HomeMy WebLinkAbout1161 _
'
• and shall perform, comply with and abide 6y each and every the agreementa, stipubtioni, conditions and
covenants Ihereoj, and of this mortgage, Ihen this mortgage and the estate hereby created, shall cease, de-
fermine and 6e null and twirl.
the mortgagor heroby further rnvenanls and agrees to pay promptly when due the principal and
interest and other sums of money provided for In said note and this mortgage, or either; to pay aII and
singular the foxes, assessments, levies, liabilities, obligations, and encumbrances of every nature on said pro- '
perfy: to permit, commit or suffer no waste, impairment or deferiorolion of said land or the improuemenls
fherecrt al any lime; fo keep the buildings now or hereafter on said Land fully insured in a sum of not less
than -------_---FULL INSURABLE VALUE------------------------------------------
in acompany or companies acceptable to the mortgagee, the policy or policies fo be held 6y, and payable
to, said mortgagee, and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same fo the indebtedness hereby secured. accounting
to the mortgagor for any surplus; fo pay all coats, charges, and expenses, including lawyer's fees and title
searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mtxfgngor to promptly
i
and folly comply u~ilh the agreements, stipulations, rnndiffons and covenants of said note and ibis mortgage. ;
or either; to perform, comply with and abide 6y each and every the agreements, stipulations, conditions and
covenants set forth in said note and -this mortgage or either. In the event the mortgagor jails to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and rhea ~
mortgage, or either, the mortgagee may pay the snore, without waiving or affecting the option fo foreclose
or any other right hereunder, and all such payments shall bear interest from dote thereof at the highest l~w-
ful rate then allowed by the taus of the Stale of Florida.
F
~L any sum of money herein relerrc~d to be not promptly paid within THIRTY days next after
the same becomes dtte, or i f each and every the agreements, stipulations, conditions and covenants of said i
note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire a
sum mentioned in said note, and Ibis ntoregage, or the entire balance unpaid thereon, shall f
orthwilh or ?
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary nolu,ilhstandirtg. Failure by the mortgagee to exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or options under said note or this mortgage accrued or
fhereafler accruing. -
l:
~n witness thereof
~ the said mortgagor has heretrnlo signed and sealed these presents the
day and year first above u~riflen.
Sign, seal d and delivered in the presence of : WELL E HOMES C T TI N, INC.
t
- ~ e/~~ Y : LLEN J TE
•
I I -
~ ; i
l
i STATE OF FLORIDA,
c~c•~•rY c)F ST. LUCIE
I HEREBY CERTIFY that on this day, before me, an
~ officer duty authorised in the State aforesaid and in the County aforesaid to take. acknowledgments, personally appeared
ELLEN J. GUTERL, President of WELCOME HOMES CONSTRUCTION, INC.
g ~ to m~• known to br the person descriFxd in and who ~x~cuted the for~goinq instrument and She acknowledged
6 1
~ Ix(or~ me that She executed the same.
r 30th "
~~•IT\:ESS my hand and ofiirial sea! in the County and Stad• last aforesaid this day of ~
Novmeber n. ly 79 ~
E
2
Y S
FtLEO ~k'! -naED
~CO ISS N EXP ES - - t~.. , , 2'; ••1980
ST ltJ~1' 4' r rEA.
I ~ RECC t `cam • Li ' ~i. "
c~ ~ .
C DEC 3 3 i~ TM'r1R = ~ ~ ~ : =
i
•
{ ~ 448010 ; F -
S::~i
This (nstrument was Mwored by: ROBINETTE G. OOLEY
%n laf~rnn~~n~ prtpnn~/ l?y: First Atntrkf+n title Comaany
Adr/n _u N St. Lune County. Int. • (!11
a3l0 D S. U. S. IligAw~y gQ~X P~CE~~D
anr. t:~ t urL taeridi 3'~ISA €