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HomeMy WebLinkAbout0447 nn~ shal~ per~orm, comp~y u~ilh ancl a6icle 6y ~1~ anc~ ei~ery the agreements, slipu~nliu?it, conditions wtd rnnenants thereoj, and oj tl~is mo?fpas~e, tl~en this mwtgage and ~hp e~tate he~6r create~d, t1~all cpate, de- fe?mine ancl ~e nu« a?ic~ voi~~. Ii~ Ihe mortgaflor hem6y Jur1l~e~ covenants and agrees to pay promptly when due the prtncipnl and interesl and ofher sums o~ money provl~Iecl Jor In aaic~ note and t~is mortgage, or either; !o pay u~~ artd aingu~ar tl~e ta.res, assessmenfs, ~evtes, ~inbt~ities, ob~igaftons, and encumbmnces o~ every nnture on satd pro- perfy: fo permit. commit or suf Jer no u~aste, im~airmenf or c~eferiornfion o~ saicr ~anc~ or !tie improvements Iherecn af any time: to RPPP tI1P buFldin~s now or {ierea~ler on ~nid Innd (ully tnsured in a sum of not less ~han highest insurable value ' in a company or companies accgpta6le to fhe mortgnflee, the polFcy or policies to be held by, and payable to, said mortgagee, and in thc? ea~ent any sam o~ mo~ey 6ecomes Poya6le 6y virtue of auch insurance ll~e mortgagee shall 1?ave fhe right to receiv~ and apply !he anme to the indebtedness here6y secured, aceounting lo fhe mortga~or ~or any surp~us: fo pay a~~ cosla, charges, ancl expenses, includtng ~awyer s(ees anc~ ttt~e searcl~es. reasonubly incun~ec~ or paid 6y fl~e mortgugee tiecnuse of t~?e ~ai~ure oj the mortgagor to prompt~y an~ ju~~y comp~y wit~ fhe agrnement~. stipulations, conditions and co~pnanfs oj aaic~ nofe anc~ ftiis mortgage. or eilher; fo pe~~o?m, comply with and a6ide 6y each and every !he agreements, stipu~ationt, condifiona nnd covenants sel ~ort~ in said note anc~ !{~ts mortgage or eif~er. /n !~?e e~e~t f{?e mottgagor ~ai~s lo pay when due any fax, nssessment, insurance premium or of{~er sum o~ money pnya6le by virfue o~ said Ro~e w~d ~h~s mortgage, or eit~er, f{~e morlgagee may ~y iF~e same, wif{~out wniving o~ af~ecfing the opfion to ~orec~ose or nny other rigF~t F~ereunc~er, and all such paymenls s{~nll 6ear interest ~rom date thereoJ at the I~ighest law- (u~ rnte ihen aUou~ecl by tl~e la~os o~ the $tafe o~ F~oridn. JL any sum oJ moncy hprein re(erred lo be not prompl~y paid within teCl daya next ajter the same 6ecomes due, or if eacF~ and every the agreemenfs, stipulations, conditions ancl covenanis o) sa~d note anc~ this morlgage, or either, are not f ully perJormed, compliecl wi11~ nnd a6~ded by. then tlte enlire sum mentioned in said note, and this morlgage, or tF~ e entire 6alance unpnid thereon, shall (orihwith or therea(ter, at the option o( the morlgagee. 6ecome and 6e due and paya6le, anyt?~ing in said nole or {~erein to !~e contrary notu~ithstnnc~ing. Failure ~~y fhe morigagee fo exer+cise any of f{~e rig~ts or options herein prot~ic~ed s{~n~~ not constifule a uraiver oJ any rig~ts or options u~der saic~ note or l~is mortgnge accruec~ or f~erea~ter accruing. ~n ~itness ~~~Ol~ fhe said mortgagor has hernunto signed and senled tl~ese presents t~e day and year ~irst aboi~e u~ritlen. igned, sealed and d~linered in tl~e prese~nce of : ~ ' • Q~~~ ~ ~-C.~~c~ ~ . - • - - - - , - J~ack B:~ McKissick---.... ~ j - - - - ~ , ~ - _<-1- - - _ ; ~ , ~ - _ . ~ ~ • :.,.~~~~~r(L/L-----~!:-= .~.',,1l1'~-~------~ ~ . , Johnan R. McKis iclf ~ ~ ~ ~ STATE OF FLORIDA, ~ COUNTI' nF $t. Lucie ~ ~ I HEREBY CERTIFY that on this day. beforc me~ an " o(ficer duly authorized in th~ State a[oresaid and in the County aforesaid to takt acknowledgments, personally appearrd ~ Jack B. McKissick and Johnan R. McKissick, his wife ~ to mc known to b~ the personS described in and who executcd thc (or~going instrument and ~~Bp~.Actnowledged ~ ~ : ~1 v ~ beforc me that they ~x~uted the same. . ~ ~~'I"1:'VESS my hand and o((icial seal in thc County and Statc last aforesaid this `.'_~y o~ ~ October A. D. 19 ?3. . _ ~ t ~ ~ _ . V _ _ _ t V " .ti. ~ n ' - = ~ _ . -f , ~ . _ . - = . . :y :0:: ---•-,.r ~ , • , ~~3 RECORD Notary~ Publ~c _ ~~o ~„wTr t ~ , - - State of Flo ida at La~~;~. ~ • ~ My Commission Expires:"""'"~~ Vl.~ `~2 r t 1~3 NMory Pubfic. Siote ef Flo~do af [arg~ Or.~ ~k~ 'l Q~ ~1,~; Cor.+n~ss:on Exp~r~s Oct. 30, 19i6 ti; t~ bonded br Am•n:or. F~re b Cosualh CO. 926 M - J THIS lNSTRUMENT PREPARED BY; ~ Emory C. Teel, III, Esquire, of Tl~;s Ins~rr~~ncnr p~pn,r~! hy: Fee, Puker b Fee, P. A. ~~~J - First Federal Building e~~~~o p'~E ~ ` A~ldress . - Fort Pierce, florida 3~45Q 3,-. . _ . . . < -