HomeMy WebLinkAbout1694and shall perform, comply with and abide 6y each and et-ery the agreements, stipulations, conditions and
rnvenants thereof. and of this mortgage. then this mortgage and the estate hereby croated, shall eecue. de-
termine and 6a null and void.
the mortgagor hen:by further covenants and agroes to pay promptly when dw the principal and
interest and other sums of money provided for in said note and this mortgage, or either: to pay nU and
singular the taxes, assessments, levies. liabilities. obligations, and encumbrances of every nature on said pro-
perly: fo permit, commit or suffer no waste, impairment or detertorotion of said Iwtd or the improvements
thereon at any time: to keep the buildings now or hereafter on said land fully instued to a sum of not less
than 11:11 insurable value
in a company or rnmpantes acceptable to the mortgagee. the poltcy or policies to be held 6y, and payable
to, said mortgagee. and in the event any sum of money becomes payable by virtue of such insurance the
mortgagee shall have the right to receive and apply the same to the indebtedness hereby secured, aoeotuttirtg
to the mortgagor for any aurplw: to pay all cosh. charges. and expenses. including lawyer i f ea and title
searches. reasonably tncttrred or paid by the mortgagee because of the failuro of the mortgagor to promptly
and fully comply with the agreements. stipulations, conditions and covenants of said note and this mortgage,
or either; to perform. comply with and abide 6y each and every the agreerrtenes. stipulations. conditions and
covenants set forth [n said note and this mortgage or either. In the event the mortgagor falls to pay when
due any tax, assessment, insurance premium or other sum of money payable 6y virtue of said note and this
mortgage, or either. the mortgagee may pay the same, without waiving or of f ecting the option to foreclose
or any other right hereunder, and nlI such payments shall bear interest from date thereof at the highest lnw-
(ul rate then allowed by the Laws of the State of Florida.
~` any sum of money herein referred to bg not promptly paid within th~i'ty days next after
the same becomes due, or if each and every the agreements. stipulations, conditions and covenants of sold
note and this mortgage, or either, are not fully pert onrted, -complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, :hall forthwith or
thereafter. nt the option of the mortgagee. become and be due and payable. anything in said note or herein
to the contrary notwithstanding. Failure by the mortgagee to exercLe any of the rights or options herein
provided shall not constitute n waiver of any rights or options under said note or this mortgage necnted or
thereafter accruing.
~Il ~~ttttSS ~~Of, the said mortgagor has hereunto signed and sealed these presents the
day and year tint above written.
Sign ,sealed and delivered in the presence of : I
. f~ I
~.J _..._............_....__........... _..........
_..~
.......................................................................................................... _.......... _............................................. _......
STATE OF FWRIDA,
couNTY of II®Il~A RIV~t
I HEREBY CERTIFY that on this day. before me, an
officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeared
M. 8. McColltnas s single person
to me known to be the person described in and who executed the [orcgoing instrument and 1Ele acknowledged
be[ore me that ~ executed the same.
WITNESS my hand and official seal is the County and State last a[oresaid this ~$ day of
AUglaBt A. D. 19 (9~ _
~~
'•r,
~~.;~ .~
.,~.., .
rotary Publics State & County aforesaid.
Netar~ P.hic, St+te of Rorie at laxgt
~ Co~ttnissioaQ t3apires:_~ [as~sio. EYni.« t... ~~_ 1973
sos.e ar ~•mw. n. a c..++r c.,
FILEO AND RECOROEO
ST, LUCIE COUNTY, FLA.
182344
'69 ~t~1; 2 8 AM 9: 0 9
~"'-~I
T1ra ru~R,,,,a,~ prpmra by:
Addicts T-+IS INSTnuMENr ww~ PaEPAREO ay CLERK CIRCUIT COURT
M. S. MKOLLUM, ATTORNEY,IIT-LJ-W ~ R •..
2121 ~ 14th AVENUE tsooK ~ f 9 PAfiE169
VERO 6EJ1CH, FWRIti11 2j