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HomeMy WebLinkAbout1594 and ~hall perjorm, comply wlth and a6td~ by eac6 and every tlw oAnsmenb, atipulattons, coru~itbna and core~ants thereoj, and o~ lhia mortgage, then this mortgu~v and el~• aen~. henby c~.aeed. ~hall cew~. dt- ~erntine and be null and vold. ~Ild ~he mor~go~ 6..~by j„rt~er cou~asa a~d oA~+.e. io vay r+?oms?ily wk.R dw ek. p+~nctr,nl and interest and ot~er aums o~ money pronldecl jor in saicl note a?~ th4 mortBaB~+ or NthK: to poy aU and atneular the taxes, auessments, leniei. Uabilittes, obitgat~o~u. nr~d ~rnbrancai oj ec~? natu~t on ~nid P~'o- perty: fo permit, commtt or su)~er no u~mte, tmpairment or c~etertor+atton of sald ~and or f~e iRtproveme~b fhereon at any time; to lreep the 6uildtngs now or he~rajter on aaid land juuy insurec~ in a aum oj not ~ess than NO11A and PaYa~i~t tn a company or c~ompanies acoeptab~e to t~e n~orlgnAee. fhe po~icp or Poitcie+ eo 6e heW by. to. aaid mortgagee. artd in t~e event any sum of money becomes para6le br virtue of auch in~w~°?u~ ~~e nwreg~ee ahaU ha~e ehe r~9h~ io ~cei~e ~d ~ply ~he same eo tke ~debted?~as he~ebr secw+ed. ao~ow~rt~ to the mortgagor f or ony swp~ua: to pay aU ooab. cl~argea. and exp~nse+. inc~9 bw~ ~ f ea ond tit~e aearcT~es, ?easona6ly incurred or paid 6y the mortgagee beoawe of the ~ai~ure of tlie morlgaAor to prompt~l ~d jully rnmply wltk the agreementa. atipulations. oo.~ditto~s a.~d oo~enants of ,atd .w~e and ti~ta Mo.teae•. or eifher; to per(orm. c~omply witk and a6ide by each and every !he n9~+eemenb. stipu~attona. c+onditions and - couenants set ~orth in said note and thts mortgage or eithen In the event the mortgaeor jaib to par wiun due anq tax. assessment. insurance premtum or ot1~e' aum o( ~ee~? ~~6~ 6r ~tu. oj satc~ rwte and this rnortgage, o~ either. the mortgages may pny f~e tame. without waiuing or af~ecting the option to ~or+ec~ose or any other r~ght 6e?eunder, and all such paymenta a1~nl! bea~ tnter+est jroen date tiier~eof at the kigl~est lnw- ~ul rate lhen allowed 6y fhe laws oj the Stnte o/ Florida any aum o~ monep 1~eretn rere~ to Ge not promptly paid withtn }fii=~ da7n t~ext after tbe same beoomes o~ue, or il ench arul eve~? t~e ngreen~enb. atipu~ationa, c~ondittoru and c~oaenanta of sa1c~ note and this mortgage, or either. are not f uuy pe~ormed. oon+p~ with and a6td.d by. then the entire sum mentioned in said note, and this mortgage. or the entir+a ba~an~e unpnid t~ereo~. s~ jo~t~uith or thereajter, at the option o/ tl~e morlgagee. beeome and 6e due and payn6le. unJ?thin9 in sa~d ~ot~'a l~in to tbe c~onhnry notwitiutanding. Fatlw+e by the mortgagee to exer+ciae any o/ the rigTib or opHons he++ein provided s6all not eonatitute a wainer of a?~y righb or options wtder saic~ note or this mortgage ~crued w thereajter accruing. ~ . ~n ~itness ~~hertof~ t/~e said mortgapor has ~ereunto signed and sea~ theie prosents the day and year f i?st a~ione written. Si ed sea[ed and the presence oj: ` ~ __~~.1.~C._~? . _t. ~ q ~ - . ck L. n - - - - - _ . - - - - - - - : Na D. McGowan ' ; ' ; ; . STATE OF FLORIDA, ~ cou~r oF sT. I,cJCIB . I HEREBY CERTIFY thac on t6is day, before me~ an ofCcer duly authorized in t6e Sute afomaid and in the County aforesaid w take acknowkdamenb. penonally appeared JACK L. McGOWAN and NANCY D. McGO~WAN, hie wife, to rae known to be the perso~ daviibed in and wbo executed the fore~oiig inwumeat u?d acknowkdsed before me t6~ac they e~cecaced c6e same. _ WITNESS my hand aad otficial :eal in the CountY and Sate last a(oresaid this day of . A~ } ~ A. D. 19 67 . . _ . ~ ~ ~ ~~~~~~~ut~ti?tr~~ - ~ ` ~ ` ~ ~'~i ` ; ~ • ~ . ~ . . • ~ i~ , . . _ . ~ : • ~i'~, Notary Public, 3ta~e of Florida : ,pT r' f~ FIlEO AND RECOROED At Large - ; = ST. LUCIE COUNTY. F~• = 's - • _ ~ pECORD VERIFtEO My Commisaion Sxplres: /O~~`i'd :w- ' 3 ~ ~ v a ; i58'70 f: • * ~ ~ ' '61 AUG ~ PN ~ : 0~ i r ~ ~ ` ~~~j~t:i~.l':<<~~` ~ ~;OG~R P0ITRAS ~ CLERK CIRCUIT COUR7 r g~K~,s~ PACE1594 . ~ _ - . - . ~ ~ ° ~ ; _ _ - - - - . ~ ~ ;s