HomeMy WebLinkAbout2703 and shall perjorn~, comply uith and abicle by euc1~ und eucr~ tl~e u~;reeme~~ts, stipulations, co~ulitions and
cooenants thereof, and of this mortKa~e, then this mort~;a~e u~ul tl~e estate l~ereh~~ created, s)iaU cease, de-
termine and be null ond void. ~
~ ihe mortgogor hereby further cooenants arul agrees to pay promptly when due the principal and
~nierest antl other sums of moneJ proot~led far in said note anct t1~ls mortgage, or eiti~er, to poy all and
singular the taxes, assessments, leuies, laLilities, oLli~;atio~u, and encu?nGronces of euery noture on said prop-
erty; to perneit, commit or suBer no u:aste, imNairment or cletereoration of snid lontl or the improvements
thereon at ony time; to keep the huildin~;s notu or herea~ter on saed land fully iruured in a sum of not less
ihan
in a c~vmpony or companies aceEptalile to the mortgn~ee, the policy or policies to Le hel~l vy, and payable
to, saici mortgagee, arul in the eoent any sum of money l,eca:~es payal~le Gy virtue of such inswrance the
mortgagee shall have the right to receioe nnd apply the same to ilie iralevtedness here~iy secured, accounting
fo the mortgagor for any surplus; to pay nII costs, charges, a~u! expenses, including lawyeis fees aiul title
searches. feaso?wbly incurre~l or paid by the mort~;ubee becaerse of the foilure of the mortgagor to promptly
and fully comply with the agreements, sti~n~lations, co?ulitions orul cooenants of saKl note ancl this mortgage,
or either, to perform, comply with and abicle b_y each and every tlie a~reements, stipulations, condetions ond
covenants set forth in said note and this mortgage or eid~er. In the eucnt tl~e mortgagor fails to pay when
due any tox, assessment, tnsurance premeum or other sum of money poyohle vy vi?te~e of said note nnct this
mortguge, or eitl~er, the mortgagee may ~wy the same, atithout ~caioing or a~ecting the opiion to foreclose
or any other right hereunder, and all such }xiyments shall liear interest from date tliereof at tlee hi~hest law-
fuI rate then allou:ed by the lauu of the State of Florida.
any sum of money herein neferred to be not promptly paul ioithin thirty ~s
ihe sanse l~ecomes dae, or if each and ecery the agreements, stipulations, conclitions and conenants of snid
note arul ihis mortgage, or either, are not fully performe~t, compiied icith and abided by, then the entir~
sum mentioned in said note, and this mortgage, or the entire lwlance un~wicl thereon, alwll forthivith or
thereafter, nt the option of the mortgagee, Gecome nnd he due ond ~xiyaGle, anything in said note or herein
to the contrary notuithstanding. Failure by the mortgagee to exercise any of the rights or optioru herein
provirled shall not constitute o~caiver of any rights or oNtions under said note or this mortgage uccrued or
thereafter accneing.
~n ~I~Of
~ the snid mortga~;or has hereunto signed ancl sealed these presents the
day and ~ear first ahove icritfen.
Signed`sealed nd del' • ' the presence of: Estate of Lillie Mae M~Millan '
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xecutor
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` STATE OF FLORIDA, ~
COUN7Y OF St. Lucie
_ I HEREBY CERTIFY that on this day, before me, an
o6cer d~dy authorized in the State aforesaid and in the County aforesaid to take acknow•ledgments, personally appeared
James H. McMillan as Executor for the Estate of Lillie Mae McMillan
to nx• kiK~~~~n to Ix• t}H~ tx•rWin d~~•ril~Yl in and ~~~M~ t~c~~t•uti•d Nw• Ion•L`~?in}[ instronxmt :uid he :tclnn~eledgecl
beiom uie th:~t he ~•~~rutrd flx• .:uiK•.
tVIT\EtiS nry hand and offi~•i:d x:il in thr Coi?nh• and St.dc lact afon~aid this 25th clay of
July A. u. ~s~ 72
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~ FILEO AN~ RECOADEp 1~~t~r~- Pr:1 c J-- ---L:--
~ ST. LUCIE COUMTY f~,A. ' ~ - ~ =~?=!A*~ rf ;1r3 • ' - ~
NOCER p01TRAS !3~~:.~:~;~1 . . ~ r ~ e :
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CIERK CIRCUIT COURT 1?i} C~.,,.. _ 1
f1ECOR~J YE~iFIEp~~ ; trti._~;,.~y~;,. "%-..~'n
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