HomeMy WebLinkAbout1532 and shall perfonn, conipiy uit)i u~u~ al~ule l~i~ eac]~ aiid eucr~ the a~;ree?ucnts, stipabtio~u, coiuJitioru end
coveiwnts thereof, arul o/ this mon~;ake, ti~en tbis n+ort~;u~;e u?ul the estute l+erel~y created, sl~ull cease, de-
termine and 1ie nul! anc! void. . .
~ the mortbagor hereby fu?the? couenants a~u~ abrees to pay promptly when due the }~rincipal ond
fnterest aru! other sunu of mo~~ey prooided for in said note o?KI tl~is mort~age. or either, to pay all ond
singuWr ihe iaxes, assessments, levies, Iiabilities, obligotiaiu, aiul encun~Grd~aces of eoer,y ~wture on said prop-
erty; to per?nit, cominit or sueer ~w waste. tmjxtirrnent or deterioration of said la~ul or t1~e improvementa
thereon at any time; to keep the Guiklings now or 1~erea/~er on said land ful?y insureci in a sum of not lesa
than
~n a campany or compan~es acceptable io ihe mortga~ee, ihe jx~licy o? polecies to be heul by, and Na~able
to, sokl mortgagee. a~ul in the event ony sum of money l,ecomes payabie by vinue of such insurance the
mortgagee shall have the siKht to neceive anct apply the same to the i?uteGtedness hereLy secured, accounting
to the mortgagor for an~ surpli~s; to pay all costs, charges, and expenses, incl~uling lawyeis fees and title
searches, reasonab?y incaned or paid b,y the mortgagee because o/ the failure of the mortgagor to prom~tly
ond fully compl~ with the agreements, stipulatlons, conditio~~ and coue?w~us of soicl note and thts mortgage,
or either; to per/orm, comply uith aru! aLu~e by each and eoe~ the ogreemeMs, sti}wlations, conditior~,t and
cov¢nants set forth in said note. and ihis mortgage or eitl~er. In the euent the mortgagor foils to pay when
due any tox, assessment, insurance Nremium or other sum of money payal~le by virtue of said note and this
mortgage, or either, the mortgagce may pay the same, w~ithout wainin~ or a~ecting ihe option to fa?edose
or any other ri~ht hereunder, and aU such payments sliall Geor interest f rom date tl~ereof at the hiQhest 1aw-
ful rate then allou:ed by the laeus of ihe State of Florida.
any sum of money her~ein referred to be not promptly poid iciB~in thirty days next ufter
the same becomes due, or if each and eoery the agreements, stipulatioi~r, conditeons and Gouerwnts of saal
note arul this mortgage, or either, ure not fully performeci, eon~plied with ancl.abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance un~wul thereon, shall fortl~with or
thereaf ter, at tlie option of the mortgagee, become and be due ancl pa,yal~le, an~hing in said note or herein
to the contran~ notu;itlistanding. Failure by the mortgo~;ee to ezercise an~ of the rights or optians herein
provided shol! not constitute a uaiver of any rights or options uncter said note or this mortgage accrued or
thereafter accruing.
~n ~itness ~hereof~ iiee suid mo?tga~or has hereunto signed ancl sealed thes+e presents the
day and yea? first above ~critten. .
Signed, sea nd deli~ered i the presence of: c
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~ STATE OF FLORIDA.
~ CoUr"I'Y oF St. Lucie ~
I HEREBY CERTIFY that on this day, before me, an
o~cer duly authorizecl in the State aforesaid ancl in the County aforesaid m take acknow•Ieclgments, personallY aPP~~
Jerald G. Mckeehan and Carol McKeehan -
to nx~ k~H~~~~n to ix the• ~x•n~a~ g d~~ccriMYl in and ~chc~ r~~Y•~di•d tlx• forc~uin~ inctn~nK•nt :?~~~1 they .~~•k~~~•1~1~
I,~f~~n• ~~x~ ct~:~~ they l'\lY't1IlYI ON•.:~~~n~_ .~..-••~~,,,~4,,.,
\t'IT\Gtiti n?y hand .u~d alfici.d x:d in U?e• ('a,uuty and Statr I:t~t afi~resaid thi. `I~~,,.... ~Y of
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September 7~ v ~ ~ ~ _
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Lj~ ti ~a ~ .y./~ 2-
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NOTARI? ?UStIC STAT! 4? ~1~ ATt~lO! •
IIlEO AhD F~C RDED wttt coA+M~ssioN ui~ ~t,N~AiT~s ,
y` . ST. IUCiE v^OUR~~ flA. ~OtiDEDiHRU GftrERllt
K' ROCE~t P;,~iRAB
~ CLERK C1:~;.~tT COURT ~
RECO~i vEF~FiEO...,~~ ;
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