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HomeMy WebLinkAbout0356 . ; ~ , an~l sh~ll per~orm, ~~omply wifl~ and abide by pa~h and enery the agreements, stipulalion's, rnnditions and ' ' co~~~nanfs ~h~?ewJ, and of Il~is mort~a~e, then this mortnage and Il~e estate I~ere6y crealed, shall ce~se, ds- fPrmin~ anc~ ~~e n~~~~ an~ ~~oi~~. ~n~ Itiw morf~~n~or {~en~tiy ~urlher covenanls aRd aprees to pay prompfly when clue fhe principal and inleresl an~l ol~~~r surns of mouNy pronicre~ fo~ in saic~ note an~ this morfgage, or eifher; to pay a~~ and sin~ulnr Ihe IACPS, assessmenls, leoi~s, lia6ililies, o6li~aiions, uncl encum~~mnces oj eve?y nature on said pro- perty: fo permit. commif or su~jer no u~asf~, impai~menf o~ c~eteriornfion o~ sai~ ~and or the improvements f{~~~rncn af any lime; fo RPP~) f~~P hui~~in~s now or ~~ernajfer on said land /u~~y insure~ in a sum oJ not ~ess itiQ~ maximum insurable value in a company or companies acc~pta~~e lo Ihe morfQap~e. the po~icy o~ po~iries fo he f~e~c~ tiy. and paynble to, sai~ mortgage~, ancr in I~p evenf any sum o~ mon~y becomes payab~e 6y virtue o~ such insurance the morf~agee SIIQII IIAI~P the right lo rc~ceiv~ and apply ~he sume fo the inde6tedness here6y secured, accounting fo f~ie mortgac~or ~or any surp~us: to pay a~~ cosls, c{~a?ges, and expenses, inc~u~ing ~awye~~s jees and Uf~e searches, reasonably incurred or paid 6y the mortga~ee hecause o~ Ihe fai~ure o~ fhe morlgagor to prompt~y ancr fully comply u~itl~ the agreemenfs, sfipu~afions, conclitions ancr rnve~anls o~ snic~ note anc~ t~is mortgage. or eil~~er: fo per~orm, comply iaith and a6icle by ea~l~ nncl every t{~e agreemenfs, sfipu~alions, conc~ilions and ; con~nanls sef Jor[~ in said note and t~is morlgage or either. /n the event the mortgagor f ai~s lo pay u~hen clue any lax, ~ssessm~nt, insurance premium or ofl~er sam of money paya6le 6y virtue oj saicr note and this mo?t~age, or ~if~~er, f~~p morfgagee may pay !~e same, wit{~out waiving or aJ~ecling fhe option fo forec~ose or nny ofl~er ri~I~f I~pr~under, ancl all such payments shall bear inte~est (rom dnte tl~ereo) af the higl~est law- (ul rate Il~en allowecl by fhp lau~s o~ the State of F~ori~a. ~L any sum o~ mon~y {~erein re(err~~ to he not prompl~y paicr wit~in thirty days next after thp sam~ 6ecomes due, or i( each und e~~ery II~e aqreempnls, stipulations, conditions nnd covenants of said note a~id Il~is morl~age, or Pither, are not ~ully per~ormed, comp~ietr wif{? and a6~d~ 6y. 11~en fhe enfire ~f sum mentionp~l in said note, and t{~is mortgage, or the entire 6nlance unpni~ fhereon, shnl~ ~ortl~with or tl?ereaJter, al fh~ option oJ Ihe morlgagee, 6ecome and 6e due and pnyu6le, anylhing in said note or herein fo fhe t'onlrary notu~ithslandin,q. Failur~ by fl~e morfgagee to exercise any o( the rig~ts or options herein pronicle~cl stia~~ not conslifutP a u~airer o( any ric~~ts or options uncler sai~ note or t~is morfgnge accruec~ or ftiereajl~r accniin~~. ~ ~n ~~ll`~S ~hereof~ tl~e said mortgagor h~s I~ereunlo signecl ancl sea~e~I fhese presents tf~e f ~ay anc~ year ~irsf atiot~e u~riflnn_ Signed, se d nnd d~~i~~~r ~ th~ prnspnce o~: 2' c C 'l~ ~ : ~ :..R~'?%~-O"."~------------- ~ - - - i , ERALD G. McKEEHI~N • , ~ . _ " - ~ - - - , - - - :!-~r- ~--~`~e~..-~.-~---..._..----~~e.. - ------I'~ 1 NANCY CAsROL McKEEI~IN ~ ' ~ , - - i _ _ - - - ~ - - ~ - - - ~ i ' { ~ II ~ s STATE OF FLORIDA, ~ ` ~ CnU\TY OF ST. LUCIE I HEREBY CERTIFY that on this day. beiore me, an i of(icer dul~• authorized in the Stat~ aforcsaid and in the County a(oresaid to tak~ acknowledqmenu, p~nonaliy appeared ~ - GERALD G. McKEEI~IN and NANCY CAROL McKEEHAN, his wife to me known to be the prrson g describcd in and who execut~d the (oregoinq instrument and Sh@ acknowledged ~ befor~• mc that SIl@ ~xccuted the same. ~ ~~'I'1'\ESS my hand and official scal in thc• C:ounty and State last afor~said this ~th day o[ ~ ~ August, 4• D. 1972. ; * _ _ ~ ~ ~ - ~ fIlEO :•H~ `~~~~kDED N tary Public - State o ~orida st.~uc:F •.ot:NT'f fl - • . ; at Large. ~ ROGE:. r.,,~TRAS • , ~ CtE~X ~?~~%3~j ~OURf My Commiss ion Expires : ~ P.fC•^•r~~ t ~p _ . s 12 36 PM'~Z I . g~ 6 . . _ ~ ~ . ~ 23'7528 - : _ ~ , ~ ~ ~ ' % liis Irts~ni~n~ul pn pnr~-rl ly: _TMt tratnima~t Pre~ned e~r ~ B. A 81RA11 1R ~ ~Ic%~ii_ss ~•!ILIES. BITIAN 8 WILLES A ' P. o. s~X ~ 600K ~~U ~ACE J~ ' fort P~erte„ Fbrida 33~150 ' - - - _ ~ .~~R; _ ~ -3 - - ~ ~ ~