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and shnll perform. ~o~~ply wuh and obid. 6y ~cl~ ond svery the agresments, ~tlpulaitons, condttion~ cu~d '
co~~enant: thereoj, and oJ IF~is mo~tgas~s. 16en tl~is morlgage nnd the sslals hero6y mated, shaU c~eas~, d~- ~
te?mine a~~d 6e null and iwid.
T11~11 li~e mo?fga{~or 1~prcby (urfher covenants and ngrees to por prornptly when dw t6e prtnctpal nnd E
interesl and other sums o~ money proi~idecl (or in satd nole and this mortgage, or etthe~: to pay all o.~d (
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singu~a~ !he fares, assessmenis. ~evles, ~ia6ililies, ob~igatioiu, and encumbronces oJ every nature oa sa~ pro-
perly; to permil. commif o~ su~~e~ ?io wasle, impoirment o~ c~efe~ornlton of aaie~ land or f~e irrtprouemenla
thprecn al any time; to RPPP I~P huildings now or 1~erwa/tPr ore saed lond jully tnsured tn a sum oJ not less
IhQR
in a rnmpany or compar+tes accepta6le to Ihe mortgagee. Ihe policy o~ poltcies to 6e held 6y, nnd pay46~e
to, said mortgaAee, a»d In IhA event any sum oJ money 6ecomes rxiya6l~ 6y airlue o/ such insurance !he
morlgagee shall have the right to receive and apqly the same to the inde6tedness here6y secured, accounting
to the morfga~or Jor any surp~us: to pay a~~ cosls, charges, and expenses. ine~uc~tng ~nwy~a ~ees anc~ ltf~e
searches, reasonn6ly incurre~ or paid 6y Ihe mo~lga{~ee becnuse oj f~e ~aijure o( Ihe morlgagor to prompf~y
and ju~Iy comply u~itlt tl~e agreemenls, sfipu~alions, concritions nn~ covenanfs o~ said note and ~hti rrtortguge,
or eilher: lo perform, compEv wit~ ancl abi~e ~y enc~ an~ every the agreemenls. stipulatio~s, eandilions and
couc~nants set fort~ in said note anc~ t~is morlgage or elt~er. jn fhe event the moMgago~ ~ui~.i to pay wf?en
due any lax, assessment, insurance premium or ofher surn o( .noney ~,oyA6[e 6y virfue of saicl note and this
morfgage, o~ eit~er, t~e morfgaQee may pay t~e same, u~ithaui wniving or alJeciing Ihe option to ~oreclose
or any other rif~ht lteret~~ider, and ull sucl~ payments shall 6ear interesf from date tl~ereoj at the highest law-
~ul r~te f~een alloa~ed 6y tF~w ~nws oJ Itie $tufe oj F~orit~a.
7! any sum o/ 7itOr1PV nP7Pl~! rp`PK~ t0 be not. promplly paid within thirty days next af ter
the samp becom~s d«e, or i( each an~I euery fl~e aAreemenls, siipulalions, conditions and couenants oj said
note a?~d t{~is 77tOlI~JAIjB, or P/I~1PI, c~re not Jully per(ornied, complied with nnd n6~ded 6y, then the entire
sum menlioned in said note, and this morlgage, o~ t1~ e entire balance unpaid thereon, shall jortF~wil1~ or
thereaJler, al the option o~ thp mortgaflee, 6ecomp and 6e due and payn6le, anpt6ing in :aid note or herein
fo t~~e conlrary notu?ithstnn~~ing. Failurp 6y ~I~p mortgagee !o exercise any of t~e rig~ts or oplions ~erein
prori~ec~ sha~~ nol constilule n« ~aire~ o( any ?i~~is or opfions unc~er sai~ note or this mortgage accrue~ or .
ihprpajtPr acc•ruing.
~n ~itness ~hereof~ I~~P sai~ mortgngor has RPfPl1I1~0 SIQRP~ UR~ SPp1~ ~~eSe FI~E~SE~R~S fhe
c~ay an~~ year jirst ahor~ tt~rilten.
sealed nncl clelioerecl in ll~e prns~•nce of :
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STATE Of FLORIDA, i
coc,~:v~rv oF ST . LUCTE - ~
I HEREBY CERTIFY that on th~s d~y. befon me, an
officer duly authorized in the State aforesaid and in the County a[oresaid to take ackuowledgmEnts~ penonally appearcd
CHARLF$ H. McKELL~AR and CHARLOTTE L. McKELL:AR,
his wire,
to me known to b~ the prrsong deuribed in and who eaecutcd the forcgoing instrumeat and t11ey acknowkdsed
beforc me that tY!@y ~xccuted the same_
WI"lNF.SS my hand and official xal in the County and Statc last aforesaid this day o[
AP~~~ ~ A. D. 19 7 3
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t~[p MO REC,~ROEO ~t~ p~, St~te ol Florid~ at Lxge
' ~1.LUCtt C4liM Y fU.
~~•.'°U~ L ~ ~OGE~ PuiTRAS ~ My Conanission EXn~es Se~. 16. 1975
~ ~ ~~~~jx C11r~+,IT ('i~(~at ynC~ h An~ric~~ fw 6 Gs~ Ce.
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I~IIS IIWR/!!lfll/~CC~fi''(I hY: ~~~x~~j~ ~{i~
` i nstrurtSent Was Prepared g~ri i
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! nda~ C. R. McDONALD, JR., AHorn~ ~
~".iliz~nt F~d~~ef 8~ildinq
I Ff• Pi~rc~. Florid~ 33450
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