HomeMy WebLinkAbout2692 _ ___r.._.._._-_.______~ .
- and shall ~ _ • ' ~ ` ebtde 6y .och and ev«~? the aOnewtent, stiptafaetoris, oondtttoru and
~ .
eorwtanb shore. and of fftb mortgaA.. then thL a~ortgaQe a~ the estate Iw~6r created. ahaA s+eose. de-
termine and be null and void. -
~IIII! the mortgagor hertbr further cotrerts?tts and agrea to pay prontptlr tultet~ dw the prirttiipal and
interest and other sum, of money drovtded jtx to mid nob and th4 mo?tgape. ar Nther; to par aU and
singular the taxe3. assessment, levies. liabilities. obkgntions, and ertcumbrortcw of every nater+e on mid pro-
perty: fo per?ttit. commit or suffer no waste. tmpatrmatt or deterioration of said land or the i?nprowment -
thencn at any time: to beep the buildings now or harajfer on said land jtaUy insured to a stun of not less
elta?t its insurable value
to a nompany or companies -acceptable to the mortgagee. Ilse po~ic~r -or policies to 6e held by. and paysbb
- -to, mid mortgagee, and to the event nny sum of money becomes payable 6y ufrtw aj such instrrana the .
mortgagee shall have the right to receive and apply the same to the Indebtedness hereby secured, aooounting -
to the mortgagor (or any surplus: to pay all cost, charges. at[d expenses, including lawyer's jets and title
searches, reasonably Incurred or paid 6y the mortgagee 6ecnuse of the jailur+e of the mortgaE;~ to• promptly
and /ally eomply.with the agrg+etnent, stipulation:, conditions and covenants of mid mote and this mortgage. -
or either; fo perform. comply with and abide 6y each and every the agreement, stipulntions. eonditions arsd
covenants aet forth in said note and tht morggoge or either. In the event the mortgagor /ails to pay when
due any fax, assessment,. iruurance premium or other sum of money- pnpable 6y virtue aj mid note and this
mortgage, or either, the mortgagee may pay the same. without waiving or affecting the option to jor+ecloae
or any other right hereunder, and all ouch payment shall bear interest from date tl<ervoj at-the highest- law-
f ul rate then allowed by the laws of the State of Florida. -
- ~ ~l any sum of money herein re(emed to bt not promptly paid within 30 days . n#xt ojter _
the mme becomes due, or ij each and every the agreements, stipulations, rnndittons and eovenants of mid -
note and this mortgage, or either, are not fully perjon?ted, complied with and abided 6y, then die entire-
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall- forthwith or
thereafter, at the option of the m_ ortgngee, 6econte and be. due and payable. anything in mid note or herein
to the contrary notuithstarding. Failure by the mortgagee !o exercise any of the right or options. herein
provided shall not rnnsfitttte. a waiver of any r[ghls or options under said note or this mortgage accrued or
th~eaf
ter acrning.
- ~n ~~`s 1he sad mortgagor has hereunto signed and sealed these present the
- day and year first above written. ~ R
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Sig an d~lit /t'n ence oj: _ ` - -
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_ INS , INC . : - s r r
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- CMW DEVELOPMENT CORPO TtON
STATE OF FLORIDA,
COUNTY DF ST . LUCIE I HEREBY CERTIFY that on this day. ,before mr, as
o[ficer duly authorized in -the State aforesaid and in the County aforesaid to take ackaowkdgments, personalty appeared
DAVID A. WOODCOCK, JR. and WILLIAM R. CAVITY -
to me known to be tie persor.S desrn'bedtin grid who executed the [oregoing instrument aad thg3/ acknowledsed
before me that they - rxecuted the same. - - . - . ` -
WITNESS my hand aad o[6cial seal is the County and State last aforesaid this 28th.. ~
-January A. D. l9 80 b:7~1'J~g
- 1~,.
.
~ - Notary blic, Sta~~ ~`t
- at Larg ` o ' ~
yy
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My cvmin~j~ ion a ;p ir~i~vb,
1 ~ ~r
~MSS1t1M
Tliti Instnimcnt prrprtmd by: OSeORNE WALKER O'QUINN
ATTORNEY AT LAW
Addrtc -POST OFFICE BOX 4341 p~ e~t~ ~~+?pppp -
FT. PIERCE Ft:OWDA 33460 ll~K~~ PAftE~?~~Q~
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