HomeMy WebLinkAbout0263 and shall p~~rjorm, comply u~ilh and abide by each nnd enery tl~e agreemenls, sfFpulation's, conditiona and
rnnenonts ther~o~, ar~d oJ this morf~aAe, tF~en Il~is mo~tga9e and the estate here6y crented, sl~all cease, de-
termine and Ge null and vuid. ~
Ifn~ t~~P mortga~o~ hen+hy (urfhe~ covenanls nnd ogrees io pay prompfly u~hen due fhe principa~ and `
inten•st and other sums o~ money prouided (or in said note and thts mortgage. 'or eilF~er: fo pny all and
singular the lares, assessments, levies, lia6ilities, o6ligations, and encumbmnces oJ every nature on said pro-
perfy; to pe~mil. commil or su~fer no wasfe, impairmenf or c~efe?iorqtion o~ said ~anc~ or fhe improvementr
Iherecn at any fime: to RPPP IIIP 6uildin~s now or herea(ter on caid land /u~~y insured in a sum o) not less
thnn -
in n company or companic~s accPptal~lp to the morlgaQee, the pvlicy o~ po~icies Io 6e held 6y, a~id payable
fo. said mortga~ee, nnd in Ihe et~en! any sum o) money 6ecomes rxiya6t~ 6y t~irlue o~ such Insurance t{~e
mo~fgagee shall I~ave the riyht 1o receive and apply fhe same to the inde6tedness hereby secured, nccounting
!o f~e mortganor ~or any surpl~is: fo pay a~~ cosfs, ctiarges, ane~ expenses, inc~ucring ~qiuyer s~ees ane~ lif~e
searches. reasona6ly incurrec~ or natd 6y thP morfgagee because o~ t~e ~ai~ure o~ the morfgagor fo prompl~y
and (u~~y camp~y u~ith IF~e agreements, sfipu~afions, conc~ifions anc~ covenanfs o~ said note an~ t~is mortgage.
or eif~ie~: lo perJorm, comply u~ifl~ nnd abicle by each anc~ every If~e ngreemenfs, sfipu~afions, condifions and
cot~enanfs set fortl~ in said nofe and this mortgnge or eithe~. In tl~e event the mortgagor jails to puy urhen
c~ue any tax, assessment, insurance premium or otl~er sum oj money payable 6y virtue o~ said note anc~ t{~is
mort~aye, or eit~ie~, Ij~e morf~agee may pay ftie same, without u~uiving or a~Jecfing the opfion !o ~orec~ose
or anp of{~er rig{~f {ierPUnc~~r, an~ a~I suclt paymenfs shall bear infPrest from t~ate thereo~ at the hig{~est ~aw- -
~ul ~ate If~~n allou~ed {~y 11~p 1au~s o( t1~e Stnte o) Florida.
D~ any sum o~ man~y ~~i~rein re~PRP~ IO ~e not prompt~y paic~ wifhin 3~ c~ays next n~ter
the same b~com~s deie, or if each and PI~Ply IIIP agreements, stipulalions, condilions nnd coneriants o~ said
note and ihis mortr~ar~e, or PifF~er, nre not /u11y performed, complied wifle and a6ided 6y, tl~en ihe entire
sum meniionec~ in saic~ note, an~ t{~is morlgage, or t{~e enfire ba~ance u~pnic~ ttiereon, s~a~~ ~orlhu~it~ or
fl~erea(ler, nt the option o/ 11~~ mortqagee. 6ecome and be due and paya6le, anytl~ing in said note or herein
fo t~P conlrary notwit~estan~in~. f~ai~ure ~y t{~e mortgagee to exercise any o~ fhe rig~fs or options ~erein
pro~~ic~e~ sha~~ not ronstilufP n u~airpr o( any rigtits or options under saic~ nofe or t~is morfgage accrue~ or
f~~~rna~l~•r accrtiin~~. ~
En ~~~n"S ~~~OL~ f{~~ saic~ morlg~4or {~ns {~ereunio si,ynet~ an~ s~a~et~ these presents t~e
c~ay anr~ yi~ar ~irsl atiore ti~rilfen.
iI
i Sic~ne sPa~PC~ an~ ~~~i~~ernr/ in t~e pr~sr?tcP of : .
E . - - - _ . . . - -
~ David E. Leager
- - - - - - - ~ ~
.
- -Na~~~ A ~ agert- - ~ -
a~- - - ~ ~ `
~
.
STATE OF FL(~RIDA, i
Cc~~`~rv c~F ST. LUCIE ~
I HEREBY CERTIFY that on this day, before me, an
~ of(icer duly authorized in the Stat~ a(oresaid and in the County aloresaid to tak~ acknowledgments, prrsonally apptared
~ David E. Leager and Nancy A. Leager, his wife -
~
to me known to b~ thr prrsong described in and who ea~cut~d the for~¢oinq inslrument and they acknowlcdged
~ .
b~forc me that they ~x~cuted the sam~. '
~ ~~'I7~\ESS mp hand and of(icial seai in the County and Stat~ last aforesaid this dzy o(
~ January, A. D. 19 74. '
, ,
,
~ ~ .
_ ~~~eo,~k°. ~~i',:ap! Q ' . ~
. .
. . . ~ ~ _ 3
- :GUNTY F4~, , '
r.~ st, Ftv`~ ~ ,.~~a4 . - ~ - _
Clf AK = a'~~~ eou~~ HOTARY PUBUC, STATE o1 FLORIOA at LARG~ - _ ' a
" ~ ~ o n ~ - ~ ~ ~ } MY COMM?SSION EXPIRES APR. 22. t917: : '
_ . t !
_ bana~ iNU ~iene~N lesur~nte J~~~rr.Neri
,1~ t3 3 5s PM ~ ~ ~ ~ _
2'73132
_ _ ~ r, ~ ~ -
_ . f. ` .
~
' %%rir Irrt/nu~~r~~tl f~rc~~nrr~l Elsie M. O'Gaughlin - ,
,•1~1Jnss 0'Laughlin & 0'Laughlin p p
_ P. 0. Box 3405 eoo~ 223
~ Fort Pierce, Florida 3345U