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~:
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,1' ' ~ Charles H. McKellar
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E arlotte L. ~McKellar
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~ 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 ~ ,
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_ , ,2~ Notary Public, State of Fla. at Large
~ g~+~ My Commission ecpires : ~~`7 a _
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LUCIE CQUNTY f~•
. - : . ROCER P01TRA= ~
~ ~ CIERK C:ZCUtpT COURT ~ ;
IIECORO YEllIF1E ~ '
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I~ 19 4 ia PM =~o~- bV UI PAYMEM OF tN~Ff
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~~j ~ ~p'1Eft 71•134~ ~ ~ ~ ~ ~
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~ Tl,;s I,urn~n~f,ri p~rp~r~r~~ by: ~x ~
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- BOOK~O PAGE26S9
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