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HomeMy WebLinkAbout1630 .,...r.__._._ and shall perform, comply with oral abide by each and every the agr+sements, sttpulatiaia, cortditiorts and cotenants ths?eoj, and of ih:s morlgape, then thi, mortgage and the state heroby croated, shall cswe, de- termine and 6e null and twirl. the moHgagor Newby further covenants and agroea to pay promptly when des the p?tnNpal and inferesl and other sums of money provided for to ,aid note and Ih4 mortgage. or tither: to pay au and singular the taxes. osst:sments, levies. UabtUttei, obligations. and encumbroncn of every nature on said pro- - perty; fo pennif, rnmmif or suffer no waste. impairment or dettriorofion of said land or the lmprowmenb ther+ecn at any lime; fo leAep th• 6ufldings now or herrajter on said land fully lruurod In a sum of not• Itss than n1~ in a rnmpany or companies aceepfnble fo the ntorfgngee. the policy or policies !o be held by. and payable to, said morlgagse, and in the event any sum of money becomee payable by vtrtw of such irtstrr+artcs Ilte mortgagee shall hates the right to receive oral apply the same b the indebtedness heroby secw+td, accounting to the mortgagor for any sttrplus; to pay all cwb, charges, and expenses. including lawyer i fees and' titb searches, reasonably, incurred or paid 6y the mortgagee becaws of the jatluro of the mortgagor fo promptly and fully comply with the agroemenls, stipulations, rnndtttons and eownanb of said note and this mortgage, - or either: to perfo?m, comply with and abide 6y each and every the~ogroerrtents. stipulations, conditions and covenants set- forth to said Hole and this moNgage or either. In 'the event the mortgagor jaib to pay when due any fax, assessment. Insurance promium or other rum 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 b joeclose or any other right hereunder, and all such paymenb shall bear interost front date theraof at the highest law- . jul rate lhen allowed by the laws of the State of Florida. ~ ~I any sum of money herein re(emed to be not promptly paid within 30 days next offer the same becomes due, or ij each and every the agroements, stipulations. eondttions and covenanb of said note and this mortgage, or either, are not fully perjonrted, complied with and abided 6y, then the entiro sum mentioned in said note, and this mortgage, or the entire balance unpaid fhertaon, shall forthwith or thereafter. of the option of the moNgagee. become and 6e due and payable. anything in saki note or herein to the contrary notwifhslanding. Failure by the mortgagee fo exercise any of the righb or options -herein provided shall not constitute a u?aiver of any righb or options under said note or fhb mortgagt accTtsed or thereafter accruing. - ~n ~~CE~f, the said mortgagor has herrunto signed and sealed these .prr~tl;the day and year first above tvriffen. ~y~.~a~+~uiq~;~~ WE E HOM NS UCT ~ ,ir?~!~'~"~' g s and ' ~ercd in the presence of: ~ ••°~r. :rte ~ r~ r .aS~.! i,. ~ r_, is ~ - - ' ~ ..........................................:...i~~...... I, ~ . ; Ii I yid F I - ' STATE OF FLORIDA, couNTY of ST. LUCTE • I HEREBY CERTIFY that on thu day, before me, so officer duly authorittd in the Statc aforesaid and in the County aforesaid to take acknowledgmenEs, personally appeared ' WELCOME HOMES CONSTRUCTION, INC. • to me known to be the person desrn'bed in and who executed the foregoi~ instrument sad acknowkdaed txforc me that tuecuted the same. WITNESS my band and official seal in the County and State last afonesaid this day of _ " V A. D. ~ 1988. : ~ ,~t,.tu.~uu.,,,~ - NOTARY PUBLIC .:~,,r~'' ' MY COMMISSION EXPIRES : = = ~ t 70 • ~ 2S ~ ~ ~ ~ S8 Notary PubCq,~ .Sts ~ .Florida a1Qd; ;ao commi::ioa Fn Arc FFpF~j to ; ~'1~0 N , POIT AS . . r. QitiMI Cflit;lllT l~UR ~ .y,~ c' ' 3. g ~ 494p41 ' ~r-~ t~1p 11r SI4N~EQ~N PREPARED ©Y CHELSEA TITLE & GUARANTY (',GA4Fi.`~~ '!'liu Irtsfranuul prrpaa'd i3y: 8512 S U.S. t P~r7T ST LLC'E. FLORIDA "4`n:!C'-I INSTRl:1'•E.`:T 4"1G.S FFEflA+?~'Z :•`;iii i~T~AL TO THG /~l~l~R'Xf Ylni i I~JG CiF ,1 717Lc IN3U~i.I~CE {%(}LICI'." I - X3;35 P1~i62~3