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and shall perform, rnmply with and abide by each and et+ery the ogreements, stlpulattoris, eondtttons and
eor~enants thereof, aced of this mortgage, then this mortgage and the estate hereby created, shall Dews, de-
termine anti be null and void.
the mortgagor hereby further covenants and ngnes to pay promptly when dw the principal and
tnferosl and other sums of money provided for to said note and flits mortgage. or either; to pay all and
singular the fares, wsessments, levies, ltabikltes, obligations, and encumbraneei of every nature on said pro-
perty: to permit, commit or suffer no wrote. impairment or deterioration of said land or the improvoments
iher+ecn of any time; to keep the buildings now or hereafter on said land fully insured in a sum of not less
than '
in a company or rnmpanies acceptable fo the mortgagee. the policy or policies to be held by, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of such tnstu~artc~s the
mortgagee shall boos the right to recetue and apply the same !o the indebtedness hereby secured, aceottnting
= W to the mortgagor for any surplice; to pay all costs, charges, and expensc?s. including lawyer's fees and Htle
u t searches, reasonably incur?ed or paid by the mortgagee because of the jailtu+e of the mortgagor to promptly
= F and fully comply with the agreements, stipulations, eonditiona and covenants of said note and this mortgage.
3 f or either; to perform, rnmply with and ab(de 6y each and every the agreements, stipulations, conditions and
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Q J = covenarts set forth in said note and ibis mortgage or either. In the event the mortgagor jails to pay when
~ n ~ V due any tar, assessment, instcronce prem(um or other.stun of money payable by virtue of said note and this
~ ~ Z J mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
O ~ 4 or any other right hereunder, and all such payments shall bear interest from date thereof nt the highest Iaw-
v~ ~ O W ful mte then allotued by the Iaws of the State of Flor(da.
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j j W a ~l any sum of morsey herein re(arred to be not promptly pa(d within 15 days next after
~ ~ t7 J a j the same becomes due, or i f each and every the agreements, stipulations, conditions and rnvenanb of said
~ ~ r .a Z note and this mortgage, or either, are not jolly performed, complied with and abided by, then [he entire
. ~ N W sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
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J ~ r ~ d r thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein
f ~ a Q ~ to the contrary notwi(hstanding. Failure by the mortgagee fo exercise any of the rights or options herein
td 3 provided shall not constitute « u+air~er of any righh or options render said note or this mortgage accrued or
1 `f~ ~ thereafter accruing.
U ~ W C r -
~ ~ju",S ~iK`[~~y f{It• Saic{ mor(gagor {cos {terpunio signed anti sealed these presents fRe
m N ~ Z t{av and year lirsf a{,or+e rc+riflnR^
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°o m a .
p 2 3 Sig sled ant{ delirv~re in the presence of : ~ ' ~ . ~ 4~,
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i,1ELCOME HOMES ONSTRUCTION; ANC.
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STATE OF FLORIDA,
ct,t;NTY of ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
officer duty authorized in the State aforesaid and in the County aforesaid to take acknowledgments, penotsally appeared
WELCOME HOMES CONSTRUCTION, INC.
to me known to be the person described in and who executed the foregoing instrument and they acknowledged
(x(ore me that they executed the same. -
\VI'1'NESS my hand and d(icial seal in the County and State last aforesaid this 6th day d
November A. D. 19 79.
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NOTARY PUBLIC ~ ~~~r) ~ -
i 9 ~"i~t l 5 t.7 MY COMMISSION EXPIRES; • ~ ~ .
~ ~ht, ~ , t;u...;: ~ Notery Public, Stets of Flac~dq ~~j~j~#~i~ar~gii' ~ _
FIL_0 My Commission 6cpires Mffat~~r.9.~,''~8~
ST LUCIE G: i Y. f i
466031 ~ X41
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Sri! prfparrd by:
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