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and shall perform, rnmply with and abide 6y each and every the agreements, afipulattons. conditions and
covenants thereof, and of this mortgage, then this mortgage and the estate hereby created. shall cease, de-
termine and 6e null and void.
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the mortgagor hersby further covenant and agrees fo pay promptly when due the principal and
interest and other sums of money provided for to said note and tht mortgage, or either: to pay all and
singular the faxes, assessments, levies, ltabilittes, obligations, and tncumbranoa of every nature on snld pro-
perty: to perntif, commit or suf
jer no waste, impairment or deterioration of :aid land or the improvements
thereon at any time: to keep the buildings now or hereafter on said land jolly insured to a stun of not less
ehan its full insurable value
in a company or compnnfes acceptable to the mortgagee. the policy or policies to be held 6y, and payable
to, said mortgagee. and in the event any stem of money becomes payable. 6y virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting
to the mortgagor /or any surplw: to pay all rnsts. charges, and expenses. including Iawye's jess and title
searches, reasonably inctured or paid by the mortgagee because of the jailtrre of the mortgagor to promptly
rend jolly rnmply with the agreements, afipulafions, conditions and covenants of said note and this mortgage. .
or either: to perform, comply with and abide by each and every the agreement. atipulattons, rnnditions and
rnvenanfs set forth in said note and this mortgage or either. ?n the event the mortgagor jails to pay when
due any tax, assessment, insurance 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 joreciose
or any other right hereunder, rend all such payment shall bear interest from date thereof at the highest law-
f ul rate then allowed by the laws of the State of Florida.
~l any sum of money herein referred fo be not promptly paid within 30 dayi next after
the same becomes dtte, or ij each and every the agreements, stipulations. rnnditions and covenant of said
note and this mortgage, or either, are not fully performed, complied with •and abided 6y, then the entire
sum mentioned fn said note, and this mortgage, or the entire butanes unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and 6e due and payable, anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercise any of the rights or options herein
provided shall no! constitute a waiver of any rights or options under said note or this mortgage accrued or
Ihereaffer accruing. t
~n whereof, the said mortgagor has hereunto signed and sealed these presents the
day and year first above written.
WEND-MAR ESTATES, LTD., a Florida
Signed, sealed and delivered in the presence of: Limited Partnersh'
By • -
~ - ar Lewi , eneral Par nee
- ~
- -
i
s
i
STATE OF FLORIDA,
COUNTY OF ST. LUCIE
I HEREBY CERTIFY that on this day. before me. as
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowkdgments~ personally appeared
Edward J. Lewis, General Partner of WEND-MAR ESTATES, LTD., a
Florida Limited Partnership
to me known to be the person descn"bed in and who executed the foregoing imtrument and whp scktawkdged
before me that he executed the same. '
WITNESS my hand and official seal in the County and State last aforesaid this f'OrtI~.. day of
....j~. R
December A. D. 19 7 9 . ~ ~r=%L ~y .
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a
No ar Public _
19E0 JAN I7 AFI ~ 02 y
~ My commission expiz`~i:vl~;r-]~5-8,3
~ FILEO ANC R~CGnui J ~,~f•.`" • c.
ST.IUCtE COUNTY.FI A. ~ > ~
. ,t;.
ROGERPOITRAS
CLERIS CIRCUIT COURT •~j '
4'72909
%if IuslnrsrerN prrpnrrc~ dy: R. N. Koblegard, III, Esq.
z P. O. Box 1000
Fort Pierce, Florida-33450 c~pp~~st~~
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