HomeMy WebLinkAbout2702 and shall perjorm, comply u~ttl~ ond a6ide 6y soci~ and eue?y the agnemanta, slipulations, conditions and
covenants thereo/, and o( lbis mo?tgage, l~en thts To?t~age und tl~e eitate heneby rnaated, shal~ ceass. de-
tern~ine and 6a nuH ond noid. ~
7i!!R 1~p niwtgagor hewby jurther eouenanis ancj agreea to paY pron~ptly when d~s priracipal and
inleresf anc~ ot~er sums of rnoney prooided jo? in s~:~ note ared fhea neortgage, w e~fti~r; ' pop a~~ and
singular fhe taxe~, assessments, Ievies. liabilities, oblteations, and sncumbronce! o/ suery nut said pro-
perty: fo perr?iil, commit or su~~er no u~aste, impalrmen! or c~eterioration o~ ~a~d bad or the iniprovewun4
tleereon ot any Iime: to ~ppp the 6uildings nou~ or 6er~~ter on =a~d land (ully ~nsu?~+d jn a auni o~ not leis
lhan ~
in a rompaay o~ c-anipanies accn ia6~e to !he mort a ee, fhe ~ - -~-~•••~1~V
P A 9 Pu ~cY or ~~u~.:s~
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to. aoid mortga~ee, and in tRe? euent any sum oJ money becomes Poyo61~ 6y virtue oj sucl~ tnsuranc~t tbe
mortga~Pp ahall hane the rigl~t to ?PCRIVP and apply tF~e same to 1he indebtedness hereby secwed, aceotanting
fo I~e morfga~lor (or anv swp~us; to poy n(( costs. c~arges, anc~ expenses. including ~awyer~a ~eea ond (it~e
searcF~PS. rnasonahly incunpc~ or paid by t~~p mortgagee becnuse o( the jetlure o/ tl~e mortgagor to promptlr
nncl (ully co~ply wif~ fhe nprermenfs, sfipu~ations, concrifio?u unc~ covenants oJ said note and tl~is rnortgnpe.
or eiftier; fo pe?~orm, compjy wif~ an~ abic~e ~y enc~ nnd eUery !he a~reemenb, atipu~alions, conditio?u and
coi~enanfs sef ~or!{~ in saed nofe QRd i{iis mortguge or eiftier. /n f~e evenf t{~e mortgagor fai~s !o pny wken
due anp fox, essessi»ent, insurunce prencium or ot{~er sum o~ ~no~ey puya6Ge bp utrfue o~ said note and this
morlga~e, or Pit~er, Ih~ mortgagec~ may pay Itie samp, without woiuing o~ a~~ecfing the option to f
orrc~oae
or anv oiher rig{~t I~erPUncler, antl aII sur{e payments shall bear internst Jrom dnte thereoJ af tlu highest lau~-
(u~ rafP f~u~n a~~owet~ tiy fhe ~aurs oj f~~~ $iule o~ F~ori~a.
i` any sum o1 .ROnPy h~p~?~ rF~PKP~ fo I~e not prornplly puid u~ilkiri ~ll~ty ~~y~ ~~f~
ihe same bcK-omes due, or if ench ~nd ee~ery the agr~?emenls, stipu~ationa. condifions antl ooaerturets of suid
note and t{~is tnorigage. or eii~~er, are no1 f u~ly perf
ormed, c~~npGed u~itl~ and a6ided 6y, t1?ett t~te entire
aum mentionetl in said note. and this mortguge, or the enti?+e balnnce unpnid therron, ahall /ort6witl~ or
thereaJl~, ot the oplion oJ tl~e mo?tgagee, become and 6e due ond pnya6le, anyt~ing in said note or herein
fo fhe confrary nofu~ill~stnnc~inp. I'ailurp (~y f~e mortgagee to exerrise pny o~ the righta o~ opHotu {~erein
proi~irlw~ s~a~~ nof CApSIlIl1IP n u~aii~pr o~ ~ny ri~~is or options under said nolp or this mwtgage actneet~ or
~~MPO~~P/' (1fCrU1pQ.
sn w~Lll~ ~~i~~`~ tlie~ said mortqagor feas hereunto signed and sealed thrse pn~sents !hp
t~oy an~ y~ar (irsf a~~one u~rilfen.
$~gn~~a~p~ und dP~ir~r~ in fhp PIPlPrtl'P o~: ~
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STATE OF FLC)R1DA, ~
CC~L'NTY Ofi $t, Lucie
I HEREBY CERTIF;' that on this day, beforr me, an
officer duly authoriz~d in the Stat~ afomaid and i~ th~ County a(ortsaid to tak~ acknowledRm~nts, personally appeared
Charles H. McKellar and Charlotte L. McKellar his wife
to m~ kn~wn to br the pcnon g described in and who executed th~ (or~RoinR instrumrnt and they a~k~O""~6~
befor~ me that the y caecuted tbe same.
WIT~ESS my. nand and of(icial xa! in thr Countv and SWtc last afor~uid this l8th ~Y a(
January f~A. D. 19 72
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FILED '~HD ~E~ORDED J A M~f S R. {~R I1 ~ E~~ARY vU6~~C. STATL ol FL46fDA
S7.lUCt~ COUNTY fLA. CO~tMISStO~ EXPlB~S Sii.=,'y~f~ 14I4
RQC % RAS R!gI _ ~ ~ lOND[D TMItY N~~~r+wn •!~!~!/~~s+
c~F~K . :~;;~T cou_ RT r_ 46' ' .^3 .
ac~na- v c ~ ~~0 ,i, ~ -
. 125 South U.S. ~ I-i ~rt Pierce, Fla. .
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~ l~ $ 3~ ~ Cor. Ge~r, ia A~enue ~ o ~ - ~ -
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