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and shall perform, comply with and abide by each and every the agreements, alfpulafIons, condttlo?u and
covenants thereof, and of Ihis mortga{tP, then Ihia mortgage and the estate hereby created, :hail cease. de-
termine and bP null anil void.
i
IhP mortgagor hereby further covenants and agrees fo pay promptly when due the prtncipnl and
interest and other sums of money prouidtrd for to said note and this mortgage, or either: to pay all and
singular the tares, assessments, levies, Iinbilifies. obligations, and encumbrances of every nature on said pro-
perly: to permit, commit or strjjer no waste, impatrmertl or deteriomfion of said land or the Improt?ements ~
fherecn at arty limp: fo prep the httildirtgs nou? or hereafter on safd land fully insured to a sum of not Iess
than N/A.
I in a company or companies acceptable fo the mortgagee, the policy or policies l0 lie held by, and payable
ta, Suitt iriuri{tugee, anti rn fife evartt any sUflt Oj fliunry t~ia`uiilds pr~yt7Gi@ by ijtriue vj 8titis tiiaiUiiriCd iii@
I mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor /or any surplus: to pay all costs, charges, and expenses, including lawyer's fees and tills
searches. reasonably irtcttrred or paid by the mortgagee -because of the jniltue of the mortgagor to promptly
and fully comply u+ifh the agreements, stipulations, conditions and rnvenants of said note and Ihis mortgage,
or eif{ter: to perform, comply u+itlt and abide by each and every the agreements, stipulations, conditions and
covenants set forth in said note and this mortgage or either. In the even) the mortgagor. jails fo pay when
due arty lax, assessment, insuronce premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right herPttnder, and all such payments shall bear inttsrest from date thereof at the highest law-
ful rate then allowed by the tau+s of the State of Florida.
~f any sum of money herein referred to be not promptly paid within 15 days next after
the Same hecomes dttP. or if each acid et+ery the agreements, stipulations. conditions and covenants of said
note and this mortgage. or either, are riot fully performed. complied with and abided by, then the entire -
sum mentioned in said riots, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter. at the option of the mortgagee. become and lie due and payable, anything in said Hole or herein
to the contrary nolu~ithsfanding. Failure by the mortgagee to exercise any of the rights or options herein
proridecl shall not cO11StItntP a rrainPr of env rights or options cinder said note or this mortgage accrued or
fherna~trr arr•ruing.
~ ~n witness thereof, the said morf{tnc,or has hereunto signed and sealed these pt~ertti the
day and year first abnt•e u•riflr~n. •rt
' nPd.\sPalPd an Iit•ercd in tote prPS+•nce o(: ; ~~~}~tir~'~
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/ WELCOME HOMES CONSTRUCT, - ' r,. ~ '
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_ ~ i STATE OF FLORIDA,
i ~ x COl'~TY OF ST. LUCIE
! ~ 3 O I HEREBY CERTIFY that on this day, before rne, an '
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Z J ~ officer duh• authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
a
o ~ v WELCOME HOMES CONSTRUCTION, INC.
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U 0 W ~ to mr known tr. be the person described in and who et:ecuted the fore¢oin¢ instrument and She aeknow_
~edSRd
L~ r ~ u tl I?efor+• me that $jtgxecuted the same. - 'J~~Y:.
L 13th-
Z Z U \~'1"] \ESS my hand and official scat in thr County and Stair last aforesaid this , .flit+~~,~a#~=,
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iil Q ~ o Q T'.~cember A. n. 19 79 ~~~•1::'
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i w FIlEO t;M . lA. ~~t:?iCl ey •
1 ~ a W ST. LUf ' , _ NOTARY PUBLIC , : ~ .
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X ~ p a F , ` - •.:JRT MY COMMISSION EXPIRES : i ~i ,'~j 0 ~ ~ ~ ~ ~ -
i to _ CLE , ~ ! FJ'-',
~ a, a ~ IIECOa'- f' - ` ~ ~lotsry Public, State of Flo~(l~k,
~ ~ ~ F a Pu t'1 ply Commission 6cpires MareX1 p ; ~+~~tittt~~~~~,`
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