HomeMy WebLinkAbout1310 and shaU perform. compl~ i antl o1~~Cle Ly cucli an~l cucry the u~;r~ ~~~is. ~ti~uJ~tions. conditions and
covenants the?eo/, ond o/ th~i~ort~;aKe, ehen thia »io~t~;a~;P o~ul tlee cs c hcreby created, ahall cease, de-
termine u~xl bs nuA and notc~.
~;wi.b::gvr hereby further cooenonts and agrees to pay promNtly when due the princtpal and
fnterest and other sums of money provicied for tn sajd note and thta mortgage, or either; to pay ail and
singular the iaxes, assessments, teuiss, liaGilities, oblibations, orul encumbrances of euery nature on sald pro}~-
erty; to permit, commit or su~er no u;aste, impotrment or deterioration of said lnnci or the improvements
thereon ot any time; to keep the buildings now or hereajter on said land fuUy i?u~red in a sum of not less
than
in u oompany or componies acceptable to the mortga~ee, the policy or policies to be heki by, ond payable
to, suict »wrJgagee, orul tn the eoent any sum of money lieco»ies payable by virtue of such insurance ihe
mortgagee shall hane the right to reoeive and opply the saine to the indebtedness hereby secured{ accounting
to the mortgagor for any sur~lus; io pay al! costs, charges, axl ex~enses, tncluding lawyers fees urul t#Ie
searehes, ieasonably ineurred or paid I~y the mortgugee because of the failure ~of ihe mortgagor to promptly
and fuUy comply with the agneements, stipulations, conditioru and eooenants of saicl note a?uI ihis mortgage,
or either; to perform, comply with and al~ide by each and eoery ehe agreements, stipulations, conditions and
covenants set forth in snid note and ihis mortgage or either. In the event ihe mortgagor fails to pay when
due any tax, asse~ment, insurance premium or other sum of money payal~le by virtue of said note ancl tbis
mortgage, or either. the mortgagee may pay the same, without u;aioing or a~ecting ihe option to foreeiose
or any other right hereunder, and al! such payments shall bear interest from date thereof at tht hi~hest law-
ful rate then allowed by the laws of the State of Florida.
~ u~ty sum of money herein referred to be not promptly paid within thirty days next Qfier
the same l~ecomes due, or if each and enery the agreements, stipulations, conditions and cooenants of said
note and this mo~tgage, or eiiher, are not fuUy performed, complied w~ith and abided by, then ihe entire
sum mentioned in said note, and this mortgage, or the entire lxilance unpaid thereon, shall forthwith or
thereafter, at the opiion of the mortgagee, become and I~e due'and payable, anything in said rwte or herein
to the contrary notu;ithstancling. Failure by the mortgagee io exercise any of the rights or options herein
provided shall not constitute a waiver of any rights or oj~tions under said note or thu mortgage ocerued or
therea
f
ter aecruing. -
~n ~I~C~[0`~ the said mortgagor has hereunto signed and sealed these presents the
day and year first above ~critten.
Signed, sealed and delivered in the presence of:
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STATE OF FLORiDA, )
CovNTY oF St. Lucie ~
I HEREBY CERTIFY that on this day, before me, an
o6cer duly authorized in the State aforesaid and in the County aEoresaid to tal:e aclrnowledgments, personally appearecl ~
Harry G. Macrellis and Juanita J. Macrellis, his wife
to me k~~~cn to I~e the persong eirscrilxYl in .md ~~•M~ r~t~c•utrd the• Fore~;oinK instninx•nt anel they acknowleclReel
hefom ~ne that they ~•~~'~•uttrl the c:uiK.
~VITNEtiS my hand and offiri:tl u~:d in thc• C.~nmt~~ and titate lad xfomsaid this 14t~'1 day of
April u. ~y 72 ;
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IVot~rv P,~h1ic - ~!atP nf Flnrias~a~" t.•~~~
? LED REGOR~E~ Bonde~ i; '.n:-ri• r,:~ t:..^Aers i-_a~dra~~o ~
S~. ~i ~EP oO1tllAs l ~ly Comm,::;s;un Expir~;s; l~or. 1S~
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CtEaK CiRCU1T COURT ~ ~
vERtf1E0 ` ~i? 4~ c
RECORD . . _ .
3 z3 PM'TZ _ ~
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22'76~5
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g~~0~ ~1308
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