Loading...
HomeMy WebLinkAbout2690 an~ s1~a~I per~orm, comply u~ilh and abide by ench und every fhe agreemenfs, slipu~atioria, condiftons w~ conenants Ihereo/, and oJ fhis mortgaAe, t1~e~ this mortgaae aRd ~hP esfate here6y c?eated, :hall cease, de- termine and E?e null ancl iwid. Ii1L1~ the morlgaflor hen+tiy (uri~e~ couenanfs and agrees to pay promptly when due fhe prtncipul and Interesl and olher sums o~ money provic~ec, for in satd nofe and ftiia mortgoge, or etthe~: fo pay a~~ ond stnflular tl~e ta.res. assessmenls, levies, liabilities, o6liga~ions, and encum6nances of every nature on said pro- perty: fo permit, commil or s~if/er no u~aste, impuirment or deterio?ation o/ said land o~ the improvemenb tl~erecn at any timp; to ~PPp (IIP buildin~s now or herna(ter on said land /ully insured in a sum o~ not leu tl~~~ maximum insurable value in a c•ompany or compariies a~rente6le to t1~e mortgagee, Il~e po~icy o~ policies to be I~eld 6y, and paya6l~ to, said mortgagee, and in the ei~ent any sum o~ money 6ecomes ~xiya6l~ by vi~tue o/ suck insurance tht mortgagee stia~~ hare the rig~t to ?eceive and upply t/~e same to ti~e indebfedness here6y secured, accounftng fo Ihe morfga~or jor any su?p~us; lo pny a~~ cosfs, charges, and expenses, inc~uding ~awyer~s ~ees anc~ lif~e SPAMIlP3, fPaSO/1QbIy incurretl or ~~d by ~hR mortgagee 6ecause o~ t~e jai[cue of the mortgagor fo prompf~r und jully comply with t1~e agreeme?~ls, stipulations, conditions nnd covennnts o( said note and Ihi~ mortgage. or eif{~er; to perform, comply u~ith nn~ a6i~e by eacl~ and every the agreements, sfipu~ations, condilions and covenanfs set (orf{~ in said note and ltiis mortgage or eil~er. ~n the evenl ihe maigagor ~ni~s to pny when due any tax, assessment, insurance premium or other sum o( money poya6le 6y virtue of satd note and this mortgage, or PlI{IP~, tf~e morfgagee may pay the same, wit~out waiving or a~Jecting Ihe option to ~orec~ose or any other rigtit hereunder, nnd alI such payme~ts shnll 6ear interest (rom dnte thereoj at 1he ht9he~t !uw- (u! rate tl~en allou~ed by t/~e !au?s oJ thn State o( Florida. ~l any sum oJ moriey I~erein re(erred to 6e not promplly paid wilhin thirty doys next after tl~e same. 6ecomes due, or i j earh and enery t{~e agreements, stipulations. conditions and covenants oJ said note nnd this mortpage, or eilher, are not Jully perjormed, rnmplied with and ab~ded 6y, Ihen the entire aum mentioned in said note, and this mortgage, or th e entire 6alnnce unpaid tl~ereon, ahall /orthwitf~ or Ihereajter, at t1~~ option o( ihe mortgagee, 6ecome nncl be due nnd pnyable, nnything in anid note or herein to 1{~e contrary notwit~standing. Fai~ure by el~e mortgagee to exercise any oj f~e rtg~ts or opttons ~ereirl proi~ided s{?a~~ not constifufe a waiver o~ any rig{~fs or options under saic~ note or fhis mortgage nccruet~ or I~ereajter accruing. ' ~n ~itness ~hereof~ the said morlgagor hns tiereunto signec~ anc~ sea~ theae presenfs the cray an~ year jirst adone tvriffen. Signed, sealed and deliner~d in t{~e presencQ o~: 1 , ~ ~ ; - - L' ' ' ------1 . .t.::,~.- .r.f,..~- ,1' ' ~ Charles H. McKellar i yV ~ • - - - - - . , ; ~ ,CdS,`~r;~~. ~~~c-~;~"~~----------- -I'~ ~ - ~ - - - - - ~ . . . E arlotte L. ~McKellar , ~ ~ t i ~ 3 x s ~ STATE OF FLORIDA, ~ y COti~TY nF ST. LUCIE ~ I HEREBY CERTIFY that on this day. betore me~ an ~ olficer duly authorizcd in the Stat~ aforesaid and in the County aforesaid to tak~ acknawledqments~ personally appeared ti CHARLES H. McKELLAR and CHAR7~TTE L. McKELLAR, his wife, ~ to me known to be th~ pe•rson S described in and who eaecuted the for~qoinq instrument and thel7 acknowledged ~ be[orc ine that they exccuted the same. ~ ~ i7'NESS my hand and o(ficial xal in thc County and Statc last aforrsaid this ag J day of ~ March A_ D_ 19 72 ~ , ~ ? ~ j ~ 1 , ' . W y • _ " !N ~ _ , ,2~ Notary Public, State of Fla. at Large ~ g~+~ My Commission ecpires : ~~`7 a _ . ~ ~ , - ij LUCIE CQUNTY f~• . - : . ROCER P01TRA= ~ ~ ~ CIERK C:ZCUtpT COURT ~ ; IIECORO YEllIF1E ~ ' 'j I~ 19 4 ia PM =~o~- bV UI PAYMEM OF tN~Ff - ~ ~~rt~?ncis~f ~.~s°uu ~ ~~R~ c ' - p~E pK ~tASS pF ~ ~ ~~j ~ ~p'1Eft 71•134~ ~ ~ ~ ~ ~ >w Q~ ~ ~ Tl,;s I,urn~n~f,ri p~rp~r~r~~ by: ~x ~ r _ Add,rxc i OR ~ - BOOK~O PAGE26S9 _ _ . . _t _