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HomeMy WebLinkAbout1918 and shall pe?f orm, rnmply with and abide 6y each and every the agroemenb, attpulatioris, eondlttorra orrd covenants thereof, and of this mor(gape, then this mortgage and the estate herby created, shall cease, de- termine and 6e null and void. - the mortgagor hereby )archer rnvenants and agrees to pay promptly when due•1he prlneipal and interest and other sums of money provided for in said note and this mortgage, or etcher: to pay . all and singular the taxes, asses:meats, levies, liabilities, obligatto?u, and enctunbrartees of every nature on said pro- perty; to permit. commit or suffer no waste, impairment or deterioration o/ said land or the improvements thereon at any time: to keep the buildings now or hereafter on said land fully insured in a sum of not less than R----------- ----FULL INSURABLE YALUE•~~------------------------------~ in a company or companies acceptable fo the mortgagee, the policy or policies to be held by, and payable to, said mortgagee, and in the event any start of money becomes payable 6y virtue of such iruurnnce the mortgagee shall have the right to ?eceive and apply the same to the indebtedness hereby secured, aceounttng to the mortgagor jor any surplice: to pay all costs, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgagee because of the failure of the mortgagor to promptly and lolly comply with the agreements, stipulations, conditions and covenants of said note and thin mortgage. or either; fo perform, comply with and abide 6y each and every the agreements. stipulations. oondittons and covenants set forth in said note and this mortgage a~eifher. In the event the mortgagor /ails to pry 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 for+ecloae or any other right hereunder, and all such payments shall bear interest from date thereof at the highest law- f ul rate `then allowed by the laws of the State of Florida. any sum of money herein referred to be not promptly paid within FIFTEEN Jaya next after the same becomes due, or if each and every the agreements, stipulations, rnndifions and covenants of said note and this mortgage, or either, are not fully performed, complied with and abided 6y, then the entire sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or thereafter, at the option of the mortgagee, become and be due and payable, anything in said note or herein to the con(rary notwithstanding. Failure by the mortgagee fo exercise any of the rights or options herein provided shall not constitute a u~ai~~er of any rights or options under said Hole or this mortgage accrued or thereafter accruing. ~n witness ~heCeof, the said mortgagor {tae hPrettnfo signed and sealed these presents the dry and year first above toritten. - Signed, -s~iilpd ~rtfl dt livered in the resen of : WELC , E HOME$ CONSTRUCTIONS INC. . , " ~,v ~ % ? BY~ EN GUTERL, President ' _ _ r~.. . ~ ~a' . .J i _ STATE OF FLORIDA, 1 ~ '~3 cou~TY OF ST. LUCIE i - . I HEREBY CERTIFY that on this day, ixfore tae, sa i ~ officer duly authorized in the State aforesaid and in the County aforesaid to take ackttowkdgments, personally appeared I ELLEN GUTERL, well known to Tfle to be the President of WELCOME HOMES CONSTRUCTION INC. ~ to me known to be the person dexribed in and who executed the fongoinq instrument and She acknowkdaed I before me that She executed the same. . N'I7:ITESS my hand and official seal in the County and Stair last aforesaid thu 6th day ~ E MAY A. D. l9 8O. I 4'7119 ~ `7- I~~t! f`i ~r 20 Aid ii= 04 1Li~ COt;1?t'S~:c:l Exaires Aug~~st 12, 1980 i g i?l.EC tint) PEC~~6! U i 3tiUClE CC~dHT Y. i t A. 110C~Efi POlTRAS ~Rit ClezC4~1 CONJ/j/~/ = • ROBIENTTE G. OOL~'t;-''~-.~~4iat@~`~~. - Tliu hulnmatd prcprt><'d bftsE Ifr~~r~"!r.;• • ?rgpafed bY' '.~e+s-~~~!/tell{ ~~t••• >'=can Titte Company Aclc~rrxs e: ~::`e County. Inc. as30 D 5 U. S Nig~way BCOX~~ P~1e~~ Port St. tacit:. Florida 3340 _._.__v