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an~ ~hall per~orm. comp~y witti and a6id. 6r ~1~ and evory !~t ngnem~nta. atipu~atioris. c~onditions nnd ~
conenant: tf~ereoj. and oj lhia ~norlyafi~, t1~en this mo?t9oge and the estat~ heroby crented. •I~nU cewe. d~- i
fe?mtne and 6e null and void. _
~ lf~e mortgaoor hewby ~urther covenants cnd agrQes !u Pay P?omP~~7? u~hen dw t6s ~xinc~tPul nnd ~
tntere~l and ofher suma o~ money provic~ed ~or i~ aaia note and I~U ~noNgage, o? eith~r: to pay uu and
tingu~a~ ti~e laxes, assessments, ~evies, Itu6tlilies. obligatlons. nr~d e+~cum6ronces a~ every nature on satd pro-
perty: !o pern~it, rnmmit or au~fer no wa~te. impatrmenf or defe~iorofion o( said ~and or fhe in~prouemenb
f{~erecn uf any time; to kPep the tiui~~ngs now or tie?ea(ter on aaid land (ully insurecj i~ d'sum o( not ~ess
fhan ~~~v~~ ~ U/1 ~ yi~~
in a compnny or companles ncrnptable to the mortgagee. !he poltcy or poltcies ro be heW 6y, o.~d ~~61.
to, said morlgngee. ane~ in fhe euent a~y aum oj money becomes ~yabl~ 6y uirlue oj auch [n+w~ance t~e
morfgagee sha~~ 1~ave lf~e righ! to receit~ and npp~y fl~e same to ll~e inc~e6tedness hareby secured. acco~+n~~n9
to t{~e mo?Igagor ~or a~y surp~us: ta PaY n~~ catfs, charges. anej expenses. inc~udtng ~nwyer s rees a~d tit~e
searches, reasona6ly ~n~~,~1 0~ natd 6y the mortgagee 6ecause oj tke jatlure o( 11u mo?teo9or to prompll7? .
and Ju~~y comp~y wif~ fhe ag?eements, sftpu~aitona, conditions and covenanta oJ aa~d note and ll~ta mortgage.
w ei11~e~; to per~o~m, comply with and a6ide by eacl~ and every the ag~eemenb. stipu~ations, condtfiona and
covenant~ set (o?th in said note nnd this mortguge or eitl~er. In Ihe eoent the mortgagor ~atb to pay when
due nny tax, assessment, insurance premium or olher sum of money payuble 6y virlue of snid note and tl~is
mortgage, or either, t~e morfgagee may pQy f{~e some. wtthout waiving or af
fecting the option to joreclose
or any o11~er rigl~t hereuntler, and all suck payments shall bear interest /rom date thereoJ at the highest law- ~
~ul rale ihen allowed by the laws oj fhe. Stntc? of Flo?Ida.
7` any aum oJ money I~erein re(erred !o be not promplly pnicl wilhin thirty clays next a~ler
the same becomes due, or ij encl? and every Ihe ngreemenls, stipulations, conditions and covennnls oj said
~ote and tF~is mortga~e, or eitF~er, are not jullq perJormed, complied witl~ and abtd~d 6y, tl~en the entin?
sum mentioned in soid note, and th~ mortgage, or !he enti?e 6olance unpaid thereon, sl~nll ~orthwilk or
therea~ter, at tl~e option o) Ihe morigagee. 6ecome and be due and paya6le, nnything in said nofe or herein
to !~e contrary notu~ithstanding. Fnilure 6y !he mortgagee to exercise any oj the ~ights or opttons hetein
provided s~a~~ nof constilulp a u+aivpr oj any rig~is or opfions une~e~ said note or t~is mortgoge nccruea or
t~ereajler accruing.
~n ~itness ~hereof~ t{~e said mortgagor has tiereunto signed and sealed lhese presents ihe
c~ay anc~ year Jint abone u~ritlen. _
Signe , se d and e~ivered +n I~P P~'PSP/lCp o):
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STATE OF FLORIDA, ~
COLJNTY OF $T . LUCIE j HEREBY CERTIFY that on t6u day, before me, ae
of(icer duly authorized in the Stat~ aforesaid and in the County a(or~said to tak~ acknowkdgments, personallY ~PP~a~
RICHARD E. McDONALD and ANNE J. McDONALD, his wife,
to me known to b~ the penonS described in and who executed the (oregoinq instrument and they acknowkdged
beforc me that they ~x~~uted the same.
\V11'NESS my hand and o(iicial seal in the County and Swte last aforesaid ch~ 23rd dar °E
S@pt@I[IbeY' A. D. lg 74
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FZ~~ ~X!
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~ NOTAitY PUBLiC ST OF FLORIDA AT LARGE
~ • MV COMMISSION f.XPiR~" ~~c~V- 13. 1974 ,
~ - G~HER~L:•IN$URANCE UNQERWRITFRS. ~NC.
~ ,-~~.•~.~~n.~,~~~ .
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~ J.- • ~ AIiD NECORDE~.
i r : itLEO
= c ~ s ~ ~ = it.lUC1E~GOJNTt FLA
~ ltOGf.~ ?O~~RAS
' : . ; `G ~ CLEaK ~~~Ct1?T COU11t
~ p ~ ~{tC4R0 Ve'.31i1c0
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1~~ .-~3 . S~ ~3 2 ~o PN
if~~,~
' Thfs Instrument Was PteWred 9~lt
~tts ~Ilslrliln['nl pr['fN~/t'r~ Hy: C. R. McDONALD, JR.. 29~p41
Ciii:~n~ F~d~r~) tutidln~
- /~~~[~/t;if F~. Pi~rc~, Flo?id• 33450 a~~ ~ ~
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