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~ nn~I sI~aII p~r~orm, comply u~ill~ on~ a6i~e 6y eucR anc~ every fhe agreements, sfipujcllons, rnndtNons and
~ co~~enanfs 1{~v?eo(, anc~ o~ I~is mortflage, IhPn thls mwfgage an~ f~~ estafe ~ereby crnatec~, shaQ cease, de-
fermine anri ~e null an~I troicl.
f~P morfpa~o~ jieru~y ~urfher cove~anfs and agrees to pay promplly when due fl~e p~incipal and
inierest and other sums o~ money providecl /or tn said note and this mortgage, or e[the~: to pay all and
sinpu~a~ tl~e ta.res, assc~ssmenfs, ~PVIRS, ~iabt~lfies. ob~ig4lions, and encumbrances o~ every natu?e on satd pro-
perfy: to permil, corr~mit or su)jer no waste, tmpairmenf o~ c~Pterioralion o( satc~ ~and o~ fhe improvements
_ ~ ftiereor~ ef any fimP; IO RPPP IhP tiut~~ings now or he?eajfer on cai~ ~an~ (ully insurea~ in a su?» of not ~ess
Il~nn full inaurable value. ~
in a company or rnrnpanies accepta6le to tF~e morf9agee, Ihe policy or policies to be held by, and paya6le
~ to, saic~ morfga~c~, an~ in I~e ei~ent any sum oj money 6ecomea paya6le by virfue oj such insurance t~e
morlgagpe shall have the right to ~eceive and apply t1?e same to the inde6tedness hereby secured, accaunting
i~ to t{~e mortga~or jor any surplus; to pay a~~ cosls, charges, anc~ expenses, inc~uding ~awyers ~ees and fiile
searcf~es, reasona6ly incurred o~ paid by tf~e mortgagee because of f~e jatlure o~ f~e morfgagor to promptjy
~ and rully comply u~it~~ Ihe nflreemenfs, sftpu~aleons, condetions and covena~ts of said note and this mortgage,
or eilher: Io per/orm, c~omply tuith cend abide by each and every the ag~eements. stipulations, condilions and
conenanfs set forl~ ir~ saic~ nole ~nd t~is mortgage o~ either. the event t~e morfgagor jai~.s to pay wken
+ due any fa.r, assessmenl. insurance premium or other sum o( money paya6le by virtue of saic~ note and t{~is
~ ~ morfgage, or either, 1~ie morlgagee may pny the same, without wniving or aJ~ecting the option !o roreclose
~ or any olher rigF~t herPUnder, and all such paymenls shall 6ear interest jrom date tl~er~eof nt the bighest Iaw-
I (ul mte th~n allowed 6y II~p laws oj fl~e Slate oJ Fiorida.
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~ 7l p p y pa 3~ days next a~ter
' ariy sum oJ n~oney herein re(er?ed to be noi rom t! id within
i; ihe same 6ecomes due, or if each and every the agreemenis, stipulalions, conditions and eovenants o~ said
note and t{~is morigafle, or eithe~, are not fully performed, complied wit1~ and nbided by, t~en~ tl~e entire
sum mentioned in said note, and tl~is mortgnge, or the entire balance unpaid t1?ereon, shajl Jorthwitl~ or
thereaf ter, at the option of Il~e mortgagee, become and be due and pnqable, anqthing in said note or herein
to tl~e conlrory notu~il6standing. Failure by !he mortgngee lo exercise any of the rigleta or options herein
~ provided s~~all nol consfifufe a waiver oj any rights or options under said note or f~is mortgage accruec~ or
~ l~erea~fer accruing.
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i1 ~n ~~N~~ ~~~Ol~ the said mortgagor has hereunto signed and sealed these presents tlte
~,ay anc~ ycar (irsf a~iove u~riffen.
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i $ig?te~, e delii~~r f~e presence of : ,
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i Pa ick J. McCabe
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. Ri C. Tawns d `
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STA'TE OF FLORIDA, ~
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COUNTY nF ST. LUCIE -
~ . I NEREBY CERTIFY that on thu day, beforc me. an
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officer duly authorized in the State aforesaid and in the County aforesaid to take acknowledgments, personally appeated
PATRICK J. MCCABE and RITA C. TOWNSEND
I ' to me known to b~ the person g deuribed in and ~ who executed the (wrgoing instrumrnt and ~ey acknowledged
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~ beEore me ihat ~ey cxccuted the same.
1~ITIESS my hand and ofticial seal in thc Count}• and Statc last aforesaid this 12~ day of
~ March A_ D. 19 7 3.
249968
Ayn a~coaoEO - N~, s,~ ~ ~a. ~
fllE~~lE ~OUNt`f flA. v pSS. tay c~-~.:.:.:_~ s so, tif4s ~~.3 0- 7~v
xri:-Y S
gt. ~ a ?04TRAS T ' . • '
{tOCE. • ~~~'••.,t{/ Qo~x+ed by l.rr.e.icun Fce S. CosyeltY ~
CirGU1T C~UR - = ~ J ~G':
4tEC~PO Yc~+~~~EO : ~j ; ~ ~ ~ =
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This instrument.was prepared by
t::~hael 1~~es, 124A No. 2nd Sti s~QK ~z P~
'ort Pierce, Fla. ~ I
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