Loading...
HomeMy WebLinkAbout2243 and shall p~?jorm, comply u~ilh and ~btde 6y ~ch and eve?y tl~e ogreements, altpulationi, condttions and co~~enanls the~eo/. and oj this mortgane, tF~en Il~is mortgage nnd the estate he?~6y created, al~all cease, d~- !e?mine an~ ~ nu~~ un~ ~-oi~. 7ilS~ Ihp morfga{~or hemtiy Jurihe~ covenanfs and agrc+es to pay promptly when due 1he principo~ nnd interrsl and ol~ier sums o( mor~ey proviclecl Jor in sait~ note and thia mortgage, or eittier; to pay a~~ and stngular fhe tarps, assessments, le~~ies, lia6ililies, o6liflalions, and encum6mnces of every natun on said pro- perfy: fo pprmif, commif or suf~er no u~aste, tmpairment or deteriorafion oj saicr ~and o~ !he Improoementi Il~erncn at nny lime; fo ~PP~f IIIP buildin~s ~ow or herea~ler on said land )ully ins~u~ecl in a sum oJ nof less Ihan full insurable value in a rompany or compani~s ncc~pfa6le Io fhe mo?tgagee, the poltcy o~ poltcies to 6e held 6y, und pnyn6le to, snid morl~agee, and in the euent any sum oj money becomes rxiyn6[~ 6y oirlue o/ sucl? insurnnce tl~e mort~nt~ee sl~all haae Ihe ri~ht to re~ceive and apply t6e same to fhe inde6tedness here6y secured, aecounfing fo ih~ morig~~or ~or any surplus; fo pay al~ costs, c/~arges, and expenses, inc~uc~ing ~awyer s jees und tif~e searc{~ps, reasonahly incurred or ?xiid 6y thP mortgagee because o~ the ~ai~ure o~ ftie mortgagor to prompf~y an~ ju~~y comp~y u~itl~ Ihe nflreemenls, sfipu~alions, conditions and co~~enants of snid note ane~ Ihis mortgage. or eilher; to perform, comply wilh and a6ide by encti and every !he agreemenfs, slipu~ations, condilions and coa~enants set Jorfh in said note and this morlgage or eilher. In t1?e event Ihe morfgagor /ails to pay wF~en due any tax, assessm~~it, irisurance premium or ofher sum of money paya6je by virtue o) sait~ note ~d eh~s mort~age, or either, f~e mortgagee may ~y ~he same, wittiout wniving or a~~ecfing f{~e oplion fo (orec~ose or any olher ric~ht her~und~r, and al! such payments shall 6ear interest Jrom date thereoj at 1hc? higl~est Iaw- ~ul rnle fl~e~n alloired by the laws o( fh~ State of Florida. ~l nny sum of mon~y /~erein re~erre~ fo be not prompl~y paid within f ive crays next ajfer the same be~-omps clup, or i~ each and PI~PIy I?IP agreempnts, stipulations. condifions and covenants of said note and this mort~nc~r. or eitF~Pr, are not ~ully perJormed, complied witf~ and nbided 6y, then !6e enlire sum mentionet~ in said nole, antl this mo~tgnge, or the enfire bulance unpaid tlter+eon, s{~all jortl~u~ith or therea(ter, at Ih~ option oj the mortgagee, 6ecome QR~ 6B due and ~ya6le, anything in said note or {~erein to t~e contrary nofu~ilhstanding. Failurp 6y ftie mortgagee to exercise nny o~ fke ?ighfs or options kerein pro~~iclecl shaU not cmisfilufP a waivpr o~ any rig{~Is or options under said nole or lhis mortgage nccrued or f~erra(t~r accruing. ~n ~~~1IQ~ ~~~Ol~ the said mo~tgngor has I~ereunlo signecl and sealed fhese presents t1~e c~ay an~ year f irst ahore u~rilfen_ Si~ed. sea~eil ancl rlplirerecl in lF~e resence o~:. ~ A _ , , ~ o~'~ . - - . - - - - - - ~ r ck~~~~ c e < ~ - - - - - R ~ ~a~-~C~:-~~'Townserid~ - - , - ~ - - f E k ~ ~ STATE OF FLORiDA, ~ COL'NTY OF S t. Luc ie I HEREBY CERTIFY that on this day, be(orc me. an o(ficer duiy authorized in the Stat~ aforesaid and in th~ County aforesaid to tak~ acknowledgmrnts~ pertonally appeared PATRICK J. McCABE and RITA C. TOWNSEND to mc known to be the pcrson described in and who ezecuted thc forcgoinR instrument and they acknowkdged beforc m~ that theyex~cuted the same. 17'\ESS my hand and o((icial stal in thc County and St~tc last aforesaid this Sth day of December A. D. 19 72 • ~ ; " 243143 ' Notary ~Pu ~ , ~tate~~ o~~~ F'I.orida FIIED^~~• ;-=:~t~~ uEO at Lar e ST. ~U„ ;~H , f,.R. g ~ ~i ~ ~^t c`»' My Commission Expires. Z4 7 ~ / _ . 5 . ~ • ~ ~ . . ~ DEC ~ 23 ~N I ~ - ~ • . L~. . ~ ~:G`L iJ ~ S•v ~ ~ .tr. - ~ : v ~ ~ C ; _ 'G? ~ 'N' O 4 ~ • 'i' ' ' • ` _ '!'lris L,s~n~,»n~r prepnrrd by: 0 R~8 PACE I: ~n •G Add,ru ~ INS~RiIMENT WAS PREPARED BYi 80QK $PENCER B. GILBERT, Attorney at Law 22p ~ECOND STREET , FT. PIERCE, FtA. 33~50 . . . ' ~ y Y k,'_~ _ "+ke~~v ~'^+C..W F ~ ~ ~ t~~u~~'-~~.~ ~;R ~ K ~ ~ ? ~ . . 'f ~ ~.Fi' . . _ _ _