HomeMy WebLinkAbout2267 an~ s~a~j per~orm, corr~pJy wifh ond ablde 6y each and e~~ery f~e agreemenfs. ~fipu~aUons, condittons anc~
coe~enants lhereoj, ond o) this mortgage, fi~e~ tl~is mwtgaga n~d the "e:tate here6y crealed, s1~all cease, de-
fermine ancl be rtuU and void.
711~I1 I~e mo~fgagor tie~eby /urthe~ covenanfs and agrees to pay promplly when due the p?tncipal nnd
interrsf and ofher sums of money provic~ec~ (or in said note und I~is mortgege, o~ etlhtr; to pay a~~ arul
singu~ar the taxes, assessmenfs, ~euies, lio6ilities, ob~igalions, and encum6rances oj every noture on said pro-
perly; to permif, commi! or su(~er no waste, impairment or delerioratio~ o( saicl lnnc~ or !~e improuaments
t6ereon at any time; !o leeep the 6uildinfls nou~ or 1?erpajter on sQid Iand juUy insured in a sum oj not lesa
tha~ Fifteen Thousand and No/ 100
in a compnny o~ compnnies ecceptable to the mortgagee, fhe po~~cy or poltcles to ~ie /~e~ by, anc~ paynb~e
to, s4id mortpagee, and in 11~e e~ent any swn o/ neoney becomea ~oyoble 6y virtue oJ such i?uurartce t6e
mortgagee sholl I~ave the rtgh~ to e~cete~e and apply the same to the inde6tedneas hereby secw~ed, aecounting
to t/~e r?+ortgaqor for uny surplus: to pay all costs, ctinrges, ancj expenses. inc~uc~ing ~awyeri ~ees and tille
sparc{~es, reasona6ly inrurred or paid by tl~e morlgagee 6ecnuse o/ the ~ailure o/ tke r+nortgapor to promptly
and ~u~~y comply wit~ ttie agreements, stipu~attons, conc~itions antl covenants oj said note anc~ this rROrigape,
or eiiher; to perjorm, comply with and n6ide by eacl~ and every the ngreements, atipulattons, eondit~ons nnd
covenants set forth in said note ond tf~is mortgage or either. In tI?e euent tl~e morlgagor ~nib to pay when
cjtue any lnx, assessment, i~swnnce premium or ot~er sum oj money paya6le 6y virtue o~ sa:d note and this
mortgage, or either, t~e mortgagee may pay the same, wit~iouf watutng or n~~ecfing fhe option to ~oreclose
o~ any ot6er rigl~t hereunder, and nlI sucl~ payr?ients shall bear in~ar+est /rom date tleereo/ at the l~ighest law- _
~ul ?ate t{~en allowetl 6y t6e laws o~ t/~e State of Floredu.
~l any sum o` money herein re(errec~ to be not promptly paic~ wilhin 30 [~ays next nJte~
the same 6PCOmes due, or i j eaci~ and enery the agreemen~s, stipulations. condieions and covenants of aaid
note nnd tl~is mortgage, or eitl~er, are not ju~ly per/orrned, comp[iecl witle nnd eb~ded by, tl~en the enttre
sum mentioned in snid note, nnd ehis moregage, or fhe entire balance unpaid ihereon, sl~nll /ort6u~ith o~
fherea/ter, at the option oJ ~he rreortgegc~e, become and be due and papa6le, anything in satd note or herein
to the contmry not~it~sfantling. Failure by the mortgagee to exp~+cise any of fhe rig~ts or opfions he?ein
pnn~~i~c~ sha~~ not constitute n u+aiver o~ any rig{~fs or oplions unc~er snitl note or lkis mortgage nccruet~ or
f~areaJter nccruing.
~n ~~lll~s ~hereof~ the safd mortgagor {~as 6ereunto signed nntl senlerl fltese presents the
~ay an~ y~ar ~irst a~ove u~riften_
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i Signe , enled a~,d dplirer in the presence o): „ ~
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' STATE OF FLORIDA, ~ ~
COL~:~~TY OF St. Lucie
I HEREBY CERTIFY that on this day, be[ore me, an
~ officer duly authorized in the Stat~ atotesaid and in the County a(oresaid to tak~ acknowledgments, personaUy appeared ~
~
R Patrick B. _Lally and Judith A. Lally, his wife
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to me known ta bc the person deuribed in and who ezecuted the (orcqoin,q instrument and they aclrnowkdged
before me that they ~x~cuted the same,
s
~~'IT\ESS my hand and official seal in the County and Stat~ tast a said this l lth, day of ;
ebruary q. p, ~g 74 ~
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~'~G~ L~<< <'J~~-u~/
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_ NOTARY,i'~ "^'~T~ t3f R~ aT + ~
• MY ca:~,:.., ~ ~r~ r ..r. ls;~
. ~+~.lti..r'~Lf.rs::~. ~iw~uo iit1S.
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7%i~ L~vr~~u~r-»! f~r~ f~~iri~1 FEB I I Il 0~ 1`t
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~ r~~~~ 223 PA~F22~'7. ~l