HomeMy WebLinkAbout1543 ~nd shall perJorm, comply with and a6ide by eac•h and et~ery tT~e agreements, sfipulations, conditiont and
coi~enants thereoj, and a) this morfgage. Il~en tl~is morfgage and the e:tate {~ere6y cvealed, sl~all cea:s, de-
termine nnd 6e null and iroid.
Ii~ ftiP morf~ac~or hernby (urther covenants anc~ ag?eea to pay promplly wI?en c~ue fhe principal a?~
internst and ottier sums o~ money provided /or in saia note and fhts mo~fgoge, or either; fo pay aj~ und
singulnr fhe Inxes, assessments, levies, lia6ilities, o6ligafions, and encum6ronces o( every nulure on said pro-
perly: fo pe?mii, commlt or su~~er ~o waste, impnirmenf o~ deferioration o~ sotd bnd or Ihe improvements
tl~ereon at any time; 10 leeep the buildings now o~ herea(ter on snid lund /ully insured in a sum o) not less
than tt,j11, 3n8~a'dble yd~,Ue
in a eompany or compnnies acceptu6le to the mo~lgagee, the policy o~ policie~ to 6e held 6y, and payn6le
to, saic~ mortgagee, and in ttie euenf any sum o~ monep becomes Poyo6l~ 6y vi?tue o~ sucti insurance the
morlgagee shall I~ave ihe rig~t to receive and apply t1~e same to 11?e inde6tedness f~ere6y aecured, uecounfing .
to the mortgapor (or any surplus; to pay ul1 costs, charges, and expensea, including lawyer's jees ond tille
searchps, reasona6ly incurrecl or paid 6y tl~e mortgagee 6ecause oJ the (ailure o/ tf~e moAgagor to prompilr
and Ju~~y comp~y wif/~ ftie agreemenfs, stipu~nttons, conditions und rnuenanfs o( soid nofe ane~ t~is morlgage.
or eitber; to perJarm, comply with and a6ide by each and euery the agreements, stipulaltor~s, eonditions und
rni~enanfs set fortl~ in said note and tl~is mortga9e or eitl~er. ?n the euent tl?e morlgagor /aib to pny wi~en ~
d~ any twc, assessmenl, insurance premium or otl~er sum o/ money pnya6le 6y virtue oJ said note nnd Il~is
mortgage, or either, ftie morfgagee mny pay f/~e same, without tuai~ing or a~~ecfing fhe option fo jorec[ose
or any ot6er rigl~t F~ereunder, and all such payments shall 6ear interest /rom date thereoj nt tke highest luu~-
(uI rate Ihen a~lowed by tF~e ~aws oj fl~e S~ate o~ Florida.
any sum o~ money herein rp(ened fo 6e not promptly paid within 't~1~.1"t3T days next a~ler
t6p same 6ecomes tlue, or ij eacf? and euery the agreements, stipulations, conditions and couereanls oJ said
nole and Ihis morfgage. .or eitl~er, are not Jully perjormed, complied wit{~ nnd a6ided by, t1~en Ihe entire
sum mentioned in snid note, and tl~is mortgage, o~ Ihe entire balanoe unpaid tl~ereon, stinll /orthwit6 or
t{~ereajter, at f6e option o( IF~e mortgagee, 6ec~ome and 6e due nnd paya6le, anqfl~ing in snid note or herein
lo t~e conlrary notwitf~slanding. Fnilure 6y the morfgagee fo exerrise nny nf the rig{~ts or options herein
pronicrecl shall not constifute a u~nirer o~ any rig~ts or opfions under said nofp o~ ftiis morfAnge acc7ued or
therea f ter acc?uing. -
~n ~~lll~s ~hereof~ f~e said mortqagor has {~ereunto signed and senle~l these presenls the ~
~ay an~ ypar ~irst nhove wriflen. '
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Sign s~a~ed 1111~ ~PIIDP~P~ in t~e p?esence of : ~
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STATE OF FLORIDA, ~ ~
COU:VTY OF ~jgn ~pigr ;
I HEREBY CERTIFY that on this day~ beforc mq a~ ~
of(icer dul~ authurized in the Stat~ a(oresaid and in the County atoresaid to tak~ acknowledgments~ penonally appeared
b1. S. McCallt~n ~ a singLe person
to me known to b~ the person dcscribed in and who executed the (orcqoing instrument and he acknowkdged
~ before me that ~]@ cx~cuted the same.
~ WITIESS my hand and of(icial seal in the County and State last aforesaid this 5}'~ day of
~ A. D. 19(y9~
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~ ~ ' ` Nofi.ary Ppb1iC ~ StBte 8Dd Cotmty
~ , - • - - afaa~esaid.
, _ l~ Cca~nissia~t e~pires• Jtme 27, 1973 ~
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> ' FILEO AND RECOROEO~
S7. LUCIE COUNTY. FLA.
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~ 186`731
~ Thit Lu~rrnnc~r~ pnpnrcr~ ly: ~~9 8 PM 2. 3~
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~ ~ TNIS ItvSTRUMENT WqS PRfPAREp 8Y
~ M.S. MctCLIUM, ATTORN£Y-I1T-U1W
I~ 2121 - 1~fh AVE?vUE -~t~Gt_n i'OITRt~S
~ ' v~o s~+cr+, FLORID/1 ~ K r~ CLERK CIRCUIT COURT ~
. BOOK PAGE~S~J l
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