HomeMy WebLinkAbout0687 and il~a!! pe?/orm, co~nply wttk and a6ide 6y vack and a~ery tl~ ag?+~n~nb, st~pulatto~is, condittona n~d
ca?enanb thereo(, ar~d oj fhis rra?tgags. tR~n lhis mortgage and ths sstats lur+eby cnafed, ahau c~ew~. d~-
lermtne a~d 6s null and votd. ~
~ the mo~e9aflor hewby /wlker covenanfs nnd ~~+.es eo ~xiy ~o~~ly wk•n dw ~h. at~~l a.~d
interesl and ofl~er sunu o~ money provlded ~o~ in satd nofs ana !~b mortgag~. or eit~er; to pny aU and
•ingu~w f~e laxas. assessments, ~e~tes, ~tabi~ities, ob~tgattona. and encumbnartoei of e~e?~r nalun on sald p?~o-
perty: lo pennlt, commif or au~fer no wwte, lmpatrmen! or deterio?ation o~ iait~ ~and or tke lntprowmenb
tl~erecn af any fime: !o Ir~ep Ihe 6uildtngs now or I~e?paj on satd land jullp tnsw~ecl 1n a awn o~ nof ~ess
~~,an lhi~tMn Thousa~d Fiv Nundr~d and 00~00•---.--..-•-•-•--»-•---Dollars
in n company or eompanies ac~ceptable Io t1~e mortgagee. Ihe policp or pollcies eo 6e k.id by, and pora6le
to. sald mortgagee. an~ in !he event any swn o~ money bec~o~nes ~~61e 6y vtrtue bj aue~ iruuranc~ t~t
mwtgagee sl~all hae~e the ~tght to ?eceiue ond apply the same to the indebtedness kee+e6y secund, accounting
fo t~e mo?fgagor ~o~ any awp~us; to pnp a~~ c~wb. cha~ges. and expenses. inc~uding law~?er i ~eea and ttt~
searrhes, ?easonably tncunrcl or paid by tl~e mo?tgagee 6ecnuse o~ tkt jatluro o/ t1~e morlgagor to promptly
nnd (ully comply w~th !be agreements. sttpulnftons. ~dt~to~ ~d ~own~e, o( said note and t1~b morlgage.
or eifher; !o per~orm, ro~nPly wtt6 a.~d a6~de 6r ~h a,?d enerq tke agr+een~enb. sttpu~ationt. condittons ~
cove~anfa asf jorfh in sntd note nnd thb mortgage or either. In t~e enent the matgagor ~ai~a fo pay u~hen
due an~+ tax, asseasneent, tnsurance prenetum ar othe? sum o/ mone~r papabls 6y virtue o/ satd note and thts
mortgage, or eifl~er. t~e mortgagee mny pay f~e same. wit~ouf wdnir~g or n~~ecting tlie option to jo?~cbsa
or nny ofher right hereu~der, and aU auch payments a~aU bea~ interest (ro~n date thereo/ at t1~e 6tgl~e:t [aw-
(ul rnte Ihen nllowed 6y the lau~s oj the State o) Flortda
uny sum o~ money he?ein re~er?ec~ to be not prompf~y patcl within 30 dayt next u~ter
t1~e same becomes due, w I~ each anc~ euery fhe agree~nents. stipu~aftons, condit~ons nnd rnvenanb o~ aaid
note nnd this mortgage, or eifher. are not ~ul~y per(o~ned, c~omp~ wit~ and abided 6y, t~en t~e entire
luwt .n~nt4c.n~ in a~i~ not.e, nnrl thu mort~Qge. or t/~e entine 1in~anoe unpaid t~enson, s~tnU ~ort/twit~ or
thereajter, at the oplion oJ the mo~gngee, become ~d 6e d~.e a,~d ~~61~, anytl~ing in aaid note or het+ein
to the contr~ary notwit~stnnding. Failure 6y 1he mortgnges to ex~nctae any o~ the righb or optioru herein
provider~ s~a~~ not constitute a u~niver of nny rigbts or options under satd note o? ll~ts ntortgage ao~utd or
thereajte~ accruing.
~n ~~L tl~e said mortga or has F~errunto si ned and sealed the:e resenb the
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STATE OF FLORIDA~ ~
courrrv oF ST. LUCIE
I HEREBY CERTIFY that oa this day. betore me~ aa
ofticer duly authorized in the Statt aforesaid and in the County aforesaid to take acknowledgmenb. personally appeared
Etl+~l 8. McG~ue
to me known to be the penon described in and who executed the for~goirys instrument and if1A actnawkd~ed
qg~ ~tbat s~ executed the same.
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?3 ~ SS my hand and ofGcial seal in thc County and State Iast atoresaid thu
zy~~1: ~.s~•,~~.._ .-'-~,~r.
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~+4=' 1S~ A. D. 19 ]Z
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' t l`J NO1AlIY PUBLIG sTATE OF AT I~I~E
- MY AMM~ti~•~s" EXPIRES APR 15. 1974
:=:.*!'.~'4 ~ BO?IDEO fMROU3H FRED W. DI~TEIHOR~T .
~ ~:~c_ ',iat~ ~
fi~o aFcoROeo ~
iT. R~ E F Ol~i RAS ~
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C1ERK C?a~'~'T COUitT
RfC~a~ !Ck``':~
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~oac~~ ~ ~$7 ~r ~8 3 33 PM'7Z
I~ia h,~ra,nrnr p,~-parrd by: f 1 si ~ M. 0~ Laughl i n , t
Ad~l,rxr P. 0. 8ox 3405
20~ South S~o~nd StrNt
Fcrt Pi~ru, Ftorfda - 33~+5~