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HomeMy WebLinkAbout2209 - ____.._..1___ _y..________.____... and shall perform, comply with and abide 6y each and every the agreements.:fipulntioni. rnndilions and rnnenants thereo/. and o/ this mortgage, then this mortgage and the estate hereby .created, shall ec~se, d~- fermine and be null and twirl. the . mortgagor Newby further covenants and agrees to pay promptly when dw the principal and interest and other sums of money provided for in saki note and this moNgage, or either: fo pay all and singular the faxes, assessments. levies. liabilities, obligations, and encumbrances of every naftue on said pro- perly; to permit, commit or auf/er no waste, impairment or deterioration of said land or the improwmenb Ihetrcn of any time: to leeep the buildings now or hereof ter on sntd land fully insured to a stun of not 1es, than N/A in a company or companies acceptable to the mortgagee, the policy or policies to 6e held 6y, and payable to, said mortgagee, and in the event any stun of money becomes payable 6y virtue of such irutunnce the mortgagee shall have the right to receive and apply the same to the tndebfedness hereby secured, aceottnttng to the mortgagor for any stupltts; fo pay all co:f:, charges, and expenses. including lawyers fees and title searches, reasonably itcttred or paid by the mortgagee because of the failure of the mortgagor to promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either; fo perform, comply with and abide 6y each and awry the agreements, stipulations, conditions and rnvenanls set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when due any fax, assessment, insurance premium or other sum of money payable 6y 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 hereunder, and all such payments shall bear interest from date thereof ae the highest law- f ul rote then allowed by the laws of the State of Florida. ll arty sum of money herein re/erred fo 6e not promptly paid within 1S days next after the same bernmes due, or if each and every the agreements, stipulations. conditions and rnvenanb of said note and this mortgage, or either, are not fully performed, complied with and abided by, then the entire sum mentioned in said mote, and this mortgage, or the entire balance unpaid thereon. shall forthwith or thereafter, nt the option of the mortgagee, become and be due and payable, anything in said note or herein to the conlmry nolu?ithslartcling. Failure by the mortgagee. to exercise any of the rights or options herein provided shall no! constitute a waiver of arty rights or options under said note or this mortgage accrued or Ihereafler accruing. ~n ~D~~~s ~~~~LS the said mortgagor ltas IIPI'PUnfO slgn~ and SPaI~ these presents fhP day and year lint abot•e torii Si sealed and delit~e in the pres~nre of : _ . ~ WELCOM HOME CON5TRU ION,.: ' • . BY• • - ~ . f t STATE OF FLOkIDA, cnutiTY c~F ST. LUCIE I HEREBY CERTIFY that oo this day, before me, an officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared to me krwwn to lx the person S described in and who executed the fongoinR instrument and they acknowkd~cd Ix•fore me that thgy executed the same. `~~'17:~1ESS my_ hand and official seal in the• County and State last aforesaid this ~1v*~- daY of v ~w•*w~ A. D. 19 80. . . _ NOTARY PUBLIC ` .,R,.....~. ~ . . . MY COMMISSION EXPIRES: ~ ~ . 4131'786 . • ~ - Notary Public, State of Flcrida: a#` ~~t~ ~t ~~.:1^ . My Commission rxpir~s Ifarclt23,?19$C,~ ' . APR. -3 19 4~ , • ~ .'•~'•.i•-l 1 J :o i?,ic p::corul u ~ • ~ C Cp~TY.f411. ~~~MW ,R~Wj~ R BCfOK~~.O PAGE2;~U0 !'lru hurn~,,,cd pa'pmr'd by: PREPARED BY: LINDA SANDERSON .~ili~RSt CHELSEA TITLE & GUARANTY COMPANY 8000 S. U. S. 1, PORT ST. LUCIE. FLORIDA t•i'' : t?ii.'.:~c•:T YIA:, Pi2CFARCO INCIDENTAL .If:~Tt. C Oi" O. 7'T' E li ^URA?:f:E POLICY"