HomeMy WebLinkAbout2259 and shnl! perjorm, comply wi11~ and a6tde by each and every t~e ag~vamenta, stIpu~attoni, oonditiona and ~
conenants thereoj, and o( Ihis mort9ape, then lF~ls mortgage ond Ihe estcte hereby crenfad. ~ihall cease, df- ~
termine and 6e ni~l! and void.
~!{~p morfgagor her~rby ~urther covenanta and agress to pay promptly when cIw fl~e principal ar~
interesl and of1~e~ sums oj money providecl )or fn satd nofe and thb rnortgage, or eiitier; to pay a~~ and
singu~or t1~e fa.res, nssessme~ts, ~e~~ies. IlaFiilities, ob~igaltona, and encumbranc~es o~ every nafure on said pro-
pe?ty; fo permtt. commit or su~~er no wasfe, impairme~t o~ deterioraflon of satd [~d or the tmprovemsnts
fherecn at any time: to keep the 6uildinfls now o? he~ra~fc~ on satd Iand /ully iruurec~ tn a aum of nol ~ess
than highest insurable value
in a company or rnmpanies nccepta6le to tl~e mortgagee, the policy o~ poltcies to be held by, ~d p~ya6l~
to, snic~ morlgagee, an~ in !{~e even! any sum of money 6ecomes _paya6le 6y vtrtus o~ auch insurance the
mortgagee stial~ ~ave the ~Ighf to receive nnd upply the sans to tl~e tnde6tednesa hereby secured, aceounting
to fhe mortga~or ~or nny surp~us; to poy a~~ cosft, charget. and expenaes, including ~awye't ~eea and tif~e
searc~es, reasona6ly incurre~ o~ paic~ by !~e morfgagee because o~ t~e ~ai~ure o~ t~se mortgngor to promptly
anc~ ~ully comply wil/~ the ogreemenfs, afipu~ations, eortc~itions and eouenants oJ said note and tl~ts mortgage,
or either: to per(orm, comply with and abtde by ench and euery t~e agreeme~ta, stipu~attons, condifions nnd
covenants sei fortF? tn-satd note and thts mortgage or ett{~er. /n fhe c?vertt ttie mortgngor /a~4 ro-~y w~en
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due any fax, assessment, insurance premium or ol~e~ sum o~ money pny~Ie 6y vtrtue oj snid note nn this
morfgage, o~ either, the mortgagee may pay fhe same, wifhout watving or a~~ecting ftie opfion fo jorec~ose
o~ any other right herpunder, and all such pnymenls s1~all bear interest jrom date tl~er+eoJ nt the 6ighest Inw-
(ul mte fhen allowed by the laws oJ the State o~ Florida.
any sum oJ money herein re(errecl to be not prompt~y paid wifhirt Thirty day: next a~ter
tl~e same 6ecomes due, or i/ each and every the agreemenfs, stipulations. conditions and couenants of said
no~e and this morteaAe, or either, are not (ully per/ormed. complied with and a6ided by, ll~en the entire
sum mentioned in said nole, and t6is mortgage, o~ tl~e entir+e balance u~paid ttiereon, shall jortl~with or
tl~erea~ter, n! tF~e option o~ t{~e mortgagee, become and be due and paya6le, anytlting in snid note or herein
to f~e confrary notwithslanc~ing. Fai~ure by Itie mortgagee fo exercise any of ttie rights or options ~erein
provicled sha~~ nof conslehde a waiuer oj any rig~fs or opfions uncler said note or t~is morfgage accrued or
t~eren~fer nccruing.
Dn ~hereof~ ttie saic~ morfgagor {~as hereunfo signe~ ane~ sea~ec~ these presents !he
crny ancl year ~irst above u~ritfen.
Signed, sealed a d delirered.an tF~e presencp oj: ~
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MARION MC KINNEY ~
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~ STATE OF FLORIDA. ~
' COUNTY OF ST. LUCIE
~ I HEREBY CERTIFY that on this day. before me. an
o((icer duly authorifed in the State afonsaid and in the Counry aforesaid to take acknowledgments, penonally appearcd
James W. McKinney and Marion McKinney, his wife
to mc known to bc the pcnon g descsibed in and who ezecuted the foregoing instrument and whp acknowkdged
be(orc me that ~~SI extcuted the same.
Wi7'NESS my hand and official seal in thc County and Sate last aforesaid this f'f day o[
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~ September A. D. 19 ~3, ~ ~
~ zs3s31 ~
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e~ fIlEO ~Y'J RECQRDEO ARY PUBUC. State oi F~orida at Large
~ SL LIfCtE COI;N?Y fLA.
RCi;CR P~t7RAS Y Commiss~on Expires December 18, 1976
' CLERK CI:;Cl11T COURt BondsO TAru AUTO-OWNERS ~tlSUwqNCE CO.
REC~R~< ~ ~ED.~.--- ,az;.liis,~ii~~~i
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