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HomeMy WebLinkAbout0999 ~ and ihall perJornn, comply with nnd a6tde by each and every the ogn~nunta, atipulations, conditioni and covenants t{~e~eoj, and of thts mortgape, t~en ttit~ rreo?lgage and ttie eilafe he~.6y c?eu~fsd, t/~nU cease, dt- termine and 6e null and uotd. IUNi ftie morfga~o~ herv6y juriher covenanb and agreea to pay prompf~p when due tl~e princlpal a~ inter+esl and olher s~ims of money provtded ~or in ~ntd note nnd thia moNgage, or eit~sr; to pay al~ and singu~ar t~e taxea, assessments, ~euies, ~tabi~ities, o6~igaflons, ~d en~wn6m.~, o( eve?~r nniure on aate~ pm- pertq; to perniit, commit or auljer no waate, impairment o~ c~efertorcfio~ o~ aata~ land or tha impro~e~reenb f~?er+ecn at nny firr~e; to Fieep tl~e 6uildings now or herea~ter on ~aid ~and ~uuy truured tn a sum o~ ~ot les~ ~l~an its full insurable value in a comppny or companies nccepta~le to the mo~lgngee, f~a po~icy o~ policies to be held 6y, und pnya6le to, satd mortpagee, ane~ in t~e euent eny sum s~ money 6ecome~ payable 6y virtue bE such inaurance t~ rnortgagee aha~~ have the right lo receive and apply the anme to the inde6lednesa ~ere6y secured, accounting to the mortga~or lor any Jurp~us; fo pny a~~ cosls, charges, and expenaes, inc~uc~tng ~awyer~s fees artd tit~ searchea, reasona6ly incurred or paid by the mortgagee because oj the (ai~tue o~ tke mortgago~ !o pron~pt~r arul («tly ~omPiy with the agreements, stipu~niions, conclitions nnc[ covenanti o( anic~ note ana~ f/~ta mortgage. o~ etthe~; to perjorm, comply with and abide by eac~ Qnd every tf~e agreementa, atipu~atioru, rnrujittons wta~ covenanis aet (ort~ in said note and t~is mortguge or eilher. In the event ihe ntortgagor ~aijs to pay when tlue any taac, assessmPnt, insurance premium or other sum o~ moneq payable by ufrtue o~ salc~ note and thii mortgoge, o~ eithe~, the mortgagee may pay the aame, wit/~out u~niving o~ a~~ecfir~g t~e option to (ore~~o~e o~ any other rigl~t I~ereunc{~e~, and ajI such pnymenta ahall 6ear Intereat jrorn date thereo/ ar rhe hteha.~ !a~- {uI rafe fhen aIlowed by ~he laws of the Stale of Flortda. ~3 any sum o~ money herein r+e~ened to Fie no! prompt~y ~aid wit6in 1~ days next after t~e aame becomes crue, or i~ each anc~ euery t~e agreements, stipulations, ronc~ilions and covenanb oj said note and this mortgage, or either, zre not /ully per/ormed, co~nplied witb and ob~d¢d 6y, then tl~e entire turre mentioned in said aeote, and this mortgnge, or the entire balance unpaid thereon, ahn~I jortF~u~itl~ or lherea~ter, ot tbe option of the rnortgagee. 6ecome and 6e due and paya6le, anything in aaid note o~ he?+ein ~ to the contrury notwithstanding. Failure 6y the mortgagee to exencise any of the rig~ts or options ~erefn provided sha~~ not constitute a waiver of any rig{~ta or options under sait~ note or this mortgage accruecj or t{~ereajler accruing. ~n ~~u`~ t{~e said mortgagor has hereunto aignecl and senled these p?~eaents l1~e c~ay anc~ year (irsf abo~~e wriNen. ~ Signed, sen[ed and delinered in the presence oJ: ~ ~ ~ ---~I~~'-~-.~---- ; , William Weldon, a single adult : ~~11~iii• -e..J~/~~r~!!~Q..---•- - - 4 ~ ~J = ~ i ; . STATE OF FLORIDA, ~ COUNTY OF ST. LUCIE I HEREBY CERTIFY that on this day~ be[orc me, an officer duly authorized in the State a(oresaid and in the County aforeuid to tak~ acknowledgmenu, penonally appeared WILLIAM WELDON, a single adult to me known to bc thc penon a~xri~a in and who executed the (or~going instrument and Whp acknowkdged before me that he executed the saaee. WI7'NESS my hand and o[ficia! seal in thc County and State last aforesaid thi: ~Q•~ ~ ~aar d FebruaryP. n. ~9 86. . ~ . . - . . : _ - , ~ ~ . -~---..~'K_ ~~,~~s Notary Public - My commission expiregc''.12-~-87 ' ~ ~ 19 P2 :09 ' . ~r~fo ~~x~: ,-:~~.:;;,zu ROGFR P01 t r• K:~,i, ~ ERK ST. LUCIE Cour~; r. ~t. T7iu Inrtrumerr~ prrparrd by: R. N. Koblegard, III, Esq. P. o. BoX ~ooo aoo~ 498 PAGE 998 ~dd~ Ft. Pierce, FL 33454 , _ _ . ~ _ . ~ y