r.r.c r ~ ~ \~pV//Notary Pwbi(. State of Rorrla ~at,l~+q~ r• ST. Lt'Ctf C 0'J : = Y. f i Commisiton Ex-.:es A~tw S; ~ig3" ~ fiOGER PU:TR1.`~ N'r ~ t ?o~ase ty L~~s+~ Fr. i Gsrar? Cs~a+.lC V 'C~ERf. C:::C'~: ~ y of n~ .'ran _ , H 9~~ • LI 1~ i S 4: .^C C.R. McDonald, Jr., _ ~ 1600 S. Federal Highway ° %%I%t Il/1///Illlfl// pl7'fllll?i' hy: Fort Pierce, Florida 33450 ,1 Jrlrrxc ~~;~318 ~A~E27+62