HomeMy WebLinkAbout0986 and thnl~ per(orm, comply wtl1~ and a6tde 6y euch and ec~ery t~e agrefinenti, atipu~atloria, c~onditions nnd
covenants the?eof, and oJ tkls mortgaAe, t1?en t~is mwtgagn and ihe estats h~by crented, ~I~nII eeaas, dt-
fern?tne and be nsi~~ anc~ votd.
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nlifa the mortgagor hereby f urfhe~ covenanh and ag?+ees to pay promptly when dw t~t principal and
inte~esi and of~er sums o( money pro~fded Jor tn salc~ note und ftib mortgage, or elther; to pay all and
dngu~ar t~e faxea, assessmenla, ~eulcs, ~iabt~ifies, ob~igations, and encu.m~nw~ces of every nature an aaid pro-
perty: to permit. commit or suf~er no waste, impairmertt o~ c~eterforatton o` satd ~and or I~e intproverreenb
ilterecn at nny time; io keep the buildings now or ?~eren~ler on said land jullr insured in a aum oj not Ieu
than FUI,L INSURABLE VALUE
in a company or companies occeptab~e to t~e morlgagee, fhe po~tcy or po~Icies to be ~+e~ bq, and puyable
to, said rrwrtgagee, nnc~ in the event any sum o~ money becomes ~yabl~ 6y virtue b~ auch iruurance ttit
mortgagee ~ha~~ have ihe rtght to receive and apply !ke same to the inde5tedneas ~ere6r aecured, aceounting
to t~e morfgagor for nny surplus: to pay nl~ costs, c~arges, anc~ expenses, inc~udtng lawyers ~ees nnd tlt~e
aearches, reasona6ly incwred or ~~d by rhe mortgagee 6ecnuse o) the jailure oJ the mortgagor to promptly
nnd (u~~y comply wil~ the agreemenls, stipu~olions, conc~tltons and eovenunts oJ aaid note nnd thit ~nortgagt,
or eit~er: !o perform, rnmply with nnd nbtde 6y each nnd every the ag?eemenb, itipujafions, conditions wtd
covenants set (orf/~ in anid note and thia moifgage or eit~er. ~n the event the niorlgagor ~ai~s to pay when
due any tax, assessment, insurance prerrEium or ot~er aum o( money payable 6y virtue o( said note nnd tl~is
mortgage, or either. !~e mortgagee may ~y tl~e same, u~ithout watutng or nf(ectt?eg t{~e option i9 forecloie
or any oll~e~ right I~ereunder, and aII sucF~ paymonts si~aU benr ~ntere~t jrom date ther~eoj at the ~igheat lau~-
(ul rate tF~en attowed 6y ~i?e Iawa o( tF~e State o( F[oRda.
~L any sum oJ monpy herein re~errec~ lo be not prompt~y paicl within FIF'TEEN (15)dayi next u~ter
the aame 6ecomes duP, or iJ eac1~ and Query the agreements, stipujations, condiliona and coi+enants o~ safd
note and t~i~ mortgafle, or eitf?er, are not (u~ly per~ormed, co?np~ieec~ with and abided 6y, then the entire
aum mentioned in aaid note, and l~ia mortgage, or the entire balance unpoid the?~eon, shall /orthwith or
t~erenfter, nt f{~~ option of t1~e mortgagee, become and 6e d~ and ~yabi~, anqt~ing in anid note or herein
to the contrary notwifhstnnding. Fai~ure by the rnor~gagee to exercise any of t{~e eig~?t~ or optfons ~e~+ein
pro~ided s~a~~ not consfilute a waiver o~ any righfs or opfion~ under said nole or f~iis morfgage accrue~ or
t~erea~ler accruing.
7n ~~~~s ~~~~1~ Ihe said mortgagor I~ns f~ereunfo signed and sealed lhese p~esentt the
day anc~ year ~irst n6one u~rilten.
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Signed, sealed and deli~~ ed in Ihe presence o~: ~
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; ~ LLIAj~ F~ C~T
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: RH(7NDA L . Vd2IC~T
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G' STATE OF FLORIDA, ~
~ COL'NTY C~F ST. LUCIE ~
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I HEREBY CERTIFY that on this day, before me, an
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officer duly authorized in the Stat~ aforesaid and in the County aforesaid to takr acknowledgments, pessonally apptaced
VJILLIAM F. i++H2IGHT and RElONDA L. WRIGHT, his wifer
to me known to b~ the persong de~cribed in and who eaecuted the (oregoinq instrument and ~h~y ac'tnowiedged
beforc me that they cxccuted the same.
~ H'I1:~iESS my hand and official seal in !he County and Statc last aforesaid this '~j/ day o[
~ June A. D. 19 86.
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~t:i(!N EXP. MAY 15.198f ~d
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'85 J',:': 11 A'~~ :12
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T7ru I,ur,~r~»~c»r p~epared by: k 503 9~5
_ ndd~~ Chaxles R. P. Bramr Esquire ~OOK F,~G~
P. O. Box 1418
/DL Fort Yierce, Florida 33454
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