HomeMy WebLinkAbout2452 ~ unc! s)~all per/orm, comply uitl~ arul a1~i~le by euc)~ and eccr~ the u~;n~en~enfs, stlpulutions. coruluiont and
covenunts tl~ereof, arul o~ this ~no?tKa~;e, then this morl~a~;e urul the estate l+erel~y created. shall cease. de-
termine und Ge nul! Qnd ~oicl.
~ ihe mortgogor hereby /urther covenants a~u! ub?ees to pay promNtly uhen due the prii~cipal and ~
~nterest anc~ othe~ sun~s of mo~~ey Nrouided for tn saed note and tl~u martgage, or either; to ~uiy a11 and
stngular ihe iaxes, assessments, leuies, liabiltties, obligatior~s, and e~u~imGraiccs of euery ~wture on satd prop-
erty; io permFt, commit or sueer no uaste, impolrnier• or de~erioration oj saici larul or the em~rouements
t)iereon ut any time; to keep the buildings nou: or her~a/fer on sai~l land fully insurecl in a si~ of not less
than Eighteen thousand and no/100
in a company or companies accepta6ie to the mortgagee, the poltcy or fwlicies to be held Gy, ond }wyable
to, said »iortgagee, and in ihe eoent any sum of ~r~one,y Lecon~es payaLle. Ly ui~tue of such insurance ihe
mortgagee shall have the right io receioe a~ul oppl,y the same to ihe irulebtec~r~ess liereGy secured, accounting
to N~e mortgagor for any sury~lus; to pay ol! costs, char~zs, arul expenses, incliuling lauyers fees a?ul title
searches, teasonaLly incurred or }wid by the mort~;a~ee l,ecause of the failure of t1~e mortgagor to promptly
and fully compl~ uith the ugreements, stijn~Iatioru, conditions arul cooenants of saui rwte and this mortgage,
or either; to ~~erform, com~ly u;ith entl abede by each a~u! eoery the agreements, stipulaeions, condltions and
co~enants set forth in suid note ancl this mortgage or either. In the eoent tlie ~nortb~gor fails to pay when
due nny tax, nssessment, insurance premium or oNier sum o/ money jwyable by virtue of said note anci this
mortgage, or either, tl~e mortgagce may pay the same, without iiaiaing or aBecting the o~tion io foreclose
or any other right hereander, ond all such payments shaU bear interest from date d~ereof at tl~e bi~)iest la~a
ful rate then albwed ~iy ihe lau~s of the Staie of Florida.
nny sum of money )~erein r%rred to be not promptly }wid ecithin ~rtY ~ys ~ aft~
the same becomes clue, or if eoch and every the agreements, stipeelations, conditions a~ul covenants of said
note and tl~u mortgage, or either, are rwt fuUy performed, complie~i u;ith and abided by, ihen the entire
sum menteoned in saict note, a?ut this mortgage, or ihe entire balunee em~wicl ihereon, shall forthwitl~ or
thereafter, at tlie option of the mortgagee, become and Ge due a?ul payaGle, anything in said note or herein
fo the contrnnJ not~citl~stanciing. Failure by ihe mortba~ee to exercise any of the rights or options herein
Nrouic~ed s1ia11 not constitute a u;aiver of any righfs or options under snict note m this mort~age accrued or
thereafter accruing. .
~n ~itness ~hereof~ the said mortga~;or has bereunto si~ned antl sealed these presents the
day ancl year first above ~critten.
Signed, sealed arul delioered in the presence of:
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STATE OF FI.ORIDA, ~ ~
covMrx oF ST. LUCIE
I HEREBY CERTIFI' that on this day, before me, an
officer duly a~dhorized in the State aforesaid arnl in the Cuonty aforesaid to take acknowledgments, personallY appearecl
Bernard W. McBee, Jr. and Margaret H. McBee, his wife
to ~ne k~x~~~•n h? Ix• ttn• Tx•rWin 8~ti~u•riix•d in :~nd ~vM~ i•ClY'l1lt~d tla• fort•t~oinK in.tn~nx~nt a~nl they :~c•~~~~~•IeclRed
lie(urt~ ntc~ that ~1@~/ ~•\IYUGYI Illl' 1:u~n•.
\YIT\E:Sti ~ny h:u~d and of~icial x•:?1 in th~• Ca~unt}• and Statr la.t aforesaid thic 14th day of
August q. t~. 74~ - ~ .
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NOI/:fif Fll;~iC ~i0.tF CF FLGR;~A A; ;r.~GE
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